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<br /> � Beneficiary shall have no liabilit Co Grantor for an intereat on
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<br /> auch depoaits. All smounta paic� And c�ep�AitPd her.etander Are herehy
<br /> assigned to Eeneficiary as additional security for the indebtedneae
<br /> and obligations secured hereby. In the event of any default of
<br /> Grantor or breach by Grantor of any term, provision, or condition
<br /> hereof, Beneficiary may, at its option, apply all or any portion of
<br /> such depos3ta to the cure or partial cure of any such default or
<br /> breach without waiver of or pre�udice to the rights of Beneficiary
<br /> arising �iy virtue of suah default or breach, or to the payment of
<br /> principal and interest upon �he indebtednesa secured hereby, in lieu
<br /> � of applying su�h deposit for any other purpoaea here�n provided.
<br /> 6. Condemnation. Immediately upon obtaining knowledge of the
<br /> institut on o any proceedings for the condemnation of the Property
<br /> or any portion thereof, or any other proceedings aris3ng out of
<br /> inj ury or damage to the Property, or any portion thereof, Grantor
<br /> will notify Seneficiary of the pendency of such proceedinga and the
<br /> time and place of all meetings, hearings, trials or other
<br /> proceedings relating thereto. Beneficisry may participate in any
<br /> such proceedings, and Grantor shall from time to time deliver to
<br /> � Beneficiary all instruments required by it to permit such
<br /> participation. Grantor shall, at its expense, diligently prosecute
<br /> any such proceedings, and shall conault with Beneficiary, its
<br /> attorneys and expert� , and cadperate with them in the carrying on ;
<br /> the defenae of any auch proceedings. All proceeda of. condemnation �
<br /> awards or proceeda of sale in lieu of condemnation with respect to . �
<br /> the Property and all j udgments, decrees and awards for in�ury or '
<br /> �_ dama�e to the Property shall be naid to Beneficiarv and RhAll hP �
<br /> � applied, first, to reimburse Beneficiary or Trustee, as appropriate, ���"`���
<br /> for all costs and expensea, including, to the extent permitted by . -
<br /> law, reasonable attorneys' fees , incurred in connection with -
<br /> - collection of such proceeds and, second, the remainder of said - --=:
<br /> proceeds shall be applied in the same manner as provided in Section . . :,�
<br /> 3 for insurance proceeds, unless the condemnation, injury vr damage � �
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<br /> has so materially affected the real property as to make the Property ��
<br /> no longer suitable for its intended use, in which case the remainder i
<br /> of the proceeds shall be applied to the repayment of the secured
<br /> i.ndebtedness (without premium or penalty) in the order determined by 3
<br /> Beneficiary in its sole discretion. Grantor hereby assigns and ; ��
<br /> transfers a11 such proceeds, �udgments, decrees and awards to � �
<br /> Beneficiary and agrees to execute such further assignments of all '`-�` :
<br /> such proceeds, �udgments, decrees and awards as Beneficiary ma
<br /> request. Beneficiary is hereby authorized in the name of Grantor, ;:j`.��
<br /> , to execute and deliver valid acquittances for, and to appeal from �
<br /> any such �udgment, decree or award. Beneficiary shall nat be, in �
<br /> any event or circumstance, liable or responsible for failure to
<br /> collect, or exercise diligence in the collection of, any such
<br /> proeeeds, judgments, decrees or awards.
<br /> _ 7.1 �As�si�n�m�ent of Rents and Profits. As further security for
<br /> the payment o�aL'1�rideT�tedness secure ereby, all rents and
<br /> profits of the Prop�rty and the entire right, title and interest of
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