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<br /> � (b) There has occurred a breach of or �-�-- ��'-' _
<br /> .. ° default under any term, covenant, agreement, --�,���
<br /> j � , , candition, provieion, representa�ion or war-
<br /> ranty cantained in this Deed of Trust. the �"� `��
<br /> -�- note or any other ].odn inetrument aecured � ...�:i�.�<<��.=�-`.:��
<br /> : ., .
<br /> ._ _�•_r.-,Y..- ------. ._
<br /> ��:�
<br /> � herebyr a�,,;:���...�
<br /> :.....:�
<br /> een a default by the �� . .����'a`
<br />- (c) There has b , :�t.�r.;�.�,i.°.r
<br /> Trustor in the payment of any prior or subse- ,,,a.:;s:;.,,,.
<br /> quent lien or encumbrance in respect to all ' '..`_+`-r�.:-
<br /> ..�..... �
<br /> or any part of the propertys � " -
<br /> j. ,
<br /> (d) Trustor shall file a voluntary
<br /> petition in bankruptcy or shall be adjudi-
<br /> cated bankrupt or ins�lvent, or shall make an �� , _ , r-��r�
<br /> `.,�.�.u,.�
<br /> assignment for the benefit of creditors in :��;,_�_
<br /> respect to the property= or an action to __
<br /> � enforce any lien or encumbrance or judgments � ' �f- �•�- �
<br /> aqainst the property is commenaed. �� �
<br /> ' � .r yA'___'
<br /> 11. Acceleration U on De�ault. In the event of any default, - , �
<br /> Beneficiary may dec are a 1 nde t@dness secured hereby to be due •;,�;�,�`
<br /> and payab�e, and the same shall thereupon become due and payable �
<br /> without any presentment, demand, protest or notice of any kind. 4�;y.
<br /> Thereafter, HenPficiary mays "' '�
<br /> •i-,n.�.,�—
<br /> (a) either in person or by agent, with � ;F;,��.
<br /> �� �+ � or without bring3.nq any action or proceeding, ; �x�` ��
<br /> 1 �;P••
<br /> � � - - " or by rrsi:eiver appainted by a co��rt And with- __1� ��
<br /> out regard to the adequacy of any aecurity, �
<br /> en te x upo n a n d t a k e p o s s e s s i o n o f t he pro p- � � y
<br /> erty , or any part thereof► in its own name or .
<br /> in the name of the Trustee, and do any acts ; � `
<br /> � which it deems necessary and desirable to �.
<br /> � preserve the value, marketability or rent- � �_
<br /> ability of the property, or part thereof or
<br /> interest therein, increase the incorne there-
<br /> from or protect the security hereof and,
<br /> without taking possession of the property, _
<br /> sue for or otherwise co].lect the rents, °-
<br /> issues and profits thereof, including those .
<br /> past due and unpaid, and apply the same, less
<br /> costs and expenses of operation and collec-
<br /> tion, including attorney fees, upon any
<br /> indebtedness secured hereby, all in such ,
<br /> order as Beneficiary may determine. The
<br /> antering upon and taking possession of the
<br /> trust estate, the collection of such rents,
<br /> issues and prufits and application thereof as
<br /> aforesaid shall not cure or waive any default
<br /> � `,, or notice of default hereunder or invalidate
<br /> ' '' any act xnd in response to such default or
<br /> � pursuant to such notice of default and, not-
<br /> � withstanding the coi�tinuanc� in possession of
<br /> the property or th� collection, rec-.eipt and
<br /> application of rents, issues or profits,
<br /> � Trustee or Beneficiary may be entitled ta
<br /> exercise �very right provided for in any of
<br /> I the loan instruments or by law upon occur-
<br /> rence of any event of d�fault, including the
<br /> � right to ex�rcise the pow�r of sale;
<br /> 1 11+1 n.�mmnrir�r� :att :il`t1011 t0 foreclose
<br /> �.rr
<br /> this Deed ofyTrust as a mortgage, appoint a
<br /> receiver, or specifically enforce any of the
<br /> covenants hereofj
<br /> 1 (c) deliver to Trustee � written
<br /> declaratioci �f dtPault and demand for sale,
<br /> and a written notice of default acid �lection
<br /> � to cautse Trustor'a interest in the properry
<br /> to be sold, which notic� Trustee shall cause
<br /> � to be duly fil�d for record in the off.icial
<br /> � -�- �
<br />
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