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<br /> such ahligation; and the cos� �here�f sha�� be added to the:Inde�tedness and axd on Lender`s demand
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<br /> Gran�or. � -
<br /> ASSIGNMENT UF LEASES AND R�NTS.As add�t�ona�securx for fihe a men�o
<br /> tY . p,y f�he Indeb�edra.ess and the
<br /> performance.of�he ��venan�s con�ained:herein, Gran�or here�y assxgns and transf.ers oyer, �a Lender ax� rent
<br /> �.ncome and profi�s �"Ren�s"� under any pr�sen� nr future leases,�subleases-vr I�censes af�e � � S?
<br /> ProperCy, including
<br /> any guaranties, e��ensions, amendmen�s or renewals �hereof;from the�use of�he Property. S��Ian as Grantor zs�
<br /> no�in defau��, �ran��r may receive, col�ec�and en'a ax�Ren�s accruin frv � �
<br /> J Y g m�he Property,bu�no�more than one
<br /> month in advance of�he due�da�e. Lender may a�so.re�uire Gran�ar, tenan�and any;a�her user of�he�Pra e to
<br /> make payments of Renfis direc����o Lender.I�o�ever� b receivii.t� � � . � p �
<br /> , y . g any such pa�m.en�s,Lender�s nat,and sha�I no�
<br /> be considered, an agent f�r any par�y or entity.Any amounts callec�ed,may,at Lender's sa�e d�s�retxon be a �ied
<br /> t� protect Lender's �n�erest ixa. �he Propez-ty, inc�udzx�. bu� not �imx�ed to �he a e � � pp
<br /> � . p.ym n� of taxes and uasurance
<br /> premiums and to �he Indeb�edness. At Lender's so1e.discre��an; aI� leases, sub�eases and l�censes must f�rs� be
<br /> appr�ved hy Lender. E . . � : . � � . .
<br /> . , � , . . . . . .
<br /> ��NDEMNATIUN. Gran�ar shall g�ve Lender notice of an ac�ian taken or threa�e �
<br /> Y ne d�fl�e.�a�en by pr��a�e or
<br /> pub�ic enti�ies��apprvpria�e the Property�or any.par��hereof,�hrough condemna�ian,eminen�doma�n ur an o�her
<br /> actxon.Fut-�her,Lender shax�1oe permit�ed�a particx a�e Qr in#ervene in an of�he a �
<br /> P . y bove descri�ed prflceedYngs in
<br /> any mann.er xt sha�I at ��s so�e discre��on determine.��Lender �s hereby given ful� pov�er, rYght and-authorx �o
<br /> receive and recexpt far any and al�dama es awarded.as a re � � �
<br /> . g, s u l t�o f�h e f u X�a r p a r�i a l�a k�.g o r a p p r o p r x a t l o n a n d i n
<br /> it s s fl�e d�s c r e t i o n, �o a p p l y s a�d a�v a r d s�� �h e I n d e b�t e d n e s s,.�h e t h e r o r n o�t hen_c�ue or o�herw�se in ac�ar dance
<br /> vvx�h app�zca b Xe �avsr. Un�ess Len der a�herwise agrees �in�rititng,'ally a�]�]�1Catl.nn Q�pr�C���S t� �h.e In.C�L��Jte(�I7e55
<br /> sha�I not ex�end nr pos�p�ne the due date of�the pa�xnents:due under.the Indebtedness flr chan e the amount of
<br /> such a e . � �� .. � � - -. . . . � g
<br /> p Ym n�s. . . . . . . . . . . _
<br /> ��t.ANTUR'S ASSURAIYCES. A� an�,�iune, upan a re uesf af Lender Gran�ar���1� exec
<br /> . q ., . u�e and delzver tv
<br /> Lender, and i�appropria��, cause t� be rec�rded,.such further mor�gages, assxgnmen�s, asszgnments of Xeases and
<br /> rents, secur�ty agreemen�s, pledges, #"inancuag s�a�ements, or such other d��ument as Lender may require, in
<br /> Lender's so�e dis�ret�on,�o effectua�e, comp�e�e and�o perfect as well as t�continue t� rese�•ve�he Indebt�dne
<br /> p 55,
<br /> or the X�en or securi�y in�erest crea�ed by thYs Securi�.y Instrumen�. �: � � : �
<br /> ATT�RNEY-IN-FA�T. �ran�or appo�nts Lender as attorney--�n-fac� an hehaif o�Gran�ar. If Grantor faz�s ta
<br /> fulf XI any flf�rantor's ob�igat�ons under this. Secur��ty Ins�rumen� or any Rela�ed�Documents; ua.cludin �hose
<br /> �
<br /> . abligati�ns men��aned in the preceding paragraph; Lender as at�arney=�n-fa�t ma���fu�fi�I��he abli a�Yans�vc�zth u
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<br /> not�ce�o Gran��r.Th�s.pot�er�f at�orney shail n��be affected b�the disab�I�t�af the�rantor..
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<br /> EVENTS UF DEFAULT. Th� fol��wirxg even�s shal� �ons�xtu�e defaul�under-thxs�Secur� ��Instr �
<br /> � umen� �each an
<br /> "Even�of D efau�t"�: : . . . . . . � - . . -
<br /> � �a� Fa��ure to make required paymen�s when du�under Indeb�edness•� � . .. :����:� . -
<br /> � � .
