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<br /> � . ., advances are obligatory or to be made at the option of�eneficiary, or otherwise, as � � �
<br /> , aze made within twenty (20) years from the datc hereof, to the same extent as if such -
<br />_ future advances were made on the date of the execution of this Indentuae, although �
<br /> „ there may be no advance made at the time of execudon of this Indenture and although �
<br /> there may be no indebtedness hereby secured autstanding at the time any advance is �� "' �
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<br /> rnade. The lien of this Indenture shall be valid as to all indebtedness hereby secured,
<br /> including future advances,fYOm the time of its filing far record in the recorder's or "., `„
<br /> � , registrar's of�ce of the counry in which the Mortgaged Premises aze located. The ;
<br /> tutal amount of indebtedness hereby secured may increase or decrease from time eo ' •
<br /> time, but the total unpaici balance of indebtedness hereby secured (including . . ,�
<br /> � . disbursements which �3enef+ciary may make under this Indenture, the Credit .. � �-
<br /> ' Agreement or any other documents related thereto) at any one time outstanding shall � �°''
<br /> not exceed a maximum principal amount of One Hundred Twenty Million Five ` � r�_
<br /> Hundred Thousand Dollars ($120,500,000) plus interest thereon and any � "
<br /> disbursements made for payment of taxes, special assessments or insurance on the �
<br /> Mortgaged Premises and interest on such disbursements (all such indebtedness being � ,;,,.,;,Y„�
<br /> - hereinafter referred ta as the "ma�cimum amount secured hereby"). This Indenture ��`�"
<br /> shall be valid and have priority over all subsequent liens and encumbrances,including �"!�
<br /> � statutory liens, excepting solely taxes and assessments levied on the Mortgaged � ' ��
<br /> Premises,to the extent of the maximum amount secur�d hereby. : �}•`
<br /> 3S. Multisite Real Estate Transactia�t. Grantor acknowledges that this � �'•
<br /> . : Indenture is ane of several deeds of trust, mortgages and other security documents �'"' ��
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<br /> (the aforesaid being together called the "Other Securiry Documents") which secure the •' �� •
<br /> indebtedness evidenced by the Notes, the Credit Agreement and the Applications. ,;,��T ' �.
<br /> ", orantor agrees that the lien of this Indenture shall be absolute and unconditional and ;/'�f
<br /> shall not in any manner be affected or impaired by any acts or omissions whatsoever I '
<br /> of the Trustee or Beneficiary and,without limidng the generality of the foregoing,the I ' ' .4
<br /> lien herea f s h a l l n o t b e i m p a i r e d b y a n y a c c e p t a n c e b y t h e Trustee or Bene�ci a ry of ��
<br /> any sccurity for vr g�iarantors upon any of the indebtedness hereby secured,or by any ' �%�"'�'-'
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<br /> , failure, neglect or omission on the part of the Trustee or Beneficiary to realize upon , :;,;�
<br /> . . or protect any of the indebtedness hereby secured or any security thsrefor including I . ., �
<br /> the Other Security Documents. The lien hereof shall not in any manner be impaired ; r"�
<br /> or affected by any release(except as to the property released), sale,pledge,surrender, � ��;�•
<br /> compromise, settlement, renewal, extension, indulgence, alteration, changing, ! "
<br /> ,� � modification or disposition of a�ny of the indebtedness hereby secured or of any of the � �'�
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<br /> . ; ._ • collateral security therefor, including, without limitation, the Other Security �� �
<br />�" ' Doeuments or of any guarantee thereof, and the Trustee and/or Beneficiary may at
<br /> their discretion foreclose,exercise any power of sale, or exercise any nther remedy ,
<br /> available to it under any or all of the Other Security Documents without first �
<br /> exercising or enforcing any of its right and remedies hereunder. Such exercise of
<br /> � Trustee's or Beneficiary's rights and remedies under any or all of the Other Security •
<br /> Documents shall not in any manner impair the indebtedness hereby secured, except to
<br /> � the extent of payment, or the lien of this Indenture and any exercise of the rights or '
<br /> remedies of Trustee and/or Bene�ciary hereunder shall not impair the lien of any of
<br /> � the Other Security Documents or any of Trustee's or Beneficiary's rights and
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