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". 200600597 power or privilege herein granted or intended to be granted in the event of any default then made or of any subsequent default; nor, except as otherwise expressly provided in an instrument or instruments executed by Beneficiary, shall the lien of this Instrument be altered thereby. In the event of the sale or transfer by operation of law or otherwise of all or any part of the Premises, Beneficiary, without notice, is hereby authorized and empowered to deal with any such vendee or transferee with reference to the Premises or the Obligations secured hereby, or with reference to any of the terms, covenants, conditions or agreements hereof, as fully and to the same extent as it might deal with the original parties hereto and without in any way releasing or discharging any liabilities, obligations or undertakings. 4.14 Suits to Protect the Premises. Beneficiary shall have power to institute and maintain such suits and proceedings as it may reasonably deem expedient (a) to prevent any impairment of the Premises by any acts which may be unlawful or any violation of this Instrument, (b) to preserve or protect its interest in the Premises and in the rents, issues, profits and revenues arising therefrom, and (c) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that Beneficiary, in its reasonable judgment, believes to be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of Beneficiary. 4.15 Beneficiarv May File Proofs of Claim. In the case of any receivership, insolvency, bankruptcy, reorganization, arrangement, adjustment, composition or other proceedings affecting Grantor, its creditors or its property, Beneficiary, to the extent permitted by law, shall be entitled to file such proofs of claim and other documents as may be necessary or advisable in order to have the claims of Beneficiary allowed in such proceedings for the entire amount due and payable by Grantor under this Instrument at the date of the institution of such proceedings and for any additional amount which may become due and payable by Grantor hereunder after such date. 4.16 Multiple Sales. In any judicial proceedings to foreclose this Instrument or nonjudicial exercise of power of sale or any other private or public sale, the Premises, at the option of Beneficiary, may be sold in whole or in part and in the event of such multiple sales, the Obligations shall not be merged into any foreclosure sale or foreclosure judgment so long as there shall remain outstanding any Obligations secured by this Instrument. ARTICLE V MISCELLANEOUS PROVISIONS 5.01 Successors and Assigns. Subject to the provisions of Section 3.12 hereof, this Instrument shall inure to the benefit of and be binding upon Grantor, Beneficiary and Trustee and their respective heirs, executors, legal representatives, successors and assigns. Whenever a reference is made in this Instrument to Grantor, Beneficiary or Trustee such reference shall be deemed to include a reference to the heirs, executors, legal representatives, successors and permitted assigns of Grantor, Beneficiary or Trustee. -19-