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. ��15�6953
<br /> WARRANTIES. �rant�r, for�i�self, i�s �eirs, persvnal represen�atives, successars, and ass�gns, represenfs,
<br /> �varrants,c��enants and�agrees��#�Lender,��ts su�cessors and assigns,as follavvs:
<br /> Perf�rmance of a�ligations. Gran��r promises to perf�rm al� terms, conditions, and c��venan�s of this
<br /> Secu.rity Instrumen�and Rela�ed Dacumen�s in ac�ordance with the terms c�n#ained f.herein.
<br /> Defense and Title�to Property.At the-time of e�ecution and delivery of this�.nstrument,Grantvr�s lawfully
<br /> s��sed flf�he estate hereb�convey�d and has�he exclusive right��mor�gage, gran�, c�nv�y and assxgn the
<br /> Property.Gran�ar covenan�s that�he pr�pex-ty�s unencumhered and free of aI��iens,except for encumbrances
<br /> af record acceptab�e�o Lender. �ur�her, Gran�or cflve��an�s tha�Grantor v���l vvarran�and defend �eneraliy
<br /> the title to t�ie Pr�pe1-�y agains� any and alI cla�ms and demands whatsaever, subj ect t� the easements,
<br /> res�rictians, or ath�r encumbran�es�of record acceptable �o Lender, as may he Iis�ed in the sch�du�e of
<br /> �x�ep�ions.�� c�v�rage, in any abstra�� �f�i�1e or title �nsurance poli�y fnsuring Lender's xnteres� in fhe
<br /> Prop er�. . .
<br /> �onditian nf Prn er . Gran�or�romises at ali times to preserve and to main�ain the Proper�y and every
<br /> A �3'
<br /> part thereu�f in g�od repair,working�rder, and c�ndition and will from time�o�ime, mal�e a�l needful and
<br /> prap er repa�rs s�tba��he value af�he Prop erty shall not in any way b e imp aired.
<br /> . •q .
<br /> Removal af an Par� vf the property. Grantor promuses n�t�fl rernave an�par�of the Proper�y fram��s
<br /> Y
<br /> presen�lacation,e�cept,far rep�acemen�,ma�n�enance and reloca�on in the ordinary c�urse❑f l�usiness.
<br /> Al��ration� ta the Pr�perty. Grantvr .promises to al�stain fram �he commi�sion nf any �rvas�e on ar in
<br /> covnection with the�'r�per�.Fur�her, �ran�or shal�make no mater�a�al�era�ian.s,a�d�t��ns or unpro�vemen�s
<br /> af any type whatsoe�er to_th�.Pr�pe�-ty, regardless vf whether such a��eratiansa addi�ions or �mprovements
<br /> would increase the va�ue �f�the Pr�per�y, nor permxx any�ne t� do so excep�for tenan� improv�ments and
<br /> complet�on of�teins pursuan���o.appro�ed plans and spec��cations, �i�h�ut Lender's pr�or�ritten consen�,
<br /> �nrhich consent may be�withheld by Lender in i�s sale discretion. Grant�r w�l� comply with alI Ia�s and
<br /> regula�ians of all public aut�aorit�es�iaving jurisdiction o�er the Pr�perty including,withaut�unitativn,those
<br /> r�Iating�o �he use,,�occupanc���and ma�a�enan�e therenf and shall upon request pramptly subm�t tv Lender
<br /> eviden�e of su�h��olnpliance.�' .�. � .
<br /> I)ue�n SaXe-Lender�s Consenf. �ran�or shal�n�t sel�,fur�her encumber ar otherwise d�spose of,e�cep�as
<br /> herein pra�ided, any or a�� of��s i.nterest �n�an}� part of flr.al� �f�he Pr�perCy vvi�hou� first obta�ning�he
<br /> wri�ten c�nsenl; �f�.ender. �f any encumbrance, lien, transfer ar sale or agreernent fflr �hese is crea�ed,
<br /> Lender may declare inu�edia�ely due and paya�le,�h�entire balance of the�ndebfedness. -
<br /> Insuran�e. �ran�Qr prQmuses��keep th�Pr�per�y insured agaxnst such ris�s and in such form as may v�ithin
<br /> �.�e s�ie discretion of Lender be accep�able, causing Lender�o be named as loss payee or �f requested by
<br /> Lender, as m�1-�gagee. The insuran�e f�compan� shall be chos�n 1���Gran�or subj ec� �a Lender's approval,
<br /> w�uch shal� nvt be unreasonab�� vvithheld. A�� in�uranc� palicies Ynust pra�r�de �ha� Lender wi11 get a
<br /> muumum af 1U da�s not�ce prior�o canceilat��n.At Lender's discretivn,�ran��r ma�be requ�red��produc�
<br /> receip�s of paid premiums and rene�al p�licies.�f�rantar fails to oh�ain the required caverag�,Lender may
<br /> da so at Grall��r's expense.�ran�or hereb�du ec�s each and every�nsurer�f th�Praper�y�o mal�e payment of
<br /> lnss�o Lend�r w�th�he pr�ceeds��be applied, on��at Lender's opt�on,�a�he repair and r�placement vf the
<br /> damage or 1�ss or��be applied t��he Indebtedness v�ith�he surplus,if any,to be paid by Lend�r to Grant�r.
