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200804918 (a) if Mortgagee is the purchaser at the foreclosure sale, the rents shall be paid to Mortgagee to be applied to the extent of any deficiency remaining after the sale, the balance to be retained by Mortgagee, and if the Premises be redeemed by Mortgagor or any other party entitled to redeem, to be applied as a credit against the redemption price with any remaining excess rents to be paid to Mortgagor, provided, if the Premises not be redeemed, any remaining excess rents to belong to Mortgagee, whether or not a deficiency exists. (b) if Mortgagee is not the purchaser at the foreclosure sale, the rents shall be paid to Mortgagee to be applied first, to the extent of any deficiency remaining after the sale, the balance to be retained by the purchaser, and if the Premises be redeemed by Mortgagor or any other party entitled to redeem, to be applied as a credit against the redemption price with any rema~ning excess rents to be paid to Mortgagor, provided, if the Premises not be redeemed any remaining excess rents shall be paid first, to the purchaser at the foreclosure sale in an amount equal to the interest accrued upon the sale price pursuant to any governing law, then to Mortgagee to the extent of any deficiency remaining unpaid and the remainder to the purchaser. 7. REMEDIES 7.1 Right to Cure Event of Default. If Mortgagor shall fail to comply with any of the covenants or obligations of this Deed of Trust, Mortgagee may, but shall not be obligated to, without demand upon Mortgagor, and without waiving or releasing Mortgagor from any. obligation in this Deed of Trust contained, remedy such failure, and Mortgagor agrees to repay upon demand all sums incurred by Mortgagee in remedying any such failure together with expenses and attorneys' fees and with interest at the Default Rate as defined under the terms of the Note. All such sums, together with interest as aforesaid shall become Indebtedness. No such advance shall be deemed to relieve Mortgagor from any failure hereunder. 7.2 No Claim Al!ainst Mortl!al!ee. Nothing contained in this Deed of Trust shall constitute any consent or request by Mortgagee, express or implied, for the performance of any labor or services or for the furnishing of any materials or other property in respect of the Premises or any part thereof, nor as giving Mortgagor or any party in interest with Mortgagor any right, power or authority to contract for or permit the performance of any labor or services or the furnishing of any materials or other property in such fashion as would create any personal liability against Mortgagee in respect thereof or would permit the making of any claim that any lien based on the performance of such labor or services or the furnishing of any such materials or other property in such fashion as would create any personal liability against Mortgagee in respect thereof or would permit the making of any claim that any lien based on the performance of such labor or services or the furnishing of any such materials or other property is prior to the lien ofthis Deed of Trust. 7.3 Inspection. 20 Doc# 2675364\2