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� 201108795
<br /> ac�y right�incS rertte���tb daei�re a d�fa�i�t a�d cat:sc-netice r�f de#'�u1t fo be r�ce�r�ed as hereanat€er pievidrd,aatd
<br /> c.�atulativ�to a�ry other right an��or renaedv hereui3der,ur piovide�i bv law;an�i 3nny be exer�;ised canctirrently ar
<br /> independentl}�. Expertses inciirred tiy k3eneCiciary tiereunder including reasonr�l��e at[urney's fees s13a11�re secitred
<br /> �ereby.
<br /> �,_ "t'?ie Tiustor co��ea7nts attd a�rees fhat if he slaall faiE kc�pav said ai;daUtec�,�ess,a!^any paFt thereaf,
<br /> wh�n clue,nr shs?i fail to j�e^forna any c�venan�or agre�menE af this instr�ment or of the prcnnissory nute secua-e�i
<br /> 3�ere�v,Yhe ei��iru in�ebtee3neas herei�y securer��r��aii i3nined43tety be�osne c3ue,payahle,a�d collectib��at tiie option
<br /> ��ttz�13et7eficiary or assigr,�,re�ardless af maturii.y,and tlte�IeneCiciarv or assigns m�ty enter upon sai�i prc�gertr�
<br /> an�coliect the renYs�t.d nrofiEs thcreaf. U�an such clefau[t in payrnent or�rerfarufance,and hefore or a€:cr such
<br /> enh`y, khe�`rustee,a�;ting itt�17e executr�ia of this TrusC after tha notice crf defaLit ttas baen rcc��'ded,sh�:�li n�ail,a
<br /> copy af tfi��default tn each perGan who is a�arty ta 4fzis irfstr�auteitt,aE#he addre.ss set�ut in this iiistrtsr<lent,as well
<br /> as io any�ers�n wh�a Tt���eqwe,ted any iiotice of defa���t and natioe saie by recor�iin�sai�req�eest far notice wiih t1��:
<br /> r��isicr of deeds�n the cou�lty in which t17zs?r:sh`uanant is recardE�i,and aiier Yhe lapse ef time whic}t i�requirecl by
<br /> ]ati�after anailing the n�ti�c;#he Z'raxst�e stiall 9tave tts�:power to scl�saici pr�rEa��,and zt sha11 be the"Fc�stee's diaty'
<br /> tcr sell said p1•aperty in case�f a��}default�f a�y purclt�aer,iza r�;5�lt at putilic auction,kc+tlie highest hiddee. `l'he
<br /> Truste�st�all first give f�ve weeks'nt�tice of fhe lirt�u,tet�ns,and place ofsuch s�le,liy adv�rtiser�ient�1ot less thai�
<br /> ance tiur�ne eacl�af said five w•eeks i[�a t3ewspaper p�ibkis�ed cr clistributc�zn tEie euuntry�s�oliticai subdivisior,in
<br /> �hic� sa7d p�'aperfy is situateJ a:nci wrattez�notice af sale s1�a11 t�e nzailsd ta each person who is s par)u ta tiiis
<br /> i;�s�umeitt at lhe ndc�r�s��et�arh h�rein{and tk�e Be�e�ci�ry or azSv��est��x on behalt`nt�tEzc 3�e�teftciary ma�bid
<br /> ��ld ptire.ha5�at sn�iz s�le}.: �ucF�sale will he hetcl at�sizi#able ptace to be se4satet.'b��ttt�Reneficiary avithin sa'rd
<br /> c�u��ty oe political suhdivisSon, `Che"Caustee is l3�rev}�autl�orized to c;�cekite�rtd deli�er to fhe�x�rchaser a.t suc,h s�i�
<br /> z sufFcient convey�ancz af s3ic�propetly,which e�nvayance shnll ccml;�in recitals as ta the hap�i��ninp nf defavlt upon
<br /> vdhsch the exe�u[iux of the power af salc herein granle�! depeflds; an�l the said 'CnzstUr�iere;y coit�titutes and
<br /> al,pc�iitts Ehe 7'rs��tee as l�is agent and a�tutitey in fact t�inake sur.h recitals an�t to execute said conveyance an�3
<br /> I3er��y cnv�enatats and agrees tl�at the r��„tals sn macie shall he hin�ir.K ar�d corkcEusive�poa the"��rusCcir,at�d saict
<br /> eonveya�ce sha�l be effecPi�71 tn har alf equit}�or right afreclemptian;homesteac�,dawer,right<�f�ppraisen�eni,and
<br /> alt�other rigIits mn�exrmPtia�xs of khe T'rusfc�r al[t�f ivhich are herebv expressly tia-aived anc€canvey�ecf to the Tr4istee.
<br /> in thc e��ent oI'a sale a's I�eteinab�rve provided,ttie Trustar or�nv p�rsan in pos��ssion tmder tl�e Tzustor,shalt then
<br /> becunte anc��e €enants �.o:ciing av�.r�3ic� sf3all faxthwith detiver possessinn tn ihe p�srehaser at sucl� s¢ie ar 3�e
<br /> sumrnarily dispassessetl,in a�cnrdat�ce v2ith tE�e provisions of lur��applicaiile ta te�3at3�s h�lding over. Thc;pakver
<br /> and agency h�rehy oranta3�e coupled wit��an interzst and are irrev�cal�te b�=death ar o#tierwis�.:.and�re�;i•anted as
<br /> �umulaliue to all other i�erne3ias fer!fie cnllectian�f sais_l inde�atedn�ss. The�3enefi�i•r,ry or,A.ssigns may iakc any
<br /> �tl�er upprnpriate actioil pursuant to state e€fe:lerai st�tu!e eit.�ei �n star.e ar fesJer31 caurt or otherwise 1i�r tStz
<br /> dispus'tFton of grope.*Ey.
