_ ...�.. _ -
<br /> -- "�� y
<br /> _ �x q�t.��;��� - . . --� ..�- - - — ,�'4-s?.��` t� �f'� �:W^ _ ,�;.�::�1-is�� -�[A+li�.r -
<br /> Ps�f}.I' -���r"`�'�er�-, ,t,yi�'- '. �µ 1 i f�,. -__ . a�v i�.'rt r�� .,::,Y>�'� .._. . .
<br /> , ...,., . ` . ;}-. i
<br /> , . . �
<br /> �, .. .
<br /> . �'- '� ----- .. - ----------- --
<br /> .. . �--- __ _ ,_ .. ...Y _ - - -
<br /> - - _ - ---- - � - .:
<br /> . _._. . ..
<br /> . .
<br /> .
<br /> __.,.�---. � �....:........�.� . � :.w..�: .__..._.------------. �-.- - _.___...
<br /> ..._..�
<br /> �.�.�[.
<br /> Y .n ___'._.__ .. ."""'""_� .. �=�b
<br /> . _ .—��__....'_"._. ._.. .. ..... . _ . _ �_:
<br /> �i ;
<br /> � . 9�- i����os �
<br /> . � �. . �i.
<br /> .� � ���:
<br /> .,� ,
<br /> �'• Lender. The faregoinc� warranties and representations, and �
<br /> ..� Borrower's obligations pursuant to the foreqoing indemnity, ahall _ �_
<br /> suxvivre repayment of the Note and the reconveyance of this Deed �_.;
<br /> - o£ T�us c. `_
<br /> .-'.
<br /> � �: .
<br /> _:;;;� 9. Assi nment af Rents Mana ement of Pro ert . As �
<br /> �'-' ---- adflitional secur ty hereunder, Borrower ere y asa gns to Lender __
<br /> �.�. the renta, issues and profits of the Property, provided that __
<br /> _'�'�'+'"'""'�� Borrower shall, prior to aaceleration under paraqraph i l hereof -
<br /> ' or abandonment of the Pxoperty, have the right �o collect and _
<br /> � retain such rente, fssues and profits as they become due and pay-
<br /> � �_ able. Upon acceleratfon or abandonment of the Property, Lender
<br /> � may, either in person or by ag�nt, with or without bringing any
<br /> �+� _' action or proceedinq, or by a seceiver appointed by a court and
<br />_"�'� without regard to the adequacy of its security, enter upon and
<br /> - � take possession of the P�operty, or any part thereof, in fts own
<br />� name ar in the name of the Trustee, and c10 any acts which it "
<br /> �=::��K��'.:; deems necessary or desirable to presexwe the value, marketability
<br /> or rentability of the Property, or any part thereof ar interest
<br /> - - -- therein, increase the income therefrom or protect the security
<br />�'�;:"' ; � hereof and, with or without taking possessian of the Property,
<br />���»���- sue for or otherwise cQlleat the ren�s, issues and profits
<br />.:t,:...
<br />`'��*�� thereof, including those .,past due and unpaid, and apply the same,
<br />_,.,;,.,, ;r
<br /> '='��'�a�-� leas casts and expenses of opearation and colleation, including •
<br /> -�`i`�= attorneys' fees, upon any indebtedness secured���ereby, all in .
<br />`��+�.�.r6 such order as Lender may determine. The enterin+g upon and taki�g
<br /> . �*:t�
<br />-:K:Y., possession of the Property, the collectioa of such rents, issues
<br /> - attd profits and the agplicfazio�n zh�rcos' as aioreaeid, shal3 avc �
<br /> Y'�,''��:�,�,� cure or waive any default or aotice of default hereunder or �'
<br /> ��s;�� .invalidate any act done in respqnse to such default or pursuan�. .
<br /> -y.��..=� �o such notice of default and, notwithstanding the continuance in
<br /> =-- posses�io�s of the Pxopexty�oz the collection, r�ceipt and applica- •
<br />___ _-_- tion of• rents, i$sues t�r: p�ofits, aad Tr�tstee and L�nder shall be . . . �
<br /> -_�"'= entitled to exQxc3,�e evezy right provid�d for in any of the Loan �
<br /> �'���'�'�"'• Instruments or lby 1aw upon occurrence of any E+vent of Defaultk`�� .
<br /> -- . including, without li,mitation, the right to ex8;aise the power �q�E .
<br /> -- ____-. _ sale. Further, Lender's�r3.ghts and remedi�s under th3s paragraph
<br /> �. . 9 shall be cuiaulatine w3th, and in no way a 13mitat�.on�• on,
<br /> � � Lender•s rights and rem�dies under any Assiqnment of Le�ses and
<br /> '� ' Rents �cecorded agsinst fihe Property. Lender, Trustee and th�:,
<br /> receiver shall be liable to account on2y for those rents actua]:Iy
<br /> - --- received.
<br /> - — . 10. �vents of� Default. The following shall constitute �
<br /> --=�__.:�� � an Event of Defaul under th s Dsed of Trust: .
<br /> f ��__ (a) Failu;e to pay any installment of
<br /> � principal or interest or any other sum secured hereby
<br /> ' when due, or failure to pay when due any other indebted- ,
<br /> -- - � ness of Borrower to Lender=� „
<br /> --_--_:s tb) A breach of or default under any provi- '
<br /> __- _- - - sion contained in the Note, this Deed of Trust, any of � � '.
<br /> _.:::M-�"`""''°" the Loan Instxuments, or any other encumbrance upon the
<br /> x.�=.�
<br /> ���;°K,�;� Property, after givinq effect to any app�.�scable cure
<br />_-��'��� period contained therein=
<br /> i.9`�•��n l
<br /> � •� ic) A writ of execution or attachment or any
<br /> _-- � similar process shall be entered against Horrower which
<br /> -- - " shall become a lien on the Property or any portion
<br />'`'t � '�� �� � thereof or interest thereint
<br /> �:_dyi.:w
<br />_�r���,,��; (d) There shall be filed by or against .
<br /> .. ,�.��•--• t, Borrower an action under any preaent or future federal,
<br /> , state or other statute, law or requlation relatinq to
<br />,. � bankrup�cy, fasolvency or other relief for debtorss or
<br /> - �. : there shall be appointed any trustee, receiver or
<br /> ' � liquidator of Borrower or of all or any part of the
<br /> Property, or th� ren�s, issues or profits thereof, or
<br /> � , Borrower shall make any general assiqsuaent for the
<br /> � benefit of creditors=
<br /> -4-
<br />
|