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- 2� 1 ��835 �a� the perf�rmance of a�l other ob��gations af Individual B�rr��rer conta.�ned herein; - �b� the performance of each abligation of Borrower ��r�tained in the L�an Agreement and any�ther Laan Docurr�ent; and �c} the performance �f each obligation of Borrower �ontained �n any renewa�, extens�on, amendment, modification, consol�dation, change af, or subst�tutx�n or replacemer�t for, a�l or any part�f the N�te, the Laan Agreement or any other Laan Document. �ect�on 2.3 I)ebt and �ther �b�i�at�ons. Borr�wer's ob��gatxons for the payment of the I]ebt and the performance of the �ther �bligations sha11 be referred t� co��ctively herein as the "�bligations." ARTICLE 3—I�DIVIDUAL B��tR�yV�R��VENANTS Ind�v�dual Barrovver�ovenants and agrees that: Sectxon 3.1 Payment of Debt. Borrower wil� pay the Debt at th� txme and in the rnanner provided in the Loan Agreement,the Note and this Security Instrument. Secti�n 3.� Incor oration b Reference. A�I the cover�ants, condit�ons and agreements conta�ned �n �a} t�ie Loan Agreement, [b} the Note and �c� a�l and any of the other Loan Documents to Which B�rrawer �s a party, are here�y made a part of this Security Instrumer�t ta th� same extent and w�th the same force as �f fu�ly set f�rth herein. In the ever�t af any c�nflict betW�en the terms of this Security I�.strument an�the terms of the L�an Agreement, the term��f the Loan Agreement sha�� c�ntro�. Sectian 3.3 Insurance. Ind��idua� B�rro�ver shall obtain and ma�nta�n, or cause to be mainta�ned, in fu11 farce and �ffect at a�l times xnsurar�ce with respe�t to Individual B�rrawer ar�d the Property as re�uired pursuant to the L�an Agreement. Sect�ori 3.4 Maintenanc� of PropertY. Individua� Borr�wer shall cause the _ _._,,. Property to be maintained in a goad and safe c�nd�tion and r�pa�r. The Improvements, the Fixtures, the E�u�pment and the Persona� Property shall not be removed, demo��shed or material�y a�tered �except for norma� replacem�nt of the Fixtures, the Equipm�nt or the Personal � Property, tenant f nish and refurbishment of the Impravements� without the pr�or written consent �f Lender ar as �therwise permitted pursuant to the Loa.n Agreement. Indi�idua� Barrower sha11, comply with the pravisions of��ct�ons 6.2 and �.3 of the Loan Agreement. Section 3.5 �V'ast�. Ind�v�dual Borrower shall not commit or suffer any waste �f the Proper�y �r make any �hange in the use of the Praperty which wili in any way materia��y increase the ris� of f r� ar �ther hazard ar�sing �ut �f the operation of the �'ro�erty, �r take any action that c�u�d reasonah�y be expected to inva�idate or a��ow the cancellat�on af any Policy, nr da or perm�t to be done therean anyth�ng that cou�d r�asonably be e�pe�t�d t� in any way mater�ally impair the value of the Propert� or the security of this Se�urity Instrument. Indiv�dua� Borrower vvill n�t, without the prior written c�ns�nt of Lender, permit any dr��ing or exp�oration 9 [NEWY�RK 31698�7 4]