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<br /> �0 2ong �s 2rustor ia ^^* at !?��ch timt+ in r3Pfault with respect to payment of
<br /> any indebtednega eecured hereby or in the performance o= any agre�menC
<br /> ;zeraunder. Up�n anY• �uch default, Beneficiax}► may at any time, ezthex in
<br /> persan, by agent, or by receiver �o ba appointed by a court, without notice
<br /> and without regard to the adequacy of any aecuricy iu� �lie inuebtE3r.esa
<br /> hereby secured (a) enter upon and take posaesaion of the Property or any part
<br /> thereof and in its own name eue far or otherwiae collect euch rente, issues
<br /> and profite, including thase past due and unpaid, and apply the same, lese
<br /> costa and expeueeA of operatian and collection, including reasonable
<br /> attorney's feea, upon any indebt�dnese secured hereby and in such order as
<br /> Beneficiary may determine; (b) lease the eame or any part thereof for such
<br /> xental, term and upon auch conclitions ae Beneficiary's judgment may dictate
<br /> or terminate or adjuet the tex�ms and conditions of any existing lease or
<br /> leases. tJnlese Truator and Beneficiary agree otherwise in writing, any
<br /> application of rents, issues or profite ta any indebtednesa secured hereby
<br /> shall not extend or poatpone the due date of the inatallment payments ae
<br /> provided in the Note or change the amount of auch installmenta. The entering
<br /> upon and taking pooseseion of the Property, the collection Qf eu�h re�ts,
<br /> issues and pro=its, and the application thereof as aforesaid, ahall ��pt w�ive
<br /> or cure any default or notice of default hereunder, or invalidate any act
<br /> done pursuant to auch notice. Trustor aseigns to Beneficiary, as further
<br /> security for �the performance ot the inaebtedneae and obliga�ionb �rz4ureu
<br /> hereby, all prepaid rents and all moneys v�rhich ma� have been or may hereafter
<br /> be deposited with Truator by any lessee of the Property, to aecure the
<br /> payment of any xent or damagea, ana upon default in the Ferformance of any af
<br /> the provisions hereof, Trustor aqrees to deliver such rents and depo�its to
<br /> Beneficiary. Delivery of writren notice of Beneficiary's exerciae of the
<br /> righta granted by this paragraph THIRD to any tenant oc�up�ring the Property
<br /> or any portion there�f shall be auffi.cient to require saad tenant to pay said
<br /> rent to Beneficiary until further notice.
<br /> FOURZ'��. If there shall be filed by or against the Trustor any �etition
<br />. or proceeding seeking any arrangement or composition or exteneion of any
<br /> other relief under or pursuant to the Federal Bankruptcy Code or any other
<br /> similar statute as is now or hereafter in effect, or if the Trustor shatl be
<br /> ` adjudicated bankrupt OI' insolvenc vr any oi Tru�i.i�Y'rs Yiv�+�ii.y aaiQi2 iay2
<br /> � been sequeatered and auch decree ahall have continued undischarged and
<br /> unstayed for 90 days after the entry thereof, then the whole of the Note and
<br /> indebtedness hereby secured aY,all, without notiae, at the option of the
<br /> Beneficiary, become due and payable.
<br /> FIFTH. Upon default by Truator in the payment of or performance of the
<br /> terma" and conditions of the Note, or any renewala, modifications or
<br /> executions thereof, the payment of any other indebtednesa secured hereby or
<br /> in the performance of an�r agreement, cove�ant or warranty herein contained or
<br /> set forth in any agreement or instrument executed by Trustor in connection
<br /> with the indebtednesa hereby secured, Benefici.ary may declare all sums
<br /> se�ured hereby immediately due and payable and the same ahall thereupon
<br /> become due and payable without presentment, demand, protest or nota.ce of any
<br /> kind. Thereafter, Beneficiary may deZiver to Truatee a written declaration
<br /> of default and demand for sale. Trus�ee ahall have the power of eale of the
<br /> Property and if Beneficiary decides the Property ia to be sold, it shall
<br /> depoait wi�h Trustee this Deed of Trust and the Note or notea and any other
<br /> documenta evidencing expenditures secured hereby, and shall deliver to
<br /> Truatee a written notice of default and election to cause the Prope�ty to be
<br /> _ sold, and Trustee, in turn, shall prepare a similar notice in the form
<br /> required by law, which shall be duly filed for record by Trustee.
<br /> (a) After the lanse of such time as may be required by law follawing
<br /> �ne �rec:o�dation o€ Notice of Default, and n�tice af B2fauZt .:nd r:c�ice
<br /> of Sale having been given as required by law, Trustee, without demand on
<br /> Trustor, shall sell the Property hereinbefore described, and ar,y and
<br /> every part thereof, in separate parcels or en masse as the Trustee may
<br /> elect and in such order as Trustee may determine on the date and at the
<br /> time and place designated in saic Hotice of Sale, at public auction to
<br /> the highest bidder, the purchase price payable in cash in lawful money
<br /> of the United States at the time of sale. The person conducting the
<br /> sale may, for any cause he or she deems expedient, pastpone the sale
<br /> from time to time until it shall be completed and, in every such case,
<br /> notice of postponement shal'1 be given by public de�laratian thereof by
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