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<br /> Lenc��r- The foregoing werranti�• and r�pre�entACipne, and
<br /> 8orrower' � cbligatione purouant to the �oregpinq inda�nnity, ch�ll
<br /> survive repaym�nt of t�e Noto and the reconvsyAnce oE this Deed
<br /> of Tr�.e9t.
<br /> 9. Aasi nmant �f Ronts Ma�na emant o� Pra�Prt . As
<br /> ad�itic�nal �ec��sc� ereu� er, Borrower ere ; ase gne to Lender
<br /> the rent�� is�a�:as and protits of tha Praperty► provided that
<br /> 8orxawor stna].�,, Qrior to accaleration under paragraph 11 heraaf
<br /> or abarrdanmen� of the Property, have the right to collac� and
<br /> retain suo?► re�ts, i�sues and profite as they become, Au� and pay,
<br /> ablo. upon acce�l�xation or Abandonment of the Proparty. Zender
<br /> may, either in p�rson or by a►gent, with or wi�hout brfnginq any
<br /> aation or pro���dinq� or by a receiver appointed by a court and
<br /> wi*_haut ragnrd xo the adequncy of its aecur£ty, enter upon and
<br /> take possesai.on of the Praperty, or any part thereof, in its own
<br /> nam� or in the name of the Truetee, and do any acts which it
<br /> deem� naceasary or desirable to preserve the value, mnrketabilxty
<br /> or remkahi3l�y of the Property, or any part thereoE or interest
<br /> th�re3.n, inarease the inaome therefrom or protect the aecurity
<br /> hereof and, with or without taking poscession of the Property•
<br /> sue for or otherwise collect the rents, iasues and profits
<br /> theredf, i���lud3ng those past due and unpaid, and apply the same,
<br /> less costs an8 expenses of operat3on and colleation, includinq
<br /> attorneyE' fees, upon any inc3ebtedness secured hereby, all in
<br /> such vrd�x as Lender may determine. The enterfng upon and taking
<br /> passQSSion of the Froperty, the collection of such rents, issues
<br /> and pxof3ts and the apglication thereof as aforesaid, shall not
<br /> cure or waive any default or no�iaa of default hereunder or
<br /> inval idate unp act done in reaponse to such default or pursuant
<br /> tn such notice of default and, nott�ithstanding the cantinuance in
<br /> possesafon of the Property or the collection, xeceipt and applica-
<br /> t�on of rents. iesues or profits, and Trustee and Lender shall be
<br /> entitled to exercise every right provided for in any of �he Loan
<br /> Ynstruments or by law upon occurrence of any Event of DefauZt,
<br /> _ . „ �,;�.,�r�� �i}t,�,.± t;u.i:t-ation, the right to exercise the power of _
<br /> $age. Further, Lender's rfqhte and reme3ies under this paragra�H-�-
<br /> 9 shall be cumulative with, and in no way a limitatfon on,
<br /> Lender's rights and remedies under aeny Assignment of i,eases and
<br /> Rents recosded against the Propprty. Lender, Trnstee and the
<br /> receiver shall be liable to account anly far those rents aatually
<br /> received.
<br /> 10. Bvents of Default. The folZowing st�21 conatitute
<br /> an 8veat of Default under s Deed of Trust:
<br /> (a) Failure to pay any installsneat uf
<br /> principal or interest or any ether sum securea� hereby
<br /> when due, or failure to pay when due any other indebted-
<br /> ness of Horrower to Lender;
<br /> (b) A breach of or default under anlr provi-
<br /> sion contained in the Note, this Deed of Trust, any of
<br /> the Y►oan Instrttments, or any other encumbrance upon the
<br /> Property, after givinq effect to any applicable cure
<br /> - peria3 contained therein;
<br /> (c) A writ of execution or attac�aent or any
<br /> similar proaess shall be entered against Borrower which
<br /> - ahall become a lien on tIze Property or any portion
<br /> thereof or interest therefnt
<br /> (d) There shall be filed by or against
<br /> Borrower an action under any present or future federal,
<br /> state or other statute, law or requlation relating to
<br /> bankruptcy, fnsolvency or other relfef For debtors; or
<br /> there shall be appointed any trnstee, receiver or �.
<br /> = liquidator of Borrower or of all or any part of the
<br /> ° Property, or the renta, issues or profits thereof, or
<br /> ,� Borrower shall make any general assignment for the
<br />:� benefit of creditors;
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