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��15�45�� Lender to the payment of the Debt in such ard�ra prxarity and pr�parti.ans as Lender in its sole discretian shall determine. Secti�n 8.3. RIGHT To Gu� DEFAULTS. Upan the occurrence and �uring the �ontinuanc� af any E�ent of Default, Lender may, �ut v�ithout any �b�igation t� d� so an�l v�ithaut notice ta ar demand an Borrawer and withaut releasing Barrower from any obligat�on hereunder, malfe any payment or d� any act required�f Barravver hereunder in such manner and to such ext�nt as Lender rnay deem necessar�to protect the security here�f. Lender�r Trustee is auth�rized to enter upon the Property for such purpases, ar appear in, defend, or bring any acti on �r proceed�ng to prote�t its interest in the Pr�pert� ar to foreclose this Seeurity Instrument or collect the Debt, and the cost and expense thereof��.ncluding r�asonable attorneys' fees t� the �xtent p�rmitted by �aw}, vvxth interest as provided in this �ection 8.3, sha�1 constitute a portion af the Debt and shall be due and payable to Lender upon demand. All such costs and e�penses incurred by Lender in remedying such Event a� I3efault or such failed payment or act or in appeaxing �n, defend�ng, or bringing any such a�tian �r proc�eding shal� beax interest at any default rate specified in the Loan Agreernent, if any �the "Default Rate"�, for the peri�d after notice from Lender that such c�st�r��pense was �ncurred to the date of payment to Lender. AI� such c�sts and e�penses incurred by L�nder or Trustee tagether w�th interest thereon �alculated at the Defau�t Rate shal� be deemed to �onstitut� a portion of the I]el�t and be �e�ure�l b� this Security Instrument and the other Laan Docurnents and shall be immediate�y due and payable upan demand by Lender therefar. Seetion 8.4. ACTI�NS AI�D PR�CEEDINGS. Lender or Trustee has the r�ght to appear in and defend an� acti an or pro c ee ding braug�it Vvith re sp e ct to the Prop ert�and to bring any acti on or proceeding, �n the name and an behalf of Borrower, which Lender, in its discretion, decides shou�d be�r�ught to pr�tect its interest in the Propert�. Se�tion 8.5. REC�VERY �F SLTMS REQVIRED T� BE PAID. Lender shall ha�e the right from time ta t�me t� tal�e action ta r�cov�r ar�y sum nr sums v�hich constitute a ar� of the Debt � as the same beeome due, �ithout regard to whether �r n�t the balanc� of the Debt shall be due, and w�thout prej ud�ce ta the right of Lender thereafter to brzng an action of foreclosure, �r any other a�tian, for a default or defaults by Barrovver existing at the time such earlier act�on was cornrnenced. Section 5.6. �THER RIGHTS, ETC. �a) The fai�ure af Lender or Trustee to insist u�on strict perforrnance �f any term hereaf shall not be deerned to be a wai�er af an term of this Y Security Instrument. Borr�wer shall nat be re�ieved af Borro�ver's obligatxons h�reunder by reasan af �i}the failure of Lender or Trustee t� comp�y �vith any request of Borrovver or any �uarantor �r ir�demn�tar v�ith respect ta the Loan ta tal�e any actzon to f�reclose this Se�urit� Instrument or otherwis� enfarce any af the provisions hereaf ar of the ItiTote or the ather Laan Documents, �ii� the release, regardless of consideration, of the v�hole or any�art of the Prapert�, or of any Persan 1iab�e for the Debt or any portion thereof, or �ii�� any agreement or sti�u�ation by Lend�r e�tending the time af payment �r atherwi.se madxfying or supplementing the terrns of the Note,this Security Instrument or the other Loan Documents. �b� It is agreed that the r�sk of lass ar damage to the Proper�y is on Borro�er, and Lender sha�� have no liabi�ity whatsaever for decline in the value of th� Property, for failure to I1 79582.O��Ob6 EMF US SG287948�1