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��15�4583 cal�ect and receive all Rents nf the Propert� and every part thereaf; �v) require Borrower to pay monthly ir� advance to Lender, or any receiv�r appaint�d to ca�leGt the Rents, the fair and reasonable rental �alue for th� use and o�cupati�n of such part of the Propert� as may be �ccupi�d b�Barr��ver; �vi� re�uire Barro�ver to vacate and surrender possess�an of the Property to Lender or to �uch rece�ver and, �n default thereof, Barravver may be ev��ted 1�� sumrnary pr�ceedings or otherwise; and �vxi} apply the receipts from the Property to the payrn.ent of the Debt, in such arder, priority and prop�r�i�ns as Lender shall deem appropr�ate in its sole �is�retian after deducting therefrom a�l e�penses �inc�udin� reas�nable attorn�ys' fe�s} incurred in c�nnection with the aforesaid aperatians and all amQunts necessary to pay the Taxes, �ther �harges, insurance and ather expenses in connection �vith the Property, as we�l as j ust and reas�nable compensation far the serv�ces of L�nder, its counsel, agents and employees; �i} apply any �ums then de�asited or held �n escrovv or atherw�se by or on behalf af Lender in accordance with the terms �f th� Loan Agreement, th�s Security Instrument or an� other Loan Dacum�nt andlor the Aecaunts ta the payment of the follovving items in any order�n its sole diseretion: �i� Taxes and �ther Charg�s; �i�� insuran�e pr�miums; �iii} int�r�st on the unpaid prin��pal balance of the De�t; �i�r� amartizatioil �f the unpaid principal k�alanc� af the D�bt; �v} a11 other sums pa�able pursuant t� the 1�Tote, the Loan Agreement, this Securit� Instrument and the ather Loan Document�, including v�ithout �imitat�on advances made by Lender pursuant to the terms of this Security Instrument; {j� surrender the 1I15111'aI7Ce �7D11CI�5 maintained pursuant to the Laan Agreement, collect the unearned insuran�e premiums far such insurance p�licies �.nd apply such sums as a credit on the Debt in such priority and proportion as Lender in its d�scretion shall deem pr�per, and in c�nnection therewzth, Barrov�er hereb� appoints Lender as agent and attorney-in-fact �vvhich is coupled with an interest and �s therefore irrevocable� for B�rrovver to c�llect such insurance premiums; �k} apply the undisbursed ba�ance of any deposit made by Borrower �vith Lender in connectaan with the restoratran �f the Praper�y aft�r a casua�ty thereto ar ��ndemnation th�r�of, ta�ether�vith interest there�n, to the payment of the I7ebt in such order, prior�ty and proportions as L�nder shall deem to he appropriate in its d�scr�tian; andlar (1) pursue such other remedies as Lender may have under appiicable law. In the event of a sale, by foreclosure,pav�er�f sa�e �r�therw�ise, of less than a11 af Prapert�,thxs Security Instrument sha11 continu� as a lien and securit� interest on the remaining portion of the Praperty uni mpaire�l and without lass af priority. N�tvvithstanding the provisions of this �ectian to the contraxy, if any E�ent of Default as descr�bed in Sectxan 10.1�f� of the Loan Agreement shall occur�vvith respect to Barro�ver or any SPE �ornp�nent Entity,the entire unpaid Debt sha11 be autornatical��due and payab�e,without any fixrther n�tice, demand or ather actio�.by Lender. Section$.2. APPLICATI�N �F PR�CEEDS. Upon the occurrence and during the continuance of any Event�f I�efau�t,the purchase maney,proceeds and avaz�s of an�dispositi�n of the Property �ar any part thereof� and any ather surns coilected by Lender pursuant to the l�Tate, this Security Instrument or the ather Loan Dacuments may, in each case, be appli�d by 1� 79582.000�66 EMF L75 5�287842�1