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<br />200902250
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<br />Obligations shall mean all indebtedness and other obligations of the Grantor to the
<br />Beneficiary, the Lenders and the Issuer of every type and description, whether now existing or
<br />hereafter arising, fixed or contingent, as primary obligor or as guarantor or surety, acquired
<br />directly or by assignment or othernrise, liquidated or unliquidated, regardless of how they arise or
<br />by what agreement or instrument they may be evidenced, including, without limitation,
<br />indebtedness under all loans, advances and other extensions of credit made to or for the account
<br />of the Grantor, and all covenants, agreements and provisions contained in this Deed of Trust and
<br />in any of the Credit Agreements.
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<br />Permitted Encumbrances shall mean:
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<br />(i) as to the property specifically described in Exhibit "A" hereto, the restrictions,
<br />exceptions, reservations, conditions, limitations, interests and other matters which are set forth or
<br />referred to in such descriptions; and
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<br />(ii) as to the Trust Estate, any Lien permitted under the Credit Agreements.
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<br />Potential Default shall mean the occurrence of any event which with the giving of notice
<br />and/or the passage of time and/or the occurrence of any other condition would ripen into an
<br />Event of Default.
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<br />Trust Estate shall have the meaning specified in Section 2.01.
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<br />ARTICLE D.
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<br />GRANTING CLAUSES
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<br />Section 2.01. Granting Clauses. In order to secure the repayment of the Obligations,
<br />whether such Obligations are made pursuant to a commitment, made at the option of the
<br />Beneficiary, made after a reduction to zero or other balance, or made othenvise, and to declare
<br />the terms and conditions upon which the Obligations are to be secured, the Grantor, in
<br />consideration of the premises, does hereby grant, bargain, sell, alienate, convey, assign, transfer,
<br />mortgage, hypothecate, pledge, set over and confirm tulto the Beneficiary, and its respective
<br />assigns the following (all of which are hereinafter collectively called the "Trust Estate"):
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<br />All right, title and interest of the Grantor in and to those fee and leasehold estates in real
<br />property described in Exhibit "A" hereto, subject in each case to those matters set forth in such
<br />Exhibit, together with all buildings, improvements, fixed assets, personalty and fixtures now or
<br />in the future annexed, affixed or attached to said real property or said buildings, improvements or
<br />structures located thereon; and
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<br />All right, title and interest of the Grantor in, to and under any and all grants, privileges,
<br />rights of way, easements and other similar interest now owned, held, leased, enjoyed or
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