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. , . ,.�;_.. <br /> ``.,<•.�t' n fr .F� 1� � �' �F � � ��.S.S,"'�.'°.,�,.?1L�..�,f�'��:�.��r,�!'.; is.�, ,raR i 'l�����..>s.�=�a �.{�.w.c = <br /> l��a'.. 4 �� �'�TR A 4_ �»Y. .�S . . �✓� .�j`,�` F �`�' .'�i ..-: - <br /> . : 1 - ��l v� {,� f d '�+v � c v + ' 3' "���c�` T[ -..r <br /> . ( ; `, i s t_ -.,}+, :1�- ^�, t'�(')? �3i N,^}h lt���'_>:Y, ��t�''���,1�'-*' '�_.:�s` ry ��.�� �n` �:� J �4 ��e�,�,i,�°�: <br /> �cf f �...:�+�:�'.t2';`t.��� �'t �u �� �t 4- r� �.\�.;�,y � � . . .�s � <br /> r�5. -.�, � "F"-C' . . . . . . . . „ . <br /> fi�;.{..,�'�� . . .� . - ' � ... ' � . _ . ' .�'`..... <br /> �:� • . <br /> .;z�1i;. � . . .. _ . .___ - —�E�_ <br /> '��5ti�:;•���'4.�-..� ' �s . . - � �+��dSO45Oi¢.9 i -- .� . <br /> .'1.,�k����. ' � <br /> �� .� , <br /> ` ° -" " " Leadez. The fror�qa�.ng �arr$ntie� �nd �ep�c�senta�i.one, an� . <br /> �� _. <br />_�;,�:._'.�.�s:= �� �ozrocser's Qbl�gatcio�s pvarsua�� to �he for�oinq iademnity. e4�a1� <br /> :,�., u�: �� sarvive repapment of �he Note and the r�conveyance of �his Dsed ,y <br /> N:�,` O� �'1118t• ' ��:.:. <br /> �r <br />, �. 4"� ..� ��'e.:�., c��_. <br /> �-+��°:,.:t = 9. Assignment of Rents� Management o� ProPer�. Ar� � <br /> ' `: ' ;.�`.` arlalitional secur�.ty hereun$e�c, �orrovrer iere y ass gt:e to Leazder 3� <br /> -��� �he rents, issues and` profite of �he Propertp, providerl tha� :`�� <br /> ,=• Borroc�ex eha21, prior to accelexation under paraqrap� l I hereof ��., <br /> ,;��'�'�� o r a h a tt c l o n m e n t o f t h e P r a p e r t y, ,h a v e t t i e ri qht �c� collect aad. � ' <br /> .� ���' l .:� re�a3:n such rent�,. issues aaci profite as theX beaome dne �and pap- �;�,- <br />;v�''�i���:,�;,�y abl:e�. tlpon accaleration or abandonm.ent �f the P�coperty, bender �F-_ <br /> .$'�;. 1,:}��,t��;, raay either in pensqn or bp aqent, a�ft� osc wf.thout bringinq aay , _-- <br /> F,,,;:;Lt� T ac��on or p�coaeeclinq, or h�r.a reeeiver appal.n�ed• b� a eonrt a�ad' L '- <br /> .riSrti�.t,'%•�.;�: ;,:1 . � tsi��"11out.regard to the adequacp af_ �.�s. secur3�tYo .�a� upon an+d , �- <br /> � �;..,,,•.:. �, <br /> � 4_;�; ,;� talc� poesession �g �he Propesty, �� a.ay par� t8e�o�� �u i�s oyn�;. _ - <br /> h u <br /> �h���^L uar���.or ia tbe a�+� of �he Tsns��o .aiad dv aay �i� �+�h�.ah ifi _ . <br />_. , deeras necessar�r � desi�rable to pre���ec*e 8�.e� vatg2�p inarketability , _,_ <br /> _ � •'� or renta�a�ity af the Proper�y, or any �r� the��� or iaterest -- <br /> '�'.i.�:`'. ..,t:<::..;. �hereia, ,siacrea� tbe incon�e therefrom o1r .prdte�� the securi�y . <br /> ,: u ,.'�,.�,,s hereof ana. wi��Ea .�� �without taking posasss3oa �� �he Property, _ <br /> sue for or oth�ise, collect the rents, issoies' �t�d prafits <br /> '�:�:'°,` �hereof,• �clndiag those past due a�€d tuagaid, ana� app].p �he same, . -- <br /> �:` :T::�:'-r`.� � less cos��< ��nd expensea of operation andi:.-�ollection, in�lacling <br /> ° : ` `k ` attarnegs".,:�ees, upoa aay indebtealness _s�cured herebp, .�,�.; in <br /> �� ����' ' sv�� orc�:"as Lender tnap determineo � The eaterincg. upan a�cz3 takixtg. - <br /> �...� �: . _.. <br /> �.;� '•`:t�`��'�°.:, pn��es�a�a� of the Property, the capIl�ec�ion of e��s settts, issue� <br /> �.-�,::t>::-;'�'�.: and� p�a�� aad the appl�.cation therea��as afoz��fd� aha�l not� �. . . _ <br />� � .'.f.. '�.k..