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i 86- 1.06927 (a) Failure to make any payment when due in accordance with the terms of the Credit Agreement, any Notes, any other indebtedness hereby secured, or this Deed of Trust, or any other indebtedness secured by Senior Liens. (b) Failure, which continues beyond applicable grace periods (if any), to perform any of the other terms, covenants and conditions in the Credit Agreement secured hereby, any Notes, any other indebtedness hereby secured, this Deed of Trust, the Senior Liens, or any other instrument constituting additional security for any indebtedness hereby secured. (c) The occurrence of an event of default under the Senior Liens and the expiration of any applicable grace period after the giving of such written notice, if any, as is required under the Senior Liens without such event of default having been cured. (d) Breach of any warranties or representations given by Trustor to Trustee or Beneficiary. (e) Institution of judicial or non- judicial foreclosure or other proceedings to enforce any second Deed of Trust or any junior or senior security interest or other lien or encumbrance of any kind upon the Premises or any portion thereof. 2.02 Remedies. (a) Upon and after any such Event of Default and during the continuance of such Event of Default, the Beneficiary, by written notice given to the Trustor, may declare the entire Indebtedness then outstanding (if not then due and payable), including all accrued and unpaid interest thereon, all premiums payable thereunder and all other obligations of Trustor hereunder to be due and payable immediately, and upon any such declaration the principal of the Indebtedness and said accrued and unpaid interest shall become and be immediately due and payable, anything in the Credit agreement, any Notes or in this Deed of Trust to the contrary notwithstanding. (b) Upon and after any such Event of Default and during the continuance of such Event of Default, the Trustee or Beneficiary personally, or by its agents, attorneys or receiver appointed by the Court, may enter into and upon all or any part of the Premises, and each and every part thereof, and may exclude the Trustor, its agents and servants wholly therefrom; and having and holding the same, may use, operate, manage and control the Premises and conduct the business thereof, either personally or by its superintendents, managers, agents, servants, attorneys or receivers; and upon every such entry, the Trustee or Beneficiary at the expense of the Premises, from time to time, either by purchase, repairs or construction, may maintain and restore the Premises, whereof it shall become possessed as aforesaid, may -14-