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200507874 OTHER LOAN DOCUMENTS GOVERNING, EVIDENCING AND SECURING THE INDEBTEDNESS SECURED HEREBY, THIS PARAGRAPH SHALL CONTROL. (1) Integration. PURSUANT TO UTAH CODE ANNOTATED SECTION 25 -5 -4, BORROWER IS NOTIFIED THAT THIS SECURITY INSTRUMENTS, THE NOTE AND OTHER LOAN DOCUMENTS GOVERNING, EVIDENCING AND SECURING THE INDEBTEDNESS SECURED HEREBY REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. (m) Mechanic's and Materialman's Liens. (i) If there shall be any construction, renovation or improvement of the Property, whether with respect to a casualty, condemnation or otherwise, Borrower shall timely comply with all requirements of Title 38 Part of Utah Code Annotated with regard to filings and notices and further agrees that Lender may file a Notice of Commence and Notice of Completion as contemplated by Utah Code Annotated Section 38 -1 -28 and Utah Code Annotated Section 38 -1 -33, in each case in the State Construction Registry of the State of Utah. Borrower shall cause Lender to be named as a person interested in receiving electronic notices of all filings with respect to the Property in the State Construction Registry in accordance with Utah Code Annotated Section 38 -1- 27(3). Borrower shall also provide to Lender copies of all preliminary notices or other notices filed by any contactor, subcontractor or supplier with respect to the Property. Borrower shall, upon completion of the Improvements, promptly file a notice of completion in the State Construction Registry as permitted by Utah Code Annotated Section 38 -1 -33. (ii) Borrower shall pay and promptly discharge, at Borrower's cost and expense, all liens, encumbrances and charges upon the Property, or any part thereof or interest therein whether inferior or superior to this Security Instrument and keep and maintain the same free from the claim of all persons supplying labor, services or materials that will be used in connection with or enter into the construction of any and all buildings now being erected or that hereafter may be erected on the Property regardless of by whom such services, labor or materials may have been contracted, provided, however, that Borrower shall have the right to contest any such claim or lien so long as Borrower previously records a notice of release of lien and substitution of alternate security as contemplated by Utah Cade Annotated Section 38 -1 -28 and otherwise complies with the requirements of Utah Code Annotated Section 38 -1 -28 to release the Property from such lien or claim. Notwithstanding the foregoing, Borrower may, with the prior written consent of Lender, contest the amount of any such lien or claim related to services, labor or materials in accordance with Utah Cade Annotated Section 38 -1 -28(7) without previously recording a notice of release of lien and substitution of alternate security. (iii) If Borrower shall fail to remove and discharge any such lien, encumbrance or charge, or if Borrower shall dispute the amount thereof in contravention of the requirements hereof, then, in addition to any other right or remedy of Lender, Lender may, but shall not be obligated to, discharge the same either by paying the amount claimed to be due or by procuring the release of the Property from the effect of such lien, encumbrance or charge by obtaining a bond in the name of and for the account Borrower and recording a notice of release of lien and substitution of alternate security in the name of Borrower, each as contemplated by Utah Code Annotated Section 38 -1 -28 or other applicable law, or otherwise by giving security for such claim. Borrower shall, immediately upon demand therefor by Lender, pay to Lender an amount equal to all costs and expenses incurred by Lender in connection with the exercise by Lender of the foregoing right to discharge any such lien, encumbrance or charge, including costs of any bond or additional security, together with interest thereon from the date of such expenditure at the default rate set forth in the Note. (n) Reinstatement. If Borrower, Borrower's successor in interest or any other person having a subordinate lien or encumbrance of record on the Property, reinstates this Security Instrument and the Loan within three (3) months of the recordation of a notice of default in accordance with Utah Code Annotated § 57- 1- 31(1), 103