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<br /> 9. �aa�einsetft o! Rents s KanaQe�p*+t o! Profle�ts[. �1B � �
<br /> � nd�i�ional sacurity hereunder, Bo�erower hereby rovided thaten��r i . ,
<br /> ;,;. the rents, issuee and protits o4 the Prcperty, p
<br /> � I3orrower shall, prior to acceleration under paragraph 11 hereof �
<br /> or abandonment of the Praper�y, have the rigk�� to collect and _
<br /> reta3n such renta, �88�1P�B and pro�its as they become due ahd ,,..� . , `
<br /> � payable. Upon acceleration or abandc�nmen� of the Prop$rty, ; .,...,', , �,. : _
<br /> L e n d e r ma y, a ent, with or without � . ,�7���'�.;
<br /> either in pereon or by 9 4 ;,,;r�n -.- �!•
<br /> bringing any aation ox proa�ed inq, or by a �e c e i v e r a pp o i n t e d b y -
<br /> a court and without rega�rd to the ad�quacy of its art�8=8oEn�in � � � �x`
<br /> upon and take posgQSSion o! the property� or +any P , ''!�•'";`"�`:�--
<br /> . �,�'•rs�_�_.
<br /> its own name or in the �aao ot thg �`ruste�, and do any aGts w2zich =;,.,,.,r�;t�
<br />��t: iti daems neaeseary or desirable to preserve the value,
<br /> marketAbility or rentability of fYae P�ope�tY, os any paseC theg�of ; �`.��.•.��_
<br /> � or intareat the�ein, increase the income therefrom or protect the � � ,�;,�
<br /> Becur.ity hereoP aan�l, w�.th or writhout taking possession oP the .
<br /> Property, isaues and . _
<br /> su�s for or otherwi�e collect the rents, �� .. "'��.�
<br /> profit� thexeof, including those past due and unpaid, and apply � � •.;.�_._=�
<br /> the eame, losa coste nnd expens�s of opexation and col�.ec�ion, :`'�.;� �
<br /> `� incluciinq attorneys' Zeea, upon any indlebteciness secured hereby, �;;�.`p.5�' �
<br /> ' � all in suah order as Lender may dstermine. The entering upon and �:�:� ., ;
<br /> tak3ng possession of ths Property, �he collection of such ren�s, ���
<br /> 3aBUe� �attd profits and the applicatian thereof as aforesaid,
<br /> shnl]. not aure or waive any dsfaul't or notiae of default ,;.
<br /> a„�' � hereunder or invalidate any aat dons in responae to such dePault ; ,
<br />�`-��- -'-��-- c�r purBUant to sucn notiiae vi u�fas2� .::8, .^.�t�i*ti'-atanding thQ ` J.
<br /> � � ,.;.,; continuance in p�seession of the Property or the collection, N"` �r
<br /> • :��;��:: receipt and �ppl3cation ot rents, �ssuea or profi4:n o and Trustee
<br />�5�f�;; . �"';;"�;�'� �tnd Lender sha1Z be e�ntitled to exe�ccise svery riqht provided fo� ,
<br /> � ' � in any of �he Lc�an Instruments or by law upon oacurrence oP any �
<br />-;;��,; .
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<br />.,���.. � Everxt of IDefault, including, wi�hout liaaitati�on, the right to :
<br /> • eacercise the power o� sale. F�arther, Len der's r 3.q h t s a nd � :-
<br /> � remedies under this paragraph 9 s�b�31 be cumulative with, and in
<br /> � � no way a limiCation on, Lender's �ights anci remed3.es under any
<br /> � � Asstqnment og Leases and Rents reoorded �gainst the Progerty. � -
<br />- • � 7�ender, Tx�n�tee and the xoceiv�r ahall be 13able to accoua►ti only ',r-�
<br />_ ' . `�
<br /> , gar thoae ��snts actually reoeived. �;'� -�
<br />. . ,,,� ,•: :;
<br /> ` '� '�`�"`�'� 10. �,Events o�_D��l�. The �ollowinq ehall constitute an �-_-
<br /> . , ,,..,,,�11
<br />- • � �`'�`�} � I[�vent of Default under th� Deed of Trus�: &
<br />- �---
<br />_ � (a) F�flure tid pay any installment o! principal a-
<br /> � � � or intereat or any other swa secured hereby when due, ;���
<br /> �� ` - or lailure to pay when due any other indebtedness of '__"==- _—°_--
<br /> � ,`+� , Borrower to Lender; _-
<br /> �;.�t:.., _
<br /> - � �,:�� (b) A breac2i o! or dAlault unde� any provision __ -
<br />- ' �,� contained in tha Note, this Desd of Txust, any oE ttno �==�.-�—��=�--
<br /> - ; � • Loan =ngtrumea�ts, or any otta�r encumbrance upon the ������"�"
<br />- �": Property, a�fte�r giving,efPec� to any applical�i� cure '�,� v�'�
<br /> � � � eriad cont�ained tlaerein; a� ' �a'� ,� {'�-
<br /> p �JY'.
<br /> t �..�.��...... fl.i...t.�:.;
<br /> � (�) A writ �of execut3on or attactament or any ��;�.�:��:�: �:.�.,.,
<br /> similar process shall be en�ered z►ga3r►at Boxrower � '•^��°���'��,���
<br /> .�a,,,�t���,:_,,,.
<br />'� which sha1.1 become a lien on the Property or any •�' ��,.• �•�t. . �
<br /> " . , por�ion thereof or interest ��xe�n; , • :'�;'°�`�
<br /> - ` �a3) Thare ahall be filed by or against Sorrowex } . , � ''.�:+"�,�'�
<br /> � an act3on under any pres�nt or future federal, state ��;. � • • �.
<br /> . or otlaer atatuta, law or rec,�ulation re].ating to bank- � . � .�,,�,
<br /> . ..
<br /> � x�uptcy, .,.nsolvenay �r other relie= for debtors; or � ': , � ��
<br /> _ ;_ _. there shall be appointed any trustee, rece3ver or` � �;.;::�
<br /> _ - -�
<br /> : 1 liquida�or of. Borrower or o� a11 or anX parc o= L��C ;
<br /> - Propesty, or tk�s renta, issues or proflts thereof, or I
<br /> Bo�r6w�r aball make any qeneral assignment for the f, i , . �- r
<br /> b�nefit of areditore; S �
<br /> - (R The ssle, trs�ster, aseign�nant, conveyance I . �
<br />- or f�er encuasbranae �f all or any part of nr any � .
<br /> � interest in the Propaxty, either volunta�ily or . •
<br /> involuntarily, without the express wri�ten cdnsent of
<br /> � Lende��. ' .
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