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<br /> '� repair has been completed in accordance with this Deed of Trust, any
<br /> ������" � Condemnation Proceeds, available to Trustor for replacement, restoration
<br /> � �°�'�� or repair, to the extent not used by Trustor in connection with,or to the ��
<br /> � extent they exceed the cost of, such replacement, restoration or repair, shall
<br /> be paid to the Trustor, _�_�::.
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<br /> . (t� The Beneficiary shall be entitled at its option to participate in –�=
<br /> - any compromise, adjustment or settlement in connection with any Taking ..;.�i=
<br /> involving an amount in controversy in excess of$100,000, and the Trustor .rJ'�
<br /> 9� shall within ten Business Days after rcquest therefor reimburse the _ _ _
<br /> ; ._ Hene�iciary�ox aU Peasonai�le out-of-packeY exjpenses (including reasonable = _ -
<br /> � attorneys'fees and disbursements) incuned by the Beneficiary in ;_'"'-�
<br /> connection with such artici ation. The Trustor shall not make an ��+�=�
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<br /> .,� compromise, adjustment or settlement in connection with any such claim in =_
<br /> " i�� excess of$100,000 without the prIor written approval of the Beneficiary. ����__-
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<br /> Section 2.13. Leases: Mana�,ement A�reements. (a) Trustor shall timely perform �.-��
<br /> . �� all of its material obligations under the terms and conditions of any Leases (including E_
<br /> ;�r ground leases) and shaU not accept rent therefor in advance for a period of more than M�
<br /> � • one (1) month. Trustor represents that there are no Le�ses or agreements to lease all or �-
<br />� , any part of the Trust Estate now in effect,except those specificaUy assigned to =
<br />-� �� Bene�iciary by,the Assignment of Leases. There is no assignment or pledge�f any
<br />- Rents no�in effect, except pursuant to the Assignment of I.esses and the Permitted
<br /> � •� 4 � Encumbrances. Trustor shall not make at►y assignment or pledge thereof to anyone
<br />_�;�., }� : . . other than Beneficiary until the Loan Obligations are paid in full.
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<br /> K�"``°'"� (b) Trustor shall not enter into any Lease after the date hereaf that does not
<br /> '�'��''�` contain terms to the effect as follows:
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<br /> �'-°��� (i) such Lease and 4he rights of the tenant thereunder (including,
<br /> ""�°°°°�L=� without limitation, any options ta purchase or rights of first offer or refusal) —
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<br />_-__�.�,-,��.� shall be subject and subordinate to the rights of Bene�ciary under and the _
<br /> --_����--� Lien of this Dsed of Trust and Beneficiary's righ,ts under all Loan
<br />���3 DaLUments, and any rene�vals. modificativ�s and amendn�ents thereto and _----_
<br /> —��'�� thereof; __---_. _:
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<br />=-°- .�{ (ii) such I.ease has been assigned as collateral security by Trustor =--
<br /> t�� �• .; as Iandlord thereunder to Bene�ciary under this Deed of Trust; ---
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