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r' <br /> _ y H ' ' • �,�� <br /> , .. � �'�.. �Z t � .. ,y'�T�A�,.-��.� <br /> .i , i. . . .i_$. � . - ..16rya.r*'teMQ�ll���1 <br /> � ' . ' �� . .,�.'t'� <br /> • i 1 . � <br /> �� •� , . . . � v.• <br /> • • � �� ' . _ '; <br /> . , .� <br /> Lsndsr. Ths loregoinq Marranti�s and r�pre��ntation�, �nd ' � , <br /> �orroMnr'r obliqation• purauant to th� lor�qoinQ indwnnity, �h�11 <br /> �urviv� r�paymont o! th� Not� •nd th� r�oonv�ymnc�e o! t�i� lir�d . <br /> o! Tru�t. <br /> 9. Assi nment ot Rents Menn ement of Pro ert . A• <br /> r�dditional �scur y ereun er, eorrower ers y •�a qn• to �end�r <br /> the xent�, isoue� and protita a! th� Property, provided th�t <br /> Horrower shell, prior ta aaoelsration und�r paragr�ph li h�xao! <br /> or abAndonmanC of rhe Property, have the right to aollea� and <br /> rete�in suah rents, isauea ana profits as they beaome due and pa�y- <br /> abla. Upon acaeleration or abnn8onment of the Property, Lender <br /> tn�y� either in person or by aqent, with or without bringing any <br /> - action or proceedinq, or by a receiver appointed by a court e�nd <br /> . .,�;: ��.;��.,, without regard to the e�dequaay of ita aecur3ty, enter upon and <br /> ::�,,,.� take poaee�eion of the Propexty, or any part thereof, in �te oWn <br /> ...:�,A��':', ,�Y:..,,'..;._•:.-r:'i',.�( <br /> ;;ei�J�F�r E�, �Y:js?r1:°����.,�;t;j;tr y,4. 4'�UAe Ol .�D the 111dp1e Of �fl@ Trustee, and C�O Afly dCtS W�l�C�1 � <br /> �•+`�.'. r•T' J� ��r� <br /> I f, ,�, .�..,���,, , ��r',',1..;��,,.,��f::r,.s��s�,��� r�eams neaessasy or desireirle to�pre�a�rv�� the value, market�bility <br /> r ; . <br /> '`� ' ` or rentability af the Pro�erty. or an� �p�ar� tl�exeof or intereet <br /> '' `" <<,�;,�;�,',f `` .5 'F��i+ therein, inarease the income therefrom oz protect the aecurity � <br /> :':,�.. .. '.;�t4;;::':�;:•,";'��t,�r��;.�; hereof and, with or without tak:ing poesesaion of the Property, `" <br /> `�� ;1 � ���'��.�>'�'��'�����'����•�'%;� sue for or otherwiae colleak the rents, iseues and profita <br /> ^.". . ., �v..:;�...•.,`�:.�;��:,.;��7;�:�'•',4a <br /> `,,,;;:. : ; :. : .:,:..•. :. • thereof, including those past due and unpaid, and apply the same, <br /> ��.. <br /> "�.::;:�: 'i!:,;:;;,�:'>,I��;','.��,,;;�;:,,_;:c.�, leea oosts ane expe»ses oi operation and colleation, inclad ng <br /> t �',�:� attorneys' feea, upon any indehtednese seaured hereby, all in <br /> � `�'�"�'� , .. euah or�ier as Lender may de�ermine. The enterinq upon and takinq <br /> '�� '• `" poaseaei.on of the Property, the aolleatiion of such rentie, is�uee <br /> �� a�nd profi�s and the appliaation thereof $s aforeeaid, shall not <br /> ___ cure or aaive any default ox notice of default hereunder or <br /> � .. invalida�e any act done in reaponee to euch defaul� or pursuant <br /> � to such notice of default end, notwiChstr�nding the continuance in <br /> possesefon of the Property or the collection, receipt end applica- <br /> � , " tion of rente, issues or profits, and Trustee and Lender �thell be <br /> entitled to exarcise every right provided for in any of the I,oan <br /> . . Instirumenta or by law upon occurrence of any Event af Defeulti, <br /> � including, wi�hout limitation, the right to exercise the poaer of <br /> �� . sale. Further, Lender's rights and remedies under thie paragsaph <br /> 9 ahall be cumulative wi�h, and in no way a limi�ation on, <br /> ;�;� � , Lender's riqhts and remedies under any Aseignment of Leasee and <br /> .,� Rente recorded against the Proper�y. Lender, Truatee and the <br /> � � , receiver shall be liable to account anly for thoee rents aatually <br /> � .� rece ived. <br /> �r <br /> �� -; <br /> ' 10. Events of Defaul�. The following ehall aonetitute <br /> An Event of Defau t un er t s Deed of Trustis <br /> � • (a) Failure to pay any installment of <br /> '�;:�'�.. prinaipal or in�eresti or any otlier aum secured hereby <br /> '�ir,;..;... <br /> a�. , when �ue, or failuze to pay when due any other indebted- <br /> � � nesa of Sorrower to Lendex= �. <br /> .,;�.; <br /> ' (b) A breach of or default under any provi- ��'°.� <br /> aion contained in the Note, this Deed of Trust, any of <br /> the Loan Instrumente, or any other encumbrance upon the <br /> � Proper�y, after giving effect to any applicable cure <br /> , � period con�ained therein= <br /> � <br /> ` (c) A writ of execution or attachment or any ! <br /> ; � , similar process shall be entered against Horrower which I <br /> � shall become a liQn nn the Property or any portion <br /> thereof or interest �hereint � <br /> . � f <br /> �� (d) There shall be filed by or against � <br /> - � - � tiorrower Afl dCt1011 QRUf3L ni�y �JLCSGIii. vi �u�u�v ia^,t�..^.:.°.�� l <br /> '� state or other statute, law or requlatfon relating to � <br /> ; . bankruptcy, insolvency or dther relief for debtors= or � <br /> ; � �� there shall be appointed any trustee, receiver or <br /> �� li.quidator of Horrower or of all or any part of the ; <br /> "+� � Property, or the renta, issues or profits thereof, or <br /> I � �';��` � �'' �• � Borrower shall make any qeneral assignmen� for the . , <br /> . r . benefi� of creditoraj <br /> � : � ; <br /> ,�� � � ,. <br /> 4� • , <br /> , :} , -9- } <br /> s <br /> � - <br />