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<br /> ' . ' � ' . : ` . - ` . S - � . � - � ` ' .•
<br /> � . ` � not, et tsuch' time, fxe default �rith respect to, pa�naent of any � °� � �
<br /> �-* ` i�aeb�ea�ess seeuzed hereby, or in�the performa�tae af� arty agre�-- � - ` - - : �- `, ,. -
<br /> ,��.� . : �- - < .��aent� herei4ndet.�.` =f anp event o�.de£anit d�s�ribed ,i�eaeafter � - - -- ---
<br /> _ ' �.n�rt�pea� to ttzis Deed Qf Trnst sha21 have ec�urred arid be con- , : � `�
<br /> ' �'; '. ' , , tintiimg, Henefic�:ary, as a matter of r��ght. and r�tithout notice to � :
<br /> � Truutcr or an�aue clai.�aiing�'under. Trustor� and wi#.hQut �egard� ta � �
<br /> _;=: } � . . , . � f:=._
<br /> _- # the �valtie of the taus.t •estate, cir the interest o� the Trustor. � ' , �. _ °��:
<br /> � thc�areia,� �ha�2 h�ve'the right to apply *o any cotsrt having jnris- , -
<br /> - "�-;: .. . -=��.�at�,#��p�f�t� -s re��€g�� a€ tI�� Prvp�rtg.= -- _..— . :���_� ��Y.-�: ,.:
<br /> - ;. ,; .�. . , . . � ,
<br /> , . 1Q. Iaspections. Beneficiary, or its agents, represenfia- . . " `; ,
<br /> �' ' ' � tives c�r c�Ykmenf a�e authorixed :to enter at a�� reasonable tat� �- - �
<br /> .�� . .
<br /> �� , upua cr irt �ny part o£ the proper�y for the purpase of inspectinq . �
<br /> -� �� fhe same and for the purpase of perfosmiag ang af the acts it is �
<br /> �..i aut�a�i.ze+d ta perf�orm under the .terms of any �.oan iastrumen�� ,
<br /> ;- ---- � `
<br /> . ` eas�tted b� T�rust��e. � -. - - _ - -. --
<br /> ;.
<br /> ; , :
<br /> � -�'• ' 11. Transfer of Pro�. If all or .any part af the � � �
<br /> , ; propesty or any nterest of Txt�stor therein is so1d� transferred • � , � � �
<br /> - � ; - , or further �encumberea without the expreas or written aonsem of � ,
<br /> � - . . Beneficiary, �eneficfary may, at its sole option, declare all � .
<br /> . smns secured bp this Deed of Tra�t to be inaaediately due astd pay= � . .
<br /> • able and proCeed . to the remedfes available to it under the , �
<br /> , . default provisfons contained herein. . • � . �
<br /> , 12. Evesits of Default. Any of the following events shall
<br /> , � � be d�emed an�event� o . efault ,hereunder: � - , '
<br /> . � �
<br /> � ' (a) Trustor� shall have failed to make , � ; �.�
<br /> . � payment of any installment ef interest, � ►`
<br /> � principal or pr�ncipal and intereat or . any -
<br /> . other sums secured hereby when duef � . _
<br /> (b) There has occurred a breach of or � � �
<br /> • ' � defanit under any term, covenant, agreement, �
<br /> � � concTition, provisfon, representatfan or �
<br /> warranty contai�ed in this Desd of Trust, the
<br /> note or . any other loari instrument secured '
<br /> , hereby; . �
<br />' (c3 There has been a default by thQ . '
<br /> � � Trustor in the payment of any prior or subse-
<br /> � . ; • quent lien or encumbranae in respect to all .
<br /> +` or an,y part of the property= r�
<br />. (d) Trustor shall file a voluntary __
<br /> petition in bankruptcy or shall be ac�judi-
<br /> ; cate8 bankrupt� or insolvent, ar shall make an . .
<br /> assigr�ment for the benefit of creditors in
<br />. .: : respect to the propertyf or .an action to .. . ..., . • �
<br />. � .enforce any lien or encumbrance or judqments � �
<br /> _ againsti the property is commenced. ,
<br /> .. 13.� Acceleration U on Default. In the event of any
<br /> dei�ault, Bene c ary may eclar� all indebtedness secured hereby
<br /> to be 8ue an8 payable, and the s�me shall thereupon become due �
<br /> � and payable without any presentment, demand, protest or notice of
<br /> any kind. Th�reafter, Henef�.ciary mby: .
<br /> S�� efthsr in person or by age:�t, •:aith . --__ - -
<br /> � or wfthout bringinq any aation or proceedinq,
<br /> • . " ar by recc�iver appointed by a court and wi�h- i
<br /> - - ..
<br /> ---.- -- . - au� ���g��st t� th� a3eS�o��y af anf ��cu�ity, . , ----
<br /> enter upon and take possessfon of the prap-
<br /> ; erty, or any part therev�', in its own n�me vr '
<br /> � � x� the name of the�•Trustee, a�d da any acts
<br /> which it deems necessary .�.nfl d�sirabAe to
<br /> pres�rv� the valae, marketability or r�nt- �
<br /> _ ability af the property, or p�rt tiherp4f or
<br />: �.ntcrest therei�, - i�crease the is�ei�me tkere� -
<br /> � , fror� or pro�ect the security hereof and, � �
<br /> ,� c�itMaut takinr� ' posse5sion of the prdperty, '
<br /> .. . .. � . . . . ..
<br /> sue. � �or ar at�ierwi�� �ol2e�� the ren�s,
<br /> � � --�- . �
<br />
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