2� 1 ��3111
<br /> Lende�-'� Rigta# to Ente�•. Lende�•or �,cY�der's a�ents shal� ��a�e���e r�����ax�d a�c�ss ta insp�ct���e �'raperty a�
<br /> a�l reasanable �imes in arder to a��e��� ta Lend�r's in�er�s�s and ensure co�npl�ance with t��e terms of�his
<br /> 5ec��i•i�y I��s��-��r�7e��t. I f t�� Properry, or apy pa�-�: thereof, sha�1 i-ec�uire inspectioi7. r�pair or main�enance
<br /> wh ich �ra��tor l�as fai led to prov�id�, Lende�-, aft�r �-e�sonab�� ��o�ice, may en�e�- up�n the P�•�p�r�y ta e�ff�ct
<br /> such ob[i�.�at�o��; and the cost t��c�•�af s��al l b� add�d to t�e �nde�tedness and �a id on Lend�r's demand by
<br /> ��•an�ot-.
<br /> ASS��N M ENT []F LCAS CS A N D R E NTS. !-�s add i�ional security fflr�he }��y���e�1t flf��he Il�deb�edness a��d f���
<br /> perfo�-�nance of the ca�erlants contained ��erein, �rantor hereby ass��ns and ��•ansfers over ta Lez�der all I'�17t5,
<br /> i��corne and profits �"Rents"} under any present o�- future �eases, subleases ar licenses of the Proper�y, includin�
<br /> any �uaranties, ex�ensior�s, at�endmen�s or- �-ene�nra�s thereof, fram �he use of t�1e Pr�pe�-ty. So lon� as �rantar is
<br /> not in default, G�•antor r7�ay r�cei�e, collect and enjay a�l Ren�s acCru�n�froxn ���e P��opert�, but no�i�7a�-e t�1an or��
<br /> mo��th in ad�ance of the dLie date. Ler�der ���ay also r�quire Grai��or, tenan� and �ny othei- user of���e Proper�y to
<br /> ���ake payments af Rents di�-ec�ly to Ler�der. Howeve�-,by rece�v�n�a��such payxnen�s, Lender is no�, and shall ��o�
<br /> be c���sidered, al� a�ent f��-a��y party or en�i�y. An}�a�r�oun�s co�lec�ed �na�, a�Lender�s sai� discretion, b� applied
<br /> �o pro�ec� Lender's in�erest in the Proper�y, ir�cludin� bu� na� li�r�i�ed �fl �he pay�men� of ta:�es and insurance
<br /> pre���iu���s a�zd t� ��1e �r�debt�d���ss. A� Le��de�•'s sale d�scre�ion, all leases, subleases and Iicenses mus� first be
<br /> app��o�ed by Lender.
<br /> �[]I�D E IV[N AT I[�N. C��•an�o��sn�[1 �i We I.�c��de�•na�ice of a��y ac�i�t� �al�en o�•t�rea����ed �� be take�� }�y pz�i�a�e o�-
<br /> p�iblic en�i��es��app�-apria�e�he Frflperty o1-any par�thereof,�hrou�h conde�nna�ion, e�r����en�dornain or ar�y a���er
<br /> actia��. Fur������. L�nder sha�l �e pe����ni�ted �o par�icipate o�• in�er�ene in any of�h� abo�e d�scribed proceedin�s i��
<br /> a��y ���ar�ner �� sl�all at i�s sale discr��ioz� �i����-miY�e. Lepder is hereby ���e�7 fu�i power, ri�ht ai�d au�hari�y �o
<br /> �-�cei�e ar�d �-ec�ip� fo�-any ar�d al� da��na�es aw�.rd�d as a resul�of the fUll o�-pa�rtial �ak�n�or appropriation and in
<br /> i�s �o�c dis�r��io��, tc� apply said awards to tl�e �nde}�tedncss, whe�h�r o�- ��a� �hen due or a�}�er�v�s� �n accardance
<br /> w�t�� app�icabl� ���-��. L�n�ess Le��d��• ot���rwisc a�re�s in w�-i�in�, ar�y applica�ion of��-oceeds to t�ie �nd�b�edn�ss
<br /> shali r�o� ex�end o�- }��stpone ���e d��e da�e ��f�he paymen�s due u��der th� Ind�U�edness or chan�e th� amaL���� af
<br /> such pay���En�s.
<br /> �RA NT�R'S ASS C�RANC ES. A� apy ti����, up�n a re�ues� af Lender, ��'anto�' r�v�1� execut� and del�ve�• ta
<br /> Ler�d��-, a��d if`app�-op��ia�e, causc ta b� �-ecc��-d�d, suc� furrthe�- �na�rt�a�es, ass����s��e�zts, assi�i����et�ts of leases a�zd
<br /> r•e��ts, s�cur-it� a�rce���e��ts, pled�;es, �(il�ancin� s�a���r�ents, or such oth�r doc��ment as Lender t�nay require. in
<br /> L��7d��-'� sol� discr�tian, to effec�uate. c�3r�p�e�e and to perfec�as weli as ta cfll��in��e ta p�•eser��the indebtedness,
<br /> flr the 1 ien or sec��r���� in�eres�cr�ated by th i s Security I ns�rumen�.
