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��15�45�� <br /> c���ect and receive all Rents of th� Pr�p�rt� and every part there�f; �v} require Borrower t� pay <br /> monthly in advance ta Lender, ar any receiver app�inted to collect the Rents, th� fair and <br /> reasonab�e rental value for the use and occupat�on af such pa.rt of the Propert� as may b� <br /> �ccupied by Borrovver; �vi} require Borravver to vacate and surrender possess�on of the Property <br /> to Lender �r to such receiver and, in defau�t thereof, Borrawer ma� be evictcd by sumrnary <br /> proceedings or otherwise; and (vii� appl� the receipts fram the Proper�y to the payment of th� <br /> Debt, in such order, priarity an� prop�rtions as Lender shall deem appropri�.te in its so�� <br /> discretion after deducting therefrom al1 expenses �including reas�nable attorneys' fees� incurred <br /> in canne�t�i�n with the afaresaid aperations and aIl amounts ne�essary to pay the Ta�es, �ther <br /> Charges, insurance and other expenses �n �onr�ection wYf.�i. the Property, as vve1� as just and <br /> reasanable campensation far the services af Lender, its counsel,agents and empl ayees; <br /> (i� apply an� sums then depo sited or held in escrow or atherwise by ar on behalf�f <br /> L�nd�r in accordance with th� terrns af the Loan Agreement, this Securit� Instrument or any <br /> other Loan Do�ument a.ndl�r the Accaunts to the payment af the f��lovving items in any arder in <br /> its so�e discretxon: �i} Taxes and �ther �harges; �ii� insurance premiurns; �iii) interest an �he <br /> unpa�d principal balan�e af the I]ebt; �iv� amart��ation of the unpaid principal balance of the <br /> Del�t; ��r� a11 other sums payable pursuant to the 1�Tote, the Loan Agreern�nt, this Security <br /> Instrument and the oth�r Loan Documents, inc�uding withaut l�mitation advances made by <br /> Lender pursuant to the terms�f this Securiiy Instrurnent; <br /> �j� surrender the �nsuran�e poiicies maintained pursuant ta the Loan Agreement, <br /> collect the unearned insurance prern�ums for such insurance �oli�ies and app�y such sums as a <br /> credit on. tk�� I]ebt in such pr�orxt� and proportion as I�ender in its �lxscreti�n shall deem pr�per, <br /> and �n connection therevvith, Borrower hereby appoints L�nder as agent and attorney-in-fact <br /> �v�hich is coupled �vith an interest and is theref�re �rrevocable) far BorrovUer to coZ�ect such <br /> �nsuraxlc�premiums; <br /> �1�� apply the undisbursed �alance of any deposit rnade by Borrav�er with Lender in <br /> c�nnection with the restoration �f the Prapert� after a casualty thereto or c�ndemnatian thereof, <br /> together vv�th interest th�reon, tQ the�ayment of the Debt in such �rder, priarity and proportions <br /> as Lender sha�l deem ta be a�propriate in its discretion; andlor <br /> �1� pursue such other rernedies as Lender may�iave und�r applicable Ia�v. <br /> In the event of a sale, b�foreclosure,power of sale ar other�vise, of l�ss�han al� �f Prop�rty,this <br /> Secur�ty Instrurnent shal� �ontir�ue as a lien and security interest on the remaining partian of the <br /> Property unimpaired and w�th�ut loss of priorit�. Notv�ithstanding the provisians �f this Sectian <br /> to the contrary, �f any Event of I]efau�t as described in Sectian 1�.1(f� �f the Loan Agreement <br /> sha�l accur vvith�respe�t ta Barrov�er ar any SPE Component Ent�ty, the entir�unpaid Debt shall <br /> l�e automatically due and payab�e,v�ithout any further natice, demand or other action by Lender. <br /> Sect�on 5.�. APFLI�ATI�1� oF PR�CEEDS. Upon the o�currence and during the <br /> cantinuance of any Event af I3efault,the pur�hase money,proceeds and ava�ls �f any disp�sition <br /> �f the praperty �or any part thereof} and any other sums ca��ected by Lender pursuant t� the <br /> Note, this Security Instrument or the other Loan I�ocuments may, in each case, be applied by <br /> 10 <br /> 7958�.�0�06G EM�' Ll5 56287948�1 <br />