LENDER OR ANY OF ITS AGENTS,
EMPLOYEES, OFFICERS OR DIRECTORS TO ANY CIVIL OR CRIMINAL LIABILITY, (C) THE
CONTEST SUSPENDS ENFORCEMENT OF THE IMPOSITION OR CHARGE (UNLESS BORROWER FIRST
PAYS THE IMPOSITION OR CHARGE), (D) UNLESS BORROWER FIRST PAYS THE IMPOSITION OR
CHARGE OR THE BASIC CARRYING COSTS ESCROW ACCOUNT HAS OR WILL HAVE FUNDS
SUFFICIENT TO PAY THE SAME, PLUS ANY INTEREST AND PENALTIES AS MAY ACCRUE IN
CONNECTION THEREWITH, IF REQUESTED BY LENDER, BORROWER SHALL, PRIOR TO AND
DURING SUCH CONTEST, FURNISH TO LENDER SECURITY SATISFACTORY TO LENDER, IN ITS
REASONABLE DISCRETION, AGAINST LOSS OR INJURY BY REASON OF SUCH CONTEST OR THE
NON-PAYMENT OF SUCH IMPOSITION OR CHARGE (AND IF SUCH SECURITY IS CASH, LENDER
SHALL DEPOSIT THE SAME IN AN INTEREST-BEARING ACCOUNT AND INTEREST ACCRUED
THEREON, IF ANY, SHALL BE DEEMED TO CONSTITUTE A PART OF SUCH SECURITY FOR
PURPOSES OF THIS SECURITY INSTRUMENT, BUT LENDER (I) MAKES NO REPRESENTATION OR
WARRANTY AS TO THE RATE OR AMOUNT OF INTEREST, IF ANY, WHICH MAY ACCRUE THEREON
AND SHALL HAVE NO LIABILITY IN CONNECTION THEREWITH AND (II) SHALL NOT BE DEEMED
TO BE A TRUSTEE OR FIDUCIARY WITH RESPECT TO ITS RECEIPT OF ANY SUCH SECURITY
AND ANY SUCH SECURITY MAY BE COMMINGLED WITH OTHER MONIES OF LENDER), (E) SUCH
CONTEST SHALL NOT AFFECT THE OWNERSHIP, USE OR OCCUPANCY OF THE PROPERTY, (F)
THE PROPERTY OR ANY PART THEREOF OR ANY INTEREST THEREIN SHALL NOT BE IN ANY
IMMINENT DANGER OF BEING SOLD, FORFEITED OR LOST BY REASON OF SUCH CONTEST BY
BORROWER, (G) BORROWER HAS GIVEN LENDER NOTICE OF THE COMMENCEMENT OF SUCH
CONTEST AND UPON REQUEST BY LENDER, FROM TIME TO TIME, NOTICE OF THE STATUS OF
SUCH CONTEST BY BORROWER AND/OR CONFIRMATION OF THE CONTINUING SATISFACTION OF
CLAUSES (A) THROUGH (F) OF THIS SECTION 4.04, AND (H) UPON A FINAL DETERMINATION
OF SUCH CONTEST, BORROWER SHALL PROMPTLY COMPLY WITH THE REQUIREMENTS THEREOF.
UPON COMPLETION OF ANY CONTEST, BORROWER SHALL IMMEDIATELY PAY THE AMOUNT DUE,
IF ANY, AND DELIVER TO LENDER PROOF OF THE COMPLETION OF THE
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CONTEST AND PAYMENT OF THE AMOUNT DUE, IF ANY, FOLLOWING WHICH LENDER SHALL
RETURN THE SECURITY, IF ANY, DEPOSITED WITH LENDER PURSUANT TO CLAUSE (D) OF
THIS SECTION 4.04. BORROWER SHALL NOT PAY ANY IMPOSITION IN INSTALLMENTS UNLESS
PERMITTED BY APPLICABLE LEGAL REQUIREMENTS, AND SHALL, UPON THE REQUEST OF
LENDER, DELIVER COPIES OF ALL NOTICES AND BILLS RELATING TO ANY IMPOSITION OR
OTHER CHARGE COVERED BY THIS ARTICLE IV TO LENDER.
SECTION 4.05. NO CREDITS ON ACCOUNT OF THE DEBT. BORROWER WILL NOT CLAIM OR
DEMAND OR BE ENTITLED TO ANY CREDIT OR CREDITS ON ACCOUNT OF THE DEBT FOR ANY
PART OF THE IMPOSITIONS ASSESSED AGAINST THE PROPERTY OR ANY PART THEREOF AND NO
DEDUCTION SHALL OTHERWISE BE MADE OR CLAIMED FROM THE TAXABLE VALUE OF THE
PROPERTY, OR ANY PART THEREOF, BY REASON OF THIS SECURITY INSTRUMENT OR THE
DEBT. IN THE EVENT SUCH CLAIM, CREDIT OR DEDUCTION SHALL BE REQUIRED BY LEGAL
REQUIREMENTS,