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<br /> "^'�';b`."' ; g. �,�,gj�, ot�f Reitt�, Ben�fiGiary shall hnve the right, powee and authority during
<br /> r;;-��` the continuaixx of this Dced vf Tre�st ta collect the rents, issues and profits of the property and " „ ,
<br /> � �, . 0�R61y �?€i�nfl�l �ro�erty I�:ated thereon with or witlioi�t t.�king possession of the property -
<br /> � affec;ted h�reby,and Trustor fiereby absolutely ac�cf unconditionally assigns all such rents, issues
<br />,��:�-;�,�":;��`` and prai`its to 8ene�ciary. Bene�ciary. hawever, hereby consents to TPUStor's Gollection and . , � ' �
<br /> �=�'� ' � retention of such �ents, issuss and profi�g as they accrue and become payable, so long as Trustor � --
<br /> _"'-;��;,�;` is not, at suGh time, in default with res p e ct to pa yment of an y indebtedness secured liereby, or I � -_
<br />- - :�,_�.��` in the performance of any agrecment heeeunder. lf any evenR of default described hereafter in I � - -
<br /> :.�::'�-W�`'� respect to this Deed�f Trust shall have occurred aitd be continuing. Bejie�iciary, as a ma.tter af � � �-
<br />:�,���.��,'��t': � right and without notice to Trustor or anyone claiming under'Trustor, and without regard ts�ehe (�.. '' ; �-
<br /> - va�ue of the aust estate or the interest of the Trustor th�rein,shall I�ave the right ro apply to any � • � � -
<br />_..•��:��'�=i.. ,' -;,, ., �; • , �;�. .
<br />��r'.�:`, ' caurt havin urisdiction to a oint a receiver of the ro � '
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<br /> � a Y 9. Traiu€ec uf Prc��erty. If all or any part of th� praperty or any inter�.st of Trustar � �.'
<br /> z`i�y y therein is sold, transferred or further encumbered without the ex ress or written consent of r _ -
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<br /> .. ��=.-'-��-'� •� Beneficiary. Beneficiary may, at it� sole option, declare all sums secured by this Deed of Tr�st �-,;-__
<br /> `-,i.�l:� tn be immediatel due and a able and roceed to the remedies available to it under the default �-�=���7`'
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<br /> .: ' F"� �.�., provisions contained therein. ��,�:�:-? -
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<br />-�_���,;� lU. Events of Default. Any of the following events shall be deemed an event of default _---_- -
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<br /> �F , .:�. . (aD Trustor shall have failed to make paym�nt of any installment of
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<br />-.�%?�c"7��r � interest, princi�al or pr.incipal and interest ar any other sum� secured heredy
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<br />=�;��-;�;>.��,' . , when due; --
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<br /> r�'� •� (b) There has occurred a breach of or default under any term, covenant, -- --=
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<br /> �� .�. . conditi�n, provision, representa�tion or warranty contaaca�d in this Deed of Trust. -�
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<br /> ;.v�,k,�;,;;�„,s,�;;r . the note mr any other loan instrument secured hereby; ���.
<br /> �,f.���t ,.ati::�;,,•,� ,,�
<br /> ��i��''�'�'�f�'�"'� (c) There has been a def�ult b the Trustor in the a mentof an rior r�. ���
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<br /> ,r'�, ��'�� , or subse�vent lien or encumbrance in respect ta all or any part of the property; � , ;�tit;
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<br /> -_��:.:,,,_,,,,,;,,�,.�� (d) TrustoY shalt file a volunt�ry petition in bankruptcy or shall be :�t�^�� �,,- _
<br /> � �� adjudicated bankru�nY or insolvent, or shall make an assignment far the bene�t of � • �`
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<br />__-.��J creditors in respect to the peoperty; or an action to enforce. any lien or - .�e---
<br />_��=";'"'�� encumbrance or judgments agzanst the property is corauunenced. ��� T
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<br /> '` � ,�,. 11. Acceleraeion Upon_Default. In the event of any default, Beneficiary may declare ��t �+:��-
<br /> .,•.•_::;--.': a�l indebtedness s�cured hereby w t�e due and payable,and the sa►►�e shall thereupon become due . �z- �'.:
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<br /> • and payable without any presentment, demand. protest or notice of any kind. Thereafter,
<br /> ��'.:��..;`����, Beneficiary may: „ `'";-�:�
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<br />- � (a� either in person or by agent, with or without bringing any action or ''�����'��
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<br /> =- �.:.y proceeding, or by receiver aQpointed by a court and withaut regazd to the ' .
<br /> "�y�� � adequa�y of any security,enter upon and take possPssion of the pruperty, or any
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<br /> �""' part thereof, in its own name or in the navne of the Trustee, and do any acts � �
<br /> , '''�� � vahich it deems necessary and desirable to preserve the value, marketability or j .
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<br /> -'-�``•"r' � � rentab;lity of the property,�r part thereof or interest th�rein, ittcrease the income 4 ``
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<br /> =w "'"�:y'�""`''�. herefeoaai or pratect the security hereof and, without taking possession of the
<br /> --'-����'�����- property, sue f�r or otherwise collect the rents, issues and profits thereof, '��
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<br />�_='�"'�"`;'-r-. includin d�ose as3�ue and un aid,and a t the same, less costs and ex enses � �
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<br /> ..r:-..°y_- of operatnon and cotiection, inctuding attorney fees, upun any �ndebtedness — -"�----
<br /> �_:,;,;�; ° :• ,.• secur�ed hereby, all in such order as Benefici:iry may determine. The entering �
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<br /> �_.,,.�;;,�!,��;�:c � upon and taking possession of the trust es4ate, the collection of such rents, issues ,
<br /> .:r=t�.",'Y�:.`�°;:'� and profits and applicatian thereof as aforesaid shall not cure ur waive any default �
<br /> =-�:�'.��: �� or notice of default hereunder or invalidate any act and in response to such i �
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<br /> ;,..r,, default or pursuant to such notice of default and, notwithstanding d�e continuance
<br /> � � : , , in possession of the property or the collection, receipt and application of rents, •
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