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<br /> . y Lender. The foregoinq warrankies and represen�ations, and
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<br /> � Horrower's obliqations pursuant to the foraqoing indemnity, s a
<br /> �� �' ^* snrvive repayment of the Note and tlte recoaveyance of this Dasd
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<br /> "'�"�"��� 9. Assi nmen� of Rents Mana ement of Pro ert . As
<br /> _ �'• • Additionai secur ty ereunder, Horrower ere y aas gns to Lender _
<br /> -----_,.�.d,a.::.,�.. p rovided that � �
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<br /> the renta, issues and prafits of the Pro erty, p —
<br /> �;;�;��;.r ;,:.:,,� Harrower sbal l, prior to acceleration under paragraph i l hereof
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<br /> , �..:,: , or ebandonment of the Property, have the right to colleot an
<br /> � ' retaia suah rents, issues and profits as they become due and pay-
<br /> . }��-" � able. Upon acaeleration or abando:unent of the Property, Lencler _
<br />`� ,'�3�%+��'�:'"� may, efther in person or by agent, with or without brinqing any _�
<br />,�, t�;,;�. action ox proceediag, or by a receiver appointed by a court and
<br /> , � without zeqard to the adequacy of its security, enter upon and
<br /> ';� �r�•• �� � take posaession of the Property, ar any p+�rt thereof, in its own
<br /> J',, a,�y name or in the name of the Truatee, and do any aots which it
<br /> "� deems aecessary or 8eairable to preaerve the value, marketability ____
<br /> �", ���� or rentability of the Property, or any part thereof or interest
<br /> ��� - °�!��-� ��� therein, inarease the income therefrom or protect the seourity
<br /> "� � hereof and, with or without takinq posseasion of the Property, ��_:`
<br /> • �,t;� " . � � aue for or otherwise collect the rents, issues and profits -�.�.=
<br /> � thereof, includinq those past due and unpaid, and apply the same,
<br /> � .��.�;r ' less costs and expenses of operation and collection, including _
<br /> ` attorneys' fees, upon any indebtednesa secured hereby, all in
<br /> � � auch order as Lender may determine. The enterinq upon and takinq �--
<br /> . �',,�� „ posaession uf the Property, the collection of such rents, issues �;,A,.�;�r;
<br /> ��;; . , and profits and the application thereof as aforesaid, shall not __,ti _
<br /> ' cure or waive any default or notice of default hereunder or _
<br /> � ~`�� invalidate any act dona in response to such default or pursuant ��...
<br /> , to such notice of default and, notwithstandinq the continuance in
<br /> ' posseasion of the Property or the collection, receipt and a�plica- ��y-�
<br /> -� tion of rents, issues or profits, and Trustee and Lender shall be �.��;
<br /> � entitled to exercise every riqht provided for in any of the Loan
<br /> - � � Inetruments or by law upon occurrence of any Event of Default, __�_
<br /> ' � includinq, without limi.tation, the right to exercise the power of �,r.,,�._�.
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<br /> sale. Further, Lender's riqhts and remedies under this paragraph � ___
<br /> . � � .. 9 shall be cumulative with, and in no way a limitation oa, �"�.�`a�:=. ..
<br /> � Lender's riqhts and remedies under any Assignment of Leases and - _
<br /> � Rents reaorded against the Property. Lender, Trustee and the ��T�� � y�.�
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<br /> •• � receiver shall be liable to account only fcr those rents actually _. _
<br /> � reaeived. ° „ .
<br /> 10. Events of Default. The following shall constitute �A;�,�•,,_.:
<br /> °: .,. ° an Event of Default under th s Deed of Trust s s=,-��'?'"'-°
<br /> ��:.:.:_-
<br /> ; � � � ' (a) Failure to pay any installment of �+��=
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<br /> :_� � princfpal or interest or any other sum secured hereby , _ _
<br /> - when due, or failure to pay whett due any other indebted- � � �.° '
<br /> . " nese of Horrower to Lender= �' `" #'=
<br /> „ ; .
<br /> (b) A breach of or default under any provi- ;
<br /> . � sion contained in the Note� this Deed of Trust, any of � �
<br /> � the Loan Instruments, or any other encumbrance upon the �
<br /> � Property, after giving effect to any applicable cure �
<br /> perfod contained thereint ; �
<br /> ` (c) A writ of execution or attachment or any �
<br /> similar process shall be entered against Borrower which
<br /> � shall become a lien on the Property or any portion
<br /> thereof or interest thereint
<br /> � ' (d) There shall be filed by or against
<br /> Borrower an action under any present or future federal,
<br /> state or other statute, law or regulation relatinq to
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<br /> ' there shall be appointed any �trustee, recefver or
<br /> liquidator of Borrower or of all or any part of the
<br /> Property, or the rents, issues or profits thereof, or
<br /> � Borrower shall make any general assignment for the
<br /> benefit of creditors�
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