Blanket Insurance Policies Uses in Compliance With Insurance Requirements Clause

Compliance With Insurance Requirements

This Instrument is partially exempt from recording tax pursuant to Va. Code Ann. Subsection 58.1-803D. The purpose of this Instrument is to partially refinance the terms of an existing debt with the same lender, which partial debt in the amount of $46,000,000.00 is secured by a deed of trust recorded in the Clerks Office of the Circuit Court of Fairfax County, Virginia, in Deed Book 18421 at page 661 on which tax imposed by Section 58.1-803 has been paid in the amount of $79,733.33. Recording tax is due on the additional indebtedness of $54,000,000.00 in the amount of $133,600.00.

Compliance With Insurance Requirements. Borrower shall comply with all insurance requirements and shall not bring or keep or permit to be brought or kept any article upon any of the Property or cause or permit any condition to exist thereon which would be prohibited by an insurance requirement, or would invalidate the insurance coverage required hereunder to be maintained by Borrower on or with respect to any part of the Property pursuant to this Section 3.3.

Compliance With Insurance Requirements from Assignment of Leases and Rents

THIS INDEMNITY DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT, AND FIXTURE FILING (Security Instrument) is made as of August 23, 2006, by and among, BMR-SHADY GROVE ROAD HQ LLC, a Maryland limited liability company having its principal place of business or residing at 17140 Bernardo Center Drive, Suite 222, San Diego, California 92128, Attention: General Counsel/Financing, as grantor (Grantor, for all purposes of this Security Instrument, such term shall include any successors or assigns of Grantor and any future owners of all or any part of the Property), and LAWYERS TITLE REALTY SERVICES, INC. having an address at 101 Gateway Center Parkway, Richmond, Virginia 23235 as trustee (the Trustee; such term includes the successor and assigns of Trustee, including any parties appointed Trustee by any power of appointment reserved to Lender), and KEYBANK NATIONAL ASSOCIATION, a national banking association having a place of business at 911 Main Street, Suite #1500, Kansas C

Compliance With Insurance Requirements. Grantor shall comply with all insurance requirements and shall not bring or keep or permit to be brought or kept any article upon any of the Property or cause or permit any condition to exist thereon which would be prohibited by an insurance requirement, or would invalidate the insurance coverage required hereunder to be maintained by Grantor on or with respect to any part of the Property pursuant to this Section 3.2.