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<br /> ��..�L^r' this Deed,of �avst �o be immediately due aud payabl��nd proceed �o
<br /> l . _,� �,,-��, �h� r�Q��s $a��ble to them under the default pranisions ,
<br /> �, � coa�afned thereia. ��-
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<br /> �;:.}�,t_:. �:;:;;�a: lp� Ft1E>n�a ef DefauLt. Any of the following events shall be
<br /> deemed aai event of default hereunder: -
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<br /> .•.:�rr._._„'r`:af� e
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<br /> ;. �:; ,.� : .� ta) Trustor shall have fafled to make payment a� ___
<br /> �".-` �- -;�;�� an� insta].lment og interest, prinaipal ar priac3pal aa+�
<br /> �'' •� `' '� ; iuterest or aay other sums secured hereb� whea duet
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<br /> .. .:%:f-..�-�-¢ �b) There has acanrred a breach of or default under
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<br /> �.any term, covenaat; agreement. condition, pravf.sion,
<br /> ��� 't`' �'"~�`�'�4 �� represeatatioA or warranty aontained in . tbis Deed of •
<br /> • :z, ',. .r. � -
<br /> . ,��� _=h`: Trust, the note or aay other loan iastrumen� �secured .
<br /> -_ .r:;�`-:.:�;�� . heseby: . , _: . -. , � .
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<br /> ' � � � (�) There has b�n a�default by the Trustor in tTne -
<br /> . �`� r. } � payat�nt of any priar ar subsequeat 13en or enc�brance fn ..
<br /> �� ' . �,��, .
<br /> °;�::i�_.;�.�::� of the praperty: . ._ --
<br /> ..#�. sespect to all or aYty �rt , , . .
<br /> ,fr����-'�;�'�. (d) Trustor sl�all ftle a voluntary petitioa in . � �
<br /> �.:. 'r�i.v . .
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<br /> banl�ruptcy os�shall .�e adjudi�ated bankruFat or insolaent, or
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<br /> ` ���f�tr;•''+ � �. .. shall.;make an assign�nt' for the benefit� of creqti�ors in
<br /> ' �� F� '•'� respe+�� to the psopex�,"v; or an actioa:to enforce an�f .�ien or �
<br /> � s t���� .. . � � . .,......�a.,���...a �,► �•��tmnes��s aaainst t�ie'�opert�. is co��ed. �
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<br /> •-'' ;� ' il. 8�,�,A�pra�ioa �e� �e�.r:;�In th�,event 4�$ any de�aul.t�r,`�. , ,
<br /> ? � Heneficiary may. declare �:LZ. ��kude]atedn.ess s�red ��reby ta be du� '
<br /> ,.. ..`„��. ��,+:� and a able, and the same �s�2e11 thereupo� �come due and payable . . __
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<br /> �"����°� - withaut ,anp� presen����; c��nd. pratc�t �r aQtice c�€_an��.. kind.._, :< < , __-
<br /> .. ..:. .,� � Thereagter, Beneficiary�may: . . '' -
<br /> � ; ,�� �a) either in ��rson or by agent, wfth �or without , � , , :_
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<br /> _ ,... .� biinqing any action or p�coceeding� or by receiver
<br /> -• � �� � ;-s appointed by .,� cnurt and witchout regard to the ade�aay ....,,:,, �
<br /> '' � ���� �} � ;. of aay secux���� enter upcn'��d take possession of the , �.;
<br /> �a .��`. r � property, or ahy part �therea��y fa their own name or in .
<br /> _`���� the �aame of the Trustee, aad� do an� acts w�ich they deem. : ..
<br /> ��-':, � necessary and desirable � to � preser�e 'the saZu2,
<br /> �• .:j marketab311ty or re�ntability of the�. propert,�, or par�
<br /> �- ,.�,_..;.���• ;.'� thereof or ira�terest thereim; inc�ease the incc�e herefram .
<br /> . . . � or protect �he security hereaf and, �wit&tiut .taking � '
<br /> � � . � possession of the prnperty, sue for or t�therw�se collect . _
<br /> � ` �. .� the rents, issues and proffts thereo�, including t2:ose .
<br /> '. '� �� �` ;:; past due and unpaici, and �apply the same, less costs and -
<br /> '� - �;.:�lz�,��' '' � � expenses of operat3on and co1le��ion, including attotney �� ' _
<br /> � �'��'�°'"n .� fees, upon aay indeb�edness secu�ed t�teby, all in s�ur.h "� ' � ,
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<br /> � ' `� ordeu as Benefieiary may dete�mfne. The entering upon . , . --
<br /> � � �;:� � ' •; and �aking possession of the trus� estate,. the collec�i:on . _
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