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or arrangement pursuant to federal bankruptcy law, or any similar federal or state law, shall be filed by or against, consented to, or acquiesced in, by Borrower or if any proceeding for the dissolution or liquidation of Borrower shall be instituted; however, if such appointment, adjudication, petition or proceeding was involuntary and not consented to by Borrower upon the same not being discharged, stayed or dismissed within sixty (60) days; (j) if the Mortgaged Property or any part thereof is taken on execution or other process of law in any action against Borrower other than a condemnation proceeding; (k) if the holder of any lien or security interest on the Mortgaged Property (without implying the consent of Lender to the existence or creation of any such lien or security interest), whether superior or subordinate to this Security Instrument or any of the other Loan Documents, declares a default and such default is not cured within any applicable grace or cure period set forth in the applicable document or such holder institutes foreclosure or other proceedings for the enforcement of its remedies thereunder; (1) subject to the provisions of paragraph 4(b) hereof, if the Mortgaged Property becomes subject to any mechanic's, materialmen's or other lien (other than for local real estate taxes or assessments which are not then due and payable) and such lien shall remain undischarged of record (by payment, bonding or otherwise) for a period of sixty (60) calendar days after Borrower's actual knowledge thereof; subject to the rights of Lessee to contest same as set forth in the Lease, if Borrower fails to cure, or fails to take commercially reasonable actions to enforce Lessee's obligations to cure, promptly any violations of laws or ordinances affecting the Mortgaged Property; (n) if Borrower fails to (i) permit on -site inspections of the Mortgaged Property (subject to the terms of the Lease, provided that no default beyond any applicable notice and/or cure period then exists under the Lease), or (ii) provide the financial information required pursuant to paragraph 15 hereof, and such breach or default continues for ten (10) days after written notice thereof from Lender; (o) if Borrower shall default in the observance or performance of any other term, covenant or condition of the Note, this Security Instrument or any of the other Loan Documents, and Borrower shall fail to remedy or cause to be remedied such default within thirty (30) days after notice by Lender to Borrower of such default, or if such default is of such a nature that it cannot with due diligence be cured within said thirty (30) day period, and Borrower shall not commence or cause to be commenced within said thirty (30) days, or shall not thereafter diligently prosecute, or cause to be prosecuted, to completion, all steps necessary to cure such default within a reasonable period of time; subject to paragraph 23(c) hereof, if any Event of Default under the Lease ( "Lease Default ") shall occur, provided that no Event of Default under the Loan Documents shall be deemed to exist as a result of this paragraph (p) until Borrower has received (m) (P) - 44 - 201400400