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200314372 <br />TABLE OF CONTENTS <br />2 <br />Page <br />Background...................................................................................................... ............................... 1 <br />GrantingClauses .............................................................................................. ............................... 2 <br />Termsand Conditions ...................................................................................... ............................... 4 <br />1. <br />Warranty of Title ...................................................................... ............................... <br />4 <br />2. <br />Payment of Obligations ............................................................ ............................... <br />4 <br />3. <br />Requirements ............................................................................. ..............................4 <br />4. <br />Payment of Taxes and Other Impositions ................................ ............................... 5 <br />5. <br />Insurance .................................................................................. ............................... 5 <br />6. <br />Restrictions on Liens and Encumbrances ................................. ............................... 6 <br />7. <br />Due on Sale and Other Transfer Restrictions ........................... ............................... 6 <br />8. <br />Condemnation/Eminent Domain .............................................. ............................... 6 <br />9. <br />Leases ....................................................................................... ............................... 6 <br />10. <br />Further Assurances ................................................................... ............................... 6 <br />11. <br />Beneficiary's Right to Perform ................................................ ............................... 6 <br />12. <br />Events of Default ...................................................................... ............................... 7 <br />13. <br />Remedies .................................................................................. ............................... 7 <br />14. <br />Right of Beneficiary to Credit Sale .......................................... ............................... 9 <br />15. <br />Appointment of Receiver ......................................................... ............................... 9 <br />16. <br />Extension, Release, etc ............................................................. ............................... 9 <br />17. <br />Security Agreement under Uniform Commercial Code ......... ............................... <br />10 <br />18. <br />Assignment of Rents .............................................................. ............................... <br />10 <br />19. <br />Additional Rights ................................................................... ............................... <br />11 <br />20. <br />Notices ...................................................................................... .............................11 <br />21. <br />No Oral Modification ............................................................. ............................... <br />12 <br />22. <br />Partial Invalidity ....................................................................... .............................12 <br />23. <br />Grantor's Waiver of Rights .................................................... ............................... <br />12 <br />24. <br />Remedies Not Exclusive ........................................................ ............................... <br />13 <br />25. <br />Multiple Security .................................................................... ............................... <br />13 <br />26. <br />Successors and Assigns .......................................................... ............................... <br />14 <br />27. <br />No Waivers, etc ...................................................................... ............................... <br />14 <br />28. <br />Governing Law, etc ................................................................ ............................... <br />15 <br />29. <br />Certain Definitions ................................................................. ............................... <br />15 <br />30. <br />Last Dollars Secured; Priority .................................................. .............................15 <br />31. <br />Release ..................................................................................... .............................15 <br />32. <br />Request for Notice .................................................................. ............................... <br />16 <br />053114- 1025- 08505- NY01.2330402.1 <br />