Common use of Preservation and Maintenance of Property Clause in Contracts

Preservation and Maintenance of Property. Trustor shall hire competent and responsive property managers who shall be reasonably acceptable to Beneficiary. Trustor or its property manager, if applicable shall keep the Property and every part thereof in good condition and repair, in accordance with sound property management practices and shall promptly and faithfully comply with and obey all laws, ordinances, rules, regulations, requirements and orders of every duly constituted governmental authority or agent having jurisdiction with respect to the Property. Trustor shall not permit or commit any waste, impairment, or deterioration of the Property, nor commit, suffer or permit any act upon or use of the Property in violation of law 15 19 or applicable order of any governmental authority, whether now existing or hereafter enacted, or in violation of any covenants, conditions or restrictions affecting the Property or bring or keep any article in the Property or cause or permit any condition to exist thereon which would be prohibited by or invalidate the insurance coverage required to be maintained hereunder. Trustor shall not make any material structural changes or alterations to the Property nor remove or demolish the Improvements or any portion thereof without the prior written consent of Beneficiary. Trustor shall promptly restore any portion of the Property which may be damaged or destroyed. Trustor shall promptly bond or discharge any mechanics' liens against the Property. Unless required by applicable law or unless Beneficiary has otherwise first agreed in writing, Trustor shall not make or allow any changes which will adversely affect the value of the Property to be made in the nature of the occupancy or use of the Property or any part thereof for which the Property or such part was intended at the time this Deed of Trust was delivered. Trustor shall not initiate or acquiesce in any change which will adversely affect the value of the Property in any zoning or other land use classification now or hereafter in effect and affecting the Property or any part thereof without in each case obtaining Beneficiary's prior written consent thereto.

Preservation and Maintenance of Property. Trustor Mortgagor shall hire competent and responsive property managers who shall be reasonably acceptable to BeneficiaryMortgagee. Trustor Mortgagor or its property manager, if applicable shall keep the Property and every part thereof in good condition and repair, in accordance with sound property management practices and shall promptly and faithfully comply with and obey all laws, ordinances, rules, regulations, requirements and orders of every duly constituted governmental authority or agent having jurisdiction with respect to the Property. Trustor Mortgagor shall not permit or commit any waste, impairment, or deterioration of the Property, nor commit, suffer or permit any act upon or use of the Property in violation of law 15 19 or applicable order of any governmental authority, whether now existing or hereafter enacted, or in violation of any covenants, conditions or restrictions affecting the Property or bring or keep any article in the Property or cause or permit any condition to exist thereon which would be prohibited by or invalidate the insurance coverage required to be maintained hereunder. Trustor Mortgagor shall not make any material structural changes or alterations to the Property nor remove or demolish the Improvements or any portion thereof without the prior written consent of BeneficiaryMortgagee. Trustor Mortgagor shall promptly restore any portion of the Property which may be damaged or destroyed. Trustor Mortgagor shall promptly bond or discharge any mechanics' liens against the Property. Unless required by applicable law or unless Beneficiary Mortgagee has otherwise first agreed in writing, Trustor . Mortgagor shall not make or allow any changes which will adversely affect the value of the Property to be made in the nature of the occupancy or use of the Property or any part thereof for which the Property or such part was intended at the time this Deed of Trust Mortgage was delivered. Trustor Mortgagor shall not initiate or acquiesce in any change which will adversely affect the value of the Property in any zoning or other land use classification now or hereafter in effect and affecting the Property or any part thereof without in each case obtaining BeneficiaryMortgagee's prior written consent thereto.

Preservation and Maintenance of Property. Trustor shall hire competent and responsive property managers who shall be reasonably acceptable to Beneficiary. Trustor or its property manager, if applicable shall keep the Property and every part thereof in good condition and repair, in accordance with sound property management practices and shall promptly and faithfully comply with and obey all laws, ordinances, rules, regulations, requirements and orders of every duly constituted governmental authority or agent having jurisdiction with respect to the Property. Trustor shall not permit or commit any waste, impairment, or deterioration of the Property, nor commit, suffer or permit any act upon or use of the Property in violation of law 15 19 or applicable order of any governmental authority, whether now existing or hereafter enacted, or in violation of any covenants, conditions or restrictions affecting the Property or bring or keep any article in the Property or cause or permit any condition to exist thereon which would be prohibited by or invalidate the insurance coverage required to be maintained hereunder. Trustor shall not make any material structural changes or alterations to the Property nor remove or demolish the Improvements or any portion thereof without the prior written consent of Beneficiary. Trustor shall promptly restore any portion of the Property which may be damaged or destroyed. Trustor shall promptly bond or discharge any mechanics' ’ liens against the Property. Unless required by applicable law or unless Beneficiary has otherwise first agreed in writing, Trustor shall not make or allow any changes which will adversely affect the value of the Property to be made in the nature of the occupancy or use of the Property or any part thereof for which the Property or such part was intended at the time this Deed of Trust was delivered. Trustor shall not initiate or acquiesce in any change which will adversely affect the value of the Property in any zoning or other land use classification now or hereafter in effect and affecting the Property or any part thereof without in each case obtaining Beneficiary's ’s prior written consent thereto.

