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<br /> .. •. � 2.0498 File No. 95B
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<br /> violation of which would materially and adveraely affect the properties, buai- ' �°�'+`..
<br /> . . �= neaa, proapacts, profita or conditian (financial or otherwiae) of Truator. �r;':=-
<br /> ��,.tw��.4�,'� 9eCtion 1.31. A000���rtt o! Suoa�uor Tru�t��. If Trustee sha11 die, be E_� �
<br /> dieaolved or become diaqualified from actiag in the execution of this truat, or �';.
<br /> • ''''�� ahall fail or refuse to execute the eame when requestad by Beneficiary to do so, t�i-•
<br />��;N� or if, for any reason, Beneficiary shall prefer to appoint a subs�itute Trustee ��
<br /> � to act inatead of Trustee named herein, Beneficiary shall have full power, _-
<br /> subject to applicable law, to appoint, by written instrument, a aul�atitute `
<br /> �� • " Trustee, and, if necessary, eeveral substitute Truatees in auccesaian, who ahall
<br /> aucceed to all the estate, rights, powers and duties of tYie original Truatee
<br /> namad hez�ein. such appointment may be executed by any authorized agent of
<br /> • Seneficiary, and, if Benefic:iary is a corporation or limited partnerehip, and -
<br /> ;j auch appointment is executed in its behalf by any officer of such corporation or _—
<br /> �• general partner of auch limited partnerahip, such appoin.tment shall be
<br /> . . concluaively preeumed to be executed with authority and shall be valid and
<br />-„ ` ,� su£ficient without proof of any action by the board oE directors ar any auperior _
<br /> officer of the corporation or further partnerahi� action in the event of a
<br /> lfmited partnership. -
<br /> � qp�rtv. Truetor shall -
<br /> ,. Sacti�.On 1.32. �r n • o a �r�s
<br /> � not, by operation of law or otherwise, aell, convey, alienate, tranafer,
<br />:�,, mortgage, encumber or asaign ownership or control of all or any part of the
<br /> , •� Mort�aged Property or any intereat therein, without the consent of Seneficiary.
<br />.� 3ection 1.33. L�au� pr9visionr. Any lease of all or any part of the
<br /> ': ,_ _- _ pTnrr3aga�l vroperty by Truator permitted under this Deed of Trust shall contain
<br />';,. . a provision obligating auch leasee to enter into a aubordination, attornment and
<br />- , nondioturbance agreement with Beneficiary, in form and aubatance satisEactory to
<br /> . Benef iciary.
<br />:,, Section 1.39. �inaaaiai 9tat�m�ntE. Truetor shall provide Benaficiary,
<br />' ' ,. ' no later than May 1 of each calendar year:
<br /> � �;rr.�
<br /> � (a) Trustor's an�nual operating atatement with reapect to the
<br /> " _ Mortgaged Property for the immediately preceding calendar year and a
<br /> '� , . current financial statement of Trustorj
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<br />''��:.a'� . (b) The current £inanoial statement of Truetor;
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<br /> (c) A aopy of Trustor�s federal income tax return for the
<br /> . immediately preceding year; and
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<br /> -�.""' � '� (d) Such other financial detail, information, reports and copiea
<br />� of tax returna as Beneficiary shall request, from time to time, v�ith �
<br />-` r��-��:: respect to Truator.
<br /> ,:"�;'.
<br />� ' Truator sYiall further provide Beneficiary such other and further financial
<br /> i. information and data concerning Trustor and the Mortgaged Property as Beneficiary
<br /> �.r. ehall require from time to time.
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<br /> . Al.l financial data rec�uired to be provided hereunder shall be in suc2a form __
<br /> as Benef iciary shall approve. '���;`-
<br /> ARTI CL8 II
<br /> � BBNBFICIARY�3 POWSRS
<br /> At any time, or from time to time, without liability, thezefor,
<br /> Beneficiary, without affecting the personal liability, if any, of any peraon for
<br /> .,a�„�,a„r nf r.hP secured Obliaations or the effect of this Deed of Trust upon the
<br /> remainder of said Mortgaged Property, may from time to time without notice (i)
<br /> release any part of said Mortgaged Property, (ii) conaent in writing to the
<br /> making o£ any map or plat thereof, (iii) �oin in granting any easement thereon,
<br /> (iv) join in any extension agreement or any agreement subordinating the lien or
<br /> i charge hereof, (v) release any peraon so liable, (vi) extend the maturity or
<br /> a1Cer any of the terms of any Secured Obligations, (vii) grant other indulgencea,
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