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<br /> at aaa �r�n� at EYfault, I�eader �y, •ith�r in p�r�oA oz bY +W�at.
<br /> Mith or wi�hoat brinqinq any �ction or proaNdinq, or by a
<br /> r�cs iv�r appoint�d by a court and �rithaut r�qard to tb� ad�quacsy
<br /> of its s�aurity, �nt�r upon aad tak� poss�seion ot ths Prop�rty,
<br /> or any part th�r�of, in iLa own na� or in th� n� of Truste�,
<br /> T-°° _----_--� and do any aatc wbich it dQwns necessairy or deairable to praserv�
<br /> _ _ _—_- thQ value, �urk�tability or r�ntability of th� Prop�rty, or any
<br /> part thereof, or intorest thereia, inareas� th� incow� th�r�fro�,
<br /> or pzot�ct tha securi�y tbereof, and, with or w�.thout takinq pos-
<br /> session of tho Propssty, sue for, or otherwise collaat, tho
<br /> renta, issues and profi�s thereof, inaludi.aq thosa past dua nnd •
<br /> = unpaai.d, auid apply the eanw, less coste and espQnsos of oparatian
<br /> and collectian, includinq attorneys� feos, upoa aay indebtsdaess
<br /> secured hereby, all in such oxder as Lender may detarmfnQ. ThQ
<br /> enterinq upon and taking possession of the Property, the col-
<br /> lection of such rents, iseues �nd profits and thQ application
<br /> ___ - _� there�f �� aforosaid �hall aot cure ar waine any d�fau].t or
<br /> aotice of dofault hereuader or invaliddte any act done in -
<br /> ��� � response to such default or pursuant to suah notic.a of default �-
<br /> and, aotwithetanding thQ continuance in poesession of the Prop-
<br /> erty or the collection, receipt and �pplication of rQnta, isaues
<br /> ���w� or profits, and Trustee and Lender ehall be Qn�itled to exercise
<br /> ----�-= every riqht provided for hereiA or in aay of the Loan Instrumoats
<br /> �__ - or by law upon occurrence of any Event of Default, iacludinq,
<br /> --- -- without lin�itntion, the riqht to exercise the power of sale.
<br /> ---- Further, Lender�s riqhts and reyaedies uader this paraqratph shall
<br /> ---- be civaulative with, and in no way a liniitation on, Lender•s
<br /> �-- -° rights and remsdies uader any aseic�nment of leases and rents
<br /> �.� recorded nqaine� the Property. Lender, Trustee and the receiver ,
<br /> - --- ehaY.l be Iiable zo aci:�iu�� c�nl�r for thasa raats aatua Z�y
<br /> ��".:., recaived.
<br /> .,
<br /> � �4�� � • il. E:ven�e of Default. The following eha�l constitute �n
<br /> � i�� Event af Default under this Deed of Trust:
<br /> :�S g��,�=.� ���
<br /> � , . _ �
<br /> ;t ���`'� '�'� '��'� (a) Failure to pay ruay installment of principal
<br /> �.�'���:,
<br /> 4 ��,Y�:�;;,,;,r�., or interest or any other sum secured hereby when due;
<br /> �'►' ,��° ��� (b) A brsach of, or default under, any provieion
<br /> '�'�"�`�.�,w.,�4`1::•`'o•'�=-
<br /> ; ��' contained in the Note, thie Deed of Trust, any of the
<br /> � •R���,�.:�;;� � Loan Instrwnenta or any other lien or eacutabrance upon -
<br /> ,:�.�4.._� .,,- the Property;
<br /> �„ .
<br /> ..-.a:.:..�.�r'�� -.:,;:. (c) A writ of euecution or attachment, or any _
<br /> � r.� ; •� • -
<br /> `�;:n, . , . . similar Qrocese, shall be en�ered aqainst Trustor which �._
<br /> ��•�� � shall become a lien on the Property or any portion �•
<br /> ��'�=""" thereof or interest therein;
<br /> =..>H^.:�6=.-:��.' _
<br /> �ru,���._'�.,,� ;: (d) There shall be filed by or aqainst Trustor or
<br /> .o. .,�,._; -
<br /> �+=- . Horrower an action under any present or future federal,
<br /> �R�F. . -
<br /> _-�:,,_. . state or other sta�ute, law or regulation relatinq to
<br /> �:�, bankruptcy, inso].vency or other relief for debtors, or
<br /> ��';�'`' � " there shall be appointed any trustee, receiver or liq-
<br /> .�..
<br /> ����> ' uidator of Trus�or or Borrower or of all or any part of
<br /> �i(d'Ja�.tri+�.-:;�t ••
<br /> -�°��°•-: -- :��:�: the Property, or the rente, issues or profits thereof,
<br /> � `��= or Trustor or Borrower shall make aay general assiqn- ,
<br /> � ''��� �ment for the benefit of creditare;
<br /> y
<br /> �..r:�,-,. -
<br /> - �`",. (e) The sale, transfer, a�siqnment, conveyauice or �
<br /> - further encumbrance of all or any part of or any inter-
<br /> est in the Property, either voluntarily or involuntar- '.��
<br /> ily, without the exprese written coasent of Leader or '
<br /> as othQrwise herein permitted; ar
<br /> (f) Abandonment of the Propsrty.
<br /> 12. Remedies� 1�cceleration Unon Default. In the Qvent of
<br /> aay Eveat of DQfault, Lender aiay, withaut notice except ae
<br /> raq�uired by la►w, dQClare all indebtedaess secured herQby to be
<br /> duQ a�nd payable, a�ad the saaa shall thereupon become aiue and �
<br /> payablo without any prasentment, dw�aad, protest or notice of eny
<br /> kinel. Th�r�a�tor, Lend�r aay:
<br /> �
<br /> 4 -
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