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<br /> thereon at the default rate provided in the Note, which ahall be
<br /> added to the in3eb�eaneQa seaured hereby. Benefiaiary �hali nat
<br /> incur dny liability beoa�use af mnything it rnay do ar omit to do
<br /> i� hereunder.
<br /> ��
<br /> 8. Aesi nment oP Rents Mana ement of Pro ert . As
<br /> �dditional eecur ty ereun er, Truotor ere y ass qns to eenefio-
<br /> iary the rents, iseuas and progits of the Property, provided that
<br /> Trustor ahali, prior to acceleratfon under paraqraph 10 hereof or
<br /> abandonment of tha Property, have the right to aollect and retain
<br /> such rents, issuea and profits as they become 8ue and payable.
<br /> � .��;'' Upon acceleration or abandonment of the Property, Beneficiary
<br /> may, either in pereon or by aqenk, with or without bringing any
<br /> actioa or proceeding► or by a receiver appointed by a aourt and
<br /> , :j�.�;��.� .: without regard to the adequacy of ita security, enter upon and
<br /> "��,�� ,�,�,.1;:,:-.--.- .��- take poesession of the Property, or any part thereof, in its own
<br /> - �.::...... ' ,. ., name or in the name cf the Trustee, and do any acta which it
<br /> ° ��� �" " ' � deems necessary or deairable to preserve the vAlue, marketabSlity
<br /> � � or rentability of the Property, or any part thereof or interest
<br /> ' � � `.�' �: '-.r �. � therein, inarease the income therefrom or protect the security
<br /> � ���il`�µ..� � hereof arid, with or without taking possession of the Property,
<br /> j�„w-#�r:iY;`.'`�`
<br /> 5:,r:`6;�,�t�..,, : aue for or otherwiae ccllect the rents, issues and profits
<br /> . ,.����-..:� ' thereof, includinq those past due and unpaid, and apply the same,
<br /> - � � . " � less costs and expenses of operation and collection, including
<br /> ;;� • 'r ��:.r::r. �•� . �� attorneys' fees, upon any indebtedness secured hereby, al.l in
<br /> �� � auch order as Beneficisry may determine. The en�ering upon and
<br /> +c • "`'` � - � ta.king gflesession of the Progerty, the collection of r�u�-h renes,
<br /> `� i%�-�;. . ,. . " � issues and profits and the applic3tion th�reof as afore$aid,
<br /> i��;:.': `; o',,:r��;"��� shall no� cure or waive any default or notice of default here-
<br /> _� ° � ��� under or inva�idate an act done in res onse to suc h de fau l t or
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<br /> . �• .�t; '�:.. ." , n
<br /> ' �' � or< • . }, pursuant to such notice of default and, notwithstanding the
<br /> • �%?`.�,?>.�
<br /> � n . • continuance in possession of the Pxoperty or the collect3on,
<br /> �..,,., :��;�h.,,. ,
<br /> c, •• • receipt and application of rents, issues or profits, and Trustee
<br /> � .;•�' and Beneficiary shall be entitled to exercise every right
<br /> �'''� � • � provided for in any of the Loan Instruments or by law upon
<br /> � �� occurrence of any Event of Default, including, without
<br /> .;;,!;'.;.. `_ • .`:',,,
<br /> limitation, the right to exercise the power of sale. Fur�her,
<br /> '� ; ',�����"'' ° • • Beneficiary's rights and remedie8 under this paragraph 8 shall be
<br /> �"��; . _ ,�.:..�: '�w�-.� cumulative with, and in na way a limitatior► on, Beneficiary's
<br /> �°,'`� t• ��� '""""""�� rights and remedies under any Assignment of Leases and Rentis
<br /> " � '' `�" �" '' �� recorded a ainst the Pro ert Beneficia Trustee and the
<br /> �'.+ ' :�,:s�: .. , 9 P Y• rY�
<br /> �.,r f._'�:,`�}�.s""""�` :� receiver shall be liable to account only for those rente actually
<br /> , .. �r�:a::: o. . •�� reaeived.
<br /> ' �•���1��� 9. Events of Default. The following shal]. constitute
<br /> =:�.. �� � -� "��'`-"`-1 an Event of Default under this Deed of Trust:
<br /> ,\
<br /> . ' (a) Failure to pay any installment of
<br /> � . �rincipal or interest or any other sum secured hereby
<br /> t � •;::�:y. . . � when due, or failure to pay when due any other indeb- ` �
<br /> ;+ • ' " tednesa of Trustor to Beneficiaryj
<br /> :i�� • ,, . '�r,;-.
<br /> ,'�j,- 4� ' ' (b) A breach of or default under any provi- ;,;�'
<br /> ,,,,,.:��, sion contained in the Note, thie Deed of Trust, or any Mi;.,.
<br /> �!�' ' .; :;�: ���'�' other encumbrance upon the Property, after giving :,
<br /> ,��r-�ii�� - ,;..;��;��:;:
<br /> �-�. . ,,,:;,: �,,:, effect to any applicable cure period contained thereint ;
<br /> �,��; ,��... ,,;;±:;ti���
<br /> ����� (c1 A writ of execution or attachment or any
<br /> .. � i. .. . �� �; ;� . �
<br /> ,� �,, . ..: ��,.+1�,�;
<br /> similar process shall be entered against Trustor which
<br /> ';�q� ';�+:•�,", sha11 become a lien on the Property or any portfon
<br /> �" � � thereof or interest therein= '
<br /> " . � � : „ �� (d) There shall be f iled by or aqainst �
<br /> � '. Trustor an action under any present or future federal,
<br /> � '� ' '�d . state or other statute, law or regulation relatinq to
<br /> °: : .� . . '° ,, bankruptcy, insolvency or other re].ief for debtors= or �
<br /> there shall b� appointed any trustee, receiver or
<br /> � . °� . ,' li quidator of Trustor or of all or an y part of th�
<br /> �r Property, or the rents, issues or profit;s thereof, or
<br /> +� � Truator shall make any general assignment for the
<br /> - • , .,,�,,, , benefit of creditoret .
<br /> �;:-- --�;,- -
<br /> j � '`�� �,, (e) The sale, transfer, asaiqnment, convey- �
<br /> _ �. : ' ance or further encumbrance of all or any part of or
<br /> :
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<br />
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