Performance and Observance of Covenants. Borrower will duly perform, observe and comply with all of the affirmative and negative covenants, agreements and obligations to be performed, observed and complied with by Borrower, and all of the other terms and conditions applicable to Borrower, under the terms of the Note and any other Loan Document, as if each such covenant, agreement, obligation, term and condition were expressly set forth herein in full. Without limiting the generality of the foregoing, Borrower will maintain the Property, pay all taxes and other similar charges, obtain, pay and maintain insurance, keep the Property free of Liens, pay the utility charges for the Property, perform alterations and repairs in respect of the Property, cause the Property to comply with all laws and other legal requirements, restore the Property upon any casualty or condemnation, and lease the Property in the ordinary course of business, all in accordance with and subject to all of the applicable terms and conditions of this Security Instrument, the Note and the other Loan Documents.
Appears in 5 contracts
Samples: Deed of Trust, Security Agreement, Financing Statement, Fixture Filing and Assignment of Leases, Rents, and Security Deposits (Shelbourne Properties Ii Inc), Mortgage, Security Agreement, Financing Statement, Fixture Filing and Assignment of Leases, Rents, and Security Deposits (Shelbourne Properties Iii Inc), Deed of Trust, Security Agreement, Financing Statement, Fixture Filing and Assignment of Leases, Rents, and Security Deposits (Shelbourne Properties Ii Inc)
