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NAI- 1502659666v3
<br />II
<br />GRANT IN TRUST
<br />201703509
<br />NOW, THEREFORE, in order to secure the payment and performance of the
<br />Obligations, direct or indirect, absolute or contingent, or otherwise that may now or hereafter
<br />become owing under the Loan Documents plus interest and other charges and expenses provided
<br />for in this Security Instrument that may now or hereafter become owing from Grantor to the
<br />Lenders (the "Secured Indebtedness "), and in consideration of Ten and No /100 Dollars ($10.00) in
<br />hand paid by Grantee on behalf of the Lenders, to Grantor, the Recitals above stated, and for other
<br />good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
<br />and intending to be legally and firmly bound, Grantor does hereby grant, bargain, warrant, convey,
<br />sell, mortgage and assign to Trustee in trust for the benefit of Grantee, as agent for the Lenders,
<br />with POWER OF SALE and right of entry and possession, and grants to Grantee and its successors
<br />and assigns forever, for the benefit of the Lenders, a continuing security interest in and to the
<br />Premises, and all of Grantor's estate, right, claim and interest therein, together with the following
<br />described property, all of which other such property is pledged primarily on a parity with the
<br />Premises and not secondarily (the Premises and the following described rights, interests, claims
<br />and property are collectively referred to as the "Property "):
<br />(a) all buildings, structures and other improvements of every kind and
<br />description now or hereafter erected, situated, or placed upon the Premises (the
<br />"Improvements "), together with any and all Personal Property (as defined in Paragraph (j)
<br />below) and all attachments now or hereafter owned by Grantor and located in or on,
<br />forming part of, attached to, used or intended to be used in connection with, or incorporated
<br />in any such Improvements, including all extensions of, additions to, betterments, renewals
<br />of, substitutions for and replacements for any of the foregoing;
<br />(b) all estate, claim, demand, right, title and interest of Grantor now owned or
<br />hereafter acquired, including without limitation, any after- acquired title, franchise, license,
<br />remainder or reversion, in and to any and all (i) land or vaults lying within the right -of -way
<br />of any street, avenue, way, passage, highway, or alley, open or proposed, vacated or
<br />otherwise, adjoining the Premises; (ii) alleys, sidewalks, streets, avenues, strips and gores
<br />of land belonging, adjacent or pertaining to the Premises or the Improvements; (iii) storm
<br />and sanitary sewer, water, gas, electric, railway and telephone services relating to the
<br />Premises and the Improvements; (iv) development rights, air rights, water, water rights,
<br />water stock, gas, oil, minerals, coal and other substances of any kind or character
<br />underlying or relating to the Premises or any part thereof; and (v) tenements,
<br />hereditaments, easements, appurtenances, other rights, liberties, reservations, allowances
<br />and privileges relating to the Premises or the Improvements or in any way now or hereafter
<br />appertaining thereto, including homestead and any other claims at law or in equity;
<br />(c) all leasehold estates and right, title and interest of Grantor in any and all
<br />leases, subleases, management agreements, arrangements, concessions or agreements,
<br />written or oral, relating to the use and occupancy of the Premises or the Improvements or
<br />any portion thereof, now or hereafter existing or entered into (collectively "Leases ");
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