Deep neural networks (DNNs) have become valuable intellectual property of model owners, due to the substantial resources required for their development. To protect these assets in the deployed environment, recent research has proposed model usage control mechanisms to ensure models cannot be used without proper authorization. These methods typically lock the utility of the model by embedding an access key into its parameters. However, they often assume static deployment, and largely fail to withstand continual post-deployment model updates, such as fine-tuning or task-specific adaptation. In this paper, we propose AdaLoc, to endow key-based model usage control with adaptability during model evolution. It strategically selects a subset of weights as an intrinsic access key, which enables all model updates to be confined to this key throughout the evolution lifecycle. AdaLoc enables using the access key to restore the keyed model to the latest authorized states without redistributing the entire network (i.e., adaptation), and frees the model owner from full re-keying after each model update (i.e., lock preservation). We establish a formal foundation to underpin AdaLoc, providing crucial bounds such as the errors introduced by updates restricted to the access key. Experiments across six vision and language benchmarks and six modern architectures spanning CNNs and Transformers demonstrate that AdaLoc achieves high accuracy under significant updates while retaining robust protections. Specifically, authorized usages consistently achieve strong task-specific performance, while unauthorized usage accuracy drops to near-random guessing levels (e.g., 1.02% on CIFAR-100), compared to up to 87.01% under prior key-based defenses. This shows that AdaLoc can offer a practical solution for adaptive and protected DNN deployment in evolving real-world scenarios.