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<br /> "�. of spacc in the Im�rovement� ia accordance w�ith the pmvision� of S�c' 1 1 hereo��
<br /> -•=� sissigraed, pledged, mortgaged,further enceim�sered or otherwisu transferred or Trustor shall 6� `�
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<br />=�°° div�ested of its title to the Froperty er any inter�at ther�in, in any aaanner or way, whether o
<br /> votuntarily or involuntarily,witiuout the prior written consenl af Befieficiacy beim�f�rat ob4�ine�, �`°
<br />-_�� wluch consent may be withheld�n Beneficiary's sole discretion,then the same shall constitute aa _
<br /> �� Event of Default hereunder sind Ben�ficiary shall have the right,at its op4ion,to declare any or _
<br /> ---° aU of the indebtedness secw�i hereby, irrespec4ive of the maturity date specifiefl in the Note� _
<br /> :,..s.�+ immediat�ly due and payabte and to otharwise exercise any of its o4her �ights and remed�es �_
<br /> -==� con4ained in �i e III hereof. If such acccleration i�during any perioai wln�n a pr�pay�raent fee _
<br />''�'"� is payable pursuant to the provisions set forth in the Note, then, in addition to aU of the
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<br /> foregoing,such pregayment fes shall also then be immediately due aud payable to the same end
<br />�;,� as thougtn Trustor v�ere pr�payin�the entire indebtedness secured hereby on the date of such
<br />- - accele�o�. For the puigos�s of thfis Section:(i)in the event either Truswr or any of its general
<br /> partnees�r members is a coiporatien or hvst,the sale, conveyance, tr�nsfer or disposition of
<br /> � more than 10% of the issued and outstatcdiag capi�rsi sYc�ck of Tniator or any of it� geueral �
<br /> partr�ers or of the beneScial interest of such tIIUSt(or the issuance of n�vv shares of capital stock
<br />-"'�'° in Trustor or any of its gene•ral gartners or membera so that i�nmediateIly�er suoh isauance�� 4
<br /> total cspi¢al seock then issue�aad autstandin$is more than 110%af thg total i��ately pri�o9�.
<br /> - to such issuance)shall be deemed to be a branafer of an interest in the Prnperty,.a�nd(ii)in t1�e
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<br /> event Tn�sWr or any gene�al parmeac or member of Tniator is a limi3�cl:pr general partnersbn�n,'a •
<br /> -- joint veiature op a flr�mnft�ed liability►campany,a change in the owners�eu�iute�ts in any gen�ral .
<br /> partner,�ay joint vercturer or any member,either volunt�rnly, involuntarily or atherwise,or the
<br /> _ sata,con�zy�nce, ea�asfer, disposition, alienation. hygo�tn�ation or eacumbering of all or auy . .
<br /> , purtion o�'Yhe an���¢af nny such��nerai partaer,joxnf venturer oir a�tember in TYustor or such
<br /> general��n#ner(whether in the form of a bene8cial or parmeYShip urterest or in tite farra of a
<br /> pov�+er���lirection,control or management,or othetvvise), shall be deemed to b�a transfer of an
<br /> -- - in4erest in the Property. Notwithstaiading the fnregoin�,�vs;�-a.;a,(i;1:r.3ited partnership interests
<br /> iu Trustor or in any general partrier vr member of Trustar shali be freely transferable witLout the
<br /> _ - ccr.sent�f�!+P�riary,(ii)any involuntary transfer caused by the deu�t of Tnistor or any general
<br /> _� partner,sha�halder,joint venturer,or beneficial oviner of a trust sha�l�aat be an Event a�Default
<br /> uuder thns Desd of Trust so long as Trustor is reconatitut�i,if requisec��fo�lowi�,s�.ch deuth and
<br /> so long as those persons responsible for 4he m�ement o�the Psoperty remain�luchanged as a �
<br /> .. r�ult of such death or any replacement managemart is�pprovs�l by�eneSciurY and(iii) �,i#ts �, -
<br /> for estate ptannin8 Aur�oses of any individuai's interests��Yuator�a��4m any af'Trustor's ge��r�t�
<br /> partaors, managing members or joi�nt vent�uers to the s�ouse or any lineal descendant of��h
<br /> - individual,or to a trust�or tb.e bensfit of uny one or more of such individual, spouse or lineal
<br /> des�eYndant, shatl not be an Event of Default under 41ris Deed of Trust so long as Tnastc�r•�:is
<br /> reconstituted,if required, following such gi8 and so long as those persons r�sponsible for;t3�e
<br /> — management of the �aperty and Trustor remain unchanged followimg such gift or any
<br /> replacement mana�gement is approved b�y.Beneficiary. . .
<br /> � (b:?��#withstanding the foregoing provisiona of this�Section, Heneficiary shall ":':t;
<br /> � .�,�' coasent to one or more sales,conveyances or tran�fers of the Properry in its entirety(herein��tyr.
<br /> . "5�tle'� to any peison or entity provided that each'of tue following ternis a�d conditioas�are
<br /> satisfied far each suc��ale: �
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