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20100014 <br />Nationals and Blocked Persons List of the. Office of Foreign Assets <br />Control. <br />(j) Borrower agrees to pay all out of pocket fees and expenses (including reasonable <br />legal fees) incurred by Borrower, the Escrow Agent, the Lender and the <br />beneficiaries of the Declazation of Trust in connection with Borrower's or New <br />Borrower's exercise of the Paydown Right and/or the Payup Right. <br />20. Sin le Pu ose Entit /Se arateness. Borrower hereby represents and warrants to, and <br />covenants with, Lender that as of the date hereof and until such time as the Debt shall be <br />paid in full: <br />(a) Borrower does not own and will not own any asset or property other than (i) its <br />interest in the Mortgaged Property, (ii) its interest in the "Mortgaged Property" as <br />such term is defined in that certain other Deed of Trust, Security Agreement, <br />Assignment of Leases and Rents and Fixture Filing of even date herewith (the <br />"Other Securi Instrument") from Borrower far the benefit of Lender (the "Other <br />Mortgaged Pro~erty_"), and (iii) incidental personal property necessary for the <br />ownership or operation of the Mortgaged Property and the Other Mortgaged <br />Property. <br />(b) To the extent its office, if any, is located in the offices of any of its affiliates, <br />Borrower will pay fair mazket rent for its office space located therein and its fair <br />share of any overhead costs with respect thereto. <br />(c) Borrower will not engage in any business other than the acquisition, ownership, <br />management, leasing, financing, operation and sale of the Mortgaged Property, <br />and Borrower will conduct and operate its business as presently conducted and <br />operated. <br />(d) Borrower will not enter into any contract, or agreement with any affiliate of <br />Borrower, any constituent party of Borrower, any guarantor or any affiliate of any <br />constituent party or guarantor, except upon terms and conditions that are <br />intrinsically fair and substantially similar to those that would be available on an <br />arms-length basis with third parties other than any such party. <br />(e) Borrower has not incurred and will not incur any indebtedness, secured or <br />unsecured, direct or indirect, absolute or contingent (including guaranteeing any <br />obligation), other than (i) the Debt or (ii) the "Debt" as such term is defined in the <br />Other Security Instrument, or (iii) unsecured trade payables or accounts payable <br />on account of incidentals ar services supplied or furnished to Borrower which are <br />customarily incurred in the ordinary course of business and generally payable <br />within thirty (30) days, or (iv) obligations to Lessee under the Lease or to other <br />tenants or occupants of the Mortgaged Property and the Other Mortgaged <br />Property. Borrower has not made and will not make any loans or advances to any <br />third party (including any affiliate or constituent party, any guarantor or any <br />affiliate of any constituent party or guarantor), shall not pledge ,its assets for the <br />-33- <br />