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' � ' - - <br /> . . . ;,, .. o . i�: . _ � t,. �.c-�,y>�., �/ � k c� <br /> : .... " r_= c.�_...._.t_n..:Ar . - __.., -__C.. ^� c ` f" �c,___ — <br /> � . . <br /> -. -� . . ..Q -. \ _ - - ., .` . <br /> ( - ,4 S��j�. � 4 � . � � .�rt4vxar+'t+-'r�' <br /> .,.__ <br /> � 4.: <br /> J i <br /> 'S""f .. �. .(� ,14.. _c A .__ ...-_ _� - 5 .) r '` si _ ` ��. � �c'.. <br /> _.•.:' - ' • - ' - . <br /> . ... ;e, � .. - . . . '.`• [r <br />.. ,• �* .. . _ - ' a`�..�k+�.�,� . ` � Y y� ' � � � . .ry� `� � <br /> Q` - _ . , -n 6,- �, -�'�' �,- .: ;•i .:� . <br /> , _ _"�" " ` G`- " �E � .i� - . °� • `c 1� - <br /> �}� ti h � ' i _ ` '.. -' _ <br />. .� i �`•� r` � }q ,� � , ,r" t �'� - p < ,?��� '< �c.v• ' .:f+ - : Nr 6 t _ <br />.. ''�f! �V'`[. -'. . ,��' . 1„'_ �'v( t�,��'tY ' .. . c.�c •� <br /> .� - F .. �` ._ .,E ��� , ' . `�2. -. . <br /> ' � . f r � 'G 4. �' - r�. ,..c`� j �y q � � t -- <br /> , �- .-1, L . .. 1:.- . <br /> k_OY cl.�. �' . , 'b:` " c' _ . r_, .1� • • ` ei .`y�. . <br /> �. �e �`, � .. _ � � � _� . <br /> . - a , . , c. , . . -�.; . <br /> . . . '-;� _c: .- • t: .. . � . , .<„ �v..� - '.�'.. - ' '- <br /> . .eu �f"�. t.,4 .c. <br /> t�� t . <br /> . . . . . . . �.�:-. <br /> . 4i� . . . . ' . �V�_ <br /> :y r .� , . � _ <br /> �i:.`` ` � ' <br /> . - . �::.t,: � � 9�° i�� �� _- <br /> ......�-� � All�.eases entered inta after the c�te hereof shall grovide ttnat they are suboedinate w this �� `' <br /> ;`�=.-�° . Dee�of'fcust and that the tenant agr�to a3wra to Be�ficiary. <br /> � <br /> '.'.`,:�,:`� ' (c) TiusWr(i)shaU observe and perfomt aU the obligatians impos�xt upun the <br /> -f�`:: t lessor under the Leases and sball nnt do or permit w be dos4e anytbing to impair the val�e - <br /> .`�"• '. -:- � '- of the Leases as security for the Deb�(ii)shall promptly s�nd copies to Beneficiary of a11 <br /> _ � .�y` .��. �� . notic�s o�dsfaWt wiucb Tiuswr shell send�ar receive theteimder;('ui)shail enforce all the , - <br /> : •f� , � temns,�covenants and couditinns contain�d ia t�e Leases wpon the pa��f the tessee � . <br /> '�:�`�, ` ' thereut��e t��e abs�8r�rf�,ahert af t�nniaation ther�o�(iv�.shall not cAllect _. <br /> � +� any of the Rents n�ore thau one(I)month iw adrrance;{v)sbgll not�xecute any other <br /> ��:-` <br /> - _ . . sssignmentofthe lesso�sinterestintheLeasesortheRents;(i+�7s1ra11 detiverw Beneficiary, �,' <br /> .. . ;`' �-`.`` � � upon rr�qn�t,tenantestop�lcertific�tesfrQmeacb comruercialtenaat at the Trust Pr+ogecty �. . <br /> . i�form and substancereasona6lysetisfacwryt�Bensficiary,Provtdedthat Tn�swr shaU not . _ <br /> �:.� _ ` .•. :`. �e requ�ta de�iver Such c e r t i f�:a t e s more f r e q u e�t t y tban two(2)times ir�aay caleudar ! <br /> �.°`�.�' ' . year and further provided tliat any senant estoppel certificate�quired of Tenant under the � � ��. <br /> � •y � Office�ax Lease shall confo�w the fom�of tenant�estoppei certificate provided oa ar <br /> �•'. beforc the date her+eof W Heae�ciary;and(vu7 sball execute and deli6er at the request of _ <br /> _ � ' � Heaeficiary aI�sucb forther asswa�ces,confuma�ions aad a�ignments ia connection arith. _ <br /> . -f � the Trust Properiy as Beneficiary shall&am tdme.to titne require• ExcePt w tb�e etctent � <br /> . ;� `�� . . Tn�stor is acting in 4�ra ardi�rary+course ofb�siness as a�►tudent operatar of pro�y simi�ar . -- <br /> ; ;'-,.�:.�-;.