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.�......o...�, . .�,.=..w.-.R......_.�.. :1 <br /> ,.,.:" "__:;:.;,w��`...,`..+�':'"...:.:.:.{..,:.:...� <br /> _ <br /> � ,,„,�„.,�..,.�.r,►«�+r.. . ... <br /> , .. _ <br /> ; `.__ ' _��. <br /> „ .,.� .. ,.. '",�` <br /> � ,,.��,• <br /> .. . .,,un; K. <br /> ��-�....�.�.-- -- ---- ---._....� - - - _-_ <br /> ._ �.�_�.__. <br /> _. _—�,...n��!"r+.o�'�r* �.ur�,k:��'� ..`L.:..,. —.�:,i_._-_ ;^_�---�•-`•�a�r =:��..Rw�a:,c�.x,.,�.na�.�.t.......,._�, ..�.' .�.-- <br /> • r <br /> . • �. . <br /> • ��=' �.Q��ri��� �;_.... <br /> Y,endex. �he Por.eqoinq we�rrunties and repraoentatione, and <br /> H�rrawrer'e obliga��.ane pu�eauan� �o �ha �aragoing ind�m�xi�y, ahall �=- <br /> �uxviva repaymon� oP the Note and �he recanvayanoe� of �hie Deod <br /> of. Truati o ti'�`� <br /> y. , _ _.. c� .. � ae�� � � .. ..a fl.. ..�`..� �� • -- <br /> Y��1 'Sl:::CaSL VL Lec:ttc� •y�_•�•^•�•is�•aee- v� ww <br /> ad�itional eecurs�y ereun er, Horraw�r here y ase gne �� �Lender --- <br /> the ren�e, iseues and profite o� the Property, pxovided that <br /> Box�rower ehall, pr.±or to acce].eratl.on u�nder paragraph 11 hereof <br /> or abandonment o£ the ��o�s�xty, have �he xiqht tc collect and _ <br /> re�tain suah xente, iesuee ancl profite as they Y�ecome due and pay- <br /> able. U�or_ acce7 e��i;:���n c.x abanddmmen� o£ the Property, Lender __ <br /> may, eithor..ir. gereon or '�y agenk� with or withou� bringing any <br /> action or proaeeding, or by a receiver appointed� by a court and <br /> withou� regard ta ��e aaequaoy or its aecuri�cy, c�nLe�r �upv�i a;ia <br /> take poeaesaion of the Property, or any part thereo£, in i�s own <br /> name or in �he r�aiite o� �he Tfua�ee, and do any act� crhic.h 3t - <br /> deeme neaeesary or desirable to preserve �he vaxue, marketability <br /> or rentability pE the Property, Qr �ny �ar� thereof or interes� <br /> therein, increase the income therofrom or protect the aecuri�y <br /> heraof and, witih or without taki.ng poesasaion of the Proper�y, <br /> sue for. or atherwise collsct the rents, 3s9ues and pro�ite <br /> thereQf, inalud�.ng thQSe paet due and unpaid, and �ppty the same, _ <br /> lese coats and eMpenees of operation and collaotion, including <br /> attorneys' fees, upon any indebt�dneee secured hereby, a11 in <br /> such order as �ender may determine. The entering up�n and taking <br /> posee�ssion of the Pruperty, the col].ection of such rer�ts, iasuea <br /> �r.d grcF3ts �n3 the ?r�l�r.ari[�n therenf as aforeaaid, sha].1 not <br /> cure or wa3.ve any defaul� or notice o�f defau].t hereund�r or <br /> invalidate any ac� don� ixi responae to euch defaul� or pursuan� - <br /> to suah notioe of default and, uotwithstanding the continuanae in <br /> poasession of the �roperty or the colleotion, rece�.pt and app].ic�- <br /> ti�n of re��s, i.ssuea or profite, and Trustee and 3�ender ehalJ. be <br /> entitled to exerci�se every r:Lght provided fox in any of the 'Loa�► <br /> Tns�ruments or by law upon occurrence of any 1Event of Default, <br /> including� �vithou� limi�ation, the r3ght to exeroi.se the power of <br />- sale. I'urther, Lender's righ�e and remediee under thie paragraph <br /> 9 sha].l be cumulative with, and in no way a limitat�.on on, <br /> Lendsr's righta and remedies under any Assignment of Leaeee and <br /> Renta �acarded �gai�s'� the Property. Lender, Truetee and the <br /> receiver ehall bo 13able to acaount only for tIiose rente aatually • <br /> rec:eived. <br /> 10. Evat�ts nf Default. The followinq sha11 conatitute <br /> - an Lvent o� Default under th s Aeed of Truets <br /> (a) Fai].ure to pay any installment ot <br /> principal or interest or any other s�um aecured hereby <br /> when due, or Eailure to pay when du� any other indebted- <br /> nesss o£ Horrower to Lendert <br /> Qb) A bxeach of or defaul� under any provi- <br /> -- eion contained in the Note� �hie Ueed of Trust, any of <br /> the Loan In�trumen�s, or any other encumbrance upon the <br /> Pioperty, after. giving effect to any a�,plicable aure <br /> period contiained �herein= <br /> _ (c) A wr�.t of ex�cution or attacYunent or �ny _ <br /> simi,lar procese �hal1 be �ntered againet Borrower which <br /> - ehall b�come a lien on the Property or any port�on <br /> - �hereof or intereat therein� <br /> � (d) Thore shall be filed by or against <br /> '� Horrower an action under any pi oaent vr guture federal, <br /> � o�ate or other a�atute, law or regulation relating to <br /> bankrupticy, insolv�ncy �r other relief for debtioret or <br /> -:� thore ahall be appainted any trustee, receiver or _ <br /> � liquidator of Borrower or o E all or any paxt of �he <br /> - Property, or the rentie, i.esues or prog3.�s thereof, or <br /> Borrower ehall make any general assignment for the _ <br /> benefit of credit�rst . <br /> ; -4- <br />