2� 17�29�8
<br /> CR�SS CULLATER.ALIZATIUN. It is �he expressed intent af Grantor to cross coltateralize a�l of its
<br /> Indebt�dness and obligations ta Lender, ho�s�ever ar�sing and wh�nsaever �ncurred, �xcep� an� obligatian
<br /> existing or aris�ng against th�principal dwe�li�g�f any Grant�r.
<br /> W TIES, �rantor, for itself, i�s heirs, per�flna� representatives, s�.ccessors, and assigns, represents,
<br /> warran�s,co��nants and agr�es with Lender,its successors and assigns,as follows:
<br /> Performance of �b�igations. �rantor promises to perform all terms, conditians, and covenants of this
<br /> Seeurity Tns�rumen�and Related Do�cumen�s in accordance wi.�h the terms contained�herei�.
<br /> I�efQnse and Title to Property,At the�im�of execut�on and delivery of this ins�rumen�, Grantor is lawfully
<br /> sexsed �f�.he estate hereby conveyed and has the exclus��e r�ght�o mortgage, gran�, con�ey and assign the
<br /> Praperty.Gran�or ca�enants that trie Pr�perty is u.nencumbered and free of a111iens,except for ex�cumbran�es
<br /> of record acceptable to Lender. Further, �rant�r co�renan�s �tha� Grantior wi�l warrant and defend generally
<br /> the title to the Praper�y agains� any and a�1 c�aims and demands wha�s�ever, subj ect to the easements,
<br /> restrict�ons, or o�her encumbrances of recard acc�ptabl� to Lender, as ma�r be �isted �n the schedule of
<br /> excepti�ns ta coverage i� any a�stract of title or �i��e insurance polxcy insuring Lender's i�aterest in the
<br /> Property.
<br /> Cond�tian af Praperty. �rant�r promises a�t a�l tirnes to preserve and �o maintain the Proper�y and every
<br /> part thereof in g�ad repair, warking ard�r, and conditi�n and wi11 froraz�ime �o time, make a�l needful and
<br /> proper repairs so that the value of the Froperty sha11 not in any way be impaared.
<br /> Remaval of any Part of the Property. �rantor promises not to remove any part of the Pr�perty from its
<br /> present location,excep�for replacement,maintenance and relocatinn in the ordinary course of 1�usiness.
<br /> Alteratians to the Property. �`rrant�r promises to abstain fra�n the c�mmiss�on of any waste on or in
<br /> conn�ect�on with the Proper�y.Further,�rantor sha1�make no material alterations,additions or impro�ements
<br /> of any type whats�ever to the Property, regard�es� af whether such alt�rations, additions �r vmproveme�ats
<br /> �vould increase the �a�ue of�he Property, nor permit any�ne to do sa �xce�t far tenan� impr���ments and
<br /> comple�ion of items pursua�.t to appro�ed plans and specif�cations, wi�haut Lender's prior written consent,
<br /> which cansent may be �vithheld by Lender in its so�e discretion, Grantar will comply with all Iaws and
<br /> regulations of al�pub�ic authorities having jurisdiction over the Property including, vvithout limitatzan, those
<br /> relating to the us�, accupancy and main�enance �hereof and sha�l upon request pr�mp�1� submit to Lender
<br /> ev�denc�of such compliance.
<br /> Due on Sale-Lenc�er's�on�ent.Grantor sha�l not sell,fur��er encumber or�therwise dispos��f, except as
<br /> herein pravided, any or al� of its interes� in any part af or a�1 of the Praperty withou� first obtaining �he
<br /> v�ritten consent of Lender. �f any encumbrance, lien, �ransfer or sale or agreemen� for �hese is created,
<br /> Lend�r may declare immediately due and payable,the ent�re balance of the I�.de�tedness,
<br /> Insura�Yce. Grant�r pr�mises to keep the�roperty insured against such ris�s and ixa.such form as may wi�hin
<br /> �he sole discretion of Lender be acceptable, causing Lender to be named as �ass payee or if requested by
<br /> Lender, as mortgagee. The �nsurance c�mpany shall be chosen by �rantor sub�ec� to Lender's approvai,
<br /> �vhich sha�l nat be unreasonab�y withheid. All insurance po��cies must pr�vide that Lender vrrill �et a
<br /> minimum of 14 days notice prior to cance�lation. A�Lenderrs discre�ion,�rantor may be required to pr�duc�
<br /> receipts�f paid pre�m�ums and renewal policies. �f�'`rran�or fails to ohtain�he required coverage,Lender may
<br /> do sa at�rantor's expense.�rrantor hereby directs each an�every�nsurer❑f the Property to mak�payment of
<br /> l�ss to Lender w�t�i the procee�s to be app�ied, anly at Lender's option,ta t�ne re�au and repla�ement of the
<br /> damage ar lass or�o be applied�o the�ndeb�edness vvith the�urplus,if any,to be paid by Lender to Grantor.
<br /> Payment of Taxes and �ther Applicable Charges. �rantor promises to pay and to discharge liens,
<br /> encumbrances,tax�s,assessments,lease payments and any other charg�s relating�o the F.roperty when 1e�ied
<br /> or ass�ssed agains�Grant�r or the Pr�per�y.
<br /> En�ironmental �aws and Hazarc�ous ar Tvxi� Ma�erials. Grantor and every tenant have been, are
<br /> presently and shal� continue ta be in str�ct c�mp�iance with any applicable �oca�, sta�e and federal
<br /> environmenta�laws and regulations. Further,neither Gran�or nor ariy tenant shall man�.facture,s�ore,handle,
<br /> discharge or dispose of hazardous or toxic materials as ma�be defined by any state or federal law fln t�ie
<br /> Pro�aerty, �xcept to �he extent the existence af such rnaterials has been presently discl�sed in writing t�
<br /> Lend�r. �rantor wi�l immediately notif�Lender in writing of any assertior�or claim made by any party a�to
<br /> the possibie violation of applicab�e s�ate and federal �n�ironrnental laws including the Iocation of any
<br /> hazardous or toxi�materials on or about the Property. Grantar indemn�fies and holds Lender harmless from,
<br /> vcrithaut 1im.itation, any liability or expense of whats�e�er na�ure incurr�d d�rectly or indirectly aut of or in
<br /> connection�rith: �a�any en�ir�nmental lau�s affec�ing all or any par�af the�ropert�or Grantar; (b�the past,
<br /> presen� or future existence af any ha�ardous mater3als in, on, under, ab�ut, or emanati.ng from or passing
<br /> thrflugh �he Property or any part thereof or any property �dj acent thereta; �c} any pa�t, present or future
<br /> hazardous activity at or �� c�nnection vvith the Property ar any pa.rt thereof; and �d� the non�orn.pl�ance by
<br /> Grantor ar Grantor's fazlure to comp�y fu.�ly and�imely v�ith en�ironmental lavvs.
<br /> Financial Infvrmation.Crantor agrees to supp�y Lender such financia�and other infarmation concerning its
<br /> affairs and the status �f any of its assets as Lender, from time �to time, may reasonably request. �rantar
<br /> further agrees to permit Lender to �erify accounts as we11 as to in�pect� capy and to exarnin� the books,
<br /> re�ords ancl files of Grantar.
<br /> C�20Q4-2�l5 Complian�e Systems,Inc.3914-D$4$-2015.1 Z.2.1 D36
<br /> Commerciai Real Estate Secui•ity Instrurnent-DL4007 Page 2 af� www.cvmp�iancesystems.cam
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