`; j � � � w the Trast Propet�y,Tarustor(A)sball not,alter,mudify o�change tRe te=ms ofthe I,eases <br /> : , !: :�;; � iaanymatetiair�espectarithnutt��prioswrittenconsentofBeneficiarp,(B?sha�llnotcoavey <br /> . � ',` ortransferorsufferorpermitaconveyanceortt�nsferoftheTrustPropertyorofanyi�rterest � <br /> `` ',;�>f�� ,, .`k thereinso as to effecta mergerofthe estatesaad rig&ts o�oratermi�tion or c�inudoa of . <br /> , :��... . <i . <br /> �, ..:`:,J,.�' �. the obligations o�tenants under the Leases;(G7 shaU aot consent w any assigmaeut of or <br /> ��...� .;.:• !%- ., <br /> --..``�:..�°'�,s . suu2e�tiag u�der th�Le�noi iu a+xord�stse with their t�erm�,without the�iior writtea , .. _ <br /> -::�:-,;.,, ... ._.. _ <br /> °Y� consent ofBeneficiary,and(D)sbaUnotcancelorterminatethe Leasesor acce�ptasuriender . <br />- .•� `:t�ff�y�>�-: :i . . <br /> ��;��,, , ttierea�excePt if atenant is in defau[t thereunder,provided however,that aay Lease may <br /> '��`.�;;.�.ts�";,�. " ,:=� be canceled if at the time of the cancellat�oa thereaf a new Lease �is euter�d 'mto on . � <br /> ,,.,,,, _, . <br />- `��`� - - '=� ," �substaaa�lly the same teims��more favorabl�tem�s as the canceled Lease. <br /> ,,.. . . . , <br />_ ,,..�,� ; . . , ;.. . . . . <br /> �' <br /> �•tA:`�� � = � '�a1 Tn�ia��may enter iuto.PraPosed new Leases and proposed renewats or <br /> ..:;Y��� '�� � � <br />�;`;f.'�`;�r�-'�',:_ ' ; ' ext,ansions of existn� Leases witiwut the prior writt4s► consent of Heneficiary if such <br /> . . . pmposed Lease or extensioa(iy is not tor grEater thau Q,i.equal to�m Percent(10%)of the <br /> ;� -.. .�-`T gross teasablearea of t&e Tnist Progerty,or greater than ac�al to ten percent(10%)ofthe y <br /> ��' wtal gr�ss reveriues of the Tirost Frop�riy,(ii)shall havv��initial t,�#of�at lesstha�ntl� . <br /> `i��;� � � (3)Yea�or g�reater tban.ten(10)years,�i.u�.shall Provicte far r�l rat�s comparabte.taa :. .. �- <br /> , �. �rea , �.. <br /> : , � , � e�cisting to c a l mar k e t rates audshaU be a�erms-lengthtiransact�ony('`cia�s&�ll t�cgatain any'� ' <br /> . . r�. . <br /> ...�,��:;;.� optio�s for renewat or ex�aas�a+n by the fenaat thereunder at rental rate�s wt�ai���.re eitfler ._ <br /> .',.,� < '�. . ; . 6elow comparable nnarket levets or less ihau the rental retes pa�d by the tena�f�$euing the .. <br /> `. ;��`�;�,ti;±: '• .:{ . initial tease term,(y)shaU be to a tenant which�is experieaced,cre�worthy aad reputabte, <br /> � . arcd(vi)�hall compiy wit6 the requirements of su6pazagraPh(6)��!e. Tn�or a�y enter _ .. <br /> _. s <br /> . •�4 into a proposed tease which does nat satisfy alI of the conditions set forth in clauses(i) • _ <br /> . � � <br /> _— — -lfs� � � = <br /> • . • ; . _ <br /> L. <br /> � ,. . . .. . . , . , , <br /> . . . . , . . .. .. . <br /> � '. � � � . .. . � .- . .- . � � -, � � � .. l� - . � - � ,. ., � . . � . � � "� <br /> . ��. ,, . � : . . . .. � Y � . ... .� . � .� � �� � � • : . . <br /> I . .,. ; � : �. .� ' � : �� � � . . . ��, � ' � ���„ � � . " �, . . . � . � , <br /> . . . �; . . . <br /> . . , . . , , <br /> . , .. .. . . . . , <br /> .. . <br /> . , ., � . . . � . � <br /> . : .. • <br /> . . . . . , . ., . . ,� <br /> , . . <br /> � . . <br /> . . . . . <br /> ..:� � .:.-.... . ._ .. , . ._ . ._� � _S� . •- .''.A t_ <br />-{ .. •t. ` . .. • �.. � . .. �. �. . . . ' ' , • ' • ` � . � . � <br /> _ . . . - — <br /> - .• .� .- , . . .. ,y - - , <br /> u .,. .... . . . �- ---� ----- <br />