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<br /> such ob�iga��on; and�he cost�herevf shali be added to �he Indeb�edness and a�d on�Lender's demand b
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<br /> Grantar. �
<br /> ASSIGNMENT Q�LEASES AND�ENTS. As addi��onal security far�lle paymen�of�he Indeh�edness and the
<br /> performance of the c��enan�s con�ained�here�n, Gran�ar hereby ass�gns .and transfers aver.�o Lender ali rents
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<br /> �n.come and pro�.�s �"Ren�s"� under any,presen� ar future.leases, subleases ar l�censes �f�he Properry, inciuding
<br /> any guaranties, extensians, amendments or ren�vvals thereof, fram the use ❑f�the Pra e� . S� �an as Gran�or is
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<br /> not in defau��t, Gran�ar may re�ei�e, callec�and enjoy.aXl Rents accruing.from�the Property,bu�no�m�re than one
<br /> month�n advance.of the due da�e. Lende�may a�so require Grantor, �enant and.any�a�her user of the Pr� e �o
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<br /> make paymenfs�f Ren�s d�rec�ly tv Lender.Hov�ever,by receiving any such payments,Lender�s no�, and sha1�not
<br /> �e cons�dered, an agent far any par�y or en�ity.Any amoun�s cal�ecfed may, a�Lender's sole discre�xon,be ap �xed
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<br /> �� pr�te�t Lender's in�eres� in �he Praper�y, inc�uding�bu� nat I�mx�ed to the payment of�taxes and insuranc�
<br /> premzums and �o �he Indeh�edness. At L'ender's sa�e d�s�re�ion, aX1 leases, suh�eases and lzcenses must f�rs� be
<br /> approved hy Lender. � : - � � , . .
<br /> C�NDEMNATIUN. �ran��r shall g�ve Lender nof�ce of an�action�aken flr threatened to be taken� r'
<br /> �p�va�e ar
<br /> publi�ent�ties��o appr�pr�ate�he Proper�y�or any par��thereof,through condem.natian,e�ninen�domain or�any other
<br /> ac�xon. Fur�her,Lender shal�be permitted ta.participate or YnterWene in any of�he abave descr��ed praceedi.ngs in
<br /> any manner i� sha1� a� its sa�e dxscre�ian determzne. Lender zs hereby gzven fu�� povver, r�gh� and author�ty �o
<br /> re�ei�e and recexp�f�r an�and ai�damages avvarded as a result❑f the fu�i or par��a��aking or appropria���n and in
<br /> xts so�e dxscre�ion, to apply sa�d a�ards t� �he �ndeb�edness, vvhe�her or nat�hen due or ��herv�ise in accardance
<br /> vvith app�Ycabie �av�. Unless Lender:o�herwise agrees..in v�rit�rig,.any applicat�an...of pra�eeds-�a the Indeb�edness
<br /> shal� nut e�tend or p�stpone the due date of the payments�due under�the Indeb�edness or change the amount of
<br /> such a ments. . : � � � � �
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<br /> GRANTUR'S ASSURANCES. A� any��ime, up�n a reques� a�Lender, �Gran�or�wx�I execute and deii�er to
<br /> Lender, and if appropr�a�e, cause�o he recorded, such furtiher moz tgages, assign�nen�s, assign.�men�s �f Xeases and
<br /> ren�s, securxfiy agreemen�s, pledges, fz�an�i�x�g s�ate�nerits, ar such a�her da�ument as Lender ma� require, xn
<br /> � Lender's sole discre�ion,�o effecfiva�e, comp�e�e and�o perfect as well as ta con�inue to preserve�he Indebtedness,
<br /> or the�ien or security interes�crea�ed by th�s Security Insi-rument. �
<br /> ATT�RNEY-IN--FACT. Gran�or appo�n�s Lender as attorn�y--in--fac� on beha�f of Grantor. �f Gran�or fails to
<br /> fulf�ll any of�rantor's �bliga�i�ns.under �his Se�ur�t� Ins�ruixmen�.or any Related D��uments, .ivaclud�n �hose �
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<br /> obligations ment�oned �n �he preceding paragraph, Lender as attorney--in-fact may fu1��I �lie abliga�xans with�u�
<br /> notice to Gran��r.This po�er nf attorne�sha�I na�be affec�ed by�he disabi�it�of�he Grantar. .
<br /> E�'ENTS �F DEFAULT. The fo��owing e�ents sha�l const��u�e�defau��under�th�s 5ecur� �Instru�nen� each an
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<br /> . "Event of Defaul�"�: ; .. � .-- � - . �� . • . � � . . . .
<br /> �a3 Fai�ure�o make required payrn�n�s when due un.der Indeb�edness; = � �� �.
