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<br /> _�i:s��:��-- inaeicl�proRerty,oranyJudQmer►tinvolvinqmcsnaterydemaaesehellk�enteredeqalnatTrustarwhfcttaheilbecorrroa(Ian
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<br /> M�=� �:• released,bunded,satlafled,arecated or at�yed within sixty(80)day�sfter Its eniry or levy;nr L-= -
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<br /> ";y....nn. va.;`{sr- _
<br />-__ . ;> (f)Qankruptcy,insolvency,eeorganlzatlon,arrangement,or Iiqufdutfon proceedings or othet proce+�c9lr�qs tor retief ---.
<br />�,;^:M�'�s'�. � �i�,: und�r any bankPUptcy law or other inw(or the ra�(ef of debtors shall ba Instltuted by or e�ainat Trustaror any C3uer�ntor �
<br /> '.,' '' � hereoiandiflnstltutedapainsts►�chparlyshallbeconsentedtoorshallnotbadl�miesedwithineixty(80)dayaetter�,uch� �
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<br />_.`'•` '�'` . ' � (g)Trustor or eny success�r In Ir�terest ot Trustor, volunterily or Mvoluntarity should sell, �xacl,convey, transfer. �__�_---- _
<br />;''` � � �• .� �ontract to sell,lease wlth option to purchase,sublease,dfspose ot,chenge the character ar use of,or4urthe;encum6�er �� __
<br />- ," such proporty,or eny panthereof,orany Interest therein,ar ff any said parties shaU be divested of titletosuch real properiy ���=�-�-�--
<br /> " of any part thereoi,or any interest elther voluntarily dr lnvoluntarily,or If titla to such property be subjected to any lien or ti,_�._•
<br /> � � charge valuntarily or Involuntarity,aontractuAl or statutory, without the writt�n consont af Benefictary being first had �°'�
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<br /> _ . � abtoined,ar �-=- —
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<br /> , (h)IfTrustoris�parinershipandthsinterestolageneralpartnertQrminates,isassigneciort�ansierred,orisdim(nished ��;'`u_�
<br /> , . fn any respect,or ItTrustor ise corporation and e maJority otthevotirsg corporatestock istransierred,sold orassigned,c+r if �"�-
<br />: the Trustor is a Trustea oi a t�ust and there is a chenge of any of the Beneticial intorest o7 Qhe 4rus�or },,_
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<br /> : , (i►Trustorshall,withouttheconsentofEtenefiolary,createorconsenttotheesteblishmentotadist�ictwhlchhastaxing �
<br /> ��,,.�. � --_------
<br /> power3. "�`";;��
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<br /> ACCELERATION UPON DEFAULT,ADDIYIONAL REMEDlES:In the e�ant of any detauit here�u�nder,Beneficfary may,e! '�'�'�',�;°:� __-
<br /> its option,: . "*
<br /> .. �' ;��i,.,
<br /> " � /a)TArminate additlonal advances.ff any.to be made under or pursuant to the Promissory Nate or any buflding loan �;;:
<br /> ., `' agreoment; or "'� ;��°..
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<br /> (b)Declare any sum secured hereby immediataly due and payable and the seme shall there upon become due and �,;'.';�f�
<br /> �� payable without any prosentment,demand,protest or notice of any kln�;or ��`'''
<br /> " (c)At any time,with or without notice,either in person,by egent.or by recefver to be appointed by the Cou!t without •:,�; .,
<br /> - regard to the adequacy oi any security tor the indebtedness secured hereby,entoP upon and teke possessfon o9 such .;.V`{;' .
<br /> • property or any partthereof,meke,cancel,eniorce or mocdify leases;abtain and eJecttenants,sat or modiiy rents;in Its ow� , �,•ti 1�;`,:�.
<br /> • names�eorotherwisecollecttherents,income,issuesandprofitathereof,IRCtudingthosepastdueandunpaid;andapply �.�
<br /> " tho same,less costs and expenses of operation,including reasonabte attorney's faes,upo�any indebtedness secured ,, . ..
