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200003557 <br />of such lost, stolen, destroyed or mutilated Note or Other Loan Document in the same principal amount <br />thereof and otherwise of like tenor. <br />Section 5.7 Amended Financing Statements. Borrower will execute and deliver to the Lender, <br />prior to or contemporaneously with the effective date of any such change, any financing statement or <br />financing statement change required by Lender to establish or maintain the validity, perfection and priority <br />of the security interest granted herein. At Lender's request, Borrower shall execute a certificate in form <br />satisfactory to Lender listing the trade names under which Borrower operates or intends to operate the <br />Property, and representing and warranting that Borrower does business under no other trade name with <br />respect to the Property. <br />Article 6 - DUE ON SALE /ENCUMBRANCE <br />Section 6.1 No Sale /Encumbrance. Borrower agrees that Borrower shall not, without the prior <br />written consent of Lender, sell, convey, mortgage, grant, bargain, encumber, pledge, assign, or otherwise <br />transfer the Property or any part thereof, or permit the Property or any part thereof to be sold, conveyed, <br />mortgaged, granted, bargained, encumbered, pledged, assigned, or otherwise transferred (collectively, <br />"Transfer"). Notwithstanding the foregoing, Borrower may Transfer the Property with the prior written <br />consent of Lender which consent will not be unreasonably withheld in the case of a proposed transferee <br />whose creditworthiness, entity structure and management ability meet standards consistently applied by <br />Lender for approval of borrowers for similar properties under mortgage loans secured by similar properties, <br />provided that: <br />(i) a transfer fee equal to one percent (1 %) of the Debt shall be paid by Borrower to <br />the Lender upon notice being given to Borrower of approval of the proposed Transfer; and <br />(ii) no Transfer shall be permitted hereunder if an Event of Default, or an event which <br />with the giving of notice or lapse of time or both could become an Event of Default, has occurred and is <br />continuing; and <br />(iii) prior to the effective date of any Transfer, the purchaser shall execute and deliver <br />to the Lender if Lender so requires in its absolute and sole discretion a written assumption agreement in <br />form and substance acceptable to Lender in its sole discretion containing such environmental indemnities <br />and other guarantees as Lender may require and such principals of the purchaser as required by Lender <br />in its sole discretion shall execute and deliver to Lender such guaranty agreements and environmental <br />indemnity agreements in form and substance acceptable to Lender in its sole discretion; and in the event <br />of a sale of all of the Property to a third party unaffiliated in any manner with Borrower pursuant to an arms - <br />length transaction, then upon execution of such documentation and satisfaction of all of Lender's other <br />requirements, Lender shall release the current borrower, guarantor and indemnitor from obligations arising <br />under the Note, the Security Instrument and the Other Loan Documents with respect only to matters first <br />occurring after the closing of such sale. <br />Section 6.2 Transfer Defined. A Transfer within the meaning of this Article 6 shall be deemed <br />to include, but not be limited to (a) an installment sales agreement wherein Borrower agrees to sell the <br />Property or any part thereof for a price to be paid in installments or any other sales contract or other <br />agreement to sell the Property or any part thereof; (b) an agreement by Borrower leasing all or a substantial <br />part of the Property for other than actual occupancy by a space tenant thereunder or a sale, assignment or <br />other transfer of, or the grant of a security interest in, Borrower's right, title and interest in and to any Leases <br />or any Rents to any party other than Lender; (c) if Borrower, any Guarantor, any Indemnitor, or any general <br />partner or managing member (or if no managing member, any member) of Borrower, Guarantor or <br />Indemnitor is a corporation, (i) the voluntary or involuntary sale, conveyance, or transfer of such <br />corporation's stock (or the stock of any corporation directly or indirectly controlling such corporation by <br />GMACCM (SLP) — DOT (8/98) 22 ATL d Isle, Nebraska 4 <br />Grand Isle, Nebraska <br />