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<br /> -�,. : •f.�.r-:<,:••, ....s:,;;' � , bs gfwln eA�eCt wftlwut the ConINc�ingpmWslons and to fhJs end ihs prov��lons o/Uda tJ�ed Qf Ttust mns deClerod to bs aeNerabM. °-
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<br />- _ .. .': - �a)Tius{orshalllail to pay wl�en due anYPd►aclPel.irt�r�L.a pdnclpal aRd lnterest on the Indebll�nqss, �:.� .1i�
<br /> . � � . . (b1 AaYw�enanf}►oftidemadebyTruseorfterainshaNbevntrue, • - -�-�`_-
<br />-_. � . . !�l Trtrs�is�aN/ail to abserve aperlf�m any of tlrecovenants.a�eements,acandltlons In tlNs D�eed ot Tius� `�':�—
<br /> . ldl�rs�r�pt�entaHon a warranry made by Trusbr on arry finar�ai�atements orrepwts sudni(ted to Bsnsflclsry bya on behaNd .��r:"°�=
<br /> y' � . , • � . Tiusto�ahiW provs/alseamats�larymisbading, , - - ---
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<br /> .',......... . e TivatorshaN fall ta ar absenre an of f/re covena�ts.condl�Iars or
<br /> _ ;,;�..:.- .- () Pe►ifo►m y �.rre►+ts contalrwd�n.or binding uP�rituta►trnds► . ;,;:.a:�.,
<br />' • � � . anybW/ding loen agreeme►�secudry agreemerrK loen agreemen►.f►nancing�t�ment,a any nther agreemen�Instrument a it :;`_-=-;=.-
<br /> - , � ; " docwnent executed by Tiusta 1n conneci/a►wi�the ban evldenced by Me l4ia� ' .'�Y;'
<br /> ' . (n A trustee,recelver aliqWdatorol tfre 1'mst P,roperty a ol Tiusta shaNbe appointed,a arry ol tlre creditas ol Trostnr shaN file a �"}.:_`�
<br /> . pe6�tlonln baMauptcy agalnst Tiusta,a forfhe reorgan/zaOlan of Tiusla purs�ant to Ute F�dr�a!Bank�uptcy Code,a any aJmHa► _.:..�M=_
<br /> - � ' , law,whe�er fedeial a atate,and N auch order a pedBon shell notbe dlscharg+ed a disrtti:�r-a?witMn iNl�ty(30)days alter fhs d�te .-.,�e.;
<br /> -. �'., ..._ . . on which such adera pedtlon was d�ed, . . -
<br /> � . . !91 �nrstor shaN nle s peBdon pu►suant to the federgt�3ar+kruptcy Code or eny sfrrrJsa tea,�eraf br state,a N Tiusl�orshaADe - . �--
<br /> . „ adJ�rdqed a banlwp�a be declared lnsolven�a sha/!make an ass/gnmenf kr:he�r�fit vf��edllws,a ahaH admit fn wrtdnglta `��-
<br /> � • lnadiry to payKs debts as they becane doe,orshaJl conseat to the sppolntrner.lef�rec�vercl al!o�any part ol ihs Tnat P►ioperly, � �,°°�
<br /> •�:•_
<br /> . � - (AJ Flna►Judgment fw the payment of money sha/l be rendered aga/nst Trustor an�Trustor sha/l not dlscharge the same,acaude K ta '� ;,;?�.ti
<br /> - ' . tre dl S C fi a r g e d,wi t htn t M t t y(3 0)d a y s a l t e r t h e e n b y t h e r e o f,o r s h a/i n o t a p p e�!tl.e r e f ro m or fr o m t h e o r d e r,d e c►+e e o�p r o c e s s u p o n G'.�: '.: :��•:. .
<br /> . whkh a pwauant to whlch sald Judgment was granted,based,or entered,anO secure a atay ol execudon perMing atrcA appeal, �; . ' '
<br /> : (i)Tiustor shall sell a comey tlre Tiust Property,or aRy paAthereof,or any lnterest therein,or sha/l be divested o!!ts tiYtle,a arry Interest E ��� .
