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87-- <br />ordfir or petition shall not be discharged or di.smi.ssed within <br />thi. ty (30) days after the (late on which such order or petition was <br />file }d, <br />(g) Trustor shall. file a petition pursuant to the Federal <br />Ba1111ruptcy Code or any similar litre, federal or state, or if Trustor <br />shall be adjudged a bankrupt, or be declared insolvent, or shall <br />mak6 an assignment: for the benefit of creditors, or shall admit in <br />writing its inability to pay its debts as they become due, or shall <br />consent to the appointment of a receiver of Xll. or any part of the <br />Trrust Property, <br />(h) Final judgment for the (payment of money shall be rendered <br />against Trustor and Trustor shall not discharge the same, or cause <br />it to be. discharged, within thirty (30) flays after the entry <br />thereof, or shall not appeal. therefrom or from the order, decree <br />or process upon which or pursuant to which said judgment was <br />granted, based, or entered, and :secure a stay of execution pending <br />such appeal, <br />(i) Trustor shall sell or convey the Trust Property, or any <br />part therefrom or any interest therein, or shall be divested of its <br />title, or any interest therein, in any manner or way, whether <br />voluntarily or involuntarily, without the written consent of <br />Beneficiary being first had and obtained, or <br />(j) If Trustor is a corporation or partnership and more than <br />fifty percent (508) of the shares or beneficial interests in such <br />corporation or partnership, as the case may be, shall be <br />transferred or conveyed, whether voluntarily or involuntarily, <br />without the written consent of Beneficiary being first had and <br />obtained. <br />26. Acceleration of Debt; Foreclosure. Upon the occurrence of <br />any Event of Default, or any time thereafter, Beneficiary may, at <br />its option, declare all the Indebtedness secured hereby immediately <br />clue and payable and the same shall bear interest at the default <br />rate, if any, set forth in the Note, or otherwise at the highest <br />rate permitted by law, and, irrespective of whether Beneficiary <br />exercise, said option, it may, at its option and in its sole <br />discretion, without any further notice o37 demand to or upon <br />Trustor, do one or more of the following; <br />(a) Beneficiary may enter upon, take possession of, manage and <br />operate the Trust Property or any part thereof, make repairs and <br />alterations and do any acts which Beneficiary deems proper to <br />Protect the security thereof, and either with or without taking <br />possession, in its own name, sue for or otherwise collect and <br />re:c•eive rents, issues and profits, •including those past due and <br />unpaid, and apply the same, less costs and expenses of operation <br />�rr4 collection, including reasonable attorney fees and <br />n ^nefi_ciary's costs, upon the Indebtedness secured hereby and in <br />such order as Beneficiary arety determine. Upon request of <br />beneficiary, Trustor shall assemble and shall make available to <br />Bcnef.iciary any of the Trust Property which has been removed. The <br />entering upon and taking possession of thee Trust Property, the <br />collection of any rents, issues and profits, and the application <br />thereof as :aforesaid, shall not cure or waive any default <br />tLnretofore or thoreaf_ter occurr.cnq or affect: any notice of default <br />or :notice of sale hereunder or invalidate any act done pursuant to <br />an,J such notice. Notwithstanding Beneficiary's continuance in <br />V 'IAession or receipt and application of rents, issues or profits, <br />vorieficiary shall be entitled Lo exercise every right provided for <br />in'fhis Deed of Trust or by Taw upon or after the occurrence of an <br />J :vn.tait of Default, including i:he right to exercise the power of <br />rt,l.ri. Any of the actions, roforrod to in this paragraph may be <br />talon by Beneficiary at such time as teneficiary may determine <br />without regard to the adequacy of any security for the Indebtedness <br />ho eby. <br />