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AI?T?L Y? <br />??E"?S ?F D??.?UL'p A??] R???II? <br />Section ,?,1_ ?ver?ts of Defattlt Defined. Tire accurrence of any failure of the Ttsustor to <br />pay the ?'romissory dote or #o otherwise perfa?4?r? ? a?ligation tl? perfarmance of which is <br />sect??+ed by tltis Deed of Trust, and fire cantinuatiart of sttclt failure far a period of thirty ??} <br />bt?sir?ess days as to tnanetary ohlia#ions ar?d sixty ??} business days as to Hari-monetary <br />ob?iatiatrs far sucl? additional time as tray be reasanahly Necessary p?"avlded #hat Trt?star <br />comn?e?ces cu?•e wi#ltrri sucl? sixty ???}day period and #l?ereaf#et4 diligently pt"osect?tcs such ctu'e <br />#a cor?.pletion}, a?e?? wrttter? Nonce specify?rtg such failure and re?t?estin tl?at it be r•e?r?edied <br />shall slave beex? give. to Trustar from file Beneficiary, shall be ate "??ret?t of Default" or• a <br />"Defat?It" tinder{ tlais Deed of Tres#? <br />Sectiatr ?,2 Accelez'atiori of aturit . ?f a?i E?ex?t of Defat?It sltall nave occtu'x'ed and <br />?? cotltlnuing, tl?en ttte entire indebtedness secured ltexeby shall, at tl?e optian of #lte Beneficia?"y, <br />irnN?ediately ?eco?ne dt?e rid payable witl?ottt native or dema??d wlticl? are hereby expressly <br />waived, and no or?nissiart ors the part of tl?e Beneficiary to exet?cise stzch optio?? wl?en er?t?tled to <br />da so shall be cortstz't?ed as a waiver ofsueh right, <br />Section ?.3 Tl?e Betlef?ciar 's ?i lit to Bt?teti and Take Possession. ?f aN Event of <br />Default shall l?a?e occt?r•red and be contirtt?in, the ?3er?e?ciary may; <br />?a} EitherF iN persot3 or by agent, ???i#l? or ???itl?ot?t br"ingirrg a??? .c#ion or <br />proeeeding, or by a reeei?er appointed by a cat???t, ar?d ??it?xout regard to the adequacy of its <br />secu?•ity, e??#e?" upon the Prapctty and #al? possession tl?ereof ?or? any pay+t thereaf} a??d of a??y of <br />file Secttrity, in its awN name or in the r?atne of Trustee, and do any acts whicl? it deems <br />necessa?•y or desirable #a preserve the value, marl?etability ar ren#ability of the Praper+ty, or part <br />the?•eof o?"interest #herein, ittcrease the income #he?•cf?"orn ar• p?•o#ect t17o ect?r?lt? ??e?•eof and, with <br />or wi#hot?t taking possession of tl?e Ptaper•ty, stye for ail otherwise collect the rents, issues and <br />profits tl?ereaf, including tl?ose past dire and unpaid, arld apply tl?e Sartre, less casts at?d axpet?ses <br />of operatiar? and collectiat?, including attotr?eys' fees, t?par? at?y it?debted??ess secured ltereb?T, all <br />its Streit ardor as Beneficiary may determine. The er?terit?g upon and ta?itlg pasession of the <br />Propet4ty, tl?e collectiar? of sucl? re??ts, issues and profits and the application theteaf, as afatesaid, <br />shall Hat cure ar wane any Default ar notice of Defa?zlt lleret?ndcr ar tnval?date any act dotle in <br />??esportse to such Default or" pursuant #a st?cl? notice of Default and, natwi#hsta?ding rite <br />contit?uat?ce in possession of #l?e Property ar the collection, ?"eceipt and application of rents, <br />issttes otk profits, Beneficia?",y shall be etttttled to exercise c?ery tight provided fat" iri #l?is Deed of <br />Tt`tlt, the ?gree?r?ent or by law upon o?currer?ce of atly ??er?t of Default, ir?cludirt the right to <br />exercise the power of sale Trustar re?t?ests that a copy of any o#ice of Default and a cagy of <br />any notice of Sale her•et?nder be mailed to Tz?t?stot• if at its address given herein; <br />??} amtnence an actiotr to fareclase this Deed of `?'?"ust, appoint a reeeiver, or <br />specifically enforce any of file co?et?ants hereof; <br />?c} Deliver to Trustee a wri#tet? declaration of default and detrtand far sale, <br />and a written notice of ?le?'at?lt and eleetio?? to ca??se Trusto?•'s interest in tl7e property to be sold, <br />ATTA?IBT ??, 9-4 <br />1???DCII ?ODG7?v? 31??????-0?0 ?