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<br /> ��J,� _ ^ The •�oae afng w�sraniciss and represera�$tion��., and. ` ���` ;� _
<br /> -_�,: .? � 80 "trs�to�r�'°c�.;cbliga�ans pursuant to the foregoing itfademnity. shaal � :.._�� � � . . -
<br /> •-�`:�. ; _- �. s�t�v�.`�te �ce�aym�nt of the Nate and �he reconveyaaae of �hfe Deed , �'`.��;;.:::.�. ;�.'� '.•;_..
<br /> Y� �`�' � �� � t�� T1cqa�.. � , ;*i�,:.�::;: . _
<br /> �t:. .. , -
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<br /> = 9. As�ignment of Rentef Yianac�eman� of PsbpertY. As ,� ` ,,,,;� :
<br /> < . � - ,_-- < addi��.t+na��; securr� � ereunder, Barros�er es p ass qs�a to L�ndes. �� ��'�� �' _ .
<br /> '' „.,;. . ,.,. . �lt�: �e�s,. #.saues ancl prafits of the Propexty. Provided that ���j:.. ' � �:
<br /> - - Boz7c,t�ve�- shall, prio� to acc�leratioa under paragraph 11 hereof �� ��`-����� ��-:..:��
<br /> -, . .;;„. � .. . :. �.;- .
<br /> a�• ,;_,, :. - -
<br /> �;, ... b�C..al�andt�omettf of tlae Prog�erty, have the r�ght� ta collect a:acl - --. .. .. . -
<br />_ - ° ��Er��: •` � x.eta$�::�uph rents, issues and profits ss �y,;become due snd pap- '. . _ _ . .
<br /> = . � ab�.e.... fipon accelera�foa� or abandca�ent' of the Psoper�y, I�ender ':•;; .
<br />��. . may�:,e�1Ehe� in persoa or by aa��nt, �3.th or �vitDzout.brfngirtq any ,,.. ;;;': ..
<br />_ �; ; .
<br /> ac��:{syi�or praceeding, or by a recei�ver appointea� 1iy a caurt• and ,.:;���
<br /> � - y � - � w�;��ont regas�d to the aaieqtaacy of its security, enter upon and _ °� .
<br /> .... _._.._.. .. _ ti�e pvssession of the Property, or $ny part thereof� in its own , .�. :'- -.. =='=.�� ..
<br /> - ; :,itame or tn the name of the Trustee, and do any acts which it �r -. �- . � . -. .-
<br /> ;`s:�� �=:� deems necessary or desirable to preserve the value, marketability .``
<br /> � � �. ���,s;: �- or rentabi.lity of the Propertgo or any part thereof or interes� .
<br /> : :-''=''��:� - :�"S�" ' thesein, iacrease the inaome therefrom or protect �he security � � _
<br /> - + �4' ���'���'~`-�`; °�'`.. hereof and, witY� os witflout �aking possession of the Property, � ..� -
<br /> : ... :.:� . .
<br /> . . • . :::.
<br /> :".:::__=;��__�_"s'< °''af�;i�t.• ':_;�:<:..-��--- � _,;.�.:
<br /> �. , . , +, :,_;��>`�;,s-,t L,. . -siae-�for- or n�he�esise-���coiiec� �t�ae� reats, �s$�nes ��and -paofits .. . .. . .. . ------. . -. "`:.
<br /> .�;:�. � � ',.. ,,.
<br /> .,.`"�'�•,` �:` � �hereof, ,includaang those past d�n� aitd unpaid, and apply, the same,;:: :..
<br /> ",��.�.<,;r'l E6`t� � � �-.h . :, .
<br /> '" � " . ;i ;,,,,.�����f lesa cosi�s �nd enses o£ o esa�:ion and collection, incluciing ; �:� x �,z.`.._
<br /> f, ��qi,��: ���'.�-, . �. . � . , attorneys fees,i pon an� andebtedness secured hereby,� all fn ;� �� , . •, f�*�
<br /> �''.-��::�. :•`--�-;. .-�-�, -, � sach order,.as �ender �aay d�termine. The entering upon and takingj.�: . . .,,a�.��� �
<br /> , s`s.:. . , � --- '�L�';f-°_..
<br />- . . possessiori of the Property, t�e aollection of such ren�s, issues+,s: - -- - .:;�;.r,.., �����_
<br /> � , . and profite and f.Yae application thereof as aforesaid, shall no�"� � � ��:���.� .
<br /> � � . � cure or waive aray default ar notice of default hereunder �or �; F
<br /> '�,t.:�_ ,_.:•: . , invalida�¢, any act done f�a response tv sancb defanit or pursuant`��:' � , _�. ".:�
<br /> �..' � � �. '� to auch �.��iae of defaul� and, notwi.thst�nding the coatianffiance in�• � � � �.�`��
<br /> . � ,��;., � .� ' oss�ssier£�of the Pro er� or the collectioa recei t an�l a lic�e- �. ,,:•:'�"`'��'�, �
<br /> � . :.;�rs��,:,�.. p p � . P �P .,_�.:,;j:'Y;o. :
<br /> �s,r }, , . tion of rents, i.sgues or rofi.ts, anai Trustee aaai Lender. shall be� "' - '' ''�`7 �:
<br /> a�,..y/
<br /> . . .. .::�;;����4• � p . ��;� � •��" ��: ..
