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200110169 this Deed of Trust to be immediately due and payable and proceed to the remedies available to it under the default provisions contained herein. 8. Events of Default. Any of the following events shall be deemed an event of default hereunder: (a) Trustor shall have failed to make payment of any installment of interest, principal or principal and interest, or any other sums secured hereby when due, after ten (10) days of receipt of notice of default; (b) There has occurred a breach of or default under any term, covenant, agreement, condition, provision, representation or warranty contained in this Deed of Trust, the Note or any other loan instrument secured hereby. (c) There has been a default by the Trustor in the payment of any prior or subsequent lien or encumbrance in respect to all or any part of the property; (d) Trustor shall file a petition in bankruptcy or shall be adjudicated bankrupt or insolvent, or shall make an assignment for the benefit of creditors in respect to the property; or an action to enforce any lien or encumbrance or judgments against the property is commenced. 9. Acceleration Upon Default. In the event of any default, Beneficiary may declare all indebtedness secured hereby to be due and payable and the same shall thereupon become due and payable without any presentment, demand, or protest or notice of any kind. Thereafter, Beneficiary may: (a) Either in person or by agent, with or without bringing any action or proceeding, or by receiver appointed by a Court and without regard to the adequacy of any security, enter upon and take possession of the property, or any part thereof, in its own name or in the name of the Trustee, and do any acts which it deems necessary and desirable to preserve the value, marketability or rentability of the property, or part hereof or interest therein, increase the 3 � 1110