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��15��4�� <br /> ather a�tian. Further, Lender shall be permitted �o par�icipate or in�er�ene in any of the abo�� descr�bed <br /> pr��eed�ngs in any manner it shall a� i�s sale discretion determine, Lender is he�-eby g��ven fu�l power, righ� and <br /> au�horit� �� receive and receip� for any and all damages award�d as a result af �he fu11 or partial tal�ing ar <br /> appr�priati�r� and in i�s sale discret�on, ta apply said awards �o the Indebtedness, whe�her flr not �hen du� or <br /> othervvise rn accordance with applicable law. Unless Lender otherwise agrees in writing, any applica�ion of <br /> pro���ds to the Indeb�edness shali no� extend or postpone �he due da�e af �he payments due under the <br /> Indeb�ed�ess or change the amount af such pa,ymen�s. <br /> �R.AI�'I`�1�.'� A►S�LTI�AI��E�. At any time, upo� a request of Lender, Gran�ar wiil execu�e and de�i�er to <br /> Lender, and if appropriate, cau�e to be recorded, such further mor�gages, assign�-nents, assignmen�s of leases and <br /> r�nts, secur�ty agre�ments, pledges, finar�cing statements, �r such ather dacu�nent as Lender may requ�re, in <br /> Ler�der's sale discretion, ta �ffectuate, �omp�et� and to perfec�as well as�o continue�a preser�e the Indebtedness, <br /> or�he li�n or se�urity�nterest creat�d by�his��curlty�nstr-una�n�. <br /> ArI'T�1�EY�IIi���A�T'a Gran�ar appoints Lend�r as attorn�y-�in-fa�t an �ehalf af Grantor. If �ra.n�or fails to <br /> fi�lfiil a�ay �f �rant�r's o�1�ga�ions under �his Security Yns�rument ar any Rela�ed Documen�s, includ�ng those <br /> �bligations rr�en�i�ned �n the pre�eding paragraph, Lender as attorney-�in-�fac� may fulfill the flbliga�ions w��hout <br /> noti���o Gran�or.This power of attorney sha11 not b�affected by�he disa�ility af�he Grantor, <br /> I)E�'AL�LT°� Upan the o�currence of any one of the follow�ng e��nts �each, an "E�ent of Default" or"default" ar <br /> "event of default"�, Lender's obliga�ions, if any, �o malce any ad�ances will, a� Lender's option, immediately <br /> �ermina�e and Lender, a� i�s ap�ian, may declare all indebtedness of Gran�arlMflr�gagor �a Lender under �he <br /> Ir�debtedness immed�a�ely due and payable wi�hou� fur�her notice of any kind natwi�hs�anc�ing anything �o the <br /> �on�rary ir� �he Indebtedness or any o�her agreemen�: �a} �ran�or'slN�ortgagor's failure to make any payment �n <br /> time or ix� the ama�nt due; �b} any defau�t by �ran�orlMor�gag�r under �he �erms af�he rndebtedness; �c} �he <br /> death, disso�ution ❑r termina�ion of existence af Gran�arlll�ortgagor or any guaran�or; �d� �rantorlMor�gagor xs <br /> not paying C.�ran�ar'sIIVlor�gagor's deb�s as such debts bec�me due; �e} the commencement of any praceeding <br /> under bar�lcruptcy or insolvency laws by or against Gran�orfMortgagor or any guarantor or the appain�ment of a <br /> r�ceiver; �� any default under�he�errns of a�y other indeb�edness of Gran�nrlMor�gagor�o any a�he�r�reditar; (g} <br /> any �vrit of atta�hmen�, garnishmen�, execu�ion, �ax lien or similar instrumen� is issued agains� any colla�eral <br /> s�c�ring �h� laan, �f any, ar any of Grantor'slMor�gagor's proper�y nr any judgmen� is entered against <br /> Grantorlll�or�gag�r ar any guarantor; �h} any par-� af�rantor'sllV�oar-tigagar's business is sold to or merged with any <br /> other business, individual, or �n�ity; (i} any represen�a�ior� or warranty made by Gran�orlMortgagor �o Lender in <br /> �he Ir�debtedn�ss or any financiai s�atement delivered to L�nder proves to have b�en false in any ma�erial respec� <br /> as of�he time wh�n �made or gi�en; �� �f an� guarantor� or any other par�y ta any Related L�o�um�nts in favor �f <br /> Lender er�tered into or delivered in connection with th� I�deb�edness termina�es, attempts�o �ermina�e or defaul�s <br /> u�der any such �eia�ed Documents; �k� L,end�r h�.s d�emed i�self insecure or there has been a X�na�eriai ad�erse <br /> �hange �f condi��an af�he fnanciai prospects af Gran�orllVlflrtgagor ar any colla�eral securing �he obligatians <br /> av�ir�g to Lender by GrantorllV�or�ga�or. Upon �he ac�urren�e af an even� of defau�t, the entire pr�nc�p�.1 sum <br /> remain�ng unpaid hereunder, �ogether with accrued �n�erest, may be deGlared im�ned�a�ely due and payable at�he <br /> optior� of�he Lender. In addi�ion, Lender may pursue any remedy available under the Indebtedness, a� law ar in <br /> �q��tye <br /> R.EIVIEI]IE� �1V� �E�A.LTI.'T. �Jpon the occu�rren�e flf an E�ent of Defaul�, Lender may, vvithout demand or <br /> natice, pay any or all taxes, assessmen�s, premiums, and l�ens requ�red to be paid by Grantar, effec�any insuran�e <br /> provide� f�r h�r�in, make such repairs, cause the abstrac�s of��tie or title insuran�e policy and�ax histaries of�he <br /> Property �o b� certified to da�e, or pracure nevv abstracts �f ti�l� or title insurance and tax his�ories in case none <br /> ,were fi��nlshed�� i�, and procure tit1� repar�s cavering�he JProperty, including surveys. The amoun�s paid far any <br /> s►��h purposes �vill be added to �he Indebtedness and w�l�bear in�eres�at the rate af interest otherwise accru�ng on <br /> �he Indebted�ess until paid. �n �he event of fareclosure, �he abstracts af t��le or �itle insurance shall become the <br /> prop��-�y af L.�nder. All abstracts of ti�le, �i�le insurance, �ax histories, sur�eys, and o�her documen�s per�aining�o <br /> �he Ir�debtedness will remain i�a Lender's possessi�n until�he�ndebtedness is paid in full. <br /> �I�T'HE EVENT�F THE SALE DF THIS PR�PERTY UNDER THE PR��EDURE F�R F�RECLnSURE�F <br /> A SECURITY INSTRUMENT BY ADVERTISEMENT, AS PR�VIDED BY APPLI�ABLE LA�V, flR IN THE <br /> EVENT LENDER EXER�ISES ITS RIGHTS UNDER THE ASSrGNMENT flF LEASES AND RENTS, THE <br /> C�2�04-2�14 Gompliance Systems,Inc,clfa�3h8�2eb7fdf'3�2�13L,2.5.1.82D <br /> Commercial Real Estate Security Instrum�nt-DL4��7 Page 4 of 7 www.complian�esystems.cam <br />