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<br /> i�C'X'ION Z.i�. . �iYl��1.�t� . . . � �
<br /> Notrtitbstatdirq tiba ap��at�t o! a� ��wr��tiaat.oac , ''
<br /> os truata o� arantor. any, ot it� pr�or t� '��
<br /> picopuetY• �liaiaxy �li b� �titi�d �w �xt�i�t rwt � -
<br /> prahib�.t�d by lav, to rarain in po���on aad ooetrol o! .
<br /> ali ptr�� o! tb� Trust 8�roprrty nar ot ��ria�r qrNnt�d
<br /> � und�r this O��d ot Tsvrti to s�n�lioiary in a000rd+�no� �it.h
<br /> � t�,x� 1MS�o! and appliaabl� 1aM. �
<br /> .. ... . ,
<br /> , ..,;��.:;.' sE�'�olt 2.��. �Ij�,Yjts (a) 110 d�lay or� l�ilwn
<br /> � b�y,��t,wir;,qs'' 8�n�tiai+�sy #o �xa1N sny riqh�. par�r or
<br /> r�s�dy abt��.� ypo� aay bs�sah or Ev�nt o! 0�l+�ult �ai].
<br /> �xhawt oiiC.��l�pair any �uch riqbt„ po�w�r or r�dy or b� �
<br /> = constru�d 1to b� a �ruiv�r of a�ny such bx�uch or Ev�t o! '
<br /> ' i�lsu].� or ecqui�c+ena� th�x�eint and �v�ry riqht, par�r and
<br /> `-- r�dy qivsn by �tP��.a� Da�d o! Trust� to Tru�ta� os 8�liciasy
<br /> :- _-- ----'_-_-T- � .: �iy Y� exar�aisac4 ir� ti�c to ti� a�d �a� oltert Aa �y kae
<br /> � � � ' "' da�ed axp4dient by Trustre or Hen�licin�:y. �No,aoap�nt or •; �
<br /> . . •�� � �iaiv�r by Brn�tics�aiy ta o� o! any bx'�aalx ��c del�ult, hy � � ::;.,,'.
<br /> �-- ¢�r+�ntor in ths peY�or�ance o! th� Obiigatior►g��uix 1�
<br /> � els�a�d or con�truQd tn be t� csons�nt or t+atve� to•or 'n! any . �..".,;
<br /> otbar br�aah or Event o� Detauit in th� pe�r�,arxana� b! tbe �
<br /> seba or any oth�r Obiigation� by Grar►to� �er�und4r. 110 , �
<br /> taiiur. on tha part o! s�neticiary to coa►plain o! any s� ar
<br /> tailur� to aat or to doalnre an EvQnt o� D�lault, ixyr�sp�c-
<br /> tivo o! how long such failqr� continu�s, +�ball aa�natitute a
<br /> — wniver by e�neticiary a! ita rights h�reut�dox or� irapn�x �►ny •
<br /> - - - rights, powera or re�aed:��a �onea�en� �n� A�y ��tur�� l�vor►t �o!
<br /> .. _
<br />'-���� Datauit by arantor. � ,
<br /> (b) Even iP Seneliciary (i) grants some
<br /> Porbsar�nas or a» extension ot tine !or Che pnyment of e�tty
<br /> � sume seauxecl hereby, (2) takes other or additional seauriCy
<br /> !or the paymant o! any sume aeaurad hareby, (3) waivas or _
<br /> does not exercise some right grantsd hereir� or under th�
<br /> Loan Documents or Senior Note Documents, (4) relQa�ea a part
<br /> �` of the Truet Proparty lrom this Deed o! Trust, (S) agraes to
<br /> �` ahenga some o! the term�, aovsnants, aonditions or agree-
<br /> menta of �ny o! the Loan Doaumen�s or Sentor Note Doaumenta,
<br /> ���„ (6) consents to the fill.ng o! a ma�p, plat or replat
<br /> a!lecting the Premises (7) �aonsents to the granting ot an
<br /> � ��;�,��;e��:� easement or othe�r right aff�eting the Premises or (8) makes
<br />' ,t . �yt,�:.. �r aonsents to an agrsement aubardinating eeneffaiary•e lien
<br /> �'"•`;�s.�;_�, on the �rust Pxog�erty hereundert na such act ar omission
<br /> R '�'����"�.,;.'� shall praalude Bea�efic:iaxy from exeraising any other right,
<br /> k.. ,;
<br /> `� �• ,..; _, power or privileqe herein granted or intended to be grdntec�
<br /> � �ia the event o! any breach or Event o! Delault then made or
<br /> -� � �''`Y.'ri� � � � of any subaequent default; �or, except as otherwiae
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