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<br /> . ��� (5) unless th�Security Interest Properry is perishable or � -
<br /> ' �"' threatens to decline speedily in value or is of a type customarily sold
<br /> • on a recognized market, the Trustee or the Beneficiary, as the case -
<br /> may be, shaU give the Trustor at least ten days' prior aotice of the �..
<br /> �_�:..::�
<br /> � time and place of any sale of the Security Interest Property or other -�.�=R�==-:
<br /> � intended disposition thereo£ �."'�'�� -
<br /> ' �':��_.-�-�
<br /> " (b) ff an Event af Default shaU have occurred, the Truste� and the Beneficiary, '�•;;��c=--
<br /> to the maximum extent permitted by law, shall be enritled, as a matter of right, to the ��
<br /> � appointment of a receiver of the Trust�:state,withaut nocice or demand, and wictiout ,�; -_ _
<br /> � regard to the adequacy of the security for the Loan Obligations or the solvency of the , -:��.�___��---_
<br /> � Trust. The Trustor hereby inevocably consents to such appointment and waives notice �;`�'a� �
<br /> of any application therefor. Any such receiver or receivers shaU have all the usual _"'=`-�'�
<br /> ����r�
<br /> . powers and duties of receivers in like or similar cases and all the powers and duties of �:.�, :,
<br /> �� the Trustee and the Beneficiary in case of entry and shall continue as such and exercise ;{������
<br /> '� '',!,?. all such powers until the date of confirmation of sale of the Trust Estate, unless such -
<br /> receivership is sooner terminated. :�,.
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<br />--;;;----— (�} In sn;sal$ nnder an;rr�y�cjc�n t�f this Deed of Tcust or pUTSUBIIt t0 SIIy �,�� � ��
<br /> �, judgment or decree of court, the Trust Estat�,to the maximum extent permitted by law, ., , ��.�
<br /> o' may be sold in one or more parcels or as an entirety and in such order as the Trustee or � ;., ,.
<br /> the Beneficiary may elect, without regarc� to the right of the Trustor or any Person ' r.�: :.;�:
<br /> claiminq nnder the Trustor to the marshalling of assets. The purchaser at any such sale � `��
<br /> � .:��,;
<br /> � � shall take title to the Trust Estate or the part thereof so sold free and discharged of the �: �
<br /> " estate of the Trustor therein, the purchaser being hereby dis�hazged from all liabili4y to �j.'•
<br /> , . . see to the application of the purchase money. Upon the completion of any such sale by �
<br /> � virtue of this Section 5.3 the Trustee or the Beneficiary, as the case may be� shall execute __
<br />���� .�� and deliver to the purchaser an appropriate insmiment that shall effectively transfer aU ��
<br />_'��-r=1�� �•• of the Trustor's estate, right,title, interest,property,claim and demand in and to the __
<br /> �'~��+`�°"�• ` ' Trust Estate or portion thereof so sold, but without any covenant or warranty, express or =-
<br /> � _.{,,..,, w. � 6-�---
<br />' '�'''L � implied. The Trustee and the BeneSciary are hereby inevocably appointed the E�__
<br /> �; :,��. .-
<br /> • � ��:>>•. attorney-in-;act of tha;Tn�stor in its name and stead to makc all appropriats transfers �
<br /> - � �` "�� ac�c1 dEiiveries af the�'rust�:state ar any po:ti�ns tl�ereof�a�old and,for that purgose, `� - i
<br /> � ; the Trustee and the Bene�iciary may execute all appropriate ii�struments of transfer, and E -- - -
<br /> -a�v .:• .., _
<br /> - may substitute one or more Persons �vith like power,the TrustCr hereby ratifying and � _
<br /> _:�:?+�;����•- confirtning all that said attorneys or such substitute or substitutes shall lawfully do by � �-_
<br /> - � vi.rtue hereo£ Nevertheless, the Trustor sh�ll ratify and con�rm, or cause to be ratified ::�,_..
<br />-= .��,.�;�� and confirmed, any such sale or sales by executing and delivering, oa by causing to be _ E��
<br /> _. � � �. executed and delivered to the Trustee,the Bene�ciary or to such purchaser or purchasers ---_____- _ __
<br /> all such instruments as may be advisable,in the judgment of the Trustee or the � ,�''�'��-----
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