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<br /> ` the sapw and for the purpoae og performinq any of the acts it i�
<br /> n� W autharizad to perform under the tarma of any loan iaotrumonts
<br /> ,, � .,�, exaautod by Trustox.
<br /> � , :,�'.»;,
<br /> � � 9. Tranafer of the Pro r� . if all or any part of the
<br /> � :.:,:.�.;`:,. �.:�, Proparty or any nterest o Trustor therein ie sold, transferred
<br /> ��fi�:' or further encumbered without the exgresa or written aonsent of
<br /> ��:::.�::� ..
<br /> .. ,�,. � Be�neficiary, Benefiaiary may, at ita sole option, dealare all
<br /> . ,.,r,�.
<br /> ,�,;;:�,,..:k�.�;�'� sums secured by this Deed of Trust to be immediately duQ and pay-
<br /> �''''°"�'�� •+s!�'� able and proceed to the remedies available to it under the
<br /> —aiF:��,.s.o-
<br /> �:' defaalt proviaions aontained herein.
<br /> ��� '" .,�:�
<br /> =� .� � 10. Events of Default. Any of the followinq evente ehall
<br /> �: :.;�.: be dee�aed an event o e ault hereunder:
<br /> —�..:��.;:
<br /> -"—' ?..•�.,.. � � (a) Trustor ahall have failed to make
<br /> r ��• �` " �`' payment of any inatallment of interest,
<br /> ����= � principal or principal and interest or any
<br />-- � �:_�_=�---�;- -- . other eum� s�ecured hereby when due= _ .
<br /> ��. ; . (b) There has occurred a breach of or
<br /> =•=��:} � ,,.- default under any term, covenaat, aqroement, °"�'
<br /> �,, o.+a � condition, provision, representation or
<br /> =ia.s�' . ' warranty contained in this Deed of Trust, the
<br /> ��' - �---
<br /> __,�����_�-;��-�� �, nate or any other loan instrument secured
<br /> "`= herebY i
<br /> ;�, ,. •..
<br /> - ' ' (c) There has been a default by the _
<br /> + Trustor in the payment oE any prior or subse-
<br /> � +�+• __ quent lien or encumbrance in respeat to all ��
<br /> -R��" ' or any part of the Propertyt
<br /> _i:.� .
<br /> - � � (d) Trustor ahall file a voluntary
<br /> '"`°;_.: � petition in bankruptcy or shall be ad judi- --
<br /> _ cated bankxupt or insolvent, or shall make an
<br /> - `�` _..; � asaignment for the benefit of creditors in
<br /> -.. , � � respect to the Property; or an action to
<br /> _ � enforce any lien or encutnbrance or judqments
<br /> _- � � ;;� . against the Property is commenced.
<br /> • c•M�a...-. . y�..
<br /> =*�:� � 11. Acceleration U on Default. In the event of any default,
<br /> "�'� •� - '�t'��• �� Beneficiary may declare all ndebtedness secured hereby ta be due --
<br />=`t� "'`x�-= and payable, and the same shall thereupon become due and payable -: -
<br /> �.�
<br />��":. � � , �'�.�� without any presentment, demand, protest or notice of any ki:sd.
<br />-= � .. �'` Thereafter, Beneficiary may:
<br />_�.�� ,,•' . .. ��•.
<br />= ` " :. � (a) either in person or by agent, with ��'
<br /> '� Y�;�.:,, � or without bringing any action or proceeding, _
<br /> !�,' � - or by receiver appointed by a court and with- --•
<br /> - ' :p out regard to the adequacy of any security, _
<br /> � �c���-. � , enter upan and take possession of the Prop- "
<br /> � � erty, or any part thereof, in fts own name or
<br /> ' ' in the name of the Trustee, and do any acts tz,:
<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 income there- �
<br /> . ".. from or protect the security hereof and, .
<br /> " without taking possession of the Property, i
<br /> � sue for or otherwise collect the rents,
<br /> s, 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 s�cured hereby, all in such
<br /> order as Beneficiary may deter�mine. The
<br /> ' entering upon and taking possession of the
<br /> trust estate, the collection of such rents,
<br /> ` issues and profits and application thereof as
<br /> � aforesaid shall not cure or waive any default
<br /> . i or notice of default hereunder or invalidate
<br /> I any act and in response to such default or
<br /> � � i pursudnt to such notice of default and, not-
<br /> ,�� •� � "1 withstanding the continuanc� in possession af
<br /> ..d.
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