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<br /> su�h flbligat�on; and the c�st �hereof shall be added �o the �ndebtedness and paid on Lender's demand by
<br /> Grantor.
<br /> ASSIG-NMEN'��F LEASES AND RENTS. As add��ional secur��y f�r the paymen�of the�ndeb�edness and�he
<br /> performance of the covenan�s conta�n�d here�n, �rantor hereby ass�gns and �ransfers over to Lender a1I rents,
<br /> income and prof�s �"R�nts"} under any present or future leases, sub�eases ar izcenses of the Property, �ncluding
<br /> any guaranties, extensians, amendments �r renewals �hereaf, from the use of�h� Praper�y. So long as Gran�or i�
<br /> not�n default, Grantor may r�ceive, callec�and enj oy a��Rents a�cruing from�he Praper�y,but not more than one
<br /> month in advance af�he due date. Lender may also require �rantar, �enant and any o�her user of�he Proper�y�o
<br /> make paymen�s af Rent�directly to Lender.H�vv�ver,by receiving any such paymen�s,Lender is no�,and shall not
<br /> be cansidered, an agen�for any party or entz�y. Any amounts collected may, a�Lender's sole discr��ion,be app�ied
<br /> �o prfltect Lender's interest in the Prtiperty, �ncluding but not Iimited �o the payment of taxes and �nsuranc�
<br /> premiums and to �h� rndeb�edn�ss. A� Lender's s��e discre�ion, a11 leases, subleases and licenses must first be
<br /> approved by Lender.
<br /> ��NDEIl�INATI�N.�ran�or sha�l give Lender notice of any ac��fln�ak�n or threa�ened to he�aken by przva�e or
<br /> public enti��es t�appr�pria�e the Pr�per�ty�r any par��her�of,�hrou�h cflndemnation,eminent domazn�r any other
<br /> ac�ion. Fur�her, Lend�r shall be permzt�ed to par�icipa�e or intervene in any�f the above described praceedzngs in
<br /> any manner zt sha11 at its so�e discretion de��rmine. Lender �s hereby given fix11 pavver, righ� and auth�ri�y �o
<br /> receive and receip�for any a�.d all damages awarded as a resu��of�he fu11 or partial�ak�ng ar appropriation and in
<br /> i�s sole discr�ti�n, to app�y sa�d awards to the �ndebtedn�ss, �xrhether�r not then du� or o�h�rwise �n accordance
<br /> �vith applicab�e Iavv. Unless Lender otherwise agrees in writ�ng, any appl�catian of prac�eds t� the Indeb�edness
<br /> sha1l not ex�tend or p�s�tpflne �he due date of the paymen�s due under �he �ndeb�edness or ehange �he amaun� af
<br /> such payments.
<br /> G�tA�T4I�.'S ASSURAN�ES. A� any t�me, upon a request af Lender, Grantor �vili execute and de��ver tn
<br /> Lender, and if appropriate, cause to be rec�rded, such further mor�gages, ass�gnments, ass�gnmen�s of��ases and
<br /> rents, security agreements, p�edges, finan�xng s�atements, or such o�her docum�nt as Lender may requxre, in
<br /> Lender's sa��d�scret�an, �o effec�uate, complete and�o perf�ct as well as�a continue to preserve�he�ndebtedness,
<br /> ar�he��en or secur��y in�eres�created by this Securzty�nstrumen�.
<br /> .A►.TT�l�NEY-IN-�'A��. Grantar app��n�s Lender as a�torney-in--fact �n beha�f af Grantar. Xf Grantor fai�s to
<br /> fu1��1 any af Gran�or's obligat�ans under this Security Instrumen� or any Rela�ed D�cuments, �ncluding �hase
<br /> obligatxons mentianed in the preced�ng paragraph, Lender as a��orney-zn--fac� may fulf�ll �he t�b�igations v���hou�
<br /> n��ice�o Gran��r.This power af at�arney sha��not be affec�ed by the dzsa�il�ty of the Grantor.
