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<br /> ' ` �'£' � j _ . �3 ..1 15 a `�`:.� �+t. . ,. �- 'tiTC�- . �... .. � % � '. _
<br /> ' . � -;t t ,��. __._,_,_,y,k=�� .,,=.`..L '_._.�r',s.._..`v:.,�'..Y.l.S.a.�-.�[�ti.i.....�L,.__.:.._E.-.-.-.,....,....1�,---'�.�N'.�i'LC�t. �
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<br /> ' .` .. � ., . � �y� '.L+��_t
<br /> • � ��� ��.�-� ..�;_,�.
<br /> � • satisfy all tt►e conditeons in the foregoing clauses r}through(vi1 only wi��e prior censent of ., , �ti�
<br /> �. . ° ;
<br /> � . - 8eneficiary, tivhich may not be umreassnably wit�held or delayed. Beaeficiary's failure to _._.�
<br /> � , appra1e or disapprove final e�cecution capies of auy pmposed new t.eas�madiScation,renewal • ,�:.,;:
<br /> or exteasaon withir 30 days after Heneficiary�s re.ceipt thereof sball be deemed to constitute ,��.':;,,. .
<br /> , .�-; m fumished to BeneRciary '��
<br /> -- , -- . • $eneficiary's approval thereo�prodided Tn�star s3fa11 have P mpt1Y _ ..
<br /> • : ' . ; any pertinent informatian teasoaably• requestecl by Beneficiary in connec:tion wit� 6ts ;r
<br /> , . ``` consideratioa •r��
<br />- .-_ ,��_�r :,,-.. ,;
<br /> .��. ii. �.�<'; ��Lu13.'".�..
<br /> -;=..,: (d) Trustor (i)s�tali observe and perfamn the tnateaial oblisations .=•��
<br /> . ' :.;:� imposed upan the less�r under the Leases and shaU not do or pecmit anything to impair the value
<br />- c�.,: ..:-%;; of the Leases as se��ity for the Debt; (u)s1�aU promptly send copies to Benefciary of all _
<br /> --�':s y�'..-; : notices of defanit that Tn�stor sha�l send or receive thereimder;(ii7 shall enfarce,ut accordance . ' .
<br /> sh 1 -F'r=:
<br /> . . with commer+ciaU reasonable practices for properties similar to the Tiust Property, the terms, ;;4�'a
<br /> . y >.
<br /> . covenauts and conditions in the L.eases to 6e aBsec+r�!or perfoaned by the lessc,es,s�mrt of ��
<br /> .��. . _ :-
<br /> , �' � a, tennination th�r+eoF (iv) s1�a1� unt collect any of the Rents more than one muniTa in ad�r�e �: :.
<br /> . :� .,.;;: ,. L,. .:,-."..,•`.
<br /> ��: (other titam sec�uitg degasits};�tr�&��II�Y Q[�i1fE��t 4T�T�Sl$DIIletli Of I�SOI`S lIItCf�S�Jlk'� � :
<br /> �u
<br /> � }� � Leases or the�(except as contempIated by the�Y?ocumeuti5};(vi�shall scot ffiadi4�asty t: �r
<br /> .:� r� ;i;rn�
<br /> . • , Lease in a mamier inconsistent with the&.aa�I?QC�mit�t�;(vu�shall mot convey or trans�..ar �`,����
<br /> � .:` . suffer or peanit a conveyance or transfer vEf�c'Fa�:�'copeny so as to eH'ect a merge��e£ii�:e . _ --_
<br /> f,��Qn
<br /> •- estates and rights o�or a t�minatioa or dimi�aution of`the ohligatiuns of,lessees under� f-.
<br /> y Lease other thaa a�e. °�`%<��j
<br /> (viii)sbaIl�aat conseat ta any a�siSnmer►�af as subldting�mder� ( . �,
<br /> ,v��,3.t;,'�. .. - thai did not requ�re'the prior con�ent of Bc��ficiary pursaant to Paragraph Z(c) above��.a�'�n : _ -
<br /> 1�:. �i'�: r { R�.xr.i.'
