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��14�5�34 created by the L�an I]ocurnents unless such �Iaims for payments are bein contest�d in � ac�ardance w�th the terms and c�nditions of this De�d o�Trust. Secf��n 3.14 �etter af�red�t,��. If�rant�r �s at any time a benef c�ar �ander a . . .�-• , , . Y �ett�r o�cred�t r�iat�ng t� t�e propert�es, rights, t�tles and �n�erests referenced in S ect�on 1,1 of t�� I]eed of Trust now or hereafter issued xn fav�r �f Grantar, �ra�tor shal� r�m t� not�� p � Y Y L�nder thereof and, at the request and optior� of Lender, �rar�t�r sha1�, pursuar�t t� an a reemen� • . . . � rn �arm and �ubstance sa��s�actory to Lender, e�t�er �z} arrange for the �ssu�r and an conf�rm�r . , �' af such ��tt�r �f cred�t t� �onsent to an ass�gnment to L�n�.�r of the proGeeds of an draw�r� . .. y � under the lett�r of�red�t or [�� arrange for Lender t� becom� the transf�re� benef�c�ax �f the . , Y �etter of�red�t, w�th Lend�r agreeing, �n each �as� that the pro�eeds of any drawin und�r �h� . . . � �etter of cr�d�t are to be app�ied as pr�v�ded �n S�ction 7.� of th�s Deed of Trust. Secfion 3.11 No �Vl�r�er, of,Fee and Leaseh��d ��tates. So �ong as any por�i�n of the �� m�nnm.�r irnm��rn �ririr�� �]ebt shai� rema.in unpa�d, un��ss Lender sha�l otherwis� c�nser�t the fe� t�t�e ta the Pra e , p rty anc� th� leaseho�d estat� therein created pursuant to th� prov�s�ans of th� �perating Leas� sha�l nat merge but shali a��vays be kept separate and�i�stinct, r�otwithstanding the un�on af such estates in �ran�o�•, Lender, �r in an� other p�rs�n �y purchase, operation �f Ia�v or atherwise. Len�er reserv�s the right, a� any tim�, to rel�a�e portians af th� Proper�y, ��c�uding, but not ��rnited to, the leasehold �state cre�ted by the �perating Leas�, w�th �r w�ithout cans�derat��n, at Lender's ei�ct�on, without �aiving or affecting any of�ts r�ghts hereu.nder or under the Note �r the other Lnan D�cum�nts and any such re�ease sha�� n�t a�'fect Lender's rights �n c�nn�ct��l vvith the �art�on of the�'roperty n�t so re�eased. Section 3.12 Ac ui��t��n af Fee�state. So �ang as an�r port��n af the��bt remains unpa�d, in the�v�r�t that U�--IIL 7, LL�, sha�� be the�wner a.nd ha�der�f the fe�title ta the Praper�y,the ��n of the D�ed�f Trust sha�� be spread to �over such Grantor's fe�t�t�e to the � Property w�thout any further act�on. �rar�tor agrees, at its sol�c�st and e�pense, including without ��r�itat�on L�nd�r's reasanal��e att�rneys' fees,tn �a�e�e�ute any ar�d all doeum�nts or �nstruments necessary to ac�omp��sh th�farego�ng; and�b}provide a tit�e insurance policy v�hich� sha�� Ynsure that the�ien of the I]eed of Trust �s a f rst lien an�rantor�s f�� tit��t� the Property. ARTICL� IV-- �BLIGA'I'I�NS AND �tELIAN�� SectYon 4.1 Re�a��onshi �f�rantvr a�d L�nt�er. The relati�nsh�p betvsr�en �rantor and Lender �s s�le�y that vf debtor and creditor, and Lender has �.a fduc�ary or ather sp�c�al rela��onsh�p w��h Grantor, and n� term. �r c�nd�t�on of any �f the L�an.Agreement, the Note thi� � 1]eed �f Trust ar�d the �th�r Laan D��um�nts sha�� be ��nstru�d so as to de�m th� relatiansh�p b�tvve�n �rantor and �end�r to be other thari that of debtar and cred��or. Se�t�on 4.2 No Re��an�� on �.ender. The ger�era� partners, members� pr�n�ipa�s a.r�d �if Grantor �s a ��-ust} benef�c�al a�vners of �rantor are �xper��nced �n �he own�rsh�p and operat�an of pr�perties similar to th� Pr��er�y, and �rantor and Lender are re�y�ng s��e�y upon su�h expertis� and bus�ness p�an in connect�an with the ownership and op��at�on af the Prop�rty. �ran�or �s no� re�ying �n Lender's e�per��se, bus�ness a�umen or advice in c�nnec�i�n �rxth the Pr�perty. �2 ��os4s3��y