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66- 106922
<br />Trustor shall have procured, permitted or sul
<br />led herein upon all or part of such property; T
<br />ie insolvent of admit in writing its inability to pa
<br />law or other law for the relief of debtors shalt
<br />against such party shall be consented to or shall
<br />or involuntarily, any creditor to obtain a
<br />rantor of the indebtedness secured here
<br />mature, or make an assignment for the b
<br />ithin thirty (30) days after appointment; or
<br />Mar its entry or levy; or
<br />ation proceedings or other proceedings for relief
<br />Ix instituted by or against Trustor or any Guarantor
<br />not be dismissed within sixty ( 60 ) days after such
<br />( g) Trustor or any successor in interest of Trustor, voluntarily or involuntarily should sell, exact, convey, transfer,
<br />contract to sell, lease with option to purchase, sublease, dispose of, change the character or use of, or further encumber
<br />such property, orany part thereof, or any interesttherein, or if any said parties shall be divested of title to such real,property
<br />of any, part thereof, or any interest either voluntarily or involuntarily, or it title to such property be subjected to any lien or
<br />charge voluntarily or involuntarily, contractual or statutory, without the written consent of Beneficiary being first had
<br />obtained, or
<br />( h ) It Trustor is a partnership and the interest of a general partner terminates, is assigned or transferred, or is diminished
<br />in any respect, or if Trustor is a corporation and a majority of the voting corporate stock is transferred, sold or assigned, or if
<br />the Trustor is a Trustee of a trust and there is a change of any of the Beneficial interest of the trust; or
<br />( i ) Trustor shall, without the consent of Beneficiary, create or consent to the establishment of a district which has taxing
<br />powers:
<br />ACCELERATION UPON DEFAULT. ADDITIONAL REMEDIES: In the event of any default hereunder, Beneficiary may, at
<br />its option,:
<br />( a ) Terminate additional advances, it any, to be made under or pursuant to the Promissory Note or any building loan
<br />agreement; or
<br />( b ) Declare any sum secured hereby immediately due and payable and the same shall there upon become due and
<br />payable without any presentment, demand, protest or notice of any kind; or
<br />( c ) At any time, with or without notice, either in person, by agent or by receiver to be appointed by the Court without
<br />regard to the adequacy of any security for the indebtedness secured hereby, enter upon and take possession of such
<br />property or any part thereof, make, cancel, enforce or modify leases; obtain and ejecttenants, set or modify rents; in its own
<br />name sue or otherwise collect the rents, income, issues and profits t hereof, including those past due and unpaid; and apply
<br />the same. Was costs and expenses of operation, including reasonable attorney's fees, upon any itidebtednesis secured
<br />hereby and in such order as Beneficiary may determine; and except for such application. Beneficiary shall not be liable to
<br />any person for the collection or noncollection of any rents: income, issues or profits for the failure to assert or enforce any of
<br />the foregoing rights, nor shall Beneficiary by charged with any of the duties and obligations of a mortgagee in possession.
<br />The entering upon and taking possession of such property, the collection of such rents, income, issuer or profits, the doing
<br />of other acts herein authorized, and the application thereof as aforesaid, shall not cure or waive any default or notice of
<br />default` hereunder or invalidate any act done pursuant to such notice; or
<br />( d ) Cause to be filed on record, a written notice of default and election to sell such property. After the lapse of such time
<br />as #%an'may be required bylaw following recordation of such notice of default and notice of sale having been giver, as
<br />required by law, Trustee without demand on Trustor shall sell such property, either as a whole or in separate parcels, and in
<br />such order as it or Beneficiary may determine at public auction to the highest bidder. The Trustee may postponethe sale of
<br />ate or any.portion of such property by public announcement at the time of sale, and from time to time thereafter, may
<br />postpone the sale by public announcement at the time and place fixed by the proceeding postponement Trustee shall
<br />deiiver:to such purchaser its deed conveying the property so sold, without any covenant orwarrany, express or implied.
<br />The recital in such deed of any matters of fact or otherwise shall be conclusive proof of the truthfulness thereof. Any parson,
<br />including Trustor, Trustee or Beneficiary, may purchase at said sale. Trustee may also sell at any such sale and as a part
<br />thereof, any shares of corporate stock securing the obligation secured hereby, and Trustor waives demand and notice of
<br />such sale. (Beneficiary at its option may also foreclose on such shares by independent pledge sale, and Trustor waives
<br />demand of notice of such sate.) After deducting all costs, fees and expenses of Trustee, and of this trust, including cost of
<br />evidence of title in connection with such sale, Trustee "I first apply the proceeds of sale to the payment of all sums
<br />expended under the terms hereof, not then repaid, with accrued interest at the rate then payable under the note or notes
<br />secured hereby, and then to payment of all other sums secured hereby, and if thereafter there be any proceeds remaining,
<br />distribute them to the person or persons legally entitled thereto.
<br />If this Deed of Trust or any note secured hereby provides for any charge for prepayment of any indebtedness secured
<br />hereby. Truster agrees to pay said charge, if any of said indebtedness shall be paid prior to the maturity date thereof stated
<br />in said note or this Deed of Trust, even if and notwithstanding Trustor shall have defaulted in payment thereof, or in
<br />perto rmertce of anyagreementhereunder, and Beneficiary by reason thereof, shall have declared all sums sacured hereby
<br />Immediately due and payable.
<br />SGHEOULE OF LEASES: Within ten ( 10.) days after demand, Trustor shall furnish to Trustee or Beneficiary a schedule,
<br />car led 6y' Trustor, setting forth all leases of such property, including, in each case, the name of the tenants or occupants, a
<br />description of the space occupied by such tenant and occupant, the rental payable for such space and such other
<br />irdOrrrwibn end documents with rsatpect to such leases and tenancies as the Trustee or Beneficiary may request.
<br />COVENANTS OF TRUSTOR WITH RESPECT TO`LEASE& Without the prior written consent of Trustee or Beneficiary.
<br />Trustw sMa not diracpy or indirectly, with respect to any tsars of space in such property. whether such lease is not or
<br />hefa>t in wcisilance (a') accoo or permit A" prepayment discount or advance payment of rent thereunder; ( b ) cancel
<br />or larmiriNi *4 same, or accept any timea tation, termination or surrender thereof, or permit any event to occur which
<br />wr n i I rl entitle the lessee thereunder m terminate w cartoal th a saute; ( c ) amend or modify the same so as to reduce the term
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