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<br /> � � ,93- 10AS�
<br /> +� � i.ender. The �oregoing aarranties and repreaentationa, aad
<br /> j�" Borrower's obligations pursuant to tha foregoinq indetnnity, shall
<br /> s;�;�' survive repayment of the Note and the reconvoyanae of thie Deed
<br /> �?� oi' Truat. •
<br /> la. �
<br /> ;?�" �
<br /> .:-� r��. 9. Aaei nment of Renta Maaa ement of Pso ert . Ae
<br /> ',:��� �''� � additional aecur ty ereun er, eorrower ere y aas gns to Lender
<br /> '• ��' �I ,.�s��,� � Lhe r�ata, isauea and profits of the Property, provided that
<br /> '��i'�r�;� ` ',�':;� ::,.;;.� Borrower sha�l, pricr to aaceleration under paraqraph 11 hereof
<br /> � : .^h
<br /> ' or abandonmer�t of the Property, have the righ� to collect and
<br /> � � • ��"; retain such rents� isaues and profits a� they beooma dae and pay-
<br /> ; '`•'�'J � '''t" le U on acaeleration or abandonment of tho Propezty, Lender
<br /> ab .
<br /> P
<br /> ' � .���� � '� ma either in erson or by agent, with or witihout bringing �ny
<br /> •...��,. . .,. ...i�
<br /> Y, P
<br /> r �s,;,;.y;:��` '-:' ' action or procoeding, or by a� reoeiver appciated by n court an
<br /> „ k` _,; :�J�,-r.:�:�,.;`: ��: without regard to the aclequaay of ita oecurity, enter upcn and
<br /> t e k e p o s o e s s 3 o n of the Pro port y, or an y part thezeog, in i.ts own
<br /> �' - �',�-��`'."�'�"„ , nt�me or in the nanie o! the Trustee, and do any aate whiah it
<br />- k�' ' � " � '� deems neaessazy or desir�ble to pre�erve the value, nu�rkstability
<br /> 1i � ' ' t tltereof os interest
<br /> � Pro ert or an ar
<br /> ��'� � or rentabilit of the p y� Y P
<br /> �. . . . Y
<br /> therein, increase the income therefrom or protect the security
<br /> ° , . � hereof and, with or without takinq possession of the Property,
<br /> . sue for or otherwise collect the rents, isauea and ptofits
<br /> r �_ :� , � thereof, inc ludinq those past due and unpaid, and apply the same,
<br /> � ,..�. �,. ., � " leae aosts and expenses of operation and colleotion, inaluc3ing
<br /> '� � attorneys' fees, upon any indebtedness secured hereby, all in
<br /> ��� ' ' � ->�:`,�� such order as Lender may determine. The enterinq upon and taking
<br /> � ;, :,� .. �..:
<br /> � .,; '�'��'>�'� posaession of the Property, the callection of such rents, issues
<br /> 4° �'�u'� {� " �� ��- �° and profits and the application thereof as aforesaid, ahall nat
<br /> :�. a,;-
<br /> � .� cure or waive any default or notiice of detault hereunder or
<br /> �.. . , . , �
<br /> � �r;. invalidate any act done in reaponse to suah default os purauant
<br /> „ �,
<br /> ,� �. to such notice of default and, notwithstandinq the continuance in
<br /> !• ; possession of the Property or the aollectfon, rece3pti and applica-
<br /> ' '" tion of rents, issues or prafita, and Trustee and I,ender shall be
<br /> � ; ., . '
<br /> entitled to exercise every right provided for in any of the �oan
<br /> • Instrumenta or by law upon occurrence of any Event o£ Aefault,
<br /> '�� �� � '`,'���';�j includinq, without limitation, the right to exercise tbe power of
<br /> •;�'•�ti � '����'��:�'• sale. Further, Lender's rights and remedies under thi� paragraph
<br /> ,,���� �, � : 9 shall be cumulative with, and in no way a limita�3.on on,
<br /> ' '� � < � Lender'e rights and remedies under any Assignment of Lc�ases and
<br /> �' �!����� �� Rents recorded aqainet the Property. Lender, Trustee and the ���
<br /> < :r.,, . o., .,
<br /> � ���� . receiver shall be liable to avcount only for thoee rents actually
<br /> ,
<br /> ��r'�,, , . �:� received.
<br /> '{',; ,'. . ,'
<br /> ! '�� 10. Events of Default . The following shall constitute
<br /> � an 8vent of Default un er t s Deed of Truc�te
<br /> `,�y..: _ _ ,,• ,
<br /> (a) r'ai3.ure to pay ai�y inatallm�j�L oi ,
<br /> f ; � � � principal or interesti or any other sum secured hereby ;+.:
<br /> I�����. �, •� when due, or failure to pay when due any other indebted- �;;
<br /> ,
<br /> � �,r; - ' ..:�;�.:, nese of Borrower to Lenderf ';:
<br /> � ' � (b) A breach of or default under any provi- ^
<br /> Y'��. � • sion contained in the Note, tihis Deed of Trust , any of �`.
<br /> ��'� the Loan Instrumen�s, or any other encumbrance upon the �
<br /> ���' � � '� Property, after giving effect to any applicable cure !
<br /> i�t ,.�_� �� � period contained therein s i
<br /> a , .
<br /> fi,.�� � ;, , (c) A writ of execution or a�tachment or any
<br /> ��., , ' °� �,
<br /> }:�,1� similar procesa shall be entered aqainst Sorrower wh3ch
<br /> �;;�' ' � ':� " , shall become a lien on the Property or any portion ..
<br /> ���t;,`_,_.�. ��, thereof or interest therein= ;
<br /> � _ �„ _� ,.._. .:...,4
<br /> 9 (Q� Y'l7@r@ SRti11 UC L11C4 uY 'vi �+y�.+•..��
<br /> ;;:T� ,, '' � Sorrower a� action under any present or future federal, ,
<br /> , , � � � state or other statute, law or regula�fon relating to
<br /> �` > ` ," � ,., ,� bankruptcy, insolvency or other relief for debtors� or
<br /> �' �':�er� there ahall he appointed any trustee, receiver or
<br /> <�� �� � ' � `'''��;�'�,�.`if: liquidator of Borrower or vf all or any part of the
<br /> i� . � �,� Property, or the rents, igsues or profits thereof, mr
<br /> �•� � " Sorrower shall make any general assignment for the
<br /> i�� r , „ . benefit of creditors=
<br /> � ' i� o ,
<br /> �`' �� :���
<br /> � � .
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