|
. ,.
<br /> ss.r:a- vAf��!t�r.: •i�xiH \.-� � _„�e._' < <_.. .�;:i t f d ro e 1..... • a.� �,.�:6�,� _
<br /> --- - ����`a�a= ..=��:��:i`;'�,."i` ---0'r.[���'cf�ii��F�%E�l:�F,t`¢�`arc'�.. _i �C [�.y ...i. �i�s{�S�4�iYS�ti'�^i.��fl� `�`Lctc �R=:?:i�n..a.Y:�t;F;;4r':�tz�.'�EC�c�.. --
<br /> - :, :,� :.,� .> _
<br /> � .... .. ... .. . ' .",s.;. -_.
<br /> " . _— -—_-_ e�—��—"
<br /> . __ . � . _r_ '_. . �
<br /> { •
<br /> � . p_ 10a��� �
<br /> 9
<br /> or to require upon foreclosure the sale of assets in a par-
<br /> r ticular order. Each successos and assign of Truator, in-
<br /> I cluding without limitatfon, a holder of a lien subordinat�
<br /> to the lien created hereby (without implyinq that Trustos �
<br /> has, except as express2y provided herein, a right to graa�*
<br /> an interest fn, or a subordinate lien on, this Property) , by
<br /> acceptance of its i.nterest or lien agrees that it staall b�
<br /> baund by the abave waiver, as if it qave the waiver itself. '
<br /> , 4�.02 Discontinuance of PreceedinQS. Ber�eficfary,
<br /> from ti.i¢e to time before the Trtnstee's sale pwrsua3ra�t to S�c�-
<br /> tion 4.Oi, ma�r rescfnd any notice of breach cs default az�d
<br /> o€ election to cause to be sold tizis Prap�rty. Tlne� exercis�
<br /> by Beneficiary af such aig2nt o� �ci��#.on sl�all r�t .cars�f-.
<br /> , tute a w�i�rer of any b�eacln or d��a�lt Y�.i�m existi� ��� s��- �
<br /> sequently. occurrirag or i.mpair ti�e ri�t o� I��-�ree�i�is� �c+
<br /> . execute and deliv�� to Trusfiee, as abave pro��i�led, other dQ�-
<br /> � clarations of d�€ault and dema�d for sale, a�d rtr�ti�ces of �
<br /> breach or a�efauit, and of electfon to �au�e ta 1�� so3.d• this
<br /> Property to satisfy the Obliqatio�� �seof, no� �th�zwise
<br /> , affect ar�� provision, covenant .o� cond.ftio�• of t��s I�eed� o�
<br /> 2rust or any of the rights, o1��igatia�s or remedies of t�ae
<br /> parties he�eunder. .
<br /> . �.03 A lica�ion of Proce� o� Sale. tLpon a
<br /> sale of a�3t or part of thfs gsoperty pu�suant to Sectien �
<br /> . 4.01, after deducting a reasonak�Le coamfssiar� to the' Truste� � `
<br /> and all costs, fees and expenses of TL~a�stee, inaluding rea- �
<br /> sonable �.4t�orneys' fees, expenses anc� �cos±� of f�i�estiga- � �
<br /> tion, ai� �� actually incurred, Tnu�t� shall apply, to the � �
<br /> exter�t permitted by law, the �r�^�,�eds of sale: to the ' �;:
<br /> pa�s�s�t of all sums expended c�stid�� the terms hereof, not
<br /> the�a repaid, with interest at tii� De�ault Rate (as defined � -
<br /> in the Credit Agreement� ; the�, t�a the payment m� the
<br /> �bligations in accordance wfth the a���cable terms �f th� --
<br /> Crecift Aqreement,, and �he remainder to t3ie �a:��nt of juni�� � � ��-
<br /> deeds of trust, rt�ritgaqes or ot�er lfer� �o�.c�c-��. �. ,_
<br /> ; 4�0 04 Ben�ficia State�tent. Trustee, upon pre-
<br /> sentatfun ��� it of an aff davi� s3gr��:� by or on behalf of
<br /> ; . Heneficfa�, setting forth any ff�ct or facts. showing a de-
<br /> fault by R'ruetor under any of the t��ms or conditions of ?c
<br /> this Deed �� Trust, is authorized to a��ept �:� true and con- ��'� �
<br /> clusive a�b facts and s�atements in s�aah af�ia3avii� and to -
<br /> act hereunder in �omplete reliance thereon. ,:•
<br /> 4.OS Remedfes U on Default. �`�
<br /> fault shaL� occur and be continu n Beneficia �ent of De- :
<br /> ry, or Trustee
<br /> upon writ�2n instructions Pram BenePiciary (the legality �. _
<br /> -21-
<br /> M
<br /> I".___.._..-__
<br /> U
<br /> � �
<br /> � - � .......� �
<br /> . ^
<br /> �i
<br /> �. �
<br />: . � � �
<br />
|