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<br /> Lender's Right tv Enter.Lender or Lender's a enfs shall have the ri h�a '
<br /> � g, nd.access�0 1n.spect�he Pr�per�y a�
<br /> a�I reasonable t�mes in �rder t❑ attend.,�o Lender's interes�� and..ensure com lia��ce�.witl� the ter�ns of th'
<br /> Security Instrument. If�he Pr� e ' � ��
<br /> p r�y, ar any�paz-� thereof shal� require,inspec���n, repair ar main�enance
<br /> a
<br /> v�hich Gran�or has faixed to prv��de, Len�.er, af�er reasonable natice, ma�en�er u on the Pro e �v effect
<br /> - such obligati�n; and the cos��I�ereof shall he added fo �lae Indebte � p � p �
<br /> dness and paid an Lender's �.emand �y
<br /> �ran�tor. � . - - �
<br /> ASSIGNMENT�F LEASES AND RENTS..As addxtionai securi fo.r�he a
<br /> . �y p �rnen�af�he�z�debtedness and�he
<br /> perfonnance of the covenants con�ained�h�rein, Gran�ar hereUy as5�gns and.transfers �Wer �o Lender aIl ren�
<br /> s,
<br /> �ncome and profits �"Rents"�under any presen�vr�future�.Ieases, sub�eases.or:iicenses af�he�Pr�pert�, InCIt�C�1n
<br /> any guaran��es, extensz�ns; a��nendmen�s ar r�newa�s�hereof, fi om t��e use of�he Pr� e� . So �on as g
<br /> nat in default,Gran�or may re�eiwe, c�li�ct and en'o alI Ren�s ac�r ' � � ��' � �rantar �s
<br /> � y uing from�he Property,but n��more�han ane
<br /> month zn advance of�he due da�e. Lender may also require Grantor,tenant�and any��ther user of�he Pra e to
<br /> make pa�ments af Ren�s d�rectly ta Lender.Ho�vever,�y�e�eiv�n a.n su�h a�men� p��
<br /> � y p y s,Lender�s na�,and'shaI�nvt
<br /> be considered,an agen�for any pa��ty or en�i�y.Any amou��fis cn�Iec�ed may,a�Lend�r's s��e disci etYan
<br /> ,be app�ied
<br /> to protect-Lender�s ua.ter�st :in �he Praper-�y�i�nc�ud�ng buti z�ot I1�ni�ed ti� the payme��t of ta�es and u�surance
<br /> premiums and to the Indebtedness. At Lender's sole disGretion, a�� leases, sub�eases and �Y�enses must fu�st be
<br /> approved by Lender. � . , . . - ---
<br /> � d
<br /> C�NDEMNATI�N.Gran�or sha��g��e Lender natice af an ac�ion tak�ri or threa�e� �
<br /> Y ned��be�ake�x b�prYvate or
<br /> pul�i�c en��ties�o apprapriate the Praperty or any pa�•t�hereof,tlzraugh c�ndemnation,elninent damain ar an other
<br /> act�on.Fur�her,Lender sha11'be p�rmi�ted�o par�zcipate��inter�ene in an o��he abgve d�scrzbe � � � '
<br /> �' d p�.oceedln�s u-�
<br /> an� manner �t shalx a� its so�e discretion de�ermine. Lender is hereby given full povver, �-ight and au�horit� to
<br /> recex�e and recelp�f�r any and all damages a�arded as a result of the ful�ar par�ial taking or appr�prxa�Yon and in
<br /> its snle d�scretion, t� apply sa�d a�ards��-the�ndel��edn�ss, whe�h�r ar nat then due or atla�r��se �n acc�rdan��
<br /> w�th app�Ycab�e 1aw. UnXess Lender a�he�•w�se agrees in v�rr�ting, any app�ication af pro�eeds �o the I��zdebtednes�
<br /> shail nat extent� �r pos�pvne �he due date of�he payments due under the Ind�btedn.ess o�• chan e�he aYnount of
<br /> such payments. .
<br /> g
<br /> GRANTQR'S ASSURAN�ES. At an� ��xne, upon a reques� tif Lender, Cran���• wi�I execu�e and deli�er �fl
<br /> Lender, and �f�pproprla�e, cause to be re�orded, such further-mar�gages, assignmen�s, assigrunen�s af Ieases and
<br /> ren#s, secur�� agreements, pledges, �'inancing s�a�ements, or such a�he�• d�cumez��-as Lender rnay require, �n
<br /> Lender's s��e d�scretian,fo effectua�e, �omp�e�e and�o p�rfe��as�e��as to cantinue�o reserve�h��nde
<br /> , , p . b�edness,
<br /> or the I��n or security in�eres�crea�ed by th�s Secur��y zns�rumen�. �. , . � , �
<br /> �TTQRI�TEY-IN-FA�T. Gran�or appoir�ts L�nder as attarney-�n-fa���an��ehalf of Gran�or. �f Gran�ar fails ��
<br /> fulfzli any �f Gran�ar's obliga��ons under this Security Instrument o�' any Re�a�ed�Docu�nen�s, Yncludin those
<br /> obliga�ions men�ioned in�he�prec�ding paragraph, Lender as a�ta�-ne.��in-fa��ina ftiifll the g
<br /> � y abl�gations v�zthflu�
<br /> natice t�Grantor.Thxs p��er of attor��.ey shal�na�be affe�ted by fh�disabzXity of the Grantor.
