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200001985 <br />lutely and unconditionally assigns all such rents, issues and <br />profits to Beneficiary. Beneficiary, however, hereby consents to <br />Trustor's collection and retention of such rents, issues and <br />profits as they accrue and become payable, so long as Trustor is <br />not, at such time, in default with respect to payment of any in- <br />debtedness secured hereby, or in the performance of any agreement <br />hereunder. If any event of default described hereafter in re- <br />spect to this Deed of Trust shall have occurred and be continu- <br />ing, Beneficiary, as a matter of right and without notice to <br />Trustor or anyone claiming under Trustor, and without regard to <br />the value of the trust estate or the interest of the Trustor <br />therein, shall have the right to apply to any court having juris- <br />diction to appoint a receiver of the property. <br />9. Inspections. Beneficiary, or its agents, representa- <br />tives or workmen, are authorized to enter at any reasonable time <br />upon or in any part of the property for the purpose of inspecting <br />the same and for the purpose of performing any of the acts it is <br />authorized to perform under the terms of any loan instruments <br />executed by Trustor. <br />10. Transfer of Property. If all or any part of the prop- <br />erty or any interest of Trustor therein is sold, transferred or <br />further encumbered without the express or written consent of <br />Beneficiary, Beneficiary may, at its sole option, declare all <br />sums secured by this Deed of Trust to be immediately due and pay- <br />able and proceed to the remedies available to it under the de- <br />fault provisions contained herein. <br />11. Events of Default. Any of the following events shall <br />be deemed an event of default hereunder: <br />(a) Trustor shall have failed to make <br />payment or any installment of interest, prin- <br />cipal or principal and interest or any other <br />sums secured hereby when due; <br />(b) There has occurred a breach of or <br />default under any term, covenant, agreement, <br />condition, provision, representation or war- <br />ranty contained in this Deed of Trust, the <br />note or any other loan instrument secured <br />hereby; <br />(c) There has been a default by the <br />Trustor in the payment of any prior or subse- <br />quent lien or encumbrance in respect to all <br />or any part of the property; <br />(d) Trustor shall file a voluntary pe- <br />tition in bankruptcy or shall be adjudicated <br />bankrupt or insolvent, or shall make an as- <br />signment for the benefit of creditors in re- <br />spect to the property; or an action to en- <br />force any lien or encumbrance or judgments <br />against the property is commenced. <br />12. Acceleration Upon Default. In the event of any de- <br />fault, Beneficiary may declare all indebtedness secured hereby to <br />be due and payable, and the same shall thereupon become due and <br />payable without any presentment, demand, protest or notice of any <br />kind. Thereafter, Beneficiary may: <br />(a) either in person or by agent, with <br />or without bringing any action or proceeding, <br />or by receiver appointed by a court and with- <br />out regard to the adequacy of any security, <br />enter upon and take possession of the prop- <br />erty, or any part thereof, in its own name or <br />in the name of the Trustee, and do any acts <br />which it deems necessary and desirable to <br />preserve the value, marketability or rent- <br />3 <br />