Common use of OBLIGATIONS OF TRUSTOR Clause in Contracts

OBLIGATIONS OF TRUSTOR. Trustor will pay the Indebtedness and ---------------------- Trustor will continue to be liable for the payment of the Indebtedness until it has been paid in full. Trustor: (a) will timely perform all the covenants, agreements, terms, and conditions to be performed by Trustor: (1) under this Deed of Trust; (2) as seller under each contract of sale of, and as lessor under each lease of, for any portion of the Property for which a contract of sale or lease has been approved in writing by Beneficiary; (3) as required of Trustor under each document and agreement constituting one of the Security Documents; (4) under all other agreements between Trustor and Beneficiary in accordance with the respective terms of the agreement; and (5) as required of Trustor under all other agreements to which Trustor is a party with respect to the Property; (b) will not cancel, surrender, modify, amend, or permit the cancellation, surrender, modification, or amendment of any of the previously mentioned agreements or any of the covenants, agreements, terms, or conditions contained in any of them without the prior written consent, in each case, of Beneficiary; and (c) will keep Beneficiary indemnified against all actions, proceedings, costs (including, without limitation, Beneficiary's counsel fees and disbursements), claims, and damages incurred or sustained by Beneficiary in respect of the nonpayment of any charges or the nonobservance or nonperformance of any of the covenants, agreements, terms, or conditions in any of the previously mentioned agreements.

OBLIGATIONS OF TRUSTOR. Trustor will pay the Indebtedness and ---------------------- Trustor will continue to be liable for the payment of the Indebtedness until it has been paid in full. Trustor: (a) will timely perform all the covenants, agreements, terms, and conditions to be performed by Trustor: (1i) under this Deed of Trust; (2ii) as seller under each contract of sale of, and as lessor under each lease of, for any portion of the Property for which a contract of sale or lease has been approved in writing by Beneficiary; (3iii) as required of Trustor under each document and agreement constituting one of the Security Documents; (4iv) under all other agreements between Trustor and Beneficiary in accordance with the respective terms of the agreement; and (5v) as required of Trustor under all other agreements to which Trustor is a party with respect to the Property; (b) will not cancel, surrender, modify, amend, or permit the cancellation, surrender, modification, or amendment of any of the previously mentioned agreements or any of the covenants, agreements, terms, or conditions contained in any of them without the prior written consent, in each case, of Beneficiary, except with respect to leases handled in the ordinary course of business; and (c) will keep Beneficiary indemnified against all actions, proceedings, costs (including, without limitation, Beneficiary's reasonable counsel fees and disbursements), claims, and damages incurred or sustained by Beneficiary in respect of the nonpayment of any charges or the nonobservance or nonperformance of any of the covenants, agreements, terms, or conditions in any of the previously mentioned agreements.