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Home My WebLink About1580 ' ' ' • } t ~ ~ ' ~ ; ~ . ~ . . . ' f _ ~ ' t ~.7. No delsg or omisstan o! the `rrwtee, or oi ~ny holdar oi any Idote Lo w~eroiae anr xight or porr0f ~?rU~ixg trom ~ ~ ~nq default on the p~?r! oi the Company a}~ll exht~uet ~r impair uny s~ah bt or p~ ower or pre~rant ~t~ axsralia darfng the continuanoe oi auch dafAnlt, No watver by the Trwitee, or ~n~y holdar Qr h~dere at the Notea ot uny such def~alt, ~vhether j ~ snch waiver be iull or prrttal, ahsll extead to or be taken to sSect any sab~eqneat dai~nlt, or to imp~tr the rlghts rasnltit~g 1 • thereirom, mccep t aa xnay be otherwise~provided herein. No remady herennder is intanded 4a be aucclnaI~ro oi any athar ~ ' ramedg but eacb and evarp remodp ehall ~e cumuLtlve snd in addition to say a~ad every othar rensedp ~Ive~a heraunder or ~ ~ othorwise a~deting. Nor ehall the giving~~~ or eniorcement oi eu?y other or additiar.r?1 secnr[ty~ eollateral or~a n?ntes ' tor the p~ymaut of the ind~abtednesa secured nnaer thia Mortgsge oparate to preiudlce, waive or affeet Rhe secud yt o! thii ~ ~ ' Mortgage or any righta, pawera or rernedles hereunder• nor ahall the Trastea ar the holder or holderr oi sny oi~ ~ the indebtsdnese hereby secured be required to ftrat look ~o, enforce or exhsuet auch other or addttional aecnrIty~ coll~tarR1 ~ ~ or guaruntees. . ~ ~ - ~ BECTION 5. AM~NDMENT9 AND SUPPLEMENTS s~ 1 6.1. From tlme ta time the holdera ai the Notea shall have the power~ by an inertnument or fnstrumer~ta in writing , ; ~ aIgned by wch holdere in pexaon or by their dulq anthorised agenta or attorneys, and delivered to the Truatee. to authot~ ise anY ~xltacntion or alteration approved by the Compaay o! the Notes or o! this Mor~ ge or ot auiy indentare aupple- ` a mentaf hareto or oi the righte and obligattions of the Cotnpany or ot the ~oldera o! the IVo4~es iseucd hereun~er in any i ~ ~ patticulsr. Any moditlcation ar alteration of the provislons oi !he Notea or o! thie B~ortgti?ge, made. us :?foreaaid shall be # aet forth in a supplemental indenture between the Trustee and the Campany in the maanar proFldsd in this Artlc ~e and no impoeitIon ai Anq le,gend referring thereto ahall bo requirad upan the Notea then or thereaiter oatatanding. SRCa ON 6. 8[JCCffi80R TRUSTEES AND OTHER PROVI8ION8. ~ e.l. Th~ Trustee ahatl not be answerabte for the datault or mieconduet of any agent or attorney appointed in purauanee ' hereot ii euch agent or attorney shall have been selected with reasonable care, or ior Anything whs?tsoever in connection i with this Mortgage or the Nates or the proceeds thereof ezcept for his own wlitiul mIecondact or graaa neglig~ence, nor ahatl the Truatee be under any obligation to take any action toward the execution or enforcem~nt ot the trneta hercby ~ ~ created which in thelr opinion ahall be likely ta involva espense or liability, unless ~a oiten aa required the holdera of the ~ ~ .t Notes shall furnish indemnity eatisfsctory to the Truatee againet such expenee or lts~bflitq. ' f 6.2. The Truatee shall be entitted to reaaonable compensatton ior all services rendored in and ~ut iorecloeure~ en- forcement or other protection oi this Mortgage or the lien hereof~ and the holders o! the Notes agree to pay eneh compen- s , :j aation x~ well ae All out-oi-pocket eacpenaea and counsel fees and court eoata incurred bq the Truetee in ae:eh torecloavre, eniorcement or other protectton, xnd the holders oi the Notes further agree to indemnify the 1'ruatee ~?gaintt u?y liability or damagaa incurred or sustained by it under t}?ia Mortgage. The Trustee ahali hsve a lien for snch com~pcnsi?tion, expensea . j and indemi?ity on the mortgaged premise~ and the trust estate prlor to tha lten tor the bendit oi the Notei. ~ 6.3. The Trustee ehall not be responatbla for any recltals herein or in the Note Agreement or ior insuring the mort~ ~ B~?Sea property, or iur the recording~ flling or realing of this Mortgxge, or of ~ny snpplementsl or turther mortgage or ' trust deed; nor shall the Trustee be bound to ascertain or inquire as to the performanoe or obeervance ot a~ny covenants, ; ~ aonditions or agreements on the psrt of the Company contained herein or in the Note Ag~reemenk ~ 6.4. The Trustee ahall not be lis~ble for any action taken or omitted to be taken in good faith and bclievad by hiaa ~ ' t . to be within the diacretion or power conferred upon the Trustee or by this Mortgsge, or be reaponeible ior the conaequeace~ - of any ~ver~ight or error of judgment, and the Trustee shall be protacted in acting upon any notice, consent, certiflcate or ~ other inetrument believed by it or him to be genuine and correct and to have beea signed by the pmper person or persons. 