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200113624 <br />(a) Trustor shall have failed to make <br />payment or any installment of interest, prin- <br />cipal or principal and interest or any other <br />sums secured hereby when due; <br />(b) There has occurred a breach of or <br />default under any term, covenant, agreement, <br />condition, provision, representation or war- <br />ranty contained in this Deed of Trust, the <br />note or any other loan instrument secured <br />hereby; <br />(c) There has been a default by the <br />Trustor in the payment of any prior or subse- <br />quent lien or encumbrance in respect to all <br />or any part of the property; <br />(d) Trustor shall file a voluntary pe- <br />tition in bankruptcy or shall be adjudicated <br />bankrupt or insolvent, or shall make an as- <br />signment for the benefit of creditors in re- <br />spect to the property; or an action to en- <br />force any lien or encumbrance or judgments <br />against the property is commenced. <br />12. Acceleration Upon Default. In the event of any de- <br />fault, Beneficiary may declare all indebtedness secured hereby to <br />be due and payable, and the same shall thereupon become due and <br />payable without any presentment, demand, protest or notice of any <br />kind. Thereafter, Beneficiary may: <br />(a) either in person or by agent, with <br />or without bringing any action or proceeding, <br />or by receiver appointed by a court and with- <br />out regard to the adequacy of any security, <br />enter upon and take possession of the prop- <br />erty, or any part thereof, in its own name or <br />in the name of the Trustee, and do any acts <br />which it deems necessary and desirable to <br />preserve the value, marketability or rent- <br />ability of the property, or part thereof or <br />interest therein, increase the income there- <br />from or protect the security hereof, and, <br />without taking possession of the property, <br />sue for or otherwise collect the rents, is- <br />sues and profits thereof, including those <br />past due and unpaid, and apply the same, less <br />costs and expenses of operation and collec- <br />tion, including attorney fees, upon any in- <br />debtedness secured hereby, all in such order <br />as Beneficiary may determine. The entering <br />upon and taking possession of the trust es- <br />tate, the collection of such rents, issues <br />and profits and application thereof as afore- <br />said shall not cure or waive any default or <br />notice of default hereunder or invalidate any <br />act and in response to such default or pursu- <br />ant to such notice of default and, notwith- <br />standing the continuance in possession of the <br />property or the collection, receipt and ap- <br />plication of rents, issues or profits, Trus- <br />tee or Beneficiary may be entitled to exer- <br />cise every riqht provided for in any of the <br />