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<br />_.�,�,�.� (b) Borrower acknowledges that it has undertaken the obligation to pay all
<br />�°"'`T � intangibles taxes and documentary taxcs now or hereafter due in connection witli th� Loan =
<br />��, ' Obligations and the Loan Documents, and Borrov�+er agrees to indemnify and hold Lender =
<br />�' '` � harrnless fram any intangibles taxes and documentary stamp taxes, and any interest or penalties, -
<br />:;",: . which the Lender may hereafter be required to pay in connection with the Loan Obligations or _
<br /> _ Loan Documents. The agreements of this subsection(b)shall expressly survive sacisfaction of this •
<br />='i�� �'.:.� Deed of Trust and repaymez�t of the Loan Obligations.
<br /> s. �•,
<br /> 3t �
<br /> � � � 2.10 Fastopuel Affidavits. Borrower, upon ten (10) days prior written notice from
<br />` . . Lender, shall furnish Lender a written statement, duly acknowledged, based upon its records,
<br /> ,��.•' :,2 '::,-
<br />-, setting forth thc unpaid principal of, and int�rest on, the Loan Obligatlons, stating whether or not
<br /> -�� � ,`� to its knowledgc any offsets or defenses exist against the Loan Obligations, or any portion thereof, �
<br /> • �=�'`-� and, if such offsets or defenses exist, stating in detail the specific facts relating to each such offset
<br /> � or defense.
<br /> � ,;,
<br /> � . 2.11 LImIt of Validitv. If from any circumstances whatsoever, fulfillment of any
<br /> . provision of this Deed of Trust, the Notes (or any of them) or any other Loan Document or
<br /> Related Loan Document, at the tizne performance of such provision shall be due, shall involve
<br />_ �... .w;;, transcending the limit of validity presendy prescribed by any applicable usury statute or any other
<br />=`�` � �" applicable law,with regard to obli�gations of like character and amount, dien, ipso fa�to, the
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<br />;'�-R;�.�;;,;;'•� obligation co bc fulfilled shall be reduced to the Iimit of such validiry,so that in no evenc shall any
<br />-�.:�.�'�;°;, :� exaction be possible under this Dee�of Trust,the Notes� or any other Loan Document or Related
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<br />����,�wa� Loan Document that is in excess of the cunent limit of such validlty, but such obllgation shall be
<br /> --.��. :�:�y fulf lled to die limit of such validiry. The provisions of this Section shall control every other pro-
<br />-�•�y t'��:� vision of this Deed of Tr�ast,the Notes and any other Loan Document or Related Loan Documents.
<br />��,ys•. <+y.
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<br />�°:%:s.., ,,� 2.12 Complience with ApFlicahle Env�ronmental Lawa, Borrower has entered into a
<br /> - `""''^"*� sepazate Indemnity Agreement wIth respect to any Applicable Environmental Law,the provisions
<br /> t �
<br />��r��.�::_; of which are deemed incorporated herein by this reference.
<br /> -���.�i�.�� —
<br />�,�`�tt.�.:�. ARTICLE III
<br />_".:.�:,,,. ;;,
<br /> � '' �` EVENTS OF DEFAULT; REMEDIES
<br /> ���- '�, '� 3.01 Events of Default. The terms "Event of Default" or"Events of Default," wherever -
<br />_ � used in this Deed of Trust, shall mean any one or more of the following events:
<br />-�.-_��.--..
<br />_r...°... . .. _
<br /> . � �. (a) The occurrence of any Event of Default(as therein defined)under the Loan '
<br />- � Agreement or any other Loan Documents or Related Loan Documents; or ;
<br /> . t
<br /> . � (b) The sale, transfer, lease, assignment, or other disposition, voluntarily or
<br /> „ � involuntarily. of the Collateral, or any pazt thereof or any interest therein, including a sale or �
<br /> tzansfer in lieu of condemnation,or, except for Permitted Encumbrances,any further encumbrance �
<br /> � 4A9846.3 I Z �
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