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20121041" ' hereto (the "Real Property "); TO HAVE AND TO HOLD all and singular the Real Property with all rights and privileges hereby conveyed, pledged and assigned or agreed or intended so to be, to the Deed Trustee and its successors and assigns forever, subject to Permitted Encumbrances, upon the terms and subject to the conditions hereinafter set forth. II. GRANT OF SECURITY INTEREST IN PERSONAL PROPERTY. The Grantor does hereby pledge and assign unto the Deed Trustee and its successors and assigns in trust, forever, and grant a security interest therein, the personal property described in Schedule 2 attached hereto (the "Personal Property "), subject to Permitted Encumbrances, upon the terms and subject to the conditions hereinafter set forth. The Real Property and the Personal Property are referred to herein collectively as the "Property." NOW, THEREFORE, if the Grantor shall well and truly pay unto the Authority the indebtedness evidenced by the Bond and the Loan and shall perform, comply with and abide by each and every of the agreements, conditions and covenants contained and set forth in the Borrower Documents, the estate hereby created shall be reconveyed, without warranty, to the parties designated by the terms of this Deed of Trust and the security interest herein granted shall be cancelled and released and all evidences of indebtedness cancelled by the Authority and its assigns. AND TO FURTHER SECURE its payments and performance under the Borrower Documents, the Grantor does hereby covenant and agree as follows: Section 1. Definitions of Words and Terms. Capitalized terms used herein and not otherwise defined have the meanings ascribed thereto in the Loan Agreement. Section 2. General Covenant. The Grantor will perform, comply with and abide by all of its respective agreements, conditions and covenants contained and set forth in the Borrower Documents, and in every other document evidencing, securing or otherwise relating to the Bond and the Loan, all of which are incorporated herein by reference. It is understood and agreed that so long as the Grantor makes when due and payable the payments on the Bond and Loan, and performs and complies with its agreements, conditions and covenants contained in the Borrower Documents, the Grantor shall be entitled to utilize the Property for its proper corporate purposes pursuant to the provisions of the Borrower Documents. Section 3. Payment of Costs, Charges, and Expenses. The Grantor agrees to pay all reasonable costs, charges and expenses, including attorney fees and abstract costs, reasonably incurred or paid at any time by the Authority, the Deed Trustee, or the Lender because of the failure of the Grantor to perform, comply with, and abide by each and every one of its agreements, conditions and covenants contained in the Borrower Documents or any other document evidencing, securing or otherwise relating to the Bond and the Loan. Section 4. Conditions for Release of Portions of the Property. (a) General Provisions for Release. So long as no default shall have occurred and be continuing under the Borrower Documents, the Grantor may release any of the Property from the lien of