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200609881 <br />renovations, repairs, and replacements to the Improvements, as Beneficiary, in its <br />sole discretion, deems proper or appropriate. The obligation of Grantor to pay <br />such amounts and all expenses incurred by Beneficiary in the exercise of its rights <br />hereunder shall be included in the Secured Obligations and shall accrue interest at <br />the Default Rate, unless collection from Grantor of interest at such rate would be <br />contrary to Applicable Law, in which event such amounts shall bear interest at the <br />highest rate which may be collected from Grantor under Applicable Law. <br />(f) Partial Sales. Grantor agrees that in case Beneficiary, in the <br />exercise of the power of sale contained herein or in the exercise of any other <br />rights hereunder given, elects to sell in parts or parcels, said sales may be held <br />from time to time and that the power shall not be exhausted until all of the <br />Mortgaged Property not previously sold shall have been sold, notwithstanding <br />that the proceeds of such sales exceed, or may exceed, the Secured Obligations. <br />(g) Assembly of Mortgaged Pro ert . Upon the occurrence of any <br />Event of Default, Beneficiary may require Grantor to assemble that portion of the <br />Mortgaged Property consisting of personal property and make it available to <br />Beneficiary, at Grantor's sole risk and expense, at a place or places to be <br />designated by Beneficiary which are reasonably convenient to both Beneficiary <br />and Grantor. <br />(h) Power of Attorney. Grantor hereby irrevocably constitutes and <br />appoints Beneficiary as Grantor's true and lawful attorney in fact, exercisable <br />only after the occurrence of and during the continuance of an Event of Default, to <br />take any action with respect to the Mortgaged Property to preserve, protect, or <br />realize upon Beneficiary's interest therein, each at the sole risk, cost and expense <br />of Grantor, but for the sole benefit of Beneficiary. The rights and powers granted <br />Beneficiary by the within appointment include, but are not limited to, the right <br />and power to; (i) prosecute, defend, compromise, settle, or release any action <br />relating to the Mortgaged Property; (ii) endorse the name of Grantor in favor of <br />Beneficiary upon any and all checks or other items constituting Revenues; (iii) <br />enter into leases or subleases relative to all or a portion of the Land or the <br />Improvements; (iv) enter into any contracts or agreements relative to, and to take <br />all action deemed necessary in connection with, the construction of any <br />Improvements on the Land; (v) manage, operate, maintain, or repair the Land and <br />the Improvements pursuant to Contracts or otherwise; and (vi) exercise the rights <br />of Grantor under any Property Leases or any Contracts. Beneficiary shall not be <br />obligated to perform any of such acts or to exercise any of such powers, but if <br />Beneficiary elects so to perform or exercise, Beneficiary shall not be accountable <br />for more than it actually receives as a result of such exercise of power, and shall <br />not be responsible to Grantor except for Beneficiary's willful misconduct, gross <br />negligence or bad faith, as determined by a court of competent jurisdiction by <br />final and nonappealable judgment. All powers conferred upon Beneficiary by this <br />Deed of Trust, being coupled with an interest, shall be irrevocable until <br />terminated by a written instrument executed by a duly authorized officer of <br />Beneficiary. <br />20 <br />MA <br />