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<br />" new stock in oae or a series of transactions by which an aggregate of�ore than 10% of such � . l-
<br /> corporation's stock shall be vested in a party or parties who are not now stockhalders or any �� � _ � -
<br /> '. change in the con�ol of such corporation; and(iv)if Trustor or any general partn�r of � . � . '
<br /> .;
<br /> `-� 'I'ruseor is a liffiited oY general partaership,joint venture or limited liahility company, ths r� �
<br /> � � change, removal, resignation or addition of a general parnter, managing partner, limited � . .�,�
<br /> i . �- : :�-. -- -
<br /> ; partner,joint venwrer or member or the transfer of the parmership interest of any geaeral � . � , ;
<br /> .� partaer, managing partaer or liffiited partner or the transfer of the inte�st of any joint � -.. �
<br /> � ventu.rer or member. � • � � •
<br /> .-.,� � . : � .
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<br /> , (c) Beneficiary shall not be required to demonstrate any ac�.ual , , _
<br /> ; impairment of its security or any increased risk of default hereunder in order to declaze the ! .�,���+'c��-`°,�
<br /> �.� Debt imm�iately dme a.nd payable upon Trustor's sale, conveyance, alienation, mortgage, ' .";,,��
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<br /> encumbrance, pledge or transfer of the Tnist Property made in violation of the ter�s of the '��� '�j-� �
<br /> Loan Agreemen� T'�us pmvision shall apply w every sale, conveyance, alienation, ' , k�.�:
<br />' mortgage, encumbra�ce, pledge or transfer af the Txust Properiy re g a e d less of whether � �
<br /> ���� ���.
<br />� voluntary or not,or whether or not Beneficiary has consenied to any previous sale, ,. r;�.,.� �-:
<br />. conveyance, alienatio�, mortgage, encumbran.ce, pledge or transfer of the Trust Properiy. - 4 . - -�
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<br /> (d) Beneficiary's consent to one sale, conveyance, alienation, . " ��:•5. . .
<br /> mortgage, encumbrance, pledge or transfer of ihe Trust Property shall not h�deemed to he a � " �. . -
<br /> � waiver of Beneficiary's rig3rt to require such consent to any fuwre occurrence of same. Aay , � "� . �.�. . '.
<br />' s� sale, r.onveyance,ali�nation,mortgage, encumbrance, pledge or transfer of the Tnist �� � � �
<br /> -�"`• ProperCy made in co�aavention of this paragraph shall be null and void anti of no force and ' � " '� -
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<br /> (e) S�bject to the applicab2e limitations set forth in the Loan +�:. .� -,�i'
<br />' Agreement, Trustor ag�ees W bear and shall pay or reimburse Bsnsficiary on demand for all •"� � �- �1
<br /> �� ; reasonable expenses (including,without limitadon,reasonable auorneys'fees agd ;�'. J�:. ��� , ._
<br /> ciisbursements, tide search costs and tifle insurance endorsement premiums) incurred by " " { �� _`
<br /> ' roval and docume�tarion of an sach sale, `.,,�,�;�"�� '-
<br /> Beneficiary in connection with the review, aPp Y ,r J
<br /> conveyance, ali�nation, mortgage, encumbrance, pledge or transfer. ��.��-..���'•. - �
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<br /> 9. Changes in Laws Reg d�in�Tax�tion. If any law exists os is enacted ���-
<br /> � or adapied or aznencflea after the date of this De�d of Tiust wluch deducts the Debi from the "`��'
<br /> value of the Tn�st Property for the purpose of taxarion or wluch imposes a tax, either �:��_�
<br /> , " directly or indirectly,on the Debi or Beneficiary's interest in the Tmst Properiy,Tn�stor vaill ' �
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<br /> pay such tax, with interest and p�nalties therefln, if any. In the event Beneficiary is advised � 'L - ° .. ��-
<br /> by counsel chosen by it tbat the payment of such tax or interest and penalties by Tn�swr . �"�"�`T
<br /> •.,,1 would be unlawful oz taxable to Beneficiary or unenforceable or provide the basis for a ` —�"- ;
<br /> � defense of usury,then in any such event, Beneficiary shall have the option, by written notice ±���--�
<br /> ' of not less than ninety (90)days, to declare the Debt inamediately due and payable. � ���!
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<br /> " 10. No Credits on Acco�t of the IDebt. Tnistor will noi claim or ���` � �� •, �• -
<br /> :.4-:� ,�.. ., .
<br /> demand or be endtled to any credit or creflits on account of the Debt for any part of the ' ; . �� �,
<br /> Taxes oY Other Charges assessed against the Trust Progerry, or any part thereof,and no . . ------ -
<br /> deducao�shall otherarise be made or claimed from the assessed value of the Trust Property, �'�
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