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additional funds so that sufficient funds are accumulated during the current calendar year to pay the real estate taxes in full when due. c. In the event a default shall occur on the Existing Encumbrance, the Borrower shall have the right to cure said default or defaults and redeem the Property from foreclosure. In the event the Borrower shall cure any such defaults, or redeem the Property from foreclosure, Borrower shall have the option, in addition to any legal or equitable remedies available to it, to apply all or any part of the moneys expended by Borrower in curing such defaults or redeeming the Property from foreclosure, including interest on such expenditures at the default rate and Borrower's reasonable costs and attorney fees, toward payment of this Note. d. In the event the Borrower loses title to the Property securing this Not or any part thereof, by reason of foreclosure of the Existing Encumbrance, the Borrower may take and shall have such legal or equitable remedies as may be available against Payee or any other party to recover all damages suffered by Borrower, including Borrower's costs and reasonable attorney fees. However, the Borrower's right to assert any action against Payee is subject to Borrower not being in default on its obligations on this Note or the Mortgage. 4. Valley Bank and Trust Co. and Western State Bank hereby approve and consent to the sale of the Real Estate subject to the Existing Encumbrance on the foregoing terms and conditions and will accept payments on the Existing Encumbrance and monthly real estate tax deposits from Purchaser; provided, however that the undersigned and Trustor acknowledge and agree that the note, deed of trust, and other documents related to the Existing Encumbrance are not amended or revised in any respect and this consent is not a waiver of any duty or obligation of Trustor related to the Existing Encumbrance. 5. The undersigned agree that except for renewals of the existing indebtedness in the ordinary course of business, the Real Estate shall not be used as collateral for future loans or advances to Trustor, it being understood that the intent of the undersigned and Trustor is that the Existing Encumbrance shall not be increased and shall be paid off as soon as is practical. 6. Trustor shall provide the undersigned with copies of the fully executed Purchase and Sale Agreement and all closing documents for the above referenced transaction, including but not limited to the recorded deed and mortgage, and shall promptly advise the undersigned of any default by Purchaser under the terms and conditions of Purchase and Sale Agreement or payments on the Promissory Note payable to 618 West 3` Street, L.L.C. Executed: July 2014. By: BENEFICIARY: Western States Bank, a branch of Valley Bank & TrustCo. 214O4837 2 nce P. Meier, Exec ve Vice President