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(b) if Grantor shall fail, refuse or neglect to fully and timely perform and discharge any covenant contained in the Note, this Deed of Trust or in any other documents securing, or executed in connection with, the Note; (c) if any statement, representation or warranty made by Grantor or any Guarantor of the indebtedness secured hereby, in this Deed of Trust, any document securing or executed in connec- tion with the Note or any financial statement or any other writing delivered to Corporation in connection with the Note shall, either through an intentional or negligent act or omission, be false, erroneous or misleading in any material respect; (d) if all or any part of the Property (or an interest therein) is sold, transferred or conveyed by Grantor without Cor- poration's prior written consent. Corporation shall have waived such option to accelerate if, prior to any sale, transfer or con- veyance, Corporation and the person to whom the Property is to be sold or transferred reach an agreement in writing that the credit of such person is satisfactory to Corporation, and in such event Corporation shall also have the option of changing the interest rate and the amount of the payments of the Note secured by this Deed of Trust. The Property shall be considered "sold or transferred" if it is (a) sold under a contract of sale, contract for deed, or other similar conveyance of equitable title; or (b) leased for a term of more than one (1) year with an option to purchase; (e) if all or any part of the Property is mortgaged, pledged, hypothecated or otherwise encumbered by Grantor without Corporation's prior written consent. (f) if Grantor, any Guarantor of the indebtedness sec~red hereby or any other person or entity obligated to pay the indebtedness secured hereby shall (1) commence any case, proceed- ing or other action seeking an order for relief as a debtor, reor- ganization, arrangement, adjustment, liquidation, dissolution or composition of it or its debts under any state or federal law relating to .bankruptcy, insolvency, reorganization or relief of debtors; (2) seek, consent to or not contest the appointment of a receiver or trustee for itself or for all or any part of its prop- erty; (3) make a general assignment for the benefit of its credi- tors; or (4) admit in writing its inability to pay its debts as they mature; (g) if (1) a petition is filed against Grantor or any Guarantor of the indebtedness secured hereby seeking relief under the bankruptcy, arrangement, reorganization or other debtor relief laws of the United States or any state or other competent juris- diction or (2) a court of competent jurisdiction enters an order, judgment or decree appointing, without the consent of Grantor or any Guarantor, a receiver or trustee for it or him, or for all or any part of its or his property, and such petition, order, judg- ment or decree shall not be and remain discharged or stayed within a period of sixty (60) days after its entry; (h) the holder of any lien or security interest on the Property institutes foreclosure or other proceedings for the enforcement of its remedies thereunder; (i) the death, dissolution, liquidation, merger or other similar event affecting Grantor or any Guarantor of the indebtedness secured hereby; or 4.