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<br /> c��.� /a 9 /45
<br /> Tnistor the dght,pdor to any defsult by Tcustor in payment of any indebtedness secured heeel�y or in �-
<br /> p e r F o r m a n c e o f a n y a g r e e m e n t h e r e u n d�r,t o c o llect and rotain such ronta�incoma�tssues and profits
<br /> as they become due and payable. Upon any such default,Beneficiary may,at any tlme�w i t hou t no t ice.
<br /> c i t h e r i n p e rson. b y a gent,or by a receiver to be appointed by a court, and wlthout regard to the
<br /> adequacy of any sr,cudry for the indebtedness hcreby abcuc+ed,the so lvency o f Trus t or,o r t h e p r e s e n c e
<br /> of waste or danger of loss or desuucflon of the Trust Property.enter upon and take possession of the
<br />• Trnst Property,or any part thereof,and any Personal property in which Heneflclary has a securlty
<br /> intenst as addidona�security forthe indebtedness secuxed'by this Decd of Trusc,end may,In its own
<br /> nazne,sue for or otherwise collcet such nnts,income�issues and profits�including those past due and
<br /> unpaid,and apply the same,less costs and expenses of op�ratlon and colloction,including reasonable
<br /> attomeys fees,upon any indebtcdness secuml hereby,and in such order as BeneSclary may deteccnina.
<br /> � In the execcise of any of the foregoing rights and powers,Beneficiary shall not be liable to Tn�stor for
<br /> any loss or damage thereby sustained unless due solely to the willful misconduct of Benaficiary. 'fhe
<br /> entedng upon and talcin8 Possesston of the Trust Prop�ity.the collecdon of such nnts.income,issues
<br /> ' and prof�ts and the application thereof as afonsaid,shall not cure or waive any default or notice of
<br /> � default hereunder or invalidate any act done puusuant to such�;tice. i f��g i��roi i$i�s
<br /> � this paragraph are inconsiatent wlth the terms of a separete 8nme
<br /> ;f any,the terms of the Assignment of 1.essor's Interest in L�eases shall control.
<br /> � S Bmeticiary's Right to Cun�1 De!'end- Should Trustor fail to make any payment
<br /> � or W do any act as provided in this Doed of Tcust,in the Note or in any oiher insiru,ue��t se..�urin8 tha
<br /> � I�ote,Beneficiary or Trustee�but wlthout obligation so to do and without notice to or demancl upon
<br /> ' Trustor and without nleasing Truswr from any obligatlon hereof,may make or do the same ia such
<br /> .j manner and to such extent as eIther may deem necesssry to protect for su h uhe�f,$�d���
<br /> ' authorius Beneficiary or Trustee to enter upon the Trust Pcoperty P �
<br /> � and/or Trustee may,at any time prior to full paymrnn� af������ty be�f or�the rights ar
<br /> appear in amd defend any actton or procxdin8 P� g
<br /> powers of Baneficiary or Trustea; pay.purchase.contest or compromise any encumbranx,charge or
<br /> lien which,in the judgmcnt oi eiinCr,a�,�to�"�dcr Qr s"-�`�"r to the liens,rit�hts aad securih'
<br /> interests created in tius Doed of Trust;and in�xercising any power confarnd by this Doed of Tcust,
<br /> pay noce.�.sary expenses,employ counsel and pay reasunabie fees therefor(including fas on appeal).
<br /> Trustor agrxs to npay immediately and without demand all sums so expended by Beneficiary or
<br /> Trustee with interest from date of expenditun at the Default Rate as hetein provided.
<br /> 6. Ikiault;Accekratbn;De�tault Rs�te.Time is material and of the essena heceof with
<br /> respoct to the payment of any sums of any nature by and the performar�ce of aU duties or obligatlons
<br /> - of Trustor. Each of the following shall be an Bvent of Default under this Doed of Tcust: (a)failure
<br /> ' of Trustor to mal�e any payment of princlpal andlor interest or any other payment required by the
<br /> provtsioas of the Note,this Dxd of Tmst,or any other instrument securing the Note on the date such
<br /> payment or payments are due;(b)failun to perform�ny other provision of the Not�,ihls Dad of
<br /> Tcust,or any other instcument s�curing the Note;(c)a procading under any banlauptcy+receivership
<br /> or insolvency law is insdtuted by or against Tcustor;(d)the making of an assignment for the benefit
<br /> Deed d'huc�Assiintnmt ot Renn,5ecudtY APe�nent�nd Fixtme Filiei(N8-9A7)
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