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<br /> (o) Exaept as provided below, noChing oontained in
<br /> Chis Deed of Trust shall be deemod Co exouae Horrower
<br /> £rom regairing or maintaining tho Mortgaged EACate as
<br /> provided in SeoCion 1.04 hereof. Tho appiioation or
<br /> roloase by Lendors oE any Insuranco Pr000eda ahail not __
<br /> oure or waive any Event of DefaulL or notiae of defaule •
<br /> undor Chis Deed o£ Tzuse or invalidaCe any aot done
<br /> pursuant eo suoh not•iae.
<br /> 88okion 3.08. Asei nment of Poliaies U on Poeealosure.
<br /> Itt the �vant of Cho oreolosure o t s Deed of Trust, or
<br /> othor L•r�ns£4r oE 41t1a �o the ?iortqaqed �etate, or any parC
<br /> thezeo£, by noniudiaiei �oreolosure snle or deed in lieu of
<br /> Eorealosure, the purahaser of the 8orcqaged Estate, or suoh
<br /> gnrt �hereof, shall suoaeed to all of 9arrover's righte,
<br /> inoluAing nny rights to unaxpired inauranae and unearned or
<br /> retuxnable premiums, in and to all insuzance polioies _
<br /> required by Seotion 1.05, subjeot to limi:taeions on .
<br /> aesignmenk of Llankot polioies, and limited to suoh rights as t;-
<br /> relate to ehe ltortqaged Estate oz suoh part thereof. If -_
<br /> Lendors acquire title to the Mortgaged Hstate, or any pact x;::
<br /> thereof, in any menner, they ahall thereupon (as baCWeen -
<br /> Horrowor and Lenders) become the sole and absolute ownar of �;.,
<br /> the insuranae policies, and all procoeds payable thereunder �,
<br /> with respeat to the Mortgaged Eetate, or suah part thoreof, �:,_.
<br /> required by Seotion 1.05, wieh the aole right to aolioct and i��;
<br /> retain all unearned or returnable premiume thereon with �:`
<br /> respeot to tho Mortgaged Eatate, or suah pact theroof, if any. -
<br /> Seation 1.09, Indemnifiaation; Subroqation; Waiver oE 1"•`
<br /> �.:
<br /> Offset. (a) If Lenders Are made e party defendant �o any �•"
<br /> l�gation aonoerning thia Deed of Trust or the Mortg�c�ed i'_:
<br /> Lstate or any �art thoroof ox intereat therein, or tha `::
<br /> 000upnncy theroof by Aorrowor, t}ien 9orrower ahall indemnify r':;;
<br /> and hold Lenders harmless Erom all liubility by reaeon of j.:�
<br /> auoh litigation, inaludinq all atroxnegs' f9es and e}cponses rrr.:
<br /> inourred by I.anders in �ny suoh litigntAon, whethor or noC `
<br /> any sue1� litigat•ion ie prosecuted to judqment. Upon nn �vent FL.'
<br />_ of DefAU1C, Londers may omploy an attorney or attorneys to �;;:
<br /> protoot ite rights horeunder, and in the evont of such ;•<'
<br /> emp loyment fo]lowing an Event oE DeEault, eorrowor shall pay 4"`
<br />- all aCtorneys' feeo and axponses inourred by Lendera, whether ;
<br /> or not an aotion is AC�LIASSJ� coRmencod againat Dorrower by F;'r
<br /> reason of• an Event of Default. ��:
<br /> (b) Borrowor wuivon anx and ali right to claim or �;:`',
<br /> recover against Londers, their of£icers, employoes, ngente
<br /> and represeneativas, for loss of or damaqe to Borrower, the
<br /> Mortqaged Bseate, BorLOwer's proparty or the property oE `��
<br />- othere wider porrower 's control £rom any cause insucecl I���
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