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<br /> (1)No�efnult or Evcnt Qi Uofau}t is tDten cant�e�ui�g hereurnd�r or under -_
<br /> any af the othar Loun Documcnts;
<br /> (2)1'rustor gives Benoficiary writ�en notics oQ' �iie te���b o4' sucS� �
<br /> prospecrivo Sale not less thnn sjxty (6�) days before the dat� on which such S�►le is
<br /> sahedulsd ta close an�, comcuaently dter8tvitU, giv�s Beneficinry all �ueL infor,mation
<br /> concerning th�pmposed crunsferee of the Pmperiy 4h�reinafter,`Beayer'�as BeneSciary -
<br /> would require in evuluatin� an �nitial extension of credit to a bonrow�r and pAys to
<br /> Beneficiary a non-refivadal�le applicadon f� in th� amount of$2,SOO.QO. Ben�ficiary �
<br /> sh�ll huy� th� right t,� agpa�ve or disagpaov� the proposed Suyer. Im detetanining
<br /> whether to give or �niE�nkold its approv�l of ttae proposed BuyeP, Ben��ciary shaU
<br /> consider the Buyer's experieuce and track nECOrd in owming aud ogerating facIlitiea
<br /> sinular to the Properiy, t�ee �ugrer's Hnancial stcength, the Buyer's gener�l business
<br /> scand�ng+and the Buyer's relationships and experleace with contractais.vendon.tenants.
<br /> lenders and other 6usiness entities; p�ovided. laowe�veY ¢�, not�nitkstaucling �
<br /> Beaefieiary's a�ement to consider the foresgoing factara in dete�nining whett►er Yo�i�e �
<br /> or witlihaid such �pproval, such approval shall b� given or withhelcfl based on what
<br /> Beneficiary determines w be commercially reasonable in Beneficiary's sola ciiscretioa
<br /> and, if g,�ven, �ay be given subject to such conditions as B�neficiary anay de�m
<br /> appropriate;
<br /> (3)Tn�stor pays�eneficiary,cancurrently with the closing of sueh Sale,a
<br /> ' non-refundable assur�ption fee ia an amount equal to all out�of-pocket costs ansl
<br /> expenses„ includin�, withou3 limitation, attom�ys' fees, incwred by Beneficiary in
<br /> connection wnth t�e� �ale, plus am m�ount equal W Qne pemeat (I.c"3'lo) of iiie rnrn
<br /> outsta�►ding principal balance of the Note;
<br /> (4)T7te Buyer assumes and a�rees ta pay the indebtedness secured hereby
<br /> subject to th� pmvas��ns of Section 5.27 h�reof aad, prior to os caacun+ently with the
<br /> closing of such Sa9�,i�a� Bayer execut� �rathou3 any cost �r ca�nense tu BeneSci$ry,
<br /> such documents and�agrieements as Beaeficiary shall reusaa�bly requi�to��i�2nce and
<br /> effectuate said assu�ption and delivers such legal opinions as Bemeficiary may�i�eire;
<br /> (5)1`t��Qor and the Buy�r execute, without �my �ost or expe�se to �
<br /> , �" Beaeficiary, new �'ui�tccing statements or financing sta'tenuent amendments and any �
<br /> • additiQ�a�t�xuments reasonably requested by Hen�ficiary; -
<br /> � � (G} 7Caustor delivers `o BeneGciary, without an�r cost or expease t� ;: ;,
<br /> '�.• ' Beneficiary,such endoisements to Beneficiary's title insurance pa+licy, bazard insuranco �':;
<br /> � endorsE�nents or certificat�s and atl�er similar materials as Beneficiury nq$� deem
<br /> necessa�y►at the dme of the Sale, all in forn► and substaace sadsfactoxy to Be�e�ciary,
<br /> .; including, without limitation, an endorsement or endo�ements to Baufciary's titie
<br /> ;,:,�:: insurance policy i�wing the lien of 4hia Deed of Tmst,exterlding the ef�ective daLe of
<br /> :.:� such p4licy to the�dat� of exe,�ution and delivery ��r, if later, of recordi�g) of the.
<br /> � assu��inan a�r0ement refereaced above in subnar�►�zi.o� l4) of tlris Secti�ti^��.:�Yeth no
<br /> � additio»�3:,excepri�ns addesi to �cc� policy, and it�s�ring that fee simple tlt�e to il�e �
<br /> . �. Property is vest@d in the Buyer, ,
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