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<br /> ;.v_:�i���ary'"' �� ..� ' . �
<br /> --j,��,��:�-+.� r•��"`°�,����i.
<br /> -r .�,.�,,�•-� r-..--xr�-±� ,
<br /> :.�`� �,� � (a� Tsurstor �hall hava �a9.led Co ma3:o _
<br /> =';��'-�::;..; payimen� of any inata33cnon� of tn�er�mti.;.
<br /> ::--�',.�`� .
<br /> ._•_y�,,; px9.ncipal or prinai�pal �nd intoreat Qx c�ny
<br /> - - other sumt� se�sured hgreby when 8uey
<br /> �.,n�:i��d � � " _
<br /> � . .. ..J:.:e-:.�..::.:� . .
<br /> :_;y�;�; Ib) ri'here h�s oacurre� � brc�a��� �a£ ca�c ,
<br /> -__���.��y, --- default under any tierm, co�vensae, aqreeme�►t; �
<br /> :�;;;;=��;�.;' `:T''�'` con�lition, p�oviAion, represen�a�c£on or � --
<br /> =:'.�'���z'`���' ��� warxanty containerl in this Deed of Trug�, tho -
<br /> :.,�.,,,;, , . ; .
<br /> ;;��.,� � . � - note or ��y other Loan iar��rumen� secure8 -
<br /> : . . , �-, horeby t
<br /> - •�� � (c) There has been a defauit by the -
<br /> ' Truato�c in the paylaent of any priar or subse-
<br /> , quent lien or eacumbrance i.0 respect to all
<br /> or any part of the proper�y=
<br /> . :. (d) Trustor shall file a valuntaxy " -
<br /> �";�..` petit3on in bankruptay or shall be adjudi- f
<br /> ca�ed bankrupt or insolvent, �x shall mal�� an
<br /> � . , ' assiqnmen� for the benefit of credi�ors ia -
<br /> ; �espect to the property= or an action to
<br /> , ,•:�.' �,. „ enforce any lien or encumbranae or judqments =
<br /> � . agafnst the proper�y ie commenced. __
<br /> - � , il. Acceleration U on Default. In the enent of any default, --�
<br /> � � Beneficiar� may declare all ndebtedness secured hereby to be due �!;:
<br /> . , and payabl�, and the same �hall thereupon become due and payable '�'��-
<br /> . i;.,
<br /> � ' without �ny presentment, d�m�nd, protest or notice of any kind. �;_.��
<br /> , , `'�` Thereafter Benefic�.ary mays '~
<br /> � ,� .., ,
<br /> � ' � :i�,
<br /> ,,,,;,::: ,��.
<br /> ,, ,, •_,:;.:..,,,�::.: -
<br /> .�:;,;,;•���,,� . (a) either in person or by agent, with _-
<br /> �� or without bringing any actfon or proceeding, __
<br /> ���-'� `�� � ar by receiver appointed by a court and with-
<br /> ,` ui:=:
<br /> � � � . out regard to the adequacy of any seaurity, °`�-_-
<br /> � '. enter upon and take possession af the prog- � a�`=
<br /> � erty, or any par� thereof, in its ov�n name or �;
<br /> ",�';•�. ��i��'
<br /> ;:,...;;._ " in the name of the Trustee, and do any acts
<br /> ' �. _ which it deems necessary and desirable to E%'�;':
<br /> ' � �,�`�`�"'� presQrve the value, marketability or rent-
<br /> . . �f�y;�; `: ability of the property, or part thereof or �
<br /> � . " interest therein, increase the income there- �_•
<br /> ��l, � from or protect the security hereof and, ;�;,
<br /> r;;.�.. • ��,�.
<br /> :;:•�� ,- without taking possession of th� property, ;��i
<br /> ''`-''�� ` sue for or otherwise collect the rents, ��'
<br /> issues and profits thereof, including those
<br /> ' past due and unpaid, and apply the same, less ��;
<br /> ��:;; costs and expenses of operation and collec- "4;�;
<br /> <<�;t. tion, includinq attorney fees, upon any '�;;;�
<br /> � � _' indebtedn�ss secured hereby, aIl in such ���
<br /> " ' order as Beneficiary may determine. 2he
<br /> . entering upon and taking possession of �4�e
<br /> .. trust estate, th� collection of such rents, ,f
<br /> �,�': sssues and profits and application thereof as ,§
<br /> � ' aforesaid shall not cure or waive any default
<br /> or notic� of default hereunder or invalidate ���
<br /> any act and in response to such default or
<br /> ,,;, .�..;• pursuant to sncM notice of default and, not- i
<br /> � withstanc3ing r�h.e continuanc� in �ossession af �
<br /> ., the prap��ty or �he coll�c�icnn, receipt anct ;
<br /> . applica�.�on of rents, issu�s ar profats,
<br /> � � Trust�e ar Beneficiary �ay �e �ntitl�d �o
<br /> ::.
<br /> �xercise every right provided for in any of
<br /> -�- -• � - - � -• --------- - -- �- * --- ---
<br /> - " " """" GI1C 1V41I lllA"LlUlUC1l1.:f VL UY 1CSw urVli �ar�4L- _
<br /> rence of any event of default, including the
<br /> right to exercise the power of sale;
<br /> � . (b) commence an action to foreclose
<br /> this Deed of Trust as a mortgaqe, appoint a
<br /> � receiver, or specifically enforce any of the
<br /> - covenants hereof=
<br /> ;
<br /> � � -3- �
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