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200003557
<br />Section 4.15 Third Party Representations. Each of the representations and the warranties made
<br />by each Guarantor and Indemnitor herein or in any Other Loan Document(s) is true and correct in all material
<br />respects.
<br />Section 4.16 Illegal Activity. No portion of the Property has been or will be purchased, improved,
<br />fixtured, equipped or furnished with proceeds of any criminal or other illegal activity and to the best of
<br />Borrower's knowledge, there are no illegal activities or activities relating to controlled substance at the
<br />Property.
<br />Article 5 - FURTHER ASSURANCES
<br />Section 5.1 Further Acts. Borrower will, at the cost of Borrower and without expense to Lender,
<br />do, execute, acknowledge and deliver all and every such further acts, deeds, conveyances, mortgages,
<br />assignments, notices of assignments, transfers and assurances as Lender shall, from time to time,
<br />reasonably require for the better assuring, conveying, assigning, transferring, and confirming unto Trustee
<br />(where appropriate) and to Lender, the property and rights hereby mortgaged, granted, bargained, sold,
<br />conveyed, confirmed, pledged, assigned, warranted and transferred or intended now or hereafter so to be,
<br />or which Borrower may be or may hereafter become bound to convey or assign to Trustee or to Lender, or
<br />for carrying out the intention or facilitating the performance of the terms of this Security Instrument, or for
<br />filing, registering or recording this Security Instrument, or for complying with all Applicable Laws. Borrower,
<br />on demand, will execute and deliver and hereby authorizes Lender and Trustee to execute in the name of
<br />Borrower or without the signature of Borrower to the extent Lender or Trustee may lawfully do so, one or
<br />more financing statements, chattel mortgages or other instruments, to evidence or perfect more effectively
<br />the security interest of Trustee or Lender in the Property. Borrower grants to Lender and Trustee an
<br />irrevocable power of attorney coupled with an interest for the purpose of exercising and perfecting any and
<br />all rights and remedies available to Trustee or Lender pursuant to this Section 5.1.
<br />Section 5.2 Recording of Security Instrument, Etc. Borrower forthwith upon the execution and
<br />delivery of this Security Instrument and thereafter, from time to time, will cause this Security Instrument and
<br />any of the Other Loan Documents creating a lien or security interest or evidencing the lien hereof upon the
<br />Property and each instrument of further assurance to be filed, registered or recorded in such manner and
<br />in such places as may be required by any present or future law in order to publish notice of and fully to
<br />protect and perfect the lien or security interest hereof upon, and the interest of Lender in, the Property.
<br />Borrower will pay all taxes, filing, registration or recording fees, and all expenses incident to the preparation,
<br />execution, acknowledgment and /or recording of the Note, this Security Instrument, the Other Loan
<br />Documents, any note or mortgage supplemental hereto, any security instrumentwith respect to the Property
<br />and any instrument of further assurance, and any modification or amendment of the foregoing documents,
<br />and all federal, state, county and municipal taxes, duties, imposts, assessments and charges arising out of
<br />or in connection with the execution and delivery of this Security Instrument, any mortgage supplemental
<br />hereto, any security instrument with respect to the Property or any instrument of further assurance, and any
<br />modification or amendment of the foregoing documents, except where prohibited by law so to do.
<br />Section 5.3 Changes in Tax, Debt Credit and Documentary Stamp Laws.
<br />(a) If any law is enacted or adopted or amended after the date of this Security Instrument which
<br />deducts the Debt from the value of the Property for the purpose of taxation or which imposes a tax, either
<br />directly or indirectly, on the Debt or Lender's interest in the Property, Borrower will pay the tax, with interest
<br />and penalties thereon, if any. If Lender is advised by its counsel that the payment of tax by Borrower would
<br />be taxable to Lender (unless Borrower pays such taxes and it is lawful to do so) or unlawful or unenforceable
<br />or provide the basis for a defense of usury, then Lender shall have the option by written notice of not less
<br />than ninety (90) days to declare the Debt immediately due and payable.
<br />ATLANTA4181845.4
<br />GMACCM (SLIP) — DOT (8/98) 20 Grand Isle, Nebraska
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