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<br /> _,, � videdalways,�t Srust�rshall pay s�costs(and if�uued�3+aeneficiarys y .,:
<br /> -- :�. iebuilding;pm �
<br />�";::;,'.`.,`.:. ,:� Tnisior shall deposit the total t�ereof with Beneficiary in adva�)of suc6 restoring, . :-
<br /> . rapairin�,replacing ot re6uilding in excess of the Award made ava�labl� shaU mean a ,
<br /> ��.�^ . °. , t�erms itereof As used hereiw the term "$ °�� �C�ndem a on --
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<br /> �. Condemnationwhere either(A)Trnstor_is oblig�to reswr�the Trust Prop�ty pursirant to , k°; .
<br /> .__`�_ _ :-.�. ��Offcemax Leas�,or(B)the Award�is in an.aggcegate amount less than fiReen percent : -
<br /> ,,..�,.�.�Y `.�#� (15o/Q)of the Qre�nal PrinciPal balaace ofthe Nat�,tbe T�aant does aot eled to teaninate -
<br /> ' � �'< the OfficemaQCLeaseas aproductof sucbCondemnation.the TrostPropercy caabe restored,
<br /> t,�,,.. � .} , cema c
<br /> � �:. �:,�: in the reasonabte,yud��r of Beneficiary,within six{6�montl�s and prIor m the ma2�arity
<br /> - - : ;:";�:; : �lftheNoteto an ecpzaai�a�itnot less vatuable(including an assessment ofthe impactof
<br /> -c`'`�. •����`; ` t�ie tenminationofany Lessesdue w suchGmdemnaiiou)and not less useful than the�same __
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<br /> :°:��� � was prior to the Condemnatiion, aad after such reswration will ade�uately seca�e the
<br /> _�f�.��,�-�;;�:} ; outstauding balance ofthe Debt. . . -
<br /> . °": � . nan Coudejnnations�ll,
<br /> , ,;.�.�.:.". , ,, . (�) Exceptasp�tridedabove�theAwardcallectedugo Y -
<br /> ''...•� at the option of.Beneficiary in its sole�o�,1�e aPPUed t�3�e pay°°�°f the Debi or . . .
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<br /> ',.`�•��+�, :;.: airin I or:ebirildin the _ _
<br /> ,.°.r :,,: -�r- appliedto reimbu�seTn�swr for the cost of rescoring,reP S�.�P� _ g _
<br /> . . ,. ` . . Trust Property or part theneof subject to the Coademnation,ui the mann�.�et forth�below,
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<br />. �.':'. ;,:`.� •�. ,z pny such applicationw the Debt shall be withoutany pr�paymeutconsid�ti�n except that . . •
<br /> , � �. .' � if an Event of Default,or aa event wa�notice and/or the gassage oftime`�wauld co�sdtute
<br /> �..J�,f,:.,,.�::,. ,i. :` . an Event of DsfaWt,has.ocxiured s�.the Truistor shall pay w BenefciaxY an additional �
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<br /> � °� amouat equat to the YieIct Maintenaace Premit�m,if a�►Y+that wou�d be required hereaandes
<br /> - � `��•�'�-� � if a Defeasance Deposit�vas to be raade b.y Trustor. Any sucb application to the Debt sball � .�,_ -
<br /> .. - ''����';;;';� �be�p. p = . -
<br /> haltottiose�entsof rinsipalandinterestlastdueundertheNotebutshallnot
<br /> � _ .__ ���:' � ne otherwise rec{uired pu�suan;w tLe Note other tir�n sucb last due
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<br /> � payments and (i�cause the Note w be r�amorti�in accordance wit�its�ms a�d _ "_
<br /> , ,:�::��; . conditions. If ttce Tivst Propercy is sold,through foreclosure or othe�rise,PYaor to the c _
<br /> � ��,� receipt by HeneScisry�of such Award,Benefieiary shaU Ireve the right,'�vh�th�r or not a • __
<br /> � �� deficiency judgmeat on the Note shall be recoverable or shall have 6een sougbt,recoverecl ,
<br /> �• � . � or denied,to receive aU or a gonioa of said Award su�cient to'pay Qa�Debt : -
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<br /> . � :.� �;��.:;. . (d) In ttce event Trustor is entitled t�reimbursement out of the Award received __-
<br /> . .•,'�p :; � � sball l:e dis6iused from time to time upon Beneficiary ixiag � -
<br /> � by BeneSciary,sucb Proeeeds used . . _
<br /> � � '� �:' . #�umished with{1)evidence satisfaceory to it of tlie esti�nated cost of completion of the =-
<br />- � � restoration,rePair�rePlacementandrebuildingresulting from sucb conde�natian,(2)fuuds °
<br /> �,.��-�,,��;s; `;� . �or, at Seneficiary's option, assurances�satisfactory to Beneficiarx that sucb fiu�ds�are. . �-_
<br /> � � •�`�� � avaitabte, sufficieat in additioa W the pmceeds of the Award to comptete the proposed _.
<br /> ,;::,:, .�.� : ., ,. -
<br /> .,;,�,�5;., .:, . .. � restoration,repa'v,replacementaad rebuilding,and(3)suah azchitect's cer't�ficates,waivers • �o
<br /> �.... � • of lien,contracto�'s swom stateanents,due insura�►ce endorsements,bonds.Plats of survey �_
<br /> �����t'•`� � a ad saab other evidence�mf costs,payment and perfomnar►ce as Beneficiary may�reasanabiy . � !��-
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<br /> ,.,�, ;.�:;,P��, . require and approve; �d Henefici�y► may, ia any event, re9uire th�t all ptans and . � -
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<br /> -:.t�;".:,,., �°� � specifications for sucb.restoration,repeir,replacement and a�building be submitted to aad �:,
<br /> � nor W wmmencement of work. �to payment made priar to the �'=-<
<br />- : � � aPproved by�t.�ne&ciary p� .. ►�:':;
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