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200512344
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Last modified
12/19/2005 2:45:43 PM
Creation date
12/19/2005 2:45:41 PM
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DEEDS
Inst Number
200512344
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<br />- 2 - <br /> <br />200512344 <br /> <br />WIT N E SSE T H: <br /> <br />WHEREAS, Morris Communications Company, LLC, a Georgia limited liability <br />company, the Trustor, certain lenders (collectively, the "Lenders") and the Beneficiary are parties <br />to a Credit Agreement dated as of December 14, 2005 (said Credit Agreement, as modified, <br />supplemented and restated and in effect from time to time, being herein called the "Credit <br />Agreement"; except as otherwise herein expressly provided, all terms defined in the Credit <br />Agreement being used herein as defined therein), which Credit Agreement provides for loans to <br />be made by the Lenders to the Trustor in an aggregate principal amount not exceeding <br />$350,000,000 (which amount may be increased to $700,000,000 in accordance with the terms <br />and conditions of the Credit Agreement); <br /> <br />WHEREAS, the Trustor may from time to time be obligated to pay to one or more <br />of the Lenders or affiliates thereof (each, a "Swap Provider") in respect of one or more Interest <br />Rate Protection Agreements as permitted by the Credit Agreement (such obligations being herein <br />referred to as the "Interest Rate Protection Obligations") which amounts are payable by the <br />Trustor to the Swap Providers as additional interest in connection with the loans under the Credit <br />Agreement; <br /> <br />WHEREAS, the Trustor may from time to time be obligated to pay to one or more <br />other parties (each, a "Swingline Lender") in respect of Swingline Indebtedness as permitted by <br />the Credit Agreement (such obligations being herein referred to as the "Swingline Indebtedness <br />Obligations"); <br /> <br />WHEREAS, it is a condition to the obligation of the Lenders to extend credit to <br />the Trustor pursuant to the Credit Agreement that the Trustor execute and deliver this Deed of <br />Trust; <br /> <br />NOW, THEREFORE, for good and valuable consideration, the receipt of which is <br />hereby acknowledged, and FOR THE PURPOSE OF SECURING the following (collectively, <br />the "Obligations"): <br /> <br />(a) the payment of all indebtedness under the Credit Agreement, including the <br />initial Loans and any and all reborrowings, future advances and readvances thereunder <br />and modifications, extensions, substitutions, exchanges and renewals of the Credit <br />Agreement (each of which reborrowings, future advances, readvances, modifications, <br /> <br />Deed of Trust <br /> <br />NY3:#7374669 <br />
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