�il•. <br /> • �� . �• � aure ar �va�3.ve atty defauZt or notice ofc z�Y�raa�ti� hereuader or <br /> ��:�3�c����"�'� - invaliaa�.�?any. act dene in response to s�it�;.`�Eault or pursnant <br /> �'"`'�`�"•` ��.•'.:��5 � to suah-nb�ice of, default and, no�f.heta���s:;� continuanas fn <br /> . ` �ff, ` ���� � � possession af tl�°:�Psopesty or the coZlectiatt, 'a��ipt aad applica- <br /> �• �``���, ``..` tian of seats. i��uea or profits, an8 Trm&��e anc'� Lender ghall l�e` . � _ <br /> �., .. - . , . <br /> , ',��•.;.. ' entitled to esrerc��e every r�qht p�ovide�:;;�orc in anp .of �� Loari� . . -- <br /> " :� , Instrtuttents or by law ng�� occ�azremce ��.��ny Bvent of ��'ip�1ti,�; , ,.�, -`� <br /> ' �� � in�lnd3ng, without limita�ivn, ths.:aric��a� �ra exeraiae �he �pi�weg c'a;� ; <br /> - � sa�e. Fnrther, Lender's rig��s �i3;.���es �mder .this paragra�:;� __ <br /> �� .,�,�' 9 �shall be �ua►u�atine wfth. aag'�:•3:a�:`.�r �ap a limitatio�e bno -- - <br /> ' �:: ..' 3,ender'a ��r,i�hte and remedies under a�y ���signmeat of I�ea�e8 and , �- <br /> �� ' � Rents sec�ea�ded againa� the Proper�y. ��+�er, Truatee and the <br /> '� ' ��.f'�.`,����';:"�+� � receiver shall be lial�le to accouAt onlp°�ar those r�nte ac�ually � . <br />.. � ..� '�''ti��'' reasived � . <br /> .. . . • <br /> . � .:� .,};�`s: � 10. Svent� of Default. The� �ollaoainq sh�ll eona�itate . <br /> � �' an� Event qf Default un er. s Deed of Trtas�s �'� <br /> �;:;,' <br /> .. . . ; <br /> �. �:�:�..: � �a? Faiiure to �g any inatallment of .. -- <br /> � . � prtreaipal ar interest or an�' ather sum secused hereby � -: ' � <br /> � � � "� `` �when clue, or failuYe to pay cvhen due a�y o�her indebted- , • <br /> ��� : ��� nea$. af Borrower to j,eadex� � � . � <br /> : { . <br /> � ° t�s. A breacl� o£ or defanit under .any grovi- _ <br /> � . � .. ,� � sion can�ai��d 3.n the Note, �hie Deed of T�t�, any of � <br />- . the Loan �nstruments, or any other emaumbaa�a t�pow ttae � <br />_ ` .,.. �'�.1 �rag+asty, �gter giving e£fect to ar�� applicable �ce . <br /> '�;� � perio8 contained thereint , <br /> � . .�� . ., ie) A �arit o!� e�ceaaaCion or atta��nt e�s auy <br /> -- Qimiiar proceos ehall be e�atesed against B�xsa�er n�hiot� _- <br /> � .� ehali become a li�z� on the Proge�rt� or a�y poz�3:an � <br /> '. . � tihar�v£ or interc�s� thexeint � = <br /> . ,� ,� ,. . :.,. . <br /> �. ,,;: , . .. , �. .. ... <br /> ,.:.�:e��;���:: �.;�. � � - <br /> � °��s���{ �:�. .� ; ta4 �nero e�ta2b h�r� ff�laea� by a� aqairiat = <br /> � � ��'� "� Bo�ro�er a» actioa u�der aay �a���a3� or gutura fe�eral, <br /> _ :: . �tato or other s�atu�e, Iaw os ���ctJtaEio� relating �o � <br /> � • ,; .�..;, bankruptcy, insolveney oa othe� r��.�.ef for debtore� or � <br /> •���� _ • tt►ere ahaii be appointed any trustee, receiver or _ <br /> ' � � liquidator of Borraooer� or of all or any past of �he ' - <br /> . -� - - `� Propertp, or the rent�e, isaues .o� profi�s. theseof, or - <br /> � �.. Horrovras shall make any goneral� ass3gtiment fo�c the _. <br /> �,�• � .�� � . lsenefit og�cre�itoret <br />_ ... � , . -A- <br /> . , <br /> , . . : •..� . . � _ <br /> � „ . . . <br /> - <br /> . . <br /> . . <br /> . . .. � <br /> .. <br /> � .,'•:,. ... . , . . .. .._,. . . . .. . .�,._ _ __.., ,,:.�r._,.....,.,....,..,�,..,.,,.va.......,._._........••-•-- = == —_ — = <br /> . • . . . : <br /> .. <br /> ... .., ... <br />