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<br />200808234 <br /> <br />Loan Party that may be owing to the Agent, any of its Related Parties or any Lender <br />pursuant to the Loan Documents and expressly survive termination of the Credit <br />Agreement or any other Loan Document). <br /> <br />SECTION 6.06. Governinll Law: Construction. This Deed of Trust shall be <br />governed by the law of the state in which the Land is situated. <br /> <br />SECTION 6.07. Successors and Assigns The covenants and agreements of Trustor <br />hereunder, and the provisions hereof affecting Trustor, shall bind Trustor hereunder, its successors <br />and assigns and all Persons claiming by, through or under Trustor and shall inure to the benefit of <br />Trustor and its successors and permitted assigns. The rights and privileges of Beneficiary hereunder, <br />and the provisions hereof affecting Beneficiary, shall inure to the benefit of Beneficiary hereunder <br />and its successors and assigns. <br /> <br />SECTION 6.08. Waiver. Trustor waives, on behalfofitselfand all Persons now or <br />hereafter interested in the Premises or the other Mortgaged Property, to the fullest extent permitted <br />by applicable law, (i) all rights under all appraisement, homestead, moratorium, valuation, <br />exemption, stay, extension, redemption, single action, election of remedies and marshalling statutes, <br />laws or equities now or hereafter existing, (ii) any benefit of any law providing for the valuation or <br />appraisal of the Premises or the other Mortgaged Property or any part thereof prior to any sale <br />thereof; (Hi) after any such sale, claim or exercise any right to redeem the property so sold or any <br />part thereof; (iv) all benefit or advantage of any such law and covenants not to hinder, delay or <br />impede the execution by Beneficiary of any power or remedy herein granted or available at law or in <br />equity, but to suffer and permit the execution of every power and remedy as though no such law <br />existed and (v) any and all requirements that at any time any action may be taken against any other <br />Person. Trustor hereby acknowledges and agrees that no defense based on any of the foregoing will <br />be asserted in any action enforcing this Deed of Trust. <br /> <br />SECTION 6.09. WAIVER OF JURY TRIAL. TRUSTOR AND BENEFICIARY <br />HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE, TO THE FULLEST EXTENT <br />PERMITTED BY APPLICABLE LAW, TRIAL BY JURY IN ANY LEGAL ACTION OR <br />PROCEEDING RELATING TO THIS DEED OF TRUST, THE NOTE OR ANY OTHER LOAN <br />DOCUMENT OR FOR ANY COUNTERCLAIM THEREIN. <br /> <br />SECTION 6.10. No Redemption. Trustor hereby waives, to the fullest extent <br />permitted by applicable law, any and all rights of redemption from sale under any order or decree of <br />foreclosure of this Deed of Trust or under any power contained herein on its own behalf and on <br />behalf of each and every Person acquiring any interest in or title to the Premises subsequent to the <br />date of this Deed of Trust. <br /> <br />SECTION 6.11. Limitation by Law. All rights, remedies and powers provided in this <br />Deed of Trust may be exercised only to the extent that the exercise thereof does not violate any <br />applicable provision oflaw, and all the provisions of this Deed of Trust are intended to be subject to <br />all applicable mandatory provisions of law which may be controlling and to be limited to the extent <br />necessary so that they will not render this Deed of Trust illegal, invalid, unenforceable, in whole or <br />in part, or not entitled to be recorded, registered, or filed under the provisions of any applicable law. <br /> <br />-21- <br />