Common use of Recorded Instruments Clause in Contracts

Recorded Instruments. The Trustor will promptly perform and observe, or cause to be performed and observed, all of the terms, covenants and conditions of all instruments of record affecting the Mortgaged Premises (other than non-consensual encumbrances hereafter affecting the Mortgaged Premises, the validity or enforceability of which the Trustor is contesting in accordance with this Trust Deed) where non-compliance therewith affects the security of this Trust Deed or imposes any duty or obligation upon the Trustor or any Space Tenant. The Trustor shall do or cause to be done all things reasonably required to preserve intact and unimpaired and to renew any and all rights-of-way, easements, grants, appurtenances, privileges, licenses, franchises and other interests and rights in favor of or constituting any portion of the Mortgaged Premises. The Trustor will not, without the prior written consent of the Beneficiary, which consent shall not be unreasonably withheld or delayed, initiate, join in or consent to any private restrictive covenant or other public or private restriction as to the use of all or any portion FRK11626.A05 285741572 01/09/97 KDF: of the Mortgaged Premises. The Trustor will, however, comply with all lawful restrictive covenants and zoning ordinances and other public or private restrictions affecting all or any portion of the Mortgaged Premises.

Appears in 1 contract

Sources: Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing (Corporate Realty Income Fund I L P)

Recorded Instruments. The Trustor will promptly perform and observe, or cause to be performed and observed, all of the terms, covenants and conditions of all instruments of record affecting the Mortgaged Premises (other than non-consensual encumbrances hereafter affecting the Mortgaged Premises, the validity or enforceability of which the Trustor is contesting in accordance with this Trust Deed) where non-compliance therewith affects the security of this Trust Deed or imposes any duty or obligation upon the Trustor or any Space Tenant. The Trustor shall do or cause to be done all things reasonably required to preserve intact and unimpaired and to renew any and all rights-of-way, easements, grants, appurtenances, privileges, licenses, franchises and other interests and rights in favor of or constituting any portion of the Mortgaged Premises. The Trustor will not, without the prior written consent of the Beneficiary, which consent shall not be unreasonably withheld or delayed, initiate, join in or consent to any private restrictive covenant or other public or private restriction as to the use of all or any portion FRK11626.A05 285741572 01/09/97 KDF: of the Mortgaged Premises. The Trustor will, however, comply with all lawful restrictive covenants and zoning ordinances and other public or private restrictions affecting all or any portion of the Mortgaged Premises.. FRK11622.A05 285741572 01/09/97 KDF:

Appears in 1 contract

Sources: Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing (Corporate Realty Income Fund I L P)