, ' ' �
<br /> i. .. . ...�..._....____.___......... . , " '. --
<br /> _�..---=--.I . ---- - ..
<br /> . . 9 5�.,��i4�9'� .
<br /> .. � ,
<br /> � Lerider. The foreqoinq warzantise and repres�ntationa, an8
<br /> Sorrower's obliqations pursuant to the foregoing indemni�cy, shall
<br /> � aurvive repayment of the Note and the reconveyance c�f this Deed •
<br /> of �rust.
<br /> ;
<br /> 9. A�si nment of Iaonta Mnn3 ement of Pro ert . Ao .. �
<br /> � additional aeaur ty ereun er, Hoxrower ere y ase qns to end�r
<br /> � the ranta, issues ancl profits of the Propexty, provided that
<br /> . . Borrower ehaZl, pr3.or to aaaeleration under paragraph 11 hereof �
<br /> • or abandonment of the Property, have the riqht to collect and �
<br /> retain �uch rents, issues and profita as they become due and pay- �
<br /> .. able. Upon acceleration or abandonment of the Property, Lendex '
<br /> , may, either in person or by agent, with or withou t bringing any
<br /> , action or proceeding, or by a receiver appointed by a court and
<br /> � without regard to the adequaey o� its secur3.ty, enter upon and
<br />� .: take posseasion of the Property, or any part thereof, in its own
<br />+ .. . „ name or ia the name of the Truetee, and do any acts which it .
<br /> deems necessary or deair�ble to preserve �he value, marketability ,. •
<br /> ,. ` or rentability og tihe Property� ox any pa�c� �hereof o�r interest '
<br />� therein, increase the fnaome therefrom or protect the security
<br />- , � hereof and, with or without taki ng possesaion of the Property, • � .�
<br />. " .. �� sue for or otherwise calleat the rents, isaues and profi�s "
<br /> � thereof, including thoae paet due and unpaid, and apply the same, � �- �;
<br /> less coats and expensea of operation and aolleation, includinq � °
<br />: ^ attorneys' fees, upon any indebtednese secured hereby, all� in t ' �"'t "��
<br />_. `' such ore�er as Le�der may determine. The eaterinq upon and taking � � .,,�
<br /> �posseaeion of the Property, the collection of such rente, issuea �.,�
<br /> ° , and profits and the application thereof as aforesaid, ahall nat �� �y ;
<br /> � curs or waive any default or notice of default hereunder or ' �' ,_ 4'€t� �
<br /> � i�validaEe anp aat dans in �espaalse to such 8efault or gursuant - ` ,
<br /> �'" . to suah notice of defau�.t aad, notwithstanding the contiauanae in ' -�. ��� ;
<br /> �� „ possession of the Property or the callectioa, receipt and applica- ��� ;;� ,
<br /> tion of rents, iesues or pro£ite, and Truatee and bender shall be '`'
<br /> � entitled to exeraiae every r3ght provided for in any of the Loan ' � � ��
<br /> �� Ins�ruments or b 1aw u on oacurrenaa of an Event of Default, ., �Y
<br /> Y P Y
<br /> includinq, without limitat�.on, the right to exeraise the power of � �
<br /> - . sale. Further, Lender's rights and remedies under this paragraph „ '"� �
<br /> � 9 shall be cumulat3ve with, and in no way a limitation on,
<br /> . Lender's rights and remedies undei any Aseignment of Leases and �� •:--
<br /> �� Rents recorded against the Property. Lender, Truatee and the ���'�."
<br /> � . -�. � receiver e➢�all be liable �o accotant only for those rents actually �,��
<br />- � ' received. �-
<br /> :�,
<br /> _ •.� � ��'r �,
<br /> . I0. Evente of De£ault. The following sha11 constitute ���� '.F.
<br /> � ° an Eveat of Defau un ez t s Deed of Tzuets � _ -'`�
<br /> ,�x. .. " ..,,��,u,;
<br /> - _ ____..,�. (a) Failure to pay any ins�allment of ,"'��.�:
<br /> —��-`-�,-�� principal or interest or any other sum secared hereby "�,'�''�'`� •'
<br /> ,.
<br /> •-• ,�; ,
<br /> ' �� ... when due, or fai].ure to pay when due any ather indebted- � ��;�
<br /> - --�:, - ,,..,_,;�.�.
<br /> .._. .... . _ _.._
<br />= •� •� nesa of Borrower to Lendert
<br /> " (b) A breaah of or default under any provi- . �- • ,
<br />� ' eion coatained in the Note, this DeeB of Trust, aay of ••
<br /> , the Loan Zn�truments, or any othor encumbranae upoa the ., �.';.�<%�;
<br />-_, � Property, after giving effeCt to any applicable cu�e � .
<br /> t. per3od aontained therein= .
<br />- • . :,
<br />- �� (c) A writ of execution or attachment or any i,;:;:'..:,,'�;,` ,��
<br /> , aimilar process shall be entered against Borrower whiah �����'� '
<br /> �hall become a lien on the Property or any por�ion �
<br />- ,., thereof or interest thereiat .
<br /> y � id) There shall be ffled by or agafnat
<br /> -- - -- --- ---�---
<br /> - ------------ -- --��-- ---- --------• -- ..... . . ... ...__. - -
<br /> `- - ---- avrrvwci au ac:Livu wauvi auy Yrce�esuc vr Luzur'e it�aarat� _ _
<br />-3 � state or other statute, law or regulation relatinq to
<br /> bankruptcy, insolvency or other relief Eor debtors= or �
<br /> �- " th�re shall be appointed any trustee, receiver or �
<br />-'� � . liquidatox of Borrower or o f all ar any part of the
<br /> � „ , Prop�rty, or the rents, iesuee or profita thereof, or ,
<br /> �g �� � Borrower ahall make any general aesiqnment for the „
<br /> , , benefit of creditors=
<br />.�:� .
<br /> .�� „ .. .
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