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<br /> "' ��`'�����u� SECTION 2.05. �liance with Leqal and Ineurance �
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<br /> gg��r,g. (a? The arantor represent� and warzaato that
<br /> • . .. ,,«- ":4.;� (i) ae ot the date hereot, the Property and the use and operation
<br /> , ��"�•u^ thereo! comply with ail ma►t�rial Legal Aequiremeata and Ineurance
<br /> a.°�� � � � Requirement�; (11) there ie no maiterial �etaul� under any Legal
<br /> • ��:�� •,-�•�'� Requirem�nt or �nsurance Requirementf and (iii) the execution,
<br /> � °' "' delivery and. perfoslnance at thia Deed ot Truot doea not raquire
<br /> . .� N �� -�s:: any coneent the lailure o! which to obtaia would contravene any �F �'-�r ,� ,,�.�, ,
<br /> '�� '� � provieioa ot and conetitute a mnterial detault urider, aay Legal
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<br />?�i . • � RequiremeAt or Inaurance Requiremeat.
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<br /> f •, b � . (b) Subject to 3ection 2.10, the araator ehall
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<br /> - � �. .,��.:_ .:= _: __ promptly perform aud obearve, or cauae to be performed and ---- - .
<br /> � � --�-�� ��� obaerved, it the failure to 0o perfozm and obeerve would have a �@"�' "�"�'
<br /> � ^ ���° • Material Adverse Bftect, (i) all lawe, rulee, regulatioae,
<br /> � ' , ' judgmenta, ordere, pe=mite, licenses, authorizatione and other
<br /> „ requiremeats of and agreemente with all governmente, departmente, —
<br /> � agencies, courte aud officiale, which naw or hereafter ehall be :�;�-
<br /> � . . � applicable to the Truet Property ar any part thereof or any uae �°`� ��r .
<br /> •ti or condit3.on thereof (herein collectively called the "L�Qal c � � �
<br /> ' � A�quir�at�"); (ii) all terme of any insurance policy covering ' ����~�
<br /> • or applicable to the Truet Property or any part thereof, all �''� ��� j
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<br /> •. � � requirementa of the iseuer of any such policy, and all ordere, _ _ -
<br /> ' , '� rulea, regulatione and other requiremente of the Nationai Board ,r.��,:_.�__ �
<br /> • • of Fire Underwritere (or any other body exerciaing aimilar �;�-3-�=
<br /> , functions) applicable to the Truet Praperty or any part thereof ,: : �.�.-�-
<br /> �-� � or any use or condition thereof (herein collectively called the � :¢�
<br /> �=a�uraac� A�qnirm�at�") ; and (iii) all Permite required for any _ _ __ .wy+�
<br /> , � �� conatruction, recanatructiaa, repair, alteration, addition, y - � ��
<br /> �- improvement, maintenance, uee and operation of the Property. �
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<br /> � • , (c) The Giraator ehall promptly notigy the eeneficiary ; . - % .
<br /> of the receipt by the Grantor of any notice of default under any �� ti ��
<br /> . Legal Requirement, Ineurance Requirement or Permit or of the �xJJ '�� . �'- '.
<br /> ° � receipt by the Grantor of any notice of any threatened or actual `
<br /> termination of any Permit or Ineurance Policy and furnish to the Y • -
<br /> . Beaeficiary a copy of such notice of default or termination. ., � �
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<br /> � SECTION 2.06. �THI3 SECTION INTBNTIONALLY LSFT BLANK] . -
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<br /> 8ECTION 2.07. 3ale: Liens. The Grantor shall
<br /> � � ' not sell, aasign, transfer, convey or permit to be aold, � � ��=�—=---
<br /> aseigned, tranaferred, conveyed or otherwiee dfapoQed of, the I " �'�'"''
<br /> � Trust Property or any part thereof or intereat thereia (for the _ _=�-�'� .
<br /> purposea of this Section, a "Traaeler") , and shall noC create, � �� �;�;'�
<br /> � auffer or pennit to be created or ex3at any Lien attaching to the ------�
<br /> Truet Property or any part thereof or interest therein, except � �;;.�';"
<br /> � the Permitted ProperCy Liene or as permitted by the Credit � � �:s'� �;�_�t� ��
<br /> ' Agreement, Qrovided that if the Credit Agreement in egfect at 6
<br /> " , ���,:��� such time prohibits any Tranefer or Lien other than a Permitted � -
<br /> ����� � Property Lien, the Grantox ahall not be entitled to make auch �
<br /> � Traasfer or create or euffer to exfat euch Lien. In the event ef ,
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