<br />- - . . °:t�'� , � • entcit�.ed to exe��ise every rigbt �Sro�rid�d for i�a �ap afr� �he boaa{ .j;,`�`+, :.�,�, •�`
<br /> • - !-.�--.--.`•-- - -.-, .: :' , , � ;nstrumea€s or �Sq law upon occur�ence.of .aay Event of �efault, : _ . ';�;�:�.}r"�!`'` ;�
<br /> ` . ion the ri F►t to exercise the awer o�: '`�' '
<br /> '� :� includinq, without limitat , g P �'��
<br /> ` `�� � . � �1.�'i4i1�'r���� '
<br />-'°'r `� ` � ' sale. Further, Y�ender's riqhts and remedies under this paragra�,�i��. •�,�.;,.,��,•�;.; �
<br />'�:;,��. ; , �,Y;•��'t
<br />-,n:�� • • • `'����`�>::.+r''�
<br />=ti,,� f � ': 3 shall be cumu7Lative �,titb, an� in no way a limitation on, C� ,�,��,�;4,.,k�__� ,^
<br /> .� . , I,enaer's rights �d remedies und�r any Assigrrment of i,eases anr�,�� � �(: �,�tr, fu
<br />" � � Rents recorded aa�ainst the Prog�sfiy. ` Lender, Trustee and the�.'�.:,.' ��',:::::..y';,a�y���f%� ���
<br /> , �... � �
<br /> �,i 4p. ' , � ' . . ��.',•.� •����?fy<f i.`r,
<br /> recefve� t�ha21 lxe liabl� to account only for those rents actually� t ••��`'�' '�•s'��'
<br />_ . ,. . P, ,; ;.,�•r.,... ..>•,zr..
<br />_ .. receiv�:d.: . ��.;,•''(;�;<<`^'�,'-:_''".�.. .
<br />— . . : �<�•;F�, .. ' , . ' ..� . . .. . . . ,! t�f:-<<b,�ir E,, ,
<br /> .�l;rt� I0. Svents of D�fault4.� The fvllowinq shall cdres��:t"L�t'.te�� t ', t �� _ .
<br /> ;,t�.�: � s: . ,',� -`
<br /> ' � �''�' an Sveat of Default under s U�ed of Trust: � �f�'` � � -
<br /> i .
<br /> ' ,,;;
<br /> ' . . , . . . E � � ��,`� ,
<br /> ��.,
<br /> ` � .. , ' � � � ' � (a) Failure to pay any iastallment o£; t , �`i'.
<br /> ' , � . � �trincipal or interest or any other sum secured hereby k �.
<br /> ' � � when due, or failure to pay when due any other iridebted- �`r
<br /> : -��- ���� � � • ness of Borrower to Lender= � ' 1
<br /> �;�� , , , ���.
<br /> � �"`�' � (b) A k���ach of or default under any pr�:�3- � �
<br /> , , . . � � ��;�:
<br /> - � s£os� con�ained i� ��Tte Note, this Deecl of Trust, a:a� of !
<br /> F ., , . �� ..
<br /> the boan Ins�xumer��s, or any ather encumbrance upon the �
<br /> '„�: �rctperty. af�er .gs�ing effect to any applicable ctnre ��-; .,.;`;''�: , .
<br /> � J•, ,a J'i .
<br /> � :. ;�rt.,,•,;;s.�, :.
<br /> �,.•�, � ge��od contained ��r�eint „�jr;�•,,,�,
<br /> �;��. . , i;'.'.... :.
<br /> � . . � (c) A wr3.1�• of execution or attachment or �3�y }�
<br /> _ � , �i�nilar process shall be ea�red agaittst Horrower t�t�:��h j,�
<br /> - ��.,. , � �h�ll become a lien on tt�c� Froperty or any port3�ra , t i
<br /> . ; ,, . . •�ttc�reo¢ or interest thereires�� ' ;c
<br /> . Ylt, . • ' � .
<br /> � ;��° � ' ����'. (d) There shall be filed by or agafnst � �� ,
<br /> � �'- -`� � .� ' � Borrawer an actf on under any present or future federal, ,�
<br /> ���; �� • . . . atate or other statute, law or regulation :�elating to •
<br /> -� � ' - � bankruptcy, insolvency or other relfef foit�debtors= or " �
<br />_ � •:���. . • � � there shall be appointecl any trnstee, reaeiver or '�
<br /> �'`�� . liqvidator of Barrower or of all or any part of the
<br /> ,� ; � . � Froperty, or the rents, issues or profits thereof, ar ;�
<br /> �� Borrower shall make any qeneral assfqnment for !he
<br /> � ;� �` � . benefit of creditars; �
<br /> .E::� . ' ji .
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