200806031 - Laserfiche WebLink

Browse

200806031 attached or upon which it is or will be located: See Exhibit A hereto. 28. Multi-site Real Estate Transaction. Grantor acknowledges that this Deed of Trust is one of a number of Other Mortgages and Security Documents that secure the Secured Obligations. Grantor agrees that the Lien of this Deed of Trust shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Beneficiary or any other Credit Party and without limiting the generality of the foregoing, the Lien hereof shall not be impaired by any acceptance by Beneficiary of any security for or guarantees of any of the Secured Obligations hereby secured, or by any failure, neglect or omission on the part of Beneficiary to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The Lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Secured Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Beneficiary may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Beneficiary's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the Lien of this Deed of Trust and any exercise of the rights or remedies of Beneficiary hereunder shall not impair the Lien of any of the Other Mortgages and other Security Documents or any Beneficiary's rights and remedies thereunder. Grantor specifically consents and agrees that Beneficiary may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation. 29. Credit Al!reement. Grantor acknowledges that this Deed of Trust is granted as a supplement to the Credit Agreement. In the event of a conflict between the representations, warranties and covenants contained in this Deed of Trust and the representations, warranties and covenants contained in the Credit Agreement, the terms of the Credit Agreement shall control. 30. Request for Notice. Grantor requests that a copy of any notice of default and any notice of sale be mailed to Grantor at Grantor's address set forth in the first paragraph above; that, failure to provide such notice shall not affect the rights and remedies of Trustee or Beneficiary hereunder. [Remainder of page left intentionally blank] 15