My WebLink
|
Help
|
About
|
Sign Out
Browse
201700735
LFImages
>
Deeds
>
Deeds By Year
>
2017
>
201700735
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/28/2017 1:47:00 PM
Creation date
2/1/2017 3:00:37 PM
Metadata
Fields
Template:
DEEDS
Inst Number
201700735
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
23
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
2� 17��735 � <br /> Sect��n 3.�4, Sale or Tran.sf�r �f Trust E�tat�. The Gra�ntor s�a�� �.ot s�l�, ��ase �r <br /> trar�sfer any of the Trust Estate ta any p�rso�. �r entity e�cept as perm�tted �n the �red�t <br /> Agreements. <br /> ; <br /> Se�t�an 3.�5. Payment of �b�xgations; �bservance of �ovenants. The Grantor v�ill ` <br /> duly and punctual�y pay a�l �b�igati�ns, at t�e dates and pla�es and in th� manner pr�vided �r� aII <br /> �red�t Agreements, and a�1 other surns becoming due hereur�der, and shal� duly and pur��tuall� <br /> perform a�zd obser�e aIl of the cover�ants and agreements and provisians contained herein, in the <br /> �red�t Agr�ements and any other �nstrument given by �rantor as security for the payrr�.ent of the <br /> �bligatior�s. <br /> Sect�on 3.D�. Preservation of Franchises. The Grantor wil�take or cause to be take�n a�� <br /> such actinr� as may from time t� time be r�ecessary to obtain, preserve ar�d rer�ev� aIl frar�chises, <br /> r�ghts �f way, easements, permits, and licer�ses now or hereaft�r gra�zted nr upor� it conferred <br /> necessary�o the operations of the Grantor. <br /> Sectron 3.47. �aintenan�e of Trust E�tate. The �rantor will at a�� t�mes ma�ntai�. and <br /> preser�re the Trust Estate and each ar�d every material part ar�d parGe� thereof in accordance with <br /> the In�tia� Credit Agreement. <br /> SectYon 3.US Insurance. <br /> �A� R�sks ta be Insured. T�e Grantor, at its sale cost and e�pense, sha�l maintain <br /> insurance of the character rec�uired by the Initia� Cred�t Agreemer�t. <br /> �B) Poli�y Provisions. AII insurance po��cxes and renewals thereof maintairz�d by the <br /> �ran.�ar pursuar�t to the Initial Cred�t Agreement sha�1 be wr�tten by an �nsurance carrier <br /> reasanabiy satisfactory to t�.e Benef�c�ary, cantain a star�dard lender ar mor�gagee c�ause i�n fa�ror <br /> nf and �n form reas�nab�y aceeptable t� the Benef�ciary, contain ax� agreerne�.t of th�e insurer that <br /> it wi�� �ao�ca�cel or mod�fy the pnl�cy e�cept after 3� days' prior writt�n�.o��ce t�the Ber�eficiary <br /> [e�cept in the case on nonpayment, in �h�ch case, it wi�1 n�t �ancel the pol�cy e�pect aft�r 1� <br /> days' prior v�ritten not�ce to t�e Be�.eficiar��, arzd be reasor�ably satisfactary ta the Benefic�ary in <br /> al1 other resp�cts. <br /> ��) De�iv�ry of Policy. At least 3� days prior t� the e�piration date �f a required <br /> pol�cy and upon request, the Grantor shall deli�er to the Be�ef c�ary a capy af evidence of <br /> insu�•ance that satisf�es the requirements in(A�. <br /> ;: <br /> �D} Assignment of Poli�y. If the Trust Estate �s so�d at a fareclosure sale or if t�e s� <br /> Benef�c�ary otherryw�se acquires title to the Trust Estate,the Beneficiary shall have ai1 af the right, <br /> t�t1e and int�rest ❑f the �rar�t�r ir� and to any insurance pol�c�es requ�red ur�der the �redit <br /> A�reernent and the u�.ear�ned premiums thereon ar�d in and to the proceeds resu�t��.g from any <br /> damage to the Trust Estate prior to such sale or acquis�tian. <br /> �:: <br />
The URL can be used to link to this page
Your browser does not support the video tag.