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<br /> ��� the Property in violatio� of any law, ordinanae, or regulation� �
<br /> ' �� a�nd sh�ll pay aad psomptly disaharqe �t Horrower'a aost and
<br /> -:�.� �y,� expenee t�ll liens, anawnbrancea aad charqee levied, impoaed or, �-.---.-�-_ . _
<br /> � �1M��'-��t.3�.
<br /> -=�,�� .; a�adoaed againet tihs Property or any part thereof. _. . -_._._ ...
<br /> _��1-..;.rY I:". .,
<br /> --�=�-±�:��- - 6. Eminent Domain. Lender is hereby aasigned all
<br /> s'��`'�'��`���� compensation, awards� t�mages and other payments or relief F____ _ _
<br />��� �i:.._,,;; .
<br /> -- ;�� (hereinafter "Proceeds") in connection with condemnatian or other
<br /> t. taking of the Property or par� thereof, or for conveyance in lieu
<br /> of aondemnation. Lender ahall be entitled, at i�s option, to
<br /> W� �''°` � com�aeriae, appear in and proaecute in its own name any action or �_� -
<br /> �� _ � praceedinga, and shall also be entitled to make any compromise or
<br /> ,^;�.. L�• � settlement in connection with such taking or damage. In the � _
<br /> r, ".�1�'�''� event any portfon of the Property ie so taken or damaged, Lender
<br /> . ��; �' � shall have the option, in its sole and absolute discxetion, to - —
<br /> .�*'� apply all such Proaeeds, after deductinq therefrom all aostis dnd
<br /> 1�' � `"'� expenses incurrec� by it in connection with euch Proceeds, upon
<br /> `° any indebtedness aecured hereby and in such order as Lender may
<br />�• . '�� ." ��� � � . � determine, or to apply all such Proceeds, after such deductions, _
<br /> "��Y'' � �o the restoration of the Proper�y upon such conditions as Lender _ _
<br /> ' � may determine. Any application of Proceeds to indebtednesa shall ��
<br /> . �� �"�� not exten8 or poatpone the due date of any payments under the
<br /> '���� �° Note, or aure any default thereunder or hereund�r. _ _�,�,��y�
<br /> . �_.:.-p Ar'r.'c-
<br /> ° 7. Performance by Lender. In the event of Horrower's — ,;�,..
<br /> ,�.,,.: �' faf lure to perform any of the covenants herein or make any pay- e�.�•- •:
<br /> � .. �-_•- mento required hereb}►, or if any act is taken or leqal proceedinq
<br /> � � " commenced which materially affects Lender's interest in the ��
<br /> � • ' , � Property, Lender may in its own discretior►, but without obliqa-
<br /> � tion to do so, and without notice to or demand upan Horrower, and
<br /> �-� wi.*h�ut releasinq Sorrower from any obligation, do any act which -
<br /> ` the Borrower has aqreed but fails to do and may al�o do any other ���
<br />
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