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<br /> ; � � � (d�T�u91or ehell have procured,permltted or auNered,voluntarlly or involu�tarfly,any creditor to obteln a lion nal M,,:..;___
<br /> " pe�mittod herein upon all or pe�t of euch propsrly:Trwtor or eny pueranto�of th�ind�btedno�seaurad hereby sh�ll • -
<br /> �� become Insolvent of admit in writlnp ita inability to pay it�debts as they mature,or make en assipnment tor ths bs�elit of
<br /> �� � 'r' �uch a receivap�or t wrta�shall b�eppoipnted and shall ot be d�ch�ed within'thkty(30 daya i ter�fappo ntpmMx or'�
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<br /> � (e)A w�it ot execution or eflachment or any eimHar proceas ahatl be iseued or Ievied epai�et all or eny ps�t of or intereit � "" '�,"'"�-'�';�,_
<br /> ~ in such propeAy.or eny judpment Involvina monetery dama�as shall be entered again st Trustar which shall become a lien � _ _.____:� ___ _ __
<br /> on auch propeRy or po►tlon thereotor intereat tNereln and auch execution,ariechment oraimilar procossar�ud�meM is not = -
<br /> I released,bonded,eatfelied.vecated or aleyed withl�sixty(80)deys aRer its eMry o�levy:or ��.;_�,.,,,.__._�-----.--_
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<br /> � (1) 8ankruptcy,insolvency,reorganization,arrangQ�ent or��quidation proceedinpa or other proceedinpa for relief ,� ,��u��" • �
<br /> � under any bank�uptcy law or other law tor the refief of deators sha�l be Instituted by or againat Truator or any Qua�ento� �
<br /> hereof and it instituted epai�st auch paary shaH becor+senLedRo or shall not be dismiwad within sixry(60)days attsr such _•.�,::,�.�,.,:•n..--
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<br /> . ; Insdtution;or ����:*.�u�te?�. ��,
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<br /> (g)Trustor or any successor in inte►ast ot Trustor,voluntaNy or in�oluntari�y shuul�sefl,exacl,convey,t�nster. °.i;�'�.�g�,,, ,.'°
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<br /> ::;;�,..�,-, . conhact to sell,lease w�th opUon to purchase,sub!ease,dispose of,chaage the character or use of,or n er encum ,••+�:t•r;>. • �
<br /> ,���;;;i f?;�;'�, .,: such propert�t.o�any paN thereoi,or any interest therefn,o�N any said parties ahaU be di�►ested of title to auah real pro�e�ryl i���.�.2...
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<br /> .;��+' `• ���, ot any part thereof,or any i�tereat either voluntarpy or involuntarily,or it titie to such propeAy be aubJected to anY lien or .
<br /> � �i;� ,_i�». `� c�arge ��iunMrily or involuntarity.conhactual or etatutory, without the w�itten consen!01 BeneNclery beinp first h�d ��:: :.,_�,_.
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<br /> � `�• 'i;'!��� • �h )If Truato�is a paNnership and the interest o1 a generel paA�er terminates,is asaigned or trensferred,or is diminished ,
<br /> � .��'!;M1�. •�;`;:��:;�;��� ln any respect,or N Trustor is e corparation anda maJority of the votiag corporate stock ia transterred,aold or assipned,or If �
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<br /> '' � ' •�••� the Truatu�is a Trustee of a t�ust a�d 3here is a change of a�y oi the Beneticfal interest of the Irus�or � �`
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<br /> . '}�;:,!' ,�,. �• (f )T�ustorshall,withauttheconsentot8eneficiary.createorconaenttotheestablishmentotedfst�ictwhfchhastexing
<br /> '� '': Qvwers.
<br /> ,:�'`���'•• ACCELERATION UPON nEFAUIT,AOOITIONAL REMEDIES:In the event of any default hereunder,Benet�iery may,at ;_.;�,.�
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<br /> � 118 Op11011: `y °•
<br /> ,1, � ; (a)Terrninate additlonal advences,If any,ta be made under or purauant to the Promissory Note or eny buAding loen ; � I . �.' ..n°
<br /> . � ';c•;;� A�reement or '
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<br /> •!��'. �!�� �b)Declare eny sum secured hereby immedlately due and payable and the seme aha111here upon become due and . � 7'
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<br /> �; : payable wlthout any presentment,dernand,protest or notice of a�y kind;or . .
