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15. OTHER AFFIRMATIVE COVENANTS While any obligation of Vista Del Rio under the Notes or Deeds of Trust remain outstanding, the following provisions shall apply, except to the extent that Executive Directors otherwise consent in writing: 15.1 Existence. Vista Del Rio's managing general partner shall maintain its existence in good standing under the laws of the State of California and Vista Del Rio shall provide documentation of such status annually to the City. 15.2 Protection of Lien. Vista Del Rio shall maintain the lien of the Deeds of Trust as a valid second and third priority deed of trust on the Property and take all actions, and execute and deliver to City and Successor Agency all documents, reasonably required by the Executive Directors from time to time in connection therewith. 15.3 Notice of Certain Matters. Vista Del Rio shall give notice to City, within ten (10) days of Vista Del Rio's learning thereof, of each of the following: (a) any filed litigation or claim affecting or relating to the Project or Property and involving an amount in excess of $5,000; and any litigation or claim that might subject Vista Del Rio or any general partner to liability in excess of $5,000, whether covered by insurance or not; (b) any dispute between Vista Del Rio and a Governmental Authority relating to the Property/Project, the adverse determination of which might materially affect the Property /Project; (c) any change in Vista Del Rio's principal place of business; (d) any aspect of the Improvements that is not in substantial conformity with the plans or code; (e) any Event of Default or event which, with the giving of notice or the passage of time or both, would constitute an Event of Default; (f) any material default by Vista Del Rio or any other party under any Senior Loan document, or the receipt by Vista Del Rio of any notice of default under any Senior Loan document; (g) the creation or imposition of any mechanics' or materialmans' lien or other lien against the Property which might materially affect the Property; and /or (h) any material adverse change in the financial condition of Vista del Rio. 15.4 Further Assurances. Vista Del Rio shall execute and acknowledge (or cause to be executed and acknowledged) and deliver to City all documents, and take all actions, reasonably required by City from time to time to confirm the rights created or now or hereafter intended to be created under the Loan Documents; to protect and further the validity, priority and enforceability of the Deeds of Trust; to subject to the Deeds of Trust any property intended by the terms of any Loan Document(s) to be covered by the Deeds of Trust or otherwise to carry out the purposes of the Loan Documents and the transactions contemplated thereunder. 33 DOCSOC/ 1475221 v 10/200272 -0004