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<br />such rents, income, and profits unless and until an Event of Default exists under this Deed of
<br />Trust. Upon an Event of Default and whether before or after the institution of proceedings to sell
<br />the Trust Estate or foreclose this Deed of Trust or during any period of redemption, and without
<br />regard to waste, adequacy of the security or solvency of the Grantor, Beneficiary may revoke, at
<br />its option, the privilege granted Grantor hereunder to collect the rents, income and profits of the
<br />Trust Estate,' and Benef ciary may, at its option, without notice, in person or by agent, with or
<br />without taking possession of or entering the Trust Estate, with or without bringing any action or
<br />proceeding, or by a receiver duly appointed, give, ox require Grantor to give, notice to any or all
<br />tenants under any lease authorizing and directing the tenant to pay such rents, income and profits
<br />to Beneficiary, such agent, ox receiver as the case may be; collect all of the rents, issues, income
<br />and profits; enforce the payment thereof and exercise all of the rights of the landlord under any
<br />lease and all of the rights of Beneficiary hereunder; enter upon, take possession of, manage and
<br />operate said Trust Estate, or any part thereof; cancel, enforce ox modify any leases, and fix or
<br />modify rents, and do any acts which the Beneficiary deems proper to protect the security hereof.
<br />Any rents, issues, income and profits collected shall be applied to the costs and expenses of
<br />operation, management and collection, including reasonable attorneys' fees, to the payment of
<br />the fees and expenses of any agent or receiver so acting, to the costs incurred by the Beneficiary,
<br />including attorneys' fees, to the payment of taxes, assessments, insurance premiums and
<br />expenditures fox the management, repair and upkeep of the Trust Estate, to the performance of
<br />landlord's obligations under any leases and to the Obligations all in such order as the Beneficiary
<br />may require. The entering upon and taking possession of the Trust Estate, the collection of such
<br />rents, issues, income and profits and the application thereof as aforesaid shall not cure or waive
<br />any defaults under this Deed of Trust or affect any notice of default or invalidate any act done
<br />pursuant to such notice nor in any way operate to prevent the Beneficiary from pursuing any
<br />other remedy which it may now ox hereafter have under the terms of this Deed of Trust or any
<br />other security given for the Obligations nor shall it in any way be deemed to constitute the
<br />Beneficiary amortgagee-in-possession.
<br />Section 7.02. Beneficiary's Right To Perform Under Leases. Should the Grantor fail
<br />to perform, comply with or discharge any obligations of Grantor under any lease or should the
<br />Beneficiary become aware of or be notified by any tenant under any lease of a failure on the part
<br />of Grantor to so perform, comply with or discharge its obligations under said lease, Beneficiary
<br />may, but shall not be obligated ta, and without further demand upon the Grantor, and without
<br />waiving or releasing Grantor from any obligation in this Deed of Trust contained, remedy such
<br />failure, and the Grantor agrees to repay upon demand all sums incurred by the Beneficiary in
<br />remedying any such failure together with interest at the then rate in effect on the Notes. All such
<br />sums, together with interest as aforesaid shall became so much additional Indebtedness Secured
<br />Hereby, but no such advance shall be deemed to relieve the Grantor from any default hereunder.
<br />ARTICLE VI>CI
<br />MISCELLANEOUS
<br />Section S.pI. Property Deemed Real Property. It is hereby declared to be the
<br />intention of the Grantor that all rights of way and easements granted or given to the Grantor ar
<br />obtained by it to use real property in connection with the construction, acquisition, ownership,
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