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<br />employees from the Property, (c) to collect the rents, issU.%es,
<br />profits, and income - therefrom, (d) to .cvwplete- any construction
<br />which maybe in progress, (e) to do such misintenance, and'. take'
<br />{ -f) to use all stores of materials,. supplies, and saiat.tstrnce
<br />_ . equipment ..orb .hs.._.P.rc�pe =ty... asd replace such items at. this. expe�ase
<br />of the receivership estate, (q) to pay all taxes and 'aiiseesaents
<br />against the Property and the Chattels, all premiums for inaUtance
<br />thereon, 'all utility and other operating: *%;WeAses,, aAd• :ell:' sums
<br />due under, any prior or subsequent encumb an+ce. and; 1h).-generally
<br />to do anytking which Grahtot could log4ly do if 0x r were in
<br />possessioa:.`, of tine Property►. All'-,r4xpenses inch -rood :,,try the
<br />receiver :: ask his agents shall. constitute a part oil:: =flit ,Secured
<br />obLigat;jdns•. Any revenues do- -.ect k? <;by the recei r r shall be
<br />applied. ': -Irst to the expens `,;t a receivershitij including
<br />:....:..:.:. ..... .
<br />attorney . fees incurred by.:* *e "reivet and bi :,.Ioneficiary,
<br />tragethtr 'With interest therecii.-At" the Default. brute "from the date
<br />tecurred until tapaid, -and tom' "balance sell:'. lee. applied toward
<br />. . Secured Obligations _ or in, such other ma trioir� as . the court may
<br />direct.:,,, Unless sooner•::.., ninoted with • � he •: '.jsrq.. ,consent of
<br />B�enaticii y, any such rasae•iverihip will gont:inue til title to
<br />icty has passed after fdreclosure .salt-:tAnd All applicable
<br />sristd. ..of redemption have expt".
<br />7.9 night to Make itepsirs ;raprovements,� :.Should anY
<br />pmt of- the Property come into the possession of ':#eneficiary,
<br />tether before or after an Eveot...of Default, --Beneficiary may use
<br />oporate, and /or sake repairs,'alterati.vns, additions and improve-
<br />ments to the Property. -for the purpose of pteservi'ag it or its
<br />value. Grantor covenants to promptly reimburs&!and pay to
<br />Beneficiary, at the place where the Note is payable, or at such
<br />other place as may be designated by Beneficiary in writing, the
<br />amount of all reasonable expenses (including the cost of any
<br />insurance, taxes, or other charges) incurred by Beneficiary in
<br />connection with its custody, preservation* use or operation of
<br />the Property„ together with interest thereon from the date
<br />:incurred by Beneficiary at the Default Rate, and all such
<br />ompenses, costs, taxes,, inter "'t, and, othog charges shall be a
<br />Pkrt of the Secured Obligations. it is..agreed, however, that the
<br />-risk of accidental loss or . damage to the Property '19 undertaken
<br />#y Grantor and, except for Beaeficiary's willful miscondupt or
<br />`q.wss negligence, Beneficiary eh,all have no liability whats4sver
<br />for decline in value of the Property, for failure to obtsi °.'A .or
<br />maintain insurance, or for failure to determine whether any
<br />insurance ever in force is adequate as to amount or as to the
<br />risks insured.
<br />7.10 Surrender of. insurance. Beneficiary may surrender
<br />the insurance policies, maintained pursuant to the terms horeo,f,
<br />or any part thereof, anA receive and apply the unearned prestiums
<br />its a credit on the Secured obligations and, in connectionL.there-
<br />-23-
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