� � . .�. ' 'r � '?;: :•. -f-a ""�'�� _i. . r...
<br /> , . . -. 1 "y.�
<br /> "� �t. " _ " • - .���{',. '.._ - �.— � - z.. -'C�.�r'a'���y'�' . . �
<br /> ` ` '
<br /> _ �/!"':...` 4.1__--�e9i�C `4 . `C d.'S 4> � - , ` ly � . it� �y._.` xi'�_.
<br /> -1✓S�• ��� '•
<br /> '' .. '• �- � �' .'4 ..1 l� _...�� �'G.t _ . 1 _ t -
<br /> A
<br /> . . � . ._ . ` _. 'di`'
<br /> . 6� * .l' � t�'�" C Y � 4 t ".}
<br /> ..V-�.•t� ) i.�� . . f: ��. 7 L �� . �tf..�-it. { , � .,y.
<br /> •f � .� �- ,' .'� �. �r ' $ ` .e ' _ - >� L .
<br /> t. r., ,r t- 4"�
<br /> t 1 .� .l. .A 'Y�" {4! ��1, _ f• J' . '� 'tc.. t, l� �- :l� E. .
<br /> y_"r . •! i � t . y _ ' 4 .ir'c�..
<br /> _ �R -cl L r � +^�� c a'.'. ��4� -X,-� _
<br /> �_ 4 � `��' � •,�` ."�� _
<br /> -^'• �.�. . . .
<br /> .� .'.. .q. . ( .
<br /> l�'�'�V^ .<'` . _ . ' ��.-'.
<br /> . , �,.�� F. . . . . . - . . . .
<br /> • .t;�i <. '. . . . �, ' �.�.-.
<br /> . 't f ' • . . �".-
<br /> . . �r� � . � � �� g — �s�� � _
<br /> . ��� s ��.�
<br /> . . . ` .�,. thmt� v�`uamed�ately a�ove only vvith the,prior vnrittea cos�sent o�Ben ary, i_
<br /> �' 4't: � . �t . —_
<br /> �"�
<br /> �: .. canss�entnottobeunreasonabiy►witW�sldordel�yed.Tn�storexpresslyunde�rstaadsthatauy p�
<br /> :.� :: .. �
<br /> ��-����::` �:;;`,
<br /> � aad all new or pmposed Ieases are inctuded iaY&e definitioa�f"Lesse"or"Leases,°as such
<br /> ��r tenns may be usa9 ehsaughout tbis Moatgage aad the other Laan Documents: .
<br /> - f --
<br /> - � lic�nses and approvaLs� inctuding, without ���`-
<br /> :`' , ,. . (e) A!1 certificatiuns, Petmits, �ts uired e$al ��-
<br /> . limitadon,certifc�tes of campletiun and oceugancY P �1 for the t u�e, :
<br /> :�`;. �:. � � . havc beev abtaiaed aac! �
<br /> f,.. occupaacyand ogeration ofthe Tivst Property as a retail properiy, . ...
<br /> are in fiill for�e and effed.Any boad or other ins�entwhich Tnistor is germitted M hold �.
<br /> ` ` '' .� .�.�.--�� l�cabtele�ai recluinementsshall be maintainted �-
<br /> .��-',: �'_. :. �. � inlieuofc�ashsecuritydepositsunderanyaPp� _ _ __
<br /> � � ��• �- ^:-• ia full force mnd effect in the fiill amouat of sach deposits untess replar,ed by cash deposits �
<br /> � � as hereinat�ove descn'bed, sbaU be issued by aa iastihrtion reasonably,��isfacte�y t°. t;
<br /> ' ents,name Benefi�iary a� "
<br /> f :� �ene8siary,s�al�.if Pe�nitted P�t�to anY tegal rec�uire� , -
<br /> . � .r." ,., � . . ,. . IB t0
<br /> _ �aayee or Heneficiary thereuader (or at Heneficiary's optioa; be fully�ass?gnab
<br />`�:;��:.'��P .'�'-� ` ��Beneficiary)and sha11,in aTl respects,comply with any applicabl�legat requirements and -
<br /> � n ovide -
<br /> :_-",���.; • athetwise be reasonably satisfacwry to Beneficiary. Truscor shall,upa re�lues�P= ' _
<br /> - . '�`.:::�.�� .�#enefici�ry witb evidenoe reasonably satisfactory to H�c�aty af Tnsseo�s complisace � __
<br /> `,;. ...._ ..`�.�. � with the fongoing. Foltowing the ocau�rence aad during the cantinuance of au3r Event of . ; . .
<br /> � '."��.:."��'<�x ;; � Defautt,'I'rustar sball,upain Beneficiary's reguest, if permittetl6y a�►Y aPPlicable leg,al . ;
<br /> ,.;. . . _.
<br /> �: � sits(aud any in�eres�theretofare� ,
<br />-:J�_` . '` � . . . .-requitement�.mm over to.��+neficqa.ry Y�tY�° to�e Hetd b . .
<br /> ;h , , � �rne8 thereo�)with respect w all ar any poriion af itie Trnst�Pcoperty, Y
<br /> :,; �;Y �. , ;'3�nefidary snbject ta tite teims of the Le�ses,• . � . . .
