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III-- 005495
<br />(b) There has occurred a breach of, or default
<br />under, any term, covenant, agreement, condition, provi-
<br />sion, representation, or warranty, contained in this
<br />Deed of Trust, the note, or any other loan instrument
<br />secured hereby;
<br />(c) There has been a default by the Trustor in
<br />the payment of any prior., or subsequent, lien, or
<br />encumbrance, in respect to all, or any part, of the
<br />property;
<br />(d) Trustor shall file a voluntary petition in
<br />bankruptcy; or, shall be adjudicated bankrupt or insol-
<br />vent; or, shall make an assignment for the benefit of
<br />creditors in respect to the property; or, an action to
<br />enforce any lien., or encumbrance, or Judgments, against
<br />the property is commenced.
<br />12, Acceleration Upon Default. In the event of any default,
<br />Beneficiary may dec.are all indebtedness secured herPhY to be due
<br />and payable; ane, the same shall there:upcn become due and Payable
<br />without any presentment, demand, protest, or notice, o any kind.
<br />Thereafter, P[nefici f y may
<br />Pa) wither in person, or for ,-.gent, with or
<br />without ti3rinq_ -nq any action _:r prc.c#t e0i g, cr h'y
<br />receiver :appointed by a Court, and without re gara to
<br />the adequacy of any secur't4', rater iPOn and ak#
<br />p e'.+session or the propsrty,- rr an 'Dart thOrOG , ;.n: its
<br />:.own name, or in the name of the TrusteE , and do any
<br />acts which it der':ms npcessary and dent rahlP coy irpservi
<br />the value, marketability. o rent .:_�._.l ity r "�, � h r np,t,.. tY,
<br />or part thereof, Cyr inte:,re fit. therein, fn7rease
<br />v L., i
<br />":C">TeE?' %�'3 (•rF'f) "l ?m, or j?rritf'C't the :,f- C.t)r• ., f 'e+tr; a..,dr
<br />fe'.T.ymut *akinq Pos e_i:'inn of the property, sup 1,t;.r, or
<br />otberwise collect, t,h(- rents, ..Su -t`F :.n'
<br />thereof, o including tho s• past ;z3 , and w id; and,
<br />apply he same. less its no Pxpenung of pvr lr . _..
<br />and cgVertinn, in'.'...'c;ing attornoy Ft es, 'et>n any
<br />indebtedness c, e:'s'.U• -e,,r7 hereby, K: °. ,. ... ._., ""?"��_, :;i �"v
<br />x,ereliciar';: may de:t"rmi .yam,. ,ray:, °' in q upnn Ind
<br />t ki. .osslyssic n n, the t. . . -state, the .l l rt inr,
<br />such rents, s, .,tiv n ,'s, .n& i a, ?t .
<br />W
<br />:her-of. as '1.fFJ: f... e9 «i', 0,111 n,]t. ... ... qr ,J a :.. °. "Y
<br />any art and, in -spnnse tr° ssurh Wau: , Or P , ar!
<br />r:, sure notice `Sf'lault, and, notwith r + "?;'a `hr
<br />o tinu?r°,ce in po sse S .,'w'sl. Q the rOTat "2`r , '7) v&'
<br />collection, receipt and appllral inr "f rents, issues,
<br />or p;rnfit'.n, Trustev, or �F? ^e ... e. a. -2 r,., "9u, 'r,.,: e:. ,!- -Rlrsd t.
<br />exercise ever', riqht , ;`fnA t=r,`j fnr fn; in any c the I nAn
<br />inst r ...e *nt. or s , ,.3w, upon ?ircurT�e''i'op any ,, nvt
<br />e,3
<br />defau:r. onc,ud,nq the right to r.yt - >rr isp thp p wvr nd .
<br />i s+it;or to fnrori sc•. this n" -Q f
<br />gust as a mortqagn, a poi- -_t i r rr+',• r,
<br />Q1 deliver t `. r rumt"P -i wr °.`e n
<br />- a .oda �
<br />default g`c l3£and r. sal ", orr w %kt . r-
<br />01
<br />default ,' nd e i nor i on RD Wauwr Try" &'V i nt f 7 oMA n ' M,
<br />prope rt7 *- he 90d, which not 100 "mite Am: %lusf_'
<br />'he a unty in whi;.h th,, E,ol_Y>:i
<br />r..,HP ).Y w +�
<br />Houpfff';.ary shag ,t e. a "A 4401 T .n e wily 71 "l
<br />,NY ,NYN Wad of Trgn- and rh , ,f e .g.,_, nu . --� be e
<br />01
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