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(b) Financing Statements. Trustor authorizes Beneficiary to prepare and file such financing statements and take such other action to perfect and continue Beneficiary's security interest in the Property, and agrees to execute any and all documentation and take such other actions as may be requested by Beneficiary for such purposes. In addition to recording this Deed of Trust in the real property records, Beneficiary may, at any time and without further authorization from Trustor, file counterparts, copies or reproductions of this Deed of Trust as financing statements. Trustor shall pay to Beneficiary on demand any and all expenses, including attorneys' fees and expenses, incurred or paid by Beneficiary in perfecting, continuing, and protecting its interest in the Property and in enforcing its rights hereunder with respect to the Property. Trustor agrees that the requirement of reasonable notice under the UCC shall be met if such notice is given at least ten (10) days before the time of the sale or disposition (provided, however, that this sentence shall not be construed to prohibit a shorter notice period, if commercially reasonable under the circumstances or otherwise permitted by the UCC). 16. Fixture Filing. From the date of its recording, this Deed of Trust shall be effective as a financing statement filed as a fixture filing with respect to all Property which now is or hereafter becomes fixtures related to the Land. For this purpose, the following information is set forth: (a) Name and address of Debtor: FreightCar Rail Services, L.L.C. Two North Riverside Plaza, Suite 1300 Chicago, IL 60606 (b) Name and Address of Secured Party: Grand Island Area Economic Development Corporation 123 North Locust Street, Suite 201 B Grand Island, NE 68801 (c) This document covers goods which are or are to become fixtures. (d) Description of Land: See Exhibit "A ". (e) Owner of Record of Land: Debtor. (f) This Financing Statement covers Proceeds. (g) Products of the Collateral are also covered. 201504188 17. Requests for Notice. Trustor hereby requests a copy of any Notice of Default and any Notice of Sale hereunder be mailed to Trustor at Trustor's address set forth in Section 18 of this Deed of Trust. While hereby expressly reserving the priority of this Deed of Trust as established by law, Trustee and Beneficiary hereunder request that a copy of any Notice of Default and any Notice of Sale under any deed of trust recorded against the Property either prior to, or subsequent to the date this Deed of Trust is recorded be mailed to each at the addresses set forth in Section 18 of this Deed of Trust. 9