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<br /> � ` � � g�-�a��� .`. � . _�J � _ � : :
<br /> _- ��� consent,or requesc or consent w the subordinatioa of aay�of all or any part of the Progerry w any leea ; ` �
<br /> -,'�` `� subordinate to this Insnumeat. If Borrower becomes awaze d�at aay teaant proposes to do.or is doing.any act - - - -
<br /> -- - � -- or thing arhich may give rise to aay right of s�-off agamst n�nt.Borrower shall(i)rake such steps as shall be ' _ - - _'-- .-.<
<br /> • reaso�ebly catc�ilated w prevent the accrual of any righs w a set-off against reat,(ii)norify I.eader thereof and f `•' _i
<br /> � � � � of tne amowu of said set-offs,aad(rii)withm tea(10)days after such accrual.reimburse the tenant who shall � . :��'�
<br /> , • ��� .
<br /> � .. . . have acquired such rigiu cn s�-0ff or take such other steps as shaU effeccively discbarge such set-oS and as shall
<br /> � ' . assnre that renrs thereaf�r dne shaA conriaue to be payable without set-off or de�ucdon. . .
<br /> f, �. �: �'�"
<br /> • , 4: Borruwer shall absotulely a5sign to l.ender,by wriGen instrament s2iisfactory to Lxnder,all leases �. :r,�:: _ -
<br /> '. : . ' inclnding,arithout limitation,rental agree�euts.negistratio�cards and agr�ements and aU other agreemeats . ",. . .. =-.':�y-'s:•
<br /> . � , �fe�iag the propertyr now existing or hereafter made of all ar aay part of the Pmperty and all securiry deP , - ° .�,� � �=�-
<br /> er osits .k�.—-
<br /> made iry tenants ia conaectton with sach 1�of the Property. Upon assgmment by Borrower to I.end,er of aay _ _ - -- -
<br /> � . leases of the Propercy.Lender shall have all of the rights aad powers possessed by Bnrrower g:ior m such �'��:; ,�.�-
<br /> � ��, assignaaeat and Lender shall have the right w madify.euend or terminate such existmg leases and to e�se�te new . ' . �.,-
<br /> �. . � ; . • leases,in l.ender's sole discretian. _ _ - _=_
<br /> . � 17. RE1I�DIF�CUNIIJLATIYE. F�ch remedy pmvided'm this IasOrument is d�and cn�iladve w `,r:`_: ...;`�:�;ir�
<br /> �� ali other righss or remedies under this Insavment or afforded by law or equity, and may be exercised _.—:
<br /> � '� concurrently,mdePendentlY,o:successively,in any order whatsoever. ;. . •`�:=�
<br /> � ; :. (� i:;�
<br /> � 1�. ACCELERATiON IN CASE OF BORItOWEit'S INSOLVENCY. If Boirower ahall vobmtarlly fle ,-'° `:�;'•...;4 r ''�
<br /> . ':; -� �,.
<br /> • -" a petltion�nder Title 11 of the U.S.Code(the"Aa"),as snc1�Aa may from time tn time b e a m e n d e d.or�m d e r .,�-�-�-'
<br /> `_'�. �n:
<br /> '. any similar os successor Federal statute relatiag w banlauptcq.insolveacy.arrangements or reoigaai�atioas.or ...'.
<br /> � . under any state baakrupuy or insolvency aa, or fle an ansarer ia any involuatary pmceeding admitdng < -
<br /> insolvency or inabiUty to pay debts, or if Bo:rower shall fail to obtain a vacauon or stay of iavoluntary �`'�'�� '
<br /> „�
<br /> � pmceedings brou$tu forthe�eorgaaizat�on,dissoh�an os tiquidation of Borrower aithin one hundred and twenty . : . '`:.:. : �
<br /> � . (120)days of the fliag of such iavoIuntary proceeding,or if Bomnwer sha11 be adjndged a bankmpt,or if a ;;;��
<br /> ' m�stee or receiver shall be appointed for Bonower or Borrower's property.or if the Property shall become • .��, ,;�.�
<br /> ' � subjea w the jutisdictioa of a Federal banlauptcy court or similar state oourt,or i f Borrower s h a l l a�a k e aa ,..
<br /> assignment for thebenefit of Honower's creditors,ar ifthere is an attacLmeut,execntianor other judicial seizare . , � '�'Y��
<br /> .... � of any portion of Bonower's assets and sucb seizure is not dischazged within ten(1�)daYs,thet►Ixnder may. �.,��.�
<br /> at Lender's o tion,declare all of the sums secured by this Insaument w be ummediately dae and payable without .. � � ��=
<br /> p . ��.'..
<br /> � . prior aorice w Borrower.and Leader may imotW aay remedies permitted bY P��Ph 27 of this iaso�umem. � . , -�-_,_.
<br /> � .�:1': .
<br /> � Any atiomey's fees aad other eacpenses incurced by Lender m connection with Bonower s bankcuguy or any of . . • --=;
<br /> ' � ' the other aforesaid events shall be additional indebtedness of Bonowes secured by this�n �ment p�vaut to . � �!�-`-
<br /> . .� , P�ePb 8 hereof. . '�_
<br /> � ' 19. T�tANSFERS OF T8E PROPERTY OR BEN�FICIAL II�7�RESI'S 1N BORItOWEit. • . �'��:�
<br /> � .. �:.--__=
<br /> " ' ,� (a) Except as provided'm aubparagraph(c)of this para�aph 19.upon the sale or uansfer of(i) . .. . .
<br /> � . �'f . all or any part of the Property,or an}+interest therein.or(ii)beaeficial interests in Bosower(if Boaower is not , . _ . ..
<br /> a nat�ual person or persoas but is a co�poration.Parmership.trust or other legal enrity).Lender may,at Leader's . �.,
<br /> � • � option,declare aU of the svms secured by this�ent to be iunmediately due and payable,and Lender may � :
<br /> � invoke any remedies permitted by ParagrePb 27 of this Instrumen� � �
<br /> ' (b) For purposes of this paragraph 19.a sale or transfer of a beneficial ulterest in Bonower aLall . . . � • �
<br /> be deemed to include,but is not limited to: • �::`. .
<br /> ' . (i) if Horrower or any general partaer of Borrower is a corporaLOn or limited '
<br /> � liability wmpaay.the voluntary or involuntary sale,conveyaace.transfer or . � • �
<br /> • pledge of a majoriry of such corporation's or limited liability company's stock . .
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