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<br /> (d)Trustor alNY�p�c ured,permitted or euttered,votuntarily or inwiur�inriir.arij ufcuecvr�v wwii o ii��:.� �_ _____
<br /> � , permitted herein up�o�1 alf of paR oi such properiy;Tru$tor or any guarentor oi the Irtdebtedneas aocured hereb�►shaU -�;:�;;.-�°��,�:___..___
<br /> — � became insolvent of�dmit in wr(ting fts inebiliry to pay fts debta as lhey mature,or meke an 8aaignmenttar th�Eer�et(t ot �; ��:�..:�;:?�"�= __
<br />_ ° cradftor3otapplyfororconse�nttatheappofa�tmentofa►ecoiverortrust�etaritorloraeu6atentlaipaRoteuchprop�tty.or -. � ° � _
<br /> such a�ecel�er or truatae ehall be nppointed and shall not be disCharged vlithin thlrty(3t))days after appointment;or { , �
<br /> ��� , � ' (e)Awrltoiexecutionorattachmentoranyslmiterpdaaeasshallbeissuedorleviedagainatailo�enypa�totorinterest . . '
<br /> . In such propeRy.orany judQrttent involvi�g monetary dameges sha11 be entered againat Trustor which ahait beeome a lien
<br /> � onauchpropertyorportlonthereoforinterestthereinandsuchexecution,attechmentoreimilatptoceaaorjudpmentlanot :: �� �.
<br /> � ' '� � roteased,bonded,satlsfled,vecated or stayed within eixty(60)days after its entry or levy;or .
<br /> � ' (f)Bankruptcy,insolvency,reorganizadon,a�rangement,or Iiquldation proceedings or other praceeclings ior reliet
<br /> � � under any bankruptcy taw or other law torthe�eilef of dabtora shall be instituted by or against Trustor or any Dua�antor ' ,
<br /> hereot artd if instituted againstsuch partysAall beconsented to or shall not bedlsmissed within eixly(60)days a(ter auch ;�
<br /> institution:or �.
<br /> �, ' ' � (g) Truator ot any suCCessor in interest of Trustor, voluntarlly or involuntarily should seli,axeC�convey,transfer, ,
<br /> contract to seli.leasa wlth option to purchase,sublease,dispose of,change the character or use of,or further encumber
<br /> � " such property.orany pa�t thereof.or any interest therein,or if any said parties shali bedivested of titleto such reaiproperty
<br /> of any part thereof,or any interest either voluntarfly or involuntarity,or if Ntle to such properly be aubJocted to any lien or
<br /> • charge voluniarliy or invotuntarily,contractual or statutary.without the wrltten cansent of Beneflciary being 8rst had
<br /> obtained,o�
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<br /> .,,�` �•� . , (h)HT�ustorlsapart�ershipandthei�terestotageneratpartnerterminatea.isassfgnedort�ansierred,aris�9iminished i �.
<br /> ". •• , inanyrespect.vrifTrustorisacorparationandamajorityofthevoti�gcorporatestockistransfetred,soldorassigned,orif
<br /> � . the Trustor is a Trustee of a truat and there is a change of any ot the Beneflciat interest of the trus�or �
<br /> (i)T►ustorahatl,withouttheconsentotBeneflclary,creat@orconsenttotheestablishm�ntofadistrlctwhich hestaxing ° 't ,
<br /> . , powers.
<br /> • ACCELERATION UPON DEFAULY.ADOITtONAL REM�DIES:In the event oi any detautt hereunder,Beneficiary may.at , 't r
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<br /> its option,: ' f�•�
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<br /> � (a)Term(nate addltional adva�ces,if any,to be made under or pursuant to tha Promissory Note or any bui lding loan ���
<br /> - „ . _- ---,, agreeme�►�o� - — .
