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<br /> , ��E�'�'n'�4• � ��la���•! If.7yl• N1C�I�1f !tl �1Bi SUl1 U� tt�► ii�J@Ilt� Wlt �l Ot' Wlt.�lflll�. �1i 111�� ll��) y;.�,fzr,.�._.,..�
<br /> � - . rt.b6�S'_:_
<br /> . ;A.;:' ,: �,�; a�•t�,m or pr�ce:��ding. or by � r.�ce�v�r .�pp��lnt•ad by a cuu► t �.�::�_�,-- - ,....
<br /> " ,� . ,� .,n�f without reyard ta the adequacy of itR sc�r.urity, enter u�,un �""•`�:ti��: ....,
<br /> . �'
<br /> .. �ud l��k�• n��sse•ssian �f thr. rrope•rty, or �nx E»rt th�rerc�f, it� ic �, ' _ ,...:�,, ,�,
<br /> ' � uM�n ...,n�� or in tho namc� oi �h� Trustea, and do any aats wbich I� "��:�';��
<br /> ��, �
<br /> ' • .i��e��ns ner,�9s�ry os de8irable to preoerve the vt�l ue, marketabi li ty �♦. .•, � •�'` •�'• '
<br /> " �''' or rentabilit of the Pro ert , or aa art thera�f or interes� � � �
<br /> ,:� Y P Y Y P � . "
<br /> r.t�erein, incYease the inaoa►e therefxom or protect the security � �
<br /> _ • .. ;���. heroof and, with or without taking poaeeseion of the� Property, � . . �
<br /> ' � suc for or otherwise colloct the r�nta, issues and profits } � � � `•
<br /> � '' ►hcreof, includinq those p�at dt�e and unpaid, aad apply the uame�, !
<br /> �NSS coats and expenee8 of opardtiion aa�d coll.�ction, fncludiny
<br /> attorneyo' fen3, upon any ind�btNdo�ss �ecu�ad herrby, All i» '
<br /> � �uch order aa Lender m�y d�terai3.ne. �'he entering upon and tak in�3
<br /> ' , ��oss�esian og the Property, the coll��tion of suc6� r�hta, issues ••
<br /> � � and �►roE3ts and the Applics�ion Lhereof as afore�aid, shal.l nat 1 . , ;-::.� ' �
<br /> .:��;:,:; �;:; ..;,. �, :. .. �:.��
<br /> �C'� cure ur waive any default or rotice of dc�fault t�ereunt3er ur � ';w�.�s�:�;
<br /> ��,:`:.,� --
<br /> , •..,:�'.: , .' ��..�- ��J invali�ate any act done in re�pon�a to �u�h default or pursnnant --
<br /> �... ,,� �,.�.,�s:�:_,� .. � ;.�,..,..
<br /> .�� �. . to such notice of default a�n�7, noLwithatanding the continut�ncN in �
<br /> � � � ' :• �� poss�esaion uf the Property ox khe colluction, receipt aad applica- ; . , '. �
<br />"�t-_ '� � � tion of rents, iaaue� ar prafit�, �ta�l Tsuatee and Lender sh��ll be '
<br /> . ��ntitied to exercis� �very r�ight providsd for in any of the Loan t . . .
<br /> Inetrum�nts or by l�w upon ��ourr�nc� of any Event of De�nult, ;.'� -
<br /> includiag, without limftation, tho riqht to exeraice the power of ��
<br /> sale. Furthar, Lend�r'a riqhts ar�A raioedies under this pAra- � � , �,''����;r��
<br /> . � 9raph 9 shall be an�ulativ� wil.�f, and in no May e limitation on, , �+.,.;:,,;� �;:
<br /> � Len�ler's rights a�nd remedina under any 1lsaignment o! Leaaes and � ��.;��";�
<br /> Rents recorded against th� Property. Le»der, Trustee and the '�'"'.•",�
<br /> ,t:� receiver shall be li+rble to aacount only tor those renta actaally � �"'�`
<br /> ` ''`�' -.._--_ r9C�f vH(l, - -
<br /> ,;.-_„
<br /> � �. ' � 10. Event,e ot Default. The folloo►iag ehall conatitute �
<br /> an Event of DeEault under t s DeeS of Tru�t:
<br /> (a) lailure to pAy any installment of prin-
<br /> ' cipal or iniere�t or any other �um secured hereby when
<br /> , due, or failure to pny wh�n due any other indebtedn�s� • . ,
<br /> of Horxower to Lender� ,
<br /> a� _', •
<br /> ,. . (b) A breach of or dag�ult under any provi- �� �� '�`
<br /> �� � ' ���� eion contain�d in the Note, thi� D��d of Truat, any of �
<br /> ' � �+���i the Loan Instrument�, ox aAy other encwabrsnce upon the �
<br /> , � i�roperty , after qiving effect to any applicable cure
<br /> � �4riod contained thereinf
<br /> . . !�;�,;;;
<br /> , .,,.. (cl A wrl.t of execution or attachment or any
<br /> .+';!��'.�� �:imflar proce�a ahall be entered aqain�t BorroMer which
<br /> �� '- •..• :-t�.�11 become a lien on the Property or any portion
<br /> ,.t;
<br /> � � ����:�!" ;'"" ti-��:r�of r�r iriterest th�reiaj
<br /> �2;;�':t•�.` �,' .,
<br /> � � ��i'l,1
<br /> ,•� .'• (d) There ahall be fil�d by or again�t
<br /> � �`+.�:�� FoCroWex an action nnd�r n�ny pres�nt or futur� fsdersl,
<br /> � :;�..�te or other �tatuto, laa or regulation r�latiag to
<br /> r:..nkru�tcy, insalv�ACy ez ather r�lf�! for d�btor�t or
<br /> chere shall be appoin�ed eny trusta, r�a�iv�r or .
<br /> � , � t iy�� id.�t.��r c�f Borrowrx or af all or any pert o! the �
<br /> � t�:u�trty, or the r�nta, iseue� or profit� xh�reo?, ox '
<br /> :;� � � ' i+�,rruwer shall make aay generai a��iqruaeAt !�r the • ��� .
<br /> ,;,, „����,.,;.�
<br /> ��•�� . ���.; ����, t�enFtit of creditors�
<br /> �";� .:.,'f�r;�s�.
<br /> . , ,:� ,
<br /> J - ,'�„��;�",�';�1;��'���, i�i :l.a :,ui.:� i 4 n.�r. F•±e•, aaa�l�n�sent, co�vey� '
<br /> ��'�' �.� ��_ ` ance or �urther encumbrance o� �11 or •apy •past o� as
<br /> • •� ' '�•. 'I� any interest ir� the Property, Qither voluatarily or
<br /> " �. .� involuntarily, without the exprea• Writt�:�ooAa�nt ot
<br /> .�•: i�enaer. �. ' .
<br /> il. Remedies� Acceleration O�io� De�ault. IA ttae event
<br /> �.t dny Ev��nt of De au t, I.e���ex may, w� ou not ce, exc�pt as
<br /> . � ceq�iir.:d by law, d�Clare a11 indebtedn��� seCUred hereby to be
<br /> ' �?ur• �„ci E>ayab➢.e and the �a�ne shall thereupon becoms due and pay-
<br /> .�►�1�� without any pre�entraent, de�nand, protest or notice of .,r,y
<br /> ; ►:i,�d. ThereaEte=, Lepcder mays
<br /> -4-
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