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200602197 Intangibles including, without limitation, any awards resulting from a change of grade of streets and awards for severance damages; and PROCEEDS All of the rents, revenues, issues, profits and proceeds of any and all of the foregoing. A security interest is granted by this Deed of Trust in that portion of the Mortgaged Estate which constitutes Personal Property pursuant to and as set forth in Article IV hereof. TO HAVE AND TO HOLD the Mortgaged Estate hereby granted or mortgaged or intended to be granted or mortgaged, unto the Trustee, and its successors in trust, heirs and assigns, in fee simple forever. PROVIDED, HOWEVER, that these presents are upon the condition that, if the obligations secured hereby shall be paid when due, and if the Grantor shall keep, perform and observe all and singular the obligations, covenants, agreements and provisions herein expressed to be kept, performed by and observed by or on the part of the Grantor, then this Deed of Trust and the estate and rights hereby granted shall cease, determine and be void, but otherwise shall be and remain in full force and effect. THIS DEED OF TRUST SHALL SECURE THE FOLLOWING INDEBTEDNESS AND OBLIGAI'IONS: (1) Payment of indebtedness evidenced by the Notes and all replacements, renewals, amendments, extensions, substitutions and modifications thereof bearing interest and being payable as provided therein; (2) Payment of all indebtedness and performance of all obligations and covenants of the Grantor under the Loan Agreement and each agreement of the Grantor incorporated by reference therein or herein, or contained therein or herein; (3) Payment of all of the principal of and interest on any future advances under the Notes, the Loan Agreement, this Deed of Trust, and any other instrument or other document given to evidence or further secure the payment and performance of any of the obligations thereunder (collectively, the "Financing Documents "); (4) Payment of all other indebtedness and performance of all other obligations and covenants of the Grantor contained in any Financing Document, together with any other instrument given to evidence or further secure the payment and performance of any obligation secured hereby or thereby; (5) Payment of all sums advanced by the Beneficiary to protect the Mortgaged Estate, with interest thereon at a rate which shall be 3% per annum above the highest rate of interest borne by any of the Series 2006 Bonds or the maximum rate permitted by law if less than such rate from the date of advance by the Beneficiary to the date of payment by the Grantor; and (6) Payment of all other sums, with interest thereon, which may hereafter be owed by the Grantor or its successors or assigns pursuant to the Financing Documents to the Beneficiary or its successors or assigns. -3-