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201300074 <br /> ARTICLE II <br /> CERTAIN WARRANTIES AND COVENANTS OF TRUSTOR <br /> SECTION 2.01. Authority and Effectiveness. (a) Trustor represents, warrants and <br /> covenants that(i) Trustor is and shall be a corporation duly organized,validly existing and in good <br /> standing under the laws of its state of incorporation or organization, and duly qualified to do <br /> business and in good standing in the state in which the Premises is located and has and will have all <br /> governmental licenses, authorizations, consents and other qualifications required to carry on its <br /> business as now conducted,to own the Mortgaged Property and to execute,deliver and perform this <br /> Deed of Trust; (ii) the execution, delivery and performance by Trustor of this Deed of Trust are <br /> within Trustor's corporate power, have been duly authorized by all necessary corporate action, <br /> require no action by or in respect of,or filing with,any governmental body,agency or official and do <br /> not and will not contravene, or constitute a default under, any provision of the organizational <br /> documents of Trustor or of any agreement,judgment, injunction, order, decree or other instrument <br /> binding upon Trustor or relating to the Premises; and (iii) this Deed of Trust constitutes a legal, <br /> valid, binding and enforceable agreement of Trustor. <br /> (b) Trustor shall cause the representations and warranties in subsection(a)of this <br /> Section to continue to be true in each and every respect at all times prior to the termination of this <br /> Deed of Trust. <br /> SECTION 2.02. Title and Further Assurances. (a) Trustor hereby represents and <br /> warrants to Beneficiary that: <br /> (i) Trustor is the owner of a valid and subsisting leasehold interest in the <br /> Land and the Improvements free from all liens, security interests, Leases, charges or <br /> encumbrances whatsoever,except for such liens as are permitted under the Credit Agreement <br /> ("Permitted Liens"): <br /> (ii) Trustor has good and lawful right to mortgage the Mortgaged Property <br /> to Beneficiary without the consent of any Person other than those consents which have been <br /> obtained; <br /> (iii) the lien created by this Deed of Trust constitutes a valid,binding and <br /> enforceable lien on the Mortgaged Property; <br /> (iv) the Site Lease creates and constitutes in the tenant thereunder a valid <br /> and subsisting leasehold interest in the Leasehold Estate; the Site Lease has not been <br /> modified or amended,except as disclosed to Beneficiary in writing;there is no default under <br /> the Site Lease,all rents due have been paid in full;no action has commenced and is pending <br /> to terminate the Site Lease; and Trustor is the owner of the leasehold interest under the Site <br /> Lease subject to the provisions of the Site Lease; and <br /> (v) the Permitted Liens do not materially interfere with or materially <br /> adversely affect the use, value or operation of the Premises. <br /> -7- <br />