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84005068
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84005068
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Last modified
11/20/2008 9:04:00 PM
Creation date
11/20/2008 9:03:57 PM
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DEEDS
Inst Number
84005068
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<br />1 ,21. ~c~_ <;>f Grantor. Wi t......out the prior consent of <br />Beneficiary, Grantor will not further encumber the property <br />descrlbed on Exhlblt B hereto and will not amend any major lease <br />or mortgage presently eXlsting as to the property described on <br />Exhib:t B hereto or relating to the Nash-Finch Company. <br /> <br /> <br />84- 005068 <br /> <br />r <br />I <br /> <br />liensJ <br /> <br />charges, <br /> <br />encUlnbrances, <br /> <br />1.19, Copy of Mortgage, ~~antor has been furnished <br />tru~, correct, complete and accurate copy of this Deed. <br /> <br />1.20. Counsel. Grantor has retained <br />represented continuously throughout the transaction <br />by this Deed by legal counsel of its own choosing. <br /> <br />II. D ~ ; ~ ~ b T; ~ ~ ~ ~ ~ I ~ ~ <br /> <br />The Grantor and the Beneficiary hereby agree further as <br />fol::'ows: <br /> <br />Ii <br />I <br /> <br />~, _, D~f~l t5; ~cce::'e=at}_. ~, The ocrc,rrence of any of the <br />followlng snal~ constJ~ut:e a Zault" hereunder: any failure of <br />the Grantor to make any payment of any princlpal on, or of <br />in:.erest or' any other amount under, the Note wi thin seven (7) <br />days of wh.~ due or declared due; any other defa<, or failure <br />of the Grantor properly to perform any of its other obligations, <br />hereunder' or 4nder the Note, the Loan Agreement, the Commitment <br />or anj~ of the Secur-::. ty Documents Wl thin thirty (30) days after <br />nct:lce and demand; and, the occurrence of any Event. of Default <br />under the Loan Agreement, Upon the occurrence of any Default, <br />the en:.:re lndebtedness eVldeneed by the Note and all other <br />Liabillt:es, together \Nlth :lnterest "thereon at the rate <br />appl~cable after matur~ty as provlded In the Notei shallj at the <br />opt-lon \)f t.he 5enefic:ary. notwi'thstanding any provisions thereof <br />and Wl thout derna!;cl or Dati ce of any k~nd 'to "the Grantor or \:0 any <br />other person. become and be immediately due and payable, <br /> <br />I <br /> <br />~,_, Remedles Cumu::'atlve, No remedy or right of the <br />Benefi Cl ary-lle-1:eunde'i:--;;:linder the Note. the Loan Agreement or <br />any other Seeu=:~y Docunents or otherwise, or available under ap- <br />pllcable law, shall be exclUSlve of any other right or remedy, <br />but each such remedy or r1ght shall be ln addltion to every other <br />remedy or r:gh:. now 01' hereafter' eX15tlng under any such document <br />or under app11cable law. No delay in the exerCIse of, or omlS- <br />Slon to exerClse, any remedy or right accrulng on any Default <br />shall Impair any such remedy or rIght or be construed to be a <br />waIver of any such Default or an acqUIescence therein, nor shall <br />it affect any subsequent Default of the same or a different <br />nA~ure. EVery such remedy or right may be exercised concurr~ntly <br />or lndependently, and when and as often as may be deemed expe- <br />dient by the Beneficiary. All obllgat:ons of the Grantor, and <br />all rights, powers and remedles of the Beneficlary expressed <br />hereIn shall be in additIon to, and not in limitation of, those <br />p.t~ovided by law or .In 'the Not.e or the Loan Ag:~eement- or the <br />Security Documents or any other written agreement or instrument <br />relatIng to any of the L:abllitles or any securIty therefor, <br /> <br />I <br />I <br />l <br /> <br />-12- <br /> <br />I <br />I <br /> <br />I <br />i.-- <br />
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