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Home My WebLink About2837 . ' r f } . • . . . . ~ 1.5. ~1 M131 Oi11M tlN Oaetpp~ ]l~q~!!~1 M~ ~~dl Illlli ~I~ p=! tll~~ !O 1~ MLIN31Md~ ~~l~1y Il~i lo~t !~I MT~ all~ ~00~ i'~L'~ ~0lk~,l~ oa'~ ~11~ Ooditi911~ Md tl111 ~llla lL~M t0 t!M r1t~ ~11 q~ONS~ry W 1'~~• lM~t Md 1~1~0~b p tMit !1M riZIM d fK301~11~ O~ w.~ /~lty Mall /Wt a~1i~1 ~ ~~UoMwl~ ~Y yitA ri~ot to ~ic1l~~lwst ha~ b~M ~ p~ t~o Matiaw 10 a! t!N IwiM. • 1.6. !M Oo~pMq/ ut2l tt~ to tt~ duly pyr aed diaaiMep oa~ o~uiir !~o ~.~j.te ana d1.oAars,a .11 ' ~ t~ot~s, asM~~nts ~ad pv~a~t~otal ~Aar~u 1~11y l~poNd ti~pat oe ~piast tM ~oa'tPpa i~'aD~+'~]? ~~q? D~M tMre- ~ ot. aud rill ~o! ~u!!w~ to ~otist Mah~nio~l~yd abooc~e~~ ' ae~ . .~tatutoay? ae o~tl~ li~a. aha~ a~ aia~r~ao~ ol ~q? kiad ;j au iM wort~apa pa~ap~My a' a~? p~a's tl~o~fi pe~rided• barw~t~ tl~at potl~ia~ hes~iu oonl+?in~d ~h~ll D~ dterd to a~s• , Wir~ tM Ca4~q? to D~taoc. ast~s~nt. d~at~ ae li~a. aar aay c1sL ae dww~d os ~ed~ar?ic~. laborer~ or other~~ peioa~ to tM ~ dat~ , ce to rpuia~t tl~ CoRat~y to psy oe dt~ahat~ ~qy tax~ aa~taa~t. li~n. el~i~ oa~ cAar~ ~t (M~tl~r o~ uat bre or d~linqusnt) tlM valldity ae rount o! ~idcl~ i~ bsia~ aoat~~ted tn ~ood tdth by a~propriat~ j; Q~`~~~ • . _ i - i{ ~ 1~7. Ll ~If ~YMtt tiM ~ls~M ~i~ t0 ~lOW~'! ~ M1A~i~11 ~1! ~{I~L~Q 1~utLy ~ ~O~l1~ ~ ~pq~'~BOf i O~~ 1't~l~i'~ by $~Ql14A ~ O= ~1! GYl~ ~M ~ COYl~?~it/ Y~ ~~t ~t fl~~ At Z!S OMl DOit ~11~ lxpp~M• t riulain w~oh in~u~ran~r odv~~. !1N ~aR~e~ to l1t~7~i~b tM ltwt~e ~ith o~tifieatts oe other ~atisf+~atosy } ~vid~nc.~ of tA~ iniwcano~ oov~es rb:ah are ia~ ~alMaimd by t!r Le~ase purwtmt to 8~atioa ~ of tM L~ytt, or a~ tiM oss~ ~f? D~. b!? t1~ Or~arq? Pc~wiant to tbt~ 8aetioa 1.7 and vitb r~~yaot to ~rql renwal palicy o~ .polieies vill ~ l~nsd~h arliticRt~a evid~netas auoh trowial ar r~wats yarior to tb~ c~i~ratiau ot !he oei~iaal~ or tM tba~ wrreat r~nawl~ Do1ial? oe polioias. : • l.s. I! m. co.4.ny .e.u r.sl to ca.oly vsa~ e~. oo+?.o.at• h~r.sn vitA r..p.cc co ch. yrowriug o: iaauraoes~ ~ ths ot tax~a, weaawuta. ~rwl otb~r ar tl~e kuyia~ ~ t!M ~o~t=+~1 D~D~Y ~ad tre~ of !re ot~r iau, tlr if~u~ta~ or tlM fal~drr ae bo~Ldsrs ot a:q? os tt~ iaddit~q p~rsby ~ea~red ~y .~lc~ advaac~~ to perforw tl~e ~wd tbt r~pay all ww ~o ~dvano~d ~rpon dre+d, vith 3»tarsat at ti~ r~tt of 7f~ p~r ~nnr~ ~ alt~ drirnd, ~ad ~~eadvanesd to~rtM7r vith tM ipt~~t M~11 b~oowe w w~eh additional indebtadneu her~r `s~ seaursdi but ao woh adv~?ce tl~all b~ Ae~d to r~li~w thr Co~y fea~ aay d~fault h~caund~r. ` 1.9, i1~s Ca~qarq? will aott - z . ~ (a) t~inat~. wodify ac aoci~pt a wrrr~ndfr oi ar ofi~r ae pa~nait aa~r ~odification. F ~urra?der . or