Common use of Waste; Alteration of Improvements Clause in Contracts

Waste; Alteration of Improvements. Grantor shall not commit, suffer or permit any waste on the Property nor take any actions that might invalidate any insurance carried on the Property. Grantor shall maintain the Property in good condition and repair. No part of the Improvements may be removed, demolished or materially altered, without the prior written consent of Grantee. Without the prior written consent of Grantee, Grantor shall not commence construction of any improvements on the Real Estate other than improvements required for the maintenance or repair of the Property.

Waste; Alteration of Improvements. Grantor shall not commit, suffer or permit any waste on the Property nor take any actions that might invalidate any insurance carried on the Property. Grantor shall maintain the Property in good condition .condition and repair. No part of the Improvements may be removed, demolished or materially altered, without the prior written consent of GranteeBeneficiary. Without the prior written consent of GranteeBeneficiary, Grantor shall not commence construction of any improvements on the Real Estate Land other than improvements required for the maintenance or repair of the Property.. 24

Waste; Alteration of Improvements. Grantor shall not commit, suffer --------------------------------- or permit any waste on the Property nor take any actions that might invalidate any insurance carried on the Property. Grantor shall maintain the Property in good condition and repair. No part of the Improvements may be removed, demolished or materially altered, without the prior written consent of GranteeBeneficiary. Without the prior written consent of GranteeBeneficiary, Grantor shall not commence DEED OF TRUST AND SECURITY AGREEMENT - Page 26 construction of any improvements on the Real Estate Land other than improvements required for the maintenance or repair of the Property.