<br /> E�ENTS �F DEFALTI.�T. The followin.g �vents sha�l cons�itute defaul�under �his Se�ur�ty �ns�rument �each an
<br /> �'�ven�of Default"}:
<br /> �a} Failure to make required payments vvhen due under Indebtedness;
<br /> �b� Failure �o perform ar keep any of�he covenan�s of th�s Security �nstrumen� or a defau��under any of
<br /> �he Re�a�ed Documen�s;
<br /> �c} The makxng of any ora� or writ�en S�a�ement or asserti�n to Lender tha� �s fa�se or misleadzng in any
<br /> materia�respect by Grantor or any person�bliga��d on�he�n�ieb�edness;
<br /> �d� The death, disso�u�xon, inso�vency,bankruptcy or rece�vership praceeding af Grar�tor or of any person
<br /> or en�i�y obligated on�he�ndebtedness;
<br /> �e� Any assignment by�ran�or for the bene��of�ran��r's credi�ors;
<br /> �f} A material adverse change occurs in�he f nancia� condi��on, a�vvnership or management af Grant�r or
<br /> any person obiigated on�he�ndeb�edness;ar
<br /> �g} Lend�r deems i�se�f insecure for any reas�n wha�s�ever.
<br /> REM�DIES �N �]EFAZJLT. Upon �he occurrence of an Even� of Default, Lender may, u���hout demand ar
<br /> not�ce,pay any or ali�a�.es, asses�ments,prem�ums, and�iens required�a be pa�d by Grant�r, effec�any�nsurance
<br /> provided for herein, make such repa�rs, cause�he abs�rac�s of title or title �nsurance pal�cy a�d�a�h�stories of�he
<br /> Property to be cer��f ed to date, or procure nevv abs�ra�ts �f�i�le or���1e �nsurance and tax hzstor�es �n case none
<br /> v�r�re furn�shed�o �t, and pracure ti�le repor�s cover�ng �he Proper�y, including surveys. The amounts pa�d for any
<br /> such purpases v�i�l be added to�he�ndebtedness and will bear�nteres�a��he rate of in�erest o�herwise accruing an
<br /> the �ndeb�edness unti� paid. �n �he even� af fareclasure, �he abstracts of��t1e or title insurance shall become �he
<br /> properky af Lender. A1� abstract� of titie, titie insuranc�, tax hzstori�s, sur�eys, and other documen�s perta�n�ng to
<br /> �he Indeb�edness tivi�l remain�n Lender's p�s�ession un�i�the�ndebtedness is paid in fu��.
<br /> �N THE EVENT�F THE SALE�F THIS PR�PERTY UNDER.THE PR�CEDZ.TRE F�R F�RECL�SURE�F
<br /> A SE�UR�TY�NSTRUMENT BY ADVERT�SEMENT,AS PRQVIDED BY APPLICABLE LAW, �R I�THE
<br /> EV�NT LENDER E�ERC�SES rTS R�GHTS UNDER THE ASS��NMENT �F LEAS�S AND RENTS, THE
<br /> LENDER SHALL PRDV�DE ALL STATUT�R�LY REQU�RED N�TI��� �F SALE AND N�T�CES �F
<br /> JLTD�CIAL HEARIN�S BEF�RE LE�DER EXERC�SES ANY UF �TS RIGHTS UNDER THIS
<br /> INSTRUMENT.
<br /> Upon�he occurrenc�of an Even�of Defaul�, Lender may, wi�hout notice un�ess required by Iaw, and a�i�s�p��on,
<br /> declare�he�ntire�ndebtedness due and payab�e,as��may elect,regardless�f�he date or da��s of maturi�y�hereof
<br /> and, if permi�ted by s�a�e lavv, �s auth�rized and empawered�o cause th�Proper�y to be s�Id at public auc��on, and
<br /> tfl execu�e and de��ver�o �he purchaser or pur�hasers at such sa�e any deeds of cflnveyance go�d and suff cient a�
<br /> �avv,pursuant to the�tatu�e in such case made and provided. The Trustee sha�l app�y the proceeds of�he Trustee's
<br /> sale, f�rs�, to �he costs and expenses of exercising �he pawer of sale and flf the sale, �ncluding �he paymen�of the
<br /> Trus�ee`s fees actually �ncurred; secand, to payment �f �he nbligation secured by �he �rus� deed; third, to the
<br /> C��?���-2U f�Campliance Systems.Inc.b4$B-i B$�-2�1�.1?.3.I.10�9
<br /> Corrunercial Real Estate Security Instruri��nt-DL4007 Pa�e�of 5 �r��vw.�o�npliancesystc�ns.�om
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