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<br />12. l\ccclerati,(ln IJwn Def?lult:. tn <br />Beneficiary may, declare a 1:1: lndeotednelil5 <br />and payable, and the same shall tJlere"p<)ll <br />w: i-thou t. u.n.:; pr€ser:tme-nt.1 dem+~rvj~ <br />There..fter, Beneficiary may: <br /> <br /> <br />84 ...... <br /> <br />008160 <br /> <br />the same and for the pUTposa <br />authorized topetform under <br />executed by Trtistor. <br /> <br />10. <br />property <br />or further <br />Beneficiary, <br />sums secured <br />able and <br />defaul,t <br /> <br />11. <br />be deemed <br /> <br />(al <br />payment of any <br />prillcipal or <br />other sums secured <br /> <br />(b) There ha.. occurred <br />default under any term. <br />condi tion, provi slo,n, <br />warranty contained. in this <br />not,e, or any other ,loan <br />hereby 1 <br /> <br />( c) 'l'llere has bee n a <br />Trul>tor in the payment of ,anY <br />quent lien O( (3ncumbranoe in <br />or any part or the property: <br /> <br />ld) Trustor sh",n file <br />petit ion in bankruptcy or shaH .'.be adiy.di: <br />cated hankruptor in$olvent, or.5hallnlbkei<iln <br />aui9runent for the t~nefi t of cxediton in <br />rasp!!ct to th8 property! or a!llllcti/.}~t.o <br />enforce 4'ny li,en or- tH)-c\.nniH:~a.nc-e-__ ot- -j-u:q9~en-tg'~ <br />agAinst the property if,; co~nced. <br /> <br /> <br />(al either in per:,>on or by agent, witll <br />or ...ithout brin'iJing any action or proceeding} <br />or by receiver apIJointed by u court and with- <br />out regaxd to the adequacy oiany se,cl.ld.ty, <br />enter upon and take poss.e$sion of the pl:Op- <br />erty, or any part thereof., in its own ni;l.me or <br />in the name of the 'l'rustce, i1nddO ap)' acts <br />which it deems necessary ilnd desirable to <br />preserve the 'fa 1 ue. mil rk",tab i 1'i t Y or rent- <br />ability of the. propert.y, Ot' part thar'eat or <br />interest therein, increase the income tnel"!:!- <br />from or protect the ~,;ccuri t.y he,ceof dnd t <br />without taking possession of the pl,operty, <br />sue for or otherwise co.Uect:. the rents, <br />issues and profits thereof. including those <br />past:. dUe and unpaid, and 'lpply the same, Ie;;lI <br />costs ilnd expenses of operation .')fld collec- <br />tion, including attorney fees, upon <:lny <br />indebtedne,ss se<::ured hereby! <111 in ,;ueh <br />Qrder- _ _as -nc-nc.fi:ctnry ..m;t)' d(~tc rngi nc:. _ The <br />entering upon and t.ak.~l1g posscs"ion of the <br />t,r;\.H~t_ es:ta_te f tht.il c011 cct:i.oJl of suCh rt1nts, <br />i.ssue_s and pro-fi't.s i,ilH:f appl iC~lti(.in ,thc:renf afj <br />aforesaid Bl;1all not cur.:, orwaivu. ilny deUll;lt:. <br />Or notice of default herm.;nder OJ' inv<11idate <br />any act and ill n"spo:"se to ,;\Jeh defdult Ot' <br />pursuant t05u.ch notice of default a"d, not.- <br /> <br />-J- <br />