Common use of TRANSFER OR ENCUMBRANCE OF THE TRUST PROPERTY Clause in Contracts

TRANSFER OR ENCUMBRANCE OF THE TRUST PROPERTY. Subject to Section 52 hereof and except as may otherwise be permitted hereunder or pursuant to the Relevant Documents, Grantor shall not sell, convey, alienate, mortgage, encumber, pledge or otherwise transfer the Trust Property or any part thereof or any of its interest therein. Beneficiary shall not be required to demonstrate any actual impairment of its security or any increased risk of default hereunder in order to declare the Obligations immediately due and payable upon Grantor's conveyance, alienation, mortgage, encumbrance, pledge or transfer of the Trust Property in violation of this Deed of Trust or any other Relevant Document. This provision shall apply to every sale, conveyance, alienation, mortgage, encumbrance, pledge or transfer of the Trust Property that is not permitted pursuant to the Relevant Documents, regardless of whether voluntary or not, or whether or not Beneficiary has consented to any previous sale, conveyance, alienation, mortgage, encumbrance, pledge or transfer of the Trust Property.