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201402159
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Last modified
7/20/2017 10:52:31 AM
Creation date
4/14/2014 1:56:07 PM
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DEEDS
Inst Number
201402159
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��14��159 <br /> ARTI�L�3—INDIVIDT�AL��RR��VVER�t]VENANTS <br /> Ind�vidua��3orrower cavenants and agrees that: <br /> Section 3.1 Pa ment af Debt. Borrawer v�i�� pay the Debt at the tin�e and in <br /> th�manner provided in the Loan Agreement,�he Na�e and this Sec�urity Ir�strument. <br /> Se�tian 3.2 In��rpora#ion bv Ref�r�nc,e. All the covenants, condxtians ar�d <br /> agreements contain�d in �a) the Laan Agreement, (h} the I�T�te and (c� all and ar�y �f the other <br /> Laan I3��um�nts to which Borrower is a party, are hereby made a par� of th�.s Se�urity <br /> Ins�m.ent to the same exterat ar�d with the same force as if fu��y set far�.herein. In the event af <br /> any�onf�ict between the t�rms af this Security Instrument at��.th�terms of th�Loan Agr�emer�t, <br /> the terrns�f the Loan Agr�em�nt shall can�rol. <br /> Se�t�on 3.3 Insurance. Individual, F�orr�wer sha�� �btain and rr�aintain, or <br /> cause to be �nainta�ned, �n fu�1 forc� and �ffect at a�l tirx�.es insurarice with resp�ct to Indivi�ua.� <br /> Borrow�r and the Properry as r�qu�red�ursuant to th�Loar�Agreement. <br /> F <br /> Section 3.4 Maiu�tenanee of Pr� er . Individual Borrawer sha�� �,ause the <br /> Property to be mainta�ned in a good a�d saf� c�nditian and repatr. 'i'he Impro�ements, th.� <br /> F�xt��res, the Equ�pment ar�d th� Persona� Property sha1.� not be rerr�o�ed, demaiished ar <br /> ma��ria�.1�alt�red�except f�r narma� repla�err�ent of the Fixtures, trie Equipment or the�'ersona� � <br /> Praperty, tenant finish and refurbishm�nt of the Improvem�n�s}with�ut the priar written cor�sent <br /> af Lender or as atherwise permitted Fursuant ta the Loar�Agreement. Individua�Borrower sha11, <br /> comply vcr�th the pro�isians af Sections 6.� and 5.3 vf the Loan Agreement. <br /> S��tian 3.5 Wast�. Indi�ridual Borrow�r s�all not comrr�it ar suffer any waste <br /> of the prop�rty or make any�hange in the use c�f the Property v�hich will �n any vvay materiaily <br /> in�rease the risk af�ire or other hazard azising out af the operativn �f the Property, or take a.ny <br /> a�tion that�auld reasonat�ly be expected to invalidat�or allaw the car�cellat�on of any Policy, or <br /> do or permit ta be dane ther�on anykhing tnat cau�d reasanably be �xp�cted to in any vvay <br /> material�y unpair the value of the Praperty ar trie security of this Secur�ty Instrument. Indivi�ival <br /> Barrower�vil�n�t,withaut th�prior written cansent of Lender,permit ar�y drilling or�xploration <br /> for or �xtraction, remo�a�, or praduction af any minerals fram the surface or the subsurfac� of <br /> the Land,regardless�f the depth thereof or th�rnethod af mining�r extra�t�an thereof. <br /> Section 3.6 Pa ment far Labar and Mat�riais. Except as otherwise <br /> permitted pursuan.t to Se�tivn 5.1.� or Sectian 5.1.27 of the Loan Agreernent, Individua� <br /> B�rrawer shal�, ar sha�l caus� Master Tenant t� proxraptiy pay a�l bi��s �nd costs far �abvr and <br /> materia�s in�urred in r,onne�tior� with the Proper�y before the saxne sha�l becom� d�Iinquent or <br /> atherwise be in�efault. � <br /> Se��ion 3.7 Perforrnance of [�ther A�re�m�nts. Individual Barrower sha�� <br /> _ <br /> abserv� and perfarrn, �r�ause to be observ�d. ar�d performed, ea�h and every tez�m, covenant and <br /> pravi si on to b�ob served or p erform ed by Indi�idual B orr�wer pursuant to the Lo�n Agr�ement, <br /> any other Laan I]ocum�nt ta which B�rrower is a party and, except as cauld not reasonab�y be <br /> 1 D73 l S i.�4-NYC5R43A-Msw <br />
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