<br /> - �b� Faiiure.to perfarm:ar keep any of the��covenan�s.of this S ecurity��iistrum.en� ar�a.defaul��uza_der any af
<br /> the Re�a�ed Documen�s; � � - - � .� � . .; . . , �. -, . .� . �. �
<br /> � �c� The making af ariy ara� or v�rit�en statement or asser�i�n to�Lender that is faise ar m�sleadir� iri an
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<br /> material respec�by Gran�or or�any pers�n�b�igated on the Indel��edness; ' � � -
<br /> �d� The dea�h, dissoiution, �nso�v�ncy,�ankrup��y or recexvership proceeding of Grantor ar af an ersan
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<br /> or entity obl�iga��d on�he Inde��edness; � - � . �. . . �
<br /> - �e} Any ass�gnment b�Gran�or far�he benef�of Grantor's Gred��ors; � .
<br /> ��} �A ma�er�a� adverse �hange o��urs in�he,f�nancia� condition, ovvnership or managemen� �f Grantor ar
<br /> any pers�n ob��ga�ed fln.the In�.eb�edness;ar . � .� .
<br /> �g} . Lender deems itself�.nsecure fnr any reas�n��atsfle�er. � � . � � .
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<br /> REMEDIES �N D�FAUL'�. Upon �he �ccurrence=nf an�Event vf Defaul�, Lender may; wx�houti demand or
<br /> n�tice,pay any or a�1 taxes, �.ssess�nen�s,premiums, and liens required��a i�e paid by�ran�or, effect any insurance
<br /> pravided for herein,make su�h�repa�rs, cause�the�abstrac�s�f ti��e�or txtle insurance�polYcy ana�tax hYst�r�es af�he
<br /> Property to be certified�to da�e, or pr�cu.re nevv abstra��s �f.�itle ar�ti�Ie ixasuran.ce=and tax h�s�ar-xes in case nan�
<br /> v�ere furnYshed�fl x�, and procure�xtle repar�s �o�erir�g.the Praperty; ix�c�uding-surve�s. The-a�noun�s aid for an
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<br /> su�h purpvses v��ll be added���he Indebtedness and wiil bear interesti at�he rate�f in�erest o�herv��se accruing on
<br /> the Indebtedness un�il pazd. �n the�e�ent�of.forecl�sure, th� abstracfs af ti��e or.��t�e insuxan�e sha11 becom� the
<br /> � praperty af Lender.Al�.abs�rac�s af����e,;�zt�e insurance, tax his�nr�es, surveys, and other d�cuments pertaining to
<br /> the.Indebtedness_vwi�I remain�i.�Lender's pvssessxan untii�.the Indehtiedness is pa�d in fu�L . .
<br /> IN THE EVENT�F THE SALE�F THI�S PR�PERTY UNDE�THE.PRQCEDURE F�R FQRE�LQSUI�E�F
<br /> A SE�URITY 7NSTRUMENT BY ADVERT�SEMENT,AS PR��IDED BY APPL�CABLE LAW, �R�N THE
<br /> EVENT LENDER E�ER�ISES ITS RIGHTS UNDER THE ASS�GNMENT �F LEASES AND RENTS, THE
<br /> LENI3ER SHALL PR�VZDE A.LL STATUT�RZLY I�EQUZRED N�TI�ES DF�SALE AND N�TICES �F
<br /> JUDICI.A.L� HEARZNGS BEF�RE LENDER EX:ER�ISES ANY - �F ITS RIGHTS� ITNDER THIS
<br /> INSTRUMENT. ' � � . � � � � � - � - �
<br /> Upan the�ccurrence�f an Even�of Defau��,Lender may,.v�x�haut notice un�ess re u�red b �avv and a���s o �i�n
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<br /> declare�he entire Indeb�edness due and,payable, as�it inay elect,;regard�ess��f the date or dates of ma�ur��.y thereaf
<br /> and, if permYtted by s�a�e lavv, �s authorized and empowered tfl cause the.Pr�per�ta be s��d at publ��auc�z�n, and
<br /> ta execute and del�ver.�a the purchaser or.pur�hasers a�.such sale,any deeds of cor��eyan�e goad and suffc�en�at
<br /> �av�,pursuan�to the sta�ute�s.uch case made and.provxded. The.Trus�e.e:s�ail app�y��he prviceeds of�he Trustee's
<br /> sa�e,.first,,to.the casts and expenses of exerc�s�.ng�he.po�er_of sa�e and af�he sa�e, �n�Iud�ng��he paymen�of�the
<br /> Trus�ee's fees ac�uall� �.ncurred; secand,.�o pay�nent of the obliga�xon�secured.by�the.trust deed; �h�.rd, to the
<br /> �2U0�-24�3 Compiiance Systems,Inc.CBAE-751A-2�13L2.�.EI.�55 �
<br /> Cornmercial ReaI Estate Security Instrument-nLaaa� � Pa�e 3 af 5 � �� � � , www.comptiancesystems.com
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