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<br /> � � r� •�� ,� t 1�i � . C .__ ,.tc� ._ __�
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<br /> � � ��I.: 1�efh:r.t�r. J *7�tiK 'rl��MIIA'.i11 I�s+r�+r.�....,,.r..�-__-�-�---.� .� "
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<br /> 6 and operation ot the Truet Property ae �he Pereoa exorcising the
<br /> � �"� righte under thie Section ia ite diecretion may deem proper, the
<br /> °�� •� c3rantor hereby granting full power authority to exerciee each and
<br /> • ,,. every one o! the righte, privileges and powere contained herein
<br /> . ������ at any and all timee while an Event o! Detault existe without _�__ T_ .__^
<br /> - �. "� ° notice to the arantor. If any Bvent o! Default exieta, upon
<br /> � �°`U��'''�'� demand by the Pereon exercieing the righta under thie Section,
<br /> � " the arantor ehall promptly pay to euch Person all Security
<br /> - - , Depoeits under the Leaees, provided that, eubjeat to any
<br /> applicable requirement of law, aay Security Depoeite actually _ �
<br /> . received by auch Peraoa eha.11 be promptly paid to the
<br /> � Beneficiary, and aay Securfty Depoeita actually received by the �-
<br /> ' �' ' �.�� � Beneticiary ahall be held, applied and diRbureed as provided in
<br /> . . i_ . • ,..: " .. . _ ..
<br /> � the applicable Leaees and uader applicable law. if any �veat of ` -` - -
<br /> Default exieta, upon demand by the Pereon exerciaing the righte -
<br /> , � under thia 3ection, the araator ehall �romptly pay to euch Peraon
<br /> � � all Rente allocable to any period af�er the occurrence of auch
<br /> . � Event o� Default eubject to section 5.04 and any applicable
<br /> �-�._�....__._
<br /> ;;, � ..,.;;;i�;, � requirement of law, any Rents recpived hereunder by the Person ;, __
<br /> •� � exercising the righta under thie section ahall be promptly paid ' °'",�-�--�
<br /> � r � �''' to the Beneficiary, and any Renta received hereunder by the '
<br /> �„ ti����.
<br /> dieburaed ae provided in sectioa• -��Fv��--------
<br /> �� ' �'� � �� 8eneficiary ehall be applied and ,;; �L,
<br /> , � ;, •:,' 5.12 hereof. �--- �';'�,.��,,'�•,.�t�i��';;:ti.;,wm..
<br /> • . ,;�:::�:;;�� . ..�.
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<br /> � '�`�`°'.� '� (d) Nothiag in thie Section 5.09 ehall be construed to � �+ '`�`"
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<br /> :��;;:,;:;;.�' be an aseumption by the Pereon exercieing the righte under thie .,�,�.•�:j ��.
<br /> ' Section, or to otherwise make euch Pereon liable for the �'.�'�����- -
<br /> �;.,..:.
<br /> performance, of any oP the obligatione of arantor under the • � � .�`'
<br />_ ______--___ �,RAaes� �rovided that euch Peraon ahall be accountable as •�'r�
<br /> • � provided in Section 5.09(c) tor any Rente or 8ecurity Depoeite _ .; ..,
<br /> , actuaily received by euch Pereon. � -'�.�
<br /> SECTION 5.10. Gonsent to Juriediceion an� Proceas. N;
<br /> (a.) To tha extent permitted under applicable law, in any euit,
<br /> actioa or proceediag arieing out o! or relating to thie Deed of � . . .
<br /> Truet pr any other 9ecurity Document ae it relate� to Trust � �_� , _,
<br /> Property, the Grantor (i) irrevocably consente to the '
<br /> „ juxiediction o! any State or Federal court eitting in the State � �
<br /> of New York and the 3tate in which euch Truat Property ia located f _
<br /> and irrevocably waivee any defense or ob�ection which it may now � -
<br /> or hereafter have �c� the juriadiction of any such court over, the ,
<br /> venue of such court for, or the coavenienc� of auch court as, the � �,,,,.�,;::
<br /> � lorum for any such suit, action or proceeding; and (ii) i
<br /> irrevocably consente to the service of (A) any procese in any .
<br /> '� such suit, action or proceedfng, or (B) any notice relating to �,
<br /> any eale, or the exerciae og any other remedy by the eeaeficiary „�y�;�,?�
<br /> hereunder by mailing a copy of such procees or notice by the , 1�W,;��_.
<br /> United 3tatea regietered or certified mail, postage prepaid, I '�
<br /> return receipt requested to the Grantor at ite addrese specifisd �
<br /> + in or pureuant to Section 6.04, such service to be effective when
<br /> i euch process or notice is mailed as aforesaid.
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