|
c� 'aY.-4�=� . . . . �. .. . � �` ' (.. LtF. , . ` K4 l t. d
<br /> � �' ...1 ..L� :ii� .�� __
<br /> ' . __T ...— . � . j . . _ . _ .� x __ _ _ ,l_ ."_ _ _ _ .0 - .
<br /> ' .r.� r:. i� , . . � .
<br /> 1 i
<br /> �. F _ -{� ,_ ` � � - �� - t ,L c
<br /> '-f � t - o< �� .5,�� � i� n .� r z �Y E . c "--`y t.. _
<br />. '.\ ' _ ...O -t..`..s�. 6' �4' t.'tt" (. '�a. ' _ _C.c$ _za�_. -- Y - . . -
<br /> _ .KfC:Y y �. ..
<br /> - _ �L , - ,;r,. V.�'
<br /> . �:�:`:� . � 9�° ��;�. .,: _ - : r� _
<br /> . ���� , .
<br /> .� �: , ,:
<br /> s �, . j aay.personal property Ioca�ed therean ��tand Trus�or�h8rebygabso- -'�=�— - _
<br /> ' , •: ,: seesion of t�e Prop�rtp affected hereby, . - �
<br /> � . `
<br /> � ` 1u�ely aad uncoaditioaally assigas all such rents, issnes and
<br /> � ,� profits to Benefiaiary. Beneficiary, hawever, herebY aane�ats to �: (�,�
<br /> � � Trustor's collectioa and retention of suah ren�s, issue� and �` �:. l
<br /> profi�s as they accrue snd beaome papable, so long $s Trustor ie s. ,
<br /> ' •.: . not, at such time� in �efault witb reapect to pay�ent og say in- , -
<br /> , �<`�� debteduesa aecured hereby, or in the performaace of any agreement - � .
<br /> ) �,.'^°v T.� .. .
<br /> i V..
<br /> nt -�-`- - hereunder. Zf anp eeea� o€ default described hereafter ia► re- _ _
<br /> ���_��. `� spec� to this, Deed of Trust shall hane accurred and be continu-
<br /> inq, Beneficiary, as a matter of riqht and without notice to � 'v,
<br /> :.. � .':,`� ' Truator or aag�one claiminq under Trustor, and without regard tco ' _
<br /> the value of the truat estate ar the iater�st of the Trustor _ __;;F":'_
<br /> � therein, shall have the right to apply to aay court haniag jurie-
<br />-,- . � diction to appoint a receiver of the PrapertY• . �- -. .�.-
<br />. �--,.
<br /> ".<4 g. Ins�ctiona. Beneficisry, or its aqents, repreaenta- - v`
<br /> �� ��, 4- tives or workmen, are authorized to enter at any reasonable time , v_ -
<br /> ... upon or in aap part af the Property for Y.he ptaspose of inspectiuq
<br /> of the acts it is �„�:• '` '
<br /> � • the same and for the purpose of performing anY , _
<br /> �. - _ � anthori.zed to perform under the terms of any loan instruments . ,
<br />_ executed by �'rustor. - .'__
<br /> -- ` ` 10. Transfer of Propertv. If all or any pazt of the .-` °--
<br /> . . Propertp or aay iaterest of Trustoz therein is sold, traneferred '�• -�• -- - --
<br /> � or further enanmbered without the express or writ'ten consent of �_.
<br /> � Heneficiary, Benefiaiary may, at it� sole option, declare all
<br /> .. . sums secnre��tto9theeremedie�available�to ittundex thede-�p ,°--�-
<br /> able and pr _ -�-
<br /> , . ,� j fault provisioas conta3.ned herein. -.=�
<br />_��,, , ___
<br /> . ;:�� ll. Svents of Default. Anp of the following evente a�all l? _
<br /> . � be deemed an ev�at of default hereunders , ,� ��
<br /> • ' ,.,<..5., --_-
<br /> � . .. � . .-.�a',y;,4 .
<br /> , . � . �;. (a) Trustor shall have failed to make . ;�•
<br /> . : . ' paymeat or anp iastallment of interest, Prin- .. ___
<br /> � � . cipal or principal aad interest or any other �-� ..+: ___
<br /> ' , , au�s secured hereby when due; •.- �:.���
<br /> • �.�-,_;�.,�
<br />. � �' (b) There has occurred a breach of or A� ;�� �'�-��
<br /> � � �. degault under any term, covenant, agreement, •. p-
<br /> . .� � � condition, provieion, represeatation or waY- . ,___
<br /> �, ; � ranty cantained in this Deed of Trust, the _--
<br /> � � note or any other loan instrwaeat secuxed . + : `. _-_
<br /> � � herebp• :,''r -
<br /> �
<br /> , � � ., -
<br />- �', .
<br /> � � , (c� There has been a default by the ��_.�-��:`��r: __ _
<br /> � � Trustor in the paymeat of any prio� o� eubse- : `�.:,�`-
<br /> ' : � ��� quent lien or encumbrance in respeat to all . �. . . � _ -
<br /> �� � . • or any part of the Property: ... .
<br /> . �� . :i: .
<br /> ' � � (d) Trustor ehall file a voluntary pe- ;,
<br /> . � . � . tition in bankruptcy or shall be adjudica�ed � .,t ,
<br /> • . , . � . ' bankrupt or insolvent, or ahall make an as- , . �
<br /> . � sngnment for the benefit of creditors in re- .. ,
<br /> . • : j spect to the Property; or an action to en- .
<br /> ; force any lien or encumbrance or judgmeats ,, .,
<br /> ' : � � " ' against the Property is co�enced. ,
<br /> � :;��..�. . .
<br /> 12. Acceleration Upon Default. In the event of any de- ,_, .
<br /> ' fault, Henegiciary m�y declare all indebtedness secured hereby t� � .
<br /> � � .� be due and payable, and the same shaZl theio��8� orCnoticeeofany � � �
<br /> � , payable viithout any presentment, demand, p . . ,�;
<br />-1�;.• � .. ��� kind. Thereafter, Beneficiary mays ._ � �-
<br /> • . � (a) either in person or by agent, with _ - � �
<br />- � or without bringing any action or proceeding, . •
<br /> ': or by receiver appointed by a court and with- , . . �
<br /> . out regard to the adequacy of any security, .. . _ •
<br /> � : .. .i enter upon and take possession of tha . - - .
<br /> � � Property, or any part thereof, in ite own
<br /> I, name or in the name of the Trustee, and do .
<br /> �;:
<br /> _ � .
<br /> -- - - -.-�-� � �-- �:•--� �-'
<br /> i -
<br /> ' i �� � . .
<br /> , .� `-�-- -
<br />. . ~a Y..�.:�.!!a.�r
<br /> �y4 �.���.�p � ^ , ' K Z� _-
<br /> - V�.Y#•X?}i�`\�. . .'.�'.� 1�1 _ ' _ . .. a. ..� . � - . ' . •� ... .. . �..�. .� ... �� .. )• • • . � . . . . � d�. e .. . � - - .. . . . . .�
<br />
|