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2� 1 ���835 <br /> business ther�at; �i1� c�mp�ete any canstru�tion an the Property in such manner and form as <br /> Lender reasonab�y deems ad�isabl�; (�i�) make a�Iterat�ons, additions, reneWa�s, rep�acements and <br /> �mprovements t� or on the Prop�r�y in its reasonable dxscret�on; ��v� ex�r��se a�� rights and <br /> powers of Individua� Borrower w�th respect to the Propert�, whether �n the name of Ind�vrdual <br /> Borrower or otherw�se, �ncluding, w�thout lxmitation, the r�ght to make, can�e�, enforce or <br /> modify Leases, obta�n and ev�ct tenants, and demand, sue for, c���ect and receive a�� Rents ar�d <br /> amounts due under aI� Lease C7uaranties i� its reas�nah�e d�screti�n; �v} require Ind�v�dual <br /> Borrower to pay month�y in advance to Lender, ar any re�e�ver appointe�l to col�e�t the Rents, <br /> the fa�r and reasonable rental value f�r th� use and occupat��n of such part of the Property as <br /> may be occupied b� or in possession of Indiv�dual Borrower un�ess Master Tenant makes <br /> payment of a11 such rent due and owing under th� Master Lease far such month; ��i� require <br /> Individual BorroWer to vacate and suxrender passessi�n of the Prnperty to Lender or ta suCh <br /> � receiver and, in d�fau�t thereof, Ind��idual BorroWer may be evicted by summary pr�Ceedings or <br /> otherw��s� and ����} app�y the receipts fr�m the Proper�y in such �rder arid proportion as �ender <br /> in its s�1e discr�tion ma� determ�ne, any �aw, �ustom or use to the contrary not�vithsta.nding, to <br /> the payment af �A� the Debt, in such order, priority and pr�po�t�ans as L�nder shal� deem <br /> a�propr�ate in �ts sole d�sc�etion and �B� a�� reasonable and documented expens�s �1I1C�LIC�IIl� <br /> rea�onabie and documented attorneys' fees� incurred in connectxon Wxth the afore�aid operat�ons <br /> and all amour�ts necessary to pay the Taxes, �ther �harges, Insurance Premiums, Liens, charges, <br /> claims, and other r�asonable and documented e�penses in c�nn�ction w�th the Property, <br /> inc�ud�ng, without �imita.tion, the reasonable and do�umented sa�aries, fees and Wages af a <br /> managing agent and such �ther emp��yees or agents as Lender may reasanably d�em ne�essary <br /> or desirab�e, the��st of a�� alterat�ons, renovatians, repa�rs ar replacements made by Lender�n its <br /> reasonable discretion and a11 e�penses �nc�dent to taking and reta�ning p�ssession of the <br /> Property; <br /> ��} exercise any and a�l rights and remed�es provided for in Sect�on 1.3 above; <br /> �� app�y any sums then deposited �r held �n escroW or otherwise by or �n <br /> beha�f af Lender in accardance with the terms of the L�an Agre�ment, th�s Se�urity Instrument <br /> or any other Loan Document to the payment �f the foll�wing items in any order in its sole <br /> dis�retian: <br /> ��} Tax�s and�ther�harges; <br /> ��i} Insurance Premiums; <br /> �i�i� Interest on the unpaid principal balanc� of the Note; <br /> [iv� Amortization �f the unpaid princ�pa� balan�� of the N�te; <br /> or <br /> (v} A�� other sums payab�e pursuant to the N�te, the Laan <br /> Agreement, this Security Instrument and the other Loan Do�uments, <br /> in�luding, withaut �imitati�n, advances made by Lender pursuant to the <br /> terms of this Se�urity Instrument; <br /> (k} pursue such other remedies as Lend�r may have under app�icable �aw; ar <br /> 15 <br /> �wYo�x 3���g��_4� <br />