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_ _ <br /> t.tSnit _�, � i� __ ��e�'< a��fSL=� ' IL'� :� -t.�t ^�1`� o,U4= >::'rY�fm���.��� f�f� � 4f E ���:�. u.:Ii.iiYi,i�'�_— - <br /> „ <br /> .: x_.-!. ::�' ....�. �. t,,�.. <br /> .« •.. <br /> _ -_B`rsliY- ¢?�Y_hY') _6lE¢3�3Yil+s�� ^'�"��—�-- <br /> !�� ..,.. � � .. �. � <br /> �[ ` ' ` • . <br /> � , . ' - � <br /> i , ' . � , <br /> � ' <br /> � 9Q--� 10�64� � <br /> forecicse the Suhnrdinate Loan Doaiaments� or i� any mansie� � � ' <br /> interf+sre with Pfrst I�merican or its 2�ens and security � <br /> interests fn the Col�ateral or its application of the praceecls � <br /> thereof, in each cae� unZess and until First American has <br /> notified subordinate I�tortgagee in writing that all of the sen�.or <br /> . .�_�bliqatxons have been �fuYly and indefeasibly paic� to �and <br /> , � received by First American; provided, 2tawever, that , � �. � . <br /> notwithstanding the foregoing, (i) Suboxdinate Mortgagee shall � , � <br /> be entitled �� receive scheduled payments of ix�terest reLating :- . <br />. , w� �+� �utscr�3inate AbZigations and (i.i) Sabordinate Mortgzagee <br /> - + �sh�1Sr.� �e ea'�i�led to receive and retain payments of g�+incipal <br /> ° �from a salc of the Premises, in each case unle�� ar�d taza�il any :';��'� <br /> event of defa�lt shall occuz �r:d.be coritin¢ing under an� of the �� �� <br /> r.:"�,�;,�: <br /> Firs� American I�oan Docwnent� a�r:d either a receiver has been �'�-- <br /> .�T- <br /> appointed for the � Premise� or First American has initiated <br /> . fore��osure pxoceedings against the Premises. First American ' <br /> , <br /> ae�rees to notzfy Subordinate Mortgagee of such full and __ <br /> ind�feasiblE payment, aF��augh it sh�IZ not be liable for any � <br /> ; failu.�2 to do sa. In addition, Sul�r��dinate Mortgagee agrees and <br /> � consents tha�� unless and until all the Senior Oblig���ons �tave , <br /> �. <br /> ' bee�t fully and ine�.�feasibly paid to. and received by FirSt �"°—` <br /> � American, E��.�st American may deal with the �ollateral and the � "- <br /> Mortaagor fn its so2e discretiion. In the event the •Subordinate : <br /> Mortia_ragee obtains any of the groceeds of the C�1latexal or any <br /> g 1253q =�__— -_ <br /> , <br /> L�.�. � � � l <br />" � `�, <br /> L � <br />