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200804918 1.2 Continuine: Obligation. Mortgagor further warrants and represents that all statements. made hereunder are true and correct and that all financial statements, data and other information provided to Mortgagee by Mortgagor relating to or provided in connection with this transaction have not and do not contain any statement which, at the time and in the light of the circumstances under which it was made, would be false or misleading with respect to any material fact, or would omit any material fact necessary in order to make any such statement contained therein not false or misleading in any material respect, and since such statement, data or information was provided there has been no material change thereto or to the condition of Mortgagor. Should Mortgagor subsequently obtain knowledge that such representation was or is untrue, Mortgagor shall immediately notify Mortgagee as to the untrue nature of said representation and agrees to take action as may be necessary to cause such representation to become true. 2. COVENANTS AND AGREEMENTS Mortgagor covenants and agrees for the benefit of Mortgagee, its successors and assigns, as follows: 2.1 Payment of Indebtedness: Observance of Covenants. Mortgagor will duly and punctually pay each and every installment of principal, premium, if any, and interest on the Note and all other amounts due under the Loan Documents, Mortgagor will duly and punctually pay all deposits required herein, all payments owing pursuant to the terms and conditions of the Permitted Encumbrances, and all other Indebtedness, as and when the same shall become due, and shall duly and punctually perform and observe all of the covenants, agreements and provisions contained herein, and any other Loan Documents to which it is a party, as any such instrument may be amended, modified, restated and in effect from time to time. 2.2 Maintenance: Repairs. Mortgagor agrees that it will keep and maintain the Premises in good repair and operating condition free from any waste or misuse, and will comply with all requirements of law, municipal ordinances and regulations, restrictions and covenants affecting the Premises and their use, and will promptly repair or restore any buildings, improvements or structures now or hereafter on the Premises, which may become damaged or destroyed, to their condition prior to any such damage or destruction. Mortgagor further agrees that without the prior written consent of Mortgagee, it will not remove or expand any improvements on the Premises, erect any new improvements or make any material alterations in any improvements which will alter the basic structure, adversely affect the market value or change the existing architectural character of the Premises, and agrees that any other buildings, structures and improvements now or hereafter constructed on or in the Premises or repairs made to the Premises shall be completed in a good and workmanlike manner, in accordance with all applicable governmental laws, regulations, requirements and permits and in accordance with plans and specifications previously delivered to, and approved in advance and in writing by Mortgagee. Mortgagor agrees not to acquiesce in any rezoning classification, modification or restriction affecting the Premises without the written 7 Doc# 2675364\2