rn~inatioa a! th Iwa~e [e~ccept as oU~rttii~ ~x,pacessly yearidM l~er~iaj ae er~at~ or .T--_ , ~ ~ oons~tt to t3~s c~atioo ae ~ociat~uat o~ aeq ~ort~e oe otlMr liai to ~swrt th~ payMati o~ Lr ' ! j d~bRadnt~s epon tbe l~a~d~old ~atat~e c~reatad . ~ Dy tl~ L~a~e or ~q? part tli~ot; or (b) sell. ~ort~~e. traoaf~r, aasip~ ae hypotl~toat~ (otber tlyn to tM il~v~te~ Mr~rd~r) . . it~. it~trred ta tl~ ~oat~a~~d propert]? aa' au~? Part tlNrsoi. ; ~ 1,10. A~? aod all pacoperty 6ert~itee ~equir~d ~ieb ia of kind ae nat~n~ l~er~ia yrovid~d to a wd b~oo~ ; aubi~et to tl~e 1Ln I~er~of shall~ f .~ad ritbout aaY t~urtliar aonv~y+mce, a~ai~rMnt ar aet m tfi~ p~M ot tf~ . : - laa~paay ae the lruate~ beao~e aad-~e, w ~iet to tl~ li~ oi this fi! ? ally d~~cribed hereia, but rathiu~ 3~ thi~ t~aotioa 1.10 ooataiaed ~bal~l D~ ~td to~ ~~~P~'iHa. . i~ ti~. eo.p~? wd~r secrs«~ •Z.3 n~r.o~. . '°°sty a~ dw~e tb. obti~at~aa o~ ~ 1.11. the Ca~p~qr rill caus~ thi~ Mort~a~e aad ail ~a w~ppl~tal l~a~eto ard all reoewl atitdavits aod uotioea rpuisyd by applio~b,le lw at all ti~es to be kept reoord~d ed liled at it~ aia bcp~ iA aud~ w~ a~d in auel~ placq ~s ~ay ba required by law it~ acber !'~lly to pay~srv~ aod prot~e! tir ri~ta oi tIM haldrr~ of the ' • Note~ aad tbe 1lnute~ h~a~mder, aad ri~.t fiu~irli to !be lttistM p~a~tly ~!`t~z tl~t ~oaattiat aod aeli~rery of this lfoa~t~a~ ~pd oi ~ach w~pplwntal ~oct~e ~a opinioa o~ ooun~ai ~tdit~ that !a tM apiataa oi ~ueh co~uwl thL Mart~.s~ or .ueb .upple~wtt.1 .iort~e. .a !fi. o..e .ay b.. .na au u.e~s..~y lsA~uesat aat..~nt. ar .initar ,wtio~a. ' : . bave be~n pa~aperly rseoadad or fil~d for a~eeaacd w u to Mlce etfectiw ot raoaed tM li~ intad~d to b~ ca~atsd ; l~a~bY • _ ' > . j Sa?I011 2. POBSa88I01, 118~E J11D ~FLFJ18t ~ P~O~T1f t . 2.1. libil* tbe Co~pany is not in d~f~ult herauadar it ~ba~l b~ waifsnd aad perwitted to ra~ta in full PossessioA~ ayay~eM auW control o! the ~wct~~ed prop~rty and to o~eeraq tnd uae the ~aire aod ead~ part tl~rreof vith tl~t ri~ts aad lr~ise~ apperta~nit~ t~ea~toi ~ravid~d s1~I?~. tbat (i) tM pos~easiao, eRj~ ~ ~ ooatrol aid us~ of the ~a~ed p~ap~cty siw~ll at all tiaes b~ w~b~eot to t6e abs~rvaoee aad perfarw~nce of the t~r~s oi tAi~ lbrt~aQe, aM (ii) no uait ot,tlr ~art~a~ed proprrty ~hall be re~ov~d frow tbe plaee of tnstal2atioa twn~eof ~et fartl~ in bcbtDit D herieto ritlwut prior w~ittm eatict to the Z1~uate~. It is ~xpr~uly uaderstood that - the we ~1•posa~uiaa of th~ ~oet~~d p~operty.by tM Le~aae und~r aad aub~~et to th~ t~rr ~rd p:ovUioo~ of tl~ • Lea~e at~all aot wnstitute a violation of thL 8~rtion 2.1. ~ _ ' , r- ' 2.2 So la~ aa ao d~fault r~ferred to !a th~ Lw~ Iw oearard aad ia ooatiouia~ to dM lwo~d~dp of . . t6e i~uatee. tM irust~e aLall ~xecute a releue ia re~pset af aa~r unils o~ tb~ ~W property de~i~ted by tAt 1.