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<br />( d) Trustor shall have procured, permitted or suffered, voluntarily or involuntarily, any creditor to obtain a lien not
<br />such Trustor or any guarantor of the Indebtedness secured hereby shall
<br />permitted herein upon all or part of property;
<br />become insolvent of admit in writing Its inability to pay its debts as they mature, or make an assignment for the benefit of
<br />creditors or apply for or consent to the appointment of a receiver or trustee for it or for a substantial part of such property, or
<br />such a receiver or trustee shall be appointed and shall not be discharged within thirty (30) days after appointment or
<br />( e) A writ of execution or attachment or any similar process shall be issued or levied against all or any part of or interest
<br />involving damages shall be entered against Trustor which shall become lien
<br />in such property, or any judgment monetary i
<br />p
<br />on such property or portion thereof or interesttherein and such execution, attachment or similar processor Judgmentis not
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<br />released, bonded, satisfied, vacated or stayed within sixty ( 60 ) days after its entry or levy; or
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<br />(, t) Bankruptcy. insolvency, reorganization, arrangement. or liquidation proceedings or other proceedings for relied
<br />debto rs shag) be instituted by or against Trustor or any Guarantor
<br />; . �•, •, , . ,
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<br />undw any bankruptcy law or other law for the relief of
<br />h ®roof and if instituted against such partyshallbeconsentedtoorshallnotbe dismissed within sixty( Go )daysaftersuch
<br />institution; or
<br />(g) Trustor or any successor in Interest of Trustor, voluntarily or involuntarily should sell, exact convey, transfer,
<br />the character or use of, or further encumber
<br />contract to sell, lease with option to purchase, sublease, dispose of, change
<br />such property, or any part thereof, or any interest therein. or If any said parties shall be divested of titleto such real property
<br />of any part thereof, or any interest either voluntarily or Involuntarily, or if title to such property be subjected to any lien or
<br />without the written consent of Bensffciary being first had
<br />charge voluntarily or involuntarily, conUactual or statutory,
<br />obtained, or
<br />( h ) If Trustor is a partnership and the interest of a general partner terminates, is assigned or transferred, or is diminished
<br />of the vohng corporate stock is transferred, sold or assigned, or if
<br />In any respect, or if Trustor Ise corporation and a majority
<br />the Trustor is a Trustee of a trust and there is al change of any of the Beneficial interest of the trust: or
<br />( I ) Trustor shall, without the consent of Beneficiary, create or consent to the establishment of a district which has taxing
<br />powers.
<br />ACCELERATION UPON DEFAULT, ADDITIONAL. REMEDIES: In the event of any default hereunder. Beneficiary may, at
<br />Its option,:
<br />(a ) Terminate additional advances. If any, to be made under or pursuant to the Promissory Note or any building ioan
<br />agreement or
<br />( b ) Declare any sum secured hereby immediately due and payable and the same shall there upon become due and
<br />payable without any presentment, demand, protest or notice of any kind: Or
<br />(c ) At anytime. with or without notice, either in person, by agent, or by receiver to be appointed by the Court without
<br />for the indebtedness secured hereby, enter upon and take possession of such
<br />'
<br />regard to the adequacy of any security
<br />property or any parlrhereot make, cancel, enforce or modify leases; obtain and eject tenants, set or modify rents: in its own
<br />income, issues and profits thereof. including those past dueand unpaid; and apply
<br />name sue orotherwisecoilect the rents,
<br />the same, less costs and expenses of operation, including reasonable at fees, upon any indebtedness secured
<br />•
<br />be
<br />hereby and In such order as Beneficiary may determine; and except for such application, 8eneficlary shall not or liable to
<br />ts, Income, issues or renfceanyof
<br />any person
<br />theforegoing rights, nor shall Beneficiary bycharged with any of the duties and obligations of a mortgagee in possession.
<br />The entering upon and taking possession of such property, the collection of such rents, income, i ssuesor profits, the doing
<br />the application thereof as aforesaid, shall not cure or waive any default or notice of
<br />y:
<br />of other acts herein authorized, and
<br />default hereunder or invalidate any act done pursuant to such notice: or
<br />'
<br />(d )Cause to be filed on record, a written notice of defau It and election to sell such property. After the lapse of such time
<br />notice of default, and notice of sate having been given as
<br />as then may be required by law following re cordation of such
<br />required by law, Trustee without demand on Trustor shall sell such property, either as a whole or in separate parcels, and in
<br />such order as it or Beneficiary may determine at public auction to the hig hest bidder. The Trustee may postpone thesale of
<br />all or any portion of such property by public announcement at the time of sale, and iron time to time thereafter, may
<br />at the time and place fixed by the proceeding postponement. Trustee shall
<br />postpone the sale by public announcement
<br />deliver to such purchaser Its deed conveying the property so sold, without any covenant or warranty, express or Implied.
<br />The recital In such deed of any matters of fact or otherwise shall be conclusive proof of the truthfulness thereof. Any person,
<br />Trustee Beneficiary, may purchase at said sale. Trustee may also sell at any such sale and as a part
<br />including Trustor. or
<br />thereof, any shares of corporate stock securing the obligation secured hereby, and Trustor waives demand and notice of
<br />such sale. (Beneficiary at its option may also foreclose on such shares by independent pledge sale, and Trustor waives
<br />After deducting all costs, fees and expenses of Trustee, and of this trust, Including cost of
<br />demand of notice of such sale.)
<br />evidence of title in connection with such sale, Trustee shall first apply the proceeds of sale to the payment of all sums
<br />expended under the terms hereof, not then repaid, with accrued interest at the rate then payable under the note or notes
<br />of all other sums secured hereby, and If thereafter there be any proceeds remaining,
<br />secured hereby, and then to payment
<br />distribute them to the person or persons legally entitled thereto.
<br />If this Deed of Trust or any note secured hereby provides for any charge for prepayment of any i ndebtedness secured
<br />_ McIU clhr rigt0 tharant 7ttatad
<br />hereby, Trustor agrees to pay Salo charge, iidny ug sdiV 11lUOUMMIM ao a..uu ..o �,..,.. r,.,,... •• • • ••. •- • ••, . _
<br />in Bald note or this Deed of Trust, even if and notwithstanding Trustor shall have defaulted In payment thereof, or in
<br />performance of any agreement hereunder, and Beneficiary by reason thereof, shall have declared all sums secured hereby
<br />immediately due and payable.
<br />SCHEDULEOFLEASES:Withinten( I0,; 'daysahe ?,fern+and,Trustorshall furnish to Trustee or Beneficiary a schedule,
<br />certifled by Trustor, selling forth all leases of sucr. p+oipe ty, including, in each case, the name of thetenanis c roccupants, a
<br />description of the space occupied by uch tenar+I and occupant, the rental payable for such space and such other
<br />Information and documents with respect to such leases and tenancies as the Trustee or Beneficiary may request.
<br />COVENANTS OF TRUSTOR WITH RESPECT TO LEASES: Without the prior written consent of Trustee or Beneficiary,
<br />1 Trustor shall not, directly or indirectly, with respect to any lease of space in such property, whether such lease is not or
<br />hereafter Inexistence( a) acceptor permit any prepayment, discount or advance payment of rent thereunder; (b) cancel
<br />or terminate the same, or accept any cancellation, termination or surrender thereof, or permit any event to occur which
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<br />I would entitle the lessee thereunder to terminate or cancel the same :( c )amend ormodifythe same soastoreducetheterm
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