a national banking association with trust powers in Minneapolis, Minnesota(the
<br /> "Trustee"), have agreed to enter into an Indenture of Trust of even date herewith (the
<br /> "Indenture"), pursuant to which the Mortgagee will assign to the Trustee, as security
<br /> for the owners of the Bonds, the Loan Repayments and all other rights and interests of
<br /> the Mortgagee in the Loan Agreement(except for the rights of the Mortgagee
<br /> thereunder relating to expenses, indemnity and advances of the Mortgagee); and
<br /> WHEREAS, the Trustee is authorized by the Indenture to receive as
<br /> part of the Trust Estate any and all other property conveyed, mortgaged, assigned or
<br /> transferred, or in which a security interest is granted, by(among others)the
<br /> Mortgagor, and to hold and apply the Trust Estate pursuant to the provisions of the
<br /> Indenture; and
<br /> WHEREAS, the Mortgagee will assign its interest in this Mortgage to
<br /> the Trustee as further security for the Bonds; and
<br /> WHEREAS, the Mortgagor has agreed to mortgage and grant a security
<br /> interest in the Mortgaged Property, as defined herein and further described in Exhibit
<br /> A hereto, to secure the obligations of the Mortgagor under the Loan Agreement,
<br /> including its obligation to make Loan Repayments and other payments at times and in
<br /> amounts sufficient to pay when due the principal of, premium(if any) on and interest
<br /> on the Bonds; and
<br /> WHEREAS, as further security for the obligations of the Mortgagor
<br /> under the Loan Agreement, the Mortgagor and the Mortgagee desire that Mortgagor
<br /> assign to Assignee all of the right, title, and interest of Mortgagor in, to, and under
<br /> any and all leases and agreements for the use or occupancy of the Mortgaged
<br /> Property, or any part thereof, whether now or hereafter existing, and Mortgagor
<br /> desires and intends by this instrument to assign to Mortgagee all of the right, title, and
<br /> interest of Mortgagor in, to, and under any and all such leases and agreements; and
<br /> WHEREAS, the Mortgagor and the Mortgagee are not securing the
<br /> Mortgagor's obligations under the Loan Agreement to pay principal, premium on, or
<br /> interest on the Senior Bonds by this Mortgage;
<br /> NOW, THEREFORE, in consideration of One Dollar ($1.00) and other
<br /> good and valuable consideration, the receipt and sufficiency of which is hereby
<br /> acknowledged; in consideration of the purchase and acceptance of the Bonds by the
<br /> persons who, from time to time, may become the owners thereof; and to secure the
<br /> due and punctual payment of any and all liabilities of the Mortgagor under the Loan
<br /> Agreement, including(without limitation) Loan Repayments and other payments in
<br /> amounts and at times sufficient to pay the principal of, premium(if any) on and
<br /> interest on the Bonds and the payment of all expenses and advances of the Mortgagee
<br /> 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
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