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<br /> such obli�a�ian; and �he cos� thereflf sha�l be added to �h� Indebt�dness and paid on L�nder's d�mand by
<br /> �rantar.
<br /> ASS�GNIVI�NT []F LEASE� AND RENTS. As add�tiona� security for the payment of the �ndebtedness and the
<br /> perfarma�ce of the c��enan�s cantained herein, Grantor hereby assi�ns and transfers o�er �a Lend�r aII rents,
<br /> income and profi�s ("Ren�s"} under any present or future leases, subleases or licenses af the Pr�perty, incluc[ing
<br /> any guaranties, ex�ensions, amendments or renewals thereof, from the use of the Proper�. So lon� as Grantnr is
<br /> not in default, Grantor may recei�e, collect and en�oy ali Rents accruin�from the Propert}�, but nat more than one
<br /> manrh in advance of the due date. Lender may also reauire Grantor, tenant and any o�her user of the Proper� to
<br /> make paymen�s of Rents dzrect�y to Lender. However,hy r�c�i�ing any such payments, Lender is not, and sha�l not
<br /> be considered, an agent for any party or ent�ty. An�amounts cai�ected may, at Lender's sole d�scre�ion,be app�ied
<br /> to prot�c� Lender's interes� in �he Proper�y, including hu� not li7mi�ed to the paymen� t�f �axes and insuran�e
<br /> premiums and �o the �ndeb�edness. A� L�nder's s�le discretion, al� leas�s, subleases and �icenses must f rs# be
<br /> appr�ved by Lender.
<br /> CC3NDEIVINAT�QN. Grantor shail �ive Lender natice of any ac�ion�aken or threaten�d t�be taken by pri�afi� Qr
<br /> publ�c ent��ies�o apprQpriate the Prnpert�or any par�thereaf,through�andemna�ion,em�nen�dan�ain ar a�ny fl�her
<br /> action. Fur�her, Lender sha�i be permi��ed�o par�icrpa�e or in��rverie in any af the abo�e describ�d prflceed�n�s in
<br /> any manner it shal� a� i�s sa�e d15C�'�tl�n determin�. Lender is hereby gi�en ful� power, r�ght and authorit�� ta
<br /> recei�e and receipt for any and atl damages a�ard�d as a resul�of th� fu1� or partiai tak�ng or approp�riation an� in
<br /> its sole discretion, t� apply said awards to the Indeb�edness, v�heth�r�r not then due or �therwise in accordance
<br /> with applicable law. Unless Lender othe�-wise agrees �n writin�, any app�icat�an of praceeds ta the �ndebtedness
<br /> shall r�of ex�end or postpone the du� da�e of fhe paym�n�s due under the Indebtedness or chanbe the amoun� of
<br /> such payments.
<br /> GRANT�R'S ASSi7RAN�ES. At any �ime, upon a reques� of Lender, GrantQr wi�l exeCu�e and de�iWe�- to
<br /> Lender, and if appropria�e, cause �� b� r�corded, such fur�her m�r�ga�es, �ssi�n�nen�s, assignmen�s af Iease� �nd
<br /> ren�s, s�cur��y agreemen�s, pled�es, f nan�in� s�atements, �r such o�her dact�ment as L�nder may require, in
<br /> Lender's sa�e dis�re��on,t� effectuate, complete and to perfec�as wel� as�o�on��nu��o preserve the �ndebt�dness,
<br /> or�he lien or securi�y interes�crea�ed by this Security Ir�s�rurr�ent.
<br /> ATT�RNEY-IN-FAC'T. Grant�r appvin�s Lender as att�rney�in�fac� on beha�f of Grant�r. If Grantor fail� �o
<br /> fulfi�l any of �ranto�'s obli�a�i�ns under �his Securi�y Ins�rument or any Rela�ed D�cumen�s, �nc�udi.nb thos�
<br /> abli�ations m.entiflned in the precedinb paragraph, Lender as a�torn�y--in-fa�� may fu�f�I the ob�igations �ith�ut
<br /> notice t��rantor.This power af attorney sha�l no�be affec�ed by the disabil�ty of the�rantar.
