Common use of Maintenance; Waste Clause in Contracts

Maintenance; Waste. With respect to the Mortgaged Premises, Mortgagor covenants and agrees: (a) to keep the same in good condition and repair; (b) to pay all general and special taxes and assessments and other charges that may be levied or assessed upon or against the same as they become due and payable and to furnish to Mortgagee receipts showing payment of any such taxes and assessments, if demanded; (c) to pay all debts for repair or improvements now existing or hereafter arising which may become liens upon or charges against the Mortgaged Premises; (d) to comply with or cause to be complied with all material requirements of any governmental authority relating to the Mortgaged Premises; (e) pursuant to the terms and conditions of Paragraph 3 below, to promptly repair, restore, replace or rebuild any part of the Mortgaged Premises which may be damaged or destroyed by any casualty whatsoever; and (f) to promptly notify Mortgagee of any damage to the Mortgaged Premises in excess of Fifty Thousand Dollars ($50,000.00). Mortgagor further covenants and agrees that Mortgagor will not: (a) commit or suffer to be committed any waste of or on the Mortgaged Premises; (b) initiate, join in or consent to any change in any private restrictive covenant, zoning ordinance or other public or private restrictions limiting, restricting or defining the uses which may be made of the Mortgaged Premises or any part thereof without the prior written consent of the Mortgagee; or (c) permit any lien or encumbrance of any kind or character to accrue or remain on the Mortgaged Premises or any part thereof other than the lien of this Mortgage.

Maintenance; Waste. With respect to the Mortgaged Premises, Mortgagor covenants and agrees: (a) agrees to keep the same in good condition and repair; (b) to pay all general and special taxes and assessments and other charges that may be levied or assessed upon or against the same as they become due and payable and to furnish to Mortgagee receipts showing payment of any such taxes and assessments, if demanded; (c) to pay all debts for repair or improvements now existing or hereafter arising which may become liens upon or charges against the Mortgaged Premises; (d) to comply with or cause to be complied with all material requirements of any governmental authority relating to the Mortgaged Premises; (e) pursuant to the terms and conditions of Paragraph 3 below, to promptly repair, restore, replace or rebuild any part of the Mortgaged Premises which may be damaged or destroyed by any casualty whatsoeverwhatsoever or which may be affected by any condemnation proceeding or exercise of eminent domain; and (f) to promptly notify Mortgagee of any damage to the Mortgaged Premises in excess of Fifty Thousand One Million Dollars ($50,000.001,000,000.00). Mortgagor further covenants and agrees that Mortgagor will not: (a) not commit or suffer to be committed any waste of or on the Mortgaged txx Xxxxxxged Premises; (b) initiate, join in or consent to any change in any private restrictive covenant, zoning ordinance or other public or private restrictions limiting, restricting limiting or defining the uses which may be made of the Mortgaged Premises or any part thereof without the prior written consent of the Mortgageethereof; or (c) permit any lien or encumbrance of any kind or character to accrue or remain on the Mortgaged Premises or any part thereof other than which might take precedence over the lien of this Mortgage.

Maintenance; Waste. With respect to the Mortgaged Premises, Property the Mortgagor covenants and agreesagrees that the Mortgagor shall: (a) to keep the same in good condition and repair; (b) to pay all general and taxes, special taxes and assessments and other charges that may might be levied or assessed upon or against thereon as the same as they become due and payable and to furnish to the Mortgagee receipts showing payment of any such taxes and assessments, if demanded; (c) to pay all debts for repair or improvements now existing or hereafter arising which may might become liens upon or charges against the Mortgaged Premisesthereon; (d) to comply with or cause to be complied with all material requirements of any governmental authority relating to the Mortgaged Premisesthereto; (e) pursuant to the terms and conditions of Paragraph 3 below, to promptly repair, restore, replace or rebuild any part of the Mortgaged Premises thereof which may might be damaged or destroyed by any casualty whatsoeverwhatsoever or which might be affected by any condemnation proceeding or exercise of eminent domain; and (f) to promptly notify the Mortgagee of any damage to the Mortgaged Premises in excess of Fifty Thousand Dollars ($50,000.00)thereto. The Mortgagor further covenants and agrees that the Mortgagor will shall not: (a) commit or suffer to be committed any waste of or on the Mortgaged PremisesProperty; (b) initiate, join in or consent to any change in any private restrictive covenant, zoning ordinance or other public or private restrictions limiting, restricting restriction limiting or defining the uses which may be made of the Mortgaged Premises Property or any part thereof without the prior written consent of the Mortgageethereof; or (c) permit any lien or encumbrance of any kind or character to accrue or remain on the Mortgaged Premises Property or any part thereof other than the lien of this Mortgagethereof.