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<br /> . . 4� ry1� ��� c� : .
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<br /> � . �� � . . * �
<br /> Lencler. The foreqoing
<br /> wassanties and re�rese a lo�oo� ' � ,
<br /> -�,���:�'� 8orrai,ter's o�liqations parsaant ta the foregoing indemnity, sha21 , ---
<br /> ;���. eurvfve repayment o£ the Note aad the reconveyance of this DeeS �_
<br /> ��. - of Trust. ' � • . . �'-
<br /> — . � ��-
<br /> - =�`� 9�. A$si eht of Rentsf Mana ea�at af Pro rt . As . �__---�--_. ._.
<br /> - �s- ad8itional secur tx ereua es, Borrower here y ass gn,s_ ta Lencler ' ' �.__
<br /> the rents, f ssnes as�l� gro#its of the property, provided that "���----
<br /> " � Borrc�er shall, psioII �o �cceleration uader paraqraph I1 hereof '°"`Y �
<br /> �_,�.����-�=;�.
<br /> or ahandonment af �he�Broperty, have the� right to collect and �:..a,,..;-;��
<br /> � retain such ren�s,, ��ssues aad grQfits as. they beacurte due and pay- . � -
<br /> ahie. Upon accetezaticn or at�andonacent af the Progerty,, Lender L��-�=
<br /> � «F �___. . may, either in �a.*soa• or by aqent, �ith� er withont bring�tQ anY :-:
<br /> actioa or proceec'd�in�g•r -or by a receiver appointed- by a couzt aad �="��F�,
<br /> . withaut regard� to�-�he adequacy of its seaurity. enter uRon and . ._:;�_`-;.��=-==_-
<br /> �: ��, ' take possession� o�-tlie Property, or aay part theieof, fn its own =__
<br /> : `-�`c-�- natae or in� the name of the Trus�es, and do any acts which it , :-=
<br /> , _ �� -�� �:� deems aecessaxp.• o� desirable to preserve the value, marketability . _ _
<br /> .� �:: "� or rentabili�yr af the Propertp, or any� part thereof or.interest � - _
<br /> , x,_ . , _
<br /> � ' t h e r e i u�,. i a c r e a s e t h e i n c o m e therefroar� or protect the secar i t y . • . -
<br /> . y� :__,�. . . hereof anc3�.., w�fth� or withont takimg, possession of the Proper�y, ,�•`_-_
<br /> - �'��:�:��: ' s�e for or o�rwise collect the� reats, issues aad profits , __
<br /> �..;�, ,r - �. thereosf,. incl�tdiitq those past drne and unpaid, �na apply the sa�a.
<br /> ' � " less coatQ and expenses of eperation and collection, fa�lu�q �
<br /> � ., r._ , � . �s-
<br /> , ,:s.-.-:.,: .. -
<br /> Y � .,.�.,;...:.,�. . .
<br /> ����:::,� �.�>�i attorneyra� � fees. npoa any indebtedaess� secnred -here�g,;;.°al2 i» _� ...,.__-�. .—.-
<br /> � .''r 4:�� ;' .
<br /> � :�=`r,:� `.°��%,�'` - ° such order as Lender may determi.ne. The enteriaig.ug�;�d takinq ; �- —
<br /> � '�*: ��.�'�:�:.� . gossession of �hhe Property, the collection of �c.i� �ts, issues '''��:
<br /> . n. tl�.�.'..'•.• ' . .. .. �..3—�
<br /> ' . .�Y11iy,.�SL..:.�.
<br /> � <� •�;,� , ancd� profits �and the application thereof as aforesaid, shall no� � �:�_•_=.
<br /> h
<br /> . '":��F�£�.�S�.rrL'/`:.� �.�-'*�-_��.
<br /> L{.� �S�?:";'7:c;.' . � .- .�._ -�.
<br /> >..,,.,,.-, ,� cure or waive aay defatr�t or. notice of default hereunder or � � __
<br /> • ,;, '' invalidate any act dost� �:Zresponse to such default ar.pursuamt _ �+...--_°
<br /> `' .�.�����`;��' �. �` '� : , to such notice of defa���:"a�o �qtwi'thstanding the con�inuance in . , '�{��
<br /> �` ' .�
<br />.�2 j � ,;��'�y`''�� ' �; passession of the Prop�s� ��.�� aollectioa, receipt aad applica- } . . , ;.' ��, .