<br /> . .,. �; accordance wi�a a��t�s Q+itlwut t�e �prgvr cas�t of Bene�iciaryr, whic�. may avt be � - �,:,-.
<br /> . . ,. . umreasonably wit�Y�°Qi�c�� aud(ix}slaaU nflt`cancel or teiminate any Lease or accept a '
<br /> ----. -. � :�"� sumender thereof ..avit�ut�"t�g�r oom��..s�f Heneficiary, which may not be unre�sonably . . �-„°�`
<br /> . � � � witbiheld or detaymc�.: ' . 'Y ` :
<br /> - �y ,,' �,c���ir
<br /> . �"- . �.. . 3. . Use�nff Tmsti'rQ�a�: T�aA shall not initiate;join in,a.cquz�:� � �r ',' ,_
<br /> � zonin law or o4�er lic o�I���te �`:.0�`
<br /> conse�ixi�any cban�e in a�.���ivate restrictive r,mv��, S P� � . �'�'�`z'
<br /> r•i
<br /> : re�nctia�;limitia;g o�.defiis���ihe nses wtuch t�;1�made o�thg Tn�s't Pmperty. �&�: ,►{t��' ���, ��;�`��ffy �'��.
<br /> 1�.�{'ti� �� app�ica4�le �a�ions'ti�e use of t�ee.Taust�s�r is�r�all become a nouco�d� `•_ . ' � ' yr`j:�
<br /> ' � ' ,s:,
<br /> i .{i. . � ��� ��,��iEi�
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<br /> use,T�isWr sha�b"��e��,pesmit sac&x.��oon��:%iii8�as�I�i��discontinued or a��: ,� ��f
<br /> sa .
<br /> ,� �;
<br /> � t�� wit��t�Ce wnsent of B�. Trust�s�ll ao#`��}�c'hange the use of the Tnist Prog�cty;(ri) , , �
<br /> � � � permit aY suffer to occur any�ast�on a�rt��iae�'rust Property or(iii)take�any st�eps f�.com+ert . .'•�s,;
<br /> . . . . � the Tn�st Properiy M a condominium or stiia��erative fonn of owneisbip. .�'�r.;:~. '`--
<br /> ,•� �<<��
<br /> . . ;t,,.. . -;-
<br /> . � q. ���ec or Eacamtbrauce o! the R'rnst Yronerty. {�a�;�.�'�stor '±"'°_
<br /> . �..`..;:.:� acluiowtedges Wat (i)He�eficiary has examined and relied on the creditwortbiness and � �_ti_
<br /> �: .�°j experience af E�e psincipals of Tinswr im owning and opc�ating properties such as the Tivst ;
<br /> : �prnpe�ty in ag�ng to make the Loan, (ii)BeneSciary will continue to rely on Tn�sto�'s • ��_
<br /> " ° . :`,.:� owaeislup of tiie'Fiust Properiy as a means of�aintaining the vatue of the Ttust�roRp�ty as ;.f � .'
<br /> � < sec�uity for the Debt, and rii)Benefciary has a valid interest in maintaining tlie val�e of the �':.:
<br /> . � .. ;;�`; Trust Property so as to easur� that, should Tnutor default ice ttae repayment of the Debt, ..;�;,,.• , �•. ._-
<br /> . . Hene�ciary can recover the.Debt by a sale of the Tnist Property. Trastor shall aot sell,canvey, � � . .; ..;:,
<br /> , _
<br />- � -� alienate,mortgage.encum6er,pledge or otherarise transfer the Tmst Property or any�Ct t�'r�eo� � �i�.`�
<br /> _ �:; .. , :.�, , . , .....
<br /> ,.��' .: or su�'er or peraait any Transfer to occur,other than a Peluutted Transfer. ,�:
<br /> `?�, • 1 .
<br /> ', l;�,.: ! :���... (6) :,;::�3�eneficiary shall not be required to demonstrate .any actual .
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