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<br />``;... " _ (e) 'Y'rusto�agrees w 6ear aad shaU pay or reim6wse$3ea�eficiary on deman , �,`
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<br /> , ♦-:, :;; � �atl`re�sonable expenses (i�cluding,, v�ithout limitation, reasonabts a�Y�fc�� �.:. .:-
<br /> : disbursements,tide search costs and titte insvraace endersement premi 3 Y �.;
<br /> �..,�-:��°�� Bene ficiary in connectioa witb the review,aPPmval and docwneritatian of�ny suoh sate,� . �:_:
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<br /> � .:�::,:.;, conveyance,alienation.saortgag�,eacum6rance>Ple�ge or tcansfer. � F-
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<br /> i Beneficiary'sconsemto the sate or transfer of tI�Trnst Propersy vuill not be �-—
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<br /> _ . . , - • unreasonably witbhetd after cansideratioa of all relevant factors,.Pravided tb�at
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<br /> �,` : :�:,y�r;- �ao Event o�Default or ev�ent which with the giving of ao4ice oT the
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<br /> . . . Passage aftime wouldcanstitutean EventofDefaultshall have occurredandremain _ . ,
<br /> ,.°::; � uncure�; � �
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<br /> �'�.�'`.:,`�; � shall be a utableentity or
<br /> - �� �=: ` . ('�1) t�le p�iOpOSBd UStL4f�(°�� � '
<br /> : ` '•�'�;` � . pe,ason ofgood character,creditworthy,with sufficieat financial eNOrth consider�ng ;
<br /> -h-..�;;,�. , the ubligations assumal sud uaderBa�Cew as evidenced by financial statements aad
<br /> '`; ';;�;: other infomnatioa reason�b�Y reqaestea bY$eaeficiary;
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<br /> - 1,;;;��, t � .. . . , � ���have su�icienf
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<br /> `;� f: experience ia tlie owners3rip and t�nanage�nent of pragerties simits�to
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<br /> �, � � � Property,and BeneficiaN shalt be prnvtded aith�reasoaable evidenQe thereof(and
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<br /> . ' . ;�}�, `;�; Beneficiary reserves the right to apptuve the Transf��without a�pmviag the _ ____
<br /> . .;�;F� i., . subsdtuRion of the property maaager);" � .. � .
<br /> . � _
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<br /> :.�:.:�'::;:+, . - : � (iv) Beneficiaty shall bave t�econnmendatiotes iawriting frona�:1� .
<br /> ;�`�fi�' � pgeicies(as hereinafter definedj to tfte eflfect'tbai siuh t[atts�er will iaa�:t�sult in a
<br /> ., �:`��'�rr:''< requaliScation,reduc6on or withdiawal of any rating init�a��assig�ned or w iie . �,. . .
<br /> �,',�;: �. assigned�n a Seconda�!�Jiarket Trensaction(as�'d�fine�..:�teim� .
<br /> � . , "gat��n�gem�"ag t�sed hereia shall mean e;�a�f Staudard 8i Poa�°�L�atings
<br /> , :� a division of McGraw Hi�I Companies,Ync.,Mo�s Investois Service,�
<br /> �: . � • , Services. L.P. r an .
<br /> � . . Inc.,muff and Phelps Credit Ratiag+Co.and Fitch Investoss�eivice, ,o. Y ���',-:`.
<br /> .,. � ., other nadonally-recogoized statistical rating agency whielt�hs been.approved py' '
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<br /> � . . � Heneficiary;. . ,
<br /> _ . `��':''' . . . (v):;:::.,:�te��eree shall have executed aad deli�r�d to Beneficiary aa � �
<br /> •� �. . . ass�unptian�reementinform and subsfeuce accepiable W�neficiary,evid�nctng
<br /> • . .: such Transferee's agrae�nent w abide aad be bouad by the terms of ti�e�±iote,this ,.:
<br /> �.',. �'.. � � ...�eed ofTn�st and theoth�rLoaa�ocuments,Wge�herwith such Iegal�a�pr�ions and . .
<br /> :�.,'��' '� .`:..� titte insurance endarsements as m�►6e reasonably requeste3t�ny Benefc�ary;aad , .
<br /> .. . . . . (vi) Benefiaiary shall have received payment of aU costs and expenses � ��
<br /> . :. . incurred by Beueficiary in wnnection with such assumption(includi�t,.�sonable =
<br /> �� � � attomeys'fees and costs). . _
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