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improvements or would result in interference with the use ar
enjoyment of the Real Estate or any portion thereof. If Mortgagor
shall use the Real Estate or any portion thereof in any manner
which would permit the insurer to cancel any insurance required to ~
be provided hereunder, Mortgagor immediately shall obtain a
substitute policy which shall be satisfactory to Mortgagee and
which shall be effective on or prior to the date on which any such
other insurance policy shall be cancelled.
3. Mortgagors shall not, except as hereinafter permitted,
without the prior written consent, of Mortgagee, threaten, commit,
permit or suffer to occur any alteration demolition or removal of
the Real Estate or the Equipment or any part thereof other than
non-structural tenant improvements, tenant improvements required
~ under Subleases approved by Mortgagee, and Permitted Alterations
(hereinafter defined); provided, ho~,aever, that the Equipment may
i be removed from the Real Estate if Mortgagor concurrently therewith
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s replaces the same with similar items of equal or greater utility
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t and quality, which, unless otherwise specifically permitted
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r hereunder, are free of any lien, charge or claim whatsoever.
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~ Except as otherwise provided in Paragraphs 4 and 28 hereof, and
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~ only as permitted in accordance with the terms of the Lease,
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Mortgagor, without the prior consent of Mortgagee, but upon giving
prior notice thereof to Mortgagee, shall have the right to carry
out any alterations of the Real Estate or the Equipment provided
that (x) such alterations are required pursuant to the provisions
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~ of any law, regulation or requirement or any hotel or lodge ~
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