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��ioo7s3s be effective as a�nancing statement filed as a fixture filing and when filed shall serve as a financing statement for all intents and purposes thereunder. Fvr purposes of this frling, Grantor is the record owner of the Property. The name and mailing address of Grantor, as debtor, and the name and mailing address af the Autharity, as secured party, frorn which information concerning this Financing Statement may be obtained, are set forth in the Preamble of this Security Instrument. The Grantor shall immediately advise the Authority in writing oFany change in the state of Grantor's organization, or Grantor's exact legal name, or the places where the Personal Property, or any part thereof, or the books and records �oncerning the Personal Property, or any part thereof, are kept. If any of the Property is deemed to be Personal Property, this Security Instrument shall also constitute a security agreement with respect to such Personal Property executed by Grantar as debtor in favvr of the Authority as secured party. Upon the occurrence of an Event of Default, the Authority may, in additian to and not in derogation af any other rights and remedies of the Authority under the Section 1602 Subaward Agreement dated as of even date herewith (the "1602 Agreement"), or any of the other docurnents evidencing or securing the ] 602 Agreement (collectively, the "1602 Documents") each executed even date herewith or applicable law, in accordance with Section 9-604 of the Uniform Commercial 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 under Article 9 of the Uniform Comrnercial Code and any other applicable law, or (b) to proceed as to both the Land, Improvements and Personal Property in accordance with the Authority's rights and remedies under this Security Instrument, whereupon at any foreclasure sale conducted pursuant to this Security Instrument Trustee acting hereunder rnay offer the real and Personal Froperty together as part of the same sale, with bids to be taken an the whole of the Land, Improvements and Personal Property rather than separately. TO HAVE AND TO HOLD the above-described Frernises, with all rights, privileges, and appurtenances thereto belonging, nr in any vvay appertaining, unta said Trustee, forever, and possessian of the Premises and property is now delivered untn the Trustee, in trusC, however, for the fallowing purposes: THIS RECAPTURE DEED OF TRUST SHALL SECURE THE FOLLOWING OBLIGATIONS AND THE PERFORMANCE OF THE GRANTOR UNDER THE 1602 AGREEMENT (collectively, the "Obligations"): (a) Payment of the amounts owed by Grantor to the Authority under the 1602 Agreement with respect ta the subaward in the sum of $1,496,825 (the "Subaward") together with all extensions, renewals, amendments and modifications thereof; and (b) Payment of all other obligations and other sums, with interest thereon, which may be owed under, and performance of all other obligations and covenants contained in, the 1602 Documents together with any other instrument given to evidence or further secure the paymettt and performance of any obligation secured hereby ar thereby; and Recapture Deed of Trust and Security Agreement 4848-2546-7143.3