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<br /> Lender. The faregoinq warrantiea and representatione, and
<br /> - Borrower'a obligations pur�uant ta the foreqoinq indemnity, �hall
<br /> � survive repayment of ths Not• and th� raconveyanae of this D��d
<br /> -=--- - of Trust.
<br /> �; �
<br /> �' g. Assi nment of Rents Mana ement of Pro ert . As _
<br /> : i additional seaur ty eraun er, orrower ere y as� gns to I,end�r
<br /> "'J the rents, issues and profits of the Pro�ctrty, provided thmt
<br /> -- ���1�� Borrower shall, prior to acceleration under pAraqraph li hereof
<br /> ___ ����„� or abandonment o! the Property, have the riqht to aollect and
<br /> _1^ r,..Sy�� retain such rents, issues dnd profits as they become dua and pay-
<br /> ��_:�,,,_';L_. .k,�;,,,., able. Upon acceleration or r�bandonment of the Property, I+ender
<br /> _ _ ..�,,,; may, either in person oz by aqent, with or without bringing any
<br /> ��,._._..1_. , aation or proceeding, or �y a receivez appointed by a court and
<br /> ��.s���*•;?5'��":b`__ without reqard to the adequacy of its security, enter upon and
<br /> ����_='-�"�{�-� take posse�sion of the Property, or Any �part thereof, in its own
<br /> _ �;_,,,;,;;�. acts which it
<br /> .-- .,,��•-•;t=�:: name or in the name of the Trustee, and do any
<br /> . �:�...�.r�..-�+��'t. � desme necessary or desirable to preaerve a�� thereofraorkinteresty
<br /> '�:�. � � � ;„ or rentsbi.lity of the Propertiy, or a�nY P -
<br /> "� `'��� " therein, increase the incame therefrom or protect �he ascurity
<br /> �, ':.
<br /> � " " �' • a hereof and, with or without taking possession of the Property,
<br /> M'_�Ni•',,•,,'-',•�T�'• 3 sue for or otherwise colleat the rents, issues and pxofits �
<br /> �..,...., .,. the same,
<br /> � � ���.:;,:'' thereof, including those past due and unpa i d, and a p pl y
<br />� � � � lesa costa and expenses of operation ana collection, includinq
<br /> . � attorneys' fees, upon any indebtedness secured hereby, all in
<br /> ' � such order as Lender may determine. The entering upon and taking
<br /> possessioh of the Property, the collectinn of such rents, issues
<br /> ' and profits and the a�plioation thereof ss aforesaid, shall uot
<br /> _.,,�,i`� _�_�_�;,`:.. ` cure or waive any default or notice of default hereunder or _
<br /> ��� -�----- invalii3a�e any act done in response to such default or pursuant
<br /> ' to such notice of default and, notwi�hstandinq the continuanclica-
<br /> � possa$sion of the Property or the collectfon, receipt and app _
<br /> tion of rents, issues ox profits, and Trustee and Lender shall be �-_
<br /> entitled to exercise every right provided for in any of the Loan
<br /> Instrumente or by law upon occurrence ot any Event of Aefault,
<br /> including, without limitation, the riqht to exercise the power of �.
<br /> ' sale. Further, Lender's rights and remedies under this paraqraph
<br /> �....
<br /> ' 9 shall be cumulative with, and in no way a limitation on,
<br /> ��"�� Lender's rights and remedies under any Assignment of Leases and
<br /> �_ Rents recorded against the Property. Lender, Trustee and the `:
<br /> � receiver shall be liable to account only For those rents actually
<br /> reaeived. _
<br /> 10. Events of Default. The followinq shall constitute
<br /> an Event of Default under th s Deed of Trusts
<br /> (a) Failure to pay any installment of -
<br /> � prinaipal or interest or any�rie h dues n Sother in@ebted-
<br /> when due, or failure to pay Y -
<br /> ' , ness of Borrower to Lenderf _
<br /> �. ;� , .
<br />- �,-
<br /> (b) A breach of or default under uny provi-
<br /> � � sion contained in the Note, this Deed af Trust, any of
<br /> �L . the Loan Instruments, or any other encumbrance upon the
<br /> 4 � � Property, after qiving effect to any applicable cure .
<br /> _ i , period contained thereint
<br /> ' • ��� (c) A writ of execution or attachment or any �
<br /> . �. . similar process shall be entered aqainst Borrower which
<br /> �.� shall become a lien on the Property or any portion
<br /> �-���� � • thereof or interest thereins
<br /> ,`�'� ..�,.s:..
<br /> -��,- '�:-;:-5.1�•�.•� � " (d) There shall be filed by or against _
<br /> Borrower nn action under any presen��or� future_federal,
<br /> = - �� �: � state or other statute, iaw vr zeyuiaLivu «.�..-.:, _-
<br /> ' .� '���'' bankruptcy, insolvency or other relief for debtorst or
<br /> =�,•� ' �` +��' there shall be appointed any trustee, receiver or
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<br /> ��, � iiqnidator of Sorrower or of all or any part of the
<br /> ���,;�i��� � • Property, or the rents, issues or profits thereof, or ,.
<br /> Hoxrower shall make any qeneral assiqnmen� for the
<br /> � ' �"`3��� benefit of creditora=
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