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<br /> �•N ��Yi'��� '"-
<br /> y�r
<br /> �- . hereof. Benefici.ary eha].l not incur any personal liability be-
<br /> '� Y cauoe of anything it may do o� omit to do hereunder.
<br /> �. ��qn�t o:F R�tg. Benef.iciary ahall have the right,
<br /> � '� power and authority during the continuancP of thia Deed of Truar, � 4
<br /> to collect the rente, ieeuee and profite ofc the property and of ,::.,
<br /> ---� any pereonal property located therr�on with or wir.hout �aking poe-
<br /> session of the property affected hereby, and Truetor hereby abso- .'`�,
<br />� lutely and unconditionally aesigns all euch rents, ieeues and r�°
<br /> s�• pr�fits t4 Beneficiary. Beneficiary, however, her.eby consente to �'
<br /> Truetor's collection and retention af euch rente, iseues and ����-
<br /> '�� profit� ae they accrue and become payable, so long ae Truetor i.e =
<br /> �{ not, at euch time, in default with reapect to payment of any in- �
<br /> debtednese Becured hereby, or in the performance of any agreement
<br /> . .�'� hereunder. If any event of de�ault deecribed herea£ter in re- -
<br /> spect to thia Deed of Trust shall have occurred and be continu-
<br /> � .� . ing, IBeno�iciary, as a matter of right and without rxotice to �_
<br /> . -� Tr.uetor or anyone cl.aiming under Truator, and without regard to __
<br /> the value of the truet estate or the interest of the Trustor m
<br /> .., :;.,,._.
<br /> therein, shall have the right to apply to any court having jurie- �
<br /> diction to appoint a receiver of the property. �
<br /> '.�'� - g, TnanA�6. BeneEiciary, or ite agente, repreeenta-
<br /> . ..,
<br /> ��� �iv�e or workmen, are authorized to enter at any reaeonable time
<br /> ".',F�•?��r_ _ upon or in any part of the property for the purpoae of �.nepecting
<br /> the eame and for tlie �+urp:ra2 af performin� any of the acta it is
<br />- �� �:�� auL-horized to per£orm under the tierme of any loan inatrumenta _
<br />-�.Y�-..z.�ri EXCC:LILCti L� aiuo�C�ia. -
<br />�ir`?�,;:� ,
<br /> '""'�� 10. �"anc� Pr o Pro�ertv. If all or any part of the px�p-
<br /> '°'�v��r.� .
<br />:.�.��t";;- �:t erty or any interest of Truetor therein ie eold, transferred or
<br />--��t,_� further encumbered without the exprese nr written consent of
<br /> _ -�� Beneficiary, Beneficiary may, at ita sole option, declare all
<br />--���s�:�r� sums s�cuxed by thie Deed of Truet to be immedi.ately due and pay-
<br /> �=-��� able and proce�d to the remed�.es available to it under the de-
<br />-='�'��� �au7.t provieions contained herein.
<br />_.;.,�
<br /> = 11. F�rr�ntg of Default. Any of �he follows.ng evente ahall
<br />�-'—= be deemed an event of default hereunder:
<br /> -- (a) Truator ena11 have failed to make
<br /> payment or any i.nstallment of interest, prin-
<br /> '"� cipal or principal and interest or any other
<br /> ' sum� eecured hereby when due;
<br /> � (b) There hae occurred a breach of or
<br /> def�ult under �ny term, covenant, agreement,
<br /> 2. condition, provieion, repreeentation or v.•ar-
<br /> s _- rantiy contained in thia Deed of Trust, tY�e
<br /> ����� notie or any other loan instrument eecured
<br /> --=—- hereby;
<br /> T�,
<br /> -=��y�;� (c) There hae been a d�fault by the
<br /> --�=��4=� � Truator in the payment of any prior or gubse-
<br /> :.,ru�'��'�;i
<br />_.;ty��.��'; quent lien or encumbrance in respect to a11
<br /> . ,,.,;;�,�3;�� or any part of the property;
<br /> ;:s;�<<�� � .i —
<br /> ������ °� � ! (c�) xruator aha7.1 file a voluntary pe-
<br /> -':e3;:"'�;.1 � -
<br />-;'t;��.:>�:_�,_ 'r¢; tition in bankruptcy or ehall be adjudicated .
<br />'�"':�`'�'�' " ban}crupt or insolvent, or ehall make an a�-
<br /> �� ���� ° signment for the benefit of creditors in re- -
<br />---��'� � ero�� r� rhA nrnnPrtvs �r an action tio en- _:
<br /> � , � 3��, f orce any 1 ien or encumbrance or j udgmente _
<br /> � Y "'�'''� ' againsL- the propexty is commeziced. =°
<br /> i.,��.pl���f'`.-� .
<br />` ... . 1 ..
<br /> � � � 12. �cce�er�t,ian Tj2on DefaLlr.. I1n the event of any de- -
<br /> c fault, Beneficiary may declare all ind�btednesa seaured hereby L•o
<br />_ . �:' be due and payable, and the eame ehal� th.ereupon become due and =
<br /> • � payable withouti any pxeeentment, denland, protest or notice of any
<br /> kind. Therea£ter, Benef iciar�► may:
<br /> �:, x�
<br /> ��;
<br /> _: .��,�
<br /> �, :,
<br /> '.�'.� 3
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