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<br />-- . . - (d)Tru�to�s�ah h�vb procured,pe�mitted ar�utfered,volunlarfly or involuntarlly,eny credilor to obtaln q N�n not •�_`-� _�
<br /> � � permitted horein upon ell or pert a1 such property;Truator or any guarenror of the indab9edn��ur�d h�rsby ahall ,_�.,,,,,,.,_ _
<br /> � � �' Mcame ineolvent o1 admit In writlnp its inabilfry to pay Ila debts as they malun,or mske��assf�nm�nt for Ihe benefit ol �::L''��'=--�
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<br /> • � creditars or apply lor or con�ent to ths appoinlmeM�i a recelver or truetee for it o�b�a substentlel pert of euch property,or ..�,:�;�.
<br /> fuch e recelvor or hwfao fh�ll b�nppoint�d and fhall not be dl�cho� ed withm thiiiy(301 dsys aRer appointmoM;o� , •��� "-f---
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<br /> � (e)A writ of axecutfon or ett�chment or any simllar procees ahall be issued ar tavied apalnst ell o�any pert ol or Intereat .'�'���;':..
<br /> '. in auch properly,or�ny�udgment involvi np monetery demegea ahall be entered apafnst Tru�to�whlch shall become e Hen "'::• ;:_��;
<br /> '• � on auch propeAy or poAlon thereof or interest therefn and such execution,ettachmant or a�miiar process or judpment f�s not � . .
<br /> . • � released,bonded,aetfelied,vecated or slayed withfn slxly(80)days after its entry or levy;or
<br /> (f)8ankruptcy,insolvency,reorgenizetian,errenqement,or liqufdetion proceedinga or other proceedfn�a for�elief ; •
<br /> under any bankruptcy law or other law tor the relief af debtors shell be instituted by o�agalnst Truator or any(3uarento�
<br /> ' hereot and il institufed e�ainat such party shall be consented to or shall not be diamiseed within sfxty(80)deys after such �
<br /> • instltuUon;or '
<br /> • (g)Trusto►or any successor in interest of Trustor,volunlarily or i��oluotarfly should sell,exact, convey,trensfer, 1 �
<br /> coniract to sell,lease with optio�to purchase,sublease,dispose of,chanpe the cha�bcter or use of,or fuAher encumbe► i
<br /> such property,o�a�y pan thereot,orany i�tereat therein,or if a�y said pa�tles shall be divested of dtle to such real property � .
<br /> of any pan thereof,or any interest eithe�voluntarily or involuntarily,or if title to such property be eubjeeted to any lie�or ,
<br /> , cha�ge voluroa�Ay o�involunta�ily,conVacwal o�statutory, wlthout the written consent of BeneNciary bein�li►st had , ....
<br /> obtained.o� ; . _
<br /> ...�,: .
<br /> (h►IlTrustaisaparinershipandlhe interestolageneralpartnerterminates,isassi�nedortransferred,orisdimi�ished � ;�.=;a
<br /> • ,, in any respect,o�if Trustor is a corporation and a majority of the voffng corporate stock f stransterred,sold or aesigned.or if , , .+
<br /> the Truator is a Trwsuea ot a trust and there is A�change of any ot the Be�eliciel fnterest of Ihe trust or . ��
<br /> , . • (i)Trusto�ahall,withouttheconsentofBeneficfery,createorconsenIItotheestablishmentofedistrictwhichbas�xing • `.,,�
<br /> '. powers.
<br /> . ACCELERATION u�PON DEFAULT,ADDITIONAL REMEDIES:In the event of any default hereunder,Beneflciary may,at �
<br /> ;i ' its optlon,:
<br /> ,.,,'� , ',
<br /> •��;;� " (a)T�erminete addltlonal advances,itany,to be made unde�or puisuant to the�'romisaory Note or any buiidinp ioan � . ,
<br /> � ayreemen�or �
<br /> '. (b)Declare an�sa�m secured hereby immediately due and payable and the seme ahall the�e upon become due end '
<br /> ,• � payable without ar+y Ar�sentment,demand,protest or notice ot any kind:or
<br /> � �c)A�Any tlme,with or without notice,either m person,by ageni,or by receiver to be appointed by the Court without
<br /> regar�2�o the adequacy of any seCurlty lor the indebtedness seaured hereGy,enter upon and take possession of such
<br /> - , property or any pavi thereof,make,cencel,enforce or modtiy leases;obta in and e�ecttenents,set or modity rents;In ita ow�
<br /> • � �� nemesueorotherwisecollectlhe�ents.Income,issuesandprolltathereol.includf�gthosepastdueandunpaid;andapply
<br /> the same,less costs ond expenses ot operatio�.Including reasonable attorney's fees,upon any indebtedness secured
<br /> • •� - hereby a�d In such order es 8enellciary may determine;And except for such applicallon,Beneficiery shall not be liable to
<br /> any persan for the collectfon a��oncollection of eny rents.+ncame,issues or proilis t�or�the faflure to asseR or enfarce any of
<br /> � � the foregoing rights,nor sha11 Beneficiary by charged with A�ey�of the duliesand obligatlons of a mo�tgagea in possssslon.
