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93110869
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Last modified
6/14/2006 10:53:40 AM
Creation date
10/21/2005 1:53:38 AM
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DEEDS
Inst Number
93110869
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<br />Building <br /> <br />substantially ln accordance wi th <br /> <br />the pla.ns <br /> <br />and <br /> <br /> <br />'. <br /> <br />i."':.~J>~. <br /> <br />93-110869 <br /> <br />Trustee shall not in any case be liable to the Company for failure <br /> <br />to exercise any such right. <br /> <br />SECTION 14. Failure to Complete. If Company at any time <br /> <br />prior to the completion of the Project abandons the same or ceases <br /> <br />work thereon for a period of more then 20 days or fails to complete <br /> <br />the construction of the Building substantially and in accordance <br /> <br />with plans and specifications for the Project, or fails to <br /> <br />construct, or acquire or install all other facilities necessary in <br /> <br />connection with the Project, then the Trustee, at its option, and <br /> <br />at any time thereafter, may but shall be under no obligation to <br /> <br />'enter into possession of all or any port:Lon of the Proj ect and <br /> <br />perform any and all work and labor necE~ssary to complete the <br /> <br />specifications for the Project, may construct, acquire and insta~l <br /> <br />all other facilit~~s necessary in connection with the Project, <br /> <br />and employ watchmen to protect the Project from injury. For this <br /> <br />purpose, the Company hereby constitutes and appoints th8 Trustee <br /> <br />its true and lawful attorney-in-fact with full power of substi- <br /> <br />tution in the premises, to complete the construction and equipping <br /> <br />of the Building on the Land and hereby empowers said attor~ey as <br /> <br />follows: <br /> <br />(a) To, in the name of the Company, execute and <br />deliver orders for the disbursement of monies from the <br />Construction Fund established in accordance with the <br />Indenture; <br /> <br />(b) To make such additions and changes and <br />corrections in the plans and specifications for the <br />Project which shall, in the opinion of the Trustee, be <br />necessary or desirable to complete the Project in <br /> <br />17 <br />
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