2� 1 ���313
<br /> CR�SS G�LLATERALIZATI�N. It is t�� �xpx�sSed i.nt�nt of Grantor ta cross collateralize a�l of its
<br /> Indebtedness and obligations to Lender, howsoe��r ��s�g and whenso�ver incurred, except any ob�igation
<br /> exist2ng or arising against the principa�dwetli.r�g o�a�y Grar�tor,
<br /> WARRANTIES. Grantor, for itself, its heixs, p�rsonal re�resentatiWes, successors, and assigns, represents,
<br /> �rarran�s,coWenants and agrees with Lender,its successo�s and assigns,as follows:
<br /> Performance of Qbiig�tion5, �rantor pxQrrxises ta �e�forxn all terms, conditions, and co�enan�s of this
<br /> Security Instrument and Re�ated Docurr�e�ts i.�accordance vsrith the terms contained�herein.
<br /> Defense and Title to Pr4perty. At the ti.me of exec�tio�and delivery of this instrument, Grantar is Iawfu�ly
<br /> seised of the estate hereby con�veyed and�as the excl�siv� right to mortgage, grant, cnn�ey and assign th�
<br /> Propert�. Grantor co�enants that the Prop�rty is ur��ncumbe��d and firee of a�l liens, except for encumbrances
<br /> of record acceptabl� to Lender. Furt�a��, Gra.r�tor cov��a�ts that Grantor will �rrarrant and defend generalty
<br /> the titie ta the Prope�-ty against any an� a�l ��a��s and d�mands wha�soe�er, subj ect to the easements,
<br /> r�strictions, ar ot��r encux�b�-ar�ces a����o�'d� �CC�pt�b�� �4 Ler�dex, as may �e listed �n the schedu�e of
<br /> exceptions to coverage in �y abstract a�t�tl� o�' t�t�e �nsurance pol�cy i�su�ing Lender's interest in the
<br /> Property.
<br /> Conditran of Property. Grantor promis�� at ��1 times to ��eser�e and to maintain the Prop�rty and every
<br /> par�thereof in good re�air, workir�g ord.��, �� co�d�t��n and wi�l from time to time, make a1�needfui and
<br /> proper repairs so that the�alue of�kie Prop�rty sk�a�I not in any way be impa�red.
<br /> Removai of any Part of the Pro�exty, Gx�ntor pro�xs�s r�ot to ren�ove any part 4f the Praper�y from its
<br /> present location,except for r�plac�zn��t,�na�n��r�ance and r�74cation�n the ardinary caurse of husiness.
<br /> Alteration s to th e Prop�rty. Gr�tor pro��s�s to abstaix� �r�r� the comxr�issxon of any waste on or in
<br /> conne�tion with the Property. Furt��r, Grant4r shall make no material alterations, additi4ns or improvements
<br /> of any type whatsoever to the Proper�y, reg�rdless af v�h�tk�er such altera�zo�s, addztions ar irnpro�ements
<br /> wou�d increase the va�ue of the Pro�erty, nor permit a�ayo�e to do sa except fo�tenant improvements and
<br /> completion of items pursuant to approved piar�s and spec��cations, �vithou.t L�nder's prior �vritten consent,
<br /> which c�nsent may be �vithheld by �,ender in its sole dxscr�ti�r�, Grantor will comply with al� laws and
<br /> regu�ations of all public a�thor�ties�aving jur�sd�ctiar�ove�th� Property inc�uding, without Iim2ta�ion,th�se
<br /> re�atu�g to the use, occupancy and �naixite�ar�c� t�e�sa�a�d shall upon re�ueSt pr�xnpt�y submit to Lender
<br /> evidence of such c�mp�iance.
<br /> Due on Sale-Lender's��nsent. Grant�r s�all not sel�,�ur�her�ncuamber or ot,kie�-v�r�se dispose of, except as
<br /> herein provided, any or aII of�ts ix�terest in any �art o�or alI of the Property without first �1�taining the
<br /> written consent af Lender. If any e�cumbrance, �ien, trans�er or sale or agreement for these �s cr�ated,
<br /> Lender may declare immed�ately d.ue and�ayab�e,the er�ti�e balarxce of t�e Indeb�edness.
