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<br /> . :,.:.�. Lflnder. The foxegoing c�arranr�es €�ad sepse,�eAtations� �ad �.--_ -- ---
<br /> � ..� .,.�� ��;; 8orrow��c'e obligations pussuant to the foregoing indemnity, shail _.----
<br /> ,-a���n>>=: - ,- survive repayment of tho Note and the re�conveyaace of this Deed
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<br /> �� � . � �� 9. Assfgnment of Rentis� Mana ement of Propert . As �---
<br /> ' � _�..__i,:; additiona]. seau�.ty hereun ez, Bozrowez ere y ass�gna to Lender �:,�3'-n"r'r�''�...�_°
<br /> - - �,,_
<br /> � the rents, issues and profits of the Property, provided �Iia� � �-- _ =
<br /> � " Borrawer aha12., prior to acceleration under paragraph 11 hereof �,�:�:�'��_ .-
<br /> :.::,r�''�� �' � or abandc+nment of the Property, have �he righ� to collect and �--1,-� �-°:.-;75�=�-=- -
<br /> <.;�, . . .�«.. —
<br /> � � � retaia such rente, �.seuea and profits as they laecome 8ue aad pay- _ �`�-:..-.
<br /> � able. Upon acceleration or abandonment of the P�o�axty, Lender � `"��"�
<br /> ,.r�r q..-:.�._�--.
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<br /> � may, either in person or by agent, with or wit�aman� l�r.�.tteging any ' ��':_�,.�..�._:_-
<br /> action or roceedin , or b a reaeiver a oSn�� b a �ourti and ``k�'��`�A��
<br /> p �J Y PP Y ��.:>,,�r�;��,�--•-
<br /> •� without req�r� ito the adequacy of its secusi�}po em$�x uposa �nad . °-'=
<br /> t�ke p�ss�ss�ieAm of the Prope��7Po 0r any paxt tlaa�reofa �.n i�s ��sn � ''��;_,yh���N`-
<br /> name o� in �la� name o� �he �rus��e, ax�d daa aanp act� sah�ich f� . i:�,,,��r.��:f�-��;::=::---
<br /> � d�ec¢n� �nec�ssary or d�sarable to preses�^� �ka� v�lue, a�a�Dzetability -�k��4.<���:,.
<br /> ;;�;�:����� or rentabilit7P of the Sroperty, or any g��rt t�n�reof or interest ��;;_�-`--�-�
<br /> ;.:�.a::�:�:�� , �`'',!r�.—==. .—._
<br /> ������i:,:���� therein, incr�a�� the inaome therefrom or px�ttmct the security ,; ..;;,�.�T-,:_,,,�_
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<br /> ,�,�1��-��:;.,,��, hereof and, w�.th or without taking poseessio� o� the Property, . �,,.,, ,_�:
<br /> ,:.r: ; ':r?���
<br /> sue for or otherwi�e collect tk�e rents, isst�es and profits „ ��,��_
<br /> �: ; �; :� --- -__
<br /> ,.,��:� thereof, including �ose past due and unpaid, and apgaA3s� the Sc�1R@� " '''i.�•'f�{i`'
<br /> , ��"° less costcs and ea�pens�s of operation and collection, :�a�ludinq ,�;� . �,�:
<br /> ..,�:t14.�,n �^-�.�.,.,
<br /> attorneys' fees, upon any ind�Ratedness secured hereby, all 3n ;y,,�:,;,,,•�---�-.-___
<br /> ,,+,_y;,i�;�-� such order as Lender may determine. The entering upon and takinq � .;�°••�.;. �° - ;:
<br /> " possession of the Property, th� collec�ion of such rents, issues �' r,.
<br /> �. ._-�,--� and nrofits and the application ther�er� as aforesaid, shall not ^ �`� ����
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<br /> • cure or zvaive any default or notiae �� default hereunder oz =: � �'�'
<br /> %''�`� invalidate any act done in response to suctn ��fault or pursuant '
<br /> ,1:`::."?,• : �..t�:
<br /> �.;-tt:��,,� to such notice of default an�l, .�otwithstandi�ezy the continuance in ;;�„�`;•:'��
<br /> .; " f•+ possession of the Propert or ��e collection, receipt and applica- `�'� �
<br /> Y � ��;��7�J'1``, >;, �
<br /> ' tion of rents, issues or profits, and Trustee and Lexader shall. be ;,,�, ���:' � •,,.y;, '��
<br /> . �r. t
<br /> entitled to exercise every right provided for in any of the Loan " ,Y',f�fl °:;
<br /> Instruments or by law upon occurrence of any �vent of Default, � �����.� �
<br /> ' includinq, without limitation, the riqht to ex�rcise the power crf ��
<br /> sale. Further, Lender•s rights and remedies usnder this paraq�a�h • �' t
<br /> � 9 shall be cumulative with, and in an� wag aa limi.tation on,
<br /> Lender's rights and remedies under any �#ssSa�nm�ent of Leases and , • .-��_
<br /> � , Rents recorded against the Property. Lender, Trustee and the :. ���'
<br /> . � ' receiver shall be liable to account only for thaose rents actually � "��'�'� ��%� � :
<br /> ' received. � "'�'r��� - .
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<br /> ..�•r•�. 10. Eventg of De�sult. The followinq shall constitute �,,.�; �,�:,�..�;:
<br /> . 1.1+�; an Event of Default under t is Deed of Trust: ��`�:.�;i;����;
<br /> ;:,- � ,.., , __
<br /> � ''vc."� (a) Failure �.� pay any installment of � �`'' .
<br /> �� �
<br /> _ _ - rrinci pal or i nterest or any other sum secured hereby ( ��;-�;;,;::
<br /> when due, or failure to pay whe�n due any other indebted- � s�.:
<br /> , ness of Borrower to Lender; �
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<br /> (b) A breacln og or default under any provi-
<br /> sion contained in the No�e, this Deed of Trust, any of ;
<br /> �,�• ��';. �ge Loan Instroaeaemts, or any other encumbrance upon the '
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<br /> ,�.(��,� �roperty, after a�iving effect to any applicable cure
<br /> � :;r,r�� �, � ; '.�,:�° period contained thereint
<br /> � �
<br /> ''�'`'`r��;�:;`''�. '`.�,•� (c) A writ of execution or at�aehment or any
<br /> � ��� !��:��`�, similar proces� sI`iall be entered against Borro��r whi�ln
<br /> .,i�;�,
<br /> ' ; -.,..�,., shall become � T�ien on the Pr��n�rty or any par�ti�n
<br /> :.�o:„
<br /> • ,��� theremf or inter�st th�rein; �
<br /> � `�;�`.' (d) There stcall be riied »y or ac�ainsi ,
<br /> � `� � Borroo,rer an ac�ian under any present or future federal,
<br /> state or othe� s�atute, law or requlation relating to
<br /> bankrcap�cy, insolvency or other relief for deb�ors= or
<br /> " there sTzall be appointed any trustee, receiver or
<br /> liqufc�ator of Borrower or of all or any part of the
<br /> Property, or the rents, issues ar profits thereof, or
<br /> � , Borrower shall make a�y general assignment for the
<br /> � benefit of credi�ors;
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