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201200662
<br /> Performance of Obligations. Grantor promises �o perform all Yeuus, con�litions, and covena�fs of this
<br /> Securi?y Tnstrurnent and Related Docmneots in accordance with the Lerms cnntained therein. � �
<br /> Defeose and Titic to Properly.��t the time of execution and delivery of this instruinenf,Urantor is l�{wfully
<br /> seised of the estate herehy conceyed and has the excluaive right to morYgage,grant,convey and xssign[l1e
<br /> Property.Grantor covenants that the Property is unencumbered and£rec of all liens,except for encumbrances
<br /> oP recnrd�ccept�ltle to Lendea. Further, Grantor covenants that Grantor will warrant and defend �,cncaally
<br /> Ilie title Yo the Property against any and all claims�and dcinands whatsoever, subject to Ylie eascii�en(z,
<br /> restrictions, or other encumbrances of record acceptable lo Lende.r, as may be listcd in the schedule of
<br /> exceplinns tn coverage in any abstract of title or title insurance puliey insuring Lender's interosi in the
<br /> � Property.
<br /> Coudition of ProperLy. ('.rnntox promises at all Cimes to preserve and to maintain Lhe Property and evay
<br /> par:thereol in �ood repair, worki�g order,and condition and�vil]from tiiiie to time,make all needftil anil
<br /> proper repairs so lha[the calue of the Yroperly shall not in an�way Ue impaired.
<br /> Re�noval of any Part of the Properly.Grantor promiscs not to cemove any part of thc Yroperty from its
<br /> prescnt Iocation,ekcept for replacemeixt,maindenance and relocaLion itt the ordinary course of busincs,.
<br /> Alterations to the I'roperty. Grantor pininises lo aUstain from thc commission of any waste on (he
<br /> Properly. Fur[her, Grantor shall m�ke no material altcraLions, additions or improvements of any 'ype
<br /> �vhatever Yo thc Yroperty,regardless of wl�ether such alterations,addirions or improvements would iiicrease
<br /> the value of the Prope�ty,no�pennit anyone to do so except for [enant improvemants and comple�ion of
<br /> items pursoant to approved plans and specifications,without Lender's prior�vritCen contiem;which consent
<br /> may ba witl�held by Lender in its sole discretiun. Graiator will comply wi�h all]aws ai�d regulaiiuns of all
<br /> �iublic authoriti2s having jurisdiction over the peecnises relatii�g to the usc, occupancy and main[cuance
<br /> thcrouf ancl sh�11 upon request proinptly submiL to Iznder evidenee oI 5ucl�compliance. �
<br /> Due on Sale-Lendr.r's Couscnt.Grantor shall not sell,furthcr cncuinber or othcrwise dispose of,except as
<br /> herein pro�-ided, any or a11 of its interest vi any parL of or all of tl�e Yroperly wiChouC first obtaining t',�e �
<br /> written consent of Lender. If any encumbrance, lien, transPer or sale or agree�lienL 1'or �hese is crea[ed,
<br /> Lencler may declare immediately duc and payable,the entire balaiice of lhe Indebtedness.
<br /> Insura��ce.Gr�mtor promises to keep the Property insured agaiost such risks and in such form as may within
<br /> the sole discretion of Lende�r be accept�ble, causing I.ender to be nained as loss payee o,r if rcquested by
<br /> Lcnder, as mortgagee. The insurance company shall be �hoscn bp G�antor subjecf to Lender's approval,
<br /> which shall not be unrcasonably withheld. All insurance Policies must provide that Lender will gel a
<br /> minimLUn oP 10 days noiice prior to ca�cellation.At Lender's discreLion,Grantor may be cequired*.o producu
<br /> receip:s nl'paid premituns and renewa]policies.If Grantor fails tn obtain khc rcquired coverage,Lei�der may
<br /> do so at Grantoc's expense.Grantor hereby directs each and every insurer ol'lhe Property to mal;e payment of
<br /> '.oss lo Lender with�he proceeds to be applied,only at Lender's opdon,Co the repaic and replacement of�he
<br /> damage or loss or to be applied to the Ir,debtedne5s with the surplus,iF any,to be paid by Lender to Granlor.
<br /> Paymcut of Taxes aod Other A�plicable Charges. Grantor proinises to pay� and to �ischarge licns,
<br /> cncumbrances,taxes,aseessments,lease paytnents v�d any other charges relating�to the Property when levied
<br /> or assesse�l against Granfor o�thc Pcoperry. � �
<br /> Enviroa�menlal Laws and Hazardous or Toxic Material5. Grantor and every tenant havc. been, are
<br /> ��resenCly and slinil oontuiue to be in strict compliance with any applicdble ]ocal, s43te and federal
<br /> enviro�meo-lal laws and reoiilations.P'urther,neither Grantoi nor�iny tenant sliall inanufacfure,store,han�le,
<br /> ciischeuge or dispose of hazardous or toxic matendls as may be defined hy tiny st1[c or federal law oa the
<br /> ProperPy, exccpl to the extent the existence of such malerfals has been prese��tly disdo�ed in wriling lo
<br /> Lei�de-r.Cramor will iimncdiately notify Lender in wriling of any assertion or claim made by any party as io
<br /> the possibla violation of applicatile state and fede�al enviioninenlal laws includina rhe location of any
<br /> h�zardous or toxic materixls on or abuul lhe Property.Grantor indemnifies and holds Lender harmless from
<br /> dny liability ur expense of whatsocver nature incurred directly or indirectly as a result of Crairior's viola[ion
<br /> of applicable local, state and Yederel environmcntal laws and regi�lations or Gra�tor's iu�-olvement with
<br /> hazardous or toxic matcrials. �
<br /> Fivaneial InY'ormation.Grantor agrees tn supply Lender such financial and otl�er information concemino its
<br /> � aYf.airs and fhe status of any o�f its assets as Lender, 'Ftom time to rimc,ivay ieasonably rcc�uesr. Gran�or
<br /> Further aRrees to permit I��der Co veril'y accounts as tivell as to inspect, copy and to ex�unioe the books.
<br /> rccords and files oE Grantur. �
<br /> Lender's Right to Enter.I.ende�r or Lender's agents shalll�ave the right and access to inspect tlie Property at
<br /> �11 reaso��ble timas in order tu dttend to I,ender's interests and erisure compliancc with [he �erm, ot �his
<br /> SecuriCy In,trument. If Yhe Ymperry, ur any part tl�crcof; sha11 require ii�speclion, repair or maintenance
<br /> whid� Granlor has faiLed to provide,L,ender,after reasonable noYice,may enCer upon the 1?roperLy fo elfect
<br /> such obligation;and che cosl lhereo�f shall be added to the IndebYeciness and paid on Lender's demand by
<br /> Cr1'71�1Ur. �
<br /> ASSl(>NMEnT OT LF,ASES AND RENTS.As lddilional security Por the payment of the Indebtedness and the
<br /> performanca of the cov�nants contained herein, Grantor hereby assig�s and transfers ovea to L.ender all rcnts,
<br /> income and profits("Rents")i�nder any yresent or fuhue leases,suhlcases or licenscs of the Froperty, includiug
<br /> any guaranties, extension�,amendments ar renewals there�of,from the usc of the ProPerty. So long as Gran:or is
<br /> l9 2111�4-_U I U i'nmpliti.�u;SS'�'ICms.inc.1�9d7-143n-2070.0�=G?
<br /> C�,. -i�lllcall_I'�t ti�curilyl.I inint-JI4UU7 P��e?pf� wv,. :t�il�aici:_�I�_u�uni
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