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<br /> �`'.�;�� eertaftciays ar Tru�#e�'s derr�an�l, Granto�sh�t! fumish Benefir�ary a su�ty ban� or
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<br /> ;� �`: o't�ter adequats s�t.uMy sat�adory #0 6+er�fia�ry s��asnt �h to €r�emnifyr
<br /> . .,,,,,...'. ,: „� Benefra�ry sg�ins4li�bility and hotd the Propariy tre�e ir+om�dvers�effe�t in the event �.��.
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<br /> � F �l . 1.48. Canve a or Trarrstr�r of i�t�Qrtv. �} �or agr� that if ;-�:
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<br /> ,f4` �. , � Gr�ntor s�is. cm�.�ray�, tcart .�4`err. disgaseg of ar [eases or fu�thee e�cum�ess i�fte ¢-':
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<br /> ,_.:,.::s�;,' C o i t a 2�r a!c r�r t y p o rt�on ther8of.either.vo(untartl y�*fc��tun�it y,oroYhe�ise.or enters :;; �
<br /> �''. into arr�/��j�eM to do so witho�at the rio�wri4�or�conssn�af H�aeficiary.Beeteticlary► r �
<br /> � I V� _ '_ Yji�vv��• � f.I._-
<br /> ;,�..:.�. ': shall�tave the�fg�tco dectare the then cuffi4anding prfnctga[ba�ance c�videe�ce�4 i��tche ;.�,�::_
<br /> ��r�::� : �;� Npte�c�er�edia4�ty due artd payabie,tog�fherwifi��ti�ccruect ae[ct unpafd�rest,�etd �:���.-`
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<br /> ,; ,�_ �/laint�r�arc� Fees artd other amaur�ts duQ [�er�a�der. 'F�e fae�;�4� �Ight to
<br />' . `•'� aCxeterate the indebtednsss ma b� exercise� � y tt�[e in �aa��' g�ala
<br /> ��.: Y' � :��: �-..:
<br />_�';�3��;�ff•.:.�.-';1;,j::; �iscret�an after tt� occuRence of any�.eu+�a�t described aba�r��d 4�h�;_`," . '.�:��f --:_
<br /> � :��'`"1 one or more inst�l3�nts frem any person tiiereafter s�all not�oae���.�ivaivet�cf , __-
<br /> ��:t Be�ehc�ry's rd�P►4. . 41` ;:_� =_
<br /> .��.. r�� � �.: ' �.^,°
<br /> , "%„�: �: . (b)6!�ate,conveyance.transfer.dispos�ion,l8as�o�encumbrance wtthin ��� ":`
<br /> 's''�` � � � :�he meaning of this Section 1.16 shaN be deemed to indualQ.��u�Ii�oR.�.an � . �y : ��
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<br /> �`� 4��� -; f instattment sates agreement wherein Grantar a�es to sell tfie C�G{a���or ara�part . �`�� � -
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<br /> .,,.; ,; , ,_ : � thereof for a prtce to be paid in tnsta�Ymerrts: (ii}ao agreenrtc.nt.by Gran�cF teasi�tg.��i;�r � .=
<br /> y` ` . �� � a s�bstan�at paR e�the Pncperiy for=a���than actual occ��ancy by a space.�at � --
<br /> ' �... ;,thereunder or a�t�:�ssignment or o�e�iransfer of,or th�gp�t�of a security iai;�t ��r--
<br />,`'tr;� . i. = � _
<br /> �'. � • ...;:.:��. Grantor's rigfit.�i�'t�e and int�ros4 in aas�to any Leases o��/Rerets;(iii) if Gran�+or�
<br /> ��'h �^` any Guarantor(as afc�ined in the t.oan Agreement),or any general p�or or memb�r � �: -
<br /> , � � of Grantor or C3uae��r is a aor�oratFon,tha voiuntary or Invoi�at►tary sa�a;�aanveyance
<br /> ::����t��,<. • ... r ��
<br /> ��.. "� , �r bansfer of suc�:.�±orpora�on's stock (or 4he stack af �e��a:;�orpo�on direc�ty or -
<br /> � ; � �;.�-
<br />-,�;:� , ::',. :: �` indirectiy oontc�Aing'such corporation by opera�on of law or a��rwis�)or the creat�on
<br /> �����b,.'t' :�' �` ���� or iss��e�s of new stock by whiah an agga�iata of mor� than 90% of such ritif_-
<br />:,f,�,.. , :.:.� . . �-��'�-
<br /> � oorporat�nsro's s�rac shali ba vested in a party or�a�kss who are not now stoc�Chotders;
<br />_ �"o;s,�,.��., � :. : ::f, Cnr) �f GraMor.�an���ar�Mor or aa�y ��ral partner or meanber,of Grantoc �r..�ny �,��_
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<br /> ��.�Y. � Guara�tor is a i"icinE,'�:�r general partRS��.�or joint ventra�;::�e chartg�..remce�v�����r �-__
<br /> ,R�� � , °� ` resigna�on of a ge�gs¢�a��r or ma�ig partner or the���sfer.af t�he parha�i.�i -_
<br /> : ...� :� interest o�arry ge�erat pae�irp���r managing partner, and (vj if�r�rtar,:a�y,Guafiantor �;-
<br /> '' or any general partner•ar �ati�iber of Grantor or any Guarantor Is � limifed liability ,-_
<br /> � �,.. � , ;�-.;.
<br /> �;� � �'��� � oompany.the transfer of tte8 membership interest of any member exc�pt as pe�ted �
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<br /> °°��; pursu��to the terms of the Loan Agreement � � . ��„=-
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<br /> ';��r � � 1.17. Actfan by Trustes. At any time, or from �n�e �c► tlme. wlthout ' °�� � .
<br /> ,����'�,., ; lia b i i t h e�e f o r a�r c��r i t h o u t rt o t i c e.u�a�t�c n n i t t e n r e u e s t�I�e m e�d a ry a n d p n e s a r�4i 4n . `°��
<br /> �x:�,: 1' z �Y , ,�,. 4 ti :-
<br /> . of t�is De�d�g 7�s�r:�nd the Note fa�andflrsement,an���.�;�ffecUng the���'r�t �_�_;
<br /> � ; . � ., ��� ,}?,:
<br /> �� ' liabilify of any pe�r��for payment of the indebtedness sar.c,it ;�;��tiaseb�+��the c��pf
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<br /> :.�;�,:.:,,. ; . � �; this Oe��of'�n���pon the�matnder of the Collateral.Trus " ;��yr��}�;(�oonvey�ny :w•=.
<br /> y., � ,,. paR of tiio Cptt�1X�1, (ii) consen4 in writing to the maktn� a# �r+y �p�c�r pfaa cf,the � :�
<br /> �•,h.
<br /> :;�����:;, .' � 'ProPerty. (ii��.j��i�.,,� granting any assament therean, or (i�).join fn any ex�er.�s�i�n , � �
<br /> -�r<sY�nf�:. �..
<br /> ;;;�:;��-F- ;,,,� .�� agreamant or any��Qreement subordie�a�ng the lien or charge k��eaf. . � ��
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