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2� 17�2233 <br /> Se�ti��n�.� Examinat�an of �3aoks and R�c�rd�. :�t �easonab�e t�mes and <br /> upan r�asona�l� not��e, Lend�r, its �.ger�ts, acco�ntant� and att�rn�ys shall have the rig�it ta <br /> e�.amir�e the rec�rds, books, managemen� an� oth�r papers of Indiv�dua� Borro�v�r which r�f��ct <br /> upan their finar���al �ond�tiar�, at th� Prop�rty ar at any affi�� re�u�arl�ma�r�ta��e� �� Indiv�c�L�al <br /> Borrovver�vher�the bool�s ar�d����rds are located. Lender and its ag�nts �ha�l have th� ��ght ta <br /> ma1�e capies a.r�d e�tracts from the f�reg��ng re�ards an�i ath�r�ap�rs. Ir� a��it��n, at reas�na�ale <br /> times and u�on reas�nabl� ��tice, Lenc�e�, �ts agents, �.ccount�.nts and attorney� shal� ha�� the � <br /> right ta e�amine and aud�t the baa��� and rec�r�� �f Ind��idual B�rrow�r p�rta�n�ng ta the <br /> �ncam�, e�pens�s and operatiar�of th�Prope�ty dur�n�reasona�l��usin�ss haurs at ar��r office of <br /> Ind�vidual Borro�er �her� the bo�l�s and �ecards are 1�cated. This Secti�n 7.� sha�l a�ply <br /> thr�ugh�ut th� term of th�Nate and v�ith�ut r�gard to �vhether an Event of I�efault�as �ccurr�d <br /> �r is continuing; pr�vi�ed, h�v�ever, that Borrower shall hav� na �b��gat�an t� pay ar�y fees or <br /> exper�ses ir��urred la� Lender an accaunt �f th� e��rcise of its ��ghts under this �ectian 7.� m�r� <br /> than�n�txme in an��ear s� l�r�g a�no Ever�t ofI�efault has accurred and is cont�nuing. <br /> Sectian 'l,7 �]th�r Ri hts et�. �a� The �xercise �y Lender of the �pti�n <br /> granted �t �n Se�tian 7.1�h� of this Se�uri�� Ir�st�ument and the c�llection �f th� Rents ar�d �ums <br /> due u�der th.e Leas� �uaranties and the ap�l��ation the�eaf as hereir� prav�d�d shali not be <br /> �ons��ered a vvaiver af ar�y d�fau�t b�Borra�w�r unc�er the Nat�, th�I�oan Agreement,the Leases, <br /> this Securit�Instrum�nt or the �th�r L�an I�acu��n�nts. The failure �f Ler�der to ins�st t��on strict <br /> p�rfarmance of any t�rm he�eaf shall n�t be de�med t� b� a �vaiver of ar�y term of this �ecur�t� <br /> Instrum�nt. Ind�vidual �arrow�r �ha1� not be re�ieved of In�i�vtdua.� �arr�v�er's �bligati��s <br /> h�r�ur�der �y reaso�. of ��) the fa��ure �f Len�er to ��m�ly w�th an�r r�quest af I�div�du�.1 <br /> �orro�er or any guarantor or i�dernnitor�vv�th respe�t to the Loan to ta��e an� ac�ion t� for�c�os� <br /> �his �ecur�t� Iristrument ar otherwise enforce any af the prov�s�ons hereof or �f the Note ar th�- <br /> other Loan D�cum�n�s, �ii} the release, rega.rdless of car�s�d�ration, of th� whale ar ar�y part of <br /> the Property, ��cept �ith r�sp�ct to tha� partian �f th� Propert� s� releasedy or of any pers�r� <br /> 1�able for the D�b� or a�y portian t�ereof�other than Indiv�dua� Borr��rer� ar �i��} exc�pt for an� <br /> agreemer�t or stipulat�on ta �h�ch Indivi�ual Borr�v�er �s a pa.rt� or �therwise executed �y <br /> L�nde� in fa�r�r of Individua� B arrov�er, a.n� agre�ment �r st�pulat�or� by Lender e�tending the <br /> time �f�ayment or oth�rvvise mod�fy�ng or su�plement�ng the terms of th� Note, th�s Secu���� <br /> Instrument�r t�e other Lo ar�D�cum�nt�. � <br /> �b) It is a�ree�that th� risl� �f l�ss �r �amage t� th� �roperty is �n In�iv�dual <br /> B�rr��wer, and Le�der shal�hav� no lia�iiit�r�hatso��e� for de��in� �n vaiue of the Property, for <br /> fa�lur� to ma�ntain the Pal���es, �r f�r failure t� determir�e whether th� insurance ir� for�e �� <br /> adequate as t� the amount af r�s��s insured. Possession b� Ler�der shal� not be d�emed an <br /> �lection �f j udi�ial reli�f if any such p�s sess ian is request�d or at�tained w�th respect to ar�y <br /> Pr�pert�r ar co�lateral nat�n Lend�r's po�session. <br /> �c} L�nder may resor� f�r the pa�m�r�t of the Debt to an� other secur�ty held <br /> b� Lender in �uGh order an� manner as Ler�der, i� its d�scr�t�on� ma� el��t. Lend�r may take <br /> a�tior� t� recover t�e D��t, or ar�y portian ther�af, or to enfarce any ��ver�an� hereof��thaut <br /> prejudi�e to the right of Lender th�reafter ta forec�ose this �ecurity Instrument. Th� rights �f <br /> Le�der u�d�r this �ecurit� In�trum�r�t shal� b� separat�, distin�t and cumulative and non� shal� <br /> be gi��n effect to the ��clusio� �f the athe�s. l�To act �f Lender sha�� b� construed as ar� electi�r� <br /> to proce�d under ar��r�n�pro�rzs�on her��n to th� e�c�usian af an� �ther provision. Lender sha�i � <br /> 17 <br />