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<br /> " � • . Lender. The foregoing warrantiea and representationa, and �-L:..-a�:,}..�^_���
<br /> . .. l � Horrower's obliqations pursuant to thQ foregoi.ng fndemnity, shall
<br /> � , �" ��''��'��'.� . �urvive ropayment of tha Note sod the reconveyanae of thig Deea
<br /> ,:.:�; of Truat. --_ - s�.y-�.r,
<br /> � ,� 9. Asei nment of RenLa Mana ement of Pro ert . As _,,ti,�,�^_�___`�__�
<br /> �` ' additional sscur ty ereunder, Horrower ere y ass gns to Lender �� ' . �m�I� •'
<br />,,, r I .:,,,� the renta, issuea and profits of the Property, provided that
<br /> ' � Borrower shall, pr3or to acceleration under paraqraph 11 hereof � • -�"°
<br /> .. � or abandonmeae�. of tihe Property. have the riqht to collect and �; � ,
<br /> retdin suc� rente, issues and profitie as they become due and pay- .,,�.�K��:'���:_
<br /> ebla. Upor► acceleration or abandoxunent of the Property, Lender • :'4���w�';�3_,
<br /> � may, either in person or by aqent, w£th or without br3ngfrxg any � .� ,�-_
<br /> dctian or proreedinq, or by a receiver appoi�nted �y a caurt ancl ....:�:,.�;��'.�., .,M.,...-��;.
<br /> '` ` w3thout regard to the adequacy of its security, enter upon and �
<br /> I ��urr.��.
<br /> � take posseseion of the Property� or Any part thereof, in its orrn � �,��
<br /> name or fn the name af the Trustee, and do an�r acts which it �;`��-°�.�-�:..__.__--
<br /> deems necesaar or desirable to reserve the va]lue, marketability '��
<br /> ��-��-•' or rentabilfty of the PropQrty, or any part thereof ar interest � . "
<br /> , �ti�"����� therein, increase the income therefrom or protect the security T�-
<br /> �{,}� . �
<br /> �• hereof and, with or without takinq possesaion of the Property, � , ,
<br /> � sue for or otherwise collect the rents, issuea and profits ` ���,,..,�
<br /> �� � ' ' �� thereof, including those past due and unpaid, and apply the same, . � .. ., ���'�'""
<br /> 1 ° less costs and expenses of operation and collection, i.ncluding , ��:;�
<br /> attorneys' fees, upon any indebtedness secured hereby, all in . . ��
<br /> � � � auch order as Lender may determine. The enterir�q upon and taking ____
<br /> � possession of the Property, the collection of such rents, issues .
<br /> .:....�,'�.._:;._.' and profits and the xpplication thereof as aforesaid, shall not ,•._ `'?.•;.�: :���:
<br /> .ni r'u'X� r
<br /> � ,,��;:i;,.f;;�, � cure or waive any default or notice of default hereunder or ���-� -----•:�° °°
<br /> ��•���,�r�'.�;`{�'';'r� invalidate any act done in response to such deSEault or pursuant � -�
<br /> •_ ►.:.;•,:;r,_. .. '�•-
<br /> ����� to such notice of default and, notwithstandinc� '�the continuance in � ,.�,;,,
<br /> . �_,�;.. � posse��ion of the Property or the col lection, rece�.pt and applica- �`� `�"� �'Yf`:;='---
<br /> .. � ;.,,,,��
<br /> � � tion of rents, issues or profits, and Trustee and I.ender shall be , .;;.,,,�
<br /> �''`�' � entitled to exercise ever ri ht pravided for in an of the Loan kti - '�__
<br /> Y . . .�'�:j,._:
<br /> � � Instruments or by law upon occurrence of any Event of Default, '; ���._K
<br /> includinq, without limitation, the right to exercise the power of ;� . ;,.. .;.�_
<br /> �. ; ., sale. Further, Lender's riqhts and remedies under this paragraph ,. . . ,�
<br /> �'��,�.,; , 9 ahal9. be cumulative with, and in no way a limitation on, �'�
<br /> Lender's rights and remedies undex any Assignment of Leases and , -
<br /> .,;:;;,. Rents recvrded against the Property. Lender, Trustee and the �^�_
<br /> � � . '.'i,s,;:'� receiver shall be liable to account only for th�se rents actually �
<br /> ,�' ..� received. � , ,--
<br /> , , .
<br /> �'� .•....�;},�,;i�;�: . 10. Events of Default. The followinq shall constitute � .*�;,?V;i
<br /> ' ' 3 an Event of Default under t �s Deed of Trust:
<br /> � i7�''.:F�' ' ���'
<br /> ' ;,,.•: __. �. - ,
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<br /> <, �� (a) Failure to pay any installment of .�.�''�,"1 .
<br /> ;{ .' �. • '''' principal ar interest or any other sum aecured hereby ��r'�
<br /> �,'t,, �� � �'���' when due, or fa3lure to pay when due any other indebted- . ~ -
<br /> � �"' ;' �"'��"f�; � ness of Borrower to Lencler; ' • "
<br /> �•;�,{;�•� .�:, ,r�
<br /> 'r�:,;;�' . ,
<br /> ' ' ' (b) A breach of or default uasder any provi- ��',
<br /> �. � sion contained �n t�e Notie, this Deed of Trust, any of '.'�
<br /> ��',.,'� � the Loan Instrunner�ts, or any other encumbrance u�on the �;,�•: �
<br /> "` property, after givinq effect to any app�.icable cure • , �
<br /> period contained therein; � ,'
<br /> . � (c) A writ of execution or attacQnrnent orr any
<br /> . , similar process shall be entere� against Borrcwerc which
<br /> " shall become a lien on the Pr�per�y or aay portion
<br /> thereof or interest ther�ire;
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<br /> - i 1aj �i•nere siidii uG 111CV wl O: �7--..-_
<br /> I Borrawer an aetion under any present c�r future federal,
<br /> , ' J state or other statu�e, law or regulation relating to
<br /> I bankruptcy, insolvency or other relief for debtors; or
<br /> � there shall be appointed any trustee, receiver or
<br /> liquidator of Borrower or of all or any part of the
<br /> � Praperty, or the rents, issues or profits thereof, or
<br /> Horrower shall make any qeneral assignment for the
<br /> . i benefit of creditorss
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