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~0~00014~~ <br />Lexington Insurance Company to Lender, and the proceeds of such claim shall be <br />used to prepay the Debt. in full (without Make Whole Premium or other <br />prepayment consideration). <br />7. The Lease. <br />(a) Borrower, by this Security .Instrument and the Assignment has absolutely and <br />unconditionally assigned to Lender, all of Borrower's right, title and interest in <br />the Lease, the Other Leases and the Rents, it being intended by Borrower that <br />such assignment constitutes a present, absolute assignment, subject to the terms <br />and conditions of the Assignment. Borrower represents to Lender that, as of the <br />date hereof, (i) the Lease is in full force and effect, (ii) a true and correct copy of <br />the Lease as amended to the date hereof has been delivered to Lender, (iii) <br />Borrower and, to the best of Borrower's knowledge, Lessee, is not in default <br />under any of the terms, covenants or conditions of the Lease, (iv) Borrower has <br />not delivered to, or received from the Lessee any notice of default under the <br />Lease, and (v) all rents and other sums due and payable under the Lease have <br />been paid in full. <br />(b) Borrower agrees with Lender that Borrower (i) shall observe and perform all the <br />obligations imposed upon the Borrower as lessor under the Lease, keep the Lease <br />in full force and effect and shall not do or permit to be done anything to impair <br />the value of the Lease as a security for the Debt; (ii) shall promptly send copies to <br />Lender of all notices of default which Borrower shall send or receive thereunder; <br />(iii) subject to clause (vii) below, shall enforce all of the terms, covenants and <br />conditions contained in the Lease upon the part of the Lessee thereunder to be <br />observed or performed, short of termination thereof; (iv) shall not execute any <br />other assignment of lessor's interest in the Lease (other than as permitted and in <br />accordance with the terms of paragraph 9 hereof); (v) shall not alter, modify or <br />change the terms of the Lease without the prior written consent of Lender, or <br />cancel or terminate the Lease or accept a surrender thereof or convey or transfer <br />or suffer or permit a conveyance or transfer of the premises demised by the Lease <br />or of any interest therein so as to effect a merger of the estates and rights of, or <br />termination or diminution of the obligations of Lessee thereunder; (vi) shall not <br />waive, consent to, reject, approve or disapprove any material action or inaction <br />requested by Lessee without the prior written consent of Lender, not to be <br />unreasonably withheld, conditioned or delayed, including, without limitation any <br />assignment of or subletting under the Lease (provided, however, that Lender's <br />consent to a subletting or assignment shall not be required if Borrower's consent <br />is not required pursuant to the Lease. and such subletting or assignment is in <br />accordance with the Lease terms); (vii) shall not pursue any remedies under the <br />Lease without the prior written consent of Lender; (viii) upon request of Lender, <br />shall request and use reasonable efforts to obtain an estoppel certificate from <br />Lessee in substantially the form required by the Lease or if not so required, in <br />form and substance reasonably satisfactory to Lender; and (ix) shall execute and <br />deliver at the request of Lender all such further assurances, confirmations and <br />-15- <br />