<br /> Insurance, Grantor pr�mises to ke�p tk�e Pro�erty insured agains�such risks and ita such form as may with�n
<br /> the sole discretion of Lender be acceptab�e, causing Lendex to be named as loss payee or if reques��d �y
<br /> Lender, as mor�gag�e. The insurance com.pa.�y shall be cY�ose� by Grar�tor s�bj ect to Lender's approval,
<br /> which sha�I not be unx�asonably withheld, �4�� insuxance p�l�cies must prov�de that Lender wi�� get a
<br /> minimum of 10 days notice�rior to cancel�ation. At Le�der's d�scretion, Granto�ma�y be required to produce
<br /> receipts of paid premiums�nd renewal palic�es. �f�ra�tar fai�s to obtain the requ�red coverage,L�nder may
<br /> do so at Grantor's ex�ense. Grantor hereby directs each and every�r�surer of the Property to make payment of
<br /> loss to Lender vsrxth the proceeds to�e appl2ed, or��y at Lender's option,to the r����r and rep�acement of the
<br /> damage or loss or to be applied t�the Indebtedne�s with the su.�lus, �f any,to be paid by Lender to Grantor.
<br /> Payment of Tax�s and �ther Appli�able Charges. �`rrant�r promises to pa� and to discharge �iens,
<br /> encu.mbrances,taxes,assessments, �ease payments and any oth�r charges relating to the Property�vhen levied
<br /> or assessed against Gran�or ar the Pr�perty.
<br /> En�ironmental Laws and Hazardous or Tvxi� :ti'Iateria�s, �rantor and e�yer� tenant have been, are
<br /> presently and sha�l c�ntir�ue �o be in stx�ct compl iance ���it� an�f appl icab�e I�cal, state and federal
<br /> en��ronmenta�Iaws and regu.lations. Furth�r,neither�rantar nor any��nant shal] manufacture, store,hand�e,
<br /> discharge or dispose of hazardous or toxic mater2als as ma� be defined by any state or federal ?aw vn the
<br /> Property, except to the extent �he e�istenc� �f su�h mat�rials ha� b�en p��sent�y diselosed iz� ���ritin; tn
<br /> Lender. Grantor v�il1�mmediatel�� notify Lender in «•r�ting v�any assertion or c�aim mad� bti� an�r �ar-� as t�
<br /> the possi�l� v�oiation of appl��able �tar� and federa� en�rironmenra� la�s includ ing thz Iocatian a f an r
<br /> �
<br /> hazardaus or taxic materials on�r anvuF the Prap�rry. Gran�or in�emn�ftzs a.nd h�Ids L�nd�r harrnl��s from,
<br /> without limitation, any liabi�ity or �xpense of whats�ever natur� incurrea d ir�c��� ar �ndirec�lv �u� a f c�r in
<br /> r
<br /> connection with: �a}any environmentallav�s aff�cting aIi or any part af thz Propem� ar Grant�r; �b��hz pasx,
<br /> present or future existence�of any hazaxdous materials Fn, an, under, about, �r e�r�ana�ing from flr passin�
<br /> through th� Praperr�� or any part �hereo�or any properl.y ad�acent ther��q; �c} any past, pr�sen� or fuzure
<br /> hazardou.s ae��vi�� ar or �n cann�c�ion wi�h the Propex-ty or any par�t�aereof; and �d� �.he noncom liance b
<br /> p Y
<br /> Grantor or Grantor's iailure to c�mpi��fu11y and tixnely w��ki enyironmenta��aws,
<br /> F�naneial Information. Grantor agrees to supply Lender such finan�ial and other information concernin its
<br /> affairs �nd the status of any �f its assets as Lender fxom time �o ' g
<br /> , tune, may reasonably request. �rantor
<br /> fi�rther agrees to permit Lender to verify acCounts as we�l as t� inspect, copy and ta examine the books
<br /> records and files of�rantor. '
<br /> C 2D04-ZO 15 Compliance Systems,Inc.68F9-FTF9-20]5,l Z.3,t 025
<br /> Commercia!Real Estate Sec�ri�y Instrument-DL4�07 p�ge 2 of 5
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