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<br /> fur�her a�rees �� permi� Lender �o �erify accounts as we�l as to inspec�, copy and �o exam�ne �he books,
<br /> re�ards and files of�ranfi�r.
<br /> Lender's Right�o �nter. Lender or Lender's agents s�a�l ha��the ri�ht ar�d access to inspect th�Prope�-ty at
<br /> a�I reasonable times �n �rder to a�tend �o Lender's interests and ensure compliance with the terms of this
<br /> Securi�}� Ir�strumen�. rf�he Pr�perty, or any part thereof, sha�l re�uire inspec�ion, repair or maintenan�e
<br /> tivhich �ran�or has fai�ed�o pro�ide, Lender, after r�as�na�le no�ice, may ent�r upan �he Property ta eff�ct
<br /> such ob�i�ation; and the cost �hereof shal� be added �o the �ndebt�dness and paid on Lender's demand by
<br /> Grantor.
<br /> ASS��NMENT �F LEASES AND R��TS. As addxtional security for the payment of the �ndebtedness and the
<br /> perfarmanc� of the co�enants contained her��r�, Grant�r hereb� assigns and transf�rs �ver to L�nder a11 rents,
<br /> incame and praf�s �"Ren�s"} under any presen� �r fu�ur� leases, subleases ar 1 icens�s �f the Property, includ�ng
<br /> any �uaranties, extensions, amendment5 or renewals thereaf, from �he use nf th� Property. So long as �rantor is
<br /> not in d�fault, Gran�or may recei�e, collect and e�.j�y aIl Rents accruin�fram the Pr�perfiy, b�t not more than one
<br /> month in ad�ance of the due date. Lend�r may aiso require Grantor, tenan� and any a�her user of the Properry to
<br /> make payments af Rents direct�y�o Lender. H�wever,by reGe���na any such payments, Lender is t�ot,and sha�l nat
<br /> be considered, an agent for any party or en�ity. Any amounts coilec�ed may, at Lender`s sole�iscre�ion, be app�i�d
<br /> �o prat�ct L�nder's interest in the Praper�y, ir�ciudinb bu� no� �imited to the payment �f taxes and insurance
<br /> premiums and �� �he Indeb�edness. At Lender's sale discret�on, a1i �eases, sub�eases and licenses must firs� be
<br /> appraved by Lender.
<br /> C�NDEMNATI�N. Grar�tor s�atl gi�� Lender notice �f any actian fiaken�r threa�ened to be taken by prz�at� Qr
<br /> public en��ties�o appropria�e�he Property�r any par�ther�of,�hrough condemnati�n, �minent damain�r an�other
<br /> aGtion. Fur�her, L�nder shall be permitted�o par�ic�pate �r intervene in any of the abo�e described �roceed�ngs in
<br /> any manner it shall a� its �ole discretian det�rmine. Lender is hereby gi�en fu�� p�r�v�r, ri�h� and autharity �a
<br /> receive and receip�for any and al� damabes avvarded as a result of th�fuli �r pa��ia�takinb or apprapria�ian and �n
<br /> its sale discret�an, t� app�y sa�d awards to the Indeb�edness, vvhe�her or n�t �hen du� or otherwise in accordance
<br /> wit� app�i�able Iau�. Unless Lend��- ather��s� agrees in writing, any applicatio� af proce�ds to �he Indebt�dness
<br /> shal� not extend nr p�stp�rie the due da�e of the paymen�s due under the Indebtedness �r chanae �he amoun� af
<br /> such pay�nen�s.
<br /> GRA�TC]R'S ASSURAIv��S. At any ti�me, upon a request of L�nder, Grantor �ill exe�ute and deli�er to
<br /> Lend�r, and if appr�priate, cause to be recarded, su�h further martgages, assrgnm�n�s, assignments af��ases and
<br /> rents, securi�� a�reements, p�edges, f nancing s�a��me��s, or such o�her do�ument as Lender may requir�, in
<br /> L�nder's sole dis�retion, to eff�c�ua�e, comple�e and ta perfect as well as to con�:inue to preser�e�he Indeb�edness,
<br /> or�he 1 ien ar security in�erest created by�h�s Security Ins�rumen�.
