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��15�4583 Lender ta the pa�ment of the Debt in such �rder, priarity and proportions as Lender �n its sole discretion shal�determine. Section 8.3. RI�HT Ta CL]RE DEFAULTS. Upan the occurrence and during the c�nt�nuance of an� Event of Default, Lender may, but vvithout any abligat�on to do so and v��thaut not�ce to or demand on Borrower and without releasing Borrower from any obl�ga��on hereu.nder, make any payment or do any act required af BQrrower h�reund�r in such mann�r and to such extent as Lender may de�m necessary to p�otect the se�urxt�hereaf. Lender ar Trustee is authorized to enter upon the Property for such purposes, or appear in, defend, or br�ng any action or pra�eeding to protect its interest in the Property or ta fareclase th�s �ecurity Instrum�nt or c�llect the I]ebt, and the cast and expens� thereof(includin� reasanable attorneys' fees t� the e�tent perm�tt�d �y law�, vvith interest as provided in this Section 8.3, sha�� constitute a partion of the Debt and sha11 be due and payable to L�nder upan dernand. All such �osts and expenses incurred by Lender in remedying such Event of I]efau�t or such failed payment ar act �r in app�aring in, defending, or br�nging any such action or praceeding shall �ear interest at any default rat� speci�ed in the Laan Agreement, if any �the "Default Rate"}, for the periad after notice from Lender that such�ost�r expense was incurred to the date of pa�ment t� Lender. All such �asts and expenses incurred b� Lender or Trustee tagether�vith interest th�reon ca�cu�ated at the I�efau�t Rate sha11 be deemed to constitute a porti�n of the Debt and be secured by this Security Instrument ax�d th� �ther L�an Docurnents and shall be immediately due and payab�e upon d�mand by Lender therefar. S�ctio� $.4. ACTI��15 AND PR�CEEDII�GS. Lender or Trustee has the r�ght to appear in and defend ar�y acti�n or praceeding brought with respeGt ta the Property and to bring any actian or pr�ceed�ng, in the name and on behalf af Borro�er, which Lender, in i.ts discreti�n, decides should be brought ta protect its�nterest in th�Pr�perty. Secti�n 8.5. REC�VERY aF SUMS RE UIRED T� BE PAID. Lender shall have the right from time to time to tal�e act��n t� recover an� sum ar sums which constitute a part af the I�ebt as the sarne became due, vvithout re�ard to whether or not th� balance of th� Debt shall be due, and w�thout prejudice to the r�ght af Lender thereafter to bring an act�on af f�reclasure, ar any other action, for a default or defau�ts by Borrovver ex�sting at the time such earlier action �as cornmenc�d. Section 5.6. �THER RI�HTSLETC. �a} The failure of L�nder or Trustee ta insist upon strict performance of any term h�reof shall n�t be deemed to be a waiver of any term of this Security Instrument. Borrower shall not be rel�eved of B�rrower's obligations hereunder by reason of �i)the failure �f Ler�der or Trustee to comply with any request af Borrower or any guarantor or indemnitor v�rith respect to the Laan to take any actian to fare�lose this Security Instrument ar atherwise enforc� an�r af the pr�visians here�f or of the Note or the ather Loan Dacurner�ts, �ii�the relea�e, regard�ess af considerat�an, of the Who�e ar any�art of the Propert�, or of an� P�rsan l�ab�e for the Debt or an�portxon thereof, or (ii�� any agreement or stipu�ati�n by Lender extending the time of payment �r otherwise mad�fyzng or supplementing the terms af the Nnte,this Se�urity Instrument or the�ther Loan Documents. (b} It is agreed that the risl� of loss ar damage ta the Property is an Barro�ver, and Lender shall have no liability whatsoever for decline in the value of the Property, for failure ta 11 79582.0000�6 EMF LJS 56�8784�v 1