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<br /> .�� -.'�';•'x '����°' howavar, horoby aonaanta to Truator�e -
<br /> :�� Bu�alioit�ry. BanelialarY►
<br /> �' �' aollsat�.on e�nd retan�ion ot auah ronts, 14saoo and prolit� a�s th�Y
<br /> . �. - � aacruo and baaoma payablo, ao lon9 nt oTf any indalbtednees �a aured --
<br /> � ,; �, ' i�n delault with reapect to payme �o�nt horounder. If eny
<br /> h�saby� or in th� pertor�anca oP anY agx' - -
<br /> event o! datsult deecribed haroalter in respoat to thia Doad o! ��_
<br /> . - - Trust shell hav� oaaurrad and be acntinuing, Honsfiaia�+, aB a = '_
<br /> :, . .� �. � mntter o! right au�d withou� notiae to Truator or anyona alaiming �.�_.__-
<br />�� . ° .. undar Trustor, nnd without raqard to the value of tha trust estata ,,_ ��_' , - .
<br /> � - � or ths intsrest oP �e Tr"�isaictionito appoint a reaeiv�r ofttha � �=Ym. �.��� _
<br /> ePP1Y �o �y �ourt having i ==�
<br /> proparty. � - -
<br /> 8. Tr�nsfer of Pr���� �f a31 or any �'t of the �opertY �,,..
<br /> or any intaraet o! Trustor therefn fa sold, transterre� or lnrther .
<br /> ancumbered vithout the expresa or �rrftten consent of Ha�nef3ciary. ����._
<br /> � - at its sole �ption, declare all sta�s aecured by �''�� ��'����
<br /> ,;,`:` ..,� Heneficfa�ry may.
<br /> t�'co;,, i:. �"
<br /> ':'`.t rF:•�•. . . y 8ble Atid p7COCeed to �'
<br /> .,;%, }1;��'�;i;,�.:,;��' ' - this Deed o# Truat to be i�uaed3atel due and pay ' .. =
<br /> �.i s� ,�� �:E��:�� the remedie� available to it undar the default provisions contained �...y:__- _ -
<br /> '�'�' 'Y:�:��.' - J,ae���
<br /> ,� � � .iit+; :, �161'e�il. -�iSSiu7i�a
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<br /> :'�� ��.F..�it� y � ,
<br /> �'•`�'!: < <�-';n " g. �-�nts of Defau��. Any of tDie following events shall be ��
<br /> �4�"`�` �� .^�� � deemed an e�re�nt of default �reundar: '-�:���:e;;:,
<br /> �;,�;f,:;::: �,,:h:�,-,.
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<br /> ,',;�f,, ,{ ,�'��1� �• (a) Truators sha13 have failed to mglce payment of f':,
<br /> ; , 5�'•��, , � ` 1- _
<br /> ,.;r,, :+..� �. �,�J��:°,��,�.� • atiy installment of interest principal or principal and r ,,
<br /> ...;; �;�.r� � 9.ntorest or any other sums aecured hereby when duos �,:``�'. -
<br /> � �� � �r' :�,•.
<br /> ..' ; a',;;�;:�,:; � (b) There has aacu�rr�d a breaah of or default under
<br /> ,�:,.: --_ �� t��, �pYA�}Stitt a�aeement, aondition, proviaion, �,�'�,A��' `� :
<br /> - -rzf:� �.
<br /> "'•`�' �� representat3on o� wa�tra�ty contained in this ueed o= �= '��;;.,.:�,.-�
<br /> ���' • ' �` Truet, the nate or a�� other loan instrument aeaured �, �,,:.
<br /> , ,'.r :�'l ��r.�i7/.
<br /> . ;r .�.,.,;,i�+i��..� � hersby i �.7r�l:'m .
<br /> � :-� ; .t�. ;�;,,�S°.. , `"�'�..
<br /> .1 '`<;1'.,.'-'; ..'
<br /> ',•;•;,';�,• r;�z;;.;�;:,i, . . . Z c) There has benn a default by t�e Trustors in the .�,. - `��u:
<br />� payment of any prior or subsequent lien or enaumbrance in (�,'
<br />:��..�"`''� , �, respect to all or any part of the propertyt .
<br /> .� __
<br /> ` � ,�'��� � (d) Truators shall file a voluntary pe�ition in �. �•: =•:�_
<br /> ��.�..::.
<br /> "� `��' � ta or ahall be adjudicated bankrupt or insolvent, � 4,
<br /> ,::, bankruP Y ---
<br /> �- � or shall make an assignment for ttie benefit of creditors �, _
<br /> �{ �� � � � in respect to the property; or an action to e�force any � � , ,
<br /> �'�`'•:�'' � lien or encumbrance or judgments against the praperty is ,. :�:�}�-�:-y
<br /> � �, ,y ,. � . _ _,�".:;
<br /> r:'�;�:: �-.�� commer��ced. �,., .�y�_
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<br /> �'t�4P . '' � i"`t_�,.
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<br /> ; � ., �p, a��AierAtion U�on Default. In the event of any default, �;; . . . ..
<br /> r!,',�, ` �� r Beraeficiary may declare all indebtedness secured hereby to be due : ;;;��s���1;::., -
<br /> , , Y< .�..
<br /> � �nd payable, and the same slnal l th��eupon become due and pakabae .�;;.'�:. ..,
<br /> ,r ., without any presentment, aemarnd, protest or notice of any ��,,,..: .
<br /> Th�reafter, Beneficiary may: ;
<br /> " `'�� '' (a) eittn�� in person or by agent, with or without ;',.'•.'� .
<br /> .;�;;.� :•' receiver .." `' ;
<br /> ,:��,; . ' ��;;;.,�z�� bringing any action or p�o�eeding, or by ,�<i•;, ,,;,, � ;
<br /> ?':'�''';��•� � appo�.nted by a court and withaut regaard to the adequacy
<br /> , . .�.. „ , . . .'
<br /> �• �� ���� of a�y� security, enter ug�on ansl taD�� �ossession af the •
<br /> �;c� �,`j�...� ',�,;',,?; property� or any part t�iereo�, �n its ar�ai name or in �.►ha ,
<br /> ; .••,. ,ti,.. +,
<br /> ' � � � ' name of the �'�can��ee, and do aazy acts whic�s it dae�s
<br /> , �r:�, ;;
<br /> •��ti,�.� necessary ara� d�s�ramle �.�o preserve tDne value,
<br /> marketability orr �ce��a�ility of the property, or part � .
<br /> � thereof or 3nteaest ��r�in, increas� the income heref���s
<br /> or protect the security hereof and, without takn�g :;��
<br /> . pcsgession of the property, sue for or otherwise collect ; '� ;•��'..
<br /> � � the rents, iissues and profits thereof, includinq those
<br /> - � rN�� �,»` Y.,�a +,nna i d; and app1Y tl`�e same, less costs and �
<br /> ' _ � expenses of oF,eration and collection, including aCtorney
<br /> � � fees, upon any indebtedness secured hereby, all in such
<br /> � order as Heneficiary may determine. The enterinq upon
<br /> Iand taking possession of the �rust estate, the collection
<br /> ; vf such rents, issues and profits and application thereof
<br /> as aforesaid shall not cure or waivs any default or
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