Laserfiche WebLink
��14��49� <br /> Lender's R�ght�n�nter.Lender�r Lender's a�en�s shali have the righ�and access to ins ect�he Pra e at <br /> p P �Y <br /> al� reasonable ��mes in order ta a��end �� Lender's interests and ensure comp��an�e vvith the �erms of�h�s <br /> Securi�y �nstrument. If�he Praperry, ar any par� �hereof, sha�1 requ�re �n�pec�x�p, repa�r or main�enance <br /> wh�ch Grantior has fa�led�o prflv�de, Lender, after reasonab�e nat�c�, may en�er upop the Proper�y to effect <br /> such ab�zga��on; and the cost thereaf sha�� be added �o �he �ndebtedness and pa�d an Lender's demand by <br /> Gran�or. <br /> ASS�GNMENT�F LEASES AND �t�ENTS. As add��ionai s�cur��y far�he pay�nent af the Indebtedness and the <br /> performance of�h� ��venan�s con�ained herein, �ran�or hereby ass�gns and transfexs �ver �o Lender aI� rents, <br /> �ncome and prof�s �"Rents"} under any present or fu�ure �e�ses, s�ubleases or �i�ens�s �f the Praperty, znciud�ng <br /> any guarant�es, ex�ensl�ns, amendmen�s or renewa�s �hereof, from the use af the PraperCy. So long as �rantnr is <br /> not�n defaul�, Grantor may re�eive, col�ect and enjoy a�i R�nfs accruing fr�m the Praperty, but na�mare�han ane <br /> month xn ad�ance of the d.ue da�e. Lender may a�s� z-equrre �ran�or, tenan�and ai�y�t��er user of the Propert�to <br /> mal�e payments�f Re�ts d�re���y��Lender. Hawe�er,by rece�ving any such payments,Lender�s no�, and sha�l nat <br /> be c�ns�dered, an agen�for any par�y ar entity. Any arnaunts co�Iec�ed may, at Lender's so�e d�scretian, be appl�ed <br /> to pr��ec� Lend�r's �n�erest �n �he Proper�y, inc�uding.but no� �im��ed ta �he p�ymen� of �axes and �nsurance <br /> prem�ums an� �o the Indeb�edn_ess. At Lender's sole dis�re��on, all leases, sub�eases and l�censes must frst be <br /> appra�ed by Lender. <br /> C�NDEMNAT��N. �rantar sha�� give Lender pot�ce of ar�y ac�i��taken or threatened�o be�aken by pr��ate or <br /> public en�i��es�o appropr�ate�he Property�r any par�there�f,�hrough�flndemna�ion,em�nent d�ma�n or any�ther <br /> act�on. Fur-ther, Lender sha��be permitted to partic�pa�e ar�n�ervene in any of the a�ave descr�bed prQceed�ngs �n <br /> any manner �� shal� at its sa�e discre��on d�termine. Lender is hereby g�ven fu�l power, r�gh� and auth�r�ty to <br /> rece��e and rece�pt for any and all dama�es av�arded as a resu�t�f the fu��or pa��a��a�ing or apprapr�a��on and�� <br /> ��s sole dxs�re���n, �o apply said awards ta �he Indeb�edness, v�hether �r no� �hen due or o�herwise in accordan�e <br /> w�th appli�ab�e lav�. Unless Lender fl�herwise agrees xn vvr�t�ng, any appi�ca�ion af proceeds �a the �ndebtedness <br /> shal� n�� ex�end or postpone the due date of the paymen�s due under �he Indebtedness or �hange �he amaun� �f <br /> such paym�n�s. <br /> GRAN'�`[]R'S A,SS URAN�ES. At any �i�ne, upan a request of Lender, C rantar vsri l i execute and de�iver �fl <br /> L�nder, and if appropria�e, cause �a be rec�rded, such fur-�her mar�gages, assigpm�n�s, assignme�ats of leases and <br /> ren�s, securi�y agreements, pledges, f nan��ng statements, or such a�her dacumen� as Lender may requ�re, �n. <br /> Lender's so�e d�scre��an, �o effectua�e, compie�e and�a perfect.as vve�l as��continu.e�o preser�e�he�ndeb�edness, <br /> or�he l�en�r security�n�erest created by�h�s Secur��y�ns�rumenti. <br /> ATT�RNEY-�N-�A�T. Cran��r appa�n�s Lender as a��orney-in-fac� on be�haif of