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<br /> y-, .—� � "B�neflciary" shall mean the owner and holder of the Note, whether or
<br /> � nat named as Heneflciary Y�erein.
<br /> . ��- S �� , e.. o rP rPaentat.ives or
<br />: ,, tions. deneiici�y, �; ,ts ag....t.-, F---
<br /> � �� workmen, are authorized to enter at any reasonable time upon or in any
<br /> "�'` part of the Truet Estate for the purpose of inapecting the same and for
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<br />�w�h;;�::; the purrioae of performing any of the acts it is authorized ta perform
<br />_::,,�`�- under the terms of any of the Loan Instrurnents.
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<br /> _...�;,��� 9. Rtenb of Defi►ult. A,ny of ithe fr,�llawtng even�s s�hall he deemed
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<br /> an event of default hereunder.
<br />-.-�•�,i��;�i -
<br /> - (a) 'lYustor shaU have failed to make payment of any installznent _
<br /> ==-=�a�+�.� .__, .� � ��.� tpreqt or an other sum secured
<br />-�>�kr�,;� of lnteresc,�t�lilualrca.. :•: Y•.r.e.gal „�__ !t?-- Y -
<br />_��� hereby when due;or
<br /> _____— (b) Thereement�cond tion, pr�visions�representatione o wyarranty
<br /> .��,v convenant, agre
<br />�"� contained in any of the Loan Instruments.
<br /> � 10. A�ccelention Upon Defanit; a�l�ddittanal Iaeme�iw. Should
<br /> an even� oi deiauli. uc.�� B�x�:.��iw^; m�y �?P'''�?'� � �dehtedness
<br /> ---- secured hereby to be due and payalalc and the samc shall thereupon
<br /> --�-- become due and payable without an�r �resentment, demand, protest, or
<br /> notice of any kind• 'Ihereafter Benefictary may:
<br /> �,� (a) Either in person or by agent. with or witYlout bringing any
<br /> aetion or procee d i n g� or by a receiver appointed by a court and without
<br /> -- �..--- regard to the adequacy of its security, enter upon and take possession of ,
<br /> ------ the Tru�t Estate,or any part thereof, in itg own name or in the narne of
<br /> the ZYustee, and do any acts which it deerns necessary or desirable to .
<br /> p� the value, marketability or rentability of the �st Estate, nr
<br /> - part thereof or interest therein, increase the income therefrom, or protect
<br />— �+'� the securl.ty hereof and, with or�wlthout taldng possegsion� of the 'IYust
<br /> Estmte, sue for or otherwise collect the rcnts, issues, and proSts thereof�
<br /> including those past due and unpaid� and apply the same, less coste and
<br /> expenses of operation an.d collect�on including attomeys' fees, upc�n any
<br />��=.�; indebtedntss secured thereby, all in such order as Beneflciary may
<br /> -=�:1:� determine. The entering upon amd taking possession of the 'hust Estate,
<br /> the collection of such rents, isau�s, and pr�aflts, and the application
<br /> ----�' thereof as aforesaid, shall not cure or waive any default or notice of
<br /> default hei�eunder or invalidate any act done in response to such default
<br /> ---_� or pursuant to sueh notice of default and� notwithstanding the
<br /> continuance in possession of the ZYust Estate or the collectlon, receipt,
<br /> - � and application of rents, issues, or proflts. 'IYustee or Beneflcia�r shall
<br />--:�.��,�-�� be entitled to exercise eveiy right provided for in any of the Loan
<br />--.�:��r Inatruments; or by law upon occurrence of any event of default. including
<br /> `��`"'`"� the right to exerc��e the power of sale.
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