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<br /> . ._ 1.....e aw mrt�fl�'A�' �.O �- �
<br /> proPlte ae thQy r�cc,x�a�+ ar�a �eaome ]uayauia� oM ......� .._ ___ _
<br /> not, a�t auch t�lme, in default with respeot to peyYaent of any !.r►"
<br /> debtedneee eecured hereby, or in the perfoxm���°e of any agxe�ment i�:-,
<br /> her9undero If any e�vent of de�ault des�rib�d Yndreaf�er in se- _
<br /> epeot i:a Cl�ie Doed of Truat ahaLb ha.ve �cs�urred and b� a�ontinu� �_.
<br /> ing, Banefi.aiary, ae a matter o� righi: and wi�hout notiao to
<br /> Txuetor or an.pone c�.a3.mi.ng under Truetor, nnd without xegr�rd t� �,_
<br /> the value oi the t�uet aetute or the intereet of the T.ruat�r =:-
<br /> therein, ehall have the right ta apply to any court ha�rin�,� ��.�ci.s' _-
<br /> diction to appoint a receiver of the psoperty. -=
<br /> 9. �napect�.onK. Beneficiary, ar. its agente, re�pseeenta� �
<br /> tivee or w�rr,kmen, are au�h�x�.�ed to enter a�t any reaeonable tiane
<br /> upon or in an,y par� of the �c��aerty for tba purpose of inr����a�ing _
<br /> auth�ar�izednto�performPumdex��c�� t��������3'�loan in�trum�ente ��
<br /> exsautecl by Tru�tor.
<br /> 10. mranef.er of Pxooe.�y. Sf �,13 0� �.ny part �f �2ne p�op- �
<br /> erty or any intes��L of Truotor the�c�a� �.e eold, �rane�erred or
<br /> Eurther enaumbered �r��hout �he exprer�� or writton aonsen� of
<br /> Bene�Cia�.�.�r, I��s�e�a�iary may. At i�.e eole option, d¢alare all
<br /> Bums eeour�c� Ib�r tln3.a Deed nf Truet to lse immediate7.y due and pay�
<br /> able and ��cxa�ad to the romedie� availabl$ i:o it under the de- -
<br /> fai�lt provi�s�.�*�� c:ontained herein.
<br /> 11. Evsnte o� 1�efault. Any axi� the following evente eht�ll
<br /> be deemed an ev�nt of defav.l� Ilerer�c��las:
<br /> (a) Truatar ehall Da�ve failed ta make
<br /> �aym�snt a�s any installmen� �f xnteres�, p�cxn-
<br /> cipa�. os p�incipal and iret��est �r any ottier
<br /> s�e se�ured heseby when �uef
<br /> (b,1 There hae oaeurxre�l a lr�ea�h of or
<br /> de�ault o�ader any term, a�veme►nt, agreement,
<br /> aonditioss, provin3.on, ragrrcaentntion oz war-
<br /> ra��y aontai.ned in th9.e Deed of True�, tho
<br /> note or any other loan inetrument eecured
<br /> hexeby;
<br /> (c) There has heen a �iefault by tha
<br /> �'ruotor in the �ayment of any prior ar eubae-
<br /> c��nt lien or enaumbrance in reapoat to all
<br /> m� any part of the property;
<br /> (d) Tsustor ehal]. �ile a volnntary po-
<br /> tf�ion in bankruptcy or ��ell be ndjudianted
<br /> bankrupt ar fneolvent, or ehdll mnke nu as-
<br /> �ignment for th� bene�fit of areditore in re�
<br /> spect to L-he propdr�y; os an action to en-
<br /> fprae �nn�y 11en or enaumbr�ace or judga►ents
<br /> againet t�ao property ia commenaed.
<br /> x2. I��aeleretion Uns��n ne�ault. In the event of any de-
<br /> fault, Bar►oficiasy may de�9.�re a].1 indebt�adness secured hareby �o
<br /> be d�xe axtd payabl.e, and the �ame �sI1a11 thereupon b�aome dtxe and
<br /> payab].e withoux any preeentmem�, c��:rnand, proteat or notiae o� any
<br /> kind. Tl�.er�after, Henefic�.ary me►��
<br /> (a) eithe� i.n persoa� or by agent, wi.th
<br /> or witho�at bri�nging anp aotion or proaeed3.ng,
<br /> . � s.__ ..a. ..a di�t�..
<br /> - OI by receiver appoinz�n ux n �vw... .:..-�
<br /> = out reqard to the adequacy of any sec�urity,
<br /> = en�er upon and tiaake poeBeeeion of the prop-
<br /> - @rty, or eny part ther�of, in► ite own name or
<br /> - in th� name of the Trustee, and do aa►g ac�s
<br /> - which i� deems neceseary and dcssirable to
<br /> __ preserve the value, marketal�ilii�y or �ent-
<br /> edbility of the propertiy, or part tirieraAE or
<br /> interee�t therain, increase the income there-
<br /> �rwa ox protect the eeou=].ty neaoi� ana�
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