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. �� 99-sc�sl3s <br /> Administration <br /> ARTICLE III. <br /> , REMEDIES UPON DEFAULT <br /> 3 . 1 Events of Default. Any of the following events shall be <br /> deemed an event of default hereunder: <br /> (a) Any default under the terms of the Ground Lease or <br /> should the Ground Lease be cancelled or otherwise terminated; or <br /> (b) Any amendment, modification, alteration or change to <br /> the terms, covenants or conditions of the Ground Lease without the <br /> prior written consent of Beneficiary; or <br /> (c) Default shall be made in the payment of any <br /> installment of principal or interest or any other sum secured <br /> hereby when due and such default is not cured within ten (10) days <br /> after written notice thereof from Beneficiary to Grantor; or <br /> (d) Grantor or any guarantor of the Secured Indebtedness <br /> shall file a voluntary petition in bankruptcy or shall be <br /> adjudicated a bankrupt or insolvent, or shall file any petition or <br /> answer seeking or acquiescing in any reorganization, arrangement, <br /> composition, readjustment, liquidation, dissolution or similar <br /> relief for itself under any present or future federal, state or <br /> other statute, law or regulation relating to bankruptcy, insolvency <br /> or other relief for debtors; or shall seek or consent to or <br /> acquiesce in the appointment of any trustee, receiver or liquidator <br /> of Grantor or any guarantor of the Secured Indebtedness or of all <br /> or any part of the Premises, or of any or all of the royalties, <br /> revenues, rents, issues or profits thereof, or shall make any <br /> general assignment for the benefit of creditors, or shall admit in <br /> writing its inability to pay its debts generally as they become <br /> due; or <br /> (e) A court of competent jurisdiction shall enter an <br /> order, judgment or decree approving a petition filed against <br /> Grantor or any guarantor of the Secured Indebtedness seeking any <br /> reorganization, dissolution or similar relief under any present or <br /> future federal, state or other statute, law or regulation relating <br /> to bankruptcy, insolvency or other relief for debtors, and such <br /> order, judgment or decree shall remain unvacated and unstayed for <br /> an aggregate of sixty (60) days (whether or not consecutive) from <br /> the first date of entry thereof; or any trustee, receiver or <br /> liquidator of Grantor or any guarantor of the Secured Indebtedness <br /> or of all or any part of the Premises, or of any or all of the <br /> royalties, revenues, rents, issues or profits thereof, shall be <br /> appointed without the consent or acquiescence of such Grantor or <br /> any guarantor of the Secured Indebtedness and such appointment <br /> shall remain unvacated and unstayed for an aggregate of sixty (60) <br /> days (whether or not consecutive) ; or <br /> (f) A writ of execution or attachment or any similar <br /> process shall be issued or levied against all or any part of or <br /> interest in the Premises, or any judgment involving monetary <br /> damages shall be entered against Grantor or any guarantor of the <br /> Secured Indebtedness which shall become a lien on the Premises or <br /> any gortion thereof or interest therein and such execution, <br /> attachment or similar process or judgment is not released, bonded, <br /> satisfied, vacated, ar stayed within sixty (60) days after its <br /> entry or levy; or <br /> (g) Grantor shall sell, transfer, lease, encumber or <br /> otherwise convey any interest in Grantor or the Premises or any <br /> portion thereof; or <br /> (h) Any warranty or representation of Grantor herein <br /> -15- <br />