<br /> ATT[)RNEY-�N-FA�T. Grantor appoints L�nder as at�orney-in-fact �n behaif of Grantor. If Grantor fails to
<br /> fulf�1 any af Gran�or's abt�gations under this Security �nstrumen� or any Related D�cum�nts, includin� those
<br /> obliga�ions ment��ned in the preced���g para�raph, Lender as at�orney-in-fac� may fulf lI the obligations without
<br /> no�ice ta Gran�ar. This povwer af attarney sha�l nat be affected by the d�sabili�y of the Grantor.
<br /> EVENTS �F DEFAULT. The follovvin� e�en�s sha�l c�ns�itute default under this 5ecurity Instrument (each an
<br /> "Event of Default"�:
<br /> (a� Faiiure to make required paymen�s when due under�nd�btedness;
<br /> (b} Faiiure tn perform ar keep ar�y �f�he �o�enan�s af this Security Instrument ar a default under any of
<br /> the Rela�ed Documents;
<br /> �c} The makin� of any �ra� or writ��n s�aten�ent or asser�ian to Lender that is false or misleading in any
<br /> ma�er�al r�sp�et by Grantor�r any pe�-snn ob�iga�ed on t�e Indebtedn�ss;
<br /> �d� The death, dissolut�an, insolW�ncy, bankrup�cy �r rece��ership pr�ceedin��f Grar�t�r or of any person
<br /> �r entity�b�iaa�ed on�he �ndebtedness;
<br /> �e} Any ass�gnm�nt by Grant�r for the ben�f�of Crantor's creditors;
<br /> �� A rnateria� advers� �hange occurs in �he f nancial conditi�n, otivnership or mana�emen� of Gran�or ar
<br /> any person obi�gated on the��debtedness;�r
<br /> �g� Lend�r deerns�tself insecure f�r any reas�n�vhats�e�er.
<br /> R�N�ED�ES �N DEFAULT. Upon the accurrence of an E��nt af Default, Lend�r may, v�ithout demand ar
<br /> notic�, pay any or al� �axes, assessments,p�r�miums, and �iens requ�red to be paxd by Grantor, effe�t any insuran�e
<br /> pro�ided for herein, make such re�a�rs, cause �h� abs�racts of�i�ie or tz�Ie �nsurance po�icy an�d tax histor�es of the
<br /> Property ta be Ger�ified to da��, or procur� new abs�racts af t��le or�itie insurance and �ax histories in �ase none
<br /> were furnished to it, and procure title re�ar�s coverin�the Proper�y, including sur�eys. The amaun�s paid far any
<br /> such purpnses vrri�I b� added�a�he �ndeb�edn�s� and wil� b�ar in�erest a��he rat��f int�rest o�herw�se accruing on
<br /> �he �ndeb�edness unti� paid. In the e�ent af foreciosure, the abstracts af tit�e or title insurance shall became �he
<br /> property of Lender. A1� abstracts of ti�ie, t��le insurance, �ax his�ories, surveys, and ��her documents p�r�aining to
<br /> the Indebtedness wil�remain �n Lender's possession unt��the �ndebtedn�ss is paid in fulI.
<br /> IN THE EVENT�F THE SALE�F TH�S PR�P�RTY UNDER.THE PR��E�3URE F�R F�RECL�SURE�F
<br /> A SE�UR�TY XNSTRCJMENT BY ADVERTIS�MENT,A5 PR�VIDED BY APPLI�ABLE LAW, aR IN THE
<br /> EVENT LENDER EXERCISES ITS RYGHTS UNDER THE ASSIGNMENT DF LEASES AND RENTS, THE
<br /> LENDER SHALL PR�VZI]E ALL STATUT�R.ILY R.��U�RED N�TICES �]F SALE AND N�T�CES �F
<br /> JL�D�C�AL HEARINGS BEF�RE LENDER E�ERCISES ANY �F IT5 R�GHTS UNDER TH�S
<br /> �NSTRUMENT.
<br /> �?004-2U 15 Cc�mp[iance 5ystems,Inc.(�8F9-Ub03-?015.13.3.1 D25
<br /> Commercial Rea!Estate Security[nstriirr�ent-DL4UOT Pa�e 3 of 5 w����v.compliancesyster�ys.com
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