<br />_ r,. ,��
<br /> tion of reats, �ssues ar.��res��t�,,. and Trustee and I,ender• shall be �
<br /> `'�, .{rdk;'s". ..
<br /> :�-i•�: �;t�4�"� �, � �'entitled to exercise every rig�� provided for in any of the Loan � .- �:�_ e='
<br /> . ;;�;;��';;_','.; Ins t r u m e n t s o r b y l a w u p o n occ urrence of an y Event af Default, � � :� . _
<br /> � ' '�°`l ''�° including, witha�t limitativn, the r•iqh� to exeraise ��e power of - -
<br /> . ,,,�,:,,,. �
<br /> �;,,•�.;;.�..,.�:. + • .
<br />� `'�°%���� sale. P'urthero .:ender's rights and remedies uzLder• tt���w �aragraph . ,
<br /> ,;:;•. �:./.�'. : �,
<br /> � � �'i�:Ya,>;��,i;.�`� ;,_, 9 shall be cu�_Za�ive witb, and in no� way a Sni�.ita�.L�.� on, ! . . .
<br /> ..'����'�_{hly;, I+ender's rights and r�-�redies under an�r Z�ssi.g��nt �� �ases a�d s �. � :.•`r:
<br /> . -�-_-
<br /> � � � � � Rents recorded .aga3-�r..:;� �he Property. � �.�nder. Trus�c�: �ains� �Ece, ; ,.;,,hv:_.
<br /> ' 'M:: ' receivE.r shall �-= 3i:a�U_ to acaount omT� for those reilt� acti�3tx��. ;,. F . _, ;fr�;;
<br /> ',�' : , 5' :i'tn,:
<br /> � ���;:��: � ��eceived. � . . �..,:; . .�::T.•.
<br /> :�:i•:•�'{j!!a � � . �.�'.s'"� ; �. ; ,:r.2,. ,.. �..
<br /> .'��i':+tj�+S� - 10. �r�Qnta of Defas�+r. The� followi.rG� �shafi�:� �onstitute ; `� �; -''1��;' , �,�� �
<br /> �:�7 . , .
<br /> �• an Event of De �ult under t s Deed of Trust: � � .. t':'�+"'.` :',%�,���t;;�.
<br /> � • •• • � ��'� `'�'n,'P`r
<br /> .. `•.': •.•r..,}.
<br /> . ,.,';. . -:t;4:;'. '.r ,.�. �
<br /> �,..;� ;Sa) Failure �o pay any inst�:7:��z�� �f �..5�:5..,;�:-..
<br /> �:::.�;�,{ ` , .,;;1.;;�",y�'; .t)`..:...
<br /> �� principaZ hr interest vr �ny other sum �cca��� �ereby ,:;:,i;::�;:°,, .;:. `
<br /> . ,,,,;,.. :
<br /> , � ��j''"`'`:. ► . whe» due, �r failure to �a�. when due any °i=.Xa�rr�it?debted- - .'��:"`: �, :
<br /> . • �.. � ness of Borsawer to Lend�'�; '- ' � = ��
<br /> � . , , , .
<br /> � (b) A bre�ci�, n�„�a� ,3�e�ult undea ariy ���avi- � ' �"
<br /> � �� sion contained in the No��,r �:a Deed of,Trust: �1 of � . �
<br /> . • the Loan Instsuments, or any o�her enatuwi�nce n�irn.�. the
<br /> � � � � . . Property, aftex giving eEfect to any applicaltl� cvre
<br /> . per3o8 contafned�thereint � .
<br /> ir) A writ of executivn os attao�unent or any
<br /> . similar pracess shal2 be erntered aqainst� Borrvwer which '
<br /> t �� shall become a I£en on the Property ar any partion
<br /> � , � thereof or interest th�rein= � �
<br /> . � �; td1 There sha21 be filed by or against
<br /> " Horrower an action under any present ar futnre federa2, . .
<br /> "" � state or otRer statute, 2aw or regulation relating to
<br /> • � ' E . bankrnptcy, ir�sa►2vency or ather relief £or debtars; or
<br /> � ° there sha2l be appointed any trustee, receiver or
<br /> � t
<br /> 2fquidator of Barrawer or of aIZ or any part of th�
<br /> • f Property, or th� rents, issues ar profits thereof, or
<br /> ; Horrower s2�aII make any general ass�gnacesst for the .
<br /> _ - _- -_ - -- - - — b�aef** _��_cr�i�c��s:
<br /> � .. _
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