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201703416 17. Events of Default: Any of the following events shall be deemed an event of default under this DOT: (a) Any default of a term or condition within the Promissory Note which this DOT secures; (b) Any default of a term or condition within a separate agreement which provides, as a part of its terms, the creation of the Promissory Note and this DOT; (c) Borrower has, at any time within negotiations leading to the execution of this DOT, given any materially false, misleading, or inaccurate information or statements, which induced the Lender to loan money and enter into this Security Instrument; (d) Borrower shall have failed to perform any covenant required by Borrower to be performed herein or in a separate agreement between Lender and Borrower. Lender may elect to give Borrower written notice of any failure of Borrower to perform covenants hereunder, after which Borrower shall have 30 days after such written notice from Lender to Borrower to perform. However, the Lender is not obliged to give this notice as the Borrower is responsible to perform the covenants, herein, without notice; (e) Borrower shall have failed to pay any money as required in the Promissory Note which is secured by this DOT, on or before 15 days after such payment of money is required; or (f) Borrower shall have sold or encumbered the Property in violation of paragraph "11. Transfer of Property" herein. 18. Acceleration Upon Default & Additional Remedies: . Should an event of default occur, Lender 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, Lender may: (a) Either in person or by agent, with or without bringing any action or proceeding or by a receiver appointed by a court and without regard to the adequacy of trust property, enter upon and take possession of the Property, or any part thereof, in Lender's own name or in the name of Trustee, and do any acts which Lender deems necessary or desirable to preserve the value, marketability or rentability of the Property, or any part thereof, or interest therein; increase the income therefrom or protect the trust property hereof, and with or 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's fees, if permitted, on any indebtedness secured hereby, all in such order as Lender may determine. The entering upon and taking possession of the Property, the collection 5