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��15�45�� <br /> preced�ng sentence Withrn thirt� (3�} days after th� notice shali have been gi�ren, �ubj ect to the <br /> perf�rmance b�Lender of the covenant provided far in�lause(ii� af th�preceding sentenc�. <br /> Se�tian 8.1D. SuB�to�AT�Q�. If any ar all of the proceeds �f the l�ate have been used t� <br /> e�trnguish, ext�nd ar renew any indebtedness heretofore existing aga�nst the Proper�y, then, ta <br /> the extent of th� funds sa used, Lender shall be sul�rogated ta all of the rights, cla2ms, l�ens, <br /> t�tles, and interests ex�sting against the Praperty heretofore held by, or �n fav�r of, the halder of <br /> such ind�btedness and such former rights, C��.1Z115, liens, titles, ar�d interests, xf any, are nat <br /> vvaived but rather axe continued in ful� f�rce and effect in favor af Lender and are merged v��th <br /> the lien and s e curity intere st �re ated herein as cumul ative s e curity for the rep ayment of the I�ebt, <br /> the performance and dischaxge af the�ther�bligati�ns. <br /> Article 9 -� ENVIRDI�MENTAL HA�ARDS <br /> Sect�on 9.1. ENVIRONME�ITAL �oVENANTS. Borrower has provided representatians, <br /> vvarranties and covenants regaxding environrnenta� matters set f�rth in the Environmental <br /> Indemnity and Borrower sha1� camply with th� afaresaid c�venants re�arding en�ironmental <br /> rnatters. <br /> Article 1 U -- WArVERs <br /> S�ction 1�,1. MARSHALLI�� A�TD �THER MATTERS. B arraw�r hereby Waives, to the <br /> extent perm�tted by lav�r, the benefit of all Legal Requ�rements novv or hereafter �n farce <br /> regarding appraisement, valuat��r�, stay, extension, reinstat�m�nt and redempt�an and all rights <br /> of rnarshal�ing in the event of any sale hereunder of the Praperty or any part thereof or any <br /> interest there�n. Fur�ier, B�rrower hereb�r e�pressly waives, to the e�tent permitted by <br /> app�ical�le �a�v, any and a11 rights of redemptxon fram sa�e under any arder or deeree of <br /> forecl�sure of this Securit� In�trument on behaZf of Borrower, and �n behalf af ea�h and every <br /> Person acquir�ng any interest in or t�tle to the Pro�ert� sul�sequent ta the date af this Security <br /> Instrurnent and on behalf of a11 Persons t�the e�tent permitted by Legal Requirements. <br /> Section 1U.2. �AIVER DF NOT�CE. Borrawer shal.� n�t be entitled to any notices of an� <br /> nature whatsoever fram Lender �r Trustee except with respect ta rnatters for which this Secur�.ty <br /> Instrument or the Loan Agreement specifical�y and e�pressl�provides far the givir�g of n.otice by <br /> Lender or Trustee t� Borrower and e�cept with respect t� matters far �rhich Barro�ver is nat <br /> permitted b� Legal Requirements to wa.ive �ts right ta recei�re notice, and BorroWer hereby <br /> e�pressly wazves the right to receive a.ny notice fram Lender or Trustee vvith respect ta any <br /> matter far wh�ch this Security Instrument does n�t specifica��y and expressly provide for th� <br /> g�ving �f nol:iGe by Lend�r or Trustee to Borrower. <br /> SeCtioll 1�.3. INTENT��I�IALLY�MITTED. <br /> Section 1�.4. SoLE DISCRETIaN oF LENDER. �Vh�never pursuant to this Security <br /> Instrument, Lender exercis�s any right grven to it t� appr�ve or disapprove, �r an� arrangernent <br /> or term is to be satisfactory to Lcnder, the decision of Lender to appr�ve �r disapprove �r ta <br /> decide �vhether arrang�ments or terms are sat�sfactory or not satxsfactory shall �e�cept as is <br /> otherwise spec�fica�ly herexn pr��ided� be in the sole �but reasonable� discretion of Lender and <br /> shall l�e f�nal and conclusive. <br /> z� <br /> 79582.00OOff EMF US 5��87948�1 <br />