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<br />- � '�' ��� 2.0498 Hile No. 958
<br /> yj � � �� 98� sr;iost�
<br /> ` 5� Truator and Beneficiary of even date herewith, Beneficiary�bhall have no recourae
<br /> " �� ' �'�' againat Truator, and Trustor ahall not ha�e any personal liability for the
<br /> payment of the Promiaeory Note, or for the per£ormanc� or observance of any of
<br /> the terms, conditione or provisions of any oi the Loan Documenta, except as �-
<br />��� �.
<br /> hereinafter set forth in this Paragraph 6.13, �t which time: F
<br /> '•�'" '" (a) No attachment, execution, w:it or other proceas shall be _
<br /> " 3 sought, and no judi.cial proceeding ehal: be instituted by, or on behalf
<br /> �� of, the Beneficiary against Truator or ".ruator's successors or asaigns, ae _
<br />- , a result of any breach or default un?�r the Pramiseory Note or any of the
<br /> ' Loan Documenta, unlesa auch atta;hment, execution, writ or procQSS shall
<br /> be nar,essary to enforce (1) a:ty of the righta, remediea or recouraes of
<br />__��. . the Beneficiary against, or with reforence to, the property securing the
<br />_?: ... �.L-�- Promissory Note or (2) personal liabil.ity of Truator not exeeeding
<br /> � ' � � $2,975,000.00.
<br /> . ,��,; (b) In the event that any suit is brought under the Promiasory
<br /> " Note or any of the Loan Documenta, whether before or a£ter the maturity of _
<br />_ ,,� the Promisaory Note by acceleration, passage of time, or otherwise, that
<br />-''�' '" . portion of any judgment obtained in, or as a result of, such suit in
<br /> • exceae of. $2,975,000.00 ehall be enforceable and enforced solely againat
<br /> � -, the property escuring the Promissory Note;
<br />- - .•• provided, however, that the Beneficiary ahall have �ull recouzae againat the
<br /> Y. • �� Truator and Truetor ahall be j ointly and severally peraonally liab'le and promptly
<br />"' �'��' J � account to the Beneficiary for: -
<br />- •• ' (i) Any Security Deposita from Leases of apace in the Real
<br /> t��'�. � Eatate given as collateral in this Deed of Trust deposited with
<br />�^. :a,.
<br />�,,,�� ;;. •'�� Trustor to the extent that the same have not been properly applied
<br />-�".;±.� . purauant to the terme o£ applicable Leasea s
<br /> g'��::`,;�'..��� .
<br />�:;.,,,`.,.�� (11) All ren.ta, iasues, profits and income derived from the
<br /> _ . property securing the Promisaory Note collected for more than one
<br />�;,,,.;�,;., , (1) month in advance;
<br />_�,.;.._ ..,....rt
<br />'-��"':� ' � (iii) Al1 renta, iasues, profits, products and income of the
<br />"��•�'`•'�?.�. property securing the Promieaory Nate received following any Event
<br />�.:1,:•.• _'-�±.
<br /> w y,, , ,,,,, af Default and not applied to payment of principal and interest due
<br /> �„.,.,,,��, ., • under ths Promissory Note;
<br /> . �� _
<br /> • (iv) All apecial asseaementa appl icable to the "Mortgaged
<br /> t-:'� �";� ,„ Property,° as defined in this Deed of Trust, levied and aaseased
<br /> '" ' �. before the Mortgaged Pzoperty ia acquired by Beneficiary; and real _
<br /> ' . ,,� estate aud peraonal property taxes which become delinquent prior to
<br />�..,:= `{��� . � the date the Mortgaged Propezty ia acquired by Beneficiary.
<br />� �; (c) Nothing contained in this Paragraph 6.13 shall be construed
<br /> ; � to:
<br /> r' (i) Be a release or impairment of the indebtedness evidenced
<br /> �� by the Promisaory Note or any other obligation aecured by the lien
<br /> •� of any of the Loan Documents;
<br /> (ii) Prevent the Ber.e£iciary from exerciaing and. enforcing -
<br /> any ather remedy al].owed at law or in equity or by any statute or by -
<br /> the terma of the Promissory Note or any of the Loan Documenta;
<br /> (iii) Prevent the Beneficiary from recovering from the Trustor
<br /> any funds, damaqes or costs (includinq, without limitat ion,
<br /> ... ..-.-'--- . , ._..-°'-"''- o-__� :«.....,..�..a t-... �L,.. nonuFiniarv aa a raa��lt •
<br /> - --- . .. reaavuaa�io a�wLaaey a ..c�oi .............. ...j ..�... �_..-----�-, �_
<br /> . of uny fraud or intentional misrepresentation by, or on behal£ of, i
<br /> Trustor, including, but without limitation, any intentional
<br /> miarepreaentations or false atatementa made by Truator upon which �
<br /> " ' the Seneficiary relied in making the loan secured hereby; or prevent i
<br /> the Beneficiary from recovering (a) any damagea to the collateral I
<br /> described in this Asaignment of 12enta and Leases due to waste, or
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