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<br /> su�h ablibation; and t�e cos� thereof shall be added to th� �ndeb�edness and paid on L�nder's den�and by
<br /> �ran�or.
<br /> ASSI�NM�NT �F L�ASES AND RENTS. As addi�i�na� security fQr the payment�f the Indebtedness and the
<br /> perfarmanc� of�he covenan�s cantained here�n, Grantor h�reby assigns and �ransf�rs o�er �o Lender aIl ren�s,
<br /> �ncome and prof�ts �"Rents"} under any pres�n� �r fu�ure I�ases, subleases or �icenses af the Pr�p�rty, �ncludin�
<br /> any guaran�ies, ex�ensions, amendm�n�s or renevva�s �hereof, frorn the use of��e Prop�rry. So lona as Grantor �s
<br /> n�� �n default, Gran�or may receive, �o�Ie�t and enjoy aI� Ren�s accru�nb fram t�e Property, but not more than one
<br /> mon�h in ad�ance �f�he due dat�. Lend�r may alsa requir� Grantor, t�nant and any other user of the Proper�y �o
<br /> make payments�f Rents directiy to Lender. Howe�er,by r��ei�ing any such payments,Lend�r is nafi, and shall nat
<br /> be considered, ai7 3�en�f�I'�ny p�I�y QI'�:17�1�. Any amounts col�ect�d nnay, at Lender's sole discretion, be apptied
<br /> to protec� Lend�r's in�er�s� in �he Property, includinb bu� nat �imited t� �he payment of taxes and insurance
<br /> premiums and ta �he Indeb�edness. At Lender's sale discre�ion, aIl leases, subleases and Iicen�es must firs� be
<br /> approved by Lender.
<br /> C�NDEMNATY�N. Grantor shall �i�e Lender natice�f any action �aken or thr�aten�d to be taker� hy prx�ate or-
<br /> puhIi�en�ities to appropriate�he Property or any par��hereof,�hrnu�;h�ondemnatian, �minen�d�main a�any other
<br /> ac�ion. Further, Lender shall be permitted�o par�icipate or in�er�ene in any of the ab��� described proceedin�s in
<br /> any manner it shall at its sole discretion de��rmine. L�nder is hereby gi�en ful� po�v�r, ribht and au�hority to
<br /> recei�e and receYpt for any and all damabes awarded as a resui�af the fu�l or par�ial takin�or appropriation and in
<br /> �ts sole discretion, �o apply said awards to the �n�ebtedness, whether or n���hen due �r otherwise in accordance
<br /> with app�icab�e lavv. Unless Lender oth�rvrrise a�rees xn �vritinb, any applzcat�on of pr4ceeds to the rndeb�edness
<br /> shall not extend or postpone th� due da�e ���he paym�ents due under �h� �nde�tedness �r change �he amoun� of
<br /> such payrnents.
<br /> GRA,NT�R'� ASSURA�I�ES. At an�y time, upon a request af L�nder, �'rrantor wi�I e�ecute and deti�er to
<br /> Lender, and if appropr�a�e, cause to be recorded, such fur�h�r mar�ga�es, assianments, assignments of I�ases and
<br /> ren�s, secur�t}� agreernents, pledbes, fnanc�n� s�atemen�s, or such ��her dacurnen� as Lender �ay require, �n
<br /> L�nder's so�e dis�r��ion,to effe��uate, complete and�o perfect as we�� as t�con��nue to preserve�he �nd�btednes�,
<br /> or the �ien or security in�eres�cr�a�ed by�his Securi�y Ins�rumen�.
<br /> ATT�RNEY-IN�-FACT. �rantar appo�n�s Lend�r as attarn�y-in-fact fln b�ha�f of Grantor. If Grant�r fails to
<br /> fulf�� any of Grantar's abligations und�r this Secur��y �nstrument �r any Rela�ed Documen�s, includin� thase
<br /> obl��a�ions m�n�ioned in the preced��.b para�raph, L�nder as attorney-in�fac� may fu�fil� the obiigations withou�
<br /> no�ice ta�ranfior. This pa�ver of a�torn�y shal�nat be affected by�he disabili�y of the Grantor.
