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<br /> and unpaid, and apply the eame, less coats and expenses of �_�:�Y-
<br /> � operation and collection, including reaeonable attorney's feea, ,_
<br /> upon any indebtednesa secured hereby and in auch order as _`�_,_
<br /> Beneficiary may determine; (b) lease the eame or any par� thereof _-- -
<br /> ",,,,,,�: for such rental, term and upon suah conditiona ae Benefic•lary's ;:'-
<br /> _. �� judgment may dictate or terminate or adjuat th� terms and
<br /> conditions of any exieting lease ar leases . Unlesa Truator and �'
<br /> Beneficiary agree otherwiae in writing, any application of rente, -_
<br /> issuea or profita to any indebtedneae aecured hereby shall not .==
<br /> extend or postpone the due date of the inatallment payments as --
<br /> provided in the Note or change the amount of such installmenta. �:;.
<br /> The entering upon and taking posseseion of the Proper�y, the =- _
<br /> collection of auch renta, isauea and profite, and the application _-
<br /> �. thereof as aforeeaid, shall not waive or cure any defaul� or notice
<br /> .�, of default he reunder, or invaiidate any act done pureuant to such .
<br /> notice. Trustor asaigns to Beneficiary, as further securityr for
<br /> �. the performance of the indebtednesa and obligationa secured hereby, --
<br /> � all prepaid rents and all moneys which may hav� been or may
<br /> hereafter be deposited with Trustor by any lessee of the Property, __
<br /> � ta secure the payment of any rent or damages, and upon default in
<br /> the perfarmance of any of the proviaione hereof, Trustor agreea to _
<br /> � deliver auch rents and deposita to Beneficiary. Delivery of ti:;_
<br /> � �, written notice of Beneficiary'a exercise of the rights granted by =.
<br /> ' this paragraph THIRD to any tenant occupying the Property or any �;;��.,
<br /> portion thereof shall be aufficient to require said tenant to pay =
<br /> � said rent to Beneficiary until further notice. _
<br /> � FOURTH: If there shall be filed by or againat the Trustor any =
<br /> �� petiti.on or proceeding eeeking an arrangement or compoaition or _
<br />� �! exteneion or any other relief under or pureuant to the Federal _
<br /> ' � � Bankruptcy Code or any other similar st�tute as now or hereafter in _
<br /> � effect, or if the trustor shall be adjudicated bankrupt or _
<br /> insolvent or any of Truetor' s property shall have been sequestered _._�.
<br /> and such decree ehall have continued undischarged and unstayed for
<br /> ninety (90) days arter the entry thereof, then the whole of the =
<br /> Note and indebCedneas hereby secured ahall, wi.thout notice, at the _
<br /> option of the Beneficiary become due and payable. --
<br /> FIFTH: Upon default by Trustor in the payment of or ��_
<br /> performance of the terms and conditiona of the Note, or any �;
<br /> renewals, modifications or executions thereof, the payment of any ��
<br /> other indebtednesa s�cured hereby or in the performance of any �_�-
<br /> agreement, covenant or warranty herein conta.ined or set forth in F.._
<br /> !� any agreement or instrument executed by Trustor in connection with �-_:
<br /> -r the indebtedness hereby secured, Benefici.ary may declare all sums ��-
<br /> secured hereby immediately due and payable and the s�me ahall t=-
<br /> �.�-
<br />- thereupon become due and payable without presentment demand, F"''�
<br /> �.
<br /> protest or notice of any kind. Thereafter, Beneficiary may deliver __--_ _
<br /> to Trustee a written declaratxon of default and demand for eale. ,
<br /> Trustee shall have the power of sale of the Property and if '�r.—%::
<br />� Beneficiary decidee the Property is to be sold, it shall depoait __
<br /> with Trustee thia Deed of trust and the Note or notee and any other :�;�=�_;>
<br /> :,«. .
<br /> documents evidencing expenditures secured hereby, and shall deliver
<br /> to Tzustee a wr�itten notice af default and election to cause the
<br /> I Property to be sold, and Truatee, in turn, ahall prepare a sa.milar
<br /> notice in the form required by law, which ahall be duly filed for
<br /> j record by Trustee.
<br /> I
<br /> ; (a) After the lapse of such time as may be required by law
<br /> � following t2ie recordation of Notice of Def ault, and Notice of
<br /> Default and Notice of Sale having been given as requir�d by law,
<br /> 1 Trustee, without demand on Trustor, anaii seiA zne YLCJEJCiI.y �= ---
<br /> � hereinbefore described, and any and every part thereof, in separate ;
<br />- ' parcels or en masse as the Trustee may elect and in such order as �
<br /> I trustee may determine on the date and at the time and place �
<br /> designated in said Notice of Sale, aY, public auction to the highest
<br /> _ bidder, the gurchase price payable in cash in lawful money of the I
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