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<br /> <br /> <br /> 200901647 <br /> <br /> EXHIBIT B <br /> <br /> MODIFICATIONS TO INSTRUMENT <br /> (Bankruptcy) <br /> <br /> The following modifications are made to the text of the Instrument that precedes this <br /> Exhibit: <br /> <br /> The following terms, when used in the Instnunent, shall have the following meanings: <br /> "Bankruptcy Event" means any one or more of the following: (i) the commencement of <br /> a voluntary case under one or more of the Insolvency Laws by the Borrower; (ii) the <br /> acknowledgment in writing by the Borrower that it is unable to pay its debts generally as <br /> they mature; (iii) the making of a general assignment for the benefit of creditors by the <br /> Borrower; (iv) an involuntary case under one or more Insolvency Laws against the <br /> Borrower; or (v) the appointment of a receiver, liquidator, custodian, sequestrator, trustee <br /> or other similar officer who exercises control over the Borrower or any substantial part of <br /> the assets of the Borrower provided that any proceeding or case under (iv) or (v) above is <br /> not dismissed within 90 days after filing. <br /> "Borrower Affiliate" means, as to either Borrower or Key Principal, (i) any entity that <br /> directly or indirectly owns, controls, or holds with power to vote, 20 percent or more of <br /> the outstanding voting securities of Borrower or of Key Principal; (ii) any corporation 20 <br /> percent or more of whose outstanding voting securities are directly or indirectly owned, <br /> controlled or held with power to vote by Borrower or by Key Principal; (iii) any partner, <br /> shareholder or, if a limited liability company, member of Borrower or Key Principal; or <br /> (iv) any other entity that is related (to the third degree of consanguinity) by blood or <br /> marriage to Borrower or Key Principal." <br /> "Insolvency Laws" means the United States Bankruptcy Code, 11 U.S.C. § 101, et seq., <br /> together with any other federal or state law affecting debtor and creditor rights or relating <br /> to the bankruptcy, insolvency, reorganization, arrangement, readjustment of debt, <br /> dissolution, liquidation or similar proceeding, as amended from time to time, to the extent <br /> applicable to the Borrower. <br /> 1. The definition of "Transfer" in Section 1 is modified to replace the reference in (E)(ii) <br /> to the "United States Bankruptcy Code" with "Insolvency Laws." <br /> 2. Section 12(a) is modified to read as follows: <br /> <br /> "(a) If Borrower fails to perform any of its obligations under this Instrument or any <br /> other Loan Document, or if any action or proceeding (including a Bankruptcy <br /> Event) is commenced which purports to affect the Mortgaged Property, Lender's <br /> security or Lender's rights under this Instrument, including eminent domain, <br /> insolvency, code enforcement, civil or criminal forfeiture, enforcement of <br /> Hazardous Materials Laws, fraudulent conveyance or reorganizations or <br /> proceedings involving a bankrupt or decedent, then Lender at Lender's option <br /> may make such appearances, disburse such sums and take such actions as Lender <br /> reasonably deems necessary to perform such obligations of Borrower and to <br /> protect Lender's interest, including (1) payment of fees and out-of-pocket <br /> expenses of attorneys, accountants, inspectors and consultants, (2) entry upon the <br /> Mortgaged Property to make repairs or secure the Mortgaged Property, (3) <br /> Modifications to Instrument - Bankruptcy Form 4094 Page B-1 <br /> Fannie Mae 09-08 © 2008 Fannie Mae <br />