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� 99 ios85 � <br /> substitute a successor or successors to Trustee named herein or <br /> acting hereunder. <br /> 9 . SUCCESSORS AND ASSIGNS. This Deed of Trust applies to, <br /> inures to the benefit of, and binds all parties hereto, their <br /> heirs, legatees, devisees, personal represer>tatives, successors and <br /> assigns . <br /> 10 . INSPECTIONS . Beneficiary, or its agents, representatives <br /> or workmen, are authorized to enter at any reasonable time upon or <br /> in any part of the Trust Estate for the purpose of inspecting the <br /> same and for the purpose of performing any of the acts it is <br /> authorized to perform under the terms of any of the Loan <br /> Instruments . <br /> 11 . EVENTS OF DEFAULT. Any of the following events shall be <br /> deemed an event of default hereunder: <br /> (a) Default shall be made in the payment of any amounts <br /> due hereunder, including, but not limited to, any installment <br /> of principal or interest or any other sum secured hereby when <br /> due; or <br /> (b) The dissolution or liquidation of Trustor or the <br /> filing by Trustor of a voluntary petition in bankruptcy, or <br /> adjudication of Trustor as a bankrupt, or assignment by <br /> Trustor for the benefit of its creditors or the entry by <br /> Trustor into an agreement of composition with its creditors, <br /> or the approval by a court of competent jurisdiction of a <br /> petition applicable to Trustor in any proceeding instituted <br /> under the provisions of state law or the federal bankruptcy <br /> statutes, as amended, or under any similar act which may <br /> hereafter by enacted. The term "dissolution or liquidation of <br /> Trustor, " as used in this Section 11, shall not be construed <br /> to include the cessation of the existence of Trustor resulting <br /> either from a merger or consolidation of Trustor into or with <br /> another entity or a dissolution or liquidation of Trustor <br /> following a transfer of all or substantially all of their <br /> respective assets as an entirety, under the conditions <br /> permitting such actions contained in the Loan Agreement or any <br /> event of dissolution of a partnership under applicable state <br /> Law, provided that the remaining partners, if any, elect to <br /> continue Trustor' s business; or <br /> (c) Trustor shall fail to perform or observe any of its <br /> covenants or agreements contained in, or a default shall occur <br /> in, this Agreement, the Loan Agreement, the Regulatory <br /> Agreement or in the Note; or <br /> (d) A writ of execution or attachment of any similar <br /> process shall be entered against Trustor which shall become a <br /> lien on the Trust Estate or any portion thereof or interest <br /> 9 <br />