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<br /> • However,this Subsection shall not apply in the event of a gaod faith dispute by Grantur as � , .., ..
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<br /> ..,.-� to the validity or reasonablenessof the claim which is the basis of the foreclosure.provided �_•� ���•�
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<br /> ""` that Grantor gives Beneficiary written notice of such claim and furnishes reserves or a surety ,.;.r'� � - ��� �_•_.
<br /> Uond fnr the claim satisfactory to Beneficiary. '� ';�'' � __=__
<br /> � �-_-
<br /> Breach of Otber Agreement. Any breach by Grantor under the terms of any other ,., ��' °-__ -
<br /> agreement between Grantor and Beneficiary that is n�t remedied within any grace period ;;��__
<br /> provided therein,including,without limitation,any agreement concemin�any indebtedness � •;_"_:
<br /> or other obli�ation of Grantor to Beneficiary,whether existing now or later. ..,'=�'�
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<br /> Cvents Affccting GuArantor. Any of the precedin� events occurs with respect to any ��V�
<br /> � Guazantor of any of the Indebtedness or such Guarantor dies or becomes incompetent, �.';�;;�._;
<br /> � , Beneficiary,at its option,may,but shal l not be required to,permit the Guarantor's estate to ~�$_-
<br /> ' assume unconditionally the obligations arising under the�uaranty in a manner satisfactory _
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<br /> � ��` to Beneficiary,and,in doing so,cure the Event of Default. ��";r��+�.•�
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<br /> Insecurity. Beneficiary in good faith deems itself insecure. °`'
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<br /> � RIGHTS AND REMEDIES ON DEFAULT. Upon the occurrence of any Event of Default and �
<br /> -___ - $t any time thereafterbut subject to any lirnitation in the Note or any limitation in this Deed of Trust, — —
<br /> �• Beneficiary,at its option,may exercise any ona(1)or more of the followin�rights and remedies,
<br /> �, �
<br /> in addition to any other ri�hts or remedies provided by law: -
<br /> � � Aceelerate Indebtedness. Beneficiary shull have the right at its option without notice to
<br /> �
<br /> Grantor to declare the entire Indebtedness immediately due And payable, includin� any
<br /> � . prepayment penalry which Grrantor would be required to pay. -
<br /> UCC Remedies. With respect to all or any parc of the Personal Property,Beneficiary shall
<br /> have all the rights and remedies of a secured party under the Uniform Commercial Code. ��
<br /> '�� Entry. Irrespective of whether Beneficiary exercises the option to accelerate the _
<br /> ��� Indebtedness provided above, Beneficiary in person or by agent or by court-appointed �
<br /> ' receiver (in accordance with the paragraph below) may enter upon, take possession of, ��
<br /> � conduct tests of, manage and operate the Property or any part thereof and do all things -
<br /> " necessary or appropriate in Beneficiary's sole discretion in connection therewith without the ��-
<br /> � & appointmentof a receiver,or an application therefor. Beneficiary or its ugent or a receiver
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<br /> may exclude Grantor,its agents and servants,wholly therefrom,and having and holding the ___ _____
<br /> same,may use,operate, manage and control the Property or any part thereof. Beneficiary, ���_-_—_�_
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<br /> at the expense of Grantor,may make all necessary or proper repairs,renewals,replacernents =___ —___ �,
<br /> and useful or required alterations,additions,betterments and improvements to and upon the .'�;� �' �� �;:;:
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<br /> • Property as Beneficiary may deem judicious and pay all costs and expens�s of so taking, �. .�, y._z: `5`
<br /> holding and managing the same, including compensation to Beneficiary s employees and , ��='�"''�-�Y-�
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<br /> other agents (including, without lirnitation, reasonable and actual attorneys' fees and „ -r T'��
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