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<br /> . . . . 91 �� .
<br /> ' � lp. Eve___nt�of'Default. 2lny� o� the' fol lottsiig e'vents sha12 �
<br /> t -be deeaed sn event�o'��"fa�tlt hereunderp � . ` �
<br /> � ` '�al Trustor shall haive. €ailsd to make , . , <
<br /> _ - � - � payment of amp.�natallmeat o� i=ttr..�eeFt, .
<br /> - _ grwcipal or, pr�ncspal a�d �.aterest or any �_
<br /> • ' other stma secure,�� hereby wben due= � . � , "
<br /> -- �b) There has oacarred a breach af or � . .
<br /> _° - . . - defau2t uuder.an� term. aovenaat j .agre�meat.. - -
<br />-�� conditioas . p=Q�=�ion, repres+�atatioa ar
<br />�-? was7tnaty conta�.ned'in this Deed of Truet,� or ' . '�
<br /> the Deed of Trust Note secured hereby; - -
<br />-eJ,n . � . . .
<br /> _ (c) . .There has heen a ,default by the --
<br /> � r � . Trustor in the payment of any prior or aubse-
<br /> � qnent lien or encumbrance ia respect to all - _ -
<br /> y.`_:?,� _ d�e.,ang.part of :#3ie property: :.;=;: : : ---
<br /> ..�.. . _ � _
<br />., :;{ ..: - � � . .. �' .:{� �zusti3r sha�l�. �#i�� ,a��:vqlni�tasy..�. '; . �
<br /> , � , .,, .
<br /> t : .... • .
<br /> , :� . . petitis�t�: �a .�akru�st��:-oi shaE37:. be a.ajuc�i- ��. -
<br /> _�. ��. '� � � � cated banlczupt.�r 3.nsolvent. �z:s&ali"make au: -. , , �� �' : � --
<br />� � :� r. � � assignment fa�z'the benefit m!���±creditors� in � � . . �,���,.
<br /> . � -.
<br /> ��µ . . . �- .respect tv t�ie�: propeatg:� �r.�an actian to -. . .. . . � :.- r::�, '.[
<br /> - -enfarce any Zisn or encwnbrance or judgments . � -��-Z -
<br /> r:'� aqainst the property is coa�enced. '�=a�:=
<br /> ,. . - , - ,-:�-
<br />, . �-; � 1�. In tl�e event of any `•`�`��
<br /> Acceleration U�on, Default. -�-�-�:
<br /> � default, Heneficlau.'�y may declare all indebtedness secured hereby� ____-_
<br /> - to be due and pnynble, and the sa�ae shali thereupon become due ���--°--°�
<br /> �. �nd psyabla withont any presentment, demand, protest or notice of ��.
<br /> ' any Tcind. Thereafter, BenefiCZary aiay: - "�'s�'�
<br /> ��-��'�
<br /> :� ,��;;r,
<br /> ` � (a) either in peraon ps by aqeat, with ����`:
<br />� � or withouE bringing Any nction or pYOCeeding, � �� --F�. �::
<br /> � : os by receiver appoirte8 by a court and =�{,,
<br />' . � �� • without regard to the adequacy of. dAY secur- ��� • , _
<br /> .� ity, enter upon and take posgesssan o� the '. --
<br /> �7. property, or any part thereof, in their owa - _� - _
<br /> name or which they deem necessary and desir-
<br />... able to preserve the value, marketability or . � . �.
<br />� rentability of the property, or. past.thereof �
<br /> or interest therein, increase the income , -
<br /> ` �.�� thezefsom or protect the aecurity hereof and, _
<br /> � . without tiaking possession of the property,, , -
<br /> .f•� se colleat the rents, � � . ` �_"
<br />- . z sue fos or otherwz
<br /> , ,�_ �iesues and profits theseof, including those E .. ,.�:`;:�.�(
<br /> . past due and unpaid, and apply the same, less F- _
<br /> � ��.,
<br /> '- costs and exgenses of operatzon and collec- ; ::-,.,.
<br /> tion; inc2uding attorney fees, upon any ' .
<br /> ...-.- �_:.-_ __ _ �_�.- indebtedness secured heseby, all in euch
<br /> _ - --
<br /> _ . ._.� _ _ �-�
<br /> _ . + f -.
<br /> , �:
<br /> order as Hene£iciary may determine. The
<br /> - - - - ,- •
<br />�' ,;���_;'.��� entering upon and taking possession of the � � �.
<br /> truet eatate, the aollection of such rents, ;. ,
<br /> :`s" �=� iseues.and profits and applicatian theseof as ; �
<br /> ' �'����" aforeeaid shall not aure or waive any default �
<br /> ��.-_...r .� ..
<br /> z'-'�"_�Y�° � + or notiice of default hereundeY or invalidate .
<br /> - _:�,:. .
<br /> � • �;;�s;�;T°': • any act an8 in response to such default or ;, � �
<br /> �Y-��' � ��: � pursuant to such notice of 8efault an8, .
<br /> � �_ ;.;_.,. . !
<br /> . ��-- - notwithstanding the continuance i» posseasion . .
<br /> ',,;:°s�;:' oE the property or the collection, receipt
<br />. � `�:��:=:���' `
<br /> �aud applicatian of rents, issues or psofits, ;�
<br /> � _ �Trustee or Heneficiary ma,X be entitled to .
<br /> � ' � exercise every sight provided for i.n any of . �
<br /> : -� � - ;��.,.`��-"�- - the loan instruments ar by law upon oacnr- • � � - -
<br /> � � � � rence of aay event of default, including the �
<br /> ' �s `� �� right �a exerczse the pawer of salet
<br /> • s{: � �
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