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<br />indebtedness secured hereby, or in the performance of any agree-
<br />ment hereunder, If any event o£ default described hereafter in
<br />respect to this Deed of Trust shah have occurred and be con-
<br />tinuing, Beneficiary, as a matter of right and without notice to
<br />Trustor or anyone claiming under Trustor, and without regard to
<br />the value of the trus± estate ar the interest of the Trustor
<br />therein, shall have the right to apply to any court having juris-
<br />dictior. to appoint a receiver of the property,
<br />10. Transfer of Property. I£ all or any part of the
<br />property or any interest of Trustax therein is sold, transferred
<br />ar further encumber€d witho~~t the express ar written consent a£
<br />Beneficiary, Beneficiary may, at its so7.e option, declare all
<br />sums secured }=y this Deee} of Trust to be immediately due and pay-
<br />able and proceed to the remedies avail-able to it under the
<br />default previsions contained hexein,
<br />l.l. Events nr ,^,efauit. Any of the £allawina events shall
<br />t~:e deemed an event ai default hereunder:
<br />;a} Trustor shall have failed to z;aalce
<br />raayment r?F any ?nstallment ofl anterest,
<br />prine~ip31 or principal and interest or anw
<br />~thex suns secu=.ed hereby when due,
<br />+b} There ha- occurred a breach of or
<br />default ?:nder any term, covenant, agreement,
<br />:condition, prevision, representation ar
<br />warranty :-ontained n this ~?eed o£ Trust, the
<br />na±Q nr 3r~r c;ther :can instrument secured
<br />!'t~cC:hy.
<br />? r. } T,d•re ?.as *aeen <? default by the
<br />""r«stor in the pzcyment. c.y any prior ar subse-
<br />quent lien r>x ~ nc:sm*arance in resper.,t to a11.
<br />fir Fsny pz~rr _= the prr~}xerty,
<br />!di Trustr~z shall fi?e a voluntary
<br />p~etiti,~sn i.n za,nkru}~tcy car. shall. b# ad~udi-
<br />r~ate8 Paan;crunt ,Jr insolvent, or :?hall make ors
<br />:~rsi,c~rmert For the l~~nefi.t of cxeditors in
<br />r€~spec:t to t.her:rr;s~+ert+r, cr an action to
<br />.~nf€arce any ? ion or eraeur~bran~e or u~„grtents
<br /><:gainst the pr~pexty is e€~msnenced.
<br />i.'. s'sCC~iPY'atit~n L' €,n Default, in th+~ event of any
<br />default, Hei~e'ciarymay~~-~~2 indebtedness secured hereby
<br />to hc~ due and payable, and the came shall. ther~eapon beoas. tlu~
<br />and p~€ye~ble without any prenentaXSen#•., demand, protest or na~ice of
<br />an}~ kind, Therezafter, z~en~=ef.iciary mays
<br />€a} either in person csr by agr~nt, with
<br />•°r ;~ith~sut bringinu any acticsn ar proceeding,
<br />or by receiver appointEd by a e:a~:rt and with-
<br />:~ut regard to *he adecuacy of any security.
<br />enter uptan and take passessinn of the prop-
<br />erty, or an} part thereof, Sn its own name ar
<br />n the name tv£ the Trust.re, and do any arts
<br />whit; it dee~zs necessary and desirable to
<br />preserve the ;=aiu~*, *na.rxcetxbility ar rent-
<br />aLility of the property, ox part thereof ar
<br />inter~±~t therein, irt~rease the income t#tere-
<br />fron~ ar pxr+Lect the security hereof and,
<br />s~it?~caut ta.kinq possession cxf the property,
<br />Brae £er or s.~therwise coil~*ct the rents,
<br />iss~ti~s and. pra£its thereof, inr.luding these
<br />gent. dui! and unpaid, and apply the same, Less
<br />caste sand expenses. o£ csparat3.on and <-ollee-
<br />tiear~, irit~ludinc} attaxney fse~s, upon any
<br />i.-sd~br~,iness secu.r~++l t;erekzy, al.i n such
<br />c,xc}ax a l~~s~~ficiary ray dc*terrmine. The
<br />,~trtebrr~y u~:;ru snd taking pc~ssessir.•n nfi the
<br />tratt;t: t,ta.tfa€ life w•olla€~tion a£ auc}~ *~ntrsx
<br />.. ~..
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