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200512344
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12/19/2005 2:45:43 PM
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12/19/2005 2:45:41 PM
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DEEDS
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200512344
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<br />- 20- <br /> <br />200512344 <br /> <br />(ii) then to the payment of all charges, expenses and advances incurred <br />or made by the Trustee or the Beneficiary in order to protect the Lien and estate of this <br />Deed of Trust or the security afforded hereby; <br /> <br />(iii) then to the payment in full of the Obligations, ratably in accordance <br />with the respective amounts then due and owing or as the Lenders and the Swingline <br />Lenders may otherwise agree; <br /> <br />and after payment in full of all Obligations any surplus remaining shall be paid to the Trustor or <br />to whomsoever may be lawfully entitled to receive the same. <br /> <br />(b) Liability for Deficiencies. No sale or other disposition of all or any part of <br />the Trust Estate pursuant to Section 4.02 shall be deemed to relieve the Trustor of its obligations <br />under the Credit Agreement or any other Loan Instrument except to the extent the proceeds <br />thereof are applied to the payment of such obligations. Ifthe proceeds of sale, collection or <br />other realization of or upon the Trust Estate are insufficient to cover the costs and expenses of <br />such realization and the payment in full ofthe Obligations, the Trustor shall remain liable for any <br />deficiency. <br /> <br />Section 4.04. Right to Sue. The Trustee and the Beneficiary or either of them <br />shall have the right from time to time to sue for any sums required to be paid by the Trustor <br />under the terms of this Deed of Trust as the same become due, without regard to whether or not <br />the Obligations shall be, or have become, due and without prejudice to the right of the Trustee or <br />the Beneficiary thereafter to bring any action or proceeding of foreclosure or any other action <br />upon the occurrence of any Default existing at the time such earlier action was commenced. <br /> <br />Section 4.05. Powers of the Trustee and the Beneficiary. The Trustee and the <br />Beneficiary may at any time or from time to time renew or extend this Deed of Trust or (with the <br />agreement of the Trustor) alter or modify the same in any way, or waive any of the terms, <br />covenants or conditions hereof or thereof, in whole or in part, and may release or reconvey any <br />portion of the Trust Estate or any other security, and grant such extensions and indulgences in <br />relation to the Obligations, or release any person liable therefor as the Trustee or the Beneficiary <br />may determine without the consent of any junior lienor or encumbrancer, without any obligation <br />to give notice of any kind thereto, without in any manner affecting the priority of the Lien and <br />estate of this Deed of Trust on or in any part of the Trust Estate, and without affecting the <br />liability of any other person liable for any of the Obligations. <br /> <br />Deed of Trust <br /> <br />NY3:#7374669 <br />
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