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<br /> ' J • � ♦- • ' . � v .
<br /> ::, . 93�' io�s� . _,
<br /> � y�aa��. Th� loregoi.nq Merranti�• aad r�pr•��ntakiQn�, and �'
<br /> BorsoMer'� oblipatiions pur�uant to th� tor�qoinp indan�i� • �hali��
<br /> - • � �urvive r�p�ya�nt o! rha No�� �ed th� r�aonv�yano� o! �h�a D��� ,
<br /> o! Tsu�k. �
<br /> 9. Aeat nment o! Rantg�_Management of Property. Aa
<br /> - addi.tional secur .Cy �ereun er, "�orrowar er� y aa�igni to r.�nd�r .
<br /> �' �he ren�s, isaues and protita ot rhe Property, provided that
<br /> `��•. � Sorrowar ah�ll, prior to aacelssation undor parwgraph 11 h�reo�
<br /> •;�.��� or �bandonm�nt o! tiha Propsrty, have Che ri.qht to aoilsct and
<br />-- — re�ain suoh sent,�. fsauea and profits ds they I�ecome due and pay-
<br /> a-� - --_--�-�
<br /> -- ab],a. Upon Acceleration or AbsnBon�ent of rhs Property, Lender
<br /> ��`�t may, eiti�er in pere�on or by ayent, rith or wi.�hout bringing any
<br /> ���",y", aation or pxoceading, or by a racsiver appointed by a aonrt and
<br /> �%�`' Mithout regard to the adequacy of its �eourity, en��r upon a�nd
<br />� '�"�� take a�eoaion of the Property, or any part theraof. in it� otim
<br /> _...:,�t�. �
<br /> nauae qr in the nanie of the Truatee, and do any acts which it
<br /> �_ •� deeme necessary or �e�irable to preoerve tha value. Mari�etabiliEy �
<br />• ? �p or rentability of the Properky, or any part thereof or intereot
<br /> s7ikj,.t
<br />�;;� : tl►erei», incr��ee the inaome therefraa vr protect the security
<br /> ° �� hereof end, w�.�h or without taking poseeseion of the Proper�y�
<br /> . ' ' f:;,4�; .
<br /> , ,�• aue �e�r �r o�perwise coliec� the rents, isaues and proPita
<br /> � ��" there��� inclin¢linq those past due and unpaid, and apply the sanie�
<br />�� � , �;'�,:°',«:'. �� � � lese casta ��+n�3 expsnses of oQe�cation and colleation, inaluding �
<br />',. . ,•::� :.,{.
<br /> � :��g7�.}�:•r.,,��yYy.y�;�. ' a t torn e y s' i'e e s, u p o n e n y i z�d e b te dnes� aecured hereb y, all in
<br />'��� ,;,'� ,,i�' a���,fki,�°ie .� suah brder as I�ender may c�ete�rmine. The entexing upon And tateing
<br /> ,�..'.;; �,���°� ; � poeoeta�ion o f t he Pz o�e�c t y, t h e a o l le ction of such rentp, i�sues
<br /> -•{��'•����� �� and prafits and the a�pliaa�ion thereog as a�toresaid. shall noC :�..,, • �
<br />- b'�,.� � cure or waive any def�u�t or notiae pf de fau lt hesean der or '��'
<br />- - �����-=r,� ,:,_,.
<br /> - -- ���i���,) � �.r�valida�te a�7P act done in responee to anch detanit or p�rs�aa�t ..