<br /> � : • tl►ereln./n any manner or way,whetl►er volm�tarify a lnvdunfaHly,withouf the wdKen canserrt olBenel/clary being Jhat had�d '� � ' �
<br /> � � ; obtalned,or ' „
<br /> (J)11 Tiustals a capaadon or parinershlp and morerhan/ifry percent(50°i,)ol the shares or beneticlaUmerests/n such corporatton a �� ' •
<br />° • • partnershlp,as the case mey be,shall be hansferr�d or conve ed,whether vafurtarl alnvdunted , wltltout the wrltten conssnt ol ��'" � �
<br />- . . - - 8ene�clary being/irst had�d obtalned. _ Y �Y N �'.`''• :, . .
<br /> ��,;.• .
<br />:�; . � • 28. Accekradon of DeD�Foreclosme.Upon the occurrence ol any Event of Oefaul�ar eny Nme therealter,BeneNclary' may,at(ts optlon, s��� �
<br /> . • . , deC/are all the lndebtedness secured hereby immedlately due and payaDle and the same shalt bearinterest at fhe de/auR rate,lt any. F �
<br />'. ' set IonNln the Note,a otherwise at the Aighest�ate pe►mitted by/aw,end,Jrrespective of whefhe�Beneflclary exerclses sald optlon,it ��
<br /> � ' � �� may,at!ts optlon and!n its sale dlsc�etlon,wlthout any luRher notice oi demand to or upon Trustor,do one or mae of the Id/awing; �
<br /> -.- - r' -. - (a)Benefrclary may enter upon,take possessJon ot,manage and operate the Tiust Properry oi any paR thereoF inake tepalra an0 �- �-
<br /> -�--- aKeradau and do any acts whlch Benenclary deems prope�to protect the secudry Urereol,and either witA a wlthout taking i .
<br /> . � possesslon,In tts own nanre,sue lor or oMe►w/se collecf ertd recefve rents,Jssues and prorits,Includ/ng Urose past due and unpa/d, �
<br />. and epply the same,less costs and expenses o/operatlon and collecdon.Mc/uding reasonable.aitnmey tees end Beneflclary's '
<br /> • � costs,upon the Indebtedness seaured hereby and in such order as 8enenc�ry may determine.Upon�eQuest of Beneficlary.Trustor
<br /> • '.� ahsltassemble and shall make availab/e to 8en8fiClary 8ny Of the Tiusf PrO�eRy whlcA has besn removed.The entedng upon and . .
<br /> taking possesslon ot the Trust Prope�ly,the collec6on ol any rents,lssues and prolits,and the epplkadon thergof as ak►esaTd,sha/l
<br /> � i� • not cuie or walve any delau/t th@retoPore a theieafter occuning,or a!(ect any no0ice of delault or nodce of sa/e hereunder o► • .
<br /> • lnvelidate sny act da�e pursuant to any such notice.Notwithstanding Beneficlary's con,dnuance in possesslon a recelpf and ' .
<br /> �• �. applica0'On ol rents,lssues or profrts,Beneliclary shad be entitled ro exercise every right proviBed lor!n thl9 Deed o!Trust oi by law
<br /> , � upon a eA19►!he xCUnence o�an Event of Oef8uH,1ncluding the right to exerclse the powe�ol sale.My ol the ec5ons relaned to 1n
<br /> ._:_ . - ----_--..—_ this pmagrapb may ba tat�en.by Berreficiaryat auch uma as lfenetrerarymay determtne wltnaut regara t6�tne sd�quacy at any -----:- -- :--
<br /> seCUrity for Me Indebtedness securgd hereby. �
<br /> ' � (D)Beneliclery shall,witlrout regard to the adequacy of any secunry for the Indebtedness secured he�eby.be en6Ued to fhe �
<br /> . , appoln6nent of a recetve�by any cou►t having Jurisdiction,wilhnut notice,to take possesslon o/,piotect,and manage the Tiusf
<br /> �• • P�ope�t}r and oAerate the same and cd�ect tfre rerrts,�ssaes�d profds tl,erelmm.
<br /> �� . (c)Bene�iclary may bring any ectionln any court of competent JuNSdiction to foreclose thls Oeed ol t►ust o�entorce any of the ; �
<br /> covenams hereol .
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