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.200100106 11. Events of Default. Any of the following events shall be deemed an event of default hereunder: (a) Trustor shall have failed to make payment of any installment of interest, principal or any other sums secured hereby, s which default Trustor shall not have cured within fifteen (15) days after Trustor receiving notice of such default; (b) There has occurred a breach of or default under any term, covenant, agreement, condition, provision, representation or war- ranty contained in this Deed of Trust, the note or any other loan instrument secured hereby and Trustor shall not, within thirty (30) days after receiving notice of such default, have commenced and be diligently proceeding to cure such default; (c) There has been a default by the Trustor in the payment of any prior or subsequent lien or encumbrance in respect to all or any part of the property; (d) Trustor shall file a voluntary pe- tition in bankruptcy or shall be adjudicated bankrupt or insolvent, or shall make an as- signment for the benefit of creditors in respect to the property; or an action to en- force any lien or encumbrance or judgments against the property is commenced. 12. Acceleration Upon Default. In the event of any de- fault, Beneficiary may declare all indebtedness secured hereby to be due and payable, and the same shall thereupon become due and payable without any presentment, demand, protest or notice of any kind. Thereafter, Beneficiary may: (a) either in person or by agent, with or without bringing any action or proceeding, or by receiver appointed by a court and without regard to the adequacy of any security, enter upon and take possession of the property, or any part thereof, in its own name or in the name of the Trustee, and do any acts which it deems necessary and desirable to preserve the value, marketability or rentability of the property, or part thereof or interest therein, increase the income therefrom or protect the security hereof, and, without taking possession of the property, sue for or otherwise collect the rents, issues and profits thereof, including those past due and unpaid, and apply the same, less costs and expenses of operation and collection, including attorney fees, upon any in- debtedness secured hereby, all in such order as Beneficiary may determine. The entering upon and taking possession of the trust es- tate, the collection of such rents, issues and profits and application thereof as aforesaid shall not cure or waive any default or notice of default hereunder or