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201400400 <br />(viii) the willful or grossly negligent material violation by Borrower of any law, ordinance, <br />rule, or regulation applicable to Borrower or the Mortgaged Property; <br />(ix) the termination or amendment of the Lease by Borrower in violation of the terms <br />hereof; <br />(x) the failure of Borrower to maintain its existence as a single asset, special purpose <br />entity in good standing, as required by this Security Instrument (provided, however, <br />that a breach of paragraph 20(g) or 20(n) of this Security Instrument resulting solely <br />from the failure of Lessee to pay Fixed Rent, Additional Rent or other amounts due <br />and payable under the Lease, shall not be considered a failure of Borrower to maintain <br />its existence as a single asset, special purpose entity in good standing under this <br />paragraph 51(f)(x)); <br />(xi) Borrower fails to obtain Lender's prior written consent to any subordinate financing or <br />other voluntary lien caused by Borrower or its agent encumbering the Mortgaged <br />Property as required by this Security Instrument; and <br />(xii) Borrower fails to obtain Lender's prior written consent to any Sale or Transfer if and <br />to the extent required by this Security Instrument. <br />Notwithstanding anything to the contrary herein, Lender may pursue personal liability of <br />Borrower and Guarantor, and the Note shall be fully recourse to the Borrower and the <br />Guarantor in the event that Borrower or Guarantor causes or consents to the occurrence of <br />any one or more the of the following: (i) Borrower files a voluntary petition under the <br />Bankruptcy Code or any other Creditors' Rights Laws; (ii) Borrower or Guarantor files, or <br />joins in the filing of, an involuntary petition against Borrower under the Bankruptcy Code or <br />any other any existing or future law with respect to any Person of any jurisdiction, domestic <br />or foreign, applicable to such Person and relating to bankruptcy, insolvency, reorganization, <br />conservatorship, arrangement, adjustment, winding -up, liquidation, dissolution, composition <br />or other relief with respect to such Person and its debts or debtors ( "Creditors' Rights <br />Laws "), or solicits or causes to be solicited petitioning creditors for any involuntary petition <br />against Borrower from any Person; (iii) Borrower files an answer consenting to or otherwise <br />acquiescing in or joining in any involuntary petition filed against it, by any other Person <br />under the Bankruptcy Code or any other Creditors' Rights Laws, or solicits or causes to be <br />solicited petitioning creditors for any involuntary petition from any Person; (iv) Borrower or <br />Guarantor consents to or acquiesces in or joins in an application for the appointment of a <br />custodian, receiver, trustee, or examiner for Borrower or any portion of the Mortgaged <br />Property, except, with .respect to the Mortgaged Property, if requested by Lender following <br />an Event of Default; or (v) Borrower makes an assignment for the benefit of creditors. <br />Notwithstanding anything to the contrary in this Security Instrument, the Note or any other <br />Loan Documents, Lender shall not be deemed to have waived any right which Lender may <br />have under § §506(a), 506(b), 1111(b) or any other provisions of the Bankruptcy Code to file <br />a claim for the full amount of the Debt secured by this Security Instrument or to require that <br />all collateral shall continue to secure all of the Debt owing to Lender. <br />52. GOVERNING LAW; SUBMISSION TO JURISDICTION. THIS SECURITY <br />INSTRUMENT SHALL BE GOVERNED BY AND CONSTRUED IN <br />- 66 - <br />