<br /> ,�"-��,-,'Vn:. �'s'`(:�.t:�' �
<br /> : •.!�,••�� ;,,;�,, to suah notiee of de�ault and, notwithstending the continuanae !.n
<br /> � �� �'��� � posseesion af the ��operty or tfie colleation, receipt, a�d ap��.irsa-
<br />_ , ,�,s't��� tion of rent�, issues or profits, and Truetee and Lend��er aha�,�, b� ,,,•,,;;,
<br /> .�?,,,Y :.,,�. entitl�er� to exerci�e every right provicled for in aay of the La�ri r,. , ;��,: ,;�� '
<br /> �.::;�
<br /> . � �;�'1;���;f;`;�,: � �' Instruments or by law upon occwrrence of any �vent of Defau�,t�
<br /> °";;' � ��.��;` ��� . including, wit�out limitation, the right to exerci�e the powe� o�°�
<br /> 't"..,:::`G'���r7�•,:.. .�� eale. Further, Lender's rights and remedies under thia paragraph
<br /> ` ��-s�-u's=��==' "' 9 shall be cumulative with, and in no way a lim3tation on,
<br /> y�,� � � �� ��'`;��:�,. ,: .. Lender's riqhts and remedie� under any Assignment of Leases and
<br /> ' ;.��"',',�''° Rents recorded against the Property. Lender, Truatee end the
<br /> �::. � ,..,�.;r���3'
<br /> � �.� .-:����:{�;:; receiver aha11 be liable tio aacount only for thoae sents aatually
<br />�'� � ' � �'".�'•�;t���;:7 i�'•�'�� received. �
<br /> � + ���t�t.S., (,���,�i�:�
<br /> � ��, � ,f��;:. ,.�s,;;n�,s� 10. Events of Default. The following sha�� �onatituto
<br /> � � ,�Y� ��j��+ an Sventi og Degau t under t s Deed o8 Truets ,
<br /> .;o ,;.;.._.t�,!." '
<br /> �. ����E`��'` ��� (a) Failure to paX any inotallment of
<br /> . .•� d.,��4°•f1�;jf•,, �.,.:�'
<br /> . .'"k�•, }�•�:%��� , prir�cipal or interest or any other sum secured hereby
<br /> � ``'t�`� �` � ' � when due, or failure to pay when due any other indebted-
<br /> ��S;;X'4��j'r�+�' ^` ness of Borrower to Lender=
<br /> �' . •��;,J,i�;`::;.��;;.�
<br /> • ��,..,.;:;,.,F,� Qb) A breach of or default under any provi-
<br />,' .��"' • ':s �;.��a:);r�i"•'`:;;�.: sion contained in the Note, this Deed of Trust, any of
<br />_ � �,�.r.1�..j�„�5.,�.���r
<br />,-..;'� �<,�;-;•z�,�t����,� �,;�,;� +�he j,c�au Instruments, oz any other encumbrance ta�pon the
<br /> �,. ; � �tt ;{r.�4� s�:: Pxop�erty. after qivinq effect to any applicable care
<br /> � � �;�(.'��'�u' r.•,:
<br /> � t r,,{.�.��:.;?��f��• per3,ad cantained thereim= ._
<br /> � ,r',^�.• �..:;,...;
<br /> .�,: �;:.:t,���.��;:�`��, ,' ,
<br /> . }.�.� , ,�f . + (c1 A writ of execution or attt�chment or any
<br /> � •'�`���';';�,` ��'"��•t���'' simblar procesa shall be entereo� agafnst Bortrower which
<br /> �> �� f�l F��i �f..:tl����'s' :
<br />_�;• +�. ,�,�v:,�„�;:;,:;�.��;a:. sfiall become s bi.en on the Prog�erty er any po�tion
<br /> -�'�� �;�: ;�^Y;'�;t`t;{s��}?';� thereof or interesti thereint -
<br /> :��:" ;1t�:i�����'}��'�'
<br /> ",`` . � ,`::;'y`,.;�,ti'�,,t,_. ' -� .
<br /> � � ; .:�;�'ar.- �, (d) Thare shall be filed by or againat �
<br /> '�- Anrrnt.ror nn a�tien under SflV nresent or fUttlr@ Eea@I81� _
<br /> �-: _ —r—°-- -
<br /> �� � state or other statute, law or regulation relating to
<br /> �1, ��,.� �t� �.��� insolvenc or other rel ie f for debt�rst or
<br /> �' �. � " ` bankruptcy. Y
<br /> F . �i ts^--.
<br /> there shall be appointed any trustee, receiver or
<br />,'�:�R� �•,•�'•'" �" . � liquidator of Borrower or of all or any part of the
<br /> �� ��� " 1�.� Pro ert or the rents, issues or profits thereof, or
<br /> r P Y.
<br /> �� �� Horrower shall make any general assigncnent for the .
<br /> � '`� beneli t of credi tore r
<br /> .;�`
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