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<br /> Truet pcquire any righte tn or•Hcna upon the Property�s the indebt�dne.s� sec rea by this
<br /> Deed of Trust at the time of tbe fUiag of this Deed of Truat for ra:ord. Each such future
<br /> adv�nce sh�l be evidenced by the Lo�n Agreeiment or other evidence of indel�tedness
<br /> idendfytng suc6 future advance�s put of the indebtednas aecured hereby and shvl maturo
<br /> not I�ter th�tn tbe m�turity date atAtal�bove. Nothin�herein conhiae.tl shAll be construal
<br /> as crenting�ny obUgation on the part of the holder of thb Deed of Trust to mak+e�tny�uch
<br /> . future advance.
<br /> � � ARTICLE ONE
<br /> � COVENANT3 OF GRANTOR
<br /> Crantor covenants and agras with Lender as follows:
<br /> � 1.1 Performance under Guaranty �ad Deed ot True� Grantor ahall
<br /> � • parform,observe and camply with or cause to be performed,observod aad complied with in a
<br /> �� complete and timely manuer all provisions hereof� aad of the Guareaty.
<br /> 1.2 Gener�l Coven�nta �ad RE�11'�'!{e11�i�0A�. Grentor coveaeata,
<br /> represents aad warrents that as of the date hereof aad et all times thereafter during the tenn
<br /> � hereof: (a) G�ator is seiz�d of en indefeasible e�tate in fee simple in thai po�tion of the
<br /> . Property which is real properiy,aad has good and absolute title to it and the balaace of the
<br /> Property free and clear of ell liens,security iaterasta. charges and encumbraaces whatao�ver
<br /> � except thosa aet forth on Ez6ibit H attachal hereto. liens securing taxes not yet due aad
<br /> ;� �,s►yahlw, lilna a�:nring tax�+which are being cont.��ted in accordsnce with the proviaions of
<br /> the Loan Ag�reement,and "Penaitted Encumbrances" (as defined in tha Loan Agreement)(all
<br /> ••� ' of such liena, secutity intcresb, charges aad� encumbreuces beiag collectively hareinsfter
<br /> • t raferred to aa the Fera�itted Eacumbrancc� )► (b) (irantor he� good right, full power end
<br /> � lawfi�l authority to mortgage and plodge tha Property ae provided herein;�(c) upen the
<br /> occurrenca end during the continuaace of an Ev�t of Default(hereinafter det'lnod), Lender
<br /> '�: may at all timea peaceably and quietly enter upon, hold, occupy and enjoy the Properly in
<br /> ; accordence with the tecros hereof; and(d)C3rautar will maintaia and preserve the lien of this
<br /> Deod of Trust as a fust aad paramouat lien on the Property subject only to the Perniitted
<br /> � , Encumbrances untf 1 the Loans have beea paid in full and Lender's ob�igationa under the Loaa
<br /> Agrearnaat have been tecminated.
<br /> ; 1.3 Complt�nce wtt6 Lawa �nd Other Restrtctio�s. Grantor coveaants
<br /> and represents that the Land and the Improve�►ients erid tha use thereof presently compty with,
<br /> and will continue w comply with,aU applicable restriictive covcnant�,zoning and subdivision
<br /> ordinancas and buiJding codes,licenses, health and environmeatal laws end *egulations and
<br /> ail other applicable laws, ordinances, rule� and regulations, to the extent that any non-
<br /> compliance therewith could have a material adverse effect on Cireator* the Property. or
<br /> Grantor's business conducted thereon.
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