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<br />__�,},�.;... ��) pgn ic�H+T�ira•.Partv Tr n�sfer- If Trustor makes a written request to Beneficiary __.
<br />-���''�''�'� ("Transfer Request") for a third-party uanafer, Beneficiary will waive its
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<br />����� acceleration and pre�ayuient call xights unfler Paragraph 11(a) ,if the Loan is n�ot �--
<br />__ ---- then in default and the foliowing conditions are met:
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<br /> '� ' t��� (i) The following items� all of whicu must be satlsfactory taBeneficiary, in its
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<br />;_��,y��,;;: sole and absolute discretion. shall be aubmitted to Bene-�iciary with the —
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<br />--_`�� Transfer Request: °
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<br /> -"=''"� (A) The identiry an�d organizat�onal documents for tLe purchaser of the
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<br /> _--"�� (B) The financial statemGnts, financial strength, tax returns and credit
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<br />-.;;�i�ti� histary of the purchaser;
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<br /> '_�.�:��� (C) The current rent rol!for the Property;
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<br /> �_;��,., (D) The operating statements for the Property:
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<br /> ` "�'�� (i) A current year-to-date; and
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<br /> �"''�=�;'•�i�� (ii) The two most recent years/historical;
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<br /> `�"-`�-��� (E) The current leases for the Ptoperty;
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<br /> ___�.;�,� (F) A current environmental inspecdon report or tbe operty;
<br /> .=-_�� (G) The sale agreement and related documents;and
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<br /> --°°-°- -- — (I� A detailed description of ihe source of the purcl�aser's equity in the
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<br /> -°��`�� (ii) The purchaser evidences a history of property management satisfactory to
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<br />___.�;r�� Beneficiary or contracts for management of the Property with a property -
<br /> =_"'�`'.�.���`�� management firm satisfactory to Beneficiary.
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<br /> --___;+�u�� (iii) If the amount then due on the Note exa�ads seventy percent(709b)of the sale
<br /> -,:�;�-�,= price ef the Property, the balance due on the Ieiote shall be reduced to an
<br /> --=- ^'�- amount which dces not exceed seventy percent(709b)ofthe sales price and
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<br />--�•.�.�.� . the remaining montlily payments of principal and interest may bz adjusted to _
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<br />_. . . , amortize the reduced principal balance over the remaining term of the L.aan,
<br /> _ � . ' at Beneficiary's discretion. Any amount pre�aid under this provision may -
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