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.. 2_ . <br /> .-R�.f��F ��'�ti„ e r '� t '�.. 1'� ^y r. �' ..�. '� .,ta.'' i'SWyj,�ti•�'�, � v�::i'm:.:�2... �:.. ,L�•�.:.,,: c�--- <br /> �; cj }'.i�' G i }6r�"�s:��).'�F- <br />_��� ,��'�"Y..G��, �1C�lal�{�GA�C.�1�. �'i�i���FiqlilliieSi�.�`�ly1E..�-s_.,:��__—___ <br /> ll7itt� " _' ____ <br /> � —._.�.-.. ,. . � � <br /> J '_ • ' . <br /> i <br /> . � . , • ' <br /> ' � . , ' �� .F�O{L'ZO . . <br /> —� � othar ent from th� �Fiortgaqor no� expressly psrmitted, h�rein,� <br /> . F�Y� <br /> . be�ore it has been notified ffl tas�itfng that aIl of tbe 6enior � <br /> _ obligatfon� have been fu2ly and indefeaBibly paid to and <br /> zeceived by First Fimerican, Subor�dinate liortgagee wi�.l ho�d such � <br /> __ proceeds in trust for First Amerfcan, and immedfately deliver � <br /> all such proceeds in kind to First Aaerican without -deduction or . <br /> setoff. Reaiprocall�, First Asasrican agrees that if it obtains ' � . <br /> :��:.;.-; <br /> any o€ the proceeds of the CoZlat�al after �� �f the Senior � ��°��� �� <br /> �f�'��i:1` <br /> - '.' ;;.;:;,i; <br /> � Obliqations have been fully and indefea��t+ly F�iid �co and - ": <br /> ., ., <br /> _ receive�. by First Aaterican it wi�l ho2d Euch p�aceeds in trust . � � <br /> • for Subordinate Mortgagee and im�ediately deliver all such " ' <br />-�' � � proceed� in kin�d to St�bordinate Mortqagee without deduction or <br /> . setoff �r shall other-�gse distribute such proceeds yn accordanGe .� " <br /> . � ' �� <br /> ; v�i�h applicable law. Notwi�istandinq the �oreco��r�g, �Sur�rdinate ; .��: <br /> ;� <br /> Mortga�e� shall have the right to ��force t�.�, t�r�s, covenants ` <br /> and conditio�s of or Foreclog� t�_ Suloorc��A��� Loan Documents if � _ <br /> . the Mortgagor shall fail to ga� in ��all t:� Sennor Obligations • <br /> upon the maturity thereo�� and within 45 days �herea£ter First - <br /> � American shabl fail to commen�e an action ��. enfarce tY:e terms, _ <br /> , <br /> � covenants and conditions of or foreclose the Fir�� American Loan <br /> Documents. � � ° <br /> ,,.�.- <br /> 3. Suh�rdinate Mor�c�agee hereby ��rees that it �� <br /> ` will rat directly or ind:irectby aontest the vali�3ity or � : <br /> appragr�ateness of actiori take;�o or �:Iz� re�son�bleness of � - <br /> j <br /> �� g 1253q <br /> , . _ f_�--�— . <br />� s <br /> ' r <br /> . . t , <br />� . � . . • � � � . <br /> � <br /> . � r� <br /> � <br /> � � � <br /> —�4 - <br /> ��_ <br /> ��'�.� <br />