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<br /> � �'..� .�� Leader. The foregoing warranties and representations, and -
<br /> � .� Harrower's obliqat3ons pursuant to the foregoinq indemnity, ahall -=_
<br /> ��l ��� � „�' survive repayment of the Note and th� reconveyanae of thi8 Deed
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<br /> -- --�--... . .. of Truat.
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<br /> ' Aesi nment of Rents Mana ement of Property. As �:.-��;��___
<br /> . �<<y�
<br /> „ .. adciitional secur tiy ersun er, Borrower ere y asa gns �o Lender ,y�_.,�_--�
<br /> " the ren�te, iesues and prof3ts of the Property, provided that �;,�` ti�� �� s _
<br /> Borrow�er shall, prior to aaceleration under paraqraph 11 hez•eof �a��;� ��'
<br /> �' � ar abandonment a¢ th� Property, have the riqht to collecfc ar►d '~�'7�•::�:���=1•=`���'_
<br /> ::.:,�r.� -a„�*;.H
<br /> ----- . .--, rAta i n Ruah rents. issues and profits as they beaome due and pay- �� n _,,.,_.�;._ ==
<br /> able. Upon aaceleration or abandonment of the Property, I�ender ;•;�,,s�r�:�;,�
<br /> .�� may, either in person oz by aqent, with or without bringing any . . ��'.� "� ,,. �
<br /> � action or proaeeding, or by a reaeiver appainted� by a aouxt and „��?�±''� •
<br /> :,.�
<br /> without regard �o the adequacy of its security, enter upon and � �.-ti:t�.�•�:_-�
<br /> �� take osaess�.on of the Pro ert , or an art �hereof, in its own � '���;��'�'''`�
<br /> P P Y Y P �, ,.,�,.�,�:t _
<br /> • name or in the name of the Trustep, and do any acts whiah it ��� ,.����
<br /> deems neaeasary or deairable to preserve the value, marketability `� � _--____
<br /> or rentability of the Property, or any part thereof or interest �Lt;�*,;:;;":�'�
<br /> therein, increase the income therefrom or protect the security ��'gw>
<br /> hereof and, with or without taking possession of the Property, � "�'�..,.. �,;.,,
<br /> � � sue for or othercvise collect the rents, iesuos and profits � ' � �':��
<br /> ' thereof, includinq those past due and unpaid, and apply the same, " '� �� K
<br /> ,.; .
<br /> � less costs and expenses of operation and colleation, 3ncluding �r��
<br /> •• attorneys' fees, upon any indebtednesa secured hereby, all in
<br /> . such order as Leader may determi.ne. '�'he entering upon and taking . ��
<br /> possession of the Property, the collection of euch rents, iasues ���� � :.
<br /> — _ ,-.- -- auu Na:v�i�`.f �7i�C� t�3C 3��}�'��3��Q22 t�3crs_pF a�a �fstrs=g:s�A� �hR 7 1 �to� ---�.
<br /> cure or waive any default or notice of defaul� hereunder or v � �� ^
<br /> invalidate any act done in response to such defaul� or pursuant ��' �'
<br /> to such notics of default and, notwithstandinq the continuance in '
<br /> possession of the Property or �he collection, receip� and applica- '� � �
<br /> tion of rents, issues or profits, and Tru�tee and Lender ahall be �.�. :
<br /> entitled to exercise every right provided for in any of the Loan �
<br /> Instruments or by law upon occurrence of any Event of Default, , �, 1'
<br /> including, without limitation, the right to exercise �he power of ,
<br /> sale. Further, Lender's rights and remedies under this paragraph � '`,��� �a
<br /> ' 9 shall be auinulative wi�h, and in no way a limftation on, �..�
<br /> . Lender's rights and remedies under any Assignment of Leases and °�r:::��i�.
<br /> Ren�a recorded against the Property. Lender, Trustee and the ;�oi'''
<br /> receiver shall be liable to account only for those rents actually ' y�i ,
<br /> received. � � �
<br /> 10. Events of Default. The following shall constitute I . �
<br /> an Event of Default under t s Deed of Trusts � „
<br /> � � (a) Failure to pay any installment of I � „
<br /> isrincipal or interest or any other sum secured hereby �
<br /> when due, or failure to pay when due any other indebted- j
<br /> ness of Borrower to Lendert i
<br /> � (b) A breach of or default under any provi- ; '
<br /> sion contafned in the Note, this D�ed of Trust, any of '
<br /> �� the Loan Instruments, or any other encumbrance upon t he
<br /> : Property, after giving effect to any appZicable cure
<br /> period contained therQinj
<br /> . tc) A writ of execution or attachment or any
<br /> similar process shall be entered against Borrower which
<br /> I shall become a lien on the Property or any partion
<br /> thereof or interest thereinj
<br /> i.
<br /> (d} There shall be filed by or aqainst
<br /> � , � Bozrower an action under any present or future federal,
<br /> ' state or other statute, Iaw or regulation relating to
<br /> bankruptcy, insolvency or other relief for debtors= or
<br /> ; " there ahall be appointed any �rustee, receiver or
<br /> ' ' liquidator of Borrow�z or of al.l or any part of the
<br /> Property, or the rents, issues or profits thereof, or
<br /> : Bnrrow�r sha�.l make any general assfgnment £or the
<br /> , ! benefit of creditorst
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