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201002498
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Last modified
4/15/2010 2:25:00 PM
Creation date
4/15/2010 2:23:04 PM
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DEEDS
Inst Number
201002498
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20.002498 <br />event Grantor shall request the consent of Beneficiary in accordance with this <br />subparagraph (a), Grantor shall deliver a written request to Beneficiary together with <br />complete information regarding such conveyance or encumbrance (including complete <br />information concerning the person or entity to acquire the interest conveyed). <br />Beneficiary shall be allowed thirty (30) days after receipt of all requested information <br />for evaluation of such request. In the event that such request is not approved within <br />such thirty (30) day period, it shall be deemed not approved. Approval may be <br />conditioned upon payment of a percentage (as then determined solely by Beneficiary) <br />of the outstanding principal balance of the Loans as a transfer fee and such <br />modification of the Loan terms, interest rate and Maturity Date as determined by <br />Beneficiary in its sole and reasonable discretion. Consent as to any one transaction <br />shall not be deemed to be a waiver of the right to require consent to future or <br />successive transactions. <br />(b) Any consent by Beneficiary, or any waiver by Beneficiary of an Event <br />of Default under this paragraph 29 shall not constitute a consent to or waiver of any <br />right, remedy or power of Beneficiary upon a continuing or subsequent Event of <br />Default under this paragraph 29. Grantor acknowledges that any agreements, liens, <br />charges or encumbrances created in violation of the provisions of this paragraph 29 <br />shall be void and of no force or effect. Grantor agrees that if any provision of this <br />paragraph 29 is deemed a restraint on alienation, that such restraint is a reasonable one. <br />30. Ex eases Relatin to Note and Deed of Trust. <br />(a) Grantor will pay all expenses, charges, costs and fees relating to the <br />Loans or necessitated by the terms of the Note, the 2007 Note, the Loan Agreements, <br />this Deed of Trust or any of the other Loan Documents, including without limitation, <br />Beneficiary's attorneys' fees in connection with the negotiation, documentation, <br />administration, servicing and enforcement of the Note, the 2007 Note, this Deed of <br />Trust, the Loan Agreements and the other Loan Documents, all filing, registration and <br />recording fees, all other expenses incident to the execution and acknowledgment of <br />this Deed of Trust and all federal, state, county and municipal taxes, and other taxes <br />(provided Grantor shall not be required to pay any income or franchise taxes of <br />Beneficiary), duties, imposts, assessments and charges arising out of or in connection <br />with the execution and delivery of the Note, 2007 Note, the Loan Agreements and this <br />Deed of Trust. Grantor recognizes that, during the term of this Deed of Trust, <br />Beneficiary: <br />(i) may be involved in court or administrative proceedings, including, <br />without restricting the foregoing, foreclosure, probate, bankruptcy, creditors' <br />arrangements, insolvency, housing authority and pollution control proceedings of <br />any kind, to which Beneficiary shall be a party by reason of the Loan Documents <br />or in which the Loan Documents or the Premises are involved directly or <br />indirectly; <br />(ii) may make preparations fallowing the occurrence of an Event of <br />Default hereunder for the commencement of any suit fox the foreclosure hereof, <br />which may or may not be actually commenced; <br />21 <br />
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