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<br /> - ��.�_. _ �.�
<br /> _ L�n�ler. The �oxeg�ing aarren�iee anc9 repreeentatl.ane, And
<br /> - -_= �eorrower'• Abligationa puraaan! �o �he toreqo�ng iad�anity. �hall
<br /> �� survivo repayn�ent of the Note and the reconveyence o! �t��.a Dead
<br /> oP Tsust.
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<br /> .�-.��w��
<br /> _ ---- -- - -=-� �. Aee�.c�ivae�� n� ���i�so__t2_anaesaman� �f PrognrtY. a � �_
<br /> � _ -
<br /> - - - addi.tional sacn'r��y�eundes, aorroaer ere y aa• qa� to Lendsr
<br /> the renta, iesues and pral�.te of the Praperty, pravided that
<br /> ..,�� Borros�er shall, prior ko naaeleration undar pnraqraph li hereof
<br /> ar abandonmen� of the Propeaty, hnve the riqht �o aalleat nnd
<br />_�� retain such rents, issuee and profita a� they becom� 1lue an8 pay-
<br />"=�: able. Upon aaaelerati.on or abandonment of the Proparty, Lender .--_.
<br /> may, eit�her in person or by agent, aith ox without bringinq any
<br /> � � action or proaeedinq� or by a reaeiver appointed• by a aaurt eud
<br /> without regard to the adequaay of its eeaurity, entar upon an8
<br /> take poasession of the Property, or any part thereof, in its owa
<br /> name or in the nan�e of the Truatee, and do any acts whiah it ---
<br /> deeras necsessary or dea3rable to preserve the value, marketabiiity
<br /> �� f, ox renteb311ty of the Property, or any part thereof os� i��e�ee� �
<br /> ��� t.herein, increase the incame therefrom or protect the eecurity —
<br /> �';:�
<br /> _.;;�.,:?�,'�}�:�ff;�•.•'�, „� hereof and, with or without taking posseasion of the Property. �i
<br /> � e�ne for or otherwise colleat the rents, issues and profita
<br /> ,x,.��'- '�,.,::�;..;,� . thereof, including those past due and unpaid, and apply the same, �„___,
<br /> �;.:' �<
<br /> ��`�`�;'w'/A�T���r���. less aosts a�nd expenses of operation and colleation, includinq
<br /> '�.-r,';'z,'� z":, :`^'� at�osneys• Fees, upon any indebtedness secured hereby, all in �'=
<br /> ,(k.•.:�::.�'_; :a��4:a} �`�
<br /> t;,.,}�, auch order. as Lender may determine. The enter3nq upon and taking �,
<br /> aY .i��gt. . �,y?.
<br /> - �. �. ,�,,..S,�S posseseian of ttte Property, the .aolleation o€ such rents, isaues �;��
<br /> •�`;��•.•,r ��_�-.
<br /> ,:�, �, :. „._ . and profits and the application thereof as afore�aid, ahall not
<br /> .:;•;;r:;,�,_ � curd or jvaive any defaul� or natiice of default hereunder or �`°
<br /> ����r�+�?a , invaiida�e �ny aat done in reaponae �o a�cu de�au2t o� gursuant -�
<br /> �f��r���W'� � �' to suah aot$�ce of defaul� and, notwithstanding the contireuanae in %�����
<br /> tw�.:;,.... . .�,y i2_;w-�
<br /> �� -� ,�..�,, posseseion of the Property or the collection, receipt and applica-
<br /> :;`:;;,,.��; � •�:�,r:�r;��� tio» of rents, 3sauea or profits, and Trustee and Lender shall be
<br /> :��••�:: .- � ''� • entitled to exercise eve Y �'�.
<br /> �;;= ry right provided for in an of the Loan �,�'
<br /> � `` ins�ruments or by law upon occurrence of any Event of nefault, .
<br /> µ,i,:'S .� �
<br /> . ,,i,�;.,�,,., ,,:�: ,.. inaluding, without limitation, the right to exercise the power of .
<br /> 'i� • -��. . . . -� ' sale. Further, Lender's rights and remedies under this paragraph
<br />_ �. -+�-�� � �:�-•��-,-_ 9 sha].l be cumulative with, and in no way a limitation on,
<br /> ,`�`� �.';;��'. " Lender's rights and re�aediea under any Assigmnent of Leases and �
<br /> -j. ;;�:�.�7�,.'�: ='' � _ Rents recorded aqainat the Property. Lender, Truatee and the �,.
<br /> ;�;���'��,��y'a:;�"F•:�;�:' receiver sk��11 be liable to account only for those rents actually ,i,:;:�;
<br /> ' received '`'�
<br /> _ •�it�?l�frr.�s•. �:i-r��, • '�i
<br /> • '4:��t�:,._.. - .
<br /> . .,�.;��- ��>?���`� 10. Evon�a of Defaulti. The followinq sha11 constitute
<br /> '.�r;�,;�;��. : � ` an Event of Defau � under s Deed of Trust: �
<br /> ��d"re�l�'�:._ . .�
<br /> - (a) Fail.ure to pay any installm�nt of
<br /> "�` , principal or interest or any other sum secured hereby
<br />-'`:' :'�"! ,�`" when due, or faf.lure to pay wlaen due any other indebted- .
<br /> ::; ti ;. .
<br /> . �� nees of Borzower to Lender=
<br /> ,.. ,
<br /> . '4` .. � 4 j- ,:
<br /> ,,;�.:,-�� �• (b) A breaah of or default under any provi- ''�-.
<br /> • sion contained in the Note, this Deed of Truat, any of
<br /> � �' `� � the Loan insta-uments, or any other encumbrance upon the �
<br /> � `-• � � Property, afteY qivinq effect to any applicable aure
<br />_ ` . per3ad contai.ned therein= .
<br /> , ta) A writ of exeantion or attachment or aay �
<br /> � a���- .. �'' similar proaesa shall be eat�red aqainot Horrower �hich
<br /> _ :� . � shall beao�ae a lien on the I�ropertiy or any portion �
<br />- ' �� thereof or intezest the�rein= I -,
<br /> '' I
<br /> ` t i°�•�� (d) There shall be filed by or aqainst �
<br /> ,
<br /> � �-- - -• • --- ---�__ � __ �_��__ t_�___,
<br /> -- DVr=D�/Cr Hi.l iiCL1oA 4itucs aaaji i+ivociaa. vi aasa.�aia �.cvvaaa� �----
<br /> �� '� �' � '`�`'�� state or other statute, law or regulation relatinq to �
<br />; r,�� ., bankruptcy, inselvency or other relief fox debtorsi or �
<br /> '.� ,;� • there shall be appoiated any trustee, receiver or �
<br /> liqaidator of. Horxower or of all or any part of the , -�
<br /> `i „ : "' � Property, or t::.i ren�s, iseues or profits thereof, or t
<br /> ;� .. .. Horro�er shall make any qeneral aesignmeat for the
<br /> f � .; .. benefit of cre8itorsp I �
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