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2� 17�2233
<br /> Praper�� by a r�ce��rer, L�n�er or anyane c�a�ming by, through ar u.nder L�nd�r. In�iivadual
<br /> B�rrar��r sha�i, and hereby agr�e� ta, �r�dem�if�Lend�r for, ar�d to ha�c� Ler�der harm�ess from,
<br /> any and all Iiabi�it�, �oss �r dama�e �v�.�ch ma� or might be �n�urred �nd�r the Lea�es ar any .
<br /> Lease �uara�ties �r vvith re�pe�t to the ownersh�p or �peratior� of the Prop�rty, und�r ar hy
<br /> r�ason �f this Security Instrument and fr�m an� and a�l clairns and demar�ds �rhats�ever,
<br /> �nc�udi�g�he �efense of any su�h ��a�ms or demar�ds �rhich rna.y� be ass�rt�d against Lender by
<br /> reas�n of any all�ged �bl�gatians and ur�d�r�al���gs on �ts pa�t t� perfa�m or dis�harge a.r�y af the
<br /> � t�rms, cov�nants ar agre�ments cor�ta�ned �n the Leases or ar�y Leas� Guarant��s, unless such
<br /> ��ab��it�, los� or damage is caused by th� �l�ega� act, fraud, gros� neg�i�e�ce ar v�ri11fu1
<br /> m�scoriduct of L�n�er or such I�ia�i�it�, l�ss ar damage arises'from and after the tal�ing of a�tual
<br /> physical pos�ess�on of the Pro�er�y b� a r�ce�ver, Ler�der or an�ane c��.�mir�g �y, through or
<br /> under Lenc�er. Should Len��r incur �ny su�h l�ab�l�ty;far �vhxch Indi�idual Borrawer i� 1iable
<br /> �ursuant to the f�rego�r�g senter�c�s, the amount ther�of, inc�ud�r�� rea�onable and do�ument�d
<br /> costs, ��pens�s and attorn�ys' fees, �ha�l �� secur�d by this Security Ir�strument ar�d the oth�r
<br /> I�oan I�ocuments and Indi�ridua� B arra�ver �ha�� reim�burse Ler�der therefor �ithin ten �1�}
<br /> Bu�iness Days' f��l�v�ing�r�tten ��ma.nd and u�a�r� �he failure of Ir�di�idua.� Bo�rov��r sa to do
<br /> Ler�der may� at its op��on, d�c�ar� �.11 sums s�cured by this Security Instrumen� and th� �the�
<br /> L�an I��cume�ts i�nmedYately du� ar�d pa�able. I�o pro�r�s��r� of this S�curity Ir�strument sha��
<br /> aperat� to ��a�e any ob�i�atifln or liabi�ity f�r the Gontro�, care, management �� repair �f the
<br /> Pr�pe�ty upon Ler�der, nor for�he �arrying n�t of any of the terms and c�ndit�ons af the Lea.s�s
<br /> ar any Leas� �uarar�ti�s prior to the entry up�n and tal�ing �f actual physica� �oss�ss�on of the
<br /> Pr�pert� b� a receiver, Lender �r anyone cla�mzr�g by through or under L�nder; nor sha�l �t
<br /> operate to rr�a��e Lender responsible or liab�e f�r any �vaste cammitted �n the Property b� the
<br /> tena.nts or a.ny ot�ier Persan, or far an� dan��raus �r def�ct��� candit��n of the Pr�p��ty
<br /> �n��u�ing� ��th�ut lim�tatiar�, the presen�e of any Ha�ardaus �ubstances �a� �efir�ed in the
<br /> Enviranmenta� I�.dem.�.�t�Agreement�, �r far an� negl�gen�� in the m�.nag�ment, u����ep, repair
<br /> or c�nt��� �f th� Pro�erty r�sult�ng�r� ��ss o� ir�jur�ar c�eath to a�y tenar�t, �icens�e, �rnpi�yee or
<br /> stranger, in an� case prior �� th� �ntry upon and tak�ng of actua� ph�sical p�ssessior� of �he
<br /> Pr�per��b� a receiver, I�ender ar an�one c�aim�ng�y, throu�h �r und�r Lender. Nat�ing her�in
<br /> contained shall be c�nstrued as Gonstituting Lend�r a `�mar�gage� �n p�sse�����" in the ab�er�ce
<br /> of t�e ta���r�g of a.ctua.l p�ssessi�r� �f th� Land and Impro�rements by Lend�r. In the ��ercise of
<br /> the p��ver� herein grant�d Lender, no llabrl�ty shal� be asserted ar er�fo�ced a.gainst L�nder, a��
<br /> such liab�l�ty l��ing e�pressl�wai�ed and rel�ased b� Ind�vidual B�rravver� e�c�pt to the �xtent
<br /> su�h Iiability re�at�s t�the�rass n�gl�ger�ce, wi��ful misc�nc�uGt, fraud ar il�egal acts af Lender.
<br /> AR.TICLE 15 -DEED UF TRTJST PR�VISI��TS
<br /> ��ctian 15.1 ,�on�ernin� the Tru�tee. If d�rected �y Lender to f�r�close t�e
<br /> �ien and security int�rest of this Secur�ty Instr�rnent, Trustee v�ili e�ther personall� or �y agent
<br /> give n�tice af the f�recl�sure sale as requi�ed by�h� sta�e lavv ther� in effeGt an� se1l and cor�ve�
<br /> all or par� of the Prop�rty "AS IS'� to th� highest l�i��er for cash vv�th a sp�cia�v�arrant�binding
<br /> In�iv�dual B�rra�r�r, subject �a the P�rmitt�d E�cumbran�es and With�ut r�pre�entatian ar
<br /> � vvarranty, e�press or im�lie��y Trust��. Trustee sha�l pay fr�m the pro�eeds of th� sa�e, in this
<br /> arcler �a�e��ens�s of far��losure; �b�t� L�nder, th� full �.m�ur�t of principal, �nt�rest, reason�ble
<br /> and do�ument�d attorn��'s fe�s, and oth�r Gharges due an�. unpai�; ��) an� a��unts required by
<br /> la�v�r to �e pa�d �efore paym�n� to Itldi�ridual B�rrov�er; ar�d �d� to Individua� Borrovv�r, any
<br /> ��
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