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<br /> ;... .tF ,F4 s; B�,be apglied i�reduction of the inclebtednegs herebq sec�red,in any arde� � ,�
<br /> ��.;°'t.. � .'� �ict�gene£Eciary asap de�itte,whether then due and payabte or no�or be paid '
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<br /> F "� ,: ` t°` to Grantar or Ven4u�e,as its int�est mag appear,the choics uf application to be � ;:
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<br /> �z��� �r.'s� so2elg at the discireeti�►of Beneficeaz9 If anp su�h ta�ing or saie includes anp pa�rtion �,y_-_
<br /> -= - ys4" of the E�aaproe�neats,or moze tt�an tan pes�t{10%}bp axea of the Premises,or so� -
<br /> 4 Y� �::;;:��� atnch of th�Prennises tlnat#�e remainder 4he��f c�inot be sised ia the same :�_`°��;
<br /> ' . manner and to tiie sa�oae extent as prior to said takh�g wi�out violaiing some ` ,
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<br /> � ° ` ��` app�iCable Govemnaeatal R�quir�ment or Private Restrict�oa,inclucling but not
<br />:�';`:`r; k:°`�' linnited to those relating ta pazk�tg,Bene�ci�Y maY•at its option,declare the
<br /> £ , ,`�� ;` �� 1t�Pal og and all accrned inter�st an the RIote and all svms advanced hereunder, ��:
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<br /> `,�-'��; ����=,,, � with inter�,to be for�hwi#h due and payabi� , . • . -a.�,��`
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<br /> ,.t�__�u. ` '`•Y' � _$�yQn 3.1. �vao,ts of Defaul�. If anp ane or more of the followin.g � -
<br /> ;t.: r��< � . �Y�7111'�2llet� �,,.,r;� ,..:
<br /> ! r r� E ;.; eV�ItfS tQ�S"CVEittB Of ilP.�tlit'�SitS�I OCC1i�: x !
<br /> . �� ...�;'.'' • , .. .. � . , n�_
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<br /> ' taa Uefault by Grantor in the pay�e�nt of any paYment of PrI�dY� ' °
<br /> � �' ��� and/or infiei+est�to be paid p u f s u a nt to the Note,as aind when d�e, , .5,,-=
<br /> `:;�::;' -'':�u� and the continuance of snch default for a p�d of 5ve(s)d ays a f b e r t h e due ..6
<br /> °�' �*�` �date-of such paynn4nt.
<br /> � �t�r.�;�� .. . _ . . . . . , . . .. �
<br /> � `y �:,�. (b) A default ccc�rs unde�the te�s and p�av�sio�s of Sect�on�.9 �`�, �'
<br /> ,,::�. � . hereof, � � . , . _ __
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<br />_ . (e) Default bq Gzantor wnder as►q.�m,Eovenant or aonditton of � . ,� '
<br /> r � °� this De�dl of�sust,o#her tl�n a:defautt descri6ed�n subsection(a)Qs �, �'
<br /> , ��+p ` �.�.� . subs�on(6)abave,aad.such default s�all can4inue for a gadod of dlis�y(30j _ �'�='
<br /> '` .; ,.. ''� daqs after w�ttan notiae of such degantt is given bp Bene�c�ary tu Grantor; , �� -
<br /> �' ��;�:`';'� � pmv�ded,however,tt�at i�such default is of such natvue that it cannot be � .
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<br /> ..�. F..;; . ���au�a�����$���t�►�►�Qa�a��- _ .
<br /> ' '`� � � � commenres to ccire such default praa►pttq after such writ�n notice 3s given �. ;
<br /> �x;` ';�:' -- �`r� � by 8a�teflctary to Grantor and�cantinuousty and dilig�►tIY Praceeds t�ctue . �- --- -
<br /> .�� , -�`',-; � such d e f a u it,s u c h t h i r t Y(3 0�d aY cure p e r�m d s t�a l l b�e e x t�c d e d�b y t h e p e r i n d�. � ��;..__
<br /> �. 9¢'' , - . of tiate ne�cess�ry tv care sach defaplt witl►due diHgenae,p�avided iv,�rlhety' � .
<br /> �:; :: . . howeves,tbat in no�vent shaII suct►care gaeerlod be gr+eafier than ninetp(9p}. . . ;�, -_
<br /> `: p days aft�c su�ch writ�t notiae is g,iven bp Hene�ctmry,or . _
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<br /> � . : � � (d) An�dent of defanit or an Bvent at Default,as defined therein. �
<br /> � .. ;. , . . ocaus e�tder t�ie Note;the Loan Agreement or any s7ther f.oan Document, ,��
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