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��15�4583 pre�eding sentenc� Wzthin thirty (3�� days after the notice shall have been given, subj ect to the performance by Lender of the cavenant pra�ided for in clause�ii� af the preceding s�nt�nce. Sectian$.lU. SUSR�GATI�I�F. If any ar all �f the proceeds of the Note have been used to extinguish, e�tend or r�new any indebte�ness heretofore existing against the Pr�perty, then, to the extent of the funds so used, Lender shall be subrogated to all af the rights, claims, liens, tities, and interests existing against the Property heretafore he�d by, ar in favar of, the ho�der of such indebtedness and such former rights, clairns, �iens, titles, and xnterests, if any, are n�t �a�ved but rath�r ar� c�ntinued in fu11 farce and eff��t in favor of Lender and are merged with th� lien ar�d se�urity interest�r�at�d h�r�in as cumulative security for the repayment af the I3ebt, the perforrnance and discharge of the�ther �bligations. Article 9 -- Er��RONMENTAL HA.z��S Section 9.1. El`T�TIROI�MENTAL ��VEI�ANTS. Borrower has pra�ided representations, warrant�es and covenants regarding environmental matters set forth in the Environmental Indemnity and Borrawer shall comply with the aforesaid cavenants regarding en�iranmental matters. Arti�l� 1 U — WAIVE�s Secti�n l�.l. MARSHALLIN� AhTD �THER MATTERS: Borrower herel]y �aive5, to the extent permitted by law, the benefit of a�� Legal Requirements now �r hereafter in f�rce regarding appraisem�nt, �aluat�on, sta�, extensi�n, reinstatem�nt and redempt�an and all rights af maxshallxng in the event of any sale hereunder of the Property �r any par� ther�of ar any interest therein. Further, Borrovver hereby e�pressly waxves, t� the e�tent permitted by app�icab�e lav�, any and a11 rights of redemption from sale under any order ar decree of foreclosure of this Securit�r Instrument an beha�f�f B�rravver, and �n hehalf�f each and e�ery Person acquiring any �.nt�rest in or �itle to the Property sul�sequent to the date of tha�s Securit� Instru_ment a.r�d an behalf af al�Persons to the extent permitted b�Legal Requirements. Sectivn lU.�. WA7VER�F NQTICE. Borro�ver shall not be entitled to any notices of any nature �vhatsoever from Lender or Trustee except vvith respect ta matt�rs for which this Security Instrument ar the Loan Agre�ment spe�if ca11y arid expressly pr�vides for the gi�i�lg of notice by Lender ar Truste� to B�rrov�er and except with respect to matters f�r which Borrovver is nat permitted by Legal Requirements ta �vaive its right to receive I14t1CGy and B�rrawer hereby e�press�y v�raives the right to receive an� notice fr�m Lender or Trustee with respe�t to any matter far �rhich this Security Instrument does nat specifica�ly and express�y pr�vide for the gi�ing of not�ce by Lend�r or Trustee to Borrower. Section 1U.3. INTENTI�NALLY�MITTED. Section 1U.4. ��LE D��G�rl�lo�v oF LE�DER. Whenever �ursuant to this Security Instrument, Lender e�er�ises any right g�ven ta it ta apprave or disappr�ve, �r any arrangement ar term is t� be satisfactary to Lender, the d�cision of Lender to approve or disapprove or t� decide whether arrangernents or terms are sat�sfactory or not satisfactory shall �except as is atherv�ise specif ca11y herein provided} be in the so�e �but reasonable� discretion of Lender and shall�e final and�onclusiv�. 13 79582,�0��6 EMF US 56257842�1