8b. NQtwithstanding anything elsewhere in this Mortgage contained, the Trustee ahall have the ri~ht, but ahall not ~tj be re9uired, to demand in respect of withdrawal of any cash, the release of any property~ the aubject~on of any after , acQuired property to the llen of this Mortgage, or sny other action whatsoever within the purviaw hereof~ sny ahowings, certificatee, opiniona, appraisals or other iniornaation by the Trustee deemed hecessary or appropriate in sdditian to the matters by the terms hereof reqaired as a condition precedent to auch action. 6.6. Ai! moneys received by the Truatee ahaU, until used or applied ae herein prnvided, be hei~ in trast !or tLe pur- posea far which thay were received, but need not be segr~gated in any msnner irom any other moneqa, ezcept to the extent . required by Iaw. The 2rustee shall be under no liability for intereat on any moneys received by it herennder. _ . 6.7. The Trustee may resign and be dissharged of the trusts hereby created bq giving notlce specifying the date ~vhen ' `I snch reeignation shall take eP[eck to the Comp~~ny and to the holdera of the Notes nnmed in said Note Agreemen~ 3ueh ~ z ; resignation shall take effect on the day apeclfied in such notice (bging not lesa than 30 days sfter th~ flrst mailing o! auch z ; notice) unless prev~ously a sucreseor truatee shall have been appointed ae herein~iter pmvided, in which ~vent such resig- ,i nstion g}?all take effect immediately upon the appointment of such successor. ~ ~ ; , • S ; SECTION 7. MI3CELLANEOUB: ; f ~ 7.1. Whenever any of the parties hereto fe referred to, euch reference ahali be deemed to inclnde the suoceaeore snd assigna o! such party, and all the covenanta, premiees and sgreementa in thie Mortgage contoined by or on behnLf o! the i Company, or by or on behal! o! the Z`rastee or the bo]de~ or hold~ra oi the Idotea, ahaA bind snd iaure to the baneft~ at the reapective aucceasorn and aasigna of auch partiea whether so eupreaaed or ao~, . ~ ' The nnenforceability or inva]idlty of any pmvision or provisions o! thia MorEgage ah~ll not render any ot~ier pra- vision or prnvisions herein contained nnaniorceabte or Invatid. ' ~ 7.s. Alt cammunications pmvided for herein shali be in writing and shall be deemecl to have been gtven (unleas oth~r- wieerequi~red by theepeciSc pm~riaions hareoi in respect to eny matter) w~en deliverec~ persotw?lly or whea depoaited in j.~:~ tha United Statea ma~'1 registered , poatag~e prepaid, addressed ae followa: r'~:,~ It to the Companp at. Dallas Athletic Clnb Butlding~ Ihlls.a 1, Tezu, ~ - ~ i Ii to tbe 1`rustes •t 99 Nancy Avenue, Pittsfield, Maseachusetts ~ ~ • , ~ ~ ~ t or ss W t,De Gompsq~r or the 'I~wtee at sucb otber addcess as th~ Coaapan~ or ti~e Trostee m*y d~ts b~ sotk~ ' ~ dnl~ ~iven in actords~nce vrikb this 8ection to tbe other puty. ~ tt T.4. R'be Truatee ahall rclease thie Mortgage and the lien hereof by proper inatrument or instrameab npaze preF i ~ antation oi wtiafaetory evidence thst all indebtedness secarad herebq hss bean ftill~ paid or di~ehnr~od. 7.5. Thie Mortgage msy be ezecuted, acknowled~ and deUvered in any number oi ooanterparb, eseh of aoeb ooon- terp~rta eonstltnting an ortgiasl bnt all together orsfy one martSsB~e. ; ~ - . _ ~ t IN WITNE33 WHEREOF~ HUGGINS-HNECHT LEASING CO., INC@RPORATED, ha~ csnsed ~his Most~s to b~ . , ea~ecnted ott its b~hali b~ ita_.....-- -.~.__.President and its c~rporitt~ Nal to b~nnlo ~ixod and sttast~d by its ~ f ~ ._...19?R~A.~,&~...~......_..__8ecretary, sIl ~a of the day And ~ear flret abo~o ~vt~tten. . ; , . ~ 'w'Itaessed by: • - 4 l" ~ . • ~ . ~ . ; ~ e • ; ~ ~ . ; . . .G.L_ H #YNS- L1~A$INQ (70., INC4&F"OxA'PFD ; . ; . . ~ ~ ~ , . ~ ~ . • . ~ ~(Grorpo~ats $~stj • By...... ; . . ; . ~ ~ • ~ . : ~sl~~~ij ; . . ~ j ~~ltt~st:. a,: . € ~ , ' s.~ a t~at &er.tsr~r 0. R. ; . '~t ~4~.•~ ~ ~ 1 ~ ~ . ~ . ~ ~ ~ . ; ~~o ~ • • ~~y~ ~:s ~ p ' . . p~ . . , t i . t _ _ . , . .