<br /> �� ' �� � . �g 1��Per or Encambrap�,�f t�e Trnst Prooe�a��. �
<br /> .
<br /> �:� ,. � . .. �';• .
<br /> �;:: :. �;'� � �' and r�lied nn the .
<br />`` ` �� � � (a} Tnustar��c�owledges that Beaeftciary has eacamine� _ _-
<br /> , : ,�"�`�� . �:;�reditworduness aad�ence of Tn�stor in olvning and opaating P�oPerties suc�as the
<br /> �� -1 T W m�Zhe Loaa,and tbat Beae&ciah+will contiair�to:ely an
<br /> .. • � � �;: •. � Trust Property in agr�eing the value oftheTrust �
<br /> �.4 .� � ,• • '� �'mstar's ownership of the Tiust I�eriY as a meaas of maintainin8 =
<br /> , . ._� . �properiyas security for repaymentof the Debi. Trustos acknowtedges that Benef ciary has
<br /> .� � a valid inte�st in maintaisnng the value of the Tivst Property so as w gnsure that,should
<br /> ," .���, ' �, ,.. � Tri�torde€auit ia the repaYme�ofthe Debf,Be�eficiary can recover the lkbt tay a sale af -
<br /> _-", � � � �� • the Tn�st Propeny. �xcept as expresslyprovided herein,Tc�sior sbaU no�without the prior
<br /> � wri�ten consent of Benefic�ary. se11, convey. attenate, inortg,ag� encumher, pledSe ar
<br /> .. . �' '.� . . .. oraa thereof,orgermittheTirustPragenyoraa►y .
<br /> • :�. .��:_:s�therwisetransferthe►.�f�c�.stProperiy YF�
<br /> '. � . ' ��tart the���o be.sotc�,c�taveyed,al�enated,mortgaged+encumberea�,►'j���ged or othei�wise . -
<br /> _ .�;: �. � ,� transfer�:' ' . . . , •
<br /> , .,,. :.�; �: . �., : . . .
<br /> •� . !�' .�� (b) A sale,conveysncc,alienatiou,.mongage,encwnbrauce,P1edSe or ti�nsfer . . .
<br /> .. _.. • .
<br /> _- '•�.,,;�.'�. •�°t '��'<`within the meaning of this p�ph$�s�.��%deemed to inctude(i)an installmsnt sates .
<br /> �. ,�:. � . . agreeme�t wherein Tivstor agrees to sell the`Y"r6ast Prope�ey or any pari theieaf fmr a prise �
<br /> , , ..
<br /> . . - . to be paid in installnaents:(ii)m ag�ememby Tn�stor leasing aU ar a subst�tial part of the
<br /> . , .::� TrusE Property for oEher than actual occupaa�y by a space tenant thereunder or a sat� � .
<br /> . }. � . ' :;. . .
<br /> . , : -17- �
<br /> . . -� . , .
<br /> _ _ :-.� . _
<br /> :.: - -.�T=
<br /> , . . ,
<br /> ,. . .
<br /> . . . •
<br /> .,
<br /> _.� �.... . . - - -
<br /> -.�._.�;__.-._._>__ ,.:,,_�_��.�;�.: , -,
<br /> , .__.__ . . .
<br /> ,
<br /> . �:
<br /> . -- .e _. .. _ --- _ -..:- �--- -- -- - � - . -
<br /> . . . .
<br /> s,. .. .. �. . � . � . . , . , . . .
<br /> , , � . .. : . . . , ; .. � . . . '� ..
<br /> . .. . . - .,. ,�. . _ ..- —• -, , ° ' ' . ' . .. . .. -. . . . ' �
<br /> . . ;, � . . , . . . .. , . .. . � ..
<br /> .� �.. � � • ' .,� . i, - . ` . - <: ; ' . . . .• . ��.
<br /> ° . . - � ' _ : - • . . . . . . _� ,. . • ' . . .�t.. . . ' - . . �
<br /> --- � '-' ---'- - -- .�_ _. - --'-' -- — - - -- - -
<br /> -c.. . .' -- ...�-,- —._ -�:,.:-�,. ..�•�e: "_.�..__;__,���,'---.. . _._�— — •- -, .....— -- -- -
<br /> -. � �- -�- ` -'--
<br /> . . � .
<br /> �, , . _
<br /> _. :;• .
<br /> t, �,
<br /> , .
<br /> . .. .. . . : , .
<br /> r . .. • � .' • .
<br /> .
<br /> . .
<br /> . .. � t., i
<br /> ,
<br /> . .
<br /> . . - .,. . . . .
<br /> ...—_ _- .. ..—_ . .. . • � '.. •' b _
<br /> � .
<br /> _. _. — - _ �� . _ ' ' . . . .. �..:a.� ..._- � —...
<br /> . .
<br /> . .
<br /> .
<br /> ".. ..:.`..�-_- � " _ " .._ � "_ _.�.
<br /> � � . � .. � . _.___.... _. ......_� _. . ...._. . .._.
<br />
|