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<br /> , . - � LenBer. The goregming w�r�ant�es end repre e�t���oaa, $na . _
<br /> .-�=�F-.`,�-�'�,`��•. Hoxs�oa,t�a's vb2lgat.f.ons pt:reuant to �he foregoiaq indemaity: ehall . - .
<br />:�`,.�:. • <<�.�, ; , survive repayment of the No�e and �hhe rec�aneyance of tdii.e Deed
<br />- , . - of Trus't. • , .
<br /> � ,� Aesi nt of Rents Maua ement of Pro . i�►s .`
<br /> 9. e , _ . �, _ .
<br /> , . '`.` additiona� secur ty ereua �s� Ho�trawer er y ase c�ns to Lendez r:.��+� �
<br /> :.�`�`�`�• the rente, iesaes and p�cafits og �he Pragertyo P.rovf.ded tha� . `. ..
<br /> ° Borra�er ahall, prio� to acc�leration uader paragzaph 11 I�ereof
<br /> °t c o� �artdonment. of the Property. have �hhe right to collec� and - -
<br /> - ��-�_.-� -� - retain sucb reats, issues aad profits as they b+�come dae and pay- .
<br /> - abZe. Upoa acceleratioa or abandonment of the Prop�Y. Lender � ����:,4
<br /> - .F;:,r; , map. either fa person or by agent, with or �a3thout bringi:►q any ' ":„s�,`
<br /> `` ` action or prcceedinq, o� by a receiver appo�.n�ed• b� a conrt aud
<br /> �� ~' � ��ithout reqasccl ta tYie adequacy of its eecurity, en�er upon and , '
<br /> � take poesession of the Proper�y, or an� Part thereo€, in ite owa �: ,.,-;--.:,.
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<br /> � � � name or in �he name of the Trastee, and do anp acte xahich it �+��,:�
<br /> dee�s necessary as desirable� to•preserv� � �=@Qf�kint�erie$ty ��-
<br />_.��� .: ,- .. ����,, or rentabilitp of ttae Property, or any p . .:` -�.
<br /> ,�.,, .��� `` � ia�crea�e the income, fiherefrom osc protec� the securi�y� `� � =-�--
<br /> ` :'•f: therein, h - .
<br /> hereof and, �ith or withont taAcing pegaessfon of the Property, _
<br /> � - sne for or athexwise colleat the rents, iesnes �nd profits .
<br /> � thereof, including those pas� due and unpaid, aud apply the same,
<br /> . - � col�ection 3.ncladin3 � . .
<br /> less aosts and expenaes of operatioa and . F .'
<br /> � att�arneys' fees. uppn any indebtedness secuxed hereby. all -ia�.
<br /> � a ' ` �� � such order as _Lender map determine. The entering upon and �akin9 _
<br />- ' �-u"; passesaion af the Progerty, �he callection,of such rente, issuea � ,'-
<br /> �----�- � and p�afits aad the apglica�c3.on t�ereof as aforasaid. ehall not � y -� ..
<br /> � cure or �vaive any def�ault or aot3ce of .default hereutnder or �
<br /> . . '` .,�.. ' inva].idate anp act don�e in response to anch default or puranant �n �:_ :N
<br />�. ,' '� •,.: ,. �• :�,,, to anch notf.ce of default aad, Aot�ithstanding the coatinuanae.in� �,,.--°- _ --
<br />-��•: . ` .•:. f possession of the Property or th� collectioa, receipt and applica- � �`°-'--
<br /> .�_-�_�-.,.-
<br />"-�'<•� � " "`f r��� tion of rents, issues o� profits, and 3's�atee and Lender esball be .. r.;_
<br /> ;.:,�,;,,_,
<br /> � � entitled to exercise enery right pravi.ded for in any og �he Laan .���-_~�
<br /> '•��.� ` � � Instrumen�s or by law upon occurrence of any 8vent of riefau lt, . ., :
<br /> ��'�=�� - incluciing,, yithout 13m3.tat�on, the right. �o +�xes�iae the power of � �,•-:�•,
<br />�,:�, :.:��� � sale. Further, Lenc7er•s ric�hts and remes�U'.es under this par&qraph . -`;;,�;;;
<br /> ;.. ��°
<br /> � � .Y��,�':� 9 shall be cumulative wfth, and 3n n� way a lim3.tat�c� on. ��:�-
<br /> � Lender's rights aad remedies nnder `any 14ssi9nm�nt of Leases ancl ��_�'.-�.°�
<br /> � � Rents recorded against the Progerty: Lender, �sastee and tlae � �
<br /> � �� � receiver shall be liabl� to acccr.asit oaly for those rents actu�lly . �����
<br /> . . . .. �:�..
<br /> _ . ;,,� ' � received. _----
<br /> �" � 10. Ev�ents of Default. Ttte �followiag .shall canstitnte� �-- =
<br /> , �-� ...,_
<br /> ��� � �� an Event ofc Defaailt undez t a Daed of Trnsts . �`'-�=
<br /> .�:; ,. �..��. � �_ '-
<br /> L � �� � � � �a) Failure �o pay any inetallment vf �° '
<br /> . „��, � � �._.
<br /> � � pr.��.�cipal or in�erest or any other sum secured hereby � ._ i .
<br /> �: � � v�hen due, or failure ta pay when 8ue any ot�er indebted- ""
<br /> :;. . . , �:':.,;=:
<br /> � �• � •� _° •: ness of B�rrower to Lenderf . `-�=�
<br />"�'. � • � tb) A breach of or defauat und�r any provi- .. __
<br /> • ' eion contaia�ed ia h.d�e Note, this 82�e� of Tsust, any of :-�
<br /> ��'�,;�• • . - . �he Loau Instrumer��s, or any ather encumbranae upon the .. :
<br /> Property, aftier giving effect tio any applicable aure � �;;,.-.
<br /> , � � peric8 ca�a�ained fihere3at . � �-:,`'3
<br /> � � � ic) A v�rit of exectttlon or attachinent or any � '
<br /> x-` � similar precess ehall be enterea agains� Horrome� which .
<br /> '� � � � shall become a lien on the Property or any ,por�ion
<br /> _' �.� � ...: ,` thezeof or intesest therein� �.`,.
<br /> � � �.� � �dl There shall be filed by or against -
<br /> � � � Borrower an aetion unrler any presenti or fu�ure federal,
<br /> � . state or other statute, law or regul�tion rel�ting tio ,.
<br /> � � bankruptcy, insalvency or other relief for debtornf or
<br /> �� �- . these shall be appointe8 anp truatee, reaefver or
<br /> � � � 3i liguidator of Borrower or of al.1 or any nart o€ the �
<br /> " ; ••°.�Y - Property, or the rents, issues or proEite theren£, or
<br /> "" - � -� Borrower shall make any general assignment� for the .
<br /> .,. ,. .
<br /> �i benefit of creaitorsi .
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