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<br /> �. . . � ' - . . . . . . . . J.•' 'il-:_=
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<br /> events of default(each an"E�+ent off IBxfault"): � , . � �, ' • `
<br /> r ���' . �i ���l� . 1�
<br /> . ,�li� - c. • . �.�
<br />- (a) if any portion of the Debt(including,without limitation, the , � � _
<br /> Conestoga Debi and the Randolph Debt) is not paid when due (whether it is not paid by � � - . � :::.,
<br /> . Trustor or by the Randolph Mall Boirower, as applicable); -. � `. .--: ..=
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<br /> (b) if any of ttze Taxes or Other Ct�arges age not pa�d when the ' � . . � ""�""
<br /> . same are due and payable, subject w Trustor's right to coniest sa�e in accordance wit�h ;�:, - ,` s�.a'
<br /> Section 5.1(b) of the Loan Agreement; °�`j�`�. � . ::-��._
<br /> :ir,,. � _t.ra:-
<br /> ..�;� .�ti', L��
<br /> . -, � ��.::..-,' �i�.=.
<br /> ,r (c) if the Policies are not kep7 in full force and effec�, or if the = " :°�'�::°�."`,�.�=
<br /> �t Policies are not delivered to Beneficiary witl�in.fifteen(15)days after Beneficiary's request . ; +� '�}:,_:�-
<br /> therefor; � � . -� -
<br /> ?;' ;,�,�.
<br /> �_ �'��
<br /> :.. �_. ,.:_.�
<br /> (d) if, without Beneficiary's prior written consent, (A)Trnstor ,' � x� q -
<br /> !';� transfers or encumbers any portion of the Trust Property, other than in connxtion with a � �.;�;�,
<br /> rmiued Encumbrance as such terms are defined in �:,> � -�
<br /> Special Transfer, Permiued Transfer or Pe ( "� ;���� . '
<br /> the Loan Agreement)or(B)any direct or indirect interest in Truswr is transfened or ,' �`'��-T
<br /> .�
<br /> � assigned except as expressly permiued under Section 6.1(i)of the Loan A�reement; �'� ��� ' � .
<br /> '..•' "���.':<r,•��:� ;;;:..
<br /> ::.� ' ,.h;��^ .. ' r �?:
<br /> (e) if any representation or warranty of TrUStor made herein or in .,�,�,.. 'Y. , �. �:
<br /> any o4her I.oan Document or in any certificate, rePort, financial statement or other :��,` a.;,,; ,• —
<br /> �� instrument, agreement or document furnished by Trustor to Benefi in connection with '��''" �
<br /> t�► �°�� . $'w;•��� � r.,_,
<br /> �� this Deed of Trust ar any oth�r Loan Document as to any material fact shall have been false �
<br /> "s,;
<br /> or misleadin$ in any material respect as of the date the represensat�on or warlanty was made �:� �� :-
<br /> :� �j '
<br /> and shall not have been rectiified within thirty(30)days after the earlier of(x)w date of -�'�.`' � : '
<br /> ' d 've w Grantor of written norice of such false or misleading representation : :�,r:.��'�
<br /> Beneficiary s eh ry
<br /> or warranty or(y) the date on which Grantor first obtains lmowledge that such representation .:«�.. . � �
<br /> and warranty is false or misleacling; -�;�� __
<br /> y
<br /> '��� -
<br /> (� if TrusWr shall make an assignment for the benefit of creditors, _`�`;� �
<br /> or if Tn�sWr shall generaUy not be paying its debis as they become due; _��,- � � ""`��
<br /> ..y�•�.-.�...�.
<br /> .r�c����e���-'
<br /> ',����-���
<br />� (g) if a receiver, liquidawr or trustee of Trustor shall be appointed � •�����.
<br /> or if Trustor shall be adjudicated a banknipt or insolvent, or if any petition for bankruptcy, �"""'r� T
<br /> � ';,��li�
<br /> reorganization or arrangement pursuant to federal bankruptcy law, or any similar federal or _
<br /> state law, shall be filed b or ainst, consented W, or a esced in b ,Tnistor or if an � � • � �� �' —
<br /> y ag � Y Y .�;�- �-.�_y.;•�::�%: —
<br /> ' proceeding for the dissolution or liquidation of Tnistor shall be instituted;provirisd, ���°�-���-
<br /> however, if such appointment, adjudication,perition or proceeding was involuntary and not � � '�
<br /> ._ . -�-..
<br /> consented to by Trusu�r, �pon the same not being discharged, stayed or dismissed within �• �°.,.,,.;��r�. �,„. c"-
<br /> tY ( ) Y (�) PPo ,1� , C�) . �,�-.:�-;��• � -=P==
<br /> nine 90 da s after i the date of such a mtment or ad' dication u t�e date the __.;._.-�;-�=.: . �--
<br /> . perition is first filed or(iii)ihe daie such proceeding is initiated,as the cas� may be. �,.,:,.".'�=�_ ..
<br /> f'.�"e!Y,�'3� -�
<br /> (h) if Trustor shall be in default under any other mortgage or �� . . . . . --
<br /> secau�ity agreement covering any part of tb.e Trnst Property whether it be superior or junior in ' _
<br /> lien to this Deed of Tnist; � . � � --
<br /> iooia�rr9.os 13 �� �. . :
<br /> .. .. .. �
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