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<br /> �"'��`�-`x�- �is� P�o�erty 3n vi.olatiion of as�y lac�, or�iaance, or regubation� __
<br /> � ��` �� and ahall pay and pxcamptl,y disahaxge at Borsower's cost at�d
<br /> �;r��;�F•�kC.o,.�� expenae all liens, enaumbrances and charges levted, impased or
<br /> � asBeased against the Property or any �art thereof.
<br /> :.t:
<br /> ' � 6. Eminettt Dcmafn. Lender is hereby asaiqned all _-
<br /> _ _ . ._ compensat3.on, awards, damaqea ana� �thn�r payments or relief �_-�:�.
<br /> (hereiaaaf��s "Psaceeds") in aonaaec��.�n e��� cwnd�antnatiwn �x �tl�� :-"
<br /> , t�Dz�.mg m� �Lae Pxcr�erty �s �aar�k �n�r@��Q c��x �or cma�e��y�snc� iun bi�na �`+���,_==:
<br /> `, ' �' otE' cmmma���`�a�,a►. L�a��t�r s]taa�I &�� ����i�2��• a�t �ta o t$os�o �� }'�.;'GV,F�;yC.��n��"Rr--�--
<br /> 7 ��r ..L�..�..�::�;:�i r W>4;� �`. . ._
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<br /> �, << .: r.. c��ma��n��o s�pp��ss �in arad �px�r��cea�� fita �.�s o�vm ma�mra �ny ac�ion ox .�
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<br /> . �., �;,��;�.:-�;:}�r,' x�c�����n s o an�d s&aIl a].sa be en�itlee� to make an com romiae or �±�����_--.
<br /> ,;;•r':- . � �l Y p �====:Y=-__
<br /> s�$�l��ra� �tn connection with auch tak�ang or damaqe. In the
<br /> �TFr�_�—�__'.
<br /> event any portion of the Property is so taken or damaged, Lender ���-�3�...,.LL
<br /> shall have the option, in its sol.e and abaolute disaretion, to ____
<br /> apply all suah Proaeeds, after Seducting �harefrom all aoata and ;,.�;��;'„��„
<br /> expenses inaurred by i� ia aonaeation with suoh Proaeeds, u�pon �::r,.•:.;�:T�
<br /> any indebteclness secured hereby and in auch ordez as LenBer may .
<br /> determine, or to apply all suah Proaeeds, after suah dedua�ions, �: ���"=
<br /> to the restoration of the Property upon such aon8itiorie ae 7Lendnr ''`"'''" ,�,�.__
<br /> . m�y determine. Aa►y applioatioa of Proceeds to indebtednesa ehall � ;,,=---
<br /> not extend or pootpone the due 8ate of any paymenta un8er the 1���"�'�' ,-
<br /> , ,:�:..
<br /> Note, or aure Any default thereunder or herounder. ' ° � '�' -
<br /> ;�. --
<br /> 7. Performance b Lender. In the event of aorrower's , ,�'f° �'
<br /> failure to per orm any of t e covenants herein or make any pay- ��: :_;.;_
<br /> � ments required hereby, or if any act fs taken or leqal proceeding x••,; �;��'-�--
<br /> -_ -
<br /> commenced which materia].ly affects Lender's interes� in the � :.,_.
<br /> Property, Lender may in its own discre�ion, bi�� �af i:huu� oh2iga- ; __
<br /> tion to do so, and without notice �o or demand upon Horrower, and •� -',_'_
<br /> without releasing Borrower from any obligati.on, do any act which .�'-�"`�`��-
<br /> :. ���3,
<br /> the Borrower has agreed but fails to do and may also do any other �,t;;
<br /> act it deems necessary to protect the security hereof. Borrower t� "F`':'-
<br /> shall, immediately upon demand therefor by Lender, pay to Lender ..
<br /> all costs and expenses incurred and sums expended by Lender in � .--
<br /> connection with the exercise by T,ender of the foregoing rights, ' �' Y:��
<br /> together with interest thereon at the default rate provided in __
<br /> th� Note, which shall be added to the ndestsdness secured �� _
<br /> hereby. Lender shall not incur any 1:�ab3li�y becanse af anytihing -:-
<br />
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