BY APPLICABLE LAW, INSTITUTE PROCEEDINGS
FOR THE PARTIAL FORECLOSURE OF THIS SECURITY INSTRUMENT FOR THE PORTION OF THE
DEBT THEN DUE AND PAYABLE, SUBJECT TO THE CONTINUING LIEN OF THIS SECURITY
INSTRUMENT FOR THE BALANCE OF THE DEBT NOT THEN DUE;
(V)
SELL FOR CASH OR UPON CREDIT THE PROPERTY
AND ALL ESTATE, CLAIM, DEMAND, RIGHT, TITLE AND INTEREST OF BORROWER THEREIN AND
RIGHTS OF REDEMPTION THEREOF, PURSUANT TO THE POWER OF SALE, TO THE EXTENT
PERMITTED BY LAW, OR OTHERWISE, AT ONE OR MORE SALES, AS AN ENTIRETY OR IN
PARCELS, AT SUCH TIME AND PLACE, UPON SUCH TERMS AND AFTER SUCH NOTICE THEREOF
AS MAY BE REQUIRED OR PERMITTED BY LAW;
(VI)
INSTITUTE AN ACTION, SUIT OR PROCEEDING IN
EQUITY FOR THE SPECIFIC PERFORMANCE OF ANY COVENANT, CONDITION OR AGREEMENT
CONTAINED HEREIN OR IN ANY OTHER LOAN DOCUMENT;
(VII)
RECOVER JUDGMENT ON THE NOTE EITHER BEFORE,
DURING OR AFTER ANY PROCEEDING FOR THE ENFORCEMENT OF THIS SECURITY INSTRUMENT;
(VIII)
APPLY FOR THE EX-PARTE APPOINTMENT OF A TRUSTEE,
RECEIVER, LIQUIDATOR OR CONSERVATOR OF THE PROPERTY, WITHOUT NOTICE AND WITHOUT
REGARD FOR THE ADEQUACY OF THE SECURITY FOR THE DEBT AND WITHOUT REGARD FOR THE
SOLVENCY OF THE BORROWER OR OF ANY PERSON, FIRM OR OTHER ENTITY LIABLE FOR THE
PAYMENT OF THE DEBT;
(IX)
ENFORCE LENDER'S INTEREST IN THE LEASES AND
RENTS AND ENTER INTO OR UPON THE PROPERTY, EITHER PERSONALLY OR BY ITS AGENTS,
NOMINEES OR ATTORNEYS AND DISPOSSESS BORROWER AND ITS AGENTS AND EMPLOYEES
THEREFROM, AND THEREUPON LENDER MAY (A) USE, OPERATE, MANAGE, CONTROL, INSURE,
MAINTAIN, REPAIR, RESTORE AND OTHERWISE DEAL WITH THE PROPERTY AND CONDUCT THE
BUSINESS THEREAT; (B) COMPLETE ANY CONSTRUCTION ON THE PROPERTY IN SUCH MANNER
AND FORM AS LENDER DEEMS ADVISABLE; (C) MAKE ALTERATIONS, ADDITIONS, RENEWALS,
REPLACEMENTS AND IMPROVEMENTS TO OR ON THE PROPERTY; (D) EXERCISE ALL RIGHTS AND
POWERS OF BORROWER WITH RESPECT TO THE PROPERTY, WHETHER IN THE NAME OF BORROWER
OR OTHERWISE, INCLUDING THE RIGHT TO MAKE, CANCEL, ENFORCE OR MODIFY LEASES,
OBTAIN AND EVICT TENANTS, AND DEMAND, SUE FOR, COLLECT AND RECEIVE RENTS; AND
(E) UNLESS PROHIBITED BY APPLICABLE LAW, APPLY THE RECEIPTS FROM THE PROPERTY TO
THE PAYMENT OF THE DEBT, AFTER DEDUCTING THEREFROM ALL EXPENSES (INCLUDING
REASONABLE ATTORNEYS' FEES AND DISBURSEMENTS) INCURRED IN CONNECTION WITH THE
AFORESAID OPERATIONS AND ALL AMOUNTS NECESSARY TO PAY THE TAXES, INSURANCE AND
OTHER CHARGES IN CONNECTION WITH THE PROPERTY, AS WELL AS JUST AND REASONABLE
COMPENSATION FOR THE SERVICES OF LENDER, AND ITS COUNSEL, AGENTS AND EMPLOYEES;
(X)
REQUIRE BORROWER TO PAY MONTHLY IN ADVANCE
TO LENDER, OR ANY RECEIVER APPOINTED TO COLLECT THE RENTS, THE FAIR AND
REASONABLE RENTAL VALUE FOR THE USE AND OCCUPATION OF ANY PORTION OF THE
PROPERTY OCCUPIED BY BORROWER, AND REQUIRE BORROWER TO VACATE AND SURRENDER
POSSESSION OF THE PROPERTY TO LENDER OR TO SUCH RECEIVER, AND, IN DEFAULT
THEREOF, EVICT BORROWER BY SUMMARY PROCEEDINGS OR OTHERWISE; OR
(XI)
PURSUE SUCH OTHER RIGHTS AND REMEDIES AS MAY
BE AVAILABLE AT LAW OR IN EQUITY