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90100180
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Last modified
3/7/2012 4:33:42 PM
Creation date
10/20/2005 8:26:13 PM
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DEEDS
Inst Number
90100180
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� � <br /> i <br /> __ _ � 90-- a 018 l� <br /> � 1 <br /> �� tim2s ow-a ai. Iea3� o��e percenc �IS} intereat i.n Grantur; or (i) if <br /> Grantor has made any aral or written material miarepresentation or <br /> failed to diaclose any material fact, in order to induce Beneficiary <br /> � to enter into the transactio� evidenced by the Note or other <br /> agreements which thia Deed of Trust secures. If ar�y of the events <br /> enumerated in the preceding subsectiona (a) to (i) ,incluaive, occux <br /> and if Beneficiary conaenta to the same or fails to exercise its <br /> right to declare all aums secured hereby due and payable, such <br /> � consent or failure shall not be deemed or construed as a wa3ver, and <br /> the consent of Beneficiary shall be requ9.red on all auccessive <br /> occurrencea. Further, Beneficiary may condition its conaent to the <br /> receipt of additional monetary consideration. In determining <br /> whether to conaent to a conveyance, sale or transfer of �he Property <br /> or interest therein, Beneficiary shall have the right to examine and <br /> determine the financial strength and creditworthiness of the <br /> proposed new owner and the professional management firm proposed by <br /> the proposed new owner (if management is to be changed) . <br /> Beneficiary may condition its consent upon an increase in the <br /> interedst rate of the Note to Beneficiary' s then current market rate <br /> � for new loans ,secured by property similar to the Property, and <br /> payment of a loan fee, and Grantor shall pay all costa incurred <br /> thereby, including anp cost� of amendin� the Note, this Dee of Trust <br /> or other Loan Documents and of obtaining a title insurance � <br /> endorsement. In the event ownership of the Property, or any part <br /> thereof, or any interest therein becomes vested in a person or ' <br /> persons other than Grantor without the prior written approval of ' <br /> L�n�f;.�iaiy� Bene£iciary may, without notiee to Grantor, waive such ` .' <br /> default and deal with such successor or successors in interest with <br /> reference to this Deed of Trust, the Note and the Loan Documents in <br /> the same manner as with Grantor, without in any way releasing, <br /> discharging or otherwise affecting the liability af Grantor <br /> thereunder or for the indebtedness thereby aecured. No sale of the � <br /> Property, no forebearance on the part of Beneficiary, no extension <br /> of the time for the payment of this Deed of Trust indebtedness or � <br /> any change in the terms thereof consented to by Beneficiary shall in <br /> any way whatsoever operate to release, discharge, modify, change or '' <br /> affect the original liability of Grant or herein, either in whole or + <br /> in part, nor shall the full force and effect of this lien be altered `:' �,�'� <br /> thereby. f <br /> �� <br /> Grantor shall pay all legal, title or other fees in con�unction ,`.��� <br /> with any transaction permitted by Beneficiary under this Section 12. • <br /> 13. Estoppel Certificate. Grantor, within five (5) day�, upon <br /> request in person, or w t n ten (10) days upon request by mail, <br /> will furnish to Beneficiary a written statement duly acknowledged of <br /> the amount secured by this Deed of Trust, and stating whether <br /> . Grantdor claims any offsets or defenses existing against the <br /> indebtedness secured thereby. <br /> 14. Statem�nts of Records. Grantor will keep accurate booka <br /> and recor s n accor ance w sound account principles in which <br /> 15 <br /> � <br /> � � ' � I_ J �� _ <br /> r �Q <br /> y �[�" <br /> �: <br /> --- ri <br /> Sti •. <br /> ! <br /> I <br /> � . <br /> ��� <br /> .=���a � � <br /> w, �� <br /> _,�A�i <br /> p J,_f� <br /> ' �Y' <br /> r(. <br /> .;c. <br />
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