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2oiooo751 year, and pay the premium or premiums therefor, and Mortgagor shall pay to Agent, within three (3) Business Days of demand, such premium or premiums so paid by Agent with interest from the time of payment at the interest rate as set forth in the Credit Agreements. (e) if the Mortgaged Property, or any part thereof, shall be destroyed or damaged and the reasonably estimated cost thereof would exceed $,] 00,000, Mortgagor shall give prompt notice thereof to Agent. All insurance proceeds paid or payable in connection with any damage or casualty to the Mortgaged Property shall be applied in the manner specified in the Credit Agreements. (f) In the event of foreclosure of this Deed of Trust or other transfer of title tc the Mortgaged Property, all right, title and interest of Mortgagor in and to any insurance policies then in force shall pass to the Agent or its designee, or to the purchaser or grantee, as applicable. (g) The provisions of this section shall be deemed to supplement, and not conflict with, the teens and provisions of the Credit Agreements relating to insurance. 6. Restrictions• Ne ative Covenants. (a) Except as may be expressly provided for in the Credit Agreements and except far the lien of this Deed of Trust and the Permitted Liens, Mortgagor shall not further mortgage, nor otherwise encumber the Mortgaged Property or create or suffer to exist any lien, charge or encumbrance on the Mortgaged Property, or any part thereof, whether superior or subordinate to the lien of this Deed of Trust and whether recourse or non-recourse. (b) Alterations., Mortgagor shall notify Agent, in writing and in advance, with respect to all proposed alterations,,impravements or additions to the Mortgaged Property which are of a material nature, and Mortgagor shall not effect any material alteration, improvement or addition to the Mortgaged Property exceeding $100,000 without the prior written consent of Agent in each instance. Without limiting the definition of the phrase "material alteration, improvement or addition", any change affecting the structure or use of an Improvement, or materially restricting the access thereto, shall be deemed a "material alteration, improvement ar addition". (c) Additional Negative Covenants. Al] negative covenants made by Mortgagor in Article 9 of the NEC Credit Agxeement are incorporated herein by reference and are hereby made by Mortgagor as to itself and the Mortgaged Property as though such negative covenants were set forth at length herein as the negative covenants of Mortgagor. 7. Transfer Restrictions. Except as may be expressly permitted by the Credit Agreements, Mortgagor shall not sell, transfer, convey or assign all or any portion of, or any interest in, the Mortgaged Property. 8. Condemnatian/Eminem Domain Proceeds• Casualt Losses, Immediately upon obtaining knowledge of the institution of any proceedings for the condemnation of all or any portion of the Premises, Mortgagor will notify Agent of the pendency of such proceedings. All awards and proceeds relating to such condemnation shall be treated similar to those from any transaction, or series of related transactions, pursuant to which any Person or any of its 7 LIBD/1907386.1