Preservation and Maintenance of Property. Trustor Mortgagor shall hire competent and responsive responsible property managers who shall be reasonably acceptable to BeneficiaryMortgagee. Trustor or Mortgagor, at its property managersole cost and expense, if applicable shall keep the Property and every part thereof in good condition and repair, in accordance with sound and prudent property management practices practices, and shall promptly and faithfully comply with and obey all laws, ordinances, rules, regulations, requirements and orders of every duly constituted governmental authority or agent having jurisdiction with respect to the Property. Trustor All repairs, replacements and renewals shall be at least equal in quality to the original Improvements. Mortgagor shall not permit or commit any waste, impairment, or deterioration of the Property, nor commit, suffer or permit any act upon or use of the Property in violation of law 15 19 or applicable order of any governmental authority, whether now existing or hereafter enacted, or in violation of any covenants, conditions or restrictions affecting the Property or bring or keep any article in the Property or cause or permit any condition to exist thereon which would be prohibited by or invalidate the insurance coverage required to be maintained hereunder. Trustor shall not make any material structural changes or alterations to the Property nor remove or demolish the Improvements or any portion thereof without the prior written consent of Beneficiary. Trustor shall promptly restore any portion of the Property which may be damaged or destroyed. Trustor Mortgagor shall promptly bond or discharge any mechanics' ’ liens against the Property. Unless required by applicable law or unless Beneficiary Mortgagee has otherwise first agreed in writing, Trustor . Mortgagor shall not make or allow any changes which will adversely affect the value of the Property to be made in the nature of the occupancy or use of the Property or any part thereof for which the Property or such part was intended at the time this Deed of Trust Mortgage was delivered. Trustor Mortgagor shall not initiate or acquiesce in any change which will adversely affect the value of the Property in any zoning or other land use classification now or hereafter in effect and affecting the Property or any part thereof without in each case obtaining Beneficiary's Mortgagee’s prior written consent thereto.

Preservation and Maintenance of Property. Trustor Mortgagor shall hire competent and responsive property managers who shall be reasonably acceptable to BeneficiaryMortgagee. Trustor Mortgagor or its property manager, if applicable shall keep the Property and every part thereof in good condition and repair, in accordance with sound property management practices and shall promptly and faithfully comply with and obey all laws, ordinances, rules, regulations, requirements and and, orders of every duly constituted governmental authority or agent having jurisdiction with respect to the Property. Trustor Mortgagor shall not permit or commit any waste, impairment, or deterioration of the Property, nor commit, suffer or permit any act upon or use of the Property in violation of law 15 19 or applicable order of any governmental authority, whether now existing or hereafter enacted, or in violation of any covenants, conditions or restrictions affecting the Property or bring or keep any article in the Property or cause or permit any condition to exist thereon which would be prohibited by or invalidate the insurance coverage required to be maintained hereunder. Trustor Mortgagor shall not make any material structural changes or alterations to the Property nor remove or demolish the Improvements or any portion thereof without the prior written consent of BeneficiaryMortgagee. Trustor Mortgagor shall promptly restore any portion of the Property which may be damaged or destroyed. Trustor Mortgagor shall promptly bond or discharge any mechanics' liens against the Property. Unless required by applicable law or unless Beneficiary Mortgagee has otherwise first agreed in writing, Trustor Mortgagor shall not make or allow any changes which will adversely affect the value of the Property to be made in the nature of the occupancy or use of the Property or any part thereof for which the Property or such part was intended at the time this Deed of Trust Mortgage was delivered. Trustor Mortgagor shall not initiate or acquiesce in any change which will adversely affect the value of the Property in any zoning or other land use classification now or hereafter in effect and affecting the Property or any part thereof without in each case obtaining Beneficiary's prior written consent thereto.and