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201605357 Security Agreement, Assignment of Rents and Leases and Fixture Filing dated as of the Effective Date, which was executed by Borrower for the benefit of PVIPE, encumbering the Premises (the "PVIPE Deed of Trust "); and WHEREAS, Hendrix has made a loan to the Borrower in the original principal amount of $6,166,125 (the "Hendrix Loan "). The Hendrix Loan is secured by that certain Deed of Trust, Security Agreement, Assignment of Rents and Leases and Fixture Filing dated as of the Effective Date, which was executed by Borrower for the benefit of Hendrix, encumbering the Premises (the "Hendrix Deed of Trust "). For purposes of this Agreement, (a) the Farm Credit Loan, the PVIPE Loan and the Hendrix Loan may be referred to herein, individually, as a "Loan" and, collectively, as the "Loans" and (b) the Farm Credit Deed of Trust, the PVIPE Deed of Trust and the Hendrix Deed of Trust may be individually referred to herein as a "Deed of Trust" and collectively referred to herein as, the "Deeds of Trust "; and WHEREAS, Farm Credit, PVIPE and Hendrix (each, a "Lender" and collectively, the "Lenders ") desire to set forth their agreement as to certain of their respective rights against Borrower with respect to their respective security and priority positions in the Joint Collateral (as such term is hereinafter defined). AGREEMENT NOW, THEREFORE, in consideration of the mutual promises contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 2. Notwithstanding the time, place, order of execution or recordation of the Deeds of Trust or the method of creation, attachment or perfection of the respective liens granted pursuant thereto or the invalidity, unenforceability, avoidability or recharacterization of the liens granted pursuant thereto, any terms or provisions of the Deeds of Trust to the contrary, or any law, rule or regulation of any applicable governmental body to the contrary, the Lenders hereby confirm and agree that: 4847 - 8937 - 5025.4 1. The Lenders hereby acknowledge and consent to the following: a. Pursuant to the Farm Credit Deed of Trust, Farm Credit has been granted a lien on, among other things, the Premises and other collateral more particularly described in the Farm Credit Deed of Trust (the "Farm Credit Collateral "); b. Pursuant to the PVIPE Deed of Trust, PVIPE has been granted a lien on, among other things, the Premises and other collateral more particularly described in the PVIPE Deed of Trust (the "PVIPE Collateral"); c. Pursuant to the Hendrix Deed of Trust, Hendrix has been granted a lien on, among other things, the Premises and other collateral more particularly described in the Hendrix Deed of Trust (the "Hendrix Collateral ") (the Farm Credit Collateral, PVIPE Collateral and the Hendrix Collateral are collectively referred to herein as, the "Joint Collateral"). 2