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<br /> ^ � b j„�.,,,'�yy -� y H1:�S-�t� ...Y � � 1�'— __., ., . '_. ._..
<br /> �.,� «.r�:.,;�... `.-.« , RES��� �e�w'mv.^^��-:'�C •�4�:.3�iilr:'
<br /> L�' e . _---. _. ._
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<br />._-_ _--_t•'____. � . • :L . "'r' � . . _ .__— _
<br /> . ..,..aw�++�-r�:�„�. • � . ., _
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<br /> 'yY�!Z:�(r�.. ' _ _ .
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<br /> ����� . �- 92— !U�4 r �_ _.
<br /> �n�.,�.V. ,� . ��-
<br /> provided, however, if applicable law requires such proceede to be
<br /> paid or applied in a manner other than ae aet lorth above in thie
<br /> �' Section 5.12 (a) , then auch proceede shr�ll be paid or applied in �----
<br /> accordance wieh euch applicable law.
<br /> � � (b) Upcn any eale made uader the poware of eale herein c
<br /> , granted and conferred, the receipt of Heneficiary will be ____ ____-
<br /> _ suffici�nt discharge to the purchaser or purchasere at any sale - - —
<br />��t.� � for the purchaee money, and auch purchaser or purchasers and t3�ie �-�=--
<br /> heira, deviseea, pereonal repreaentatives, succeeeore and aesigns
<br /> '� '�'� thereof will not, after paying auch purchaae money aad receiving �-
<br /> � � ; �� � such receipt of Beneficiary, be obligated to see to the °--=
<br /> ,•.;
<br /> �• - - .:. = • : - P��licat�o» thereot :.r be in any way anewerable for any loes,
<br /> .. . .. � misapplicatioa or noa-application thereog. "� -----
<br /> � ARTICLE VI
<br /> C3ENE12AL - -- _
<br /> i
<br /> ' 9ECTION 6.01. Securit,�Aareement. Thie Deed ot Trust, � _
<br /> to the extent thak it conveye iteme o� pereonal property which -----
<br /> are or are to become tixturea or othez personai property, ehall �
<br /> � aleo be conetruQd ae a eecurity agreement under the UCC and, _ -----
<br /> while any Svent of Detault exiate, the Truotee and Heneficiary °�r.�.��
<br /> phall be entitled with reepect to euch pereonal property to all �;=�-�-�-• '
<br /> ;�.;�„
<br /> remedies thereunder and all other applicable remedies. Without � .�
<br /> limiting the toregoing, any pereonal property may, at Trustee or �;�,�'� - .
<br /> Seneticiary'e option, (i) be sold hereunder, (11) be eold �� :r _-
<br /> _ --�. pursnant to th� UCC or !ii{? he� c�c�Alt with by the Truatee or ��;���r -
<br /> ' Beneficia ia an other manner ermitted under applicable law, '!.z��;'��'• �`
<br /> �"�� i'Y Y P �;���.°.;�
<br /> The Truatee or Heneficiary may require the f3rantor to assemble ,{, ,•-.
<br /> the pereonal property and make it available to the Truetee or }:+��.,��'� :� i
<br /> HenePiciary at a place to be designated by the Trugtee or ,�. .
<br /> ' 8eneficiary. If an Event of Default existe or hae occurred and k •
<br /> • remaine uncured, the Benaficiary shall be the attorney-in-fact M � •�
<br /> �� (coupled with an iaterest) of the Grantor with respect to any and � • �- -x��,��-�
<br /> , all matters pertaining to the personal property with full power ' '. , �
<br /> � � , and authority to give instructions with reapect to the collection F ••°;�::-3�
<br /> - and remittance of paymente, to endorse checks, to enforce the � �• �_
<br /> ' , righta and remediee of the Grantor and to execute oa behalf of �-r
<br /> • the (3rantor and in the Cirantor�s name any instruction, agreement
<br /> , �, or other writfng required therefor. The Grantor acknowledgea and � �
<br /> agreea that a diepoeition of the peraonal property in accordance � �
<br /> with the Trustee and Heneficiary's righta and remediea in respect i ������
<br /> ' of the Property ae heretofore provided ia a cammercially
<br /> . reaeonable diepoeition thereof aad that five days prior notice of
<br /> such diapoaition is commercially reasonable notice. Without in �
<br /> any way limiting the right of Truatee or Beneficiary to eell or , �.�;�=
<br /> '� � otherwise diapose of the Truat Property in a commercially '
<br /> � reaeonable manner, the following, or any of them, ahall be
<br /> � coneidered commercially reasonable: (i) Truatee or Beneficiary
<br /> , . may hold a public eale of the Trus� Property in New York, New
<br /> 1
<br /> :. ' � U11-IlS2l9.V1 4II�97
<br /> N�r.�.��m 37 .
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