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201210833
<br />Maximum Debt Limit shall mean $1,400,000.00 at any one time outstanding, including
<br />optional future advances.
<br />Obligations shall mean all indebtedness and other obligations of the Grantor to the
<br />Beneficiary of every type and description, whether now existing or hereafter arising, fixed or
<br />contingent, as primary obligor or as guarantor or surety, acquired directly or by assignment or
<br />otherwise, liquidated or unliquidated, regardless of how they arise or by what agreement or
<br />instrument they may be evidenced, including, without limitation, indebtedness under all loans,
<br />advances and other extensions of credit made to or for the account of the Grantor, including
<br />without limitation the promissory note(s) that are more particularly identified on Exhibit B
<br />hereto, and all covenants, agreements and provisions contained in this Deed of Trust and in any
<br />of the Credit Agreements.
<br />Permitted Encumbrances shall mean:
<br />(i) as to the property specifically described in Exhibit "A" hereto, the restrictions,
<br />exceptions, reservations, conditions, limitations, interests and other matters which are set forth or
<br />referred to in such descriptions; and
<br />(ii) as to the Trust Estate, any Lien permitted under the Credit Agreements.
<br />Potential Default shall mean the occurrence of any event which with the giving of notice
<br />and/or the passage of time and/or the occurrence of any other condition would ripen into an
<br />Event of Default.
<br />Trust Estate shall have the meaning specified in Section 2.01.
<br />http:// sdnpcodoc1:90 /18313721/Document Library/MTG NE Hall Co
<br />NE 9/11
<br />ARTICLE II.
<br />GRANTING CLAUSES
<br />Section 2.01. Granting Clauses. In order to secure the repayment of the Obligations,
<br />whether such Obligations are made pursuant to a commitment, made at the option of the
<br />Beneficiary, made after a reduction to zero or other balance, or made otherwise, up to the
<br />Maximum Debt Limit, and to declare the terms and conditions upon which the Obligations are to
<br />be secured, the Grantor, in consideration of the premises, does hereby grant, bargain, sell,
<br />alienate, convey, assign, transfer, mortgage, hypothecate, pledge, set over and confirm unto the
<br />Trustee, in trust, with power of sale, for the use and benefit of the Beneficiary, and its respective
<br />successors and/or assigns the following (all of which are hereinafter collectively called the "Trust
<br />Estate "):
<br />All right, title and interest of the Grantor in and to those fee and leasehold estates in real
<br />property described in Exhibit "A" hereto, subject in each case to those matters set forth in such
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