<br /> EVENTS 4F DEFAULT. The followin� �vents shall con�ti�ute default under �his S�curi�y �nstrument �eac� an
<br /> "Event nf Defau��"�:
<br /> �a� Fai�u�-e to make required payments�vhen due und�r�ndeb��dness;
<br /> �b} Failure ta perform or keep any of�he co�enants of this Security Ins�rument or a default under an� of
<br /> �he Related Documents;
<br /> �c} The making �f any orai or wri�t�n statement or asser�ion �� Lender �ha� is false or mislead�ng �n any
<br /> ma�eriai respect by Gra�tor ar any person obli�a�ed on the �nd�btedness;
<br /> �d} The d�a�h, disso�ution, insaiven�y, bankrup�cy or recei��rship praceed�na�f Gran��r or of any persan
<br /> ar en��ty obiiaated on the Indebtedness;
<br /> �e} An�assignment by Grantox for the benef t of Gran�or's credi�ors;
<br /> (� A ma��rial advers� �hange occurs in the financial condition, ownersh�p or management of Granto�~ or
<br /> any person abligated on the �ndebtedness;or
<br /> ��} Lender deems itself insecure for any reason�hatso��er.
<br /> �
<br /> REMED�ES �N DEFA►ULT. Upon th� occurrenc� of an ���nt af Defau�t, Lender may, withau� d�manci ar
<br /> na�ice, pay any or a�I�axes, assessments, premiums, and Iiens r�qu�r�d t� be�aid by Gran�or, �ff��t any insurance
<br /> provided fnr herein, make such�-epa�rs, cause the abstracts �f title or t��le insurance palicy and tax his�ories of the
<br /> Praper�y t� be cer�if ed �o date, ar procure ne� abstrac�s of�i�1e or tit�e insurance and tax his�ari�� in case n�ne
<br /> vv�re furnished t� it, and pracure ti�le r�por�s co�ering�he Property, �nclud�n�sur�e�s. Th� am�unts paid for�ny
<br /> such purp�ses will be added to�h� �ndebtedness and w�ll bear in�erest at the ra�e of�nt�res�otherwise accruin�on
<br /> the Indebtedn�ss unt�l paid. In �he e��n� of farecIosure, �he abs�rac�s of ti�le or ti�Ie insurance shal� becom� �he
<br /> proper�y of Lend�r. A�l abstra�ts of titte, ���Ie insurance, �ax histaries, surveys, and other d�cuments per�ainin�;to
<br /> the Indeb�edness wi��remain�n Lender's passession until the �ndebtedness is paid in ful�.
<br /> iN THE EVENT�F THE SALE�F TH�S PR�PERTY UNDER THE PR�CEDURE FUR F�R�CL�SURE�F
<br /> A SE�URITY INSTRUMENT BY ADVERTISEMENT,AS PR�VIDED BY APPLI�ABLE LA'�Lr, aR �N THE
<br /> EVENT LENDER �.;�ER�ISES ITS RIGHTS L]NDER THE A55IGNMENT �F LEASES AN� RENTS, THE
<br /> LENDER SHALL PR�VIDE ALL STATUT�RILY RE�UZRED N�TI�ES �F SALE AND N�T�CE� �F
<br /> JUI3ICIAL HEAR�NCS BEF�RE LENDER E��R��SES ANY �F ITS R���TS UNDER T]:�IS
<br /> INSTRUMENT.
<br /> Upon�he occurrence �f an Ever�t of Default, Lender may, v�i�hout notice unless required by lavrr, and at�ts op��.�n,
<br /> declare the en�ire �ndeb�edness due and payable, as i�may elec�, re�ardless of�he da�e�r dates of ma�ur�ty�here�f
<br /> and, if permit�ed by stat� law, is autharized and empov�ered��cause the Prop�r�y to be sold at pub�ic auction, and
<br /> �o exe�u�e and deli�er�a the purchaser or pur�has�rs at such sa�e any d�eds of conveya�ce baad and suff cien�at
<br /> law, pursuan��o fihe sta�ut� in such ease made and pro�ided. Th�Trustee shall apply the prt�ceeds af�he Trust�e's
<br /> sa�e, f rs�, ta �he costs and expenses �f exercisin�the p�wer of sale a�d of the sa�e, includzng �he paym�n�af the
<br /> T�us�ee's f�es actually incurred; secand, to pa�ment of�he �bliaation secured by the trus� d�ed; ��.ird, to �he
<br /> c�?004-2�15 Camplianc�Systems,�r�c.b8F9-CD3D-2�]5.]I.s.l OZ5
<br /> Commercia�Re�€Estate Security lr�strurn�nt-D1.40a7 Pa�e 3 of'S www.compliancesysterr�s.com
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