<br /> 5, tit ti3e everit o:a salc as providcd iis�aa•�g�'a}�h�1,the`i'nz5tee sh:�ll he paid a fee by t}:e P,encdiciaty
<br /> ir an anieunk nnc in excass of one garce�rt of the gress atr,ount of'sai�l sa3e or sales,�rrovided,t;�wevc:r,iha4 ti�e
<br /> arnutmk c�f such fee sl�atl be rea�ni7ahle and sh�ll be appruved by fl?e 13ene.ficiary as tu reaa�n�t�Eeiaess, �aic3 fee shall
<br /> 1��in adc�iYi�n i�Yh�ei�sts and expe����s ineurre�by th�s Trustee ir canducting su�3a�a]e. '�he amat2�it ofsu�3�cusls
<br /> and cxpenses slsall Ue cle�3ucted and p�ud fram the sale's�raceeds. lt is fuither<agre��that if said prc�pett�t'sltall l�e
<br /> adr��rfisacl far. sale as lierein pr���itl4ci anS iaaf snld,ihe'Crustce shal�he errtitJc.d to a r�;asonak��e Fee,in a�t acr�uunt
<br /> accepta�sle.o Yhc Fiene#iciary Fur tite services rendcred. Thc`Frustze s1�aH alsa be rcin3btirsec�hy the�eiaeficiary€or
<br /> ali costs �nd expe3eses incurred iti conr.:ctioza tvitls khe ac�ti�e�±�s�ng of s�ici �ro�erty f't�r sa3e>s tlae sale as n.ot
<br /> �cansanlmate�i.
<br /> 5. The pr�ce�cls��any sale of said prn��erky i�acc:�rdanee with p�rn�rapli a shall 6e a��lacd�rst tit
<br /> �3aymcnts ot fees, c;o5ts> Und expenscs c�f s�:d sale,tl�e ex�enses incurrcd hy the(3ene;heiarv f�r ctis�u�pose of
<br /> protwctirrg ar Ea�air�iainiag said p3�operty 3�Zd z'easonable atfc��-ncys' fees; secoizd�y,to payrtzer.t of Ehe in.�.ehtedness
<br /> secured herehy�;and thir�ilp;lo�ay an}�s1�r-nlus or excess ic>tltie gersan ar�zrsons fegnlly entitEed t}teretc�.
<br /> 7. En ihe event:said pr�r�e€ty is sc�id pursizant fa the aut�dprizatiun containc�in t;his's�a5�r�ieteii#ar at a
<br /> jt�dieial f'orecl�+sure sale ara�i the ps�c�:�ds are not suC�"icient Eu�ay tlae T�kal ii�de�tc:cln�ss secur�d d.jy chis insi�u�ncEat
<br /> tmcl e�'i�Z�nced l�y saia prt�rt�issory`note,tt�e}3et�efciary wil]bc.eniitled tu a defieieticy judgment far t.tic atnc��ant iii"
<br /> the defacieiicy�vitl�o�3t re�ai•d tv a�pra�semcnt,I?�e Trustor having tivaived and assi�ned aIi rights qf app,aiset3ierit 10
<br /> the'�rusf�c.
<br /> g. The'1'rustor cove3ian�s ric�d a;vc:es as fr�ilaws:
<br /> n, I�a w?ll�romptfy pay th�indeutedness avi�lenced�y said pro�isissc�ty nvte at the tiines and in tt�e
<br /> �nannee t3iercin pcovicled. � �
<br /> h; Hc H�6ll pay�11 fa:�eti,asse-ssrnents,�vatcrr�tes,arid other governcn�ni21 ar;r.t��ici�al cl�arges,tines
<br /> ar i�a�positions�for.�4iiclx provisian has no1 heen ma�le heteieibEforc;,�nd wilt p�•amFtly delivec tlle officia�
<br /> recei�ts ktierefore ta the I3eneliciaiy'.
<br /> t;. H�wi71 pay s�aclz-ex�ens�s a,nd fe�s:ds atla;y�e inct�rrod in the grcit�ctiaii and naaint�n�ce of saic�
<br /> property,inc3uding the fee.�pf an��att�m�y ez�l,p�oyed�y thc B�E�etici�ry for tlie collection uf�ny�r ald o�
<br /> th�inr3ehtedness here�sy secuE•��,of such e�cnses ai�d fees as inay�3�E incurred iit�ny toxealosu�e sale l�y
<br /> t.ie '�'npstee, �r c�vr: proececiia�gs ar ir, any �ihe. ]ili�ntion ar�rroceeding afteckiiig sai��t prope�tg, prid
<br /> attorney's fcc:reasonably iiacvrred in any atl�erH ay.
<br /> u'. 'ilte i�igi�ts t:f'e�fed by this conWe;ance 51aa11 re�nain iF7 fulS force aiZd effect �urin� any
<br /> postpuneltte�at ar sxtensioQ of t�te tirr3e t�f tlze�Sayn�e3rt of Yl1e indebtedt�ess euidencet�tay said nate t�r a3av
<br /> par�thereof secl2rerl her�by.
<br /> 4.doc '
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