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<br /> � ��,.�a }�.arat�y h�vc� :he right, �ower and autihority c3urine� hhe es�r�t.i.m�axiaG a� � -
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<br /> th�.� Dc�ad a� Trus� �o collect thc� �on�s, ie�aues and prorite vx th� PrppGxC]�' ' � .
<br /> ��n�i o� t�ny persondl proper�Cy located Choreon wi�n or withau� t�tking po�+- ;
<br /> ep9air�n og tiho proPo��y �ffac��d �.hereby� �nd Truotnn c�raby �bsnl.uGely and
<br /> un�onditionally assigne all auch rente, i�oues and �roEi�e ta aene£ici.axy. , �
<br /> � Benefiaiary, howovex, hareby consents to Truator' s collec�ion and Y61:Qllt:�,on � .
<br /> oP auah ronta, lsau�s and profite ae the�r accruo and bocomA j�c71�/AYI�.O sa lc�nci
<br /> a� TXl19�C�x :Is nat AC such time in doFaul� w�.th r�spect to paym�nt o� Any ;
<br /> in�lek�tadness secured lsareby ox in tha Fcrformance of any agreemc�nt her��
<br /> unr��r. Upon any yur�h dafau�.t, 9anePioiary mAy a� any time, e�thex in �
<br /> pexson, by �gent, ar by receiver to be appainted by a aoux�, wi�hau� notic�: , .
<br /> az�� withou� r�gard �o �he adequacy of any s�cuxi�y far �he ind�btedne�s
<br /> h�reby socured (a) en�er upon and take poyFeasior� o� the Pzop�xty ar any �
<br /> p�rt �horeof and in i�s o��n name aue far or o�har�vi.9e CO�.�.�C� such rQn�s.
<br /> iKauss and prafi�s, inclttding those past due and ur�paid. and app�.y th� .
<br /> sama, less costs and expensos of operatian and collection, ina�.udi.ng
<br /> rPason�ble at�orney 's feos, upon any indebtedness sc�cured he.reby and in
<br /> suah osder as Benef�lciary may de�erminet (b) lease the samca ox any par� ,
<br /> tlnervaf for �uch rental, texm and upon �uch conditians as B�nefiaiary's ,
<br /> 3ttdgmen�. may dictate or terminate or ad�uat tho �arms and canc��.t�ians o£ anl►
<br /> cxis�ing lc�lse or leases. Unless Trustor and Ben�ficiaxy agrse otherwt��
<br /> in �ariting, any applica�ion af rents, issues ar profita ta any ind�btedna��
<br /> sscurEd hereby shall not extend or pastpone the due date of th� inatallmant
<br /> p�ymenfis as provided in the Notes ar change the amount of such inatallnic�nt,�, ;
<br /> The entering upan and taking possessaor� of the Property, the collecti.on o£ ���
<br /> such rents, issues and proti�s, and the appli.cutian thereof as afor�saxdP
<br /> sha1.Z na� �vaive or auro any default or nati.ce of defaul� he.reundex, or �
<br /> _— - in�a3.ir3�tc an}• �ct �one gurst��n* r_o quch notice. Trustar assiyns ta '
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<br /> Hene�ficiary, as fur�her security for the performanca of the indebtedn��� ,
<br />� and ohligations aecured heraby, all prepaid rents and all maneys whi.ch max
<br /> l,avA t�eAn or mav hereafter be dePasited with Trustor by any lossee of th�a
<br /> � p�opa�:�y, to secuxe tho payment of any rent o� damag�3, anc� ugan de=au�� in -'-
<br /> �.he performance af any af the provisions hereof, Truator agxoes to de�ivc�x
<br /> suah ren�s and dapaeits to Beneticiary. Aelivary of cori��en not�.ce of
<br /> Beneficiary'� exercisc� of the rights granted by thia paraqrapk� T}iIRD t� anS►
<br /> tenant ocaupXing tha Propezty or any portion thereof aha11 bs sufficien� tc�
<br /> � require said �enant to pay said rent to Heneficiary until Eurthex 110�1.RA.
<br /> ' FOURTH� If thexe shal.l be filed by or against the Trustpr any peki.-
<br /> � tinn or proceeding seeking an arrangement or campoa�tion or ext�nsion ox
<br /> ° any other relieE undex or Nursuant to the Federal J3a�nkruptay Code ar any
<br /> other s�.mi].ar statute as now or hereaf tor in effect, or if the Trustar.
<br /> shall ba adjudicated bankrupt or insolvent or any of Trustc�r's propexty
<br /> `, shall have been sequesterod and such decre� shall have conti.nued undie-
<br /> 2 charged and unstay�d for 90 days af�er the entry �horeof, then the whalle of.
<br /> " the Nates and indebtedness hereby secured shall, wa.thou�. notice, at t}:e
<br /> f' � option of the Bene�iciary, become due and Fayable.
<br /> � � FIFTH: Upon default by Trustar in the payment of or pexfarmanc� o£
<br /> � � the terms and conditions of the Notes, or any renetaals, mc+�lificati.Qna ox
<br /> �' � executions thereof, the payment af any other ir�d�btoQi�ess securccl her�b�� ox
<br /> - � in the perEormance of any agx•eement, covenant or warranty herein conta�.nea�
<br /> " or se�. farth in any agreement or instrument executed by TrustQr in can�
<br /> �; I nection �aith the indebtednESS hereby secured, t3eneficiary may declare aJ.l
<br /> ;_ � sums secured hereby immadiately due and payable and the samn shaJ.l theK��
<br /> � upon become due aad payable withou� presentment, demand, protes� v� tj���i.cc�
<br /> '' � of any kind. Thereafter� Heneficiary may deliver to Trustee a writtan
<br /> ;�� I declaration of defaul� and demand for sale. Trustee shall have the pa+a�ar
<br /> ; I of sale of the Property and if Benefic iary decides the Praperty ia tc� b�
<br /> j i eold� iL- shall deposit with Trustee this Deed of Trust and the Notes ox
<br /> , notes and any other documents evidencing expenditures securod hereb��, and
<br /> i shall deliver to Trustee a written notice of default and election to CdUAE'
<br /> the Property to bc sold, and Trustee, in turn, shall preparo a similir
<br /> , notice in the form required by law, whicl� shall be duly filed for rece�r.�? b)�
<br /> � Trustee.
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<br /> ' (a) After the lapse of such time as may be required by law followi,n�
<br /> ! the recordation of Notice of Default, and notice of Defau].t and Vatice
<br /> � of Sale having been given as required by la��, Trustae, without dc�mand
<br /> � � on Truator, sl�al]. sell the Frnperty hezeinbefore de�cribed, and any
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