. 1 . ., .. ,.`'1�' � ..
<br /> � . , . . . � . ' � � -�
<br /> - - .. . .. . . . , , . ��� -:,y.r.. ; i
<br /> - � ._ .. .."_._ � ..,. •,. " .. -._. _. � � �. .,"___. '`_° ,_
<br /> �'�5� 1(��'97 . � ,
<br /> Lender. The foregoinq warranti�a and representations, and �
<br /> Borrower's obligations pursuant to the foregdinq indemnity, ahall ,
<br /> survive repayment of the Note and the reconveyance of thia Deed ' ,
<br /> of Trust. �
<br /> , . 9. Assi nment of Rents Mana ement of Pro ert . As �•
<br /> additional secur �y ereunder, Borrower here y asa qns to Lender �
<br /> � the rents, issues and profita of �he Property, provided that
<br /> ' " Borrawer shall, prior to accel�ration under paragraph il hereof •. '
<br /> or abandonment of the Property, have the right to collect and .
<br /> �����`�� retain sueh rents, 3.ssues and profits as they bevome due ancY pay- ,'";������ '
<br /> " ;;� ''�``�```���� able. Upon acceleration or abandonment of the Property, Lender �
<br /> :,;;;.�::.;;.'•'''� '� may, sither in person or by aqent, with or withaut brinqing any � "
<br /> ''�''���' , aation or proceeding, or by a reoeiver appointed by a aourt and ,
<br /> � � ' without regard te the adequaay of its security, enter upon and
<br /> s.„ take possession of the Property, or any part thereof, in ita own '
<br /> name or in the name of the TrusteQ, and do any acts whfeh it ;. � �'
<br /> - � deems r�eae�sary or deairabls to gre�erve the value, marketabili ty ., • .. .
<br /> � � or rentability of the Property, or any pasct thereof or interes�
<br /> therein, iaareasc the inaoma tharofrom or protect the eecurity , •
<br /> , hareof and, with or without tuking poaseasian of the Propertiy, ' .
<br /> � ° � eue for or otherwise colleat the rents, i�suea and proPite °p
<br />' � theroaf, including thoae past due and unpaid, and apply the eame, , ���
<br /> lees aosts and expenses of ope�ration and collaetion, iaaluding ��
<br /> „ •� attorneys' fees, upon any indebtedness geaured hereby, all in �,��-
<br /> ' suah order as Lender may determ3.ne. The entering upon and taking ., �
<br />• ' posaessian of tlao Property, the aolleation of such rents, iasues , �s
<br />- and profits and the application thereof as aforesaid, ahall not �, u,;,��i
<br /> ',.: :. cure er sraive any slsfault Qr notfcQ of 3ef$uZt herpun�er �r
<br /> , invalidate any act done fn response to such default or pureuaat '�. �'' p ,.
<br /> .. . to such notice of default and, notwithstandinq �he continuanae in „
<br /> �, posaession of the Property or the collection, receipt and applica- ���. '
<br /> tion of rents, issuea or proffta, and Trustee and Lend�r shall be �.��.� �^ .
<br /> �� en�itled to exercise every right prov3ded for 3a any of the Loan : '�;��;i ;
<br /> Instruments or by law upon occurrence of any Event of Default, `,'�'"`�' � ',
<br /> ..�;.;; ,
<br /> `, , including, without limitation, the right to exereiae the power of ���.��;�,����;.:
<br />_ sale. �'urther, Lender's riqhts aad remedies under this paragraph ��''� �
<br />-_. 9 ahall be cuntulative with, and in no way a limitation on, ':;:�'•
<br /> - ;; Lender's righta and remedies undsr any Assignment oE Lear�es aad ` ,',t�,,,�--�,�,-
<br /> . Rents recorded against the Property. Lender, Trustee and the .` ��'`; '3'��`� �'
<br /> ;?;.;'��'
<br />_e ' �`'� ' receiver sha11 be liable to acaount only for those renta aatual ly �'"�i''�'-`'
<br />- received. ;`'��
<br /> .�,.:
<br /> . . . ::�.:.:.:� ' �,;,
<br /> , � 10. Events of Default. The followiriq shall conatitutie ;,:���,"�'.__�.�.;
<br /> � . an Event of Defaul� t�er t�i�Deed of Trust: '�"�`�
<br /> �.,. :,
<br />- � .:; t�-,y�n•.
<br /> .. : � (a) FaiZure to pay any installment of _ . � '
<br /> ..+�'__
<br />- � prinaipal or interest �r any other sum secured hereby . y
<br /> � �.
<br /> .- _:.�� ,... .._:
<br />-� - � when du�, or failure ta pay when due any other inclebted- �_�,. -�
<br />- s...,�, ..
<br />- ' ness of Borrower to Lender= _�
<br /> ,.�;-', �
<br />_ (b) A breavh of or default under any provi- ' ,
<br />_ .. eion contained in the Note, thie Aeed of Truat, any of
<br />
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