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<br /> (d) Trustor ahall have procu�ed, permitted or suNered,voluntarily or involuntarlly,eny creditor to ob a p�
<br /> i`'I � permiKed herefn upon all or pah ol such property; Trustor or any guarantor of the Indebtedness secured hereby shall .
<br /> :-+, : become insolvent of admit In writing ila Inability to pay ita debts as they mature,or make an aosignment for the benelN of
<br /> creditors or apply for or consent to the appolMmentof a recefver or trustee for it or for a subalantfai pa�t ol such p►opeAy,or ,,..: ,,,;=:--_ �
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<br /> �' such a receiver o�trustae shall be appomted and ahell not be dlscherged within thfrty(30)deya after appoinlmeM;or ,::,`�q�:.:�
<br /> (e)A wrlt of execution or attachment or any similer proceae ahAll be issued or levied against all or eny pe�t of or interest ! _.
<br /> in such propehy.o�any judqment involving monetery damages ahall be enfered egainst Truator which shell become a Nen � . .
<br /> on such propertyor po�lion thereotor interest therol�and such executfon,attachmentoralmfler proceseor judgment is not � „r
<br /> + released,bonded, satfatied,vacated or stayed withfn slxry(80)days after Its entry or levy;or �
<br /> ' (1) Benkruptcy. inaolvency,reorgenization, errengement,ar Ilquldatlon proceedings or other procee�dings for reliel ' °
<br /> p under any bankruptcy lew o�other law for the reHef of debtors shall be instlluted by or egeinst Trustor or any Guarantor ;
<br /> I hereof and II inalltuted agslnst such perty shall be conaented to or shall oa1 be dlamiased wlthin sixry(60)dAys aRer such� t
<br /> � • � instltution;or !
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<br /> � � (g) Trustor or any successor in inlerest oi Trustor, votuntanly pr involuntarily should sell, exact,convey,tvansfer,
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<br /> ��� � contrect to sell,lease with option to purchase,subl�ase.dispose ol,cha�ge the characte�or use ot,or fuNher encumbe� �•
<br /> such property,orany ipart thereof,or any Interest the�em,or it any said pahiea shell bedivested of tatletosuch real property �
<br /> i of any part thereo9,cr any Inte�eat either voluntarily or involuntarily,or If tltle to such property be subjected to any lien or . �
<br /> � ( � charge voluntarily or mvoluMardy, contractual or statutory, without the written consent of Beneliciary be���flrst had � , �:�.�•..�.,,.,
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<br /> � obtained,or � ` " ;��•;:•'.
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<br /> f�� (h)If T�ustor is��Dartnership and the interest of a general pa�lner te��+�rates,is assigned or transflerred,or is dimmishecD
<br /> . � � in any respect,or iY�rustor is a corporation and a ma�ur�ty ol the vatm�corparate stock is transfe►�ed,&old or assigned,or i1
<br /> i the T�ustor is a Trustee of a trust and there�s a chenge ot ary ot 1+he 8eneiiclal Interest ot the Iruat;o� '
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<br /> � � (�►Trustor shall,without the consent of Beneficiary,create or consent to the eatablishment of a dfatrict wh�c�h nas taxing
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<br /> I ACCELERATION UPON DEFAULT,AO�ITIONAL REMEDIE3:In the event of any default hereunde�,8eneflciary may,at ��'
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<br /> � , its option,: � �
<br /> , � � � (a) Termmate acaitionei advancea,it x�ny,to be made under or p��EUant!o the Pramissor�Nite or any bu�l�ing loan • �.�'�
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<br /> Iagreement;o� •',�,,. .�
<br /> (b)Declare any eum sRCUred hereby immedlately due an�payable and the same shall there upon become due and �:`t:� ,,
<br /> � paya�le without a ny presentmenL demand, protest or notice o1 Any kind;or �
<br /> (c )At any time,w�th or without notice,ef ther in person,by agent,or by recefver to be appointed by the Gourt without ,� .�.
<br /> regard io the adequacy of any security for the indebtedness secured hereby,enter upon and take possession ot such
<br /> property or any pa�t thereof,make,cancel,enforce or modify leases;o btain an d e�ec t tenants,se1 or modi f y rents;in ds own
<br /> name sue or otherwise collect the rents,income,issues and protfts thereof,includingthose past due and unpa�d;and apply
<br /> • the same,less costs and expenses uf operation,including reasonablo ettorney'S1ees,upon any indebtedness secured
<br /> hereby and in such order as Beneficiery may determine;and excRpt tor such application,Beneliciary shall not be liable to
<br /> . any person for the collection or noncollectio��f any rents,mcome,issues or profits 1or the fallure to asaeh or enforce any of
<br /> the foregomg rfghts,nor shall Beneficiary by chargod with any of the duties and obligations of a mortgagee in possession.
