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<br /> �•• ` - Lender. The foreqoing a�arran�ie� �tnd representatians p sucl .. , `
<br /> . � �� - Sorromes's ebligaticna pnreaant to the for�goinq isademnity. shall �
<br /> �.� `�> � su�vive repsymeat of 4he Note aucl the reconveyance o£ thia Deed
<br /> 4: of Trnst. . �
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<br /> �� � � '� 9. �ei tmaent of R�n�s Mana e�,ent of Pso rt . Aa . �
<br /> �� . ` adaitional secur y ereun er, Horrower e�ce y aes gna to ender � -
<br /> - '-�"�="� the rente. isaues ancl profits of �he Property, provided that „
<br /> .,' ,;_,..,.,. _.._
<br /> - -- - - - sorrower sha21, pr ior ta acce lesa t ion u n de r p a r a g r a p h 1 2 h e�e o f _
<br /> � or abandanment of the Property, have the siqht to colleat and •• _
<br /> : , setain such rents, issuea and profits as they become due and pay-
<br />. �• . �.�-?��'�.;_ �.ble. Opon acceleration or abancdonment of �he Property. bender
<br /> . . f taay, either i.tt person• or bp agent, ovith or wi�hout bringinq anp „ "•:
<br /> - ac�ion or praceeding, or by a receiver appointe�- by a cour� and Y�.:b:
<br /> wi4hont.regard to the ade�aaay of ita security, ea�teY npon and „
<br /> � ' ' • take po$session of fihe Propertp. nr any part th�reof, iA its own ���`,�.�
<br /> � � � name or in the nazae of the Trustee, and do any acts which it r .
<br /> � " ' deems necessary or deairable to-preserve the value, marketability �
<br /> � � �,ti:.j or rentability of tbe Property, or any part thereof or interest •
<br /> ` � �. therein, increase the income therefrom or protec� the secnrity _
<br /> - -� � hereof and, with or without taking possession of the Property. -- -��
<br /> � � sue for or otherwise collect the rerita, issues and profits ��� ;�`
<br /> ; - " thereof, inclnding those past due aad nnpaid, and apply �he same, : �`
<br /> � � less costs and expenses of operation and colleetion, incluclinq ''�`�.
<br /> r`,� ,
<br /> attorneys• gees, upon anp indebtedness secured hereby, all in _.�;
<br /> ,y - _•�- such order as Lender may determine. The enterinq npon and taking �•-
<br /> ..� � :. ' -.-�� possession of the Property, the collection of such rents�, issues ;' �•
<br /> 1� , .=:���--'.�=.,°,` and profite and the application �hereaf as aforesaid, sY�all not "�: _�
<br /> - cure or �aive any defau�� or notice of default herennder or ��;;;
<br /> � � � ��`��� innalidate anp act done 3.rs response to sucb default or pursuant �
<br /> � �`r to such natice of defaul� �d, notwi4hstanclinq the cantinuance in �`
<br /> � .. ��;.
<br /> ::�� �� ��, possession of the Property or the aollection, receipt anci applfaa- �•�
<br /> � � � '1t�� tioua of rents, issvn�s o� profits, and Trtistee anc] Lender shall be �-
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<br /> - :, en t it le d to exerc ise ev e r y r i g L t p r o v i d e d f o r i n a a y o f� t h e b o a n ��
<br /> __ � Instrumea�� or by law upon occurrence of any Bvant of Default, �'
<br /> - � -~ �� fncluding, �v�ithout limitataon, the right to exesaise the �wer of �-.
<br /> r�.' ` ��•`��� ���' sale. Furthes, �.ender's rights attd remedies nndex tbis paraqrapb �-�=:°�=
<br /> • 9 shall be cumu�.atine vrith, ana in no way a limitatiosn on, � =-
<br /> -- = Lenvterte sigh�s and r�aae3i�s under an}• Assfg�nt of LreaaeA anc7 � .-
<br /> ,. Rents recorded against the Property. Lender, Truetee �ud the . E -==_"
<br /> � . � recefver shall be liable t� account only for those sents ac�aall� �---'
<br /> � .�.
<br /> ; , ,> ,' � receined. � �
<br /> � . �`�:(�'�� :' 10. Ev�u:�s of Default. The following shall constitute =_
<br />- � - a:a L-'vent of Defau t under e Deed of Trusts --
<br />_ '(`';_` i�-.;�:
<br /> . , �,-.,,__
<br /> -. ; � :� ��.:. = (a) FatYixr� to pay any inetallment o� � --
<br />,:� .� , :;;: . principal or interes� or any other aum secured hereby �-=�-�-
<br /> �= .: - �._ ..
<br /> . . . a�hen due, or failure to pay •�rr�en 8ue any othes indebted-
<br /> - . � . ness of eorrower to I�ender f °=__
<br /> - . .. . �::-��:,
<br /> � � �. �b� A lbrc:r�aab of or default nader aa�y ps�sr�- �.::"
<br /> - '� • . ' � ai.on contain� in t�e Nute, ithis Deed of TrQa�, any of ��' ��
<br />- '. ' . the I.oan In�$suments. or aay other encumbranc� upon the ��-
<br />°= . ��� � • Property, after givinq effect to any applf�able cure `
<br /> - . peried contained therein� , � �.��'
<br /> . �E
<br /> � • . � �c� A writ of executlon or attachmant os any '
<br /> � � . similax proceae ehall be ent�re8 againet Horsawer which .
<br /> ' � � ehall become a lien on the Propertp or any port3on .�
<br /> _: . ', thereof or intereat therein� �
<br /> -_ � ' � 1Ry There ehall be filed by or �qainst , �:
<br /> � • aorrov�er an action under any present ox futnre fe8eral, .
<br /> • � � � state ar other statute, larov or reqniation relating to
<br /> _�� . : .' . bankruptcy, insolvency or other relief gor �ebtore� or
<br /> . � there shall be appointed any trastee, rece�ver or _
<br /> � liquicla�or of Borroaver or of all or any part of the
<br /> � � � � ' � � Property, or the rents, iesues o� profits thereo£, or :
<br /> -� - - Horrower shaLl make any gener�l seaignment for �he
<br /> • benefit of cre8ltors�
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