��14��159
<br /> int�r�st therein may be sald far cash or upan cred�t �n �rie [1) ar more par�els �r in severa�
<br /> int�rests or portians and in a.ny or�er or�nann�r;
<br /> (c) with. or without entry, to the ext�nt permitt�d an�i pursuant to t�he
<br /> proced�res pro�ided by appl�cable 1aw, �nstitute proce�dings far the partial for�cl�su�re of this
<br /> Security Instruinent for the partion af the Debt th� due and payabl�, subj�ct to the continuir�g
<br /> Lien and security interest af this �e�urity Instrument for the ba�ar�c� of the De1�t not then due,
<br /> urum�a�red and vvithout l�ss�f pri�rity;
<br /> �d) sel� for cash or upon�r�dit the Property or a�y part th�r�af and a.�� estate,
<br /> �1a�m, demand, right, tit�e and inter�st of Individual Borrower therein and rights af red�mptian
<br /> there�f, pursuant to povver of sale or�therwise, at one or n�ore sales, as an entirety or in parce�s, �
<br /> at such time and place, upan such terms and af��r such nfltice ther�of as may be required ar
<br /> perm�tted by Iaw;
<br /> (e} institute ar� act�on, suit or praceeding in equity for t�� specific
<br /> perfarman�e of a�y cov�nant, �onditior� or agreemer�t cantained herein, in th� Not�, the Loan
<br /> Agreem�nt or�n th���her Loar�Dacuments;
<br /> � �f] re�a�er judgment on the Note e�ther bef�re, during �r af�ear any
<br /> prflceedings for the enforc�ment of this Security Instrument�r th�other Loan Documents;
<br /> (g} app�y for the appointrnent of a rec�i�er, trustee, liquidator or �ons�r`rator
<br /> af the Property, wit�out not�ce and without r�gard far the ad�quacy of the security for the Debt
<br /> and without r�gard for the sol�en�y af Ind�vidual Bo�-r�we�r, any guarant�r, indemnitar with
<br /> resp�ct to the Loan ar of any Person liable far the payment of the I3ebt;
<br /> (h} the license granted to Individual Borrower under Se�tion 1.2 hereof shal�
<br /> autamatically be re�Qked ar�d L�nder sha11�mmediat�ly be ent�tled to passession af a�l Rents and
<br /> sur�ns due under any Lease guaranties, wh�th�r or not Lender enters upon or takes �antrol of t,he
<br /> Property, and without regard to the adequacy�f th� s�curity far the De�t, either in p�rson or by
<br /> agent, n�mine� or attorney, w�t�t or withaut bririg�ng any action or proceeding, �r by a r�c�iver
<br /> appointed by a �aurt, dispossess Iradi�idual Borrower and its agents and se�vants therefrom,
<br /> without liabil�t� far tr�spass, damag�s or otherwise ar�d ex�lude In�iividua� Bvrrower and ��s
<br /> agents ar ser�vants who��y therefirom, and take pflssession of the Praper�y {subject to tenants'
<br /> ri��s und�r the Leases), and take possession of ail books, �ecords and accounts relating th�reto
<br /> and Individua� Borrower agre�s to surrender possession of the Property and �f such books,
<br /> records and accaunts to I�ender upan d�mand, and t�iereup�n Lend�r may �i} use, opera�e,
<br /> manage,�ontral,ir�su.re,maintain,r�pair, r�stare and oth�r�wise deal witli a�.�and every pa�t vf th�
<br /> Property and conduct the business thereat; (ii} c�mpl�t�ar�y canstruction on the Property in such
<br /> manner ar�d f�rm as Ler�der reasonably deems adv�sab�e; �ii�} mal�e alterations, ad��tions,
<br /> renewa�s, replac�mments and impr��rements to or�n the Prop�rty in its reasonab�e discretion; �iv}
<br /> exercise al�rights and powers af Indi�idual Borrow�r witli respect to the PropeTty,whether in the
<br /> name of Individual B�rrower or other�wise, including, without Iimitation, the right to mak�,
<br /> cancel, enforc.e or m�dify Leases, o�tain and evict t�nants, and demand, sue for, cal�e�t and
<br /> receive aI� Rents �n its reas�nable d�screti�n; �v} require indi,v�idua� B�rrower ta pay rnanthly in
<br /> �a���s r.o4-r�csRo�A-Msw �
<br />
|