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( � � ( <br /> proceedings,any post judgment collection proceedings,any probate nroceedings,and in <br /> connection with all negotiations,documentation,and otha actions relating to any workout, <br /> compromise, settlement or satisfaction of any of the Secured Ob]igations or any other <br /> obligations uf Boaower under any of the Loan Documents. All such costs,expenses and <br /> fees shall be payable on demand,shall bear inter-st from the date of disbursement at the <br /> lesser of the Default Rate under the Note,or the maximum rate pe,-mitted by law, and sha11 <br /> be secured by this Deed of Trust. � <br /> ARTICLE IX <br /> (;ENERA� <br /> IX,I N�Q1TSti. Borrowe�'s obligation to rimely pay and perform all obligations <br /> under the Note,this Deed of Trust, and the other Loan Documrnts shall be absolute and <br /> unconditional and shall not be atfected by any event or circumstance including,without <br /> limitation, any setoff,counterclaim,abatement, suspension,rxoupment,deduction, defense <br /> or any ether ri�t that Borrowa or any guazantor may have or claim against Len•ier or any <br /> other person or entity. The foregoing shall not constitute a waiver of any claim or demend <br /> which Bocrr.•,ver or any guarantor may have in damages or otherwise against Lender or any <br /> other per,on or entity,provided that Botrower shall maintain a separate action thereon. <br /> IX.2 Anolication of Payments. Except as applicable law or this Deed of Trust may <br /> othcrwise provide, all payments receieed by Lender shall be app]ied to payment of lhe <br /> following,in such order as Lender, at its option,may determine: (a)Lender's and Trustee's <br /> fees,costs and expenses described in pazagraph 8.10 above; (b)interest payablc on advances <br /> made to protect the security of this Deed of Trust;(c)principal of such advances; <br /> (d)amounts payable to Lender by Boaower under Article III fbr reserves; (e) interest and <br /> late charves payable on the Note; (fl principal of the Note; and(g)�y other Secured <br /> Obligations. <br /> IX3 $e�Yances. Upon payment of ap sums secured by this Deed of Trust, <br /> Lender shall request Trustee to reconvey the Property and shall sunender this Deed of Trust <br /> and all notes evidencing indebtedness secured by ttus Deed of Trust to Tcustee. Ttustee <br /> shall reconvey the Property without warranry to the person or persons legally entitled <br /> thereto. The grantee in any reconveyance may be described as the"person or persons <br /> legally entitled thereto," and the recitals therein of any matters or facts shall be conclusive <br /> proof of the truthfulness thereof. Such person or peisons shall pay Lender's and Trustee's <br /> reasonable casts and expenses inc�ured in so reconveying the Property. <br /> IX,q S , . .���5�,or Tr�ste'. In accoruance with applicable law,Lender may from time <br /> to time appoint a successor trustee to any Trustec appointed hereunder. Without com�eyance <br /> of tt�e PropeRy, the successor trustee sha11 succeed to all title,power and duties confened <br /> upon the Trustee herein and by applicable law. <br /> IX.S 1.gnde�s Powers. Without affecting the liability of any person for payment or <br /> 22 <br /> 98 � 60 i. O9g4 <br /> ( <br />