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<br />200802659 <br /> <br />Borrower, as landlord, to tenants of the Property, and such Collateral will be kept at the buildings <br />on the Property and will not be removed therefrom without the consent of the Secured Party and <br />may be affixed to such buildings but will not be affixed to any other real estate. The remedies of <br />the Secured Party hereunder are cumulative and separate, and the exercise of anyone or more of <br />the remedies provided for herein or under the Uniform Commercial Code shall not be construed <br />as a waiver of any of the other rights of the Secured Party including having any Collateral <br />deemed part of the realty upon any foreclosure thereof. If notice to any party of the intended <br />disposition of the Collateral is required by law in a particular instance, such notice shall be <br />deemed commercially reasonable if given at least ten (10) days prior to such intended disposition <br />and may be given by advertisement in a newspaper accepted for legal publications either <br />separately or as part of a notice given to foreclose the lien granted by this Deed of Trust or may <br />be given by private notice if such parties are known to Secured Party. Neither the grant of a <br />security interest pursuant to this Deed of Trust nor the filing of a financing statement pursuant to <br />the Code shall ever impair the stated intention of this Deed of Trust that all Collateral comprising <br />the Property and at all times and for all purposes and in all proceedings both legal or equitable <br />shall be regarded as part of the Property irrespective of whether such item is physically attached <br />to the real property or any such item is referred to or reflected in a financing statement. <br />Borrower authorizes Secured Party to prepare and file all financing statements that it may deem <br />necessary to establi::;h and perfect the priority of Secured Party's security interest in the Property <br />and shall pay all expenses incurred by Secured Party in connection with the amendment, <br />assignment or continuation of any financing statements executed in connection with the <br />Property; and shall give at least thirty (30) days advance written notice of any proposed change <br />in Borrower's name, address, identity, structure or state of organization and authorizes Secured <br />Party prior to or concurrently with such change to prepare and file all additional financing <br />statements that Secured Party deems necessary to establish and perfect the priority of Secured <br />Party's security interest. <br /> <br />4.2 Maintenance of Collateral. Subject to the proVISIOns of this Section, in any <br />instance where Borrower in its sound discretion determines that any Collateral subject to a <br />security interest under this Deed of Trust has become inadequate, obsolete, worn out, unsuitable, <br />undesirable or unnecessary for the operation of the Property, Borrower may, at its expense, <br />remove and dispose of it and substitute and install other items not necessarily having the same <br />function, provided, that such removal and substitution shall not impair the operating utility and <br />unity of the Prope11y. All substituted items shall become a part of the Property and subject to the <br />lien and security interest hereof. Any amounts received or allowed Borrower upon the sale or <br />other disposition of the removed items of Collateral shall be applied first against the cost of <br />acquisition and installation of the substituted items. Nothing herein contained shall be construed <br />to prevent any tenant from removing from the Property trade fixtures, furniture and equipment <br />installed by the tenant and removable by the tenant under its terms of a lease of a portion of the <br />Property, on the condition, however, that the tenant shall at its own cost and expense, repair any <br />and all damages to the Property resulting from or caused by the removal thereof. <br /> <br />4.3 Fixture Filing, This mortgage creates a security interest in goods which are or are <br />to become fixtures related to the real estate described in Exhibit A, shall be effective as a fixture <br />filing and is to be filed in the real estate records. <br /> <br />18 <br /> <br />AM 157:0AM57:667038:5:LOUISVILLE <br />3/20/08 <br />