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<br /> (b) There has occurred a breach of or default under any term.
<br /> convenant, agreernent� condition. provisions, re�vresentation or warranty � f __ __ � _ _
<br /> contained in any o f t he L oan I ns t ru me n t s. ; ; . . � _..
<br /> i . .
<br /> �.� 10. Acc�leratian Upan Default; �ldditfonal Rcffiedies. Should � � �
<br /> � an event of default occur BeneBciary may declare all indebtedness , ``�� . ;
<br /> � secured hereb y to be due and payable and the same shall thereupon . . ,,. .,.;-: _
<br /> �,.� become due and payable without any presentmen� demand, protest, or � ; � �,�;;;,h
<br /> ; � notice of any kind. Thereatter Heneflciary may: ' `".""�,
<br /> ,. �
<br /> �
<br /> � � (a) Either in person or by agent. with or witYzout bringing any � � ��,.. ��;�
<br /> r r :._�=--
<br /> action or proceeding, or by a receiver appointed by a court and without , �;°T�J
<br /> ' regard to the adequacy of its security, enter upon and take possession of :�-.�,'�� _
<br />�: ' the 1Yust Estate, or any part tlzereof, in its own nazne or in the name of . ����4.�.=_
<br /> . ; the 'IYustee, and do any acts which it deems necessary or desirable to F' , :�-
<br /> .;-:i reseive the value. marketability oa� rentability of the 'IYust Estate. or .__ _`°��'�
<br /> � '-; part thereo f or in teres t t here i n, i n c r e a s e t h e i ncome therefrom, or protect : _ '. :�: ;,�.�
<br /> �} t h e s e c u r l t y h e reof and. with or without taldng possession of the ZYust .
<br /> f � ��s�� =--
<br /> ` Estate. sue for or otherwise collect the rents. issues. and pro8ts thereo . . , .. ._�,. ...��: {_-
<br /> 'f including those past due and unpaid,and apply the same, less costs and �::�;t`:'.
<br /> -t ,�
<br /> � e x p e n ses of o peration and collectlon including attorneys fees, upon any � '�
<br /> ��•: f�,'r-.
<br /> . �� �debtedness secured thereby, all in such o r d e r a s B e n e$c iary may ..:. '�, '
<br /> ��� d�tennine. The entering upon and taking possession of the Ttust Estate. _ �
<br /> ' � the collec�ion of such rents, issues, and proflts, and the appll��an _ � .• �
<br /> � thereof as aforesaid, shall not cure or waive any default or no9i� of �.t i, '°`
<br /> .. , � � �. �
<br /> de fa u lt hereunder or invalidate any act done in response to such default �•: . ., f.�;,� -.
<br />. . thstandin the , ��. �•
<br /> or pursuant to such notice of default and, notwi g �� 1i�:.
<br /> � • continua�n� in possession of the TYust Estate or the collection, receipt, �'��,',_ .� � �
<br /> � - and apg��a.tion of rents, issues, or proflts. 'Dustee or Beneflciary shall - �r. ,.�: �.;P",�?���•f-'
<br /> . b� enrided to eacercise every right provided for in any of the Loan � . ��°�___°
<br />' '' `" �struments: or by law upon occurrence of any event of default, including ,�;y�..._^-
<br /> � � �. the rlght to exercise the power of sale. '' '- '`'-'"�-`
<br /> -�--;�,�'=
<br />� � (b) �mmence an action to foreclose this Deed of 'IYust as a _ '�_;,-_===-�T�
<br /> � mortgage, appoint a receiver, or speciflcalty enforce any of the covenants ��'""���-`�'""-'""=.
<br /> � hereof; �� ''�' -:
<br /> �� '`; ..�..n., , .
<br />� ��! (c� ID�liver to 1Yustee a wrltten declaration of default and demand "�`��+�'`'�''�'"
<br /> for sale, a wrltten norice of default and election to cause 1Yustor s `�`�....�,
<br />. i :�'-= � -.
<br /> iaiterest in the Trust Estate to be sold. which notice 1Yustee shall cause �
<br /> � `, tp be duly ffied for record in the approprlate Offlcial Records of the ;�{-��
<br /> _..,.,�,,�.�;
<br />=;` . County i�evhich the Trust Estate is located. �->�+�ya
<br /> �• .�.:•_
<br /> • �:.,r>,r,r�,..:.•
<br /> 11. Foreelosuse by Po�ver of 8ale. Should Beneflciary elect to - ���T�''�����
<br /> H ^"L `^
<br /> ' .:. foreclose by exerMse of the Power of Sale herein contained. Bene$ciary ,-.�.q�;,;�': ;. . ��
<br /> � shall notify 1�ustee and shall deposit with Trustee this Deed of Trust and . . ---..,-;;;�:,::.,. •.. .
<br />
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