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<br /> ARTICL�lI �
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<br /> CQ�'�iv�;,•i e s�°��'F ,•�'wrr � AND_�FSEIVTA�IUI�S .
<br /> .f�t� QF BORROWER
<br /> *f�*msnce of L-�an Doc�ments. The Borrower wxll perform. observe and ��--
<br /> '� 2.01. P�
<br /> � comply with the provisions hereof and of each of the other Loan 1)ocuinents and duly and �;.,
<br /> �'_,.
<br /> ' � punc��ally will pay to the I.ender the sum of money expressed in the Nates with interest thereon �-
<br /> ,`.,. and all other sums required to be paid by ehe Borrower pursuant to the provisions af this Deed of ,
<br />=-�'" deducrion or credit for taxes or other similar charges paid by the Borrower.
<br /> r��-�� Trust, all without any �'�
<br /> �2 , . • • -.
<br /> �� . gy accepting and filing for record this Deed of Trust, Lender has obligated itself to disburse the �;-
<br /> � � full amount of the Note and Related Notes pursuant to the Laa�i Agreemcnt and Related Loan _ _
<br />%���� �� Agreements secured hereby, subject to the terms �f the Loan Agreement and Related Loan _
<br />= Agreements. �=
<br /> 2,p2. Warrantv of Tltle. The Borrower is lawfully seized of an indefeasible estate in fee �-�
<br />: ��• �imple in the Froperty,Improvements,Rents and Appurtenant R ights hereb y conve yed and has �
<br /> , , good and absolute title to all other Collateral in which a securiry interest is herein granted, and
<br />�� Borrower has good right, full power and lawful authority to sell, convey, and grant a security
<br />:-� ..
<br /> interest in the same in the manner and form aforesaid; that, except for Permitted Encum rances
<br />°���T;,-� _- and the Liens pernutted by ihe Lc�au Agreeiu�nt, thc�a.�ne ar�fres an� elear nf all liens. charges,
<br /> Y''....
<br />- � and encumbrances whatscever,including, as to the Equipment, conditional sales conuacts, chattel
<br />�`� �-� . mortgages,security agreements, financing statements, and anything of a similar nature,and that
<br /> •�'�•' ^•� . Bonower shall and will warra�it and forever defend the title thereto unto the Trustee and Lender,
<br />=- � .. their successors and assigns, against the lawfut claims of all persons whomsoever.
<br /> x: .•�.��-�.?Y 2.03 Taxa I,tena and Other Charees.
<br />— _.��:�w;».
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<br />"�;<'�':��':"-," (a) Borrower shall pay, on or before the due date thereof, all taxes. levies,
<br />—"==�"'"""--- license fees, permit fees and all other charges(in each ca.se whether general or special,ordinary
<br /> =..�,siF�_7�
<br /> �-.;��-���`�' or extraordinary,or foreseen or unforeseen)of every character whatsoever(including all penalties
<br /> "'�"'�"",. and interest thereon) now or hereafter levied,assessed, confirmed ar imposed on,ar in respect
<br /> • of, or which may be a lien upon the Collateral,or any part thereof,or any estate, right or interest -
<br /> -. therein, or upon the renes, issues, income or profits thereof� and shall submit to L.ender s�ich
<br /> -. ' evidence of the due and punctual payment of all such taxes,assessments and other fees and charges �
<br /> as may be required by law. Borrower shall have the right before they become delinquent to
<br /> -"" ��". � contest or object to the amount or validity of any such tax, assessment, fee or chazge by
<br /> " appropriate legal proceedings,but this shall not be deemed or construed in any way as relieving, —
<br /> �; modifying or extending Bonower's covenant to pay any such tax,assessment, fee or charge at the
<br /> - � time and in the manner provided herein, unless Bonower has given prior written notice to Lender -_
<br /> - � of Borrower's intent to so contest or object, and unless (i) Borrower shall demonsuate to Lender's �:;
<br /> F
<br /> '° satisfaction that the legal proceedings shall conclusively operate to prevent the sale of the
<br /> , � Collateral, or any part thereof, to satisfy such tax, assessment, fee or charge prior to final
<br /> . 7
<br /> 489846.3
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