Laserfiche WebLink
2� 1 ��7977 <br /> � S�ction 3.�3. Na Encumbran�es on Trust Estate. The �'rrantor wxX� not cr�ate, incur, <br /> suffer ar perm�it to e�ist any Lxen an any of the Trust Estate, e�cept for Permitted Encumbrances. <br /> Except for claims gi�ing rise to Pern�.a.tted Encumbrances, the Grantor will prompt�y pay or <br /> dxs�harge any and all�blibatians for or on account af which any such Lxen might exist. <br /> Sect�on 3.�4. Sa1e or Transfer of Trust Estate. The Grantor shall not se��, �ease or <br /> transfer any of the Trust Estate to any person or entity except as permit�ed xn the Lease <br /> I3�cum�nts. <br /> Secti�n 3.�5. Payment of�bligatians. The �"rrantor will, to the e�tent oblxgat�d under <br /> th� Lease Documents andlar this Deed of Trust, duly and punctual.iy pay all amounts due under <br /> the ��ligations, at the dates and places and �n the manner pra��ded in a11 I�ase I]ocuments and <br /> this Deed of Trust, and al.� other sums becoming due hereunder. <br /> Secti�n 3.�6. Preservatian �f Franchxses and Comp�iance with Laws. The �'rrantor <br /> wil� �ake or cause to be taken al� such actian as may from time to txme be necessaxy to obtain, <br /> preserve and renew all franchises, rights af way, easements, permits, and licenses now or <br /> hereafter granted or upan it conferred neces sary to the operat�ons �f the C rantor, and will c�mp�y <br /> in al� materia�respects wxth a111aws, ordinances, regu�atxons, and requirements applicab�e to it or <br /> the Trust Estate. <br /> Sectian 3.�7. Maintenance of Trust Estat�. The Grantor will at al� times masntain and <br /> preser�e the Trust Estate and ea�h and e�ery materiax part and parceX th�reof �n good repair, <br /> working order and conditxon, ordinary wear and tear excepted, and �n material compliance wxth <br /> a1� appl�cab�e �aws, �rdinan�es, regulations, and requirements, and w�ll from t�m.e to time make <br /> a�� needed and pr�per repairs, ren�wals, and repiacements, and usefu� and proper al.terations, <br /> additions, betterments and impro�ements, and wi�1, subject to cont�ngencies beyond �ts <br /> reas�nable contral, at a�l times ke�p i�s pXan� and propertr�s in continuous aperating condition <br /> and us� all reasonable diligence to furnish the cansumers served by it through the Trust Estate, ar <br /> any part thereof, w�th adequate servxces furnished by the Cran�or. <br /> Sectxon 3.��. Insurance; Restorat�on af Damaged Trust Estate. The Crrantor wx�� <br /> ma.xnta�.n insurance as requ�red by the Lease D�cuments. In the event of damage to or the <br /> destructx�n ar Iass of any portxan af the Trust Estate, unless the Benefxcxary sha�X otherwxs� <br /> agree, the Grantor sha�l replace or restore such damag�d, destroyed or �ast port�on so that �he <br /> Trust Estate shal.� be in substan�xal�y the same c�nd.Ytion as it was �n priar to su�h damag�, <br /> destruction or loss. Pravlded na Potential Defauit or E�ent of DefauXt then e�xsts, the <br /> Benefxcxary sha11 pro�ide to the Grantor any insurance proceeds recex�ed by the Beneficxary <br /> u�on such reasonable terms and cond�tions as the Benef�ciary may requir� to ensure that such <br /> proceeds are used for the forego�ng purp�se and that such required repiacement ar restarat�an <br /> w��l be completed. The �rantor shal.� r�place �he lost portion of the Trust Estate or shall <br /> commence such restoration prompt�y after such damage, destru�tion or loss shall have occurred <br /> and sha1� complete such replacement or restorati�n as exp�ditxously as practicabX�, and sha11 pay <br /> or cause to be paid, �ut of the proceeds of such�nsurance or otherwxse, a11 casts and expenses in <br /> 0o r-00�5�61-000 5 <br /> F�L NE�1U9 <br />