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This excerpt taken from the CHC 8-K filed Jan 3, 2008. “Enforcement
Action” means, with respect to any Mortgaged Property,
the advertising of or commencement of any foreclosure or trustee’s sale
proceedings, the exercise of any power of sale, the obtaining of or seeking of
the appointment of a receiver, the taking of possession or control or the
collecting of rents, the commencement of any suit or other legal,
administrative, or arbitration proceeding against the Mortgaged Property or the
Owner based upon any of the Bond Mortgage Documents, or the taking of any other
enforcement or remedial action against the Owner arising under or connected
with the Mortgaged Property.
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