~pee tor sale aad settl~nt pu~rww~t to S~etioa 10 of the Lea~ upni recei~t ois (i) notice fro~ the ireis~e pur• suaat to 8ectioa 9 of tbe Leue de.i~fatia~ the udtt. in re~peeL of ~blaA tt~e Lea~e Mi~l t~t+~inate; ~d (ii) pay~t - ~ ~l t11! Llti!! Ot t~1! ~Nt~MlDt Y~Itl~ ~u dl~1Md ~II t~l! T!1lY~At ~l~flt~i'y Ot Nldl tW~tt. . 88C?IO! 3. 11PPLIGTIOi 0~ Ili~AIICE J11D CF~791IN Oli~i l~O~YB RLC~IVE~ lY ifE l~Tt'.IIGt~: 's 3.1. rn th. .vmt ~h. rru.t~. .hau rao.ivs ~ca? ra~oa.d. o~ sn.urane~ ..susasosa by tt~s cc.~.oy -!n r.,peet I, of tl~e ~oet~d Prop~rt~?. tl~e sa~e ~hall b~ Aeld t ~ appli~d by tbe trustee fro~ tL~e fo ti~ to ~ay otr ae ~aa+~ of tbt tall~ovias ~1'h? wd ahall be ` i (a) If ao d~faul! reira~d bo ia tfie Gase lw oeausr~d aM ia Qoatiwias t3re pro~wd~ 1~ ot wieb iaw~raaee shali. upon Meitten applioatioa th~r~foe, b~ reUaNd to tbt t~ssNe~ ta r~i~bur~e ' ~ r. tha Ltss~e !ot ~tpMdit~te~~ ~~de !oe the sepa!!~ r~~toratiou ae reP,lao~w~pt o! t1~! lwlts o! t1M ~ ; ~ .o~t~+~ed P~'oprrh? MhieA htw ~eea lott. d~ed oe destroy~d ~Poi~ sroeiOt b!1 ~e t~vst+~ ois ( a ctrtilic~t~ of tbe lawwu~r ar au wt~taot !z'eawn~ os tf~ L~saae iboniq~ ta rMroo~bl~ d~t~ tf~ > pucpo~e foe MltieA the ~tpwditur~s vert wde aM !~L! ~oA~~l oasA e~Mitui'e~ M~B~ .toe w~A p~rpo~e ? and itatie~ tl~at th~rs is ao. d~taflt u~ader tiw Leaw. (ii) a~oet~~p ~upDt~qt IMrtto ~weftiel~t. - ~ ~ as ~LaMn by m oyinion of oouoNl. !o w~bHct wy additioas to ae w~tiArtiaa~ a~ t!M ~ortsapd pe'o!- ~ ~ • rrty to tM li~o henof. +iiicb opiaion st~all al~o oover !f~ tilia~ +r~d/ae reooedfu~ ot sueb w~ppl~et~1 - ~Ol'K~t ~O Y t0 l~L~~/I! t~1f Ziaa l~at ao auoh adiitiow ae w~bst3t~ttioas, ae ia tlr alta~natl~ ~q f oPtatoa tbst no w~eh w~l~atal ~oet~e is sepirea !oe w~ah puRo~. ~ (b) It tM iaw~raae~ pa~ooe~ ~Mll ~ot hav~ b~ 3~d to tf~ pinyo~ei ~Qiti~d !a tfM ' .pa~absa~ p~sa~r+46 (a) ~sthia ~o aa~n iro~ ti~ reoe _ ~ p~rtoa tl~r Letaw oe th~ tlM linl~t~. ae Yf tritbla wtid~ . . h. Ca~ny ~i+ail bar~ notilt~ tl~ irusew iu ~estso~ thst tbt t~a~ ~rill t~n~soat~ ta aoeaadaee~ vith t'!r ~a~oai~too~ a~ l~atfon 10 0! tM Iwa~ !r re~t o~ t!r uoit~ o~ t!r ~oe~tp~d . ~ pa'op~r'tr rhldb htw I~n lo~ts destso~d oe dw~0~ iMa ao la~ ~ ao dKrtlt ayt~r~i to LI td : ~ La~e b~s ooa~rard rd i~ iDOatiatiq• ~M lewtr~no~ yroq~ds ~hall a paid arrt to ~!ue'ta~o i.it~ ~P~7?. q Wip~N un8~r tl~ A~st~Nrt foe aoplleatios tu tht ~w~s ~lov38M !oe Dp 8uaeetioa 2.1 (D) . • . ~ , ~ ' . : . . - gb!' ~ ~ z~ ~ ~ 4~~3 . , ~ , - . , . ' , t:. , , , • . A. , • ~ f ; if~.- r~ . . . . ';c;- . . . • ' ~ - `i: . ~ . I` ' • ' • .r`f f''~'!~ . . ..i~~. . ' -.r. -s ~ F. 'Ct~.. .