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202006676 <br />8) SALE OF SECURED PROPERTY. It is hereby agreed between the Beneficiary and <br />Trustor, in the event that the Trustor shall sell the property then the Deed of Trust <br />and Promissory Note shall become due and payable immediately. <br />9) INSPECTIONS. Beneficiary, or its agents, representatives or workmen, are <br />authorized to enter at any reasonable time upon or in any part of the Trust Estate for <br />the purpose of inspecting the same and for the purpose of performing any of the acts <br />it is authorized to perform under the terms of any of the Loan Instruments. <br />10) EVENTS OF DEFAULT. Any of the following events shall be deemed an event of <br />default hereunder: <br />a) Trustor shall have failed to make payment of any installment of <br />interest, principal, or principal and interest or any other sum secured <br />hereby when due; or <br />b) There has occurred a breach of or default under any term, covenant, <br />agreement, condition, provision, representation or warranty <br />contained in any of the Loan Instruments or in any mortgage or <br />security instrument which is superior to this Deed of Trust upon the <br />Property. <br />11) ADDITIONAL EVENTS OF DEFAULT; TRANSFER OF PROPERTY. If all or any <br />part of the Property or any interest therein is sold or transferred by Trustor's without <br />Beneficiary's prior written consent, excluding (a) the creation of a lien or <br />encumbrance subordinate to this Deed of Trust, (b) the creation of a purchase security <br />interest for household appliances (c) a transfer by devise, descent or by operation of <br />law upon the death of a joint tenant or (d) the grant of any leasehold interest of three <br />years or less not containing an option to purchase, Beneficiary's may, at Beneficiary's <br />option, declare all the sums secured by this Deed of Trust to be immediately due and <br />payable. <br />12) ACCELERATION UPON DEFAULT, ADDITIONAL REMEDIES. Should any <br />event of default occur Beneficiary may declare all indebtedness secured hereby to be <br />due and payable and the same shall thereupon become due and payable without any <br />presentment, demand, protest or notice of any kind. Thereafter Beneficiary may: <br />a) Either in person or by agent, with or without bringing any action or <br />proceeding, or by a receiver appointed by a court and without regard <br />to the adequacy of its security, enter upon and take possession of the <br />Trust Estate, or any part thereof, in its own name or in the name of <br />Trustee, and do any acts which it deems necessary or desirable to <br />preserve the value, marketability or rentability of the Trust Estate, or <br />