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Beneficiary, as a matter of right and without notice to Trustor or any <br />and without regard to the value of the trust estate or the interest of th <br />the right to apply to any court having jurisdiction to appoint a receiv <br />9. Inspections. Beneficiary, or its agents, representative <br />authorized to enter at any reasonable time upon or in any part of the <br />inspecting the same and for the purpose of performing any of the act <br />under the terms of any loan instruments executed by Trustor. <br />10. Transfer of Property. If all or any part of the Property <br />therein is sold, transferred or further encumbered without the express <br />Beneficiary, Beneficiary may, at its sole option, declare all sums sec <br />be immediately due and payable and proceed to the remedies availab <br />provisions contained herein. <br />11. Events of Default. Any of the following events shall <br />default hereunder: <br />(a) Trustor shall have failed to make payment or <br />principal or principal and interest or any other sums secured h <br />(b) There has occurred a breach of or default unde <br />agreement, condition, provision, representation or warranty c <br />Trust, the note or any other loan instrument secured hereby; <br />(c) There has been a default by the Trustor in the <br />subsequent lien or encumbrance in respect to all or any part o <br />(d) Trustor shall file a voluntary petition in bankru <br />bankrupt or insolvent, or shall make an assignment for the be <br />to the Property; or an action to enforce any lien or encumbran <br />Property is commenced. <br />12. Acceleration Upon Default. In the event of any default, Ben <br />indebtedness secured hereby to be due and payable, and the same sha <br />and payable without any presentment, demand, protest or notice of an <br />Beneficiary may: <br />(a) Either in person or by agent, with or without br <br />proceeding, or by receiver appointed by a court and without r <br />adequacy of any security, enter upon and take possession of t <br />part thereof, in its own name or in the name of the Trustee, an <br />it deems necessary and desirable to preserve the value, market <br />of the Property, or part thereof or interest therein, increase the <br />or protect the security hereof, and, without taking possession <br />for or otherwise collect the rents, issues and profits thereof, in <br />due and unpaid, and apply the same, less costs and expenses o <br />collection, including attorney fees, upon any indebtedness sec <br />such order as Beneficiary may determine. The entering upon <br />possession of the trust estate, the collection of such rents, issu <br />application thereof as aforesaid shall not cure or waive any de <br />default hereunder or invalidate any act and in response to such <br />to such notice of default and, notwithstanding the continuance <br />Property or the collection, receipt and application of rents, iss <br />tee or Beneficiary may be entitled to exercise every right prov <br />the loan instruments or by law upon occurrence of any event o <br />the right to exercise the power of sale; <br />(b) Commence on action to foreclose this Deed of <br />appoint a receiver, or specifically enforce any of the covenant <br />3 <br />ne claiming under Trustor, <br />Trustor therein, shall have <br />of the Property. <br />or workmen, are <br />roperty for the purpose of <br />it is authorized to perform <br />or any interest of Trustor <br />or written consent of <br />red by this Deed of Trust to <br />to it under the default <br />e deemed an event of <br />C C 0 6 4 6 3 <br />y installment of interest, <br />reby when due; <br />any term, covenant, <br />ntained in this Deed of <br />ayment of any prior or <br />the Property; <br />tcy or shall be adjudicated <br />efit of creditors in respect <br />e or judgments against the <br />ficiary may declare all <br />1 thereupon become due <br />kind. Thereafter, <br />nging any action or <br />and to the <br />Property, or any <br />do any acts which <br />bility or rentability <br />income therefrom <br />f the Property, sue <br />luding those past <br />operation and <br />red hereby, all in <br />d taking <br />s and profits and <br />ault or notice of <br />default or pursuant <br />in possession of the <br />es or profits, Trus- <br />ded for in any of <br />default, including <br />rust as a mortgage, <br />hereof; <br />