<br /> � The entering upon and taking possession of such property,the collection of such rents,income,issues or protits,the doing
<br /> ot other acts herem aut��orized,and the application thereof as oforesaid,shall not cure or walve any detault or notice ot
<br /> delauN hereunder or invalidate any act done pursuant to such notice;or
<br /> (d)Cause to be liled on record,a written notice of defpult and election to sell such property.After the lapse of such time
<br /> as then may be requfred by law tollowing recordation ot such notice of detault,and notice of sale having been gwen as
<br /> required by law,Trustee without demand on Trustor shall sell such property,either as a whoie or In separete parcels,and in
<br /> . such order as it or Beneficiary may determineat publ�c auction to the h�ghest b�dder.Tf�e Trustee may postpone the sale ol
<br /> all or any portion of suCh property by public announcemont at the time ot sale,and from time to time thereatter, may
<br /> postpone the sale by public announcement at the time and placc�ffxed by the preceeding postponement,Trustee shaJ�
<br /> `� I deliver to such purchaser its deed conveying the property so sold,without any covenant or warranty,expres8 or implied.
<br /> � The recital in such deed of any matters of fact or uthe►wise shall be conclusrve proot of the truthfulness theteot.Any person.
<br /> �,• including Trustor,Trustee or Beneficiary,may purcha�e at sa�d salo.Trustee may also sell at any such sa�e and as a part
<br /> � 'I thereol,any shares of corporate stock secu��n5 tne obi��at,on s��cured hereby,and Trustor waives demanp and notice ot
<br /> -j� suCh sele.(Bene°•+�c�ary 8t its option may t�15o�oreClose on such shares by independent pledge s�le,and Trustor waives
<br /> � demand o1 nol�ce�1 such sale.)AHer deduc t�ng all c;osts,lees and expenses ot Trustee,and o1 Ihis trust,including cost o�
<br /> ��'1 evide�ce ot titie ir connection wdh such s�i!e, Trustea shall tirst:ipply the proceeds of sate te 1he paymeM of all sums
<br /> ' expended under the terms he•ko1.�,ot then repa�d,w�th:iccrued�nterest at the rate then payable under the note or notes
<br /> �� secured hereby,and then fa pa��Te�1 ct ali otner su ms secured hrreby.and�t the�eatter there be any proCeeds�emairnng.
<br /> �l � distnbute them to�tie person or persons�egally entitled thereto
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<br /> It th�s Deed ol�rust or any note secu�ed ��e•eby prov�des for any charge for prepayment of any�ndebtedness securea
<br /> na.ar,,. Tf�iC1Af AAfP.RS t0 D9V SaiL�C�18fG@.��8rv ot sa�d�ndebtedness shall be paid pnor to the rnaiu�itydate thereof stated
<br /> � �n sa��note or th�s Deed r.i't•,,�.!. Pve� �' a�+� r�••.,��s�andu�g Trustor snau nave detauHed �n pay�:en+. lfi,eieut, �i �n =
<br /> � perfcrmance o�any ag�eeR^e*'r e�a�^�e� a•:'�e^�e': a�y by reASOn thereof,shall have declared all sums secured hereby
<br /> immediately d�e and payaDle.
<br /> � SCHEDULE OF L�ASES Wdh�n ten( t 0 )daysatterr demand.i rustor shail turmsn to I rustee or Beneiiaary a Sc��edu�e.
<br /> certitied by Truator,setting forth ell leases of suchproperty,includ�ng.�n each case,the nameol the tenants or occupants.�i
<br /> 1 descnption ot the spac�� occup�ecl by such tenant and occup:�nt, Ihe rental payeble for such space and such other
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<br /> mt�rmation and documents w��h rvsuect to such leases and tenancies as the Trustee or Beneticiary may request
<br /> COVENAN TS OF TRUSTOR WITH RESPECT TO LEA5ES Without the pnor writlen consent of Trustee or Benel�ciary.
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<br /> Trustor shall not, direCtly or mdirectly,with respect to any lease vf space m such property,whether such lease is nol or
<br /> 1 hereaNer in ex�stence.( a )eccept or pormit any prepaynient,discounl or advance payment of rent thereunder;( b 1 cancel
<br /> � or termmt�te the same,or accept any cancellAt�on, term�nat�on or surrender thereot. or permd any event to occur wh�ch
<br /> would entille the leasee Ihereunder to term�naf�ui cancel tl►e�same.l c 1 emend or mod�fy the same so as to reduce the term
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