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202300986 Section 3.4 Independence of the Real Property. No buildings or other improvements on property not covered by this Deed of Trust rely on the Real Property or any interest therein to fulfill any requirement of any Governmental Authority for the existence of such property, building, or improvements; and none of the Real Property relies, or will rely, on any property not covered by this Deed of Trust or any interest therein to fulfill any requirement of any Governmental Authority. The Real Property has been properly subdivided from all other property in accordance with the requirements of any applicable Governmental Authorities. Section 3.5 Existing Improvements. The existing Improvements, if any, were constructed, and are being used and maintained, in accordance with all applicable Laws, including zoning Laws. Section 3.6 Utilities; Services. The Property is serviced by all necessary public utilities, including, but not limited to, water, electricity, natural gas, telephone, high speed internet, fiber optic cable, storm sewer and sanitary sewer, and all such utilities are operational and have sufficient capacity. There is no material contract or agreement providing for services to or maintenance of the Property which cannot be cancelled upon 30 days' or less notice. The Property has access to all public streets and any railroad spurs and tracks, and is benefited by all necessary easements, to allow the operation of the Property by Grantor and its tenants in the ordinary course of business and in a prudent manner. Section 3.7 Leases The Leases, if any, are valid and are in full force and effect, and Grantor is not in default under any of the terms thereof. Except as expressly permitted in the Loan Agreement, Grantor has not accepted any Rents in advance of the time the same became due under the Leases and has not forgiven, compromised or discounted any of the Rents. Grantor has title to and the right to assign the Leases and Rents to Lender, and no other assignment of the Leases or Rents has been granted. To the best of Grantor's knowledge and belief, no tenant is in default under their Lease(s) or are the subject of any bankruptcy, insolvency or similar proceeding. Section 3.8 Environmental Grantor makes the representations and warranties contained in, and shall comply with its obligations under, that certain Environmental Indemnity Agreement, which Environmental Indemnity Agreement is incorporated herein by reference. Article IV Affirmative Covenants. Section 4.1 Obligations. Grantor agrees to promptly pay and perform all of the Obligations, time being of the essence in each case. Section 4.2 Property Assessments; Documentary Taxes. Grantor (a) will promptly pay in full and discharge all Property Assessments, and (b) will furnish to Lender, upon demand, the receipted bills for such Property Assessments prior to the day upon which the 12