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<br /> 201006606
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<br /> 7. Condemnation. In the event the Property, or any part thereof, shall be taken by
<br /> eminent domain, Beneficiary is entitled to collect and receive all compensation which may be
<br /> paid for any Property taken or for damages to Property not taken, and Beneficiary shall apply
<br /> such compensation, at its option, either to a reduction of the indebtedness secured hereby or to
<br /> repair and restore the Property so taken.
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<br /> 8. Performance b Beneficiary. Beneficiary may, but shall have no obligation to, do
<br /> any act which Trustor has agreed but failed to do, and Beneficiary may also do any act it deems
<br /> necessary to protect the lien hereof. Trustor agrees to repay, upon demand, any sums so
<br /> expended by Beneficiary for the above purposes, and any sum so expended by Beneficiary shall
<br /> be added to the indebtedness secured hereby and become secured by the lien hereof. Beneficiary
<br /> shall not incur any personal liability because of anything it may do or omit to do hereunder.
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<br /> 9. Assignment of Rents. Beneficiary shall have the right, power and authority
<br /> during the continuance of this Deed of Trust to collect the rents, issues and profits of the
<br /> Property and of any personal property located thereon with or without taking possession of the
<br /> Property affected hereby, and Trustor hereby absolutely and unconditionally assigns all such
<br /> rents, issues and profits to Beneficiary. Beneficiary, however, hereby consents to Trustor's
<br /> collection and retention of such rents, issues and profits as they accrue and become payable, so
<br /> long as Trustor is not, at such time, in default with respect to payment of any indebtedness
<br /> secured hereby, or in the performance of any agreement hereunder. If any event of default
<br /> described hereafter in respect to this Deed of Trust shall have occurred and be continuing,
<br /> Beneficiary, as a matter of right and without notice to Trustor or anyone claiming under Trustor,
<br /> and without regard to the value of the trust estate or the interest of the Trustor therein, shall have
<br /> the right to apply to any court having jurisdiction to appoint a receiver of the Property.
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<br /> 10. Inspections. Beneficiary, or its agents, representatives or workmen, are
<br /> authorized to enter at any reasonable time upon or in any part of the Property for the purpose of
<br /> inspecting the same and for the purpose of performing any of the acts it is authorized to perform
<br /> under the terms of any loan instruments executed by Trustor.
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<br /> 11. Transfer of Property. If all or any part of the Property or any interest of Trustor
<br /> therein is sold, transferred or further encumbered without the express or written consent of
<br /> Beneficiary, Beneficiary may, at its sole option, declare all sums secured by this Deed of Trust to
<br /> be immediately due and payable and proceed to the remedies available to it under the default
<br /> provisions contained herein.
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<br /> 12. Events of Default. Any of the following events shall be deemed an event of
<br /> default hereunder:
<br /> (a) Trustor shall have failed to make payment or any
<br /> installment of interest, principal or principal and interest or any
<br /> other sums secured hereby when due;
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<br /> (b) There has occurred a breach of or default under any
<br /> term, covenant, agreement, condition, provision, representation or
<br /> warranty contained in this Deed of Trust, the note or any other loan
<br /> instrument secured hereby;
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<br /> (c) There has been a default by the Trustor in the
<br /> payment of any prior or subsequent lien or encumbrance in respect
<br /> to all or any part of the Property;
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<br /> (d) Trustor shall file a voluntary petition in bankruptcy
<br /> or shall be adjudicated bankrupt or insolvent, or shall make an as-
<br /> signment for the benefit of creditors in respect to the Property; or
<br /> an action to enforce any lien or encumbrance or judgments against
<br /> the Property is commenced.
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<br /> 13. Acceleration Upon Default. In the event of any default, Beneficiary may declare
<br /> all indebtedness secured hereby to be due and payable, and the same shall thereupon become due
<br /> and payable without any presentment, demand, protest or notice of any kind. Thereafter,
<br /> Beneficiary may:
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