<br /> EVENTS Uk'DEFAULT. The fo�lowing �v�n�s.sha1� const�tute defau`�t under this Se�urz ���I
<br /> "E�ent of Defau��"�: - - . . . ..�
<br /> � nstrumen��each an
<br /> �a�• Fa2iure to mal�e requll�ed�paymen�s�h�n due under Indeb�edness• •�
<br /> �
<br /> �b� Failure ta perf�rm or keep any �f�he co�renants of this S�curi�.y Instrument or a defau��under an. af
<br /> the Re�ated Dacuments; _ . � .� � y
<br /> �c}��� The makir�g ❑f at�y orai or v�r��en statemen�or asse�-�ion�v Lende�•�hat zs false ar inisieadul �n an
<br /> � �
<br /> materi��respec�by Gran�or or any�person�b�iga�ed on the Indebtedtiess; � � .
<br /> - �d� Tbe deatih,dissfllu�ian, uiso�vency;�ankrup�cy vr recex�ership praceeding of Gran�or or of any persan
<br /> . vr en�i�r a1�i�gated on the Indeb�ed�ness; . . ' . � .
<br /> �e� � Any assignmen�by Gran�or for�he benefl:�f Grar�tor's cred�tars; : .
<br /> �� A materlal ad�erse change accurs:�n�he f nancia� condi�i�n,.a�vnersh�p ar ma��.age�nent �f Grari�or�ar
<br /> any person obligat�d on�he Indebtedness;vr . . � . � -; '
<br /> �g� Lender deems�tself insecure for any reason wha�so�ver. � - � �
<br /> REMEDIES �N DEFAULT. Up�n the oc�urrence of an Event of Defau�� Lender ma .without d
<br /> . s Y, e�nand or
<br /> no�ice,pay an�az aII�a�es, asses�men�s,premiums,and l�ens requ�red�a be paid by Gran�ar,effec�an�insurance
<br /> provided for hereixa,ma�e suGh repairs, cause��he abstracts of fi�1e or tit�e.insurance policy and tax his�aries of�he
<br /> Propel-�y to be cer�xfYed to date, �r pro�ure nevv abs�xa�#s af�it�e�r title in-surance�and�ax his�ories in case none
<br /> were fi�rnished to it, and procure�i�te repor�s cfl�ering tlxe Property; Y.nclud�ng sur�eys. T�ie a�noun�s paid far any
<br /> su�h purposes�vzll be added to the Indeb�edness and vvi��bear u�teresti at�he ra��af ir��eres�o�her��se accruing�n
<br /> the Indebtedness u.n�t�I pa�d. Zn�he even� of fore��asure, the abstrac#s of tit�e or ti�le Insurance shall�ecome �le
<br /> praperty Qf Lender. Ax�a�s�ac�s of title, titiie insurance,tax histaries, sur�eys;and.other dacumen�s per�aining to
<br /> the Indebfiedness�v�I1 remain�in Lender'�possessxon untx�the Inde�tedness zs paid in fu��. �' �
<br /> IN THE E�TENT�F THE SALE�F THIS PR�PERTY�.UNDER THE P���EL7URE FQR.FQRECLDSU
<br /> RE�F
<br /> A SECURITY�14TSTRUMENT BY ADVERTISEMEN�,AS PR�V�DED BY APPL��ABLE�LAW,QR�TI�E
<br /> EVENT LENDER E�ERC�SES IT5 RI�HTS UNDER THE ASS�GIwTMENT 4F LEASES AND RENTS, THE
<br /> LENDER SHALL PR�VIDE ALL STATLJT�RILY REQUIRED N�TI�ES ��F,.SALE AND NDT�GES �F
<br /> ��Ic� HEAR�NGS BEFo� LEN�ER � E�ER�ISES ANY� �F ITS : RI�I�TS UNDER THIS
<br /> I�STRLTMENT. � . - � � � . � �
<br /> Upon#he oc�urren�e of an Even��f Defaul�,L�rider rnay,vv��hout n�tic�unless�re uired b lavt� and a�its fl ti�n
<br /> �. .Y � � �
<br /> declare�he ent�re Indebtedness�due and.payable;�as i�ma�e�ec�,regardless�of the�da�e or.da�es of ma�ux xty thereaf
<br /> and,if permitted by sta�e�aw,xs au�horxzed and�empov�ered��'cause�he PI-�pe�-�_t�be sold a�publ�c auc�ian,and
<br /> C�3 2�4�-2�14 Compliance Systerns,Inc.8flG6-DE55-Z�13L2.I Q.].8G9 ' � � . .
<br /> Cvmmercial Real Estate Se�r�rity Instr�ment-DLAOD7 Page 3 vf 5 . �vwcv.compliancesystems.�om
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