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..:x <br />��m�E�ORDfO �' <br />�0��0���� 20�1049�13 <br />powers, duties and privileges of the predecessor trustee, without the necessity of any conveyance from such <br />predecessor. <br />Section 7.5 Waiver of Jury Trial. TO TI-iE FLTI,LEST EXTENT PERMITTED BY LAW, <br />BORROWER AND LENDER HEREBY WAIVE TI�IR RESPECTIVE RIGHT TO TRIAL BY NRY IN ANY <br />ACTION, PROCEEDING AND/OR HEARING ON ANY MATTER WHATSOEVER ARISING OUT OF, OR IN <br />ANY WAY CONNECTED WITH, TI� NOTE, THIS DEED OF TRUST OR ANY OF TI� LOAN <br />DOCUMENTS, OR TI� ENFORCEMENT OF ANY REMEDY UNDER ANY LAW, STATUTE, OR <br />REGULATION. NEITI�R PARTY WII,L SEEK TO CONSOLIDATE ANY SUCH ACTION IN WHICH A <br />NRY HAS BEEN WAIVED, WITH ANY OTI�R ACTION IN WHICH A JURY TRIAL CANNOT OR HAS <br />NOT BEEN WAIVED. EACH PARTY HAS RECEIVED TI� ADVICE OF COUNSEL WITH RESPECT TO <br />THIS WAIVER. <br />Section 7.6 Intercreditor Agreemen� The terms of this Deed of Trust, any lien and security interest <br />granted to the Beneficiary pursuant to this Deed of Trust and the exercise of any right or remedy by the Beneficiary <br />hereunder aze subject to the provisions of the Intercreditor Agreement (as defined in the Loan Agreement). In the <br />event of any inconsistency between the provisions of this Deed of Trust and the Intercreditor Agreement, the <br />provisions of the Intercreditor Agreement shall supersede the provisions of this Deed of Trust. <br />ARTICLE 8— GROUND LEASE PROVISIONS <br />Section 8.1 Ground Lease Provisions. <br />(a) The Trustor warra.nts that the Ground Lease is in full force and effect, that the Ground Lease has <br />not been amended or modified, that neither the Trustor nor the Ground Lessor thereunder are in default in their <br />respective obligations under the Ground Lease, that neither Trustor nor the Ground Lessor have commenced any <br />action or given or received any notice for the purpose of terminating the Ground Lease, and that Trustor's execution <br />and delivery of this Deed of Trust, the Note, and any other loan documents does not and will not violate any of the <br />terms of the Ground Lease. The Trustor shall pay the rent reserved by the Ground Lease as the same becomes due <br />and promptly perform and comply with all of the covenants, agreements obligations and conditions under the <br />Ground Lease and do all things necessary to preserve and keep unimpaired its rights thereunder. The Trustor shall <br />give prompt written norice to the Beneficiary of any default by Trustor in its performance of its obligations under the <br />Ground Lease and shall pmmptly forward to Beneficiary copies of any notices which the Trustor receives from the <br />Ground Lessor claiming any default by Trustor in complying with the obligations under the Ground Lease. If <br />requested by Beneficiary, the Trustor will use a11 reasonable efforts to obtain estoppel certificates from the Ground <br />Lessor stating (i) that the Ground Lease is unmodified and in full force and effect, or, in the event the Ground Lease <br />has been modified, the nature of such modificarion, (ii) that the Trustor is not in default in its performance of its <br />obligarions under the Ground Lease, or, in the event the Trustor is in default, the nature of such default, and (iii) the <br />last date on which the rent was paid and the amount of such payment. When requested by Beneficiary, the Trustor <br />will promptly furnish proof of payment of all items which the Trustor is obligated to pay pursuant to the terms of the <br />Ground Lease. <br />(b) Trustor will promptly notify Beneficiary in writing of the commencement of a proceeding under the <br />federal bankruptcy laws by or against Trustor or Ground Lessor under the Ground Lease. If any of the indebtedness <br />secured hereby remains unpaid at the time when notice may be given by the lessee under the Ground Lease of the <br />exercise of any right to renew or extend the term of the Ground Lease, Trustor will promptly give notice to the <br />Ground Lessor of the exercise of such right of e�ctension or renewal. <br />(c) Trustor will not surrender the Ground Lease or Trustor's leasehold estate and interest therein, nor <br />terminate or cancel the Ground Lease; and will not, without the prior written consent of Beneficiary modify, change, <br />supplement, alter or amend the Ground Lease, either orally or in writing. As further security for the repayment of <br />the indebtedness hereby secured and for the performance of the covenants, agreements, obligations and conditions <br />herein and in the Ground Lease contained, Trustor hereby assigns to Beneficiary all of its rights, privileges and <br />prerogatives as lessee under the Ground Lease to terminate, cancel, modify, change, supplement, alter or amend the <br />Ground Lease and any such termination, cancellation, modification, change, supplement, alteration or amendment of <br />the Ground Lease, without the prior written consent thereto by Beneficiary, shall be void and of no force and effect. <br />DOCS/1045503.1 21 <br />