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<br /> und�r this De�d o! Trurt, and ��bsii at th� op�ion o!
<br /> B�n�lioiery aonstitut� an Sv�nt ot i�+siault und�r this D�sd ot
<br /> Trust, and ail anounts ��cur�d h�x�y �hatil, at th� op�ion o!
<br /> B�n�liaiary, b�ooyw du� ar�d payabis iwtMdist�ly.
<br /> .�1 � �d) Th� provisiona�at �+�u�ations (b) a�nd �a) o!
<br /> this e�ction 7.8 �hail nat ep ly,ii th� qvQds which asy boaoa�
<br /> Fixtur�� ar� o! e�t l�ast aqu�vaient value �nd qunlity as sny
<br /> prop�rty beinq repiacad and i! th� rigt�t� a! the party hoidinq
<br /> 4uch sacnrity intorast hava la��►n eYpr�s�ly subordinated, st no
<br /> � ;����;��..�� aost to Henoticiary, to th�+ Lien a! this� Dsad o! Trust 3n �
<br /> �aru«r �dt�.YtACt01"y t0 B�n�►liaiary.
<br /> � ��'�"'�r: 7.9 �eadinas. llrtiale end sectiiar� haadings aro
<br /> � ���> inciuded in ttia Dsed o! True�t !or the aonven3��+naa o! reler�nco
<br /> �,.k., , y �;:��.' only and ahall not b� u�e►�d in cort�truinq ,th3.ta D4ad o! Trust.
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<br /> � r � ''�'�= :�""':!, = 7.iQ No Mercer. I! bo�h �hv Subla►ssQx'� �nd Truator�s
<br /> � � ' ,`�;' estata� ur�d�r the Sublea�e whioh oons+titute�s a part o! th�
<br /> s , .s:�,(��rc Propsrty shall at any time beaome v�astad in one� awcnor, this
<br /> � . y;�:;���,;;� Daed o! Truat and the Lien areate8 h�rebp shall not be
<br /> � � "�•�,;'�;l' dAStroyed or terminated by appliaaticn o! the� doatrine of
<br /> ,�.,. . � merger and, in auah event, Benefiaiary shall aontinue to h�ve
<br /> '.;;�. .: . � end enjoy all ot tt�e rig�ats and privileq�a ot Benetiai�ry aa
<br /> � to the separate estatem. In addit�:on, upon th� fo��olosura o! ��,�,
<br /> r'"- � ' the I,ien creatod by this Deed of Tru�t on the Property
<br /> „�`' � purauent to tho proviaions hereoS, any leaaea or subleases
<br /> ,._ � ' then oxiatinq and areated by Trustor ahmll not bo deatroysd ar
<br /> __ ` terminatecl b�r appliaation of tt�e law o! m�rgsr or as � mt�tter
<br /> � � or law or na a reault of $uain forealosure� un]�ess H�neliciary
<br /> � or any purchaser at any such foxealosure sale shall so alect.
<br /> � .�,'���;:;;;;,.I�` No aat by or on be�aalf of Beneliciary or any s�aata Furahaser
<br /> � , � shall aonstitute a terminatiot� of any les�e oY subleaae uraleas
<br /> �t � B�nefici�ry or suoh purahaser ahall give written no�.fce
<br /> t?nereo! to auch te�ant or subtenan�.
<br /> � 7.11 ,8gpointment of Suaaessar Trustee. Trustee =y�
<br /> �'_' or any suaaessor acting hereunder may re�ign nnd thereupon be ���
<br /> .��• �, disch�rqed o! the trusts hereunder upan tlairty (30) days� �
<br /> �i� written notice to Henefioiary. Regardless oP whether euch
<br /> �1;:, resignation oaaurs, Benefiaiaxy may, �rom tima to time, f
<br /> substitute a euaaessor or suaces+sors to any Tx�ua+tee named �
<br /> % � • herein or actinq hereunder in aoaordano� with any statutory
<br /> �' :.���.;�' procadure !or suoh substitutions os if Ben�ticiary, in its �
<br /> � . � sols diacretion, so eleats, Benefiaiary s�ay substitute auch
<br /> � � � '�'�:.,�:� suaceseor or succgssors by reoording irn t2ao offiae of the '
<br /> �;: "� �� • �,�� recorder of the county or counties wh�re th� Frop@rty is
<br /> �� � situated, an fnstrument executed by Benefioiary, and �
<br /> ;. �� :',.� ��! containing the name of the original Trustor, Trustee and
<br /> '"� Beneficiary hereunder, tho Dook and paqe vli�re this Deed o!
<br /> ��'' ` ����'�::_;,, tnast is reccrded and the aame and addres� o€ the nmw Trustee, �
<br /> .�'��� .�� �' .� � wh3ch instruynen� shall be oonclusiv� proaf of proper
<br /> � , . �� sv�bstitution of suctt suocessor Traast�� or Trust��s, who shall,
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