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200507874 <br />(o) the right, in the name of and on behalf of Borrower, to appear in and defend any now <br />existing or hereafter arising action or proceeding brought with respect to the Premises, the Improvements, <br />the Fixtures or the Equipment and to commence any action or proceeding to protect the interest of Lender <br />in the Premises, the Improvements, the Fixtures or the Equipment; and <br />(p) all proceeds, products, substitutions and accessions (including claims and demands <br />therefor) of each of the foregoing. <br />All of the foregoing items (a) through (p), together with all of the right, title and interest of Borrower <br />therein, are collectively referred to as the "Pro a I- <br />TO HAVE AND TO HOLD the above granted and described Property unto Trustee, in trust, for the proper <br />use and benefit of Lender, and the successors and assigns of Lender in fee simple, forever. <br />PROVIDED, ALWAYS, and these presents are upon this express condition, if Borrower shall well and <br />truly pay and discharge the Debt and perform and observe the terms, covenants and conditions set forth in the Loan <br />Documents, then these presents and the estate hereby granted shall cease and be void. <br />AND Borrower covenants with and warrants to Lender that: <br />ARTICLE 1: DEFINITIONS <br />Section 1.01. Certain Definitions. <br />For all purposes of this Security Instrument, except as otherwise expressly provided or unless the context <br />clearly indicates a contrary intent: <br />(i) the capitalized terms defined in this Section have the meanings assigned to them in this <br />Section, and include the plural as well as the singular; <br />(ii) all accounting terms not otherwise defined herein have the meanings assigned to them in <br />accordance with GAAP; and <br />(iii) the words "herein ", "hereof', and "hereunder" and other words of similar import refer to <br />this Security Instrument as a whole and not to any particular Section or other subdivision. <br />"Affiliate" of any specified Person shall mean any other Person directly or indirectly Controlling or <br />Controlled by or under direct or indirect common Control with such specified Person. <br />"Awegate Debt_ Service Coverage" shall mean the quotient obtained by dividing the aggregate Net <br />Operating Income for all of the Cross - collateralized Properties for the specified period by the aggregate payments of <br />interest and principal (not including the amount of principal payable upon Maturity) due for such specified period <br />under the Note (determined as of the date the calculation of Aggregate Debt Service Coverage is required or <br />requested hereunder). <br />"Allocated Loan Amount" shall mean the Initial Allocated Loan Amount of each Cross - collateralized <br />Property as such amount may be adjusted from time to time as hereinafter set forth. Upon each adjustment of the <br />Principal Amount (each a "Total Adjustment "), whether as a result of amortization, defeasance or prepayment or as <br />otherwise expressly provided herein or in any other Loan Document, each Allocated Loan Amount shall be <br />increased or decreased, as the case may be, by an amount equal to the product of (a) the Total Adjustment, and (b) a <br />fraction, the numerator of which is the applicable Allocated Loan Amount (prior to the adjustment in question) and <br />the denominator of which is the Principal Amount prior to the adjustment to the Principal Amount which results in <br />the recalculation of the Allocated Loan Amount. However, when the Principal Amount is reduced as a result of <br />Lender's receipt of (a) a Release Price or, in connection with a Release, funds sufficient to prepay a portion of the <br />4 <br />