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<br /> _ � - � 9. Aac�i. nmen� mf Rents Mana emen� of Pro�,erty. Fie
<br /> .. ` adclltional seGUr ty hexeunde�, Borrower here y a`�gne tc� Lender
<br />?�� the r�nte, iseues and profite of the Property, provic3ed that
<br /> ' � � �orrower shall, prior to acceleration undar p�ragraph 11 h�rc�of
<br />, or aba�donment nf t�he Propexty, D�ave �he rigl�� to coLlect ancl
<br /> � re�aix� sucb rente, issues an� profite as they becorne cl�e a�d pay-- �- - -
<br /> ''ti ab�e. Upon acceleration c�x abandonment of the Propert=y, Lender
<br /> mAy, either in person os by agent, with or withnut br�nging any
<br /> ' '. " action or proceeding, or by a receiver appointed by a caur� end
<br /> j withaut re3ard to the adequacy af i�s aecu�i.ty, ea�tar up�n and
<br />� take possesaion of the Property, or any paact ther�of, 3n its own
<br /> -r ' name or in the name of the Txuatee, and do any acts Fithich it
<br /> ��� . " � deems necessary or desirable to preserve the value, marketability
<br />-�� or rentability of the Proper�y, ar any part thereof or interest
<br /> ' therein, increase the incc�me khere�from or prot�ct the aecurfty
<br /> �' hereof and, w�.tih or without taking posr�ession of the Property,
<br /> � au� for or otherwise collect the xents, issues ancl Profita
<br /> thereof, including thQae past due and unpaid, and apply the same,
<br /> � lese costa and expenses of operatian and collection, including
<br /> �� attoriieys' fees, upon any indebtedness secured hereby, all in
<br /> , such order as Lender may determine. The entering upon and taking —
<br /> possession oE the Property, the aollection of such rents, isaues
<br /> and profi�s and �he application thereaf as aforesai.d, shall not
<br /> �.
<br /> • � cure or waive any default or notice of default hereunder or «
<br /> �� . �,�, irevalidate any act done in response to such default or p�ursuant
<br /> ,. to auch notice of defau].t and, natwithstanding the continuance in
<br /> pase�ssion of the Property or the collection, receipt and applica-
<br /> tion of rQnts, issues or pxofits, and Tru�tee and Zender sha11 be
<br />' �� entitled to exercise every right provided �or in any af the Loan
<br /> � Instruments or by law upon occurrence of any Event of Default,
<br />� including, without limitation, the right ta exercise tFze power of �.
<br /> sale. Further, Lender's riqhts and remedies under this paragraph ,
<br /> 9 ahall be cumulative with, and in no way a limitat ion on, �- ;_
<br /> � Lex�der's rights and remedies under any Assignment of_' Leases and "^:i,�-
<br /> Rents recorded against the Property. Lender, Trustee and the .�� '
<br /> „ re�eiver shall be l�able to account only for those ren�e actually
<br /> receivQd.
<br /> �
<br /> _ �i
<br /> �� ° 10. Events of Default. The fol�.owing shall cmaastitute ..
<br /> an Event of Default under this Deed of Trust:
<br /> ' �
<br /> (a) Failure to pay any installment of �
<br /> �� principal or interest or any other sum sec:urod h�reby '
<br /> ,. when due, or failure to pay when due any other indebted- !'�.
<br /> • ness of Horrower to Lender; �
<br />\ , i(b) A breach of or default under any provi-
<br /> sion Contained in the Note, this Deed of Trust, any of �
<br /> � the Loan Instruments, or any other encumbrance upon the
<br /> .. Property, afte�r giving effect to any applicable cure '�
<br /> period contained therein; � �
<br /> (c) p writ of execution or attiachment ar any ;
<br /> similar proces� shall he entered against Horrower which
<br /> . shall become a lien on the Property or any portion
<br /> , � � thereof or interest there3.n;
<br /> � �
<br />_ - - - (d) There sr�.aii be ti3ed by or against � -
<br /> ' � Borrower an ac�ion under any present or future federal,
<br /> �" : state or other statut8, law or regulation relatis�q to
<br /> � ` bankruptcy, insolven�y or other relief for debtoraj or
<br /> � " there shall be apgointed any trustee, rECCiver or
<br /> � , licqnidator of Borrower or of all or any part of th�
<br /> Property, or the renes, f ssues or profits thereo t, or
<br /> , . Dorrosver shall make any general assiqnment for the
<br /> beziefit of creditors;
<br /> .� „ -4-
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