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l~erehy, and in such order as Beneflciar'y ray deterlnine~ The entering ~~por~ and taking
<br /> possession of said property, the collection of such rents, Issues al~d profits and tl~e application
<br /> thereof as aforesaid, shall not cure or waive any default a~' notice of default hereunder ar
<br /> rn~al~date any act done p~lrs~ral~t to s~rch ~~at1Ce.
<br /> That upat~ default Trt~stor il~ payment of any indebted~~ess sec~~red hereby
<br /> or in per~farr~ance of any agt'eel~nent l~el'eu~~der, beneficiary nay declare all subs secured hereby
<br /> it~l~ediatel~r dale and payable by delivery to Trustee of ~vrlttel~ declaratlali of defa~rlt and delr~al~d
<br /> for• sale and of ~vrittell native of default and of election to cause to be Bald said property, which
<br /> ~~at~ce Tr~lstee shall cause to be filed far record. Eenef iciary also shall deposit with Trustee this
<br /> Deed, said Hate al~d all documents evide~~cln expel~dltrtres secured hereby.
<br /> After the lapse of such time as may then be requited by lam follov~~~~g tl~e reeordatior~ of
<br /> said ~~atice of defa~~lt, and ~~otice of sale l~a~in been given as then req~~ired bar la~~r, Tr'~rstee,
<br /> ~rltlaaut del~~l~d ot~ Trustor, shall sell said property at tl~e time and place fixed by it ilk sold l~otice
<br /> of sale, either s a ~vl~ole or ~~x separate parcels, and X11 such order as it r~a~r deterlrrir~e, at public
<br /> a~lctian to tl~e highest bidder far cash in Ia~vfi~l mane}~ of tl~e H~~ited Mates, payable at ti~rle of
<br /> sale. Tr~rstee ~~~ay postpone sale of all or al~~ par~tia~~ of said property by public al~no~~l~cen~e~~t at
<br /> such time and place of sale, and tram time to time thereafter trlay postpone such sale by p~~~lic
<br /> at~t~aul~cernent a.t the tl~r~e fired by tl~e precedi~~ postponet~~e~~t, Trustee shall deliver to such
<br /> p~~rchaser its deed can~reying the property sa Bald, but without any co~elxa~~t or ~var•rat~ty, express
<br /> ar implied, The recitals in s~rch deed of any matters or facts shall be conclusive proof of the
<br /> tt'utl~f~~lness thereof. Any person, including Ta~~~stor, Tr~~~stee, or Beneficiar~~ as l~ereinaffer
<br /> defined, may purchase at such sale.
<br /> After deducting all costs, fees a~~d expenses of Tr~~stee al~d of this Trust, including cast of
<br /> ev~del~ce of title rn cot~~~ectlan ~~itl~ sale, Tr;~#stee shall apply the proceeds of sale to payl~ent of~
<br /> all sums expended l~t~dei~ the terms hereof, ~~ot ti~en repaid, with accrued i~~terest at tl~e alnou~~t
<br /> allowed by la~~ in effect at the date l~ereaf; alI other' sums then secured hereby; and the
<br /> re~~~ainder, if any, to tl~e pel'sar~ or persons legally entitled tl~ereto~
<br /> Beneficiary, al' al~y s~~ccessor irl o~vner~ship of any indebtedl~ess secu~'ed
<br /> hereby, mad fz~atn til~re to time, by instrument in ~vr~iting, substitute a successor or s~~ccessars to
<br /> at~y Trustee named herein or acting l~ei~eunder, which instrr~lnel~t, executed by tl~e Bertef
<br /> Iclar`y
<br /> and duly ackna~~ledged and recorded its the off ice of file recorder' of t~~e county or~ counties
<br /> ~~here said property is situated, shall be cancl~zsive pr'oaf of proper subStitut1Q11 of strcl~ s~~ccessor
<br /> Tr~~stee ar Tr«stees~ ~~ho shall, without cali~eyance from the Trustee predecessor, s~lcceed to all
<br /> lt5 true, estate, rights, po~~ei•s a~~d drrties. and lns~i'~lr~lerlt rI~~1St ~at]ta111. name Df the ~1'r~rnal
<br /> Tr~lstor, Trustee and Beneficiary llel'eux~der, tl~e book and page ~~here this Deed is recar'ded and
<br /> tl~e l~alrre and address of the ne~v Ti`ustee~
<br /> ~8~ That this Deed applies ta, inures to the benefit af, and binds alI parties
<br /> i~er'eto, their hell's, legatees, devisees, administrators, exec~ltors, successors and assigns. The
<br /> teriri Bei~eficiary shall ~neal~ the a~~ner and holder, including pledgees, of the irate sec~~red
<br /> hereby, ~~lietllei' ai' ~~at natrred as Beneficiary heieil~, this Deed, ~vl~erle~er the context sa
<br /> EH~~~T B-3 TO ATTACHMENT N~,11
<br /> Ta eimburserr~errt Agr+eetner~t Deed afTi'ust
<br /> Nail-ecai'dable Attacian~erat €
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<br /> DOCSOCII ~~DG73~T1312~~27~-~0~ 1
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