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� .;:_.�:,;:.,;..� •�_ �� ___ _ _ _ _ . _ _ <br /> �-...{'��1�.1 1 <br /> r <br /> ��_+.�th1J t_•..�. _,..F�.. <br /> -- _ _ . ._ . _ _ __ __ _ _ _ <br /> �'� 9$- so�� <br /> ' (e) �erf�nrru►nac af�)li�af MnrtQa�or's oblig�tiom as sct forth in the Ndes, <br /> tb�q 14�o�rt��6c. tb�t "Opentive Agraments" (�s defit�ed in the Note <br /> Puxchr� hgccamant�end First Addendum)�and in the other docwnents or <br /> agR!ecmantt���tctsnaing, securing or nl�ting ta the loan evidet�ced by tb�e <br /> NWtlB (Cf?iIRlCt�VCI�I�thc "Losia D�ocwnente"). <br /> II. COVFNANTS Q�Iu�QRT(3�A(�C1R. <br /> A. �,andEti��r��n�Qnara��}•of Collateral. <br /> Section 2.1 Mdrt�agon•a�xees:��1:tn kexp the Collateral in good condition suc!repair� (ii)not <br /> tc��;adtnmib an�pnfim►fr auyr waste or deterioration of the Collater�l, (iii) not to <br /> catnm4t or per�it any naioval. demolition or substantiAl �lteration of tht <br /> Colltter�l e�ept for such altentiona es may be raluirod bY �nY 1Aw� ordinance, <br /> rule� rcgulation or ordcr of any governmental authodty having,jurisdictiom over <br /> tl�c Collateral ud except for replacement of machinery u�d equipment in tbe <br /> ordinary course of operadons mada in accord�nco with Section 2.31 of this <br /> Mortg�ge� (iv)to complete ia Sood smd w'orkmanlilc�e manne�°nY�°nst�ct�oa or <br /> restoration which may be p�rforaaed on the Co1lAteral�(�)to Prom�ptlY restorc�ny <br /> nnninn of the Coll�teral wtach maY be dutisaSed or destroyed, (Ni)not t°pennit <br /> x�ry .construction, arxhu�ic's or m,aterlalmaa's�or artisan's litns syt�inat tde <br /> � Collatenil except for �nqr such liens as 4halt�be 'pennit� u�eC' tt� terms of <br /> ' S�ection 2.32 of this Mortgage, (vii) xa���se.;thee Collateixl to be irwin�.+ined;� � <br /> developod and continuoi�sly opersu�c�as a remgeraud ware'nou�i�:uiiy i�,�wu ., , <br /> worloao�nlik,� manoer as wouki a pnident operator, and in accordance rvitb� ' � . <br /> , go�erally acceptod hrade pcwctic�s, any applicabl�'operatin8 i8��.�'� <br /> applicable fodcral,state and local laws,n►les and ne$ulatios��nd(ti'!xl)to:perform <br /> each af Mortgagur's obligations set forth in the Notes, tbas Mqrtgxge, the Na�e <br /> , . Purcbas�Agreemeat, and the First�Ad3endum. <br /> ., c:..�.,,aqi�..•�„�ta. c*�re:�,e,.rc� F� �igt ov�l�. . ' ,1 <br /> . B. . . <br /> S�xtion 2.2 Mortgagor shall observe, perfar� and comply with all of the covenu�ta, <br /> agrecments� rrpresentitiv.ns and warr�uities containod in�.q�Q ind�ti4a.1� <br /> of tbe First Addendur�,'w�ich are u�corporated into this Soction 2.2 by nference <br /> as if fully set forth herc�. <br /> C. �,o ta� ict�nCC: �At1�IQ1itV.' , ' <br /> Secd�n 2.3 ,Mortgagor covenants tti�t it �is a cor{wration du�y organir.ed aad v8lidly existing <br /> under the laws of the Stato of Cxeorgia, is in good staodiu�g and qualified to do <br /> . business at the location of.the Mortgaged Property� has powet and the authority <br /> to accept and incur tlx obli�ations set forth heroin and in tlic*Notes and the other <br /> Loan Documents,acnl�agxees that at all times prior to the�+elcase of th�s Mortgage <br /> � SUp!'.,BMBNTA1.OtlANU ISLAND MOR'fGAUB 9' <br />