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201400400 <br />accountants', appraisers', managers' and other professional fees, title charges <br />and transfer taxes; <br />(ii) To payment of all sums expended by Lender under the terms of any of the Loan <br />Documents and not yet repaid, together with interest on such sums at the <br />Default Rate; <br />(iii) To payment of interest, principal, the Prepayment Consideration and all other <br />obligations secured by this Security Instrument, including, without limitation, <br />interest at the Default Rate, in any order that Lender chooses in its sole <br />discretion; and, <br />(iv) The remainder, if any, of such funds shall be disbursed to Borrower or to the <br />person or persons legally entitled thereto. <br />(c) To the extent permitted by applicable law, Lender may adjourn from time to time any <br />sale by it to be made under or by virtue of this Security Instrument by announcement at <br />the time and place appointed for such sale or for such adjourned sale or sales; and, <br />except as otherwise provided by any applicable provision of law, Lender, without <br />further notice or publication, may make such sale at the time and place to which the <br />same shall be so adjourned. <br />(d) Upon the completion of any sale or sales made by Lender under or by virtue of this <br />paragraph, Lender, or an officer of any court empowered to do so, shall execute and <br />deliver to the accepted purchaser or purchasers a good and sufficient instrument, or <br />good and sufficient instruments, conveying, assigning and transferring all estate, right, <br />title and interest in and to the property and rights sold. Lender is hereby irrevocably <br />appointed the true and lawful attorney of Borrower, in its name and stead, to make all <br />necessary conveyances, assignments, transfers and deliveries of the Mortgaged <br />Property and rights so sold and for that purpose Lender may execute all necessary <br />instruments of conveyance, assignment and transfer, and may substitute one or more <br />persons with like power, Borrower hereby ratifying and confirming all that its said <br />attorney or such substitute or substitutes shall lawfully do by virtue hereof. Any such <br />sale or sales made under or by virtue of this paragraph shall operate to divest all the <br />estate, right, title, interest, claim and demand whatsoever, whether at law or in equity, <br />of Borrower in and to the properties and rights so sold, and shall be a perpetual bar <br />both at law and in equity against Borrower and against any and all persons claiming or <br />who may claim the same, or any part thereof from, through or under Borrower. <br />(e) Upon any sale made under or by virtue of this paragraph, Lender may bid for and <br />acquire the Mortgaged Property or any part thereof and in lieu of paying cash therefor <br />may make settlement for the purchase price by crediting upon the Debt the net sales <br />price after deducting therefrom the expenses of the sale and costs of the action and any <br />other sums which Lender is authorized to deduct under this Security Instrument. <br />(f) No recovery of any judgment by Lender and no levy of an execution under any <br />judgment upon the Mortgaged Property or upon any other property of Borrower shall <br />- 50 - <br />