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<br />(b) If there shall be filed by or against Trustor an action under any present or future
<br />federal, state or other statute, law or regulation relating to bankruptcy,
<br />insolvency, or other relief for debtors;
<br />(c) If there shall be appointed any trustee, receiver, or liquidator of Trustor of all or
<br />any part of the Subject Property, or the rents, issues or profits thereof;
<br />(d) If Trustor shall make any general assignment for the benefit of creditors;
<br />(e) The abandonment of the Subject Property;
<br />(f) Failure of Trustor to properly perform its obligations when due hereunder, or a
<br />breach or default by Trustor of any of its covenants, representations or
<br />warranties contained herein.
<br />(g) Failure of Trustor to perform or observe any of its obligations, covenants,
<br />representations or warranties contained in any other Loan Document, and such
<br />failure shall continue after the expiration of any notice and/or grace period
<br />therein provided.
<br />(h) Any of the events delineated in subparagraphs (b), (c), (d) shall occur with respect to any
<br />Guarantor of the Note.
<br />(i) Failure of Trustor to make any payment of any other indebtedness or to perform or
<br />observe any other obligation of the Trustor to Beneficiary, and such failure shall
<br />continue after the expiration of any notice and/or grace period therein provided.
<br />2. RIGHTS AND REMEDIES. At any time after the occurrence of an Event of Default hereunder, and
<br />expiration of any applicable notice and/or grace period, Beneficiary and/or Trustee shall have the
<br />following rights and remedies, all of which are in addition to any rights and remedies available to
<br />Beneficiary under the Note or any other Loan Document:
<br />(a) With or without notice, to declare all obligations secured hereby immediately
<br />due and payable;
<br />(b) With or without notice, and without releasing Trustor from any obligation
<br />hereunder, to cure any default of Trustor and, in connection therewith, to enter
<br />upon the Subject Property and to do such acts and things as Beneficiary or
<br />Trustee deem necessary or desirable to protect the security hereof including, but
<br />without limitation, to appear in and defend any action or proceeding purporting
<br />to affect the security hereof or the rights or powers of Beneficiary or Trustee
<br />hereunder; to pay, purchase, contest or compromise any encumbrance, charge,
<br />lien or claim of lien which, in the judgment of either Beneficiary or Trustee, is
<br />prior or superior hereto, the judgment of Beneficiary or Trustee being conclusive
<br />as between the parties hereto; to pay any premiums or charges with respect to
<br />insurance required to be carried hereunder; and to employ counsel, accountants,
<br />contractors and other appropriate persons to assist them;
<br />(c) To commence and maintain an action or actions in any court of competent
<br />jurisdiction to foreclose this instrument as a mortgage or to obtain specific
<br />enforcement of the covenants of Trustor hereunder, and Trustor agrees that such
<br />covenants shall be specifically enforceable by injunction or any other
<br />appropriate equitable remedy and that for the purposes of any suit brought under
<br />this subparagraph, Trustor waives the defense of lathes and any applicable
<br />statute of limitations; and/or
<br />(d) To enter upon, possess, manage and operate the Subject Property or any part
<br />thereof, to make, terminate, enforce or modify leases of the Subject Property
<br />upon such terms and conditions as Beneficiary deems proper; to make repairs,
<br />alterations and improvements to the Subject Property necessary, in Trustee's or
<br />Beneficiary's judgment, to protect or enhance the security hereof.
<br />All sums realized by Beneficiary under this subparagraph, less all costs and
<br />expenses incurred by it under this subparagraph, including reasonable attorneys'
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