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<br /> c�mF:.ic.-zt juri;di:.::ar.to x eLx:�'Qrce:b!C 4i![�T thC gibVlSN3t1S Of 71ny Ann1iG161�law, Grantor _
<br /> will not executc or deliver any Subordinace Mortgagc u�less(i)it shall contain express covecuints
<br /> to tt� eff�:.t: (�) r�: t�: Se:bo:di�u Mortr�te is iu all i�s�ects wiccarxiitio�lly subjoct and -
<br /> n.tw,�,�ti„�.r�tr,thr. lim and s�curitv intet�st etidence:J by this Ueed of Tnut and cach teim and
<br /> pmvision hcrcof; (b) that if' any a:.dan or proceeding shall be institut�xl to forcclose 4"�e -
<br /> 3ubo�cl;mt� �Lia.�'�:,�e (c�E3.'dloss of whether the s� is a jud'ui.l proceeding or pursuani w
<br /> a power of sak contained tT�ereiN. no ten�nt of suy portion of tue Pr�perty will be named as _
<br /> a party defendant, nor wii! any ution be talan with respect to the Property whicb v��ould
<br /> teiminate aay a:cupaucy or tenancy of the Property without tha prior wriuen consent of Holder;
<br /> (c)that the rents and pmfts, if collocted through a receiver or by the holder of the Subordinate
<br /> Moctgagc. sh�ll be apptiod first to thee obligadons sxurod by this Deed of Ttust, includiug
<br /> principal and iacer�st due and owing on or to bx�une due and owing on tbe Obligations,.is set
<br /> forth in the Luan A�ree�ent, u�d the other indeht�d.ness secw�ed henby, and tben to tb�e
<br /> �yIYfCAL Of In3ZDtGI1aI1CC, OpCI1Llll$C}3�$CS. Z3XCSs sccrecmaAZS, �(�ISb11iSG111C114S 111C11IICd lI1
<br /> �^.^.,.,r.,b'��•��..t,.*.�,w-.�::�;r.}«�g, u����►��n�ri maisr�nan�r pf the Pmnettv=and (dl th�t If aAY
<br /> acaan or proceadin,g shall be bmugbt w fareclose the Suburdinat�MorRgage (regardtess of
<br /> whetber iha same is a judicial proeeali�g ar pwsw�nt tu a power af sab contained therain),
<br /> wrltten notice of the commer�ment tbereaf vvill be given to I�Tolder contemporaneously with tt�e
<br /> c�aent of suci�acii�n oi�:ac�u�; ar,d 4ii) a capy tlz:reof s�ll h3ve becn delivond
<br /> to Holdcr not less than ten (10)days prior to the dau of the execudon of such Subordinate
<br /> Mortgage.
<br /> Section 5.5. Cont t of Cert�in Ctai�s. Notwithstandin�g the provisior�of Subsections
<br /> �2 ar��hcreof, Grantor shaU not b°in ckfault for failure to pay or discharge any tax,
<br /> assessnaent, oc mechanic's or material�an's lien asserted agaiast the Property if,and so loAg as,
<br /> (a)Gruuor sha111�ave notifial tY�kler of same within five days af obt�ining knowkdge thereof;
<br /> (b)Grazuor sbaU dili�ently and in good fais�n e;ontest thc sanoe by xppmpriate legal proceedings
<br /> whicL sh1U operaLe to preveat the enforc�nt or collecdon of tYx same and the sale of the
<br /> � Proper6�r, or any put thereof, W satisfy the sanno; (c) Granwr shall P�PUY �n fiaal
<br /> dttermiaation tlxaeof pay tl�ee amount of aay such taz, assessment or cZaim so detemnined,
<br /> tne�.tlw�r iuitt�all�nctc intemt anrl nenalties�s�tieh m�v be DaVable ia Con�CtiOII thCtCwith:(d)
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<br /> the failure to pay tbe tau assessment aa �xhanic's or mater*:�an's l�en claun docs n�i - --
<br /> co�titute a default under any other deo3 of uust, mortgage or sxurity intet+est covering or
<br /> affocting any part of the Property; and (e) notaitbstanding tlse fongoiag, Griawr shall
<br /> immediately upon nequest of Hokier pay (and if Grantor shall fail so w do, Ho�may, but
<br /> stnll not be rcqui�+od to, PaY ar cause to be dischazged or twnded against) any such tax,
<br /> � assessm�nt or claim notwitbsta�nding such contest, if ia the reasonable opinion of Holder the
<br /> pmperty shaU be in jeopai�dy or in cl�nger of being forfaited or forecloscd. Hokler may pay
<br /> over aa�s�ch cash deposit or part ttsereof to the claim3nt eatitlod thec+�w at any tim�wlxa, ia
<br /> tbe judgment of Holder, the entitlement of such Claimant is established.
<br /> • o�,o�,sc�r000a, 16
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