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<br />. 97_. 1014�'7 �
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<br /> t release, reconveyance,discharge or foreclosure af this Deed of Trust, conveyance by I �
<br /> -���°'""� ' deed in lieu of foreclosure, sale, aad any subsequent transfer by Trustee's conveyance of
<br /> ��..,,....:ac �
<br /> the Trust Estate.
<br /> ` Section 8.8. �s�nel Certificates, The Trustor and the Beneficnary each hereby
<br /> ' agres at any time and from tlme to time upan not le�s than£ifteen (15) days prior _ _
<br /> written notice from the other party to execute, acknowledge and deliver to the party _
<br /> speciSed in su�h notica, a statement,in wtiting,certifying that this Deed of Trust is .��__
<br /> ; unmodified and in full force and effect (or if thare have been modi�cations,that tk�e __:=,��_
<br /> " same, as modi�ed, is in full farce and effect and stating the modifficauons hereto), and �..�_-.
<br /> �- stating whether oe na4,to the ls�st knoerledge af such certifying�arty,any L�efault or h�'
<br /> � �� Event of Default has occurned, and,if so,specifying each such Default or Event of �_:�=--
<br /> � Default.
<br /> ..�� �.'=:_�..
<br /> Section 8.9. Ap lp�icab1e Law. This Deed of Trust shall be governed by and �._
<br /> canstrued in accordance with the laws of the State in which the Facility is located. --
<br /> �� BeneScia to
<br /> . � Section 8.10. Limitation of Interest. It is the intenUon of Trust and ry
<br /> conform strictly to applicable usury laws. Accordingly,if the transactions contemplated
<br /> ��'��.� herebv would be usurious under applicable law, then,in that event, notwithstanding
<br /> anything to the contrary in any Loan Document, it is agreen as folIows: �1) TRG ts�ic�Sic
<br /> of all considerarion�vhich canstitutes interest under applicable law that is taken, reserved,
<br />- �� contracted for, charged or received under any Loan Document or otherwise in
<br />==�:�F.�.�. connection with the Loan sball under no circumstances exceed the maximum amount of
<br /> `;�°��:"=,;; interest allawed by applicable law, and any excess shaU be credited to principal by
<br /> -��� Beneficiary (or if the Loan shall havc been paid in full, refunded to the Trust); and (ii) in
<br /> r`��"`-' �' � � the event that maturity of the Loan is accelerated by reason of an election by Bene�ciary
<br />=<��-���=` '" resulting from any default hereunder or othenyise,or in tbe event of any required or
<br />�_���"::
<br /> �.,_W_ .�, pernutted prepayment, then such consideration that constitutes interest may never
<br /> -----�1�� include mare than the maximum amount of interest allowed by app�icable law, and any
<br /> ---_�'�``•-'�� interest in excess of the maximwn amount of interest allowed by applicable law, if any,
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<br />--__�;� provided for in the Loan Dacuments or otheiwise shall be cancelled automatically as of
<br /> -_ �,� the date of such acceleration or pxepayment and,if theretofAre grepaid, shall be credited
<br /> -__ ��_=T=; to principal (or '�'c t1�e principal portion of the Loan anci any other amounts not _
<br /> ���; cansritutin�interesic ahn�l iiav� be�n paid iz fuL', ref�snd��t� thP �'n�st.) �_ _
<br /> .�,.,...�a%a�iy
<br /> _��"i�;� In deteruuning whether or not the interest paid ar payable under any
<br /> ___ __..�.3 specific contingency exceeds the maximum amount allawed by applicable law, Beneficiary
<br /> �:,« �
<br />__,��,�� shall,to the maximum extent permitted under applicable law(a) exclude voluntary ` J
<br /> �°'=�� � prepayments and the effects thexeof, and (b) amortize, piorate, allocate and spread, in
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