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<br /> , " � .. �Pic-1 i� . .. � �-'i T^,.
<br /> � �0�'a��-�', : :.- .-- -
<br /> �v�. .
<br /> ' know�tngly paimit euai�� mm�aan�arm�i�g u�e 4:a be diocon�inuad or � �
<br /> '� ab�andonad withae�� the �xpruae wri��en csnnsen� oP nana�laiAry. , .
<br /> _..--- -�- - 9. , w" '�c"" Or f:riOU branoest _.�� PY��e Y. (�ta �. .:_ ... _ --
<br />- -- _-- - �--_? aran�nM a�kn�w�t�+dgaa ��at Bane�icia�rY h�o,axa�in9d e�nd reliad A� �--��___..:_ __ _-
<br /> r- ,. � the �redi�worL•hineee o! drar��or and �xp��x�t��a o� G,.�as.'�o� �.n : � --�. - - .
<br /> owning end Qpext+�ing prc�pex�ies euoh as the Tru�t Propor�y in � " �
<br /> � � �grAeir�g to m�ke the lloan e�aur�d h�reby, e�d tihaC eenePiaiery . �
<br /> wi�i eontinue to relX on Grantor�s ownerehip of the Truat PrapprCy
<br /> � �A e moen� oP main�aifjing �he value ot tho �`rua� Property c�e • .
<br /> ee�uxi�y !or rep�ymont or �h� D�bt. a��n�or aoknowledges thc+� 1 .
<br /> � eenePioi�ry hao a valid intereet fn m�i�ntc�ining th� vAlue o� the
<br /> Trust Paoparty so ae to enaure tha�, ehouid arantor deP�ult in �h� „ ..
<br /> �� repeyment ot tho DebC, BenePici�ry odn reaover the Qobt by e �ale+
<br /> � � oR kh� Truet Praporty. arantor ehAll not sell, aonvey, alien,
<br /> � �nortgac�a, enaumbar, pledgo or otherwise YranePar thn Truet �
<br /> � Property ox any par� thereoP, ar permit the Trus� Property or any .,
<br /> part therooP to be sold, aonveyed, alient�d, mortgageti, enaumbered, ,
<br /> � pledqad or otherwiee tran4�erred exaept ae parmitted in Chie •
<br /> ... seation e. Notwiths��nding the above: +
<br /> Per le al t�.tla to �he Trust �
<br /> (i) The arantor may trans g , ,.
<br /> � �. Prpperty �o a 9ingle Purpase Entity Trana��xea (hereinafte� ,
<br /> defined� provide�l (i) auoh einqle Purpoae Entity Traneforee � � �
<br /> � nseumee all of the obligationn oP the Grar�tor to 8enefiaiary �'�'
<br /> . undQr thie Deed oP Trust, tba Noto and tEa� Other seourity _�:�;::;�`
<br /> Dooumen�s 3n A manner reasonably eatief�c�ory t� BenePiaiary �
<br /> ��•� in all respeote, inaluding, without lim��s�Eion, by entering •
<br /> , into an aesumption agreement with Grantor and BenePiaiary in , �
<br /> � form and subetanae similar to the terma oP the aseumption . ,
<br /> �., .�•
<br /> agreemant a��aahed hereto ae Exhibit B and made a part horeof .
<br /> - - ,._:- -- �
<br /> . (an ��Aseuanption Agreement�} , f ii) �tne ptiranann �� �a �a � -- -. . - -:- ----
<br /> � � � paid by the Single Purpos� Enti�y Tranafereo for �he Truqt i - : � , _
<br /> Property sh�ll nat be less than all eume due un��x the Note, �
<br /> '` - - th7.a lload o= fi"riini: ai�u aII a�hoa .°.o:.tiY'�tr L�^L•'rl...••�°':9,;,_ �t t�a - - -- - `--
<br /> • � time of such sale, inaluding, without lim�tation, the ,
<br /> � Premium whiah would be olue iP W�1-Mart S�ores, Ino. exercised •
<br /> . .. its op�ian ta purahase ttee Truat Propexty pureuant to Seation
<br /> � 20 aP the Wal-Mart I�eaae on the alos�ing date of the propoaed
<br /> trane�e�, (iii) the Single Purpose Entity Tranafnree ehall �
<br /> hava been formed exolueively and aalely Por the purpoee of
<br /> � � owning and operating tha Trust Pro�exty, shall have a lega]. �
<br /> ` i exietence whioh extends beyond the Matvrity Date (ae defaa�ad
<br /> � in the Note� , and shail have boen engaged in no other ;
<br /> � busineae aotiviti�s prior to the transfer of �itle to �auoh .
<br /> � � � Bingle Purpose Entity Trans�eree, (iv) the Single Purpoae
<br />� Entity Txaneferee ahall have dolivered to Beneficiary
<br /> � • ' ' opiniona of counsel� oatiafaatory to Bereefioiary in all
<br /> � � re�spects, inaluding� withou� limitation, opinions ragarding
<br /> ' suba�antive oonealidation and aeparateness in respeat o£ tha
<br />_ .. Harrow�r and the 3ingle Purpose �a�tity TranaPexee, and auah
<br /> � Ather do�cumen�e as any Rating Agency w�e�ch has isaued a
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