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WHEREAS,the Mortgagor has agreed to mortgage and grant a security interest
<br /> in the Mortgaged Property,as defined herein and further described in Exhibit A hereto,to secure
<br /> the obligations of the Mortgagor under the Loan Agreement, including its obligation to make
<br /> Loan Repayments and other payments at times and in amounts sufficient to pay when due the
<br /> principal of, premium (if any) on and interest on the Bonds; and
<br /> WHEREAS, as further security for the obligations of the Mortgagor under the
<br /> Loan Agreement, the Mortgagor and the Mortgagee desire that Mortgagor assign to Assignee
<br /> all of the right, title, and interest of Mortgagor in, to, and under any and all leases and
<br /> agreements for the use or occupancy of the Mortgaged Property, or any part thereof, whether
<br /> now or hereafter existing, and Mortgagor desires and intends by this instrument to assign to
<br /> Mortgagee all of the right, title, and interest of Mortgagor in, to, and under any and all such
<br /> leases and agreements; and
<br /> WHEREAS,the Mortgagor and the Mortgagee are not securing the Mortgagor's
<br /> obligations under the Loan Agreement to pay principal, premium on, or interest on the
<br /> Subordinate Bonds by this Mortgage;
<br /> NOW,THEREFORE,in consideration of One Dollar($1.00)and other good and
<br /> valuable consideration, the receipt and sufficiency of which is hereby acknowledged; in
<br /> consideration of the purchase and acceptance of the Bonds by the persons who, from time to
<br /> time, may become the owners thereof; and to secure the due and punctual payment of any and
<br /> all liabilities of the Mortgagor under the Loan Agreement, including(without limitation)Loan
<br /> Repayments and other payments in amounts and at times sufficient to pay the principal of,
<br /> premium(if any)on and interest on the Bonds and the payment of all expenses and advances of
<br /> the Mortgagee and the Trustee under the Loan Agreement,the Indenture and this Mortgage,the
<br /> Mortgagor does hereby grant, bargain, sell, convey, and warrant and assign to the Mortgagee,
<br /> its permitted successors and assigns a lien on and security interest in,and does hereby mortgage
<br /> and pledge unto the Mortgagee, its successors and assigns, forever, with power of sale, the
<br /> following:
<br /> I
<br /> All of its right, title and interest in and to the tracts, parcels and interests in land
<br /> described in Exhibit A hereto (the "Land") and the buildings, structures and other
<br /> improvements now standing or at any time hereafter constructed or placed upon the Land(the
<br /> "Buildings"),including but not limited to(i)all building materials and supplies now or hereafter
<br /> located on the Land and suitable or intended to be incorporated in any building, structure, or
<br /> other improvement located or to be erected on the Land, (ii) all heating, plumbing and lighting
<br /> apparatus, motors, engines, electrical equipment, incinerator apparatus, air conditioning
<br /> equipment,water and gas apparatus,pipes,faucets,and all building service equipment which are
<br /> now or may hereafter be placed or used upon the Land or in any building or improvement now
<br /> 2
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