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<br />"-'��� ma determine. Such
<br />:�,:�-� upon such conditi.ons as Beneficiary Y
<br />--=�-�=� application or release shall not cure or waive any default ar
<br />:::�s� notice of default hereunder or invalidate any ac� done pursuant to
<br /> —�.: such not ice.
<br /> - '"��� 1.15 Ar�rl��{onal SPC:uri�. That in the �vent Benef.iciary at _
<br /> �= any time holde additional security for any af ,the obliyations
<br /> =.-�--�� secured hereby, it may enforae the saXe thereof or otherwise
<br />"��`� realize upon the same, at its option, either beiore or concurrently
<br /> Yierewith or after a sale is made hereunder.
<br />^����� That this Aeed applies to,
<br />..�--L�d�_Q_
<br /> .-._.�:�,] 1.].6 Succeasors and Ass�,gns.
<br />-"`�'��� inures to the benefit of and binds all parties hereto, their heirs,
<br /> �; legatees, devisees, administratozs, executarF, sucoessors and _
<br />-���`� assigns� The term "Beneficiary" shall mean the owner and holdPr of
<br />_---------- the Note, whether or not named as Heneficiary herein.
<br /> vtl=� 1.17 ns t s. That Beneficiazy, c+r its agents,
<br />--:�;�� representatives or caorkmen, �re authorized to enter at any
<br /> = reasonable time upon or in any part of tlie Premises for the purpo5e
<br />:.�.�.�:� of inspe�ting the same and for the purpose of per.forming any of the
<br /> ,�:� acts it is authorized to perform under the terms of_ any �f the Loan
<br /> InstrumQnts.
<br />- :._=,v.�-.:
<br /> 1.18 iens. To pay and promptly discharge, at Grantor's cost
<br /> -- � and expens�, all liens, encumbrances and charges upon the Premiaes,
<br />"�•-�:s�� or any part thereof or interest therein. Grantor shall have the
<br />�=�;� riqht to contest in good faith the validity of any such lien,
<br /> -�a enoumbrance or charge, provided Grantor shall first deposit with
<br />:: °��ai E�n`f f�i�ry a bond or nther security satisfactory to Beneficiary in
<br /> _�=-=�7 such amounts as Beneficiary shall reasona]aly require or afi�Ll«ative
<br /> � title insurance agaiitist such claim, and provided further that
<br /> � Grantor shall thereafter diligently proceed to cause such 11en,
<br /> .�� encumbrance or charge ta be removed and discharged. If Grantor
<br />__-�- shall fail to discharge any such lien, encumbranoe� or charge, then,
<br />----� in addition to any other right or remedy of Beneficiary,
<br />-- � Heneficiary may, but shall not be obliqated to, discharge the same,
<br /> �-°��� either by paying the amount claimed to be due, or by procuring the
<br /> -•--- - di.saYiarge of such lien by depositing in court a bond or the amount
<br /> claim�ed or otherwise giving security for such claim, or in such
<br /> - manner as is or may be prescribed by law.
<br /> __�_,
<br /> --__-'� 1. 19 Beneficiary's Powers. That without affec�ing the
<br /> -- _- liability �f any other person liable Por the payment of any
<br />.:�,� oblig3tion herein mentioned, and without af�fectinq the lien or
<br /> -^- charge of this Deed upon any portion of the Property not then or
<br /> -��:�• heretofore released as security for �he full amount of �11 unpaid
<br /> ---:""�� ob].igations, Heneficiary may, from time to time and without notice
<br /> --��
<br /> -- -__; (i) r.elease any person so liable, (ii) extend the maturity or al er
<br /> -:�;��-� ' any of the terms of any such obligation, (if i) grant other
<br /> -����� indulgences, (iv) release or reconvey, or caus� to be releap��ion
<br />,�;�R� ,� recanveyed at any time at Beneficiary's option, any parcel, p
<br />_:.�,,,.. . or all of the Premises., (v) take or rplease any other or additional
<br /> ��'"� � security for any obligation herein mentioned, (vi) make compromises
<br /> or other arrangements with debtors in relation thereto, nr (vii)
<br /> � �� �� � advance additional funds to protect the security hereof and Iaay or
<br /> discharge the 5ecured Indebtedness, and all amounts so advanced,
<br /> ' with interest therenn at the rate provided by the Note, shall be
<br /> �' secured hereby and shall be deemed to be a part cP the Secured _
<br /> 3. • .
<br /> Indebtedness.
<br /> : � 1.20 'I'radenames. That at the request of Benefiaiary, Gr_antor
<br /> shall execute a certificate in form satisEactory to Deneficiary
<br /> ,._,..
<br /> ,-_ _ _ 7istina the tradenames under whiah Grat�tor intends to operate the
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<br /> Premises, and rppresenting and warran�.�ny ��iQ� ���.���� _---
<br /> business under no other tradename witt► respect to the Premises. -
<br /> Grantor shall immediately notify Beneficiary in writing nf any
<br /> ' change in said tradenames, and wi11, up�n request of Benefic iary,
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