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2� 1 ���372
<br /> CR�SS C4LLATERAL�GATZ�N. [t is �he expressed intent of �rantor to cros� collateralize a[] af st�
<br /> lndebtedness and obligations to �ender, huwsae�rer arising and whenso�ve�- incurz-ed, except any vb�igatian
<br /> existing or arising against the prin�ipal dw�liing af any Grantor.
<br /> �VA�2RAI�TYES. Grantor, for itself, its he�rs, persanai representatives, success�rs, arid assigns, repr�sents,
<br /> wan•ants,�o�enant�and agrees with Len�er,its successors and assigns,as follows:
<br /> Perforrna nce Qf�hligations. �rant�r promises to perf�nm all terms, conditions, and covenants of this
<br /> Security Instrument and Related Dacuments in a�Gordance w�th the terms cantained therein.
<br /> ]]efensc and Title to Property.At the time of executivn�nd deliv�ry of this instrumei�t,Grantor is lawfuily
<br /> seised af khe es#ate hereb}�c�nveyed and has the�xclusive right to moi-tga�e,�rant,convey and assign ihe
<br /> Prop�riy.Grantor covenants that the Praperry is unencumbered and free of all liens,exc�pt fvr encumbrances
<br /> of recflrd acceptable ta Lender.Further,Crantar c�venants that Grantar wil� warrant and defend generally
<br /> the title to the Pro�eriy against any �nd al� �laims and demands whatsoever, subaect to the easements,
<br /> restrictians, or other encumarances of record acceptab�e to Lender, as may be listed in the S�hedule of
<br /> ex�eptions ta co�erage in any abstract of title or title insurance poli�y insuring Lender's interest in the
<br /> Property.
<br /> Conciition of Property. Grantar�rvin�ses at all times to preser�e�nd to maintain the Prapert}►and every
<br /> part thereaf in good r�pair,wotking order,and�ondition and wi ll from tim�ta time,make a�1 needfu�and
<br /> prop�r repairs so that the value af the PrQperty shall not in any way he impaired.
<br /> �t�m�val uf s�ny Part of the Property.Grantor promis�s nvt to r�m�ve any part of the Praperty from its
<br /> present location,e�ccept for r�p�acement,maintenance and reloGa#ian in the vrdinary course of business.
<br /> A�terativns to the ProPerty. �rantor promises t� abstain from the commission of any waste on or in
<br /> connectian with the Property,Further,Grantar sha�l make na material alteratians,additians or imprQvements
<br /> of any type whatsoever ta th�Praperty,regardless of whether such alterations,add�tian�or improvem�nts
<br /> would increase the�alu�of the Froperty,nor permit anyone to do so�xcept for tenant improvements and
<br /> coinp��tion of items pursuant to eppro�ed plans and specifications,without Lender's prior written consent,
<br /> tivhich cansent may be withheld by �,ender in tts sole discretion. �'rrantor will c�mply with all laws and
<br /> reguratians of all publi�authorities having jurisdiction o�er the Praperty includin�,without Zimitation,those
<br /> relating to the use, accupancy and maintenance thereof and shall upan re9uest prarnptly submit to Lender
<br /> e�idence of such complian�e.
<br /> Due on Sa��-Lender's Cansent.Grantor st�all not se�l,further encumher nr oth�rwise dispose of,�xcept as
<br /> herein pTavided, �ny ar all af its interest in an�part of or a]1 of the Property withQut first❑btaining the
<br /> written cansent of Lender. 1f any encumbrance, lien, transfer ar sale or agreement for these is created,
<br /> Lendet may dec�are immediately du�and payable,the entir�balance of the Indebtedness.
<br /> Insurance.Grantor promises io keep the Property insu�ed against�uch risks and in su�h form as may within
<br /> - the sale discretion af Lender be acceptab]e, causing Lender to be named as loss payee or tf re9uested by
<br /> Lend�r, as rnortgagee. 'I'he insUra.nce �arnpany shalI b� chosen �y Grantor sub3ect to Lender's appro�a�,
<br /> which shall not be unreasQnably withhe�d. All insurance palieies must provide that L�nder wiil get a
<br /> miniinum af�0 days notice prior tv cancellation.At Lender's discretian,Grantor ma�be r�quired to produce
<br /> rec�ipts of paid premiums and renewal pa�icies.lf Grantor fai[s to obtain#he re�uired ca�erag�,Lender ma�
<br /> do so at Grant�r's�xp�nse.Grantor h�reby directs each and every insurer of the Property to make pa�ment of
<br /> loss to Lender with the proce�ds to be applie�,on�y at Lender's�ption,tv the repair and repiacement of the
<br /> damage�r loss❑r to be appjied.tv the Indebtedness v�r�th the surplus,if any,to be paid by Lender to Grantor.
<br /> payment of Taxes and Other Appli�abre Charges. Grantor promises to pay and ta dis�harge liens,
<br /> encumbrances,taxes,assessment�,leas�pa�ments and any other�harges relat�ng to the Properry when�evied
<br /> ar assessed against Grantor or the Properly.
<br /> Environmental Laws and �azardous �r Toxi� Mat�rials. Grantor and ever� tenant hav� be�n, are
<br /> presently and shall cantinue ta be in strict compiiance with an� applicable lacal, state and #'edera!
<br /> enviranmental Iaws and i�egulations.Further,nei#her Gr�ntor nor any tenant sha11 manufacture,stare,handle,
<br /> discharge or disp4se of hazardous or toxic maYerials as may be defined by any state or federal law on the
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<br /> C�t'a».ur-ur[rr�,,3t��r's t�til��rt�io�t�i��E�t}�ftill}�.3rtt�[irt�c:lv z��•ith c.•t}virt�r�r�xr,tit+��l�i�vs.
<br /> Financii�l i��Tarm�tii���,�;r�r��c7r agrees to�upply Lender such financial and vther inf�nnatian cancerning its
<br /> affairs .:r i:! t}�e �t���u ti a f�a n v ����ts assets as Lender, from time to time,may reasonab ly r�quest. �'rranior
<br /> Further�����c�s [3� �►��rs��i I.�r�tfc�: to verify accounts as we�l as to insp��t, cvpy and to�xamine the books,
<br /> records i�r�cl iixc;ot'Crr.3r�ti���.
<br /> �3004-^015 Com�li�ner Syuenu,int 391 A-ACOE-Z015.1 Z 2 IQ]b
<br /> Cammerc'�l Re�l Es1a[e Securiry�nstrunxns-��pp7 P�c Z of 5 ►v►vw comnlun;,esyslerns cvm
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