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<br /> 'j 2.0498 File No. 958 _.
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<br /> Obllgaeio»e of Truetor hereunder ohall in iio way b��'reloaeed, diacharged
<br /> ,�. or otherwiee affected by reason of : (i) any damage to or destruction oE •,�
<br /> or nny condemnation or similar taking of the Mortgagad Property, or any � =
<br /> �`'���`'� part thereof J (11I any reetricti.on or prevenCion oE or interference with ��.-..
<br /> ti y�,,. . �:
<br />"; � any u$e of the Mortgaged Prap�rty or any part thereof� (iii) any tltle _ _
<br />' defact or encumbrance or any eviction from the Property or the i_`
<br />— � improvementa, or aay part ther�of, by title paramount or ocherwises (iv) -
<br /> '} any bankruptcy, inaolvency, reorganiza.tion, compaeition, adjuetment, �
<br /> � �' diseolution, liquidation or otYaer like proceeding relating to Truator, or v
<br /> •� � � any action taken with reapect to thia Deed of Truat by any truatee or
<br /> ' receiver of Truator, or by any court, in any auch proceedingt or (v) any
<br /> other occurrence whataoever, whether similar or dissimilar to the
<br /> foregoing; whether or not Truator ahall have notice or knok�ledga of any o£
<br />�s � the foregoing. To the extent permittad by law, Trustor waivea all ri.ghts
<br />' now or kiereafter oonferred by atatute or otherwise to any abatement,
<br /> = suapeneion, deferment, diminutior or reduction of anX Secured Obligation. _
<br /> � SeCtion 1.10. �ax�■ and Iannositioa�.
<br /> ` ' (a) Truator agreea to pay, prior to delinquency, all real property �
<br /> taxes and asaesamenta, general and speaial, and all other taxes and =
<br /> assasaments of any kind or nature whataoever, which are asseased or
<br /> imposed upon the Mortgaged Property, or become due and payable, and which
<br /> • create, may create or appear to create a lien upon the Mortgaged Property,
<br /> , cr any part thereof, or upon any peraonal property, equipment or other
<br /> ' � facility uasd in the operation or maintenance thereof (all of which taxea,
<br /> _=_- - acsne6sr�ants and other ge�e*_"r!mPnr.a1 and nonaovernmental chargea of like
<br /> � • nature are hereinafter referred to as "Impoaitions")t provicied, howevar,
<br /> r.
<br /> . that if, by law, any auch Impoeition is payable, vr may at the option of
<br /> • � •• 'r the taxpayer be paid, in installmenta, Trustor may pay the same, together
<br /> ' � with any accrued interest on the unpaid balance of sucYi Imposition, in
<br /> ' K installmenta as the sama become due and be£ore any fine, penalty, intezeat
<br /> ;..;.. ,;:•: •.
<br /> �•r: ., .;.r , or coat may be addQd thereto for the nonpayment of any such inatallment
<br />� , and interest.
<br /> -• �� (b) If at any r,ime after the date hereof there s2ia11 be assassed
<br />- ' or impoaed (i) a tax or asseearnent on the Mortgaged Pzoperty in lieu of or
<br /> . °a•��•.• �•• ' in addition to the Impositions payable by Trustor purauant to aubparagraph
<br /> s-.�, .r.
<br /> �. ,�, � (a) hereof, or (ii) a licenee fee, tax or aesassment imposed on
<br /> _ .,,,, „ Benef iciary and measured by ox based in whole or in part upon the amount
<br /> of the outatanding Secured Obllgationa, then all such taxes, assessments
<br />� or feee ehall be degmed to be included within the term "ImposiGions" as
<br /> f defined in aubparagraph (a) hereof, and Trustor shall pay and diacharge
<br /> � the same a9 herein provided with reapect to the payment of Impositions.
<br /> In addition to the other remediea of Beneficiary under Article V of thia
<br /> " � Dead of Truat, at the option of Seneficiary, all Secured Obligationa,
<br /> together with all accrued interest thereon, ahall become due and payable
<br /> one hundred eigh�y (180) days after Trustor receives writton notice
<br /> thereof in the event that Trustor shall not be permitted to pay such fees,
<br /> taxes or assesaments on behal f o£ Seneficiary.
<br /> (c) Subject Co the provisiona of subparagraph (d) ot this 3ection =
<br /> 1.10, Trustor covenants to furnish Bene£iciary within thirty (30) days =
<br /> after the date upon which any such impoaition is due and payable by -
<br /> � Truator, official receipta o£ the appropriate taxing autihority, or other
<br /> proof satisfactory to Beneficiary, evidencing the payment thereof.
<br /> � (d) Subject to thz applicable atate law provisions, Trustor shall �
<br /> have the right before any delinquency occurs to conteat or object to the I
<br /> I amount or validity of any Imposition by appropriate legal proceedings, but
<br /> �i _�� t... .t...,......a .-.narri�orl in anv wav as relievina. modifvina.
<br /> , . ..--.-: ._7 l�iiib Diaaaa :v� w`. v........�... �v n_..'___'_ ". • ' ' .
<br /> � or extending^Trustor'D covenant to pay any such Impoaition at Che time and I
<br /> in tk�e manner provided in this Section 1.10, unless 'I'rustor has given I
<br /> prior wriCten notice to Bene�iciary of Tr.ustor's intent to so conteat or
<br /> ' object to an Imposition, and unlesa, at Beneficiary's sole option, (i) '
<br /> Trustor shall demonatrate to eeneficiary'o satisfaction thaC the legal �
<br /> proceedings shall conclusively operate to prevent the aale of the !
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