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<br /> - �----- . - 93- iiol.e7
<br /> i.�ader. Th� lor�goinq W+�rranti�r aad repr�s�atations, au�d
<br /> '��� Borrow�er'a obliqations purnxsnt t� tho loraqoing ind�mriity, shall
<br /> aurviva rQpeymer,t oi the Dioti� and th� r�conv�yanae of thia De�d _
<br /> -= -- - o� Trust.
<br /> x 9. Asai ruaent o� Ren�s Mana e�nt of Pro rt . As
<br /> . additional secur y eroun er, orrowez are y ass gns to Lender
<br /> = the rents, i�sufa and profita o! the Property, provided that
<br /> �,,�sr,�,��, Borrower shall, prior to accoleratian under paragraph il hezeof
<br /> or �baridonment o! tihe Property, haver the right to collect and
<br /> ��'�__�'�.� retain such rents, igsues and prof�t� as thsy beaome due and pey-
<br /> �� able. Upon ncceleration ar abandorunent of the Property, Lendez
<br /> -°�'u:t�.;Pi;�:ri�
<br /> ���,�,��,.,;�}y;,. - maty, either in person or by aqent, with or without brinqing any
<br /> � � �: � •, action or proceedinq, or by a receiver appointed by a court and
<br /> � �. . � .,L.� �, witbout regard to the adeyuaay of its security, enter upon and
<br /> =_�~-�� L� ��• • take passession of the Property, or any pdrt thereof, in 3te own
<br /> � '`•""��`�''- �•� n� or in the name of th� Trustee, and do any acts which it
<br /> �'`d'`�"�`"'"�" � deema necessary or desirable to preserve the value, mmxk�tnbi].ity
<br /> �' � or rentability of the Property, or any part thereof or intereet
<br /> � � . , therein, increase the income therefrom or protea� the aeaurf.ty
<br /> hereof and, with or without taking posaesaion of the Property,
<br /> <<. �;: ';:::w��.; sue for or otherwise aollect the rents, issuss and profite
<br /> � �.��.-�' ' thereof, including those past due and unpaid, and apply the sams�,
<br /> �.;:';,: �. less costs and expenses of opera�ion and coZleatior+. including
<br />: ' ���;�,°:t,; ; :` attorneys' fees, upon any indebtedness secured hereby, all. in
<br /> _ � �!-�A.;.�. . such order as Lender may determine. 1'he enterinq upon and takinq
<br /> � � ��`�'�'" � posaession of the Property, the collect3on af such rente, isauea
<br />-. r• ` �" ' ' . and profits and the application thereof as aforesaid, shall not
<br /> '_.:�_.li:;_::���_--.__1:-.�:
<br />- - .;.,,.,.— .,,._ , curs Qr s�aiv� any @$fauZt or notice �f �afw�wt# hereuneer or ,
<br /> , invalida�e any act done in responae to such defaul� or pursuan�
<br /> to such notice of default and, no�withstandinq the continuance in
<br /> poasession of the Property or the collection, receigt and ap�l3ca- ;
<br /> tiori of rents, issues or profits, and Trustee and Lender shall be -
<br /> entitled to exercise every riqht provided for in any of the Loan
<br /> Instruments or by law upon occurrence of any Event of Default,
<br /> includinq, without limitation, the right to exercise the power of
<br /> �� sale. Further, Lender's rights and remedies under this paraqraph �
<br /> '';; 9 shall be cumulative with, and in no way a limitation on,
<br /> -.. Lender' s rights and remedies under any Assiqnment of Leases and _
<br /> ��; Rents recorded against the Property. Lender, Trustee and the
<br /> receiver shall be liable to account only for those rents aatually
<br /> ' rece ived.
<br /> N
<br /> 10. Events of Defau2�. The following shall conatitute _,
<br />° an Event of Default under t xs Deed of Trust:
<br /> � w�a. (a) Failure to pay any installment of ;
<br /> principal or interest or any other sum secured hereby -
<br /> when due, or failure to pay when due any other indebted-
<br /> ' �_.,� ness of Borrower to Lender= =
<br /> F.�1,.._ ,. �
<br />� 1 ���
<br /> ,� .. . . (b) A breach of or default under any provi-
<br /> � � sion contained in the Note, thfs Deed of Trust, any of -
<br /> ' the Loan Instruments, or any other encumbrance upon the -
<br /> � ' �' Property, after qivinq effect to any applicable cure
<br /> ,� period contained thexeinj
<br /> - (c) A writ of execution or attachment or any
<br /> ��- _ ,,:.-: . ; similar process shall be entered against Horrower which
<br /> -- �,. ._, . • shall become a lien on the Property or any portion
<br /> i��' ��'�- �: --:� �: thereof or interest thersin= .
<br /> �r N� .
<br /> (d1 There shall be filed by or agafnst
<br /> �` +�.�.� Borrower an action under any present or future federal,
<br /> - —�., .., -
<br /> ��w ++ �i�'�. state or otcher statute, law or requlation relatinq to '�
<br /> --�' bankruptcy, ineolvency or other relief for debtorsj or
<br /> ttiere shall be appointed any trustee, receiver or �
<br /> liquidator of Horrower or of all or ariy part of the
<br /> Propertiy, or the rents, iesues or profits thereof, or
<br /> Borro�ver shall make any qeneral assiqnment for the
<br /> benefit of creditoret
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