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200600022 0) apply any sums then deposited or held in escrow or otherwise by or on behalf of Administrative Agent in accordance with the terms of the Credit Agreement, this. Security Instrument or any other Loan Document to the payment of the following items in any order in its uncontrolled discretion: (i) Taxes ; (ii) Insurance Premiums; (iii) interest on the unpaid principal balance of the Note; (iv) amortization of the unpaid - principal balance of the Note; (v) all other sums payable pursuant to the Note, the Credit Agreement, this Security Instrument and the other Loan Documents, including without limitation advances made by Administrative Agent pursuant to the terms of this Security Instrument; (k) apply the undisbursed balance of any deposits or funds (including, without limitation, any Net Cash Proceeds or Net Cash Proceeds Deficiency) held by Administrative Agent, together with interest thereon, to the payment of the Obligations in such order, priority and proportions as may be required under the Credit Agreement or as Administrative Agent shall deem to be appropriate in its discretion; or (1) pursue such other remedies as Administrative Agent may have under applicable law. In the event of a sale, by foreclosure, power of sale or otherwise, of less than all of Property, this Security Instrument shall continue as a lien and security interest on the remaining portion of the Property unimpaired and without loss of priority. Notwithstanding the provisions of this Section to the contrary, if any Event of Default as described in Section 7(f) of the Credit Agreement shall occur, the entire unpaid Secured Obligations shall immediately become due and payable, without any further notice, demand or other action by Administrative Agent. Section 8.2 APPLICATION OF PROCEEDS. The purchase money, proceeds and avails of any disposition of the Property, and or any part thereof, or any other sums collected by Administrative Agent pursuant to the Note, this Security Instrument or the other Loan Documents, may be applied by Administrative Agent to the payment of the Obligations in such priority and proportions as Administrative Agent in its discretion shall deem proper. Section 8.3 RIGHT TO CURE DEFAULTS. Upon the occurrence and during the continuance of any Event of Default, Administrative Agent may remedy such Event of Default in such manner and to such extent as Administrative Agent may deem necessary to protect the security hereof, but without any obligation to do so ' and without notice to or demand on Borrower and without releasing Borrower from any obligation hereunder, make, any payment or do any act required of Borrower hereunder in such manner and to such extent as Administrative Agent may deem necessary to protect the security hereof. Administrative Agent or Trustee is authorized to enter upon the Property for such purposes, or appear in, defend, or bring any action or proceeding to protect its interest in the Property or to foreclose this Security Instrument or collect the Obligations, and the cost and expense thereof (including reasonable attorneys' fees to the extent permitted by law), with interest as provided in this Section 8.3, shall constitute a portion of the Obligations and shall be due and payable to Administrative Agent upon demand. All such costs and expenses incurred by Administrative Agent or Trustee in remedying such Event of Default or such failed payment or act or in appearing in, defending, or bringing any such action or proceeding shall bear interest at the Default Rate, for the period after notice from Administrative Agent that such cost or expense was incurred to the date of payment to Administrative Agent. All such costs and expenses incurred by Administrative Agent together with interest thereon calculated at the rate set forth in Section 2.9(b) of the Credit Agreement -10-