<br /> • The entering upo�and taking possession ot such property,the collection ol such rents,income,issues or proflts,l�e doing
<br /> of other acts herein aulhorized,and the application thereof as aforosaid,shall not cure or weive any defeult or notice oE
<br /> dote�l!he�eunder or Invalidate any act done pursuant to such notice;or
<br /> � (d)Cause to betiled on record,a wrinen noticeof default and etection to sell such property.Afterthe lapse o�such tlme
<br /> � ��. as then mey be required by law following recard�tion of such notice of detault,and notice of sale having been given as
<br /> s� requfred by law,Tr�astee wlthout demand on Trwstor shall sell such prape�ty,efther as a whole or In separatA percels,and in
<br /> , , ,,. such order as it or Beneflciary rnay determine at public auction to the hl8d�est hidder.The Trustee may postpone the sale ot : •
<br /> '.�,- all or any portion of such prop�eriy by public announcement at the time of sale,and from time to time thereafter, may
<br /> �� postpone the sale by public announcemant at the time and place fixed by 1he R�rec�eeding postponemen�Trustee shall
<br /> deliver to such purchaser its deed conveyfng the property so sold,wifhout any cover.a�t or warranty express or implled. ,
<br /> ' The recital in such deed of any matters ol t�ct or otherwise shall be con�lusive p�oot of t�e truthfulness thereof.Any persom,
<br /> including Trustar,Trustee or Beneficiary.may purchase at said sele.�r ustae may also sell et any such sale and as a pavt
<br /> � thereof,eny shaces ot corporate stock securing the obligation secured hereby,and Trustor welves demend and notice�9
<br /> such 9ale.(8ene9i�+ary at Its option may also foreclose on such shares by�ndependent pledge sale,and Trustor waives
<br /> ; � demar.c0 of noiiae o1 such sale.}After deducting all costs,tees and expenses ot Trustee,and ot this trust,incl�ad��ng cost of
<br /> e ev+dence of fi�1e im�onnection wlth such sale, Trustee shall first app�y the proceeds of sele to the paymenl of 811 Sums
<br /> •• :{ i expentled uncler 1!h�terms hereot,not then repaid,with accrued�r!e��es�A*_the rate then payable under the note or notes
<br /> secured hereby,ar.c y!:en lo pa��r�ent of a�i�i^er sums secured hereby,a�a�f thereafter there tbe a.^y proceeds remai�mq.
<br /> j distribute them to t�e persc�ar or�rsons tegally entitled thereto.
<br /> I11 this Deed of Trust or any rtote secured hereby provides for any ch a�ge for pr�e�ayment of any indebtederess securecD
<br /> • � �.. r_.._._���.��.....�........e..t.�..�.s.n�a �es.,..,,tes���.,.�wntpdnesssr�allbeoaid�nortothematuritydatetRereofstated
<br />_ I i�6ibvr. �i ua�v.ay�cco...p�.�.,.........».y....._.., -•--- - . .
<br /> in said note��:�*�s Deed of Trust even if and notwithstanding Tr�srtsr shall have defaulted in paymeM thereof, ar orr
<br /> � perfarmanceef a��r agreement hereunder,and Beneficiary by reason thereof,shall have declared ell surt�s secured hereby
<br /> ; imnFetliately due end payeble.
<br /> � SCHEDULE OF LEASES:Within ten(10)daysafter demand,Trustor shall furnish to Trustee or BeneHciary a schedule.
<br /> i certffied by Trustor,setting forth all leases ot such property,including,in each case,the name of the tenants or occupaMS,a
<br /> , Qescription of the space occupied by such tenant and occu�ant,the reMal payable for such space and suCh other
<br /> informetion and documents with respect to such leases and tenanc�es as the T�•ustee or Beneficiary may request
<br /> COVENANTS OF TRUSTOFi WITH RESPECT TO LEASES:Without the prior written consent of Trustee or 6eneficiary,
<br /> Trustor shall not,directly o�indirectly,with respect to any lease ot space in such property,whether such lease is not or
<br /> hereaRer in exfstence:(a)accept or permif any prepayme�t,discount or edvance payment ot rent thereunder;(b)cancel
<br /> or terminate the same,or accept any canCellatio�,termination or surrender thereof,or permit any event 10 occur which
<br /> would entitle the lessee thereunder to termmate or cancel Ihe same;(c �amend or moddy the same so as to reduce the term
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