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<br /> (b) Th�r� haa oacurr�d a braaah of o� dafault under
<br /> any term, covenant, agreement, aondition, provision,
<br /> raprasantation or warranty aontained in this Deed o!
<br /> Trust, �h� nota or any othsr loen inatrument seaured
<br /> herebyj `�
<br /> (a) There has biesn a dslnult by the Trustor iz� tha
<br /> pay�ant o! ariy prior or �ubsaqu�nt lian or ancumbranae in
<br /> respect to all or a�ny part o! ths property;
<br /> (d) Truator sh�l1 liYs a �rex�untary petttion in
<br /> bankruptcy or shall be adjudiaated� harnkrnept cr ineolvent�
<br /> or shall �e an nesigru�ant for tD�e h�nefft af creditora
<br /> fm respe�t to the prapartyt or an a�tio� t� enforce any
<br /> Lien or encumbrar�ce or judgsants agafxast tkee pr��aeaty is
<br /> aomaenced.
<br /> il. ����*�'*'""�'j on ttnon netault. In the event of ang� defaul�,
<br /> Beneficimry nay daclare all indsbtednese aeaured hereby t� be due
<br /> and paya�ble, and the sa�e shall thereupon beaome due and payable
<br /> without any prasantnent, de�and, pratast or notias of any kind.
<br /> Thereafter, eenefics�a::y w�=: -
<br /> (�) either in persm�e �r by ayent, with or without
<br /> bringing any action or proc�ec�i�eg, r�r by reaeiver
<br /> appointed by a court and without �egard to the adequa�y
<br /> of a►ny security, enter upon and take pos�e�sion z�� �he
<br /> re or any pnrt thereol, in her owr� tt���ne or in the
<br /> P 1�'tYo �_ � p ,,,n she slp_�
<br /> T18�1@ OZ �.11� T=11BP.@e� IIIIQ GlV aiiii a �.S YJuo�i�
<br /> neasssary and dimeir3ble to preserva the walue,
<br /> �nrketability o�e nBn�ability a� ��s� proPe�Y. ��' pa�
<br /> � thac�reo! or intere�st ttxerein, inar�a��sa the incom� ha�efron
<br /> or pru�aa� :hs �aa^.:it;; hereeF aa�c?? �rithout takin4
<br /> posseesir�� o! the properk,g�, sue �a� or otherwiae coll�ct
<br /> . the rents, issuea and grofits ttn�rreof, inaluding those
<br /> . ` past due and ua►paid, and apply ttn� same, lesa coate ancl .
<br /> �xpRns4s of opera�ion nnd collaction, includinq attornay
<br /> � teas, up�r� any indabtednass securad herebY, all in such
<br /> order es Ljan�aliciary aay dataraina. T�c� antaring upon
<br /> and taking posseesion o! ths trust estnte, �ha co��.eation
<br /> o! Quah ratita, isauea end profi.ts a�d application �'�fiereot
<br /> as atoresaid ahall not aure or waive any default or
<br /> noticu o! delault horsundex or �nvalidate any ac� and in
<br /> rasponss to �uah detnul�. o� pur�uant to auch r►otiaa ot
<br /> delault . �nd, notwith$�a�a2iing tha aontinu�nce in
<br />- p�ssass�.on ot the property or ttn� tsolleation, racsipt and
<br /> ��CrplAaAt�.on of renta, is�uea c►r profite�, Trust�a or
<br /> � Benetic�.ary aay be entitled te exereie�a avery right
<br /> " provida��l �or in any o! the loan instruments or by law
<br /> upon oa��uxranos o! any evant of dsfault� inaluding the
<br /> �right to exeraise the power of sale;
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