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< < 9o- 104990
<br />8: i��ns�yec, Lions. Beneficiary, or its agents, represents -
<br />fives or.woroaent are .authorized to eater at any reasonable time
<br />i upon or in- anypart -of the property for the purpose of inspecting - - -
<br />the' same and for the purpose of performing any of the acts iv is
<br />authorized to performs .under, the terms, of - any loan instruments -
<br />executed by Trustor.
<br />9. Transfer, of Property. if -all or any part of the
<br />property or any Interest of Trustoi therein is sold, transferred
<br />or- further encumbered without -the
<br />express or written - consent of
<br />Beneficiary, Beneficiary may, at its uole'option, declare all
<br />sums secured by this Deed of Trust to be. immediately due and pap -
<br />able and proceed to" the remedies available to it under the
<br />default provisions contained herein.
<br />100 Events of Default. Any. of, tai, a follorwing evens 'shall
<br />be deemed an event o de ault'hereunderi
<br />(a) Trustor shall have tailed to make
<br />payment of any installment of interest,
<br />principal or principal and interest or any
<br />other 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
<br />warranty contained in this Deed of Trust, the
<br />note or any other loan instrument secured +_
<br />hereby; r
<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
<br />petition in bankruptcy or shall be adjudi-
<br />cated bankrupt or insolvent, or. shall make an
<br />assignment for the benefit of creditors in
<br />respect to the property; or an action to
<br />enforce any lien or encumbrance or judgments
<br />against the property is commenced.
<br />11. Acceleration Upon Default, in the event of any
<br />default, Beneficiary may -declare-all indebtedness secured hereby
<br />to be due and payable, and the same shall thereupon become due
<br />and payable without any presentment, demand, protest or notice of
<br />any 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 />ability of the property, or part thereof or
<br />interest therein, increase the income there-
<br />from or, protect the security hereof and,
<br />without taking possession of the property,
<br />sue for or otherwise collect the•rents,
<br />` ^ ° *°_ ° ihW- Pr ois , .udln_ OSI
<br />avvaw - -- -- - - -- -- -
<br />past dire and unpaid, anti apply the same, 'less
<br />costs and expenses of operation and collec-
<br />tion, including attorney fees, upon any
<br />indebtedness secured hereby, all in such
<br />order as Beneficiary may determine. - The
<br />entering upon and. taking possession of she
<br />trust estate, the collection of such rents,
<br />issues and profits and application« thereof as
<br />aforesaid shaLi not c*sre or wa`i:1te any delault
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