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MORTGAGE 201203573
<br />(Continued) Page 5
<br />Subsequent Teuea. If any tax to which this section epplies is enacted subsequent to the date of this Mortgage,
<br />this event shall have the same effect as an Event of Default, and Lender may exercise any or all of its available
<br />remedies for an Event of Default as provided below unless Grantor either (1) pays the tax before it becomes
<br />delinquent, or (2) contests the tax as provided above in the Taxes and Liens section and deposits with Lender
<br />cash or a sufficient corporate surety bond or other security satisfactory to Lender.
<br />SECURITY AGREEMENT; FlNANCING STATEMENTS. The following provisions relating to this Mortgage as a secur'rty
<br />agreement are a part of this Mortgage:
<br />Security Agr��m�nt. This instrument shall constitute a Security Agreement to the extent any of the Property
<br />constitutes fixtures, and Lender shall have all of the rights of a secured party under the Uniform Commerciel Code
<br />as amended from time to time.
<br />Securtty Interest. Upon request by Lender, Grantor shall take whatever action is requested by Lender to perfect
<br />and continue Lender's security interest in the Personal Property. In addition to recording this Mortgage in the real
<br />properry records, Lender may, at any time and without further authorization from Grantor, file executed
<br />counterparts, copies or reproductions of this Mortgage as a financing statement. Grantor shail reimburse Lender
<br />for all expenses incurred in perfecting or continuing this security interest. Upon default, Grantor shall not remove,
<br />sever or detach the Personal Property from the Property. Upon default, Grantor shall assemble any Personal
<br />Property not affixed to the Property in a manner and et a place reasonably convenient to Grantor and Lender and
<br />make it available to Lender within three (3) days after receipt of written demand from Lender to the e�ctent
<br />permitted by applicable law.
<br />Addresses. The mailing addresses of Grantor (debtor) and Lender (secured party) from which information
<br />concerning the security interest granted by this Mortgage may be obtained (each as required by the Uniform
<br />Commercial Coda) are as stated on the first page of this Mortgage.
<br />FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following provisions relating to further essurances and
<br />attorney-in-fact are a part of this Mortgage:
<br />Further Asaurances. At any time, and from time to time, upon request of Lender, Grantor will make, execute and
<br />deliver, or will cause to be made, executed or delivered, to Lender or to Lender's designee, and when requested by
<br />Lender, cause to be filed, recorded, refiled, or rerecorded, as the case may be, at such times and in such offices
<br />and places as Lender may deem appropriate, eny and all such mortgages, deeds of trust, security deeds, security
<br />agreements, financing statements, continuation statements, instruments of further assurance, certificates, and
<br />other documents as may, in the sole opinion of Lender, be necessary or desirable in order to effectuate, complete,
<br />perfect, continue, or preserve (1) Grentor's obligetions under the Note, this Mortgege, and the Related
<br />Documents, end (2) the liens and security interests created by this Mortgage as first and prior liena on the
<br />Property, whether now owned or hereafter acquired by Grantor. Unless prohibited by law or Lender agrees to the
<br />contrary in writing, Grantor shall reimburse Lender for all costs and expenses incurred in connection with the
<br />matters referred to in this paragraph.
<br />Attorney-in-Fect. If Grantor fails to do any of the things referred to in the preceding paragraph, Lender may do so
<br />for and in the name of Grantor and at Grantor's expense. For such purposes, Grantor hereby irrevocably appoints
<br />Lender as Grentor's attorney-in-fact for the purpose of making, executing, delivering, filing, recording, and doing all
<br />other things as may be necessary or desirable, in Lender's sole opinion, to accomplish the matters referred to in
<br />the preceding paragraph.
<br />FULL PERFORMANCE. If Grantor peys all the indebtedness when due, and otherwise performs all the obligations
<br />imposed upon Grantor under this Mortgage, Lender shell execute and deliver to Grantor a suitable satisfaction of this
<br />Mortgage and suitable statements of termination of any financing statement on file evidencing Lender's security interest
<br />in the Rents and the Personal Property. Grantor will pay, if permitted by applicable law, any reasonable termination fee
<br />as determined by Lender from time to time.
<br />EVENTS OF DEFAULT. At Lender's option, Grantor will be in default under this Mortgage if any of the following
<br />happen:
<br />Payment Default. Grantor fails to make any payment when due under the Indebtedness.
<br />D�fault on Other Payments. Failure of Grantor within the time required by this Mortgage to make any payment for
<br />taxes or insurance, or any other payment necessary to prevent filing of or to effect discharge of any lien.
<br />Break Other Promises. Grantor breaks any promise made to Lender or fails to perform promptly at the time and
<br />strictly in the manner provided in this Mortgage or in any agreement releted to this Mortgage.
<br />Falae Statements. Any representation or statement made or furnished to Lender by Grantor or on Grantor's behalf
<br />under this Mortgage or the Related Documents is false or misleading in any material respect, either now or at the
<br />time mede or furnished.
<br />Defectiv� Colleterellzatlon. This Mortgage or any of the Related Documents ceases to be in full force and effect
<br />(including failure of any collateral document to create a valid and perfected security interest or lien) at any time and
<br />for any reason.
<br />Death or Insolvency. The death of Grantor, the insolvency of Grentor, the appointment of a receiver for any part of
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