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201901347 default or notice of default hereunder or invalidate any act done in response to such default or pursuant to such notice of default and, notwithstanding the continuance in possession of the Property or the collection, receipt and application of rents, issues or profits, and Trustee and Beneficiary shall be entitled to exercise every right provided for in any of the Security Documents or by law upon occurrence of any Event of Default, including without limitation the right to exercise the power of sale. Further, Beneficiary's rights and remedies under this paragraph shall be cumulative with, and in no way a limitation on, Beneficiary's rights and remedies under any assignment of leases and rents recorded against the Property. Beneficiary, Trustee, and the receiver shall be liable to account only for those rents actually received. 11. Events of Default. The following shall constitute an Event of Default under this Deed of Trust: (a) Failure to pay any sum secured hereby when due; (b) A breach of or default under any provision contained in this Deed of Trust, or any other lien or encumbrance upon the Property; (c) A writ of execution or attachment or any similar process shall be entered against Trustor which shall become a lien on the Property or any portion thereof or interest therein; (d) There shall be filed by or against Trustor an action under any present or future federal, state, or other statute, law or regulation relating to bankruptcy, insolvency or other relief for debtors; or there shall be appointed any trustee, receiver or liquidator of Trustor or of all or any part of the Property, or the rents, issues or profits thereof, or Trustor shall make any general assignment for the benefit of creditors; (e) The sale, transfer, lease, assignment, conveyance or further encumbrance of all or any part of or any interest in the Property, either voluntarily or involuntarily, without the express written consent of Beneficiary; provided that Trustor shall be permitted to execute a lease of the Property that does not contain an option to purchase and the term of which does not exceed one year; (f) Abandonment of the Property; (g) Trustor shall be in default under the terms of any note, credit or loan agreement, security agreement, deed of trust, or other agreement existing and entered into between Trustor and Beneficiary. 12. Remedies; Acceleration Upon Default. In the event of any Event of Default Beneficiary may, without notice except as required by law, 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, Beneficiary may: Page 6 of 10