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201309514 <br /> EXHIBIT <br /> Permitted Encumbrances <br /> 1. That certain Deed of Trust executed by Mortgagor in favor of Roger D. Anderson (the <br /> "Subordinated Deed of Trust") to secure (a) that certain Promissory Note dated may 31, <br /> 2008, executed by Michael D. Anderson and Barbara A. Anderson in favor of Roger D. <br /> Anderson in the original principal amount of$5,000,000.00, and (b) that certain personal <br /> guaranty of Michael D. Anderson and Barbara A. Anderson of that certain Promissory <br /> Note dated May 31, 2008, executed by A.A.I., Inc., in favor of Roger D. Anderson in the <br /> original principal amount of $5,000,000.00, so long as the Subordinated Deed of Trust <br /> remains subordinate to the lien of this Deed of Trust. <br />