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[. r l7 I r: l' It 88- 100024 the Default Rate. The provisions of this Section 1.7 or any action taken by Beneficiary pursuant to the provisions of this Section 1. 7 shall not prevent any such failure to observe any covenant contained in thi s Deed of Trust from constituting an Event of Default (as hereinafter defined). r ~ SECTION 1.8 Inspection. !l10rtgagor shall permit Benefi- ciary, by its agents, accountants or attorneys, upon reasonable advance notice, written or oral, except in cases of emergency, to visit and inspect the Premises at such reasonable times as may be requested by Beneficiary. SECTION 1.9 Mortgagor to Maintain Improvements. Mort- gagor shall not commit any waste on the Premises or make any change in the use of the Improvements or Personal Property or use any of the Land for purposes not related to the current use of the Premises without Beneficiary's prior written consent. Mortgagor shall, at all times, maintain the Premises in good operating order, condi ti on and repai l' . Except as otherwi se provided in Section 1.14, the Premises shall not be demolished or altered, nor shall any Personal Property be removed without the prior written consent of Beneficiary, except to the extent permitted in the Loan Agreement. Leases. SECTION 1.10 Mortgagor's Obligations With Respect to 1.10.1 Mortgager shall not without the Beneficia- ry's prior written consent (i) execute any assignment of its interest in the Underlying Lease or any Lease or of the rents or any part thereof from the Premises other than the assignment herein to Beneficiary, (ii) except where the sublessee under any Lease is in default thereunder, terminate or consent to the cancellation or surrender of such Lease, or terminate or consent to cancel the Underlying Lease, (iii) modify any Lease having an unexpired term of two (2) years or more so as to change the unexpired term thereof or so as to decrease the amount of the rents payable thereunder, (iv) accept any prepayments of any installment of rents to become due under any Lease for a period exceeding one month, (v) permit the deferral of or waive or postpone the payment of any rental payment under any Lease, (vi) permit any transfer or assignment of any Lease or the sublease of the property subject to any Lease without the written consent of Beneficiary (except the Beneficiary's prior written consent shall not be required in such instances where the Mortgagor as lessee therein shall not be released), (vii) modify any Lease in any fashion which will impair the value of the Mortgaged Property or the security provided by this Deed of Trust. 1.10.2 Mortgagor shall at all times timely and fai thful1y perform, or cause to be performed, all of the cove- nants, conditions and agreements contained in all Leases and the Underlying Lease to be kept and performed by the Mortgagor there- under and shall at all times do all things necessary to compel -12- r--- L L -.J ~, L,