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<br />' Tr�t Property in fvrm and substance reasonably satisfactory w Beneficiary, provided that � �� '�
<br /> -- Trust�Y shall not be res�uired to deliver such certificates more faequently than one(1)rime in _ . -_ __r_�-• s"�"
<br /> � any calendar year; and(vii)shall execute and deliyer at the request of Beneficiary all such . � � . • ____
<br /> further assur�nces, confirmations and assignments in connection vrith tlte Tn�st Property as � ` . -
<br /> - Beneficiary s�all from time to time reasonably require. Tn�sWr's right to alter, modify or �. � � � •
<br /> � change the terms of the Leases shall be governed by the provisions of Section 5.1(u)of the � �_�'
<br /> Loan Agreemgnt. Grantor (A) shall not convey or t�ransfer or suffer or permit a conveyance �: . . � �-
<br /> '� � or ttansfer of the Tn�st Property or of any interest therein so as to effect a merger of the . ����-���
<br /> � estades and rights of, or a termination or diminution of the obligations of, tenants under the ' � � -�-�=
<br />; � Leases; (B) shall not consent to any assignment of or subleuing under any Lease with an � �.��:,a�''-�
<br /> Anchor Tenant not in accordance with their terms, without the prior written coasent of . ��r�l�
<br /> ; Beneficiary (Beneficiary's failure w approve or disapprove any such request for consent ;•,,:,._ . � � ' ._.Y_�;:,. �:
<br />. within fifteen(1�Business Days after Tn�stor's request for approval shall be d�emed to � ' " ' ';�'_::
<br /> _ constituie Beneficiary's approval thereo�;and(G7 shaU not cancel or te �n�'� t�e Leases or , ''._� •-��
<br /> - accept a surrender thereof, eaccept if a tenant is in default thereunder or as otherwise i. . � , �-=����
<br /> per�iued'ua the Loan Agreement; provided,however,that any Leas�may be cancelled if at ::�. ; � -���>�=-�
<br /> •,�, the time of the cancellation thereof a new LQase is eniered into on siabstantially the same ���:c� �� _ :�-
<br /> ,,� terms or more favorable terms as the cancelled Lease .. •�� .�.:� ;....
<br /> (d) All security deposits of tenants, whether held in cash ar any � ��`� `
<br /> l�; �.
<br /> i.�� . .,. : :.
<br /> other form, shall not be commingled witla any oYher funds of Tra�star and, if cash, shall be �:�, �:� , '" . . '�:`-
<br /> deposited by Trustor at such commercial or savings hank or ban�as as may be reasonably •.: .:��' ��.� ;:� .��"
<br /> ' `� satisfadory to Beneficiary as m��re fully set forth in the I.oan Agreement. �y bond or oiher Y- .;; ,�`,'��. .;; :
<br /> m
<br /> ' instrum�nt which Trnstor is parmiued to hold in lieu of cash security deposits under any `� '�� '� ' _
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<br /> applicable legal requirements shall be ma;nrain���force and effect in the fiill amount of "��` .�� .; � Y,j!, �. M
<br /> such deposits unless replaced by cash deposits as hereinabove described, shaU be issued by 1�
<br /> an institution reasonabl satisfacto to Benefic' shall if ermitted ursvant to an le al ,��� � -
<br /> Y rY �Y, , P Pu va y g � .. f�:� �._--
<br /> requirements, name Hene�iciary as payee or ffiortgagee thereunder(or at B�neficiary's � � "'`_
<br /> option, be fully assignable to BQnsficiary) and shall, in all respe�ts, comply with any ��••. :�`�--
<br /> -::�.:;:_
<br /> applicable legal re�uirements and otherarise be reas�nably satisfactory to Beaeficiary. • �:`::'•,",. -'��-
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<br /> � Trustor shall, upon request, provide Beneficiary arith evidence reasonably satisfactory to �,��.-:�=!� - .-:
<br /> Benefa�iary of Trustor's compii�nce with the foregoing. Following the or�rence and • .:��
<br /> during the continvance of any Event of Default, Trustor shall, upon Beneficiary's request, if '� -- -
<br /> permi4eed by any ap�licable legal requiremenis, turn over w Bsneficiary the security deposits � � " "-�""-
<br /> � (and any interest Lheretofore earaed thereon)with respect w all or any portion of the Trust .. i�..' .�f �`'
<br /> Property,to be held by Beneficiary subject to the terms of the Leases. � j��= _ ---
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<br /> . 7. Maintenance of Trust Proper . Trustor shaU cause the Tnist .�':���j` °.
<br /> Property w be n�tained in a good and safe condition agd repa�. Except as permittsd . �•� � �--�;.�-,-...,r�`°. '
<br /> f:" �b._�._c. _.; ...,,,.r. �-_
<br /> under the Loan Agr+eement or hereafter provided, the Improvements and th�Equipment sball � . �•-.jf• � � _ ��
<br /> not be�oved, demolished or materially altered (excepi for normal replace�ent of the ., �: ''�°"''�`•'� �
<br /> Equipment)without the consent of Beneficiary. Beneficiary's faalure to approve or . �. �
<br /> disapprove any suc�removal, demolition or alteration within ti�ty (30)days after G�ra��flr's �'.` :� ����. � _ ��.
<br /> � wriuen request f�.-zpproval shall toe deemed to constitute Beneficiary's approval thereof. . � � ;,
<br /> The foregoing noE�ivithstanding, Grantor shall have the right without the consent of ' � . � � _ -
<br /> Beneficiary W(i)cause the normal reinoval and re-configurarion of internal, aon-load bearing . � � � �
<br /> � walls, and(ri)perform or cause the performance of necessary alterations as part of tenant � � � .. � '
<br /> � . . . .-:
<br /> 100187T9.06 8 I
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