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Canve a or Trarrstr�r of i�t�Qrtv. �} �or agr� that if ;-�: <br /> ,_� °�r,,•: <br /> ,f4` �. , � Gr�ntor s�is. cm�.�ray�, tcart .�4`err. disgaseg of ar [eases or fu�thee e�cum�ess i�fte ¢-': <br /> � ::. <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 �:���.-` <br /> . :,:;: <br /> � �<<-T----- <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 : �� <br /> 3�fj ` <br /> �`� 4��� -; f instattment sates agreement wherein Grantar a�es to sell tfie C�G{a���or ara�part . �`�� � - <br /> f f , ��;..-�- <br /> �,� �,. . <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 �,��_ <br /> .,c�i.,, ,. i . <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 � <br /> n�.�,t.� - <br /> °°��; pursu��to the terms of the Loan Agreement � � . ��„=- <br /> _ , . . <br /> .�� � <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 <br /> . : ,.,, <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. . � �� <br /> �:��_:.� <br /> � � :��.��:��. .� - <br />_ ,�. i`iia�, � <br /> � � ' ss�eeanaemstamedrast�avr�a -12 .�•� <br /> ,: � , . . <br /> _ ,._ , <br /> . y. <br /> �. ,-?`;��' .. ,��;—^ � . � . . ��t,•i�!��`'�� <br /> - � • � . - , . ;,11 Pn�w.n6 _' _ . -� �� .. . . . .. 1• _. . . .. „ ��-'' ; <br /> . � . . <br /> .. . <br /> � . -i 4 . . . , � . . . „ i <br /> -. . .. . . <br /> - �� ' ' ' ft. .r�'. , �}�tl4�i�Lt Y`ti f . -. . " . ' . ,. _ . � .. . ' • n,�::��� ,����,ai��Y`_ <br /> .. , . <br /> . .. • -•, ,,. `i t . , � <br /> �- . �.. _. � . ; . �:� . . . - � . � <br /> ... - .... 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