LIEN OR ENCUMBRANCE ON THE PROPERTY; (B) WHEN DUE
INSTALLMENTS OF REAL ESTATE TAXES AND ASSESSMENTS, GENERAL AND SPECIAL AND ALL
OTHER TAXES AND ASSESSMENTS OF ANY KIND OR NATURE WHATSOEVER WHICH ARE ASSESSED
OR
15
IMPOSED UPON THE PROPERTY OR ANY PART THEREOF; (C) OTHER OBLIGATIONS AUTHORIZED
BY THIS MORTGAGE; OR (D) WITH COURT APPROVAL, ANY OTHER AMOUNTS IN CONNECTION
WITH OTHER LIENS, ENCUMBRANCES OR INTERESTS REASONABLY NECESSARY TO PRESERVE THE
STATUS OF TITLE, AS REFERRED TO IN SECTION 15-1505 OF THE ACT;
(III)
ADVANCES MADE BY LENDER IN SETTLEMENT OR COMPROMISE OF ANY CLAIMS
ASSERTED BY CLAIMANTS UNDER SENIOR MORTGAGES OR ANY PRIOR LIENS;
(IV)
REASONABLE ATTORNEYS' FEES AND OTHER EXPENSES INCURRED: (A) IN
CONNECTION WITH THE FORECLOSURE OF THIS MORTGAGE AS REFERRED TO IN
SECTION 15-1504(D)(2) AND 15-1510 OF THE ACT; (B) IN CONNECTION WITH ANY ACTION,
SUIT OR PROCEEDING BROUGHT BY OR AGAINST LENDER FOR THE ENFORCEMENT OF THIS
MORTGAGE OR ARISING FROM THE INTEREST OF LENDER HEREUNDER; OR (C) IN THE
PREPARATION FOR THE COMMENCEMENT OR DEFENSE OF ANY SUCH FORECLOSURE OR OTHER
ACTION;
(V)
LENDER'S REASONABLE, OUT-OF-POCKET FEES AND COSTS, INCLUDING
ATTORNEYS' FEES, ARISING BETWEEN THE ENTRY OF JUDGMENT OF FORECLOSURE AND
CONFIRMATION HEARING AS REFERRED TO IN SUBSECTION (B)(L) OF SECTION 15-1508 OF
THE ACT.
(VI)
EXPENSES DEDUCTIBLE FROM PROCEEDS OF SALE AS REFERRED TO IN
SUBSECTIONS (A) AND (B) OF SECTION 15-1512 OF THE ACT; AND
(VII)
REASONABLE, OUT-OF-POCKET EXPENSES INCURRED AND EXPENDITURES MADE
BY LENDER WITH RESPECT TO THE PROPERTY FOR ANYONE OR MORE OF THE FOLLOWING:
(A) IF ALL OR ANY PORTION THEREOF CONSTITUTES ONE OR MORE UNITS UNDER A
CONDOMINIUM DECLARATION, ASSESSMENTS IMPOSED UPON THE UNIT OWNER THEREOF; (B) IF
ANY INTEREST IN THE PROPERTY IS A LEASEHOLD ESTATE UNDER A LEASE OR SUBLEASE,
RENTALS OR OTHER PAYMENTS REQUIRED TO BE MADE BY THE LESSEE UNDER THE TERMS OF
THE LEASE OR SUBLEASE; (C) PREMIUMS FOR CASUALTY AND LIABILITY INSURANCE PAID BY
LENDER WHETHER OR NOT LENDER OR A RECEIVER IS IN POSSESSION, IF REASONABLY
REQUIRED, IN REASONABLE AMOUNTS, AND ALL RENEWALS THEREOF, WITHOUT REGARD TO THE
LIMITATION TO MAINTAINING EXISTING INSURANCE IN EFFECT AT THE TIME ANY RECEIVER
OR MORTGAGEE TAKES POSSESSION OF THE PROPERTY AS IMPOSED BY SUBSECTION (C)(1) OF
SECTION 15-1704 OF THE ACT; (D) REPAIR OR RESTORATION OF DAMAGE OR DESTRUCTION
IN EXCESS OF AVAILABLE INSURANCE PROCEEDS OR CONDEMNATION AWARDS; (E) PAYMENTS
REQUIRED OR REASONABLY DEEMED BY LENDER TO BE FOR THE BENEFIT OF THE PROPERTY OR
REQUIRED TO BE MADE BY THE OWNER OF THE PROPERTY UNDER ANY GRANT OR DECLARATION
OF EASEMENT, EASEMENT AGREEMENT, AGREEMENT WITH ANY ADJOINING LAND OWNERS OR
INSTRUMENTS CREATING COVENANTS OR RESTRICTIONS FOR THE BENEFIT OF OR AFFECTING
THE PROPERTY; (F) SHARED OR COMMON EXPENSE ASSESSMENTS PAYABLE TO ANY
ASSOCIATION OR CORPORATION IN WHICH THE OWNER OF THE PROPERTY IS A MEMBER IF IN
ANY WAY AFFECTING THE PROPERTY; (G) COSTS INCURRED BY LENDER FOR DEMOLITION,
PREPARATION FOR AND COMPLETION OF CONSTRUCTION; AND (H) PURSUANT TO ANY LEASE