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2025O5118 5. Borrower warrants as follows: (a) Borrower holds good and marketable title of record to the Property in fee simple, free and clear of all liens and encumbrances other than (i) the first priority deed of trust lien granted by Borrower in favor of the Lutheran Church Extension Fund — Missouri Synod, a Missouri nonprofit corporation, and (ii) any other liens and encumbrances set forth in the legal description of the Property or otherwise filed of record as of the date of this Deed of Trust. (b) Borrower has the full right, power, and authority to execute and deliver this Deed of Trust to Lender. If, after the execution of this Deed of Trust, Lender determines that any part of the Property is subject to a lien which is, or may attain priority over this Deed of Trust other than as described in Subpart (a) above, Lender may give Borrower a notice identifying the lien and Borrower shall satisfy the lien within ten (10) days of receipt of such notice. Subject to the provisions of this paragraph, Borrower warrants and will forever defend the title to the Property against the lawful claims of all person(s). 6. If Borrower fails to perform the covenants and agreements herein contained, Lender may do and pay for whatever is necessary to protect the value of the Property and Lender's rights in the Property, including the paying of any sum secured by a lien which has priority over this Deed of Trust (except that lien or liens described in Section 5(a) above), appearing in Court, paying reasonable attorney fees, and entering the Property to make repairs. Any amount disbursed by Lender under this paragraph shall become an additional debt of Borrower secured by this Deed of Trust, to bear interest from the date of disbursement, and said amount, together with the then -unpaid amount of the Principal Balance, shall bear interest at the highest lawful rate until repaid by Borrower. By way of example and not as an exclusive list, each of the following events shall constitute an Event of Default pursuant to this Deed of Trust: (a) Payment Default. Borrower fails to make any payment when due pursuant to the terms of the Note. (b) Compliance Default. Failure to comply with any other term, obligation, covenant, or condition contained in this Deed of Trust, the Note, or in any related document. (c) Default on Other Payment. Failure of Borrower, within the time required by this Deed of Trust or the Note, to make any payment for taxes or insurance, or any other payment necessary to prevent filing of or to effect discharge of any assessment, charge, or lien. (d) Insolvency or Other Creditor Claims. The insolvency of Borrower, the appointment of a receiver, guardian, or custodian for the benefit of Borrower, any assignment on behalf of Borrower for the benefit of creditors, any type of creditor workout or legal 4