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` , � , � 99 i;��si3€� between Grantor, Beneficiary and other third parties. (all of the foregoing being collectively referred to herein as the "Secured Indebtedness") then this conveyance shall be null and void and may be cancelled of record at the request and at the cost of Grantor. This Deed, the Note, the Assignment of Rents and Leases, the Loan Agreement, and all other instruments given to evidence or further secure the payment and performance of any obligation secured hereby may hereafter be collectively referred to as the "Loan Instruments". TO PROTECT THE SECURITY OF THIS DEED, GRANTOR HEREBY COVENANTS AND AGREES UNTO BENEFICIARY AS FOLLOWS: ARTICLE I. COVENANTS AND AGREEMENTS OF GRANTOR 1. 1 Payment of Secured Indebtedness. To pay when due the Secured Indebtedness with interest thereon as provided in the Note and this Deed. 1.2 Maintenance, Operation, Repair, Alterations. To keep the Premises in good condition and repair; not to remove, demolish or substantially alter (except such alterations as may be required by laws, ordinances or regulations) any of the Improvements; to complete promptly and in good and workmanlike manner any building or other improvement which may be constructed on the Property and promptly restore in like manner any Improvement which may be damaged or destroyed thereon, and to pay when due all claims for labor performed and materials furnished therefor; to comply with all laws, ordinances, regulations, covenants, conditions and restrictions now or hereafter affecting the Premises or any part thereof or requiring any alterations or improvements; not to use, occupy or conduct any activity or suffer or permit the use, occupancy or conduct by any tenant of the Premises in violation of any laws, ordinances or regulations or which would constitute a public or private nuisance or increase the premium of any insurance then in force with respect thereto; not to initiate or suffer to permit any zoning reclassification of the Premises or seek any variance thereof; not to commit or permit any waste or deterioration of the Premises; to keep and maintain abutting grounds, sidewalks, roads, parking and landscape areas in good and neat order and repair; not to take any action or omit to take any action which would cause any easement herein conveyed to be terminated; and not to file any subdivision plat or condominium declaration affecting the Premises or consent to the annexation of the Premises into any municipality. 1. 3 Required Insurance. At all times to provide, maintain and keep in force the following policies of insurance: (a) Insurance against loss or damage to the Improvements by fire, earthquake and any of the risks cove.red by insurance of the type now known as "all risks of physical loss" , in an amount not less than the original amount of the Note or the full replacement cost of the Improvements (exclusive of the cost of excavations, foundations, and footings below the lowest basement floor) , whichever is greater; and with not more than $1, 000 deductible from the loss payable for any casualty. The policies of insurance carried in accordance with this subparagraph (a) shall contain the "Replacement Cost Endorsement" ; (b) If requested by Beneficiary, business interruption insurance and/or loss of "rental value" insurance in such amounts as are reasonably satisfactory to Beneficiary; -4-