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<br /> _�_�L..r,�-� 94— --
<br /> ..n:-��.
<br /> ��`�""`�''`�° Lender. The £�oregoing t�az�ant�.es anc� �egresentatiune, and --
<br /> _�.`:_.;�:�:��.: ....f, �-------_
<br /> =�;.�r�-•,` ' Bozrowex's ablig�tions pureuant to the foregoing 9.ndemriity, shail
<br /> =`-_�_�`'�-'.�;��,..._:;��� aurvive repayment of the Note and the reaonveyanae of thie Deed
<br /> . � of Trust. --
<br /> . ..•.., �. :;'�,�;. --
<br /> ,. �- �
<br /> n.:.�- , -
<br /> • -` �� � �,;� �� 9. Aasi nment of Rents Mana ement o� Pzo ert . Ae
<br /> r ,.;;,,;..
<br /> t� - 1.�,��,�� addl��ional secur �y hereunder, Horrower ere y a$e qns to Lender _
<br /> ���.:�.'��;` '�� �ty:e renta, issues and pro��.ts of �he Property, provided that - - - -
<br /> ,;:..:.�, . ,,, _ _-.
<br /> :;�,:;-, Bca�xower slha].]., prioz to acce].exa�ion unde� paragraph 11 hereof ____ __
<br /> a�r a�lbandoriru�at of the Praperty, have the ri.ght to collec� and
<br /> Y
<br /> � re��in suah reats, 3.esues and pro�fts as �hey beaome due and pay- �- -- --
<br /> able. Upon acaeleration or abandonment of the Property, Lender
<br /> may, either in peraon or by aqent, witb ar without brfnging any __
<br /> action or proaeeding, or by a reaeiver appointed by a aourt aad -�---�— �
<br /> ; '' �. wi�hout reqard to the adequacy of its security, eater upon �nd � �
<br /> �• take possession of the Property, or any part thereof, in its own ���y ,�-
<br /> ' name or in the name of the Truatee, and do any acta whieh it R��r�._.:�;K.
<br /> "' .. „ deems neaeasary or desirable to preserve the value, marketabi.lity .•;�„=��:;�, _
<br /> � -, or rentability of the Property, or any part thereof or interest •.�;c.:�:�; __
<br /> , , therein, increase the income therefrom or proteat the seaurity ;� `a��-•�J�,,.
<br /> � . hereof and, with or without taki.ng posaession of the Property, r . � '�:��-r=��=-
<br /> aue for or othezwiae collect the rents, issues and profi�s �'�' .�-='="
<br /> �� - � ..�
<br /> . thereof, includinq thoae past due and unpaid, and apply the saaae, ��
<br /> less costs and expenses of operation and collection, includ�.saq • ����_��•-_—_-
<br /> - � � attorneys• fees, upon any indebtedness secured hereby, all iat x�,,,�,��_
<br /> � � such order as Len¢l�s may determine. The entering upon and taka.ng ";�����
<br /> ' possessfon of the Proper�y, the colleetion oE such rents, issu�s ��?�li
<br /> .. t:�w
<br /> � aan�] profits and the appli�ation �hereof as afore�a�.d, eIlnaLl a�o� ' �'';,�A�,e'��I,•�
<br /> ,.,.
<br /> - -- c�nxe or -waive any defaua� or notice of default hereunc��� �a = .
<br /> " irevalidate any act done ara reappnse to such default or pan�s�n�m�. . "� ;
<br /> � t� such notice of default and, notwithstandinq the continuanc� �.n ° �'`�
<br /> .�.-
<br /> � pmssession of the Property or the collection, receipt and applaca-
<br /> tion of rents, issues or profits, and Trustee and Lender shall lxe �
<br /> . . . entitled to exercise every xight provided for in any of the Loan
<br /> Instruments or by law upon occurrence of any Event of Default, .'�'�'
<br /> � ��. including, withou� limitation, the riqht to exercise the power of ��. f''<
<br /> , . sale. Further, Lenrler's rights and remedies under this paraqraph � `�ti�'=,;;;,
<br /> , r i •..
<br /> 9 shall be cumulativc� w3th, anc� in no way a limitation on, - . ,�`�' '
<br /> Lender's rights anc3 remedies under any Assiqnment of Leases and � . I►=
<br /> Rents recorded against the Praperty. Lender, Trustee and �.he � �'�
<br /> rsceiver shall be liable to account only for those ren�s actually "�`��-.a,
<br /> reaeived. ''��'-"
<br /> �.�,�,�.._Y_
<br /> �•.
<br /> 10. Events of Default. The following shall constitute . �'�:�,.;;,
<br /> �"• an Event of Default under th s Deed of Trust: � ����b;i
<br /> ; � ,i;,�a?':�--
<br /> ;;, .. s,` : ��,
<br /> � (a) Failure to pay any installment of i � ; �'�'"` "
<br /> . '�:"::fi.',-•.,
<br /> nrin�;nal �r i.nterest or anv other sum securecl hereby i :._�t:i;..,.,��,:;..
<br /> when due, or failure to pay when due any otYier indebted- ' • �
<br /> ness of Borrower to Lender; � :.��;`,
<br /> � �<..
<br /> (bi A breach of or default under any prov3-
<br /> sion contained in the Note, this Deed of Trust, any of � �
<br /> ;. the �,oan Instruments, or any other encumbrance upon the ' � '�'��'
<br /> , Property, after giving effect to any applicable cure ,-
<br /> ,.
<br /> period contained therein;
<br /> � tc) A wri� of execution or attachment or any
<br /> simi].ar process shall be entered against Borrower which
<br /> . shall become a lien on the Property oz any portion
<br /> thereof or interest therein;
<br /> . _�• �_ ct �_� L. n4
<br /> - (Clj 'L'l1C.-'Z�C.-' bI1Qi1 LG Lltc�d u1% vi. a"+y.'.+:•v..
<br /> Burrower an action under any presen� or future federal,
<br /> state or other statute, law or regulation relating to
<br /> bankruptcy, inso].vency or other relief for debtorst or
<br /> s ; there shall be �ppoin�ed any trustee, reeeiver or
<br /> , � � " liquidator o� Borrower or of aIl or any► p��t of the
<br /> � �'� "`�'�` Property, or the rents, issues o� pz�ofits �P�ereof, os
<br /> '''�i��',;'':.�,!• Borrower shal.l mak� any ge�eral assignmen� �or tl�e
<br /> "' :;;;,.:'• benefit of creditors;
<br /> : ;��;,,
<br /> �
<br /> i r4_
<br /> . . ' �
<br /> , _
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