|
V� ,� ' � � .• ..
<br /> . . . � . � .�a�._...
<br /> 1`i.
<br /> .. /:J
<br /> ' ^t��' • . ' � ,:,Ya��' -
<br /> • - •�• v.,.,._.,:.,r1+r*.v�rir+.,+n+1 �F�AIW'.wr,r�., .... ... . . .,fN�.vn�.�.�s.�.•.-..,........ . ,"-�..�=--
<br /> - r ,� . _.. _ _ .... .. .. . .. .. _ .. . .� .. ... . �._.,��, .
<br />_ �t ,�. . .r:r.�'r,
<br /> .. � :.�'
<br /> � z.oa9e '
<br /> �� � File No. 958
<br /> � ' 9�- 1�1018
<br /> . ,•,! ahall not have been cured within thirty (30) daye afeer written notice =
<br /> : � from Beneficiary of auch failurej ,' -
<br /> � lc) the occurrence of a default, or an Event af Default, under any i
<br /> �i1°"1°�� Loan Document Ather than t o �
<br /> ,���� ( hia Deed f Truet) or under any othex
<br /> obligation of Trustor to Ben�ficiary, whether or not exiating on the date
<br />- I q hareof or hereaf�er areated or ari.eing, and auch default ia nat cured _
<br /> ���'
<br /> 'f within the applicable cure period, if any;
<br /> �'
<br /> . � ldl Tz�uator ahall file a voluntaxy petition in bankruptcy or shall �
<br /> � be adjudicated a bankrupt or inso].vent, or ahall file any petition or
<br /> � answer aeeking or acquiescing in any reoryanization, arrangement, compoai-
<br /> tion, readjustment, liquidation, dieeolution or e.imilar relie£ for iCself
<br /> � under any preaent or future federal, state or other atatute, law or
<br /> �� regulation relating to bankruptcy, inso].vency �z other relie£ �or debtorsp -
<br /> or Trustor shall sPek or consent to or acquieace in the appointment of any
<br />- . • trustee, receiver or liquidator of Truator or of. all or any part of the
<br /> ' ` Mortgaged Property, or of any or all of the roya ltiea, revenuea, renta,
<br /> � ieaues or profits thereofj or Truator ahall make any general asaignment __
<br /> �� for the benefit of creditora, or ahall admit in writing Trustor�s
<br /> inabilitytco pay its debta generally ae they become duej
<br /> , ' (e) a court of competent juriediction ahall enter an order,
<br /> � judgment or decree approving a petition filed against Truator seeking any
<br /> -� rearganization, dissolution or aimilar relief unde r any present or future
<br />_______ federal, atate or other statute, 1aw or recrulation relating to bankruptcy,
<br /> � insolvency or other relief for debtors, and auch order, judgment or decree
<br />- shall remaia unvacated and unatayed for an aggregate of sixty (60) days
<br /> , � • (whether or not conaecutive) from the firat date of enCry thereofj or any
<br /> truatee, receiver or liquidator of Truator or Af all or any part of the
<br /> - � Mortgaged Property, or of any or aJ.l of the roya lties, revenuQa, renta,
<br />' isauea or profita thereof, �hall be appointed without the consent or
<br />-� acquiescence of Truetor and auch appointment sha11 remain unvacated and
<br />' unstayed for an aggregate of aixty (60) days (whether or not conaecutive) j
<br /> • , (f) a writ of execution or attachment or arly aimilar procese shall
<br /> ` be isaued or levied against all or any part of or intereat in the
<br />�
<br />.-..- . Mortgaged Property, or any judgmont £or monetary damages shall be entered
<br />= -` • against Truator which shall become a lien on the Mortgaged Property, or ��r�
<br /> any portion tliereof or intereat therein, a�id such execution, attachment or
<br /> • similar roceas or ud ��°�
<br />, p j gment ie not releaaed, bonded, satisfied, vacated or
<br /> _ etayed within aixty (60) days after its entry or levy;
<br />_ �
<br /> 4_
<br />- (g) any suiC or proceeding ahall be filed againat Trustor or any --
<br /> , endoraer or surety on any of the Loan Documents which, if adversely =;`
<br /> determined, could substantially impair the ability of Truetor or any —'
<br />_ �,-_-
<br /> ettdorsar or surety Co perform any of their obligations contained in the �;
<br />= Loan Documents, as deCermined by Heneficiary in ita sole and abaolute �"
<br /> ' discreti.on, provided that auch auit or proceeding is not dismissed cvithin .,+;.�,
<br /> thirty (30) days after service of summons upon �uch party; `'-�,�.--,._
<br /> (h) if, during the term of the Promisaory Not�, Trustor ahall, " _
<br /> _ without the prior written approval of Beneficiary, sell, convey, alienate, '
<br /> mortgage or encumber the Mortgaged Property, or any part thereof or any
<br /> - interest therein, or shall be diveated of its title or any interest �
<br /> therein, in any manner, whether voluntarily or involuntarily; or if there
<br /> is any merger, conaolidation or disaolution af£ec ting T'rustor;
<br /> (i) any asaignment by Trustor of the whole or any part of the
<br /> . renta, ��J8LL68 OY DTOf1t8 arisina fYOI�1 thE? MnrY.uwaPA Prnncrtv tn anv r�aronn -
<br /> � .. . . -- ----• r-----' :
<br />- �I without the consent of Beneficiary;
<br /> I
<br /> ; (j ) at any time any repreaentation, warranty or atatement made by
<br /> I Trustor in any Loan Document, certiEicate or financial statement delivered
<br /> - by Trustor shall be incorrect or misleading in any roaterial reapect; or
<br /> any material miorepresentation shall at any ti.mel�� made to Beneficiary by
<br /> - Trustor;
<br /> 17 I
<br /> I
<br />
|