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<br /> _.a u_—...................�. '- -'.'. _' ' ..........w. .�. _.__._.. . .. -_ -. . . . _ ._ . . _ ... .
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<br /> 1 �� .Ma�:L�IFhL.-.�'r"
<br /> °:, Lender. �.'lip go�ego9.ng warxAnti4o and xepra�ontt�t9.pna, And 1,�:j,�:��u..:�°=.;
<br /> ' HqY'YOWE3Y�FJ alali a�a�on� �UrBUAi1� t0 �ho �or�c�oin ind�tn��it �ierall �° '
<br /> 9 � �3 Y r ;;.:,�:n_;_b- :
<br />;��' � suxvive rep�ymon� of �he �lnte a�nd the rea�nveyance of thia Ooad "`.`._
<br /> o£ Trut�t. � `.',r:�"..�:.-:-�
<br />-,, ---_- ----
<br /> 7.::�,, • . .1 . �,..�. �
<br />_ . 9. Aoef nme�nt aF RontE Marea ement oE Pxo c�r� . As ����-
<br /> ,-y-j��;�
<br /> ac�ditiona� �eeur � �ereun er, 8nrrawer ere aea ns to Y��ncier v,�--_ u`
<br /> the rentB, i��ueayand rofita o:E �he Pro ext , pxovi.ded that �"�`��.�:;�,,,�„_
<br /> P P Y �����;`�=`;�-�-4 -
<br /> norrower �hall, prior �o acce�era�ion undar p�ragraph 11 hereof } �,.�.
<br /> ,; or abandonme�nt of �he Property, have the righ� to col].ect and �"���°.��'���� �
<br /> � � ' re�ain euch rents� isaues and prcof3�o ae they become due and pay- � �`"'�"-- T
<br /> �-�,.,��__
<br /> aLile. Upon accelerati.o�a or abandonmPrat of �h� Propertyo Lend�r �,���-�
<br /> may, either in per9on or by agent, witli or without bringing an� �`^��a���--
<br />' action or proceedinq, ox by a receiver appointed by a aourt and tY=-�,:���-�====-
<br /> .. without reqard to ths adequacy of its securit�►, enter upon and ��" :i.���;:'-'�=�'�
<br /> , take poesession of �he Pxoperty, or any part thereof, in 3te own :.`:��_`='�=°'._
<br /> { name or in the nume of tiho Tru�tee, and do any act� �hiah it '� R�� —
<br /> d , . deems neceasary or deairalole to preaerve the value, marketa}�i�.�.ty �*:�►�_---_---
<br /> �� or. rentabilitiy of the Property, or any part ther�of or inkerest ��:;
<br /> �� therein, incr�ase the incom� �herefrom or prAtect the security � ,�:,:,
<br />-�# , , hexeof and, with or wl�hout taking posaesaion of the Property, '="�-_ _ _
<br /> � sue for or othercvise collect the renta, isaues and �rofits �'��':�:`#"��"�'
<br /> tliersof, including Ch�se past due and unpaid, and apply the same, ��-�°"`�`=���'
<br /> less costs and expenses of operation and col.lection, including ';������°"
<br /> - ' attorneys° fees, upon any indebtedness secured hereby, all in -'-"�'srr��
<br /> " such caxder as Lender may determzne. The entering upon and �aking :����
<br /> ,,; �. possea9ion of the Propexty, the co].lection of such rents, issues ;����
<br /> :..r� an�i nrnf;tG and the annlication thereof as aforesaid, shall not
<br /> � '. -----� .- - �- - � --
<br /> �, "' � �� cure or waive any default or notice of defatalt hereunder or ��"°'�� ,'��
<br />. ' � invalidate any act done in response to such default or pursuan�
<br /> � to such notice of default and, notwithstanding the con�inuance in ' , �
<br /> � , pnssession of the Pr.operty or the collection, receipfi and applica- .
<br /> �.ion of rents, issues or profits, and Trustee and Lender shall be x ,
<br /> ' entitled to exercise every right provided for in any of the Loan �r� .
<br /> � Instrumenta or by law upon oacurrence of any Event of Default, �k •
<br /> including, cvitliout limitation, the right to exerc.ise the power of "� � ;
<br /> " . - sale. Furthex, I,end�r's rights and remedies under this paragraph � ;d�� • `
<br /> ,.r.� f
<br /> 9 shall be cumulative with, and in no way a limitation on, � '�*�
<br /> : �� Lender's rights and remed3es under any Assignment of Leases and ''�
<br /> Renta recorded aga�inst the Property. Lender, Trustee and �he � � ..� f�. �
<br /> �-
<br /> receiver shall bR liabZ.� to acaount only for th�se renta ac�ually � �,;�"' �s;
<br /> received. • "
<br /> I -��
<br /> . 10. Events oi: Defaulfi. The follos�ing shall constitaote ' �a
<br /> ' an Event of Default under tY�is Deed of Trusts I ° ;, �5 •: -
<br /> r�,.:°.
<br />:: � .. ' ,....,.
<br />'�, . . � (a) Failure to pay any install.ment of '•'-
<br /> . principal or interes� or any other sum secured her�by ; ' ,,. �-�.�
<br />- k�,� ..
<br /> ; ���::�� when due, or failure to pay when due any other indebted- , , °, �?
<br /> r � ness of Borrower to Lender; �
<br /> (b) A breach of or default unciex any provi- � ��`'
<br /> � sion contained in the No�e, this Deed of Trust, any of • � '-�
<br /> � •• the Loan Instriunen�s, or any other encwnbrance upon the
<br /> ' ,. Property, after g.iving effect to any app].icable cure '' ._"
<br /> per9.od contained therein; :,;:,,
<br /> 0
<br /> � • (c) A writ �f execution or attachment or any
<br /> similar process shall be entered against Borro�ver which
<br /> shall become a lien on the Property or any portion - ° -
<br /> thereaf �r intcrest th�rein; • T
<br /> - � - " _ - ----- - -- -
<br /> _ -
<br /> -- -_ ---
<br /> ; � (d► There shall be filed by or against -
<br /> ' Horrower an action und�r any present os future federal, .
<br /> � state or other statute , lasv or regulation relating to �
<br />-- i, ' ' , bankruptcy, inaolvency or o�her rPlief for debtors; or � `
<br /> �� U . there shall be appa�.nted any trus�ee, r�cc�iver or
<br /> - � liquidator af norrower or af all or any part of th�
<br /> Property, or the rents, issues �r profits thpr�of, or
<br /> v � Dorrower shall ntake any general assiqnment for �he ,
<br />- benefit of creditors;
<br /> : ,
<br /> � � .,
<br /> �� -4-
<br /> � - _-,
<br />
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