<br /> EVENTS QF DEFAULT. The fol�ovvinb ev�n�s sha�l cons�itute defaul� under�his Security Instrument ��ach an
<br /> "��ent�f D�fault"}:
<br /> (a} Failure to make re�uired payments when due under Indebt�dness;
<br /> �b} Failure �o perform ar keep any of�he cn�enants of this Security �nstrument or a default under an� of
<br /> the R�lated Documents;
<br /> (c} The makin� af any ora� or vvri�ten stat�men� or asser�ion �� Lender that is fa�se or misleading in any
<br /> materiai respeet�y Grantor or any person obligated on the�ndebtedness;
<br /> �d} The d�a�h, dissoluti�n, insal�ency, bankrup�cy or recei��rship praceeding af Grantor or of any persan
<br /> or en�ity ob�iba�ed on the Indeb�edn�ss;
<br /> �e} Any assi�nment by Gran�or for�he benefit of�ran�ar's cred���rs;
<br /> ��} A material adverse chan�e oc�urs in the financial candit�on, awnership or mana��ment of Grantar or
<br /> any person obli�ated on the Indebtedness;or
<br /> �g� Lend�r d�ems itself i.nsecure f�r any reas�n whats�e�er.
<br /> REMED�ES QN DEFAUL'T. tJpnn the accurren�e 4f�n E�ent of Defaul�, Lend�r may, without d�rnand or
<br /> not�ce, pay any or all taxes, assessments, premiums, and li�ns required to�e paid by Grantar, effect any insurance
<br /> prQvided far herein, make suc�repairs, cau�e th� abs�racts of���Ie �r ti�le insurance policy and tax histaries of th�
<br /> Praper�y to be �er�if�ed ta dat�, or pracure �ew abstracts �f t�fiie ar ti�le insuran�e and tax histories in case none
<br /> were furnish�d�o �t, and pr�cure �itle repor�s coverin��he Property, �nc�ud�ng s�.r�eys, The am�unts paid f�r any
<br /> su�h purposes w��i be added t�the �nd�b�edness and�vill bear in�eres�at�he rate of in�erest other�ise accruing�n
<br /> �he Indeb�edness un�il paid. In the ev�nt af farec�asure, the abs�racts af�itle ar tit�e insurance shail become the
<br /> pr�perfiy of Lend�r. A�l abstrac�s af�it��, �i�Ie �nsuranc�, �ax hxs�or��s, sur�eys, and other dacuments per�aining to
<br /> the �ndebtedness will rema�n i.n Lender's possession until�he �ndebtedness is paY��n ful�.
<br /> IN THE EVENT�F THE SALE�F T��S PR�PERTY t]NDER T�E PR�CEDUR.�F�R F�RECL4S[JRE�F
<br /> A S��UR�TY INSTRUMENT BY AD�ERTISEMENT,AS PR��IIDED BY APPLICABLE LAW, 4R�N T�E
<br /> EVENT LENDER E�ER�ISES �TS R�G�TS UNDER THE AS��GNMENT �F LEA5�5 AND RENTS, T�E
<br /> L�NDER SHA.LL PR�VIDE ALL STATUT�R�LY R.E�U�RED N�T`��ES �F SALE AND N�TICES �F
<br /> JUDIC�AL HEARINGS BEF�RE L�NDER E�ER��SES ANY QF ITS RI�HTS UNI�ER THIS
<br /> IN�TRUMENT.
<br /> Up�n the accurrence �f an E�ent of Defau��, Lend�r may, �vi�h�ut notic� unless required by law, and a� i�s op�ian,
<br /> de�Iare the entire Indeb�edness due and payable, as �t ma�e�ect,r�bardless�f the date�r da�es of ma�urity thereaf
<br /> and, if permit�ed by state law, is au�h�rized and empowered to�aus�the Praperty�o be sold at pub�ic auction, and
<br /> ta execute and del��er to the purchaser ar purchasers at su�h sa�e any deeds af con�eyance good and suff c�ent at
<br /> law, pursuan�to the sta�ute in such case made and pro�ided. The Trust�e shal� apply th� proc�eds of the Trustee's
<br /> sa�e, first, to the costs and expenses of exercisinb �he pawer of sale and of the sa�e, including the paymen� of�he
<br /> Trustee`s fees ac�ually incurred; second, to paym�n� �f the ob���a�ion se�ured by th� trust deed; third, �o the
<br /> �2�d4-2D]S Com�lian�c Systcsns,[nc.dSF'9-?l 5t'-2a I 5 3 1.3.I�?S
<br /> Co�nniercial E�eaf Estate Se��rity lnstnin�ent-❑�.40�7 Pa�e 3 vf5 tir�ww.cotnpliancesystems,com
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