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. . . . .. . < .. . _ , . .r--. . _�c�.. <br /> ;.r `r ..:s'e:..y� - .. � i. c__ �s7' '3� �_ l � � �l �( <br />: • • 9 5 d����� �;' <br /> , �_ <br /> Beneficiary, Beneficiary may, at �te �ole op�ion, declas�e all �°'-`_`� <br /> au� se�ured by �hio Deed oe�Te Savailab3.e�odittunderuthe dep�y � 4r,�_ <br /> abie and proceed to the rem �,_. <br /> ` fault proviaione contained herein. c_ <br /> ` Any of the followirig event� ehall ��': <br /> 11. '°^ -- <br /> be deemed an event of default hereunder: � <br /> . ��:� <br /> � (a) Truator ehall have failed to make payment or any °�=� <br /> inetalltnent of intereet, p�cincipal or principal a.nd intereat cg ��;"`-- <br /> aay otheP sum� secured hereby when due; ��_ <br /> (b) Tizere has occu�ed a b�each of or defaialt unde� an! ° <br />�� term. cov-��t, agreem�nti. condit3.e�n, p�'ieian, rep�es�.tation ', ' <br />`t`� �a ayarra�'t� ��a�t.a.isz2d an ici�is D�� c�� '���, the no�e o� any ': '�`;: <br />-::E , �;um��t s���' h���t';, [�'r� <br /> �y�j ' 'V'f�' � �va'�'Q .��.'"rL� �!. <br /> � . ,.y�- <br /> � �y ,s.��..Tiy S � t'-: <br /> -�• ��! "�eL�v �s �u-:r� � �.�.��,�:�.� Za� �..�� .'2l�rs�Y�y ,�.�a_ ti� �.�� � <br /> ra,ni. <br /> -��. e�� azn;� ���� �s �7�.r�-�-�.n�sit �:r� � +r�t.�:r.�.,�-��� 3� �s�e�i� �� � � �: <br /> cz� � �"�''= cr� �,� ����,r: <br /> -- �: <br /> ::`°%r:: — <br /> tdj Truetor ahall file a vo�.untary petitioxi in baa3m�.y��cy� � <br /> • or ehall be adjudicated bankrupt or insolvent, o� sh�ll ma,It� � __ <br /> ''�� aesignr�eat for the bene�i� of csce�itors in respect to the c-� <br /> prop�s�ty; or an ac�ion to enforce any lien o�r eacumb�ance or `_ <br /> judgme�te agai�et the Property ia commenced. �� <br /> . 12. a�..Qi praei o�v�ao naf���±1t. In the evea� og aa� de- = <br /> fault, Benefici�ry may d�clare all indebtec]aeae secu,:ed he�eby to : � <br /> . b� due and payable, 8reeentmr�at� demand,�proteat o�cno��.ceeof aay <br /> pa�yable v��thout any p ' - <br /> " � kind. Thsrea£ter, Benefgciary may: . . f_• <br /> �- <br /> �`�. � ta) either i.a �ersan or by ageat, with oz� w�thouL- bring�.ng __ <br /> any actioa or proaeediag, oz by receiver appo�.n�ecd �xy a cousct and� . <br /> wi�thout regazd �o the adec�uacy ef any aeeurity, �nte� ugaoa and <br /> ��� take poeaea�faa of the Propesty. or any pa�'t t1a��aog, ia ite o� � <br /> aame or in the �a�s of the Truo�ee. and do an.y a+;.��.wl�.i��h it � <br /> ' deems necessaicy �d deeirable to precesve th� vr�lv.+�,. . � <br />',::',::•�. � �r�rketabilit� vs ��ntability af the Prope�ty, a� ��� ��eof or . - <br /> ��t;�reat thereiaz,; .�ncreaoe the i.rs.come therefczem,.,c�r. g�c+tec� th� l-� <br /> ��:aritp herea€�� �and, without t�.mg goeses�ic� �' ��e Propertls�u �; — <br /> . .�ue_fQx��z o�hes^wise calleat th�. �ents, issues�a.�c�; �soE3.te - . � <br /> •' � thereatc.�'�ncluciiag those paet d�se and ungaid, artd ag�ply the eame; � � . = <br /> •,;.: '' <br /> �.ees aos�a and �penees of opera4�ion and ca3�I��tfoat, includiag _ <br /> - � . �t�torney fee�. �on auY indeb��d�.�ss secwcec� In:er�b��.,,��13 in au��,i;:` <br /> . . ;�;;iprder ae Benetic�ary may detea�a��. The en���3� u�i�n and tal;i,a,*�;, <br /> : � . � � � peaeessfon of th� truat �ata�e, � +the coll�ectf�n 'ci5 auch rents, .,�:<; ;' ,r,-, <br /> � � � � i.seue� and profita and ���].ication thezeef as a�a�e�a�dl shal.l u�;�: . _ <br /> ��,t�sare or waive aaa� defau�.� ox not3ce of d��ault b.a�eunde� o� �� • <br /> `., ;. �:ihvalf.data any ��� and in xeepo�e to auc� d��aul�� asc pureuant ,ttc� . <br /> • euch aotiGe of d�Eault and, no����.the�analing �lie ct�n�inuanc@ in.'�:. �: <br /> posaeeaion of the P�coparty er the colZ�c�ian, rea�ipt �nd ap- <br /> plicatcfon of rente, fesuea or profita, `�"x.�nnatee �� eenefi.ciary may <br /> � be ent3.tled to exercise every rightc psb'c�"°�ec� fc•�" in any af the <br /> .�_;L � loan inatruments or by law upon occu�czence c� �y event o€ - <br /> -- aefau�.t, including the Yi.yht to exex�;se �H_ ����eY of aalef �`�� <br /> � � <br /> (b)� commence on action to forecloae th3e Y�eed of Truet as a � <br /> � mvrtgage, appoint a receiver, or epeci£ically enforce any oE �he � - <br /> �� covenante haseof; <br /> (c) deliver to Truetea a wr3tten declaration of default and _ <br /> ' demand �or fl�le, and a written notice of deEault and election to <br /> aause �,ruetor'e inteseat in the Property to be $old, wl�ich notice <br /> �t�:�ec�2 shall cause to be duly filed for record in the official <br /> ; �y�g� af the ��aunty in which �Iz� Prop�rty ia ]:ocated. <br /> • � ��.. Forec'�aav�� 1„� .^,�rn� �^� sa?�_ �:�au1:r� B�nefic�.ary eEect " <br /> • .. To �a,e��ose by exerc�.s� of �i:.� pcwer c� ���.� Y��rein ccs��ai.nec3.., �. <br /> ��nefici.ary sha1Z natify.�rus���� and ahall ����it with Trua�c� . _ <br /> � ��ixe E`Ld of Txuet and the na�.�� �nd such recck��s and eviden�� �¢ �;, <br /> '�?��'��f-i�: � �- <br />�,�����t ' � <br /> � y�� <br /> �. _. , .. <br />� ''� . . , . �. <br /> . ' . .f �.: :'^. . �.. • ' .. " . ' <br /> . • . � . . ... . • . :r . �� . . . . ... .. . . . . ... . , . .. . . <br />