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2oioo79i7 herein contained, and for the uses and purposes and upon the terms, conditions, provisions and agreements hereinafter expressed and declared. ARTICLE III. PARTICULAR REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE GRANT�R The Grantor represents, warrants and, except as otherwise permitted by the Beneficiary, covcnants with the Beneficiary as follows: Section 3.01. Authority to Execute and Deliver this Deed of Trust; All Action Taken; Enforcea�le Obligations. The Grantor is authorized under its articles of incorporation and bylaws or other applicable organizational documents and all applicable laws and by corparate or organizational action to execute and deliver this Deed af Trust; and this Deed of Trust is, and any amendment, supplement or restatement of this Deed of Trust, when executed and delivered wrll be, the legal, valid and binding oblrgations of the Grantor which are enforceable in accardance with their respective terms. Section 3.U2. Authority to Convey Trust Estate; No Liens; Exception for Perrnitted Encumbrances; Grantor to Defend Title and Remove Liens. The Grantor has good and nnarketable title to all fee and leasehold estates in real praperty and gond, xight and lawful authority to conv�y the Trust Estate fox the purposes herein expressed. The Trust Estate is free and clear af any Lien affecting the title thereto, except Permitted Encumbrances. The Grantor will, so lnng as any of the Indebtedness shall remain unpaid or the Credit Agreement shall remain in effect, maintain and preserve the Lien of this Deed of Trust superior to all other Liens, nther than Permitted Encurnbrances, and will forever warrant and defend the title to the Trust Estate against any and all claims and dernands. Section 3.03. No Encumbrances on Trust Estate. The Grantor will not create, incur, suffer or permit to exist any Lien on any of the Trust Estate, except for Permitted Encumbrances. Except far claims giving rise to Permitted Encuinbrances, the Grantor will promptly pay or dischaxge any and all obligations for or on account af which any such Lien might exist. Section 3.04. transfer any of the Agreernent. Sale or Transfer of Trust Estate. The Grantor shall not sell, lease or Trust Estate ta any persan or entity except as permitted in the Credit Sectian 3.05. Payrnent of Obligations. The Grantor will duly and punctually pay all arnounts due under the Indebtedness, at the dat�s and places and in the manner provided in the Debt Instruments, and all other sums becoming due hereunder. Section 3.06. Preservation of Franchises and Compliance with Laws. The Grantor will take or cause to be taken all such action as may from time to time be necessary to obtain, preserve and renew all franchises, rights of way, easements, permits, and licenses now ar hereafter granted or upon it coxiferred necessary to the operatians of the Grantnr, and wiil cornply in all rnaterial respects v�ith all laws, ordinances, regulations, and requirements a�plicable to it or the Trust Estate. 5