<br /> ATT�RN EY-1 N-FACT. ��•anta�- a��oints L�nder as a��orney-in-fac� an be��alf af �ra��tfl�•. if Gra��to�• fails to
<br /> fiilfi�i any of �rantor's ab�i�ations uz�d��� tl�is S�c��rt�y �nstru�nent or any Related Documents, includir�� thos�
<br /> obli�,ations �nentia��ed in t��� pt-ecedin� para�raph, Lender as a��arney-in-facf �r�ay ful�ll �he obli�ations wit��o��f
<br /> nat�ce�o�x-antor. T�zis pow�r af a��or-ney s}�all na�b�affec�ed by t��e disab�lity of���e Grantor.
<br /> E V EN TS �F D C FA C]LT. T��e fol�o«in� cven�s shal� consti�u�e d�fau�� ui�de�- th is Sec�it-i�y �ns�rut��ent �eac�� ai�
<br /> "��e��t of Defau lt"}:
<br /> �a} Failur-e to ���ake required pay��ne�lts w�en due under�ndeb�edness;
<br /> �U} Fai�u�-e to �et-fort�� or k�ep ai�y c�f���� co�e��a��ts �f���is S�cu�-i�y I ns��-u�nent or a defaLilt under any of
<br /> ���� Re 1 ated Do�urr�ents;
<br /> �c} T1�� �z�aki��w of any o�•al ar rn1ri�tcn stat�Y��en� or ass�r���n to Lende�� �hat is false or m�sleadir�� in ar�y
<br /> �r�a�e�-ia� r-espec�by Gran���•or a�7y persan ob�i�a�ed on�he Indebtedr�ess;
<br /> �d} The deat��, dissolu�ion, insalvcr�cy, bankru��cy o�-r�ce��e�-sl�ip p�-ac�edi���of�ranto�- or of any p��-so��
<br /> or�n�i�y ob�i�a��d oi��he I��debtcdn�ss;
<br /> �e} Any assi�n�r�en�l�y G�-al�to��f�r��l�e b�nef��of G�-a�tor's cre�i���-s;
<br /> ��] � ;r�a���-ia] ad��rse char��e occ���-s ir� xhe f nanGia� co��di�io��, otivn�rsl�ip ax• mana�ernen� af��-an�o�� a�-
<br /> a��y pe1-so�z obl��a��d or����� I��d����dness; o��
<br /> ��� L��7de��d��11�5 it5��'�1�1S�Cu�-�fo�•����y�-castix��v��atsoe���-.
<br /> REMED�ES []N DEFAULT. Upor� �h� �c�;u��renc� af an �ve�z� of Defaul�, Lender ��zay, �vi�l7�ut dej��and o�-
<br /> no��ce, pay a�z�r ar a l� taxes, assessments, p��e:�n iums, and 1 ien�re�u i red ta b� paid Uy G��a��tor, cffec�any insura���e
<br /> p�-a�id�d fo�•��e�-ein, t��al:e such repairs, cause t�e abs�rac�s of ti��e or fi��le i��surar�ce palic�� a��d ta� histaries of�he
<br /> �'�-opet•ty �o �e c�z-ti1 ied to date, or p�•acul,c ��e�v a�s��•ac�s af�i�le �z- t�t�� itlsuranc� ar�d tax ��ista�•ies �n �ase narie
<br /> w�ez-e fu�-�7ishe:�d to it. ai�d prflcui-e tit�c repo�-ts cflve�-i�����7e P�•ope�rty, ���c�udil�� su�-�eys, T��e a��7o��nts paid fflr ar�y
<br /> s�ic�� pui-poses ���i 11 bc add�d to t��e Ir�debtec���ess and wi�1 bear �nte�-est a��}�e rate of i�7tet-�s� ot��erw�se acc��uin�on
<br /> t��e l��deb��d���ss ��»�il paid. In C��e �vent ot�farecltisul��, ���e abs�r-ac�s af tit�c o�� tit�e ii�surance stiali beco�r�e ��7e
<br /> p��ape��t}� �f L��7de��. 1111 abstracts of titie, title 1I15U1•anee, tax ��is�ories, survcys, c�T]d 4���Li� dOCU111�I��S �]�C�all�ll�� t�
<br /> th� Ind��iedlless wil� i�e���ain in L�r�de��'s�os�ession �ir��il t��e Inde��edness �s pa�d in fuli.
<br /> IN THE EVENT��=rrH� SALE�F THIS �'R�PERTY UND�R T�-�E I'R�CEDURE FE3R F�RECL�SURE C)F
<br /> A SE�llRITY IN���RUMENT BY ADVE�TISEMEI�IT,AS PRC�V�DED BY APPLICABLE L.�-I�V,�R �N THE
<br /> EVENT L�NDE� L�ER��SES iT5 RIG�-�'TS UNDE� T�-iE ASSIGNN�ENT OF LEA�ES AND RENTS, THE
<br /> L�NDER SHALL PR�Vi1JE �.LL STATUT�RILY RE��L]IRFD NC�T�CES C]F SAI�E .�ND N�T�CES ��'
<br /> 1C�D�CI�L HEAR�NGS BEF�RE L�NDER ��ERCIS�S AN1� �F ITS RIGHTS UNDER THIS
<br /> INSTRUMENT.
<br /> Upan �h� flccu�-�-ence ��a�� Evez�t af D�fault, Lende��r�nay, W��haUt I7Cl�1C�' l.lI7I�55 I-equired by la�, ar�d at i�s op�ion,
<br /> decla�-e�he entit-e I r�debtedness due a��d payab�e, as i����ay elect, re�.�a�-dIess of��1� date o��dates of�na��i�•it�t���reof
<br /> ai�d, if pe�-���itt�d t�y state law, is autht�ri��d and e�npflwe�-�d �o cause�h� n��opErty t�bE sold a� pu�l�c aL�ction, a��d
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