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201000151 made in lieu of ar in anticipation of the exercise of such taking), Borrower shall continue to pay the Debt at the time and in the manner provided for its payment in the Note, in this Security Instrument and the other Loan Documents and the Debt shall not be reduced until any award or payment therefor shall have been actually received after expenses of collection and applied by Lender to the discharge of the Debt. Subject to the terms of the Lease, Lender shall not be limited to the interest paid on the award by the condemning authority but shall be entitled to receive out of the award interest at the rate or rates provided herein and in the Note. Subject to the terms of the Lease (provided that na default beyond any applicable notice and/or cure period then exists under the Lease), Borrower shall cause the award or payment made in any condemnation or eminent domain proceeding which is payable to Borrower, to be paid directly to Lender. (b) All condemnation awards or payments required to be applied to restoration and repair of the Mortgaged Property under the Lease shall be disbursed in accordance with the provisions of the Lease. Subject to the terms of the Lease, the Net Award shall be delivered to Lender, and, to the extent (if any) not required under the Lease to be applied for such restoration and repair, shall be paid to Lessee or Borrower, as provided in the Lease; provided that, if a Lease Default then exists, then such Net Award will be paid to Lender to be applied to the reduction ar discharge of the Debt whether or not then due and payable. Such application is to be without payment of the Make Whole Premium or any other prepayment consideration, except that if an Event of Default under this Security Instrument has occurred and is continuing prior to the commencement of any condemnation or eminent domain proceeding, then such application shall be subject to the payment of the Make Whole Premium in accordance with the terms of the Note. If the Mortgaged Property is sold, through foreclosure or otherwise, prior to the receipt by Lender of such award or payment, Lender shall have the right, whether or not a deficiency judgment on the Note shall have been sought, recovered ar denied, and subject to the terms of the Lease (provided that no default beyond any applicable notice and/or cure period then exists under the Lease), to receive said award or payment, or a portion thereof sufficient to pay the Debt. Borrower shall file and prosecute or cause to be filed and prosecuted its claim or claims for any such award or payment in good faith and. with due diligence and, subject to the terms of the Lease (provided that no default beyond any applicable notice and/or cure period then exists under the Lease), cause the same to be paid over to Lender, and hereby irrevocably authorizes and empowers Lender, in the name of Borrower or otherwise, to collect and receive any such award or payment and to file and prosecute such claim or claims, and. although it is hereby expressly agreed that the same shall not be necessary in any event, Borrower shall, upon demand of Lender, make, execute and deliver any and all assignments and other instruments sufficient for the purpose of assigning any such award or payment to Lender, free and clear of any encumbrances of any kind or nature whatsoever. (c) Notwithstanding anything to the contrary contained within this paragraph 6, in the event that a condemnation shall affect the Mortgaged Property and Lessee serves -14- 15445229.4.BUSINESS