<br /> Payment af Taxes aad �ther Appl�cab�e �harges. Gran�ar promises t� pay an�i �o dis�harge �iens,
<br /> enculbbrances,taxes,assessmen�s,lease payments_and an�o�her charges re�atirlg�o�he Pr�pert�r vtrhen levi�d
<br /> or assessed agains��rantor�r�he Pr�per�y.
<br /> Enviranmental Lar�vs and Y�azardaus�or Toxic Ma�eria�s. Grantor and e�rer� tenant have been, are
<br /> present�y and sha�1 contixlue �o be m strict complian�e with any applicable Iocal, sta�e and federal
<br /> env�ronmental�a�rs and regula��ons.Fur�her,ne�ther Grantar n�r any tenant shall manufa��ure,sfore,handle,
<br /> discharge or d�spose �f ha�ardous or toxic materials as may be defined by any s�ate or federal Ia�tr�n the
<br /> Proper�y, except�a the extent tl�e e�is�ence �f such materia�s has been pr�sently disclosed in wri�ing to
<br /> Lender.Grant�r v��l��mmed�ately not�fy Lender in writing�f an�asser��on�r claun made by any party as to
<br /> the possible viola�Yon of�app�icab�e state and federal �nvironmental Iaws �ncluding th� Iocat��n �f an�
<br /> ha2ard�us or taxic ma�erials an�r al��ut�he Prop�rty. Grantor�ndemn��es and ho�ds Lender harmless fr�m,
<br /> v���hou�lirnitati�n, a1�y Iia�ility�r.e�pense of wha�soever nature incurred direc�l�ar in.direc�i� ou� of or in
<br /> connecti�n with: [a)any environ�nentalla�s affec�ing a���r an�pazt❑f the Proper��r Grantor;�b}�he pas�,
<br /> present ar future ��rstence of an� hazardous ma�eriais in, on, under, about, �r emanating from ar passing
<br /> �hraugh the Property or an��pa�`t f�iere,�f or any properry adja�ent�hereto; �c} any past, present vr fu�ure
<br /> ha.2ardous a�tiwity a�ar�n c�r�nec�ivn w�th the Pr�perty ar any part thereof; and�d}the n�n��mpliance by
<br /> Gran�or ar Grantor's fa�lure t��omply fu�ly and ti_mely with.env�r�nmenta�laws.
<br /> Financiai Informat��n.�ran�or agr�es to supply Lender such f'tnanciai and other infarmatian concerning��s
<br /> affairs and the s�atus of an� of Yts assets as Lender, from time to tune, may reasanably reques�. Grantor
<br /> fur�her agrees to pe�mi.t Lender ta �rerify accaunts as vve�l as to �nspec�, copy and tv examine the boaks,
<br /> rec�rds and fi�es�f Grantor. �
<br /> Lender's Right t❑Enter.Lender or Lend�r's ag�nts shall ha�re�he righ�and a�cess ta�nspec�the Praperty at
<br /> a�l reas�nab�e times in order to a�tend to Lender's int�res�s and ensure comp�rance urith �h� �erms �f this
<br /> Secur�ty Instru�.nent. �f the Prop�rty, ar any par� �here�f, sha�I require inspect�on, repa�r ar maintenance
<br /> �vhich Grantor has failed t�provid�, Lender, after reasonabie n�tice,may �n�er upon the Prvper�y�o effec�
<br /> �2�a�-2D1 S Cnmpliance Systems,Inc.3A?I]-EEDS-2U I5.3.5.984
<br /> Cnmr3nercial Real E�take Sea�rity Instrument-DLADQ7 Pa�e 2 af 5 www.complia��esystems.cnm
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