Grantor. If Gran�or fa�Is �� <br /> fulf�� any of Gran�or's ob�iga��ons under th�s Secur�ty �ns�rument or any Related Dacuments, inc�uding thase <br /> ob��gat�ans mentioned �n the preced�ng paragraph; Lender as a�tarney-�n-�fac� may fu�f�� the ob�igat��ns w��hout <br /> na��ce��Gran�or.Th�s po�ver af attorney sha��not be affected by�he d�sahil�ty of�he�ran�ar. <br /> EVENTS �F DEFAULT. The fol�o�v�ng,events sha�l cons�itute defau�t u�nder th�s Security �ns�rument �each an <br /> "E�ent of Defaul�"}: � � <br /> �a} Fa�lure to make required paymen�s�vhen due under�ndebt�dness; � <br /> �b� Fai�ure �a perfQrmr ar keep any of the �ovenar��s of�h�s Security Instrum�nt or a default under any af <br /> �he Related Documents; <br /> �c} The ma�zng �f any orai flr �r��ten s�atemen� ar asser�ian to Lender �hat xs false or mis�ead�ng in any <br /> ma�er�al respe��by Cran��r or a�y pers�n abliga�ed on the Indeb�edness; � <br /> �d} The death, d�ssolu��an, insa�vency, ba�,krup��y or re�eiversh�p prflceed�ng of�rantor ar af any�ers�n <br /> �r en�ity abiiga�ed�n�he Indebtedness; � <br /> �e� Any assignmen�by�rant�r fvr the benef��of�ran�or's credxtors; <br /> ��} A ma�eria� advers� change �ccurs in the f nanc�al cond���an, a�nership ar management �f Gran��r �r <br /> any persan�bl�ga�ed an�he indebtedness;or � <br /> �g} Lender deems�tse�f inse�ure for any reason wha�soever. <br /> R�MEDI�S �N DEFAULT. Upon the a�currence of an Even� af Defau�t, Lender may, v�i�l�ou� demand or <br /> no��ce,pay any or a�l taxes, ass�ssmen�s,premiums, and�iens requ�red�fl be paid by Gran�ar, effect any�nsurance <br /> pro�ided for-herein,make such repa�rs, caus�the abs�ra��s�f t�t�e�or ti��e insuran�e palicy and�ax h�stories�f�he <br /> Pr�per�y ta b� �er��f ed to da�e, �r procure new abs�racts of�itle vr titile insuran�e and �ax his�aries in case none <br /> vvere furnished ta it, and pr�cure�itle reports co�ering�he Praperty, �nciudxng surveys. The am�ounts pa�d far any <br /> su�h purposes�il� be added�o�he Indebtedness and wiIl bear interest a�the ra�e of�n�eres�o�herw�se accruing on <br /> �he �ndebtedness un�i� paid. In the even� af. foreclosure, �he abs�ra��s of�i�ie ar tx��e insurance sha�l be�ome �he <br /> praperty of Lender. Al� a�strac�s of ti��e, ����e insuran�e, tax h�s�ozies, surveys, and other documents pertain�ng�a <br /> the Indebtedness wiil remain�.n Lender`s passession unt�i the�ndeb�edness�s paid in full. <br /> �N THE EVENT aF THE SALE�F THIS PR�PERTY UNDER THE PRU�EDURE F�R,F�RECLC]SURE�F <br /> A SE�UR�TY INSTRUMENT BY ADVERT�SEMENT,AS PR�V�DED BY APPL��ABLE LAW,�R IN T�E <br /> E�ENT LENDER E�ER�ISES I�`S R��HTS UNDER THE ASS��NMENT �F LEASES AND RENTS, THE <br /> LENDER SHALL PA�VIDE .A.LL STATUTQRILY RE�UIREU N�TICES �F SALE AND N�TI�ES �F <br /> JUDICIAL HEARINGS BEF�RE LEN�ER E.�ERCISES ANY �F ITS R�.GHTS UNDER THIS <br /> �NSTR.CJMENT. . . . <br /> Upon�he o�currenc�of an Event�f Defau�t, Lender ma�, v�i�hout not�ce unless required by law, and a�i�s opt�on, <br /> dec�are�he entire�ndeb�edness due and payable, as i�may elect,r�gardless af�he da�e or da�es of maturity tl�ereof <br /> and, �f permi��ed by sta�e Iavv, �s au�h�rxzed a�ad empower�d�o cause t�e Praper�to be sold at pub�i�auct�on, and <br /> C�2�d4-2413 Corr�pIiance SysteFns,Inc.CBAE-FOFf3-2413L2.�.E1.5S5 <br /> Commercial Rea1 Estate Security InstrurrEent-DL40Q7 Pa�e 3 vf 5 � www.cam��ia€�cesystems.cvm <br />