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<br /> wi�th or wlthout k�r3nginq any aat3on a.r pr�aeedirxg, or by a "
<br /> rgaeiver appointed by. a coti�t and wit�aut rsg�►rd to thd �de�q�aay
<br /> of. 3te eecurity, enter u�on and tak�, pceseaeion of the Prs�pa�ty,
<br /> or any paxt tbaraof, in itr own name or in the n�m� of th� Trua-
<br /> tee, and"do any aate which it de��ne neaeesa�ry or �e�tirable ta
<br /> � preaerv� �he va�.ue, m�rketabfliCy o� -re.ztabi2i�y o� tlxe �'ro�,erry,
<br /> or' ar}y pazt Gheraof, or intereet therein, i.�ncrea�ee tl�e income
<br /> therefrom, or �rotect the..a�ecurtty thereof, and, with or witlaouC ' -
<br /> taking posseaaioa of the Property, sue �or, or otherv�riee collec�,
<br /> the rente, isauee and profita thereaf, inaludin� those paet due
<br /> and unpaid, and apply the same, �.ese cogts and expenees of opera-
<br /> tiop and coliection including attiorney'e fees, upon any ind�bted-
<br /> nese aeaured hereby,� all ia eueh order as Lender ma.y determine.
<br /> The entering upon and taking pqseeaaion of the Property, the a�r.�-
<br /> lec�ian of auch renta, iseuea �ad profi.ts and trie applicatio�
<br /> therso� as aforeeaid, aha].l na� cure or waive any defaul.t ox� � ,
<br /> �aotiae o� default hereunder or invalidate any act dane in re- , ,
<br /> . e�onee:to such .default or pursuaint to euch notice of default arrd,
<br /> ra'otwithstanding the continuanae in poeaeasion of the Property or
<br /> the aollection, receipt and applicatiea of reats, iasues or prof-
<br /> its, and Trustee and Lender ehall be entitled ta exezcige every
<br /> right provid�d for herein or by law upon ocaurrenae of any Event
<br /> of Default, including without limitation thc� right to exerci.ee
<br /> the power of eale. Further, Lender'e rights and remediee uader
<br /> thie paragraph ahall be cumc�lative with, aad in ao way a limita-
<br /> tion ox�, Lender's r3ghte and remediea under any aesignment of
<br /> leasee and reats racorded against the Property. Lender, Truetee
<br /> and the roceiver ahall be liable to aacou�nt only for those renta
<br /> actually xece�ved.
<br /> �rc �.� li. p�P�*� of nef aL?t. The £ollowi ng ahall �onstitute a�
<br /> ,; Event of Default under thie Deed o£ Truat:
<br /> , �;;.f
<br /> ���. ;, (a) Failure to pay any installment of prinaipal
<br /> •�,,���n or intereat or any other sum secured hereby when due=
<br /> Zi4. •
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<br /> . (b) A breach of, or default under, any provieion
<br /> ., yM N t 1• . .•'
<br /> � ��w�. contained in �he Note, thia Deed of Truat, any of the :,;';;
<br /> n Z Loan Inetruments, or any other lien or encumbrance upon
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<br /> .
<br /> •;��%� the Propertyt ��
<br /> . . �,,._ �,.,.
<br /> �� "� (c) A writ of execution or attachment, or any . ..;,;
<br /> . fi�; �;�:�
<br /> + ,.��.�►�',•>�;�..;,.: _. eimilar procees, shall be entered againet Trusto� which -.�.�.
<br /> ""'�' , ;.;���:r�"' _ ehall become a lien on the Preperty or any portion or
<br /> � �+:>. intereat thereinj
<br /> �
<br /> .�t. � ,
<br /> , "`��= � . • (d) There ahall be filed by or against Trustor or ,
<br /> ''��:�`�1 Berrower an action under any preaent or future federal,
<br /> '�� '� � , etate or other atatute, law or regulation relating to
<br /> � ,�� -� bankruptcy, insolvency or other relisf for debtore, or
<br /> r: .; . . there slzall be appointed any truetee, receiver or 1 iq- ,
<br /> °•'��'�- �� uidator of Trustor or Borrower or of all or any part of
<br /> �. ,� . •_. .� .
<br /> the Property, rente, i�auea or profita thereof, or •
<br /> `.-�� � • Tru$tor or Borrower ahall make any general a8signment
<br /> �;.;.. ;;:. , for the benefit of creditors j
<br /> '� "� (e) The sale, transfer, assignment, conveyance or I
<br /> �-��r � further encumbrance of all or any part of or any inter- I
<br /> "'• �� �� es� in the Property, either voluntarily or involuntar- � ,
<br /> n°'t�' "'�� �� ily, withaut the express written coneent of Lender or
<br /> , ,,.�.. . . . .
<br /> . t as otharwise herein permitted; cr
<br /> �•.1ti..._ .. . .
<br /> ;�- � � � � (f) Abandonment of the Property.
<br /> : -�° , 12. Re�*+Qd�es s Acceleratio�non_�P a ilt. In the event of I
<br /> ^• � anc� Event of Default, Lendex may, without not3.ce except as
<br /> ' � �: required by law� declare all indebtedneas seaured hereby to be �
<br /> . �:. : �� .r. due and payable, and the eame shall thereupon become due and pay- �
<br /> .. � able without any presentment, demand, proteet or na�ice of any �
<br /> , � , ,: � kind. Therea�ter, Lender may: ;
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