Independence of Security Sample Clauses

Independence of Security. Grantor shall not by act or omission permit any building or other improvement on any premises not subject to the lien of this Deed of Trust to rely on the Security or any part thereof or any interest therein to fulfill any municipal or governmental requirement, and Grantor hereby assigns to Beneficiary any and all rights to give consent for all or any portion of the Security or any interest therein to be so used. Similarly, no part of the Security shall rely on any premises not subject to the lien of this Deed of Trust or any interest therein to fulfill any governmental or municipal requirement. Grantor shall not by act or omission impair the integrity of the Real Property as one or more complete subdivided parcels of land bearing the same zoning classification, and as one or more complete tax parcels separate and apart from all other premises. Any act or omission by Grantor, which would result in a violation of any of the provisions of this Section, shall be void.

Independence of Security. Except as may exist pursuant to easements and agreements existing as of the date hereof which have been disclosed to Mortgagee, Trustor shall not by act or omission permit any building or other improvement on any premises not subject to the Deed of Trust to rely on the Property or any part thereof or any interest therein to fulfill any municipal or governmental requirement, and Trustor hereby assigns to Beneficiary any and all rights to give consent for all or any portion of the Property to rely on any premises not subject to the Deed of Trust or any interest therein to fulfill any municipal or governmental requirement. Trustor shall not by act or omission impair the integrity of the Property as a single zoning lot, and as one or more complete tax parcels, separate and apart from all other premises. Any act or omission by Trustor which would result in a violation of any of the provisions of this SECTION 8.18 shall be void.

Independence of Security. Except as may exist pursuant to easements and agreements existing as of the date hereof which have been disclosed to Mortgagee, Mortgagor shall not by act or omission permit any building or other improvement on any premises not subject to the lien of this Mortgage to rely on the Property or any part thereof or any interest therein to fulfill any municipal or governmental requirement, and Mortgagor hereby assigns to Mortgagee any and all rights to give consent for all or any portion of the Property to rely on any premises not subject to the lien of this Mortgage or any interest therein to fulfill any municipal or governmental requirement. Mortgagor shall not by act or omission impair the integrity of the Property as a single zoning lot, and as one or more complete tax parcels, separate and apart from all other premises. Any act or omission by Mortgagor which would result in a violation of any of the provisions of this SECTION 7.18 shall be void.

Independence of Security. Grantor shall not by act or omission permit any building or other improvement on any premises not subject to the lien of this Security Instrument to rely on the Project or any part thereof or any interest therein to fulfill any municipal or governmental requirement, and Grantor hereby assigns to Beneficiary any and all rights to give consent for all or any portion of the Project to rely on any premises not subject to the lien of this Security Instrument or any interest therein to fulfill any municipal or governmental requirement. Grantor shall not by act or omission impair the integrity of the Project as a single zoning lot, and as one or more complete tax parcels, separate and apart from all other premises. Any act or omission by Grantor which would result in a violation of any of the provisions of this Section 7.21 shall be void.

Independence of Security. Trustor shall not by act or omission permit any building or other improvement on premises not subject to the lien of this Deed of Trust to rely on the Security or any part thereof or any interest therein to fulfill any municipal or governmental requirement, and Trustor hereby assigns to Beneficiary any and all rights to give consent for all or any portion of the Security or any interest therein to be so used. Similarly, no part of the Security shall rely on any premises not subject to the lien of this Deed of Trust or any interest therein to fulfill any governmental or municipal requirement. Trustor shall not by act or omission impair the integrity of the Security as a single zoning lot, and as one or more complete tax parcels, separate and apart from all other premises. Any act or omission by Trustor which would result in a violation of any of the provisions of this Section shall be void. Trustor shall, if it has not already been accomplished, obtain a separation of the Real Property from all other adjacent lands, and the same shall be promptly accomplished, and evidenced in the appropriate public records. In any event, if such separation is not accomplished and evidenced on the completed assessment roll of the Denver County Assessor for the tax year 1996 as and when such assessment roll is submitted by the Assessor to the Clerk of the Board of Supervisors of said County, then Beneficiary may at its option, with or without notice, declare all sums secured by this Deed of Trust to be immediately due and payable and avail itself of any and all remedies provided for herein upon the occurrence of an Event of Default; and further, Beneficiary may at its option, in addition or in the alternative to the above, should Trustor fail to pay the same before they become delinquent, advance the necessary monies to pay all taxes, assessments, and other charges levied or assessed on or against the Real Property and any other parcel or parcels adjacent thereto, whether or not such other adjacent parcels be otherwise part of or subject to the terms and conditions of this Deed of Trust, and all such monies so advanced shall be secured by the lien of this Deed of Trust and shall be subject to the same terms and conditions as provided herein.