Common use of Additional Advances and Disbursements Clause in Contracts

Additional Advances and Disbursements. Trustor agrees that if an Event of Default occurs hereunder and is continuing then Trustee and/or Beneficiary shall have the right, but not the obligation, in Trustor's name or in its or their own name, and without notice to Trustor to exercise any and all rights and remedies of the landlord under the Master Lease, and, for such purpose, Trustor expressly grants to Trustee and Beneficiary, in addition and without prejudice to any other rights and remedies hereunder, the right to enter upon and take possession of the Premises in accordance with applicable law to such extent and as often as either of them may deem necessary or desirable. Except as otherwise provided by law, no such exercise shall be deemed to have cured such Event of Default with respect thereto. All sums advanced and all expenses incurred by Trustee and/or Beneficiary in connection with such exercise, and all other sums advanced or expenses incurred by Beneficiary hereunder or under applicable law (whether required or optional and whether indemnified hereunder or not) shall be part of the Obligations, shall bear interest at the Default Rate (as defined in Section 2.19 of the Master ------------ Lease) from the date of disbursement until paid and shall be secured by this Deed of Trust. Trustee and/or Beneficiary, upon making any such advance, shall be subrogated to all of the rights of the person receiving such advance.

Additional Advances and Disbursements. Trustor Borrower agrees that if upon the occurrence of an Event of Default occurs hereunder and is continuing then Trustee and/or Beneficiary Default, or upon Borrower’s failure to in any way perform its obligations under this Security Instrument or any other Loan Document, Lender shall have the right, but not the obligation, in Trustor's Borrower’s name or in its or their Lender’s own name, and without notice to Trustor Borrower, to exercise advance all or any and part of amounts owing or to perform any or all rights and remedies of the landlord under the Master Leaserequired actions, and, for such purpose, Trustor Borrower expressly grants to Trustee and BeneficiaryLender, in addition and without prejudice to any other rights and remedies hereunder, the right to enter upon and take possession of the Premises in accordance with applicable law Property to such extent and as often as either of them it may deem necessary or desirabledesirable to prevent or remedy any such default. Except as otherwise provided by law, no No such exercise advance or performance shall be deemed to have cured such default by Borrower or any Event of Default with respect thereto. All sums advanced and all expenses incurred by Trustee and/or Beneficiary Lender in connection with such exerciseadvances or actions, and all other sums advanced or expenses incurred by Beneficiary Lender hereunder or under applicable law (whether required or optional and whether indemnified hereunder or not) shall be part of the Obligations, shall bear interest at the Default Rate (as defined in Section 2.19 of the Master ------------ Lease) from the date of disbursement until paid in full and shall be secured by this Deed of TrustSecurity Instrument. Trustee and/or BeneficiaryLender, upon making any such advance, shall be subrogated to all of the rights of the person Person receiving such advance.

Additional Advances and Disbursements. Trustor Borrower agrees that that, if an Event Borrower shall default in any of Default occurs hereunder its Obligations to pay any amount or to perform any action, including its obligation under Section 3.3 to pay Impositions and is continuing under Section 3.6 to procure, maintain, and pay premiums on the insurance policies referred to therein, then Trustee and/or Beneficiary Lender shall have the right, but not the obligation, in Trustor's Borrower’s name or in its or their own name, and without notice to Trustor Borrower, to exercise advance all or any and part of such amounts or to perform any or all rights and remedies of the landlord under the Master Leasesuch actions, and, for such purposepurpose and to the extent permitted by applicable law, Trustor Borrower expressly grants to Trustee and BeneficiaryLender, in addition and without prejudice to any other rights and remedies hereunder, the right to enter upon and take possession of the Premises in accordance with applicable law Collateral to such extent and as often as either of them it may deem necessary or desirabledesirable to prevent or remedy any such default. Except as otherwise provided by law, no No such exercise advance or performance shall be deemed to have cured such default by Borrower or any Event of Default with respect thereto. All sums advanced advanced, all Collection Expenses (as hereinafter defined), and all expenses incurred by Trustee and/or Beneficiary Lender in connection with such exerciseadvances or actions, and all other sums advanced or expenses incurred by Beneficiary Lender hereunder or under applicable law (whether required or optional and whether indemnified hereunder or not) shall be part of the Obligations, shall bear interest at the rate stated in the Note for payments from and after maturity (the “Default Rate (as defined in Section 2.19 of the Master ------------ Lease) from the date of disbursement until paid Rate”), and shall be secured by this Deed of TrustSecurity Instrument. Trustee and/or BeneficiaryLender, upon making any such advance, shall be subrogated to all of the rights of the person receiving such advance.

Additional Advances and Disbursements. Trustor agrees that if an Event of Default occurs hereunder and is continuing then Trustee and/or Beneficiary shall have the right, but not the obligation, in Trustor's name or in its or their own name, and without notice to Trustor to exercise any and all rights and remedies of the landlord under the Master Lease, and, for such purpose, Trustor expressly grants to Trustee and Beneficiary, in addition and without prejudice to any other rights and remedies hereunder, the right to enter upon and take possession of the Premises in accordance with applicable law to such extent and as often as either of them may deem necessary or desirable. Except as otherwise provided by law, no such exercise shall be deemed to have cured such Event of Default with respect thereto. All reasonable sums advanced and all reasonable expenses incurred by Trustee and/or Beneficiary in connection with such exercise, and all other reasonable sums advanced or expenses incurred by Beneficiary hereunder or under applicable law (whether required or optional and whether indemnified hereunder or not) shall be part of the Obligations, shall bear interest at the Default Rate (as defined in Section 2.19 2.6 of the Master ------------ Lease) from the date of disbursement until paid and shall be secured by this Deed of Trust. Trustee and/or Beneficiary, upon making any such advance, shall be subrogated to all of the rights of the person receiving such advance.

Additional Advances and Disbursements. Trustor Borrower agrees that if upon the occurrence of an Event of Default occurs hereunder and is continuing then Trustee and/or Beneficiary Default, Lender shall have the right, but not the obligation, in TrustorBorrower's name or in its or their Lender's own name, and without with notice to Trustor Borrower, to exercise advance all or any and part of amounts owing or to perform any or all rights and remedies of the landlord under the Master Leaserequired actions, and, for such purpose, Trustor Borrower expressly grants to Trustee and BeneficiaryLender, in addition and without prejudice to any other rights and remedies hereunder, the right to enter upon and take possession of the Premises in accordance with applicable law Property to such extent and as often as either of them it may deem necessary or desirabledesirable to prevent or remedy any such default. Except as otherwise provided by law, no No such exercise advance or performance shall be deemed to have cured such any Event of Default with respect thereto. All sums advanced and all documented expenses actually incurred by Trustee and/or Beneficiary Lender in connection with such exerciseadvances or actions, and all other sums advanced or expenses incurred by Beneficiary Lender hereunder or under applicable law (whether required or optional and whether indemnified hereunder or not) shall be part of the Obligations, shall bear interest at the Default Rate (as defined in Section 2.19 of the Master ------------ Lease) from the date of disbursement until paid in full and shall be secured by this Deed of Trustthe Security Agreement. Trustee and/or BeneficiaryLender, upon making any such advance, shall be subrogated to all of the rights of the person Person receiving such advance.