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200603080 <br />Borrower is not relying on Lender's expertise, business acumen or advice in connection with the Property. <br />Section 6.3. NO LENDER OBLIGATIONS. Notwithstanding anything to the contrary contained in this <br />Security Instrument, the provisions of Subsections 1.1(t) and (1) and Section 1.2, Lender is not undertaking the <br />performance of (a) any obligations under the Leases; or (b) any obligations with respect to such agreements, contracts, <br />certificates, instruments, franchises, permits, trademarks, licenses and other documents. By accepting or approving <br />anything required to be observed, performed or fulfilled or to be given to Lender pursuant to this Security Instrument, the <br />Note or the Other Security Documents, .including without limitation, any officer's certificate, balance sheet, statement of <br />profit and loss or other financial statement, survey, appraisal, or insurance policy, Lender shall not be deemed to have <br />warranted, consented to, or affirmed the sufficiency, the legality or effectiveness of same, and such acceptance or <br />approval thereol' shall not constitute any warranty or affirmation with respect thereto by Lender. <br />Section 6.4. RELIANCE.. Borrower recognizes and acknowledges that in accepting the Note, this Security <br />Instrument and the Other Security Documents, Lender is expressly and primarily relying on the truth and accuracy of the <br />warranties and representations set forth in Article 5 and Article 12 without any obligation to investigate the Property and <br />notwithstanding any investigation of the Property by Lender; that such reliance existed on the part of Lender prior to the <br />date hereof; that the warranties and representations are a material inducement to Lender in accepting the Note, this <br />Security Instrument and the Other Security Documents; and that Lender would not be willing to make the Loan and <br />accept this Security instrument in the absence of the warranties and representations as set forth in Article 5 and Article <br />12. <br />ARTICLE 7. - FURTHER ASSURANCES <br />Section 7. 1, RECORDING; OF SECURTTY INSTRUMENT,__ ETC. Borrower forthwith upon the execution and <br />delivery of this Security Instrument and thereafter, from time to time, will cause this Security Instrument and any of the <br />Other Security Documents creating a lien or security interest or evidencing the lien or security interest hereof upon the <br />Property and each instrument ol' further assurance to be filed, registered or recorded in such manner and in such places as <br />may be required by any present or future law in order to publish notice of and fully to protect and perfect the lien or <br />security interest hereof upon, and the interest of lender in, the Property. Borrower will pay all taxes, filing, registration <br />or recording fees, and all expenses incident to the preparation, execution, acknowledgment and/or recording of the Note, <br />this Security Instrument, the Other Security Documents, any note, mortgage or deed of trust supplemental hereto, any <br />security instruntcrlt with respect to the Property and any instrument of further assurance, and any modification or <br />amendment of t}te foregoing documents, and all federal, state, county and municipal taxes, duties, imposts, assessments <br />and charges arising out of or in connection with the execution and delivery of this Security Instrument, any mortgage, <br />deed of trust supplemental hereto, any security instrument with respect to the Property or any instrument of further <br />assurance, and any modification or amendment of the foregoing documents, except where prohibited by law so to do. <br />Section 7.2. FURTHER ACTS _ETC. Borrower will, at the cost of Borrower, and without expense to Lender or <br />Trustee, do, execute, acknowled -c and deliver all and every such further acts, deeds, conveyances, mortgages, deeds of <br />trust, assignments, notices of assignments, transfers and assurances as Lender shall, from time to time, reasonably require, <br />for the better assuring, conveying, assigning, transferring, and confirming unto Trustee for the benefit of Lender and to <br />Lender directly, as applicable, thc. Property and rights hereby mortgaged, granted, bargained, sold, conveyed, confirmed, <br />pledged, assigned, warranted and transferred or intended now or hereafter so to be, or which Borrower may be or may <br />hereafter become bound to convey or assign to Trustee or Lender, or for carrying out the intention or facilitating the <br />performance of tt►c tears of this Security Instrument or for filing, registering or recording this Security Instrument, or for <br />complying with all applicable state or federal law. Borrower, on demand, will execute and deliver and hereby authorizes <br />Lender, following 10 days' notice to Borrower, to execute in the name of Borrower or without the signature of Borrower <br />to the extent Lender may lawfully do so, one or more financing statements, chattel mortgages or other instruments, to <br />evidence or perfect more effectively the security interest of Lender in the Property. Borrower grants to Lender an <br />irrevocable power of attorney coupled with an interest for the purpose of exercising and perfecting any and all rights and <br />remedies available to Lender pursuant to this Section 7.2, <br />Section 7.3. CHANCES IN. TAX, DEBT CREDIT AND DOCUMENTARY STAMP LAWS. <br />(a) Tf any law is enacted or adopted or amended after the date of this Security Instrument which deducts <br />the Debt from the value of the Property for the purpose of taxation or which imposes it tax, either directly or indirectly, on <br />the Debt or Lender's interest in the Property, Borrower will pay the tax, with interest and penalties thereon, if any. If <br />Lender is advised by counsel chosen by it that the payment of tax by Borrower would be unlawful or taxable to Lender or <br />unenforceable or provide the basis for a defense of usur en Lender z11 have the option, exercisable by written notice <br />4 <br />v <br />