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<br />Section 2.4 Secured Obligations. This Deed of Trust secures, and the Mortgaged
<br />Property is collateral security for, the payment and performance in full when due of the Secured Obliga-
<br />tions,
<br />Section 2.5 Future Advances. This Deed of Trust shall secure all of the Secured
<br />Obligations, including, without limitation, future advances whenever hereafter made with respect to or
<br />under the Credit Agreement or, the other Loan Documents and shall secure not only Secured Obligations
<br />with respect to presently existing indebtedness under the Credit Agreement and the other Loan Docu-
<br />ments, but also any and all other, indebtedness which may hereafter be owing by the Grantor to the Se-
<br />cured Parties under the Credit Agreement and the other Loan Documents, however incurred, whether in-
<br />tetest, discount or otherwise, and whether the same shall be deferred, accrued or capitalized, including
<br />future advances and re- advances, pursuant to the Credit Agreement or the other Loan Documents,
<br />whether such advances are obligatory or to be made at the option of the Secured Parties, or otherwise, and
<br />any extensions, refinancings, modifications or renewals of all such Secured Obligations, whether or not
<br />the Grantor executes any extension agreement or renewal instrument and, in each case, to the same extent
<br />as if such future advances were made on the date of the execution of this Deed of Trust.
<br />Section 2.5 Maximum Amount of Indebtedness. The maximum aggregate amount
<br />of all indebtedness that is or under any contingency may be secured at the date hereof or at any time here -
<br />after by this Deed of Trust is $2,07.5,000,000,00 (the "Secured Amount "), plus, to the extent permitted by
<br />applicable law, collection costs, sums advanced for the payment of taxes, assessments, maintenance and
<br />repair charges, insurance premiums and any other costs incurred to protect the security encumbered
<br />hereby or the lien hereof, expenses incurred by Trustee or Beneficiary by reason of any default by the
<br />Grantor under the terms hereof, together with interest thereon, all of which amount shall be secured
<br />hereby.
<br />ARTICLE 3
<br />WARRANTIES REPRESENTATIONS AND COVENANTS
<br />Grantor warrants, represents and covenants to Beneficiary as follows:
<br />Section 3.1 Title to Mort�-,a�4ed Property and Lien of This Instrument. Grantor
<br />has good valid and insurable fee simple title to the Premises and good title or valid rights and interests in
<br />and to the balance of the Mortgaged Property and the landlord's interest under or in respect of the Master
<br />Leases, in each case free and clear of any liens, claims or interests, except the Permitted Encumbrances
<br />and the Permitted Liens. This Deed of Trust creates valid, enforceable first priority liens and security in-
<br />terests against the Mortgaged Property,
<br />Section 3.2 First Lien Status. Grantor shall preserve and protect the first lien and
<br />security interest status of this Deed of Trust and the other Loan Documents. If any lien or security inter-
<br />est other than a Permitted Encumbrance or a Permitted Lien is asserted against the Mortgaged Property,
<br />Grantor shall promptly, and at its expense, pay the underlying claim in full or take such other action so as
<br />to cause it to be released or contest the same in compliance with the requirements of the Credit Agree-
<br />ment (including the requirement of providing a bond or other security satisfactory to Beneficiary)
<br />Section 3.3 Payment and Performance. As, and to the extent, required by the
<br />terms of the Credit Agreement and other Loan Documents, Grantor shall pay the Secured Obligations
<br />when due under the Credit Agreement and the other Loan Documents and perform the Secured Obliga-
<br />tions in full when they are requited to be performed.
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