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(b) <br />M400400 <br />Mortgaged Property is or shall become a lawful nonconforming use, unless permitted <br />under the Lease Borrower will not cause or permit such nonconforming use to be <br />discontinued or abandoned without the prior written consent of Lender. <br />Borrower shall cause Lessee to provide Lender with copies of the certificates required <br />pursuant to Section 9(d), Part II of the Lease regarding the condition of the Mortgaged <br />Property, as and when such certificates are required pursuant to the Lease. <br />9. Transfer or Encumbrance of the Mortgaged Property. <br />(a) General. Borrower acknowledges that Lender has a valid interest in maintaining the <br />value of the Mortgaged Property so as to ensure that, should Borrower default in the <br />repayment of the Debt, Lender can recover all or a portion of the Debt by a sale of the <br />Mortgaged Property. Except as otherwise provided herein, Borrower shall not, without <br />the prior written consent of Lender, which consent may be withheld in its sole <br />discretion, consummate a Sale or Transfer. Lender shall not be required to demonstrate <br />any actual impairment of its security or any increased risk of default hereunder in order <br />to declare the Debt immediately due and payable upon a Sale or Transfer without <br />Lender's prior written consent or as otherwise expressly permitted herein. This <br />provision shall apply to every Sale or Transfer regardless of whether voluntary or not, <br />or whether or not Lender has consented to any previous Sale or Transfer. Lender's <br />consent to a Sale or Transfer shall not be deemed to be a waiver of Lender's right to <br />require such consent to any future occurrence of same. Any Sale or Transfer made in <br />contravention of this paragraph shall be null and void and of no force and effect. <br />(b) Definitions. The following terms shall have the definitions set forth below or otherwise <br />as set forth in this paragraph 9, as so indicated: <br />"Beneficial Ownership Interest" shall mean the interest in Borrower which evidences or <br />has the right to the economic or financial benefits or burdens of Borrower's business, <br />which such interests may include, without limitation, those of a corporate shareholder, <br />limited liability company member, trust beneficiary, general partner, limited partner or <br />joint venturer, or any controlling interest of any entity directly or indirectly controlling <br />such general partner, managing partner, joint venturer or member, by operation of law <br />or otherwise. <br />"Grantee" shall mean the Person to whom a Sale is made by the Borrower. <br />"Grantor" shall mean the then current Borrower who is making a Sale to a Grantee. <br />"Non- Consolidation Opinion" shall mean that certain substantive non - consolidation <br />opinion letter delivered by Cavazos, Hendricks, Poirot & Smitham, P.C. in connection <br />with this Security Instrument. <br />"Replacement Indemnity" shall have the meaning ascribed to such term in paragraph <br />9(d)(4) hereof. <br />