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<br /> GrenCoz ehatl �ppoar ia�and contoet any accion or procoading ��nd ehcall� La u�l�coojta C^;
<br /> eacuxity tsareo€ or t.he righta ox pewers of Bosneficiary or Truecoe,
<br /> P Y r'-
<br /> and expenae9, includie�g cclet o� ovid�nce uf tl.r.le and atxorney's Laes, in any �uch eccion _
<br /> or pracee�iing in Wl►ich rienefici�ry oi T�us�so nay appccY. Shote�d Grnntor fail to make any
<br /> pa}m�ent or to da any ac� ae and in the manner provided in 8l1)1 of the Loan Docum�nta,
<br /> Beneficfary end/or TYU::tr,c, in cnc!a i�y o�rn discretion without obligntion and aftex WriCtsn r
<br /> notice to tirantor., anay pake or do the sar�e in auch �nanner an�. co such oxtent us eici►er raay
<br /> daetw neceeeer,y to protaCt the aecurity hereof. Grantor shal.l,
<br /> immediateiy upon demend
<br /> therefnr by Beneficiary� pay al.l coata and expenses inautcred by Bene£iciary in com�ection
<br /> with tha axerciae by Ben�ficiary of tt�o foregoSng righta, including, without limication,
<br /> aoata nd expenses not p id cwi�hin�ten�(10)rdayslof writt n d m nd hall' d aw interest�at `
<br /> the Default Rate provided in t he No te.
<br /> 9. USE OF PROPERTY. Unless required by applicable Yaw or unleRS B9neficiary hae
<br /> oth�ritlse agread in wriLSin�, Grantor ahall not allow chenges 1n the use for which all or
<br /> any part of the Proparty xae intendad at the time this Inetrument was executed. Grantor
<br /> ahaY1 not initiate, approve, pterticipato in or acquiesce to any chunge in or modi€ication
<br /> to zoi►ing in effect for tno s�roper�}r o-r any portion the�eo£unlesa Benefici�+ry sh�ll cvnaent
<br /> to such aation.
<br /> 10. LIENS. Gra�2o� stiall pxomptly disct�arge any lien whiah t�as� os tnay have,
<br /> priority over or equal�.ty with the lien or �sCate creatPd by�boY ior tmaterir�l.sn Co ror tin
<br /> shall pay. when 3ue, �7zo cla3ms of all persons e►�pplying
<br /> coxulection with the Fxo��erxy. In the event a mechanic'� lien shall be �31ad againaC the
<br /> Property, Grantox sha11 zazase same to be satisEied or. bonded off wi.thici thirty (30) days
<br /> after r_he £iling there¢+f. Vithout Ber�eficiary's prior wriCten consent, Grantor sha11 not
<br /> create. suffer, permit ar allow an�r etat�+tory lien, collateral oatete, or othex lien, rX�sim.
<br /> estate or encuntxrAnceQinfexior to th+T rt,.trw�a►an��fbanyrmechanic'�elientor othar9lien�
<br /> Property. c�rsatior's ..,�2i�� ..a ���----
<br /> �r►c�u�brance or est�ca de�cribed in this Section wittnin �hixty dsys �ftar the aaw� i��s ossn
<br /> Pi�.ed of r�cord ehs�l, ar�t the Hensficiasy's o�tion, constitute an event of defatilt undar
<br /> thi.s In�truasnt and sha�� xontinus aa an evanx of deP�ult �til such tiae as s�id lian�
<br /> esxata. or ancusbrancs �ms Eaen rale�oad oi' racura. Orantor �ereby covenants and agre�s
<br /> that BeneficLsr� sha7.1 be subxogs��e�1 Ca �he lien of e�ny mortgage, este�.�+e, or other lien
<br /> diachargad. in w;hvle or im paxt, �y she indebtedness secured hereby.
<br /> 11. INSPLCTION. Bane£iciary may make or cause to be n�ada reasonabls an�rie9 upon
<br /> and insp�ctione of the I'roper ry to assure complianr.e wi�h the terme hereof.
<br /> 12, BOOKS AND RECOItDS. Gx.as��tor ahall keep and maintain at all times at Grantox's
<br /> addxes� etated heXein, oa �uch other place as BenelEiciary may approve in Writing, coaplat�
<br /> and accuiate books of �c�ounts nnd recoxds adequate to reflect �C�a�eQat��dCOtherginaCrwrsnts
<br /> operstion of the Property 8nd copies of all written contrac+�s, .
<br /> whieh 8f�ect t�Ps�e �roperty_ Sucei �,opks� raeoxds, eontraete. leases and other instswrenta
<br /> ahall �e sub�a�'G to ex�ninstiora �and inapection at any reaa�onable tf�e by Beneficiaxy.
<br /> Graneo•r shall flixriieh to Beneflci.�ry conplete financial atateraente fox �oti� Grantor and th�
<br /> Propertiy as required by tl�e Note.
<br /> 13. TRAN��ERq OF 1'i�t8 PROPER'fY. In che event Grancor yhull, direatly or indirectly,
<br /> sell or attenpt to ael 1, trransFer, asaign, convey, mortgage� lease subetaneially in its
<br /> entix�ty or oeheraisa c�ia�o�e o£ an� estaCe or interc�st in the Property, or any part of
<br /> parcr� therenF, or any 1.ega1 ox equitable i�z�exeat therein, inc�,uding disposition by land
<br /> installmgnt cantract, wit'hout the priox wr�tt•en approval of th�eri the�corporate f a chiaeevf
<br /> thera ahall occur any ►nat�eriaal claaages� dirmct or indtrect,
<br /> tt�e Grantor� iricluding wfthouti limi•taCi.on, dfsenfra�;nfaement or ehe eaag�er or dfa�olution
<br /> o� such f'�anchise. vithout the prior approval of rhe �eneficiary, of if zhere shall. occur
<br /> any c4�anges� 81rec� a� �imdirect, in tho m�norahip ar cont�rol of Grantor by virtua of
<br /> tran�fera of shares of �tjDCk or oeh�x'wiso such thnt Michael. l�. ��ukan snd Nanan 1�. Toukan,
<br /> colleativslre awn less �hana ma,jority of tho voting sharess antl wating power of th� Cxnntor,
<br /> auch txansfsr ���nll constitut•e an event og default under thia lastrumant and the Bene�icia�
<br /> �wy �t ary tit�e thera�.��er, at Bone£iciary's option, declare all of the swn� Recursd by ehi�
<br /> Instr�uaent to be iromedia�tely due and payab].e and may invok� xny other default remedies
<br /> ...__.._._...
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<br /> 14. ASSIGNMENT OP RENTS AND LEASES. A3 parC of the considoration Eor tlte
<br /> � indeb�odneea evtdenced fi�rthe Noto. Gra�tor hereby absnlutely and unconditionally n�signs
<br /> -= and transfore to Benefia inry aYl of the lesses and subleases now existing or hereufter
<br /> — enterod 3rito wiCh sesp�ect to the Praperty, and a13 modifications, renewals and extc+nsions
<br /> thereof (the "Leasea") a.�d all �he renea and revenues, which shall Lncluda vnllhVeV±rrue
<br /> = aepacsits. oi cna rropexcy, inciuu�np, trtose now due, p89L uua, o: :.a ..�c��:.�
<br /> �� oif any of the Leeees or �ey other agreement for the occupancy or use of all or any part of
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