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2� 1 ��7977
<br /> �E� an e�ent of damage, destruc�xan or los s �r a taking under the power of
<br /> eminent domain ar�x�Ce power �or transfer in l�eu �f such taking} sha.l� ha�e had, in the j udgment
<br /> af the Beneficiary, a materia� adverse effect on �he ability �f th� Grantor t� pay ar perform the
<br /> �b�igations.
<br /> Sectian 4.��. AcceleratYon af Matur�ty. If an E�ent of Default shal� ha�e occurred
<br /> and be c�n�xnuing, the Benef�ciary may deciare �he �bligations ta be due and payab�e
<br /> xmmediate�y by a notice �n writing to �he �rantor and any Lessees under the Lease Documents,
<br /> and up�n such declaratxon, ali �bligations shall became due and payable xmmediate�y, anyth�ing
<br /> contained herexn or in the Lease Do�uments ta the c�ntrary notwithstand�ng.
<br /> Se�txon 4.�3. Remedies �f the �enef�ciary. If one or more Events of D�fau�t sha11
<br /> occur and be contxnuing, the Beneficxary �personally or by attorney}, in xts discretxon, may:
<br /> �A} take immediate possession of the Trust Estate, c�llect and rece��e all
<br /> credi�s, autstanding accaunts and bxl�s rece��able �f the Crrara.t�r and al.� rents, �ncome, re�enues,
<br /> pr�fits ar�d praceeds pertaining to or ari.sing fram the Trust Estate, �r any part there�f, whether
<br /> then past due ar accruxng thereaft�r, and issue binding receipts therefor; and ma.nage, c�ntrol and
<br /> aperate the Trust Estate as fu��y as the �rantar might da if in possession thereof, inc�uding,
<br /> wxthout limita�ion, the making af all repairs or rep�acements deemed necessary or ad�isab�e;
<br /> (B� pr�ceed to pratect and enfarce the rights of the Grantar and the rights of
<br /> the Beneficiary by suits or a�tions in equxty �r at law in any caurt ar courts of campetent
<br /> �unsd�ctxon, whether for specific �aerformance of any co�enant or any agreement conta�ned
<br /> herein or in any Lease D�cument or in aid �f the e�ecutian af any power herein granted or for
<br /> the f�recXasure here�f ar hereunder or for the saie af the Trust Estat�, or any part there�f, or to
<br /> cal.�e�t the debts hereby secured or for the enforcem�nt of such other or additional appropriate
<br /> lega� ar equitab�e remedies as may be deemed necessary or advxsab�e ta protect and enforce the
<br /> rights and remedies herein granted ar conferred, and in the event of the institu�ion af any such
<br /> acti�n�r 5u�t, the Beneficxary sha11 have the right to have appointed a recex�er of the Trust Estate
<br /> and of a�1 rents, income, re�enues, prof�ts and pr�ce�ds p�rtaining t.hereto or arising therefrom,
<br /> vvhether then past due or accruing af�er the appointment of such recei�er, deri�ed, rec�ived or
<br /> had from the t�me of the commencement af such suxt or actxan, and such receiver shal� ha�e al�
<br /> the usual pawers and duties of recex�ers in like and sxmi�ar cases, to the fu��est e�tent permitted
<br /> by 1aw, and xf application sha�.X be made for the appaintment of a rece�ver, the Grar�tor hereby
<br /> �xpressly consents that the court to wh�ich such applicatx�n shall be made may make said
<br /> appoxntment e� arte; and
<br /> (�} request the Trustee to se�X or cause t� be so�d a11 of the Trust Estate ar any
<br /> part thereof, and a11 right, txtXe, in�erest, claim and demand of the Grantar th�re�n ar thereto, at
<br /> pub�ic auction at such pXace xn any county in which the prop�r�y to be sald, or any part thereof, xs
<br /> �ocated, at such �xme, upon such notice, and upan such terms as may be specified �n a not�ce of
<br /> sa�e, whuch sha�l state the tlme when and the p�ace where the sal.e is ta be held, sha11 cantain a
<br /> D�1-�D75161-D�� 1�
<br /> FCL NE 21�9
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