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CROSS COLLATERALIZATION. It is the expressed intent of Grantor to cross collateralize all of its
<br />Indebtedness and obligations to Lender, howsoever arising and whensoever incurred, except any obligation
<br />existing or arising against the principal dwelling of any Grantor.
<br />WARRANTIES. Grantor, for itself, its heirs, personal representatives, successors, and assigns, represents,
<br />warrants, covenants and agrees with Lender, its successors and assigns, as follows:
<br />Performance of Obligations. Grantor promises to perform all terms, conditions, and covenants
<br />of this Security Instrument and Related Documents in accordance with the terms contained
<br />therein.
<br />Os
<br />Defense and Title to Property. At the time of execution and delivery of this instrument, Grantor
<br />is lawfully seised of the estate hereby conveyed and has the exclusive right to mortgage, grant,
<br />convey and assign the Property. Grantor covenants that the Property is unencumbered and free of
<br />all liens, except for encumbrances of record acceptable to lender. Further, Grantor covenants that
<br />Grantor will warrant and defend generally the title to the Property against any and all claims and
<br />demands whatsoever, subject to the easements, restrictions, or other encumbrances of record
<br />acceptable to Lender, as may be listed in the schedule of exceptions to coverage in any abstract of
<br />title or title insurance policy insuring Lender's interest in the property.
<br />Condition of Property. Grantor promises at all times to preserve and to maintain the Property
<br />and every part thereof in good repair, working order, and condition and will from time to time,
<br />make all needful and proper repairs so that the value of the Property shall not in any way be
<br />impaired.
<br />Removal of any Part of the Property. Grantor promises not to remove any part of the Property
<br />from its present location, except for replacement, maintenance, and relocation in the ordinary
<br />course of business.
<br />Alterations to the Property. Grantor promises to abstain from the commission of any waste on
<br />the Property. Further, Grantor shall make no material alterations, additions or improvements of
<br />any type whatever to the Property, regardless of whether such alterations, additions or
<br />improvements would increase the value of the Property, nor permit anyone to do so except for
<br />tenant improvements and completion of items pursuant to approved plans and specifications,
<br />without Lender's prior written consent, which consent may be withheld by Lender in its sole
<br />discretion. Grantor will comply with all laws and regulations of all public authorities having
<br />jurisdiction over the premises relating to the use, occupancy and maintenance thereof and shall
<br />upon request promptly submit to Lender evidence of such compliance.
<br />Due on Sale — Lender's Consent. Grantor shall not sell, further encumber or otherwise dispose
<br />of, except as herein provided, any or all of its interest in any part of or all of the Property without
<br />first obtaining the written consent of Lender. If any encumbrance, lien, transfer or sale or
<br />agreement for these is created, Lender may declare immediately due and payable, the entire
<br />balance of the Indebtedness.
<br />Insurance. Grantor promises to keep the Property insured against such risks and in such form as
<br />may within the sole discretion of Lender be acceptable, causing Lender to be named as loss payee
<br />or if requested by Lender, as mortgagee. The insurance company shall be chosen by Grantor
<br />subject to Lender's approval, which shall not be unreasonably withheld. All insurance policies
<br />must provide that Lender will get a minimum of 10 days notice prior to cancellation. At Lender's
<br />discretion, Grantor may be required to produce receipts of paid premiums and renewal policies. If
<br />Grantor fails to obtain the required coverage, Lender may do so at Grantor's expense. Grantor
<br />hereby directs each and every insurer of the Property to make payment of loss to Lender with the
<br />proceeds to be applied, only at Lender's option, to the repair and replacement of the damage or
<br />loss or to be applied to the Indebtedness with the surplus, if any, to be paid by Lender to Grantor.
<br />Payment of Taxes and Other Applicable Charges. Grantor promises to pay and to discharge
<br />liens, encumbrances, taxes, assessments, lease payments and any other charges relating to the
<br />Property when levied or assessed against Grantor or the Property.
<br />Environmental Laws and Hazardous or Toxic Materials. Grantor and every tenant have been,
<br />are presently and shall continue to be in strict compliance with any applicable local, state and
<br />federal environmental laws and regulations. Further, neither Grantor nor any tenant shall
<br />manufacture, store, handle, discharge or dispose of hazardous or toxic materials as may be defined
<br />by any state or federal law on the Property, except to the extent the existence of such materials has
<br />been presently disclosed in writing to Lender. Grantor will immediately notify Lender in writing
<br />of any assertion or claim made by any party as to the possible violation of applicable state and
<br />federal environmental laws including the location of any hazardous or toxic materials on or about
<br />the Property. Grantor indemnifies and holds Lender harmless from any liability or expense of
<br />whatsoever nature incurred directly or indirectly out of or in connection with: (a) any
<br />environmental laws affecting all or any part of the Property or Grantor; (b) the past, present or
<br />future existence of any hazard materials in, on, under, about, or emanating from or passing
<br />4.;s
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<br />Initials
<br />201440564
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