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�� be effectivc as a financing statcment filed as a fixture filing and when Fled shall sezve as a �nancing statement for all intents and purposes thereunder. For purposes of this filing, Grantor is ihe record owner af the Property. The name and rnailing address of Grantor, as debtor, and the narn� and mailin�; address of the Authority, as secured party, frarn which information concerning this Financing Statement may be obtained, are set forth in the Preamble of this Security Instrurnent. The Grantor shall immediately advise the Autharity in writing of any change in the state af Grantor's arganization, or Grantor's exact legal na.me, or the places where the Personal Property, or any part thereof, or the books and records concerning the Persanal Property, or any part theareaf, are kept. If any ot' the Property is deemed ta be personal property, this Security Instrument shall also constitute a security agreeznent with respect to such persanal praperty executed by Grantor as debtor in favor of the Authority as secured party. Upon the occurrence of an Event of Default, the Authority may, in addition to and not in deragation of any ather rights and remedies of the Authority under the Section 1642 Subaward Agreement dated as of even date herewith (the "16p2 Agreement"), or any of the other documents evidencing or securing tlie 1602 Agreement (collectively, the "16p2 Dacuments") each executed even date herewith or applicable law, in accordance with Section 9-604 of the i..Tnifoxm Cornmercial Code, as applicable, or other such provisions of the Uniform Commercial Code, elect (a) ta proceed under and have all the rights and remedies of a secured party und�r Article 9 of the Uniform Commercial Cade and any other applicable law, or (b) to proceed as to both the real property and the personal property in accordance with the Authority's rights and remedies in respect af the real property encumbered by this Security Instrument, whereupon at any t'oreclosure sale conducted pursuant to this Security Instrument Trustee acting hereunder may of�'er the real and personal property together as part of the same sale, with bids to be taken on the whole �f the real and personal property rather than separately. Grantor shall promptly natify the Autharity af the existence of any commercial tort claim now or hereaftcr Existing against Grantor or the Property, and shall execute, acknowledge and deliver a security agreement or other documentation as thc Autharity shall from time to tizne require to acquire and perfect a valid and binding security interest in such commercial tort claizn, TO HAVE AND TO HOLD the above-described Premises, with all rights, privileges, and appurtenances thereto belonging, or in any way appertaining, unta said Trustee, forever, and possession o� said Premises and praperty is now delivered unto the Trustee, in trust, however, for the following purposes: THIS RECAPTURE DEED O�' TRUST SHALL SECURE THE �'OLLOWING OBLIGATIONS AND THE PERFORMANCE OF THE GR.ANTOR UNDER THE 1G02 �GREEMENT (collectively, the "Obligatians"): (a) Payrnent �f the abligations owed by Grantor to the Authority under the 1602 Agreennent with respect to the subaward in the sum of $935,295 (the "Subaward") together with all extensions, renewals, arnendments and madifications thercof; and Re<apture Deed of Trust and 5ecurity Agreement 4834-8456-�838.2