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<br />DEED OF TRUST
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<br />shall be expressly limited to matters directly relevant to the Dispute being arbitrated and must be completed no later
<br />than 20 days before the hearing date. Any requests for an extension of the discovery periods, or any discovery
<br />disputes, will be subject to final determination by the arbitrator upon a showing that the request for discovery is
<br />essential for the party's presentation and that no alternative means for obtaining information is available.
<br />E. Class Proceedings and Consolidations. No party hereto shall be entitled to join or consolidate disputes by or against
<br />others in any arbitration, except parties to this agreement, or any contract, instrument or document relating to this
<br />agreement, or to include in any arbitration any dispute as a representative or member of a class, or to act in any
<br />arbitration in the interest of the general public or in a private attorney general capacity.
<br />F. Small Claims Court. Any party may require that a Dispute be resolved in Small Claims Court if the Dispute and
<br />related claims are fully within that court s jurisdiction.
<br />G. State Specific Provisions:
<br />If Delaware. Pennsylvania or Virginia law governs the Dispute, the following provision Is applicable if there is a
<br />Confession of Judgment in the Note, any Guaranty, or Related Documents: Confession of Judgment. Notwithstanding
<br />anything herein to the contrary, the arbitration requirement does not limit or preclude the right of Lender to confess
<br />judgment pursuant to a warrant of attorney provision set forth in the Note, any Guaranty, or Related Documents. No
<br />party shall have the right to demand binding arbitration of any claim, dispute or controversy seeking to li) strike - off or
<br />open a Judgment obtained by confession pursuant to a warrant of attorney contained in the Note, any Guaranty, or
<br />Related Documents, or (ii) challenge the waiver of a right to prior notice and a hearing before judgment is entered, or
<br />after judgment is entered, but before execution upon the judgment. Any claims, disputes or controversies challenging
<br />the confession of judgment shall be commenced and prosecuted in accordance with the procedures set forth, and in the
<br />forum specified by the applicable state rules of civil procedure or other applicable law.
<br />If Maryland law governs the Dispute, the following provision is applicable if there is a Confession of Judgment in
<br />the Note, any Guaranty, or Related Documents: Confession of Judgment. Notwithstanding anything herein to the
<br />contrary, the arbitration requirement does not limit or preclude the right of Lender to confess judgment, and no party
<br />shall have the right to demand binding arbitration of any claim, dispute or controversy seeking to open a judgment
<br />obtained by confession. Nothing herein, including the arbitration requirement, shall limit the right of any party to
<br />foreclose judicially or non - judicially against any real or personal property collateral, or exercise judicial or non - judicial
<br />power of sale rights. No provision regarding submission to a jurisdiction and /or venue in any court or the waiver of any
<br />right to trial by jury is intended or shall be construed to be in derogation of the provisions for arbitration of any dispute.
<br />Any claim or counterclaim or defense raised In connection with Lender s exercise of any rights set forth in the Note, any
<br />Guaranty, or Related Documents shall be subject to the arbitration requirement.
<br />If South Carolina law governs the Dispute, the following provision is included: WAIVER OF JURY TRIAL.
<br />NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY, WITHOUT INTENDING IN ANY WAY TO LIMIT THE
<br />PARTIES' AGREEMENT TO ARBITRATE ANY DISPUTE AS SET FORTH IN THIS MORTGAGE, TO THE EXTENT ANY
<br />DISPUTE IS NOT SUBMITTED TO ARBITRATION OR IS DEEMED BY THE ARBITRATOR OR BY ANY COURT WITH
<br />JURISDICTION TO BE NOT ARBITRABLE OR NOT REQUIRED TO BE ARBITRATED, LENDER AND MORTGAGOR WAIVE
<br />TRIAL BY JURY IN RESPECT OF ANY SUCH DiSPUTE AND ANY ACTION ON SUCH DISPUTE. THIS WAIVER IS
<br />KNOWINGLY, WILLINGLY AND VOLUNTARILY MADE BY LENDER AND MORTGAGOR, AND THEY HEREBY
<br />REPRESENT THAT NO REPRESENTATIONS OF FACT OR OPINION HAVE BEEN MADE BY ANY PERSON OR ENTITY TO
<br />INDUCE THIS WAIVER OF TRIAL BY JURY OR TO IN ANY WAY MODIFY OR NULLIFY ITS EFFECT. THIS PROVISION
<br />IS A MATERIAL INDUCEMENT FOR THE PARTIES ENTERING INTO THE LOAN DOCUMENTS. LENDER AND
<br />MORTGAGOR ARE EACH HEREBY AUTHORIZED TO FiLE A COPY OF THIS SECTION IN ANY PROCEEDING AS
<br />CONCLUSIVE EVIDENCE OF THIS WAIVER OF JURY TRIAL. MORTGAGOR FURTHER REPRESENTS AND WARRANTS
<br />THAT IT HAS BEEN REPRESENTED IN THE SIGNING OF THiS MORTGAGE AND IN THE MAKING OF THIS WAIVER BY
<br />INDEPENDENT LEGAL COUNSEL, OR HAS HAD THE OPPORTUNITY TO BE REPRESENTED BY INDEPENDENT LEGAL
<br />COUNSEL SELECTED OF ITS OWN FREE WILL, AND THAT 11' HAS HAD THE OPPORTUNITY TO DISCUSS THIS
<br />WAIVER WITH COUNSEL.
<br />H. Real Property Collateral:
<br />if California law governs the Dispute, the following provisions are included: Real Property Collateral; Judicial
<br />Reference. Notwithstanding anything herein to the contrary, no Dispute shall be submitted to arbitration if the Dispute
<br />concerns indebtedness secured directly or indirectly, in whole or in part, by any real property unless (1) the holder of the
<br />mortgage, lien or security interest specifically elects in writing to proceed with the arbitration, or (it) all parties to the
<br />arbitration waive any rights or benefits that might accrue to them by virtue of the single action rule statute of California,
<br />thereby agreeing that all indebtedness and obligations of the parties, and all mortgages, liens and security interests
<br />securing such indebtedness and obligations, shall remain fully valid and enforceable. If any such Dispute is not
<br />submitted to arbitration, the Dispute shall be referred to a referee in accordance with California Code of Civil Procedure
<br />Section 638 et seq., and this general reference agreement is intended to be specifically enforceable in accordance with
<br />said Section 638, as amended or replaced, from time to time. A referee with the qualifications required herein for
<br />arbitrators shall be selected pursuant to the AAA's selection procedures. Judgment upon the decision rendered by a
<br />referee shall be entered in the court in which such proceeding was commenced in accordance with California Code of
<br />Civil Procedure Sections 644 and 645, as amended or replaced from time to time.
<br />If Connecticut law governs the Dispute, the following provision is included: Real Property Collateral.
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