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<br /> ��•;;��1' (c)At any time,with or without notice,either In persan,by agent,or by receiver to be appolnted bythe Court without �•��
<br /> � regard to the adequacy of any security tor the indebtedness secu�ed hereby,enter upon and take possessfon of such "��
<br /> properry or any pert thereot,mske,cancel,entorce or modHy leasea:obtain and e)ect tenants,set or modlfy rents;in Ite own �
<br /> I,•�:. '' namesueorotherwisecollecttherents,Income,fssuesandprofltslhe�eof,Including thosepestdueandunpaid;andapply
<br /> ' ' � the seme,lesa coets and expenses of operetlon,including reasonable attorney's fees,upon eny indebtedness secured
<br /> ' � ' hereby and In such order es Beneficiary mey determine;and except tor such appNcatlon,Beneflciary shall�ot be Ilableto
<br /> any person for the collectfon or noncollection of any rents,income,issues or protfts lor the fallure to assert or eniorce anyof ,
<br /> � the foregoing rfghts,nor shall Beneficiary by cherged with any ol ll�d�ut{es and obllgatlons ot a mongagee fn possesslon. ,
<br /> Tha ente�ing upon and taking posaessfon ot such property,the collection of such rents,lncome,lssues or protits,the doing
<br /> of other aCts herein authorized,and the application thereot as aforesaid.shall not cure or waive a�y delault o��otiCe of
<br /> ' default hereunder or invalidale any act done pursuent to such notice:or
<br /> ' (d)Cause to be filed on record,a written notice ot detault and electfon to sell such property.After the lapse ot such tfine �
<br /> , ��. asthe�may be required by law following�ecordatlon of such notfce oi default,and noiice of sale having been glven as
<br /> � requlred by lew,Trustee without demand on Tru stor shall selt such property,either as a whote or ln seperate parcels,and in .
<br /> ' � , • � � such order es itor Beneffaiary may determineat public auctlon to 1he hfghest bfdder.The Truatee may postponethe saleof . .
<br /> ' all or any portion of such property by publlc an�ouncement at the tlme of sale,and lrom time to time thereafter, may ;.
<br /> � ; postpone the sale by publlc announcement at the time and plece fixed by the preceeding postpanement.Trustee shall '
<br /> deliverto such pu�cheser Its deed conveying the property so sold,without any covenani or warra�ty,express or implled. ,.
<br /> : � The recltel fn such deed of any matters of fact or otherwise s ha l l be conc lusiv e p r o o t o f t n e 4 r u t h l u l n e s s t h e r e o f.A n y p e r s o n, ��
<br /> including Trustor,Trustee or Beneilciary,mey purchase at said sale.Trustee may also sell at any such sale and es e part
<br /> � ; thereol,any ahares of corporate stock securfng the obllgatfon secured hereby.and Trustor waives demand and notice of ,
<br /> � such sale.(Beneficlary�3 its optlon rney also foreclose on such shares by +ndependent pledge sale,and Trustor walves
<br /> , r ' � demand ot ootice of such sale.)Atter deducting all costs,fees and expensH�o?Trustee.and ol this trust,including coat of , , .
<br /> '.•",,, evidence of totte in connection w,t�o such sele,Trustee sha0�t,rst apply tne proceeds o�sate to the payment of all sums
<br /> ,: j � ,';:;,.;. . • � expend�d�ncber the terms heieo9.rresthen repaid,with accr�ed interest at the rate the�;payabl8 under the note or notes
<br /> secured hereby,aad then to payment ot all other sums secured hereby.anc�d the�eafier t��*e be ar�y proceeda remaininy,
<br /> � I distribute them to the Rerson or persons legaliy entitled thereto.
<br /> • . • .._. .. �__.. _.�_.._.____......�o m...,.�no...n.,n.nV�des tor anv charoe tor prepayme�nt ot any i�debtedness secured
<br /> � �r tnrs a�cv�r v� ��.,�.��a..�...........�..•_-•.- -- � - -
<br /> t�ereby.Trustor agrees to pay said charge.�t any ot said�ndebtedness shall be paid�n6►co the maturfty date thereot stetea
<br /> �n said note or this Deed of 7rusL even et and notw�thstandmg Trustor sha11 have defaulted in payment thereof. or in
<br /> ! performance of any agteement hereunder,artcD Benet�ciary by reason thereof.sha�l have declared all sums secured hereby
<br /> � immediately due and payable.
<br /> I SCHEDUIE OF LEASES:Withfn ten( 10)days atter demand,Trustor shall lurrnsh to Truatee or 6enefic�ary a schedule.
<br /> ce►tified by Trustor,seUing forth all leases ot such properry.�ncluding,In each case,the name of the tenants or ocCUpants,a
<br /> desCription of the space occupied by such tenant end occupant,Ihe rontal payable for such space and such olher
<br /> informatlon and documents with respect to such lea&es and tenancles as the Trustee or Benef�ciary may request.
<br /> COVENANTS OF TRUSTOR WITH RESPECT TO LEASES�Without the pnor writlen consent o1 Trustee or BenefiCfary,
<br /> Truslor shall not,directly or fndirectly,wilh respect to any lease of space in such property,whether such lease is not or
<br /> he�eafler in existence:(a)accept o�permit a�y prepayment,discount or advance payment ot rent thereunder,( b)cancel
<br /> or term�nate the same,or accept any Cancellation,termination or surrender thereot,or permit any event to occur which
<br /> � ; wouldentitle the lessee thereunder ta ter minate or cancel the same.( c►amer.d or modify the samo so as to reduce theterm —
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