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2 0��04912 <br />condition or requirement imposed by any federal, state, or local governmental body, or insurance or surety <br />company), as any of the same now exists or may be changed or amended or come into effect in the future; and (ii) <br />the term "Law" means any federal, state or local law, statute, ordinance, code, rule, regularion, license, permit, <br />authorization, decision, order, injunction or decree, domestic or foreign. <br />(h) Maintenance; Repair and Restoration. Trustor will keep the Mortgaged Property in good order, <br />repair, operation condition and appearance, causing all necessary repairs, renewals, replacements, additions and <br />improvements to be promptly made, and will not allow any of the Mortgaged Property to be misused, abused or <br />wasted or to deteriora,te. Trustor will not, without the prior written consent of Beneficiary, (i) remove from the <br />Mortgaged Property any fixtures or personal properiy covered by this Deed of Trust except such as is replaced by <br />Trustor by an article of equal suitability and value, owned by Trustor, free and clear of any lien or security interest <br />(except that created by this Deed of Trust), or (ii) make any structural alteration to the Mortgaged Property or any <br />other alteration thereto which impairs the value thereof. Trustor may remove items from the Mortgaged Property <br />without the consent of Beneficiary which aze wom out, undesirable, obsolete, disused or unnecessary for use in the <br />operation of the Mortgaged Property and which are not of material value relative to the value of the Mortgaged <br />Properiy. If any act or occurrence of any kind or nature (including any condemnation or any casualty for which <br />insurance was not obtained or obtainable) shall result in damage to or loss or destruction of the Mortgaged Property, <br />Trustor shall give prompt notice thereof to Beneficiary and Trustor shall promptly, at Trustor's sole cost and expense <br />and regardless of whether insurance or condemnation proceeds (if any) shall be available or sufficient for the <br />purpose, commence and continue diligently to completion to restore, repair, replace and rebuild the Mortgaged <br />Properiy as nearly as possible to its value, condirion and character immediately prior to the damage, loss or <br />destruction. <br />(i) No Other Liens. Trustor will not, without the prior written consent of Beneficiary, create, place or <br />permit to be created or placed, or through any act or failure to act, acquiesce in the placing of, or allow to remain, <br />any mortgage, voluntary or involuntary lien, whether statutory or contractual, security interest, encumbrance or <br />charge, or conditional sale or other title retention document, against or covering the Mortgaged Properiy, or any part <br />thereof, other than the Permitted Encumbrances, regardless of whether the same are expressly or otherwise <br />subordinate to the lien or secwity interest created in this Deed of Trust, and should any of the foregoing become <br />attached hereafter in any manner to any part of the Mortgaged Property without the prior written consent of the <br />Beneficiary, Trustor will cause the same to be pmmptly discharged and released. Trustor will own all parts of the <br />Mortgaged Property and, except as permitted by the Loan Agreement, will not acquire any fixtures, equipment or <br />other property forming a part of the Mortgaged Property pursuant to a lease, license, security agreement or similar <br />agreement, where by any party has or may obtain the right to repossess or remove same, without the prior written <br />consent of Beneficiary. <br />(j) Operation of Mortgaged Property. Trustor will operate the Mortgaged Property in a good and <br />workmanlike manner and will pay all fees or charges of any kind in connection therewith. Trustor will keep the <br />Mortgaged Properiy occupied so as not to impair the insurance catried thereon. Trustor will not use or occupy or <br />conduct any activity on, or allow the use or occupancy of or the conduct of any activity on, the Mortgaged Properiy <br />in any manner which makes void, voidable or cancelable, or increases the premium of, any insurance then in force <br />with respect thereto. Trustor will not initiate or permit any zoning reclassification of the Mortgaged Property or seek <br />any variance under existing zoning ordinances applicable to the Mortgaged Properiy or use or permit the use of the <br />Mortgaged Property in such a manner which would result in such use becoming a nonconforming use under <br />applicable zoning ordinances or any other Lega1 Requirement. Except to the extent permitted by the Credit <br />Documents and except for Permitted Encumbrances, Trustor will not impose any easement, restrictive covenant or <br />encumbrance upon the Mortgaged Property, execute or file any subdivision plat or condominium declaration <br />affecting the Mortgaged Property or consent to the annexation of the Mortgaged Property to any municipality, <br />without the prior written consent of Beneficiary. Trustor will not do or suffer to be done any act whereby the value <br />of any part of the Mortgaged Property may be lessened in any material respect. Trustor will preserve, protect, renew, <br />extend and retain all material rights and privileges graz►ted for or applicable to the Mortgaged Properiy. There sha11 <br />be no extraction, removal or production of any sand and gravel from the surface or subsurface of the Land regardless <br />of the depth thereof or the method of mining or extraction thereof without the prior written consent of Beneficiary. <br />Trustor will cause all debts and liabilities of any character (including without limitation all debts and liabilities for <br />labor, material and equipment and a11 debts and charges for utilities servicing the Mortgaged Property) incurred in <br />the construction, maintenance, operation and development of the Mortgaged Property to be promptly paid. <br />DOCS/1045495.1 ( <br />