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<br /> A"'"''_�--� upon showinq of cause, be permitted to extena th� commenoement of
<br /> - �` such hearing tor up to an additional sixty (60) days,
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<br /> �-�� (c) Nothing in this Deed shall be deEmec� t� (i) limit
<br />'���`L���-�-"��� tha applicability of any otherwise applicable statutes of
<br /> lima.tation or repose and any waivers contained in this Deed; or
<br /> � (fi) be a waiver by Bgneficiary of the protection af�orded to it by
<br /> •-��0 12 U.S.C. SEC. 91 or any substantial equi�valent stat� law; or (iii)
<br /> ��i limit the right of Henefiaiary hereto (A) to exercise self help
<br />_���_�I remedies such as (but not limited to) setoff, or (B) to foreclose
<br /> -�-����� against any real or personaZ property collateral, or (e) to obtain
<br /> -�-- ----- from a court provisiona'1 or ancillary remedies such as (but not
<br />_� limited to) inj�unctive relief, writ of possessi.on or the
<br /> - appointment of a receiver. Beneficiary may exercise such �elf help
<br /> v--�= ri.ghts, foreclose upon such property, or obtain such provisional or
<br /> - - ancillary remedies befpre, during or after the pendency of any
<br /> ---- arbitration praceeding brought pursuant to this Deed . Neith�r this
<br /> -�r1�,� exercise of self help remedies nor the i.nst itution or mai n t e n a n c e _
<br /> °�'°�"�� of an action for foreclosure or provisional ox ancillary remedies
<br /> --°� shall c�nstitute a wafver of the right of any party� inaluding the
<br /> �=''�"�'�� claimant in such action, to arbit.rata the merits af the controversy
<br /> _ ; or claim occasianinq resort t4 such remedies. -
<br /> �� 4.16 Tnterest Rate. Grantior and Beneficiary acknowled�e and
<br /> --- - � agree that Benef iciary i.s a national banking association, chartered
<br /> '-'-----,,,,���--°.�� under the laws af the United State o£ America, located in �he State
<br /> of Georgia, and that under 5ec�ion 85 of Title 12 of the Unit�d
<br />-- ""' States CQde, the maximum rate of interest whicll He�xeficiary may
<br />--�-•�=� t�}��� rp�AiyF!j reserve and oharge on the Secured =ndeb�edness shall
<br /> W- --�--�; be determined in ac�ordance with the �aws of trie s'tate o= tiCt�syid.
<br /> In no event shall the amount of interest (inclvding any prepaid
<br />—'� interest or other rharges or fees held to be interest by a court of
<br /> � campetent jurtsdiction) accrue to be payable undQr the Note exceed
<br /> -������-� the highest contract rate �f interes4 allowed by applicable law Por
<br /> --= the time such indebtedness shall be outstanding and unpaid and ff
<br /> - � by reason of the acceleration of maturity o� the Secured
<br /> Indebtedness, or for any other reason, interPst in excess af such
<br /> - highest legal rate shall be due ana paid, any such excess shall
<br /> canstitute and be treated as a payment of the principal evidenced
<br /> by the Note and shall operate to reduce such princfpal by the
<br /> amaunt of such excass, ur if in excess of the principal
<br /> _--�;,��; indebtedness, such excQSS shall be waived or refunded to Grantor.
<br /> _�—�,.�� It is the express intent hereof that Grantor not pay and Hold�r of
<br /> --�,v� the Note (as such term is defined in the Note) not receive,
<br /> '"�`�� directly or indirectly in any manner whatsoever, interest in excess
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<br /> -°°�''��! of that which may be ].egally paid by Grantor under applirable aw.
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<br /> `-�� 4.17 Further Assurances. Grant.or will, at the expense of
<br />' ��-� Grantur, and without expense to Beneficiary, do, execute,
<br /> """��� acknowledge and deliver all such �urther acts, deeds, conveyances,
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<br /> assignments, security aqrsemenL-s, financing statements, notice of
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<br /> ': ';�1.�- assignment•, transfers and assurances as Beneficiary shall from t me
<br /> - to time require, for the better assuring, conveying, perfecting,
<br /> • �- mortgaging, assigning, transferring and confirmirig unto Beneficiary
<br /> • ' • and the r.ights hereby conveyed or. assigneci or �.ntended now or
<br /> � hereafter to be conveyed or assigned, for whicY� Grantor may be or
<br /> �� ' may hereaf�ter bec�me bound to convey or assign to Benef ici�ry, or
<br /> ��� for carrying out the intentions or facilitating the performance of
<br /> . t 1 the terms of this Deed, or for correcting this Deed , or for filing,
<br /> registering or recording thxs Deed, and, on demand, will execute
<br /> ' and deliver, and hereby authorizes Beneficiary to exec�zte in the
<br /> - � t name of Grantor to the extent it may lawfully do so, one or mor�
<br /> � _ `_ financinct or continuation statements or amendments thereto, t�
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<br /> • �• evidence more effectively the securizy inLerGe� a���. �,.� ��.... ..--_-_
<br /> upon all or any part of the Premises and agrees that a photographic
<br /> or othe� reproduction of this Deed may be used and fxled as a
<br /> financing statement. Grantor forthwith upon ttie execution and
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