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r 84 - 002D03 of the property by any act or omission to act; and to comply with all requirements of law with respect to the property. 6. Condemnation. In the event the property, or any part thereof, shal be taken by eminent domain, Beneficiary is entitled to collect and receive all compensation which may be paid for any property taken or for damages to property not taken, and Beneficiary shall apply such compensation, at its optioril, either to a reduction of the indebtedness secured hereby or to repair and restore the property so taken. 7. Performance by Beneficiarv. Beneficiary may, but shall have no obligation to, do any act which Trustor has agreed but failed to do, and Beneficiary may also do any set it deems necessary to protect the lien hereof. Tzustor agrees to repay, upon demand, any sums so expended by Beneficiary for the abeve purposes, and any sum so expended by Beneficiary shall be added to the indebtedness secured hereby and become secured by the lien hereof. Beneficiary shall not incur any personal liability because of anything it may do or omit to do hereunder. 8. Inspections. Beneficiary, or its agents, regresenta- tives or workmen, are authorized to enter at any reasonable time upon or in any part of the property for the purpose of inspecting the same and for the purpose of performing any of the acts it is authorized to perform under the terms of any loan instruments executed by Trustor. 9. Assignment of Rents. Beneficiary shall have the right, power and authority during the continuance of this Deed of Trust to collect the rents, issues and profits of the property and of any personal property located thereon with or without taking possession of the property affected hereby, and Trustor hereby absolutely and unconditionally assigns all such rents, issues and profits to Beneficiary. Beneficiary, however, hereby consents to Trustor's collection and retention of such rents, issues and profits as they accrue and become payable, so long as Trustor is not, at such time, in default with respect to payment of any indebtedness secured hereby, or in the performance of any agree- ment hereunder. If any event of default described hereafter in respect to this Deed of Trust shall have occurred and be con- tinuing, Beneficiary, as a matter of right and without notice to Trustor or anyone claiming under Trustor, and without regard to the value of the trust estate or the interest of the Trustor therein, shall have the right to apply to any court having juris- diction to appoint a receiver of the property. 10. Transfer of Pro ert If all or any part of the property or any interest o. Trustor therein is sold, transferred or further encumbered without the express or written consent of Beneficiary, Beneficiary may, at its sole option, declare all sums secured by this Deed of Trust to be i~nediately due and pay- able and proceed to the remedies available to it under the default provisions contained herein. 11. Events of Aefault. Any of the following events shall be deemed an event of default hereunder: (a) Trustor shall have failed to make payment of any installment of interest, principal or principal and interest or any other sums secured hereby when due; (b) There has occurred a breach of or default under any term, covenant, agreement, condition, provision, representation or warranty contained in this Deed of Trust, the note or any other loan instrument secured hereby; Ic) There has been a default by the Trustar in the payment of any prior or subse- -3-