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<br />g,;P�rf�t�a� e'�f,�j0l�j�igations. Grantor_ promises to perform all terms, conditions, and covenants of this .
<br />"` Security Instrument and Related Documents in accordance with the terms contained therein.� .__.
<br />Defense and Title to Froperty. At the time of execution and delivery of this i�stt�umerrt; Grantor is lawfuliy °
<br />�� seised of the estate �i�r�by conveyed and has the exclusive right to mortgag� gant, cor�vey-and assign tlae
<br />���r-Q�er-�y:, Grantflr that the Properly xs unencumbered and free of_all`l��ns, exc�pt-for encumbrances
<br />of record acceptable to Lender. Furtherp Granior covenants that Grantor will warrantand defend generally
<br />the title to the Property against any and all .claims and demands whatsaex�z',.,s.ubje�,t. to the_-easements,
<br />restrictions, or other encumbrances of record acceptable to Lender, as may be listed in the schedule of
<br />exceptions to coverage in any abstract of title or title insurance policy insuring Lender's interest in the
<br />Properiy.
<br />Condition of Property. Grantor promises at all times to preserve and to maintain the Property and every
<br />part thereof in good repair, working order, and condition and will from time to time, make all needful and
<br />proper repairs so that the value of the Property shall not in any way be impaired.
<br />Removal of any Par� of the Property. Grantor promises not to remove any part o€ the Properiy from its
<br />present location, exce�t for replacement, maintenance and relocation in the ordinary course of business.
<br />Alterations to the roperty. Grantor promises to abstain from the commission of any waste on the
<br />Property. Further, Gr ntor shall make no material alterations, additions or improvements of any type
<br />whatever to the Prope , regardless of whether such alterations, additions or improvements would increase
<br />the value of the Prop rty, nor permit anyone to do so except for tenant improvements and completion of
<br />items pursuant to app oved plans and specifications, without Lender's prior written consent, which consent
<br />may be withheld by Lender in its sole discretion. Grantor will comply with all laws and regulations of all
<br />public authorities having jurisdiction over the premises relating to the use, occupancy and maintenance
<br />thereof and shall upon request promptly submit to Lender evidence of such compliance. �
<br />Due on Sale - Lender's Consent. Grantor shall not sell, further encumber or otherwise dispose of, except as
<br />herein provided, any or all of its interest in �ny part of or all of the Property without first obtaining the
<br />written consent of Lender. If any encumbrance, lien, transfer or sale or agreement for these is created,
<br />Lender may declare irmmediately due and payable, the entire balance of the Indebtedness.
<br />Insurance. Grantor promises to keep the Property insured against such risks and in such form as may within
<br />the sole discretion of Lender be acceptable, causing Lender to be named as loss payee or if requested by
<br />Lender, as mortgagee. The insurance company shall be chosen by Grantor subject to Lender's approval,
<br />which shall not be unreasonably withheld. All insurance policies must provide that Lender will get a
<br />minimum of 10 days notice prior to cancellation. At Lender's discretion, Grantor may be required to produce
<br />receipts of paid premiums and renewal policies. If Grantor fails to obtain the required coverage, Lender may
<br />do so at Grantor's expense. Grantor hereby directs each and every insurer of the Property to make payment of
<br />loss to Lender with the proceeds to be applied, only at Lender's option, to the repair and replacement of the
<br />damage or loss or to �e applied to the Indebtedness with the surplus, if any, to be paid by Lender to Grantor.
<br />Payment of Taxes and Other Applicable Charges. Grantor promises to pay and to discharge liens,
<br />encumbrances, taxes, �ssessments, iease payments and any other charges relating to the Property when levied
<br />or assessed against Gnantor or the Properly.
<br />Environmental Law�s and Hazardous or Toxic Materials. Grantor and every tenant have been, are
<br />presently and shall �ontinue to be in strict compliance with any applicable local, state and federal
<br />environmental laws arid regulations. Further, neither Grantor nor any tenant shall manufacture, store, handle,
<br />discharge or dispose iof hazaz�dous or toxic materials as may be defined by any stat� or federal law' on the
<br />Property, except to e e�e�t the existence of such materials has been presently disclosed in writing to
<br />Lender. Grantor will ediately notify Lender in writing of any assertion or claim made by any parly as to
<br />the possible violatio of applicable state and federal environmental laws including the location of any
<br />hazardous or toxic m terials on or about the Property. Grantor indemnifies and holds Lender harmless from
<br />any liability or expe e of wliatsoever nature incurred directly or indirectly as a result of Grantor's violation
<br />of applicable local, tate aiid federal environmental laws and regulations or Grantor's involvement with
<br />hazardous or toxic m terials: �
<br />Financial Informati n. Grantor agrees to supply Lender such financial and other information concerning its
<br />affairs and the status of any of its assets as Lender, from time to time, may reasonably request. Grantor
<br />further agrees to pernut Lender to verify accounts as well as to inspect, copy and to examine:the'books,
<br />records and files of Grantor.
<br />Lender's Right to E�Qter. Lender or Lender's agents shall have the right and access to inspect the Property at
<br />all reasonable times �in order to attend to Lender's interests and ensure compliance with the terms of this
<br />Security Instrument. ;If tke P;roperty, or any part thereof, shall require inspection, repair or maintenance
<br />which Grantor has fa led to provide, Lender, after reasonable notice, may enter upon the Properiy to effect
<br />such obligation; and e cost thereof shall be added to the Indebtedness and paid on Lender's demand by
<br />Grantor. -
<br />ASSIGNMENT OF LEA ES AL�D RENTS. As additional security for the payment of the Indebtedness and the
<br />performance of the coven nts coi�tained herein, Grantor hereby assigns and transfers over to Lender all rents,
<br />� 2004-201 I Compliance Systems, Ina COFO-5320 - 2010LI.15.441 � ' � -'
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