_ _ .,.;
<br /> - '�,dt�b_ �c +,,.v �� t �Si��� ��.u',ii�Cy1{iiu',tc.�?�?��'s4�'.,'3��ri�i� r�~K,r.:� � si;-.t,J��'�v_'�1�,?�:'a��.�.4i_ ---�:fEt�z a3Sr.�`S,W7.c:��.�...y3'7n-'1mbTl5���,l. _ '
<br /> __ . '-��5o`u-`�f���1! —' _ —_ _ —'
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<br /> �`�!' �.a��i�g E�paqe 2 .
<br /> 9 .
<br /> fact, whfch appoar�tmen� �s coupled with an
<br /> � interest, in its name, p��ace and stead, te take �
<br /> , any and all actions deem�t�� necessary or desirable •
<br /> by Ber�e€icfary tc perfa�: anc3 camp2y with a11 of -
<br /> the obligations of Trustc�� under the Graund Lease,
<br /> to do and take, but with�ut any obligation so to
<br /> do, any acticn which B+�neficiary deems neaessary
<br /> or desirable to prevent� ar cure any default bp , �
<br /> Trustor under the Groun� Lease, to enter into and �
<br /> upon this Property or an�r part thereof to such
<br /> extent ancd as cften as Heneficfary, in its so2.e .
<br /> c�iscrstion, deems necessary or desirable in order
<br /> to pr���nt or c-�sre any default of Trustor purst�ant
<br /> thereto, to the ead that the rights of Trustor in
<br /> and ta the lea�elnold .�u.are created by the Ground . �
<br /> Lease shall Ixe kep� � ..3nimgaired and free from �
<br /> � c3�efault, and all sum�..'s� exgended by Bene€iciary, �� ��� ���
<br /> with ia�.terest ther�.�rt: at the defati�t ra�e se� �
<br /> . forth f.� the Credit t3�cuments frerm the ���� �€ � .
<br /> , , each suc11 expenditur�; shall be paac� t�y Tr�.,�or ta �
<br /> �� ' Beneficiary p�mptly upon demand Jby He�e€iciary
<br /> '� and shall be �ddec3 to the indebt��ess secured � �
<br /> " �: : hereby and Hea�eficiary sha12 have, i4ac addition tc� � �
<br /> : , any other remedy af eeneficiary, th� same rights �
<br /> ' ; and remedies i�a the event• of non-payment of any
<br /> � . �ch sum by Tresr�or as in the case of a default by
<br /> - Trustor fn th� gaymen� of any sums due u�zl�er the � :
<br /> Credit Documents. Trc�stor shall, cs��hin ��.ve (5�, '
<br /> business days after wrftten request by � .��
<br /> Seneficiary, execute and deliver to Beneffciary, � _
<br /> or to any person designated by :Beneficfary, such � �'
<br /> further instruments, agre�ments, powers, �
<br /> assignments,. conveyances or the lfke as may be
<br /> necessary to complete or perfect the interest, "
<br /> riqbts or powers of Beneficiary pursuant hereto. ~-
<br /> (d) Trustor will promptly (i) natify ":,�
<br /> Heneficfary in writin�g of the receipt by it of any —
<br /> notice of default frora the leseor under the Ground
<br /> Lease; �ii) natify Beneffciary fn writing of the
<br /> . receipt by it af any notfce under the Ground Lease � :
<br /> of the terminatfon of the Ground Lease; (fiiy
<br /> . cause a copy mf ea�?� suah notice recefved b�
<br /> Trustor from f.�� lessur under the Ground Lease to
<br /> be delivered tA Ber�eficiary; and (iv) cause a copy ��'!��
<br /> of any notice of ele�tion or the exercfse of any ��''�
<br /> rfghts aE option, p���.�ase or ren��aal under th� � �
<br /> Ground L�ase sent by Trustor to t�� lessor under
<br /> � Ground I,ease, to be delfvered to 8eneficfar�a
<br /> . U i-
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