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2o~oooi47 <br />16. Performance of Other A eements. Borrower shall observe and perform or cause Lessee <br />to observe or perform each and every term to be observed or performed by Borrower. <br />pursuant to the terms of any agreement or recorded instrument affecting or pertaining to <br />the Mortgaged Property, including, without limitation, any reciprocal easement, operating <br />or similar agreement, and if Borrower shall fail to so observe and perform, or cause to be <br />so observed and performed by Lessee, any such terms, Lender and its agents, employees, <br />contractors, engineers, architects and other representatives shall have the right to so <br />observe and perform such terms. <br />17. Further Acts, etc. <br />Borrower will, at the cost of Borrower, and without expense to Lender, do, execute, <br />acknowledge and deliver all and every such further acts, deeds, conveyances, mortgages, <br />assignments, notices of assignment, transfers and assurances as Lender shall, from time <br />to time, reasonably require, for the better assuring, conveying, assigning, transferring, <br />and .confirming unto Lender the property and rights hereby mortgaged, given, granted, <br />bazgained, sold, alienated, enfeoffed, conveyed, confirmed, pledged, assigned and <br />hypothecated or intended now or hereafter so to be, or which Borrower may be or may <br />hereafter become bound to convey or assign to Lender, or for carrying out the intention or <br />facilitating the performance of the terms of this Security Instrument or for filing, <br />registering or recording this Security Instrument. Borrower, on demand, will execute and <br />deliver and hereby authorizes Lender to execute in the name of Borrower or without the <br />signature of Borrower to the extent Lender may lawfully do so, one or more Uniform <br />Commercial Code financing statements, chattel mortgages or other instruments, to <br />evidence more effectively the security interest of Lender in the Mortgaged Property. <br />Borrower grants to Lender an irrevocable power of attorney coupled with an interest for <br />the purpose of exercising and perfecting any and all rights and remedies available to <br />Lender at law and in equity, including, without limitation, such rights and remedies <br />available to Lender pursuant to this paragraph 17; provided, however, that such power of <br />attorney shall only be exercised during the existence of an Event of Default hereunder. <br />18. Recording of Security _Instrument~etc. Borrower forthwith upon the execution and <br />delivery of this Security Instrument and thereafter, from time to time (but only upon <br />request of Lender), will cause this Security Instrument, and any security instrument <br />creating a lien or security interest or evidencing the lien hereof upon the Mortgaged <br />Property and each instrument of further assurance to be filed, registered or recorded in <br />such manner and in such places as may be required by any present or future law in order <br />to publish notice of and fully to protect the lien or security interest hereof upon, and the <br />interest of Lender in, the Mortgaged Property. Borrower will pay all filing, registration <br />or recording fees, and all expenses incident to the prepazation, execution and <br />acknowledgment of this Security Instrument, any mortgage supplemental hereto, any <br />security instrument with respect to the Mortgaged Property and any instrument of further <br />assurance, and all federal, state, county and municipal, taxes, duties, imposts, assessments <br />and chazges arising out of or in connection with the execution and delivery of this <br />Security Instrument, any mortgage supplemental hereto, any security instrument with <br />respect to the Mortgaged Property or any instrument of further assurance, except where <br />prohibited by law so to do. Borrower shall hold harmless and indemnify Lender, its <br />-27- <br />