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(4) Grantor and Grantee authorize the filing of new Uniform Commercial Code financing statements or financing statement amendments (if necessary) and any additional documents reasonably requested by Lender to effectuate the security interest of Lender in the Mortgaged Property as to the Grantee. In connection therewith, Lender agrees to authorize the filing of new financing statement amendment or termination to release any security interest against Grantor. (5) (7) 231_400 assumption agreement in form and substance reasonably acceptable to Lender (the "Loan Assumption Agreement "), and the holder or holders of the primary Beneficial Ownership Interest in the Grantee shall execute a Replacement Guaranty and a Replacement Indemnity. Grantor shall provide Lender with a copy of the following Sale documents: (i) a deed covering the Premises and Improvements, (ii) a bill of sale covering the personalty constituting the Mortgaged Property, (iii) a Lease assignment and assumption agreement in a form reasonably acceptable to Lender (the "Lease Assumption Agreement "), and (iv) the Loan Assumption Agreement. (6) If the Lease does not authorize the assignment of the Borrower's rights as the landlord under the Lease without Lessee's consent thereto (for such purposes the provisions of Section 38 of Part II of the Lease are hereby deemed by Lender to be Lessee's consent to such Sale), Grantor shall provide Lender with either (i) written evidence (including a legal opinion, if reasonably required by Lender), . satisfactory to Lender in its reasonable discretion, that such transfer is permitted under the Lease or (ii) Lessee's execution, for approval purposes only, of the Lease assignment specified in subparagraph (5) above. Grantor shall cause to be delivered to Lender with respect to Lender's title insurance policy delivered at the closing of the initial Loan (the "Title Policy ") such endorsements or certificates and other similar materials as Lender may reasonably deem necessary at the time of the Sale, all in form and substance reasonably satisfactory to Lender, including, without limitation, an endorsement or endorsements to the Title Policy insuring that the lien of this Security Instrument constitutes a first lien on Borrower's interest in the Mortgaged Property subject only to the Permitted Exceptions and subsequent title exceptions as heretofore approved by Lender or permitted under this Security Instrument, extending the effective date of such policy to the date of execution and delivery (or, if later, of recording) of the assumption agreement referenced above in subparagraph (3) and insuring that fee simple title to the Mortgaged Property is vested in the Grantee, or, in lieu thereof, such other documents or evidence as Lender may reasonably require in order to confirm that such Title Policy is unaffected by the Sale. (8) Grantor executes and delivers to Lender a release of Lender, its officers, directors, employees and agents, from all claims and liability relating to the transactions evidenced by the Note, this Security Instrument, and any of the other Loan Documents through and including the date of the closing of the Sale, which - 20 -