<br /> - (b} Failure�to perform or keep an� a�the.covenan�s��of�h�s�Security-Instr�un�nt or a defau�t under an of
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<br /> - � the ReXa�ed D�cumen�s; { -- . -. . ,:. .. �. .. . . � , . . • �-..�� � .� � . - :. .- . .�. -
<br /> �c� The making af any �ra� or wr.�tten�sta�et�ien� or asse�xon t��Lender�that.xs false�vr-m�
<br /> s�eadrng �n any
<br /> � = materiai r.espe��by Cran�or or�any person ob�igated��an��he Inde.b�edness; � � �� . � � �. -
<br /> �d� The dea�h, diss�Iu��an, �tnsolvency, hankrup��y.or re�ei�ersh�p proceeding of�Gran�ar.ar af�an � erson
<br /> � or entity�b��gated an the Indebtedness; - : � � � -� -. . � � . � -
<br /> Yp
<br /> �e� Any ass�gnment by Gran�or for�he beneff of Grantor's credi�ors; , .
<br /> �f} A mater�a� adverse change occur.s in�he financia� cvndit�on, ownership or mana emen� �f Gran�or �r
<br /> g
<br /> . any person obliga�ed�n the Inciebtec�.ess;or. � �� � � �. _ � � � � - �
<br /> �g} Lender deems itself uasecu.re for any reason_whats�e�ier. ,� � . � �
<br /> REMEDIES� UN DEFAUL'�. Upon �h� �ccurrence�of�ari E�ent�of Defau�t �Lender ma � v��thou� d
<br /> - . .� y, �mand or
<br /> not�ce,pay any vr aII faxes, assessments,prem�uxris, and�I�ens�required��a.be paid:by Gran�or, effe��any insurance
<br /> pro�xded for herein,make such repairs, cause�he abstracts-of���Xe or�txt�e�u�surance p�].�cy and�ta�his�ar�es vf the �
<br /> Prvperty�to be �ertified�u date, vr procure nevv abstracts�af�i�ie or�xtle insurance�and ta��h�s�ories in case none
<br /> �ere furnished�o�i�;and procure t���e.reparts����ering�the�,�Pr�per�y;�.�ncluding��"sur�veys. The amoun�s� aYd for an
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<br /> such purpvses wxll be added.�o�he Indebtedness an��ill bear in�eres�a�the ra�e�af ui�eres��atherwxse a�cru�g on
<br /> �he Indeb�edness until pazd.�In �he,event af foreciasure,:�he abstracts of=.ti�Xe or�itle insurance shail hecvme fihe
<br /> property of Lender: All abstracts of���1e,ititle.�nsurance,tax�histories,���sur�eys, and.o�her documents pertaining��
<br /> the Indebtedness w1�X remau�.-u�Lender's possess�on un�i�the Indeb�edness��s paid in fu11. . � ' � �
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<br /> IN THE EVENT�F THE SALE�F TH�S PR�PERTY�UNDER��'HE:PR�CEDURE FQR F�RE�L�SLIRE�F
<br /> A SECURITY INSTRLTMENT BY AD�E��'ISEMENT,AS.PR�V�I]ED BY APPL��ABLE LA�, QR�N THE
<br /> EVENT LENDER EXERCISES ITS RIGHTS UNDER THE ASSI�NMENT �F.LEASES AND RENTS, THE �
<br /> , LENDER SHALL PR�VIDE ALL STATUT�R�LY RE�UIREI3 N�TICES �F�SALE AND N�TICES �F
<br /> TUDICIAL. HEARINGS BEF�RE LENDER �E�ERCISES � ANY ��F �ITS. RIGHTS� UNDER THIS
<br /> INSTRUMENT. . � � �: _ . - . . - -. . _. .. ; :-. . :
<br /> E .
<br /> Upon�h�occurrence of an E�ent of Defau��,Lender=may, with�out not�ce uniess re u�red-b �aw and at�ts '
<br /> � . q �' � �p�xon,
<br /> declare f.he en��.re Inde��edness due�and�payab�e;as it�may�elec�,�regardless of�the�date ar da�es of ma�urxt��hereaf
<br /> and, �f permit�ed by s�a�e�av5r,is au�harized and empov�e�:ed���"cause_the.Praperty�o�e soXd.at. ubl��auct�on and
<br /> � �
<br /> t� e�ecute and.de�i�ez fo the-purchaser or purchasers,at su�h sa�e..any, deeds..of.con��reyance good and suff c�en�a�
<br /> �aw,pursuan�to#he statu�e 1n su�h case�ade and pro�ided..Th�,Trustee shail apply.:�he�pro�eeds of�he Trus�ee's
<br /> sale, first,���he cosfs and expex�ses of e�erc�s�ng�h�power of sa�e.and of the sa1e, inc�uding�he pa�men�_of�he
<br /> Trus�ee's fees actuall� �n�urred; secand,��o.payment,�f:tl�e a�l�gation secured .h� �:�he. trust deed•.�h�rd �o �he
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<br /> ��0�4-2�I3 Campliance Systems,In�.CSAE-2CFC-2013L2.D.E1.555 �" • � � �
<br /> Cammercia!Real Estate Security Instrument-DL4Ua7 ' � �' � Page 3�vf 5 �� � �.~ ' ' �� ' � ww��.compiiancesystems:com
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