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<br /> � �o�ovs�a
<br /> � (h) if Grantor shall be ir� default under anp �
<br /> . o�hQr deed of trust, mortgage �z security agreems�t
<br /> conering any part of the Trust Property whether it be �
<br /> superiot or junior in lien to this Deed of Trust; , -
<br /> (i j if the Trr�st Pr�operty becornes sub ject to..any
<br /> mechanic's, mat�rialman's or other lien othe�t-;�� a .._;:;;;�;�.���:���
<br /> Iien for 1vca2 real estate taxes and assessm�ir*t�;:'rio� , � ' �
<br /> then due and payable a�d such lien ahall rema�fct�.��;' ' , �:`_���:.�`:?°:._��`:'�
<br /> �adischar ed of record (b . . . t:'�`;�. �: ..
<br /> 9 Y PaYm�n'�. bonding or :�.;': �:. ��.;•.f,:�->' �-:;•>_::::��• . ..
<br /> :.�,
<br /> otkc�rwise) for a pericd of thir�:�; t30) daya � � � ;. � , �
<br /> .. : ' , �;.: .. . ;:;:.:
<br /> . . (j) if Grantor fafis to. �use pzom��ly any ::�� ' : • • :`;;;..:..=,.:
<br /> ��i�a3aticas�::,af laws or otd�3nance:�;,at`�e�t�t�� or which m�� • -
<br /> �:�._�ate�g��ted ta affect tihe Tru�:� Pro��;y; - .
<br /> ��. � . , ,
<br /> °��:� �kj_ . �if for more than ten (10) da�Jssf: after aotice ..
<br /> �r•oa� ��a�r�Eiciary, Grantor shall continue to be in .. � �
<br /> d�Ea�t°��: uxi8er any other term, aovenant or condition of � �
<br /> ttz�:.�iote; tbis Deed of Trust or the Other Security
<br /> Documents; or
<br /> , (1) if Grantor shal�l be in default under any
<br /> . other deed of trust, mortgage or security agre�nestt � �'`M�
<br /> ; between Grantor �n.d Benefiaiary.
<br /> `:�
<br /> . .. . . . , '..�, .
<br />� • 21. Rem�i�s of Beneficiar . Upon th.� occurrence of � � � ��,
<br /> ' . �ng �vent of De au t�,� ;:.-
<br /> �-
<br /> (a) Grantor will pay, from the date of that Event ���"
<br /> � of Defau��, interest on the unpaid prir��.apal balance of
<br /> the Na�e �.i� tbe rate of 2� per annu� f n �xcess of the =-
<br /> . rate vth���ise accrufng hereunder or under the Note, or -�
<br /> , � a� the maximum interest rate wbich Grantor may by law `
<br />, ' pa�, whic�.ever ia lower, (trie "Oefauit Rate");
<br /> � �
<br /> - �:,,� �b) A�:neficiary may, either in g�r��n or hy agent,
<br /> w�th or without bringing any act.i�� �s� proceedfng or by
<br /> a� �eceiver appointed by a court ar�i �u�:hout regarc� to
<br /> tti�e adequacy of its security, enter ug�n and take ' �
<br /> possession of �he Trust Property, or ar�g� part th�reof,
<br /> in its own name or in the name of Tr�a���, and do any �
<br /> ae�s which it dee�� necessary or d��i���le to preaerve
<br /> tJ�� walue, �aske�ability or rent�.uli+�� oE the Trust '
<br /> ' Pra�rtp cr part thereof or interes�c tlL�sein, increase �
<br /> the incom� therefrom or protect the se�t�rrity thereof, �
<br /> � witn or without taking po$sessioa�.•af tne Trust �
<br /> Y��+�gerty, sue for or otherwise c��].ect the rents,
<br /> ie��u�s ana psofits thereof, including �riose pag� c]ue �
<br /> and unpaia�, and apply the same, �ess cas��s and expenses
<br /> of opesat�•�r�n and collection including ai��:�rn�ys' fee�,.
<br /> , upccc any indebtedness secured hereby, a�Y i� r��r.r�l1 ora��r ,
<br /> -12-
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