<br /> , ' hereby and in such order as Beneficiary may dotermine;and except for such applicatfon,6eneticfary shall npt be Ilable to , ��•;,�;;=
<br /> anypersoniorthecallectionornoncollectionotanyrents,income,issue�orprofitsfarthefafluretoas5ertorenforc9anyof � .,
<br /> th�foregoi�p righte,n4r shall Beneficiary bycharged with any oi the duties ond obligations of a mortgagee in possession. •_,;�'�
<br /> The ente�ing upon and taking�ossessfon of such property,the cotlection of such rents,income,issues or profits,the doing �,• `
<br />' of other ects herein authorized,and the application thereoi as afor�said,shell not cure or waive any default or notice of .
<br /> default hereunder or invalidate any act done pursuant to such notfce;o� y�,. �
<br /> � ( d)Cau�e to be ffled on record,a writte�notice of default and election to sell such property.Aiter the lapse of�uch time (
<br />" , as thon may be required by law following recordation of such notice of detault,end notice of sale havirtg treen given as � , .j� � •
<br /> requlred by law,Trustee without demand on Trustor shail sell such property,efther as a whole orfn seQarate parceis,and in �
<br /> � such order as it or Deneficlary may deter,n ine at publfc auction to the Pifghest biddRr.The Trustee mey postponethe sale of '
<br /> � all or any portion ot such praporty by public announcPment at the time ot sale,and from time to time thereafter,may �
<br /> <� � postpone the sale by public announcemont at the time and place fixed by the preceeding postponement Trustee shall �
<br /> deHver to sa+ch purchaser its deed con�reying the property sa sotd,wfthout any�ovenant or warranty,express or implfed. ,
<br /> The recital in such de�d of any matters of fact or otherwlse shAll 3�e conclusive prooi of the truthfulness thereof.Any person. ;
<br /> includfng Trustor,Trustee or Beneflciary,may purchase at said sale.Trustee may elso sell at any such sale and as a part i .'
<br /> � •� thereoL any shares of corporate stock securing tho obiigation secured hereby,and Trustor walves domand and notice of ; ,
<br /> such sate.(Beneticlary et its option may also toreclose on such shares by independent pictdge sale,end Trustor waives ;
<br /> demand of notice ot such sate.)Aiter deducting all costs,feos and expenses oi Trustee,t�nd of this trus�fnctuding cost ot �
<br /> ovidence of ti410 in connectlon with such sale,Trustee shall first apply the proceeds of sale to tho payment of ali sums ;
<br /> � oxpended under the terms hereof,not then repaid,wtth accrued interest at 4h�a rato then payabie under the note or notes •
<br /> : secured hQreby,and then to paymont of al I other sums socured hereby,and if thereafterthere be any proceeds remaining,
<br /> distribute them to the person or persons legally entitled thereto. .
<br /> � � If this Qeod of Trust or any note secured hereby provides tor any charge for prepayment of any indebtedness secured '
<br /> f•_-__ _,__ hereby,TrustoragreQStopaysaidchargQ,fianyofsaidindebtedr.essshallbepaidpriortothematuritydatethereofsteted
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<br /> � in said note or this Dead of Trust,vven it ana notwnnstanamg i rusto�snan nave an�nmusu m N�y������<<��Q���, �� ��� � �
<br /> ; pertormance of enyagreemant hereunder,and Beneficlary by reason tt�ereof,shall havedeclared all sums secured hereby
<br /> immedlately due and payable.
<br /> � SCHEDULEOFLEASES:Withinten(10�daysafterqemand,TrustorshallturnishtoTrusteeor8eneficiaryaschedule,
<br /> ;a .," co�tified t►�7rustor,setting forth aIl leases of such property►,including,In each case,tho name ofthe tenants or accupents,a
<br /> � .. descriptian of the space uccupled by such tenent and occupant,the rontal payable for such speco and such other
<br /> information and documents v�ith�espect to such leases and tenancl�s as the Trustee or Beneficiary may r�quest.
<br /> � COVENANTS OF TRUSTOR WITH RESPECT TO LEASES:Without the prlor wrftten consent at T'rustee or Boneficiary,
<br /> Yrustnr shall not,dlrectly or indiroctly,wEth respact to any lease of s�ace in such properry,whether such loase is not or
<br /> hereafterinexistence:(a)acCeptorpsrmftanyprepayment,dlscountoradvanCepaymentof�e�tthereunder;(b)cancel
<br /> ., o�terminate the seme,or accopt Any canceliatian,termination or surrender thereot,nr permit any ovent to accu�which
<br /> � � would entitlo thA lessee thereunder to terminate or cancel the same;( c)amend or modity the samc�so as to reduce the term
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