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200802659 attorney-in-fact with full power of substitution to complete the Improvements in the name of Borrower and hereby empowers Secured Party as said attorney-in-fact as follows: (a) to use any funds of Borrower, including any funds held in escrow and any funds which may remain unadvanced under the Note for the purpose of completing the Improvements in the manner called for by the Plans; (b) to make such additions, changes and corrections in the Plans which shall be necessary or desirable to complete the Improvements; (c) to employ such contractors, subcontractors, agents, architects and inspectors as shall be required to complete the Improvements; (d) to enforce or otherwise without limitation deal with any bond or insurance policy required under the terms hereof or the Loan Agreement or with the insurers or sureties thereof in all respects as Borrower might do in its own behalf; (e) to pay, settle, or compromise all existing bills and claims which are or may be liens against the Property or Improvements, or may be necessary or desirable for timely completion of the Improvements or the clearance of title to the Property; (1) to execute all applications and certificates in the name of Borrower which may be required by any contract respecting the Improvements and to do any and every act with respect to the construction of the Improvements which Borrower might do in its own behalf; (g) to prosecute and defend all actions or proceedings in connection with the Improvements and to take such action and require such performance as is deemed necessary; (h) to do every act in the name of Borrower and to make, execute and deliver every instrument necessary for the consummation of all of the transactions contemplated by the Loan Agreement; (i) to endorse in Borrower's name any check, draft, or other remittance received by Secured Party as said attorney-in-fact and to apply the funds so received to the construction' of the Improvements or at Secured Party's option to the payment of the indebtedness of Borrower to Secured Party secured by this Deed of Trust. The foregoing power of attorney is a power coupled with an interest and cannot be revoked. ARTICLE 6 TRUSTEE 6.1 Resignation; Substitution. Trustee may resign by the giving of notice of such resignation in writing or verbally to Secured Party. If Trustee shall die, resign, or become disqualified from acting in the execution of this trust, or if, for any reason, Secured Party shall prefer to appoint a substitute trustee or multiple substitute trustees, or successive substitute 20 AM I 57:OAM57:667038: 5:LOUISVILLE 3/20/08