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<br />such obligation; and the cost thereof shall be added to ,the Indebtedness and paid on Lender's demand by
<br />Grantor.
<br />ASSIGNMENT OF AND RENTS. As additional security for the payment of,the,Indebtedness and,the
<br />perforniance of the covenants contained. herein, Grantor hereby assigns andP transfers over ,to Lender all__rents,
<br />income and profits ("Rents") under any present or future leases, subleases or licenses of the Property, including
<br />any guaranties, exterisions;' amendments or renew,�ls=thereaf, from the use of the Property: So long as Grantor is
<br />not in default, Grantor may receive, collect and enjoy all Rents accruing from the Property, but not more than one
<br />month in advance of the due date. Lender may also require Grantor, tenant and any other user of the Property to
<br />make payments of Rents directly to Lender. However, by receiving any such payments, Lender is not, and shall not
<br />be considered, an agent for any party or entity. Any amounts collected may, at Lender's sole discretion, be applied
<br />to protect Lender's interest in the Properly, including but not limited to the payment of taxes and insurance
<br />premiums and to the Indebtedness. At Lender's sole discretion, all leases, subleases and licenses must first be
<br />approved by Lender.
<br />��1��1N6hA'�I�1�'. C�ra�ttto� sh�11=�;i�E Let�d:r n�ti:;e. of any action�t��ker. o� threaten�� to be taken �i, private or
<br />public e�tities to appropriate the Properiy or any part thereof, through condemnation, eminent domain or any other
<br />acrion. Further, Lender shall be permitted to participate or intervene in any of the above described proceedings in
<br />any manner it shall at its sole discretion determine. Lender is hereby given full power, right and authority to
<br />receive and receipt for any and all damages awarded as a result of the full or partial taking or appropriation and in
<br />its sole discretion, to apply said awazds to the Indebtedness, whether or not then due or otherwise in accordance
<br />with applicable law. Unless Lender otherwise agrees in writing, any application of proceeds to the Indebtedness
<br />shall not extend or postpone the due date of the payments due under the Indebtedness or change the amount of
<br />such payments.
<br />GRANTOR'S, ASSiIRANC�S. At any time, upon a request of Lender, Grantor will execute.,and ;deliver to
<br />Irender, and if appropriate, cause.to be recprded, such fiuther,moztgages, assignments,� assignments of le�ses and
<br />rents;; securi ,ty .agreements, pledges, financing statements;, or such other docunnent as ;LendeF inay. r�quire, in
<br />Lender's sole discretion, to effectuate, complete and to petfect as, well as to to, preserve the-Indebtedness,
<br />or the lien or security interest created by this Security Instrument.
<br />ATTORNEY-IN-FACT. Grantar appoints Lender as attomey-in-fact on behalf of Grantor. If Grantor fails to
<br />fulfill any of Grantor's obligations under this Security Instrument or any Related Documents, including those
<br />obligations mentioned in the preceding paragraph, Lender as attorney-in-fact may fulfill the obligations without
<br />notice to Grantor. This power of attprney shall not be affected by the disability of the Grantor.
<br />EVENTS OF DEFAULT. T'he following events shall consritute default under this Security Instrument (each an
<br />"Event of Default"):
<br />(a) Failure to make required payments zv�iei� du� under.indebtedness;
<br />(b) Failure to perform or keep any of the cpvenants of this Security Instrument or a default under any of
<br />the Related Documents;
<br />(c) The making of any oral or written statement or assertion to Lender that is false or misleading in any
<br />material respect by Grantor or any person obligated on the Indebtedness;
<br />(d) The death, dissolution, insolvency, bankruptcy or receivership proceeding of Grantor or of any person
<br />or enrity obligated on the Indebtedness;
<br />(e) Any assignment by Grantor for the benefit of Grantor's creditors;
<br />(fl A material adverse change occurs in the financial condirion, ownership or management of Grantor or
<br />any person obligated on the Indebtedness; or
<br />�. (g) - Lender deems itself insecure.�or any.reason,whatsoever. _ _ � `
<br />REMEDIES ON DEFAULT. Upon the occurrence of an Event" of Default; Lender may : wifihout demand or
<br />norice, pay.any or all taxes, assessments, premiums, and liens required to be paid by Grantor, effect any insurance
<br />proyided for herein, make such repairs, cause the abstracts of title or title insurance policy and tax histories of the
<br />Property to be certified to date, or procure new abstracts of title or title insurance and tax histories in case none
<br />were fiimished to it, and procure title reports covering the Property, including surveys. The amounts paid for any
<br />such purposes will be added to the Indebtedness and will bear interest at the rate of interest otherwise accruing on
<br />the Indebtedness until paid. In the. event of foreclosure, the abstracts of title or title insurance shall become the
<br />property of Lender. All abstracts of title, title insurance, tax histories, surveys, and other documents pertau�ing to
<br />the Indebtedness will remain in Lender's possession until the Indebtedness is paid in full.
<br />IN TI� EVENT OF THE SALE OF THIS PROPERTY UNDER TI� PROCEDURE FOR FORECLOSURE OF
<br />` A SECtJfZIT� TNSTRUIvIENT BY :�DVERTISEMEI�[T, AS PROVIDED BY APPLICABL� T,AW, OR IN THE
<br />EVENT LENDER EXERCISES ITS RIGHTS UNDER THE ASSIGNMENT OF LEASES AND RENTS, THE
<br />LENDER SHALL PROVIDE ALL STATUTORILY REQUIRED NOTICES OF SALE AND NOTICES OF
<br />JUDICIAL HEARINGS BEFORE LENDER EXERCISES ANY OF ITS RIGHTS iJNDER THIS
<br />INSTRUMENT.
<br />Upon the occurrence of an Event of Default, Lender may, without notice unless required by law, and at its option,
<br />declare the entire Indebtedness due and payable, as it may elect, regardless of the date or dates of maturity thereof
<br />and, if permitted by state law, is authorized and empowered to cause the Property to be sold at public aucrion, and
<br />to; execute and deliver to the pu�rchaser'or purcfiasers at such sale any deeds of conveyance good and''sufficient at
<br />Iaw, pursuant to tlie statute ui such case made and piovided. The Trustee shalI apply the proceeds of the Trustee's
<br />� 2004-2010 CompGenca Systems, Ina F947-C14A - 2010.04363 � � .. " . . " ' . . . � . ' . . — . ' . . .
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