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200107250 <br />arising from or costs incurred by such governmental entity in response to a release of a <br />hazardous or toxic waste, substance or constituent, or other substance into the environment, or <br />security interests to be filed or attached to the Mortgaged Property without the written consent <br />of Beneficiary. Grantor shall not sell, convey, transfer, lease, sublease or further encumber <br />any interest in or any part of the Mortgaged Property, or suffer or permit any of the foregoing <br />without the prior written consent of the Beneficiary having been obtained to (i) the sale, <br />conveyance, transfer, lease, sublease, pledge, assignment or other transfer to the purchaser, <br />transferee, assignee or pledgee, and (ii) to the form and substance of any instrument evidencing <br />any such sale, transfer, lease, sublease, pledge, assignment or other transfer. The Grantor <br />shall not, without the prior written consent of the Beneficiary, further assign the Rents. If <br />Grantor does sell, convey, transfer, lease, sublease or otherwise dispose of all or any part of <br />the Mortgaged Property, or any interest therein or suffer or permit any of the foregoing, or if <br />Grantor suffers or permits any liens or security interests which are not Permitted Liens to be <br />filed against the Mortgaged Property in contravention of this paragraph, Beneficiary may elect, <br />by notice in writing to Grantor, to declare all of the Obligations, or any part thereof, and all <br />other sums secured hereby to be and to become due and payable immediately upon the giving <br />of such notice. The Grantor agrees that in the event the ownership of the Mortgaged Property <br />or any part thereof becomes vested in a person other than the Grantor in violation of this Deed <br />of Trust, the Beneficiary may, without notice to the Grantor, deal in any way with such <br />successor or successors in interest with reference to this Deed of Trust and other sums hereby <br />secured without in any way vitiating or discharging the Grantor's liability hereunder or upon <br />other sums hereby secured. No sale of the Mortgaged Property in violation of this Deed of <br />Trust, no forbearance to any person with respect to this Deed of Trust, and no extension to any <br />person of the time for payment of the Obligations shall operate to release, discharge, modify, <br />change or affect the original liability of the Grantor, either in whole or in part. <br />27. Successor Trustee. Beneficiary, or any successor in ownership of any <br />indebtedness secured hereby, may from time to time, by instrument in writing, substitute a <br />successor or successors to any Trustee named herein or acting hereunder, which instrument, <br />executed by the Beneficiary duly acknowledged and recorded in the office of the recorder of <br />the county or counties where the Mortgaged Property is situated, shall be conclusive proof of <br />proper substitution of such successor Trustee or Trustees, who shall, without conveyance from <br />the Trustee predecessor, succeed to all its title, estate, rights, powers and duties. Said <br />instrument must contain the name of the original Grantor, Trustee and Beneficiary hereunder, <br />the recording information where this Deed of Trust is recorded and the name and address of <br />the new Trustee. <br />28. Trustee Covenants. Trustee covenants faithfully to perform the trust <br />herein created, being liable, however, only for gross negligence or willful misconduct. <br />Trustee accepts this Trust, when this Deed of Trust, duly executed and acknowledged, is made <br />a public record as provided by law. Trustee is not obligated to notify any party hereto of any <br />action or proceeding in which Grantor, Beneficiary or Trustee shall be a party unless brought <br />by Trustee. <br />-16- <br />003.302830.1 <br />