LENDER SHALL HAVE THE OPTION, BY WRITTEN NOTICE OF NOT LESS THAN
NINETY (90) DAYS, TO DECLARE THE DEBT IMMEDIATELY DUE AND PAYABLE, AND BORROWER
HEREBY AGREES TO PAY SUCH AMOUNTS NOT LATER THAN NINETY (90) DAYS AFTER SUCH
NOTICE, WITHOUT ANY PREPAYMENT FEE OR CHARGE OF ANY KIND.
SECTION 4.06. DOCUMENTARY STAMPS. IF, AT ANY TIME, THE UNITED STATES OF AMERICA,
ANY STATE OR COMMONWEALTH THEREOF OR ANY SUBDIVISION OF ANY SUCH STATE SHALL
REQUIRE REVENUE OR OTHER STAMPS TO BE AFFIXED TO THE NOTE, THIS SECURITY
INSTRUMENT OR ANY OTHER LOAN DOCUMENT, OR IMPOSE ANY OTHER TAX OR CHARGES ON THE
SAME, BORROWER WILL PAY THE SAME, WITH INTEREST AND PENALTIES THEREON, IF ANY.
ARTICLE V:
CENTRAL CASH MANAGEMENT
SECTION 5.01. CASH FLOW. BORROWER HEREBY ACKNOWLEDGES AND AGREES THAT THE RENTS
(WHICH FOR THE PURPOSES OF THIS SECTION 5.01 SHALL NOT INCLUDE SECURITY DEPOSITS
FROM TENANTS UNDER LEASES HELD BY BORROWER AND NOT APPLIED TOWARDS RENT) DERIVED
FROM THE PROPERTY AND (TO THE EXTENT REQUIRED BY SECTION 5.13) LOSS PROCEEDS
SHALL BE UTILIZED TO FUND THE SUB-ACCOUNTS TO THE EXTENT REQUIRED PURSUANT TO
THE TERMS HEREOF. BORROWER SHALL CAUSE MANAGER TO COLLECT ALL SECURITY DEPOSITS
FROM TENANTS UNDER VALID SPACE LEASES, WHICH SHALL BE HELD BY MANAGER, AS AGENT
FOR BORROWER, OR BY BORROWER, IN ACCORDANCE WITH APPLICABLE LAW AND THE SPACE
LEASES. BORROWER SHALL CAUSE ALL RENT WHICH IS DUE AND PAYABLE TO BORROWER
PURSUANT TO THE TERMS OF THE SPACE LEASES TO BE PAID THROUGH AUTOMATED CLEARING
HOUSE FUNDS ("ACH") OR BY FEDERAL WIRE OR BY A CHECK DIRECTLY TO THE RENT
ACCOUNT. BORROWER SHALL GIVE EACH TENANT UNDER A LEASE AN IRREVOCABLE DIRECTION
IN THE FORM OF EXHIBIT E ATTACHED HERETO AND MADE A PART HEREOF TO DELIVER ALL
RENT PAYMENTS MADE BY TENANTS AND OTHER PAYMENTS CONSTITUTING RENT DIRECTLY TO
THE RENT ACCOUNT AND SHALL DELIVER COPIES OF SUCH LETTERS TO LENDER WITHIN TWO
(2) BUSINESS DAYS OF THE CLOSING DATE. NOTWITHSTANDING THE FOREGOING, IF ANY
RENT IS RECEIVED BY BORROWER OR MANAGER, THEN (A) SUCH AMOUNTS SHALL BE HELD IN
TRUST FOR THE BENEFIT, AND AS THE PROPERTY, OF LENDER, (B) SUCH AMOUNTS SHALL
NOT BE COMMINGLED WITH ANY OTHER FUNDS OR PROPERTY OF BORROWER OR MANAGER AND
(C) BORROWER OR MANAGER SHALL DEPOSIT SUCH AMOUNTS IN THE RENT ACCOUNT WITHIN
TWO (2) BUSINESS DAYS OF RECEIPT OR, PROVIDED NO EVENT OF DEFAULT HAS OCCURRED
AND IS CONTINUING, WITH RESPECT TO ANY RENTS RECEIVED BY BORROWER OR MANAGER IN
CASH WHICH RELATE TO DAILY TRANSIENT PARKING RECEIPTS AND WHICH DO NOT RELATE TO
PARKING RECEIPTS FOR PERSONS WITH MONTH-TO-MONTH OR LONGER PARKING LEASES,
WITHIN TEN (10) BUSINESS DAYS OF RECEIPT. UPON EXECUTION OF ANY SPACE LEASE
AFTER THE CLOSING DATE, BORROWER SHALL DELIVER TO LENDER A COPY OF THE
IRREVOCABLE DIRECTION
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LETTER REFERRED TO ABOVE, THE RECEIPT OF WHICH HAS BEEN ACKNOWLEDGED BY THE
TENANT UNDER SUCH SPACE LEASE, OR SHALL INCLUDE THE DIRECTION IN SUCH SPACE
LEASE. PURSUANT TO THE