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202107049 ARTICLE I COVENANTS OF BORROWER Borrower covenants, warrants and agrees to and with Beneficiary and Trustee as follows: Section 1.01. Warranty of Title. Borrower is lawfully seized of the Property hereby conveyed, has the right to grant and convey the Property, and has a good and marketable title to the Premises and good and marketable title to the Improvements and Equipment on the Premises subject to no lien, charge or encumbrance except Permitted Encumbrances and such as are listed as exceptions to title in the title policy or policies, if any, insuring the lien of this Deed of Trust issued by a title company or companies not reasonably objected to by Beneficiary, and this Deed of Trust is and will remain a valid and enforceable first lien on the Property subject only to the exceptions referred to above. Borrower has full power and lawful authority to grant, assign, transfer and mortgage its interest in the Property in the manner and form hereby done or intended. Borrower will preserve its interest in, and title to, the Property and will forever warrant and defend the same to Trustee and will forever warrant and defend the validity and priority of the lien hereof against the claims of all persons and parties whomsoever. Borrower shall promptly and completely observe, perform and discharge each and every obligation, covenant and agreement affecting the Property whether the same is prior and superior or subject and subordinate hereto. Upon the execution and delivery of the Bond, Borrower shall cause to be delivered a mortgagee title insurance policy in form and substance satisfactory to Beneficiary from an insurer satisfactory to Beneficiary insuring the lien of this Deed of Trust as a first lien in an amount at least equal to the principal amount of the Bond. Section 1.02. Further Assurances. Borrower shall, at its own cost and without expense to Trustee or Beneficiary, promptly execute, acknowledge and deliver, or cause to be executed, acknowledged and delivered, any and all such further conveyances, confirmations, instruments or further assurances and consents as Beneficiary may deem to be necessary or proper in order to effectuate, perfect, evidence or protect the lien, covenants and agreements created by or contained in this Deed of Trust and shall cause to be timely and properly filed, registered or recorded any existing documents or instrument of further assurance necessary to fully protect the lien of this Deed of Trust. Borrower shall pay all costs and expenses, including recording fees and taxes, incident to the execution and filing, registration and/or recording of this Deed of Trust and any instrument of further assurance. Section 1.03. Insurance. Borrower will keep the Property insured as provided in the Agreement. Section 1.04. Condemnation. Borrower, upon obtaining knowledge of the institution of any proceedings for the condemnation of the Property or any portion thereof or knowledge of any casualty damage to the Property or damage of any other kind, will immediately notify Beneficiary. All compensation, awards, proceeds, damages, claims, rights of action and payments to which Borrower may become entitled shall be applied as provided in the Agreement. Section 1.05. Taxes, Assessments and Charges. (a) Borrower will pay when due all real estate taxes, personal property taxes, special assessments, assessments, charges, fines and impositions, if any, imposed upon, assessed against or otherwise relating to the Property or any part thereof, as provided in the Agreement. 3