<br /> �� �- ' (b)Oectare any s�am secured hereby immedletely due and payahle and the same shalt there upon becomedue and •..y
<br /> �; ¢=: � • � payable wltho�at any presentmeni,demand,protest or notice of any kivod;or ''�� :
<br /> �� � •
<br /> (c�1#t any time,with or without notice,either in person,by agent,o�by�eceiver to be appolnted by the Co�ortwithout ;'%�� '
<br /> regard to the atle�uacy of ar�y security tor the;ndebtedness secured hereby.enter upon and take possession of such , � '�� '
<br /> • .;., � . , propertyorenypartthereof,make,cancel,entorceormodifyleases:obta�nandejecttenants,setormodityrents;lnitsow� �`��
<br /> �«; �• namesueorotherwtsecollecttherenb,incamo.issuesandprofltsthereof,inctudingthosepastdueandunpafd:andapply '
<br /> '�r , the same.Iess costs and expenses of oper�tima�,Including reasonable attorney's fess,upon any indebtedness aecured �.. �
<br /> - �;F hereby artd in such order as 6eneflcisry mey determine;and exceptfor such epplication,9eneflciary shatl�ot beliable to ; ; ,
<br /> < � �� � • anypersonforthecoliectionornoncollecdonofany�ents.income,issuesorprotitstorthefailuretoassertorentorceanyof � �
<br /> , � . t• theforegoingrights,norshall8eneflciarybychargedwithanyofthedutiesandobiigationsotamortgageeinpossession. �
<br /> � The entering upon and taking possession of such property,the coliectionof such rents,incoma.issues orproflts.the doing , � •
<br /> '��� ' of other acts herein t�uthorized,and the appli�atlon thereof as afo�esaid,shait not cure or waive any defauit o�noticQ ot �
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<br /> detault hereunder or invalidate Any act don�pursuant to such notece;or � •
<br /> r (d?Ceuaeto befiled on record.a w�itten no�ceaf detaultand electionro sell such property.Atte�the tapseo�auch time I
<br /> ,i as then may be requir�d by taw toliowfng reca�datlon ot such notice of defaul�and noUce of sste having been given as ' �.
<br /> , .+ required by law,Trustea withoutdemand on Tcustorshalt selt such properry.eltheresa whoieor in separate parcels,and in ; '
<br /> �> I sucho�derasitor8sneflciarymaydetermineatpubticauctlontothehighestbidder.TheTruateemaypostpone thesaleot �
<br /> . �; , all or any partion of such p�operty by publlc announcement at the time ot sate,and from Nme to time thereafter.may
<br /> . I postpone the sate by pubtic announcement at the timo and place fixed by the preceeding postponement Trustee ahall � .
<br /> � deliver to such purchaser ita deed conveyirng the property so sold.without any�ovenant or warranry,expreas orimplied. '
<br /> j; '. � j Therecitalinsuch�esdofanymattersotfactorotharwiseshallbeconc�usfveproofofthetruNtulnessthereotAnyperson,
<br /> �'> �" inctuding Trustor,Trustee or Beneticiary,m�y purchase at said sale.Trustee may also sel l et any such sale and as a paR i
<br /> �� thereot.any sha�es of co�porate stock securing the obiigation secured hereby,and Trusto�waives demand and ndtice ot
<br /> � � such sale.(Beneflciery at ib apNan may aiso breclose on such shares by independent pledge sale,and Trustor wafves
<br />- �� demand ot notice of such sate.)After deducting ail costs,teas and expenses of Trustee.and of this trust,inclu�dong cost of ,
<br />= ' � � evidence ot tiNe in connection with such¢�le,Trostee shall first�pply the proceeds of sale to ttie paymem of atl sums
<br />" - , expended under th�terms hereof,not then v�paid,with accrued interestat the rate then payabte under the noteor notes
<br /> ' secured hereby,a�d then to payment of all other sums secured hereby.and if thereatter tfiere beany praceeds remaining,
<br /> distribute them to the person or persons Iegaily entiUed tt�ereto.
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<br /> If this Qeed of Trust or any note secured hereby provides tor any charge for prepayment of any inde0tedness secured
<br /> � r hereby.Trustoragrees to pay seid cherge,K any ofsaid indebtedness s�ali bepaid priorto Me matu�ity date thereof stst�d
<br /> � 1 in said note or this Deed of Trust,eve�if end notwithstanding Trustor shall have defaulted in payment thereof, or in
<br /> � . , performartceofanyagreementhereunder,and8eneflciarybyreasonthereot,snalthaveCeclaredallsumssecu�eChereby
<br /> . immediately due and payabte.
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<br /> �' ' � SCHEDULE OF LEASE3:Within ten( 10�daysafterdemand,Trusto�shatl fumish to Trustee or Beneficiarya schedule,
<br /> '� „ , cortifiedbyTrustar.setdngforthe111easesofsuchproperry.inciuding,ineachcase,thenameofthetenantaoroccupanb,a
<br /> descriptlon of the space occupied by such tenant and occupant the tentat payabte for such space a�d such other
<br /> informatlon artd documents wtth respect to such Ieases and tenancies as the Trustee or 6erteNciary may request
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<br /> � �� COVENANTS OF TRUSTOR WITH REBPEGT TO LEASES:{�lithout Me prior tivritt&n consent ot Trustes or H�neOiciary,
<br />- � . Trustor shall not,directty or indirecUy,with respect to any lease of spa�ce in such property,�rhether such lease is not or
<br /> „ hereatter in existence:(a)accept or permit any prepayment,discount aradvance paymento}rentthereunder,( b)cancel
<br /> ` or tenrlinate the same.or accept any canceltation,termination or surcender thereof,or permit any event to o¢cur which
<br /> wouid entitlethe lesseethereunder to term�nate orcancel tfie same:(c)amend or modiry thesame so as to reducethe term
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