10 qt
<br />request; and, Gtantor's expense, take such action as may be <a;
<br />required, to effect' such subordination. Conversely, Grantor will,
<br />At Beneficiaj*s request and Grantor's expense, take such action
<br />as may be necessary to subordinate the lien '.hereof to any future
<br />Secondary Lea" - designated by Beneficiary.
<br />•4.15 Inventories; assembly of Chattels. Grantor will,
<br />u.
<br />from tike to'. ti **, at the request of eenaficiary, supply
<br />1Beh : riwry with :i t`or�e�aht in nttsry cif the Ctcat als rand tb*
<br />ins "bie •
<br />Pore a xtiy detail as Beneficiary may
<br />t a'~f ny Event of Default.
<br />hereunder,.
<br />4-rast'dr Vi 1 ateici`?' eat assemble the Chattels and
<br />aak+thee avail
<br />att' to 8eis y at any place designated by
<br />t'. 'n�renient to both parties.
<br />Ben iary which a "' + reason343y pa
<br />Grant :r i :, xecute aztd ;° wiroet-,to Benef iciary upon demand, and
<br />.
<br />PA y. +jia' costs . of.iatet r ."tcording thereof,
<br />any further ,
<br />docu its Which Bkn U`diary may west to confira or
<br />perfect the
<br />i,ierei ,and security interests cr i �__ sd or intended to
<br />be created
<br />hereby; or., t4d confirm or perfect any evidence of
<br />the Secured'
<br />Obligations::' Grantor will also, within ten. days
<br />after any,
<br />refit O 't by Beneficiary, deliver to' Beneficiary a
<br />signed and
<br />ackhsiledged statement certifying to Beneficiary,
<br />or to any
<br />prop' `:,.t ansferee of the .Secured Obligations, (a)
<br />the balance
<br />pr n ; p il„ interest, and,'.tither sums then outstanding under the .
<br />Notes, :; mr,'atny of them, and (6) whether Grantor. claims
<br />to have any
<br />offsets or` defenses with respect ° „tio the Secured Obligations and,
<br />if the stature of such offset's.:: defenses.
<br />ARTICLE V
<br />IS NEGATIVE
<br />r
<br />S -1 Waste and Alterations. Grantor will not commit or
<br />permit any waste with respect to the Property or the Chattels.
<br />Grantor shall not cause or per*i't any part of the Propert•,
<br />including but not limited to anit - building, structure,. parking
<br />lot, driveway, landscape scheme, timbor, ar other ground improve-
<br />m*nt,.to be removed, demolished, or 41terially altered without
<br />the prior written consent of Bene "Ctar•�,,,. which consent shall not
<br />be utrsasonably withheld.
<br />S�.2:- • Zoning and Private Cavi"Ats. Grantor will not
<br />initiate, ;min in, or consent to. any. c6nge in any zoning ordi-
<br />nance or classification, any chang* in the "zone lot" or "zone
<br />lots' (or sLmilar tgning unit or,,,units) , presently comprising the
<br />Property, any transfer of :rlevel*Varent ricghts# any change in any
<br />private restrictive covtftnt, or any change in any other public
<br />or private restriction Wilting ar,,;4efin1ng the uses which may be
<br />-is-,
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