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<br /> : � ARTICLE II
<br /> ., • ,
<br /> '.. .�: , •, ', . CE1tTAIN WARRANTTE3 AND COVENANT3
<br /> .� .�-� OF THE (3ra�ntor
<br /> " '����� � �� '' SECTION 2.01. Atthora ty and Effectaveneee. (a) The -- —��TL-
<br /> � b..
<br /> X "•,' (3rantor repreeento and warrauite that (i) the Graator ie a
<br /> ,,.•
<br />�`W;� . � _ corporation, duly organized and validiy exieting under the lawe —
<br /> � ot the 3tate ot ite incorporation, and qualified to do bueinees _ _
<br />� �.� � and ia good etanding in the State in which the Property ie
<br /> ��� ��
<br /> ].ocated except where thQ Pailure to qualify to do buainese in the ��_^_^ _ __
<br /> ., - - SCate in which Che Prap�rty ie lo��ted wvulii x��t mate�iall� � -- -
<br /> . . advereely affect the Truet Property, and has all governmeaCal �
<br /> liceneea, authorizatione, consente, apprcvale and other ��=
<br /> �. -��,-�--
<br /> ,. qualifiaatione required to carry on ite bueinesa as now � � -
<br /> - ' conducted� to own the Truet Property and to execute, deliver and __
<br /> �� _ � perfozm thie Deed ot Truet, except wher� the failure to obtaia = - . _
<br /> auch governmental licenees, authorizations, consente, approvals ,Y
<br /> �� and other qualificatione would not materially advereely affect � � ° . �;�- '�
<br /> ' the Txuat Property; (ii) the execution, delivery and performance `�.�'_�_
<br /> ,�'�� .. by the Graator of thie Desd of Truet are within the (3rantor'e �� . ��'���--
<br /> :�,:,:.
<br /> � • corporate power, have been duly authorized by all necessary � t�;�,..,�
<br /> • corporate action, require no action by or in respect of, or ... ., °.:.-.-.
<br /> " filiag with, any governmental bod,y, ageacy or officiai and do not ,.•�;;�� �`:
<br /> , contravene, or conetitute a default under, any provieion of � ::,�
<br /> � � applicable law, of the certificare af incorporation or by-lawa of • �,��,�_, � ;
<br /> the Grantor or of any agreement, judgment, iajunction, arde�, ��;=�^-'".��'-
<br /> ° ' decree or other inetrument binding upoa the Grantor or relating �
<br /> - - to the Praperty ar result in tre creaticn or ��s3t3on of any ' - -�--- =-�
<br /> , �-�:-.,_ -- -,—�
<br /> �.: , �� Lien on any aeset of the Grantar (other than the Lien of this t !:�
<br /> �> ; ° ��,` Mortgage) = and �111) this Deed of Truet conetitutea a 1ega1, ��� ��. �. . ' �
<br /> • � valid, biading and enforceabie agreement of the Grantox. "�,' '�ti��,•;"
<br /> ,' �� `s..k!
<br /> i �,'��• , (b) The Grantor ehall cause the repreaentationa aad �;�;��:��.� " '
<br /> ���=��'��� warrantiea in subeection (a) of this Section to continue to be � ��� ' •
<br /> ' �'����� , true in each and every reepect at all timea prior to the � 1 � � ,��
<br /> ,�::�:;:,r,�� . � , ..�.r:�
<br /> �.: : � �•:� texmination of thie Deed of Trust. ' x-�.
<br /> ,,.� ..��., i.. . , , . ..
<br /> '�I::�;.;�,i�', t .5�."'n:_
<br /> �`." 3ECTION 2.02. '�'�*�p and F'�rther A9sLrances. (a) The � ��_.�-,
<br /> .. ;,..`: ',
<br /> ��"��:�+��:,��'��.���.r Grantor hereby repreeente and warranta to the Trustee, "-�
<br /> '•;5,;.;:";,;� .. '�F�--.
<br /> , _.�., Benegiciary and to the purchaser at any foreclosure eale that: � ---��
<br /> . .��.���
<br /> ' �� � � (i) the Grantor is the owner of the fee aimple ' �� -
<br /> � �;'�.�1.." intereet in the Land and the Improvementa, free from all � � � �'` ,`
<br /> ''�'�,;.i;" .,� Liene, aecurity intereste, Leasea, chargea or encumbrancea ; .�.
<br /> what�oever, except the Permitted Property Liena; � �. • ;"�"z�
<br /> (ii) the Grantor ie the owner of the other Truet
<br /> � .. Property, free and clear of all Liens, except the Permitted
<br /> Property Liens;
<br /> '
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<br /> N�brnt,(nIm 14 �.
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