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<br /> , . �� � determination of such praceedings; and(ii)if required by Lender, Bonower shall furnish a good R
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<br /> ,•� and sufficient bond or surety as requested by and satisfac[ory to Lendcr in an amount sufficient _
<br /> ;�� to fully pay the contested amount, with penalties, interest and other charges if Borrower should
<br /> be unsuccessful in such contest; and (iii)Borrower shall diligently pursue such contest.
<br />^' � _ (b) Borrower shall pay, on or before the due date thereof, all taxes,
<br />�:�,:..: ., . , assessments, charges, expenses, costs and fees which may now or hereaRer be levied upon, or .
<br /> Y�%�''•� � � assessed or charged against�ar incurred in connection with, the Notes,ttiis Deed of Trust or any
<br />:��' " R � other Loan Do�umeats.
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<br /> �.=.,-,.,.��� . (c) Bonower shall pay, on or befor� the due date thereof, all premiums on
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<br /> : policie�of insurance covering, affecting or relatizig to the Collateral, as required by the Loan
<br /> � _� ,�� � Agreement; all ground lease rents and other payments; and all udlitycharges with respect to the
<br /> �� � Collateral,or which may become a charge or lien against the Collateral,for gas, electricity,water
<br />;=?;.:.:�x;±'� and sewer services and the like fumished to the Collateral, and all other public or private
<br /> � assessments or charges of a similar nature affecring the Collateral or aay portion thereof, whether
<br /> ; ��� or not the nonpayment of same may result in a lien thereon. Borrower shall submit to Lender such
<br /> f`'�'�{`-��.:•��?` evidence of the due and punctual payment of all such premiums, rentals and other sums as Lender
<br /> `"�- "'•"� mayrequire.
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<br />-��'=��'=�"' � (d) Borrower shall not suffer any mechanic's, materialman's, laborer's,
<br />;Y'A`,�"r '`� � statutory or otlier lien(except as expressly pernutted by the Loan Agreement} to bc cieat�d ar
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<br /> -__;.;�ti�;�. rernain outstanding against the Collateral;provided,however,that Barrower may contest any suc
<br /> .�;:-��x„�- � lien in good faith by appropriate legal proceedings provided the lien is bonded off and removed
<br /> '�'`�� as an encumbrance upon the Collateral. Lender has nnt consented and will not consent to the
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<br /> �,�w", performanGe of any work or the furnishing of any materials which might be deemed to create a
<br />--��;;�-�� lien or liens superior to the lien.hereof.
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<br /> .�����!�"�� .. (e) In tha event of the passage of any state, federal, municipal or oth�er
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<br />_,._,,�:�;�.� governmental law, order, rule or regulation, subsequent to the datc hereof, in any manner
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<br /> ,-�,,,.;-..�� changing or modifying the laws now in force governing the taxation of mortgages, deeds o trusc
<br /> �..T��:'::._:�;� or securiry agreements or debts secured thereby or the manner of collecting such taxes so as to
<br /> :=;}L;"�: adversely affect Lender, Bonower will pay any such tax on or before the due date thereof. If
<br /> �"`��'��"�* � Bono�ver fails to make such prompt payment or if, in the opinionof Lender, any sucl� state,
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<br /> '��:.i;;� federal,municipal,or other governmental law,order,rule or regulation prohibits Borrower from
<br />�"�r ��`+� ' making such payment or would penalize Lender if Borrower makes such payment or if, in the
<br />-;1�'"'�''-��"" opinion of Lender,the making of such payment might result in the impositinn of interest beyond
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<br /> ,�•�•_� �- �-� the maximaun amount permitted by applicable law, then the entire balance of the Loan Obligattons
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<br /> � . � shall, at the option of Lender,become immediately due and payable without preniium or pena ty.
<br /> � (� The Borrowcr hereby indemnifies and holds Lender harmless from any sales
<br /> � : or use tax that may be imposed on the Lender by virtue of Lender's Loan to Aorrower. _
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<br /> 48984G.3 �
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