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<br /> � .. ". . Senef iciarx harQUnder �hall be doomed Ca be aoupled with an ;,����:;,���;�;
<br /> � ' � inCerest and be frrevoaa�bie. �� ':°° ` �
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<br /> � ' � � 3ECTION 1.03. Resolution of Draftina Ambiuuities• I � � �
<br /> . � ���n� �� . � The Trustor acknowledges that it was rapreaented by aounsel i ' ��
<br /> • in aonnection with this Deed of Trust, that it and ite coun- ;
<br /> � sel revie�recl and participated in the preparation and neq4- �
<br /> � tiation of this Deed of Trust and that any rule of aonstruc- ,
<br /> t.ion to the effect that ambiguities are to be resolved
<br /> against the drafting party or Beneficiaxy shall not be
<br /> employed in the fnterpretation of this peed of Trust. .
<br /> .; ARTICI,E I I : ' " . . .
<br /> .�4
<br /> '' ( �t's ' , :°.'.,,�:.'�.
<br /> ..•,i�•"' CERTAIN WARRANTIES AND COVENANTS .,� 1�.. , �. ;:°.�,:.;•'�;
<br /> ..���:,',; .. `,,�• OF THE TRUSTOR '' } i �,`�
<br /> .�� SECTION 2.01. Authoritv and Effectiveness. (a) '
<br /> `�kne Trustor represents and warrants that (i) the Trustor is a
<br /> cc�rporation, duly formed and validly existing under th� laws
<br /> of ttie State of its incorporation, and qualified to do busi-
<br /> ness and in good standing in the State in which the Property
<br /> is located except where the failure to qualify to do businese
<br /> in the State in which the Property is located would not
<br /> materially adversely affect the Trust Property, and has all
<br /> - govertuaental li��:sses, authorizAtions, consents, approvals
<br /> � and oth�r qualifications required to carry on its business as �� .
<br /> now coc��aa�ted, to own the Trust Property and to execute, ,
<br /> delive� and perform this Deed of Trust, except where the , ,�
<br /> f�ilure to obtai�► such governmental licenses, authorizations, t'':� , �
<br /> • consents, approva3s and other qualifications would not � . �
<br /> � material=y adversely affect the Trust Property: (if) the , .
<br /> execution, delivery and performance by the Trustor of this � '. �
<br /> :�. ;;'�> Deed of Trust are within the Trustor's corporate power, have ,
<br /> , ���.,� , b2en duly authoa�i�ed by all necessary corporate action, �'��- ; .
<br /> �'��. ' require no actioa� by or in respect of, or fflinq with, any , , ;�,
<br /> governmental body, agency or official and do not contravene,
<br /> � or constitute a default under, any provision of applicable ;�
<br /> law, of the certificate �af incorporation or by-laws of the �' ,
<br /> T�ustor or of arey agreement, judgment, injunction, order,
<br /> • ci�cree or other instrument binding upon the Trus�.or or relat-
<br /> ing to the Property or result in the creation or imposition
<br /> of any Lien on any asset of the TrusL•or (other than the Lien
<br /> of this Deed of Trust) ; and (iii) this Dsed of Trust con-
<br /> stitutes a legal, valid, binding and enforceable agreement of �
<br /> the Trustor. ' �
<br /> � -17-
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