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SECTION 2 <br /> Grantor' s Representations and Agreements <br /> 2 . 1 Title to Mortgaged Property. The Grantor warrants that <br /> Grahtor is seized of the Mortgaged Property and every part thereof <br /> in fee simple and has the right to convey the same in fee clear of <br /> all encumbrances, except for the Permitted Exceptions to Title <br /> (collectively, the "Permitted Exceptions") encumbrances and matters <br /> of title as are set forth in Exhibit B hereto; and that the Grantor <br /> will forever warrant and defend the title to the Mortgaged Property <br /> against the claims of all persons whomsoever, except for claims <br /> arising under the aforesaid encumbrances . <br /> 2 .2 Payment and Performance of Bonds, the Additional Bonds, <br /> Trust Indenture and Deed of Trust . The Grantor shall pay, or cause <br /> to be paid, when due, the principal, prepayment premiums, if any, <br /> and interest with respect to the Bonds and the Additional Bonds, <br /> and all other sums required to be paid under this Deed of Trust and <br /> the Trust Indenture from funds available to the Grantor pursuant to <br /> such documents. The Grantor shall observe and perform all the <br /> covenants, provisions, terms and conditions of the' Bonds, the <br /> Additional Bonds, the Trust Indenture and this Deed of Trust, to be <br /> observed and performed by the Grantor. All of the covenants, <br /> terms, provisions and conditions of the Bonds, the Additional Bonds <br /> and the Trust Indenture are incorporated by reference in this Deed <br /> of Trust and made a part of the same as if fully set forth herein. <br /> 2 .3 Performance of Grantor' s Obligations. If at anytime the <br /> Grantor should neglect, refuse or fail to perform any of its <br /> obligations set forth in this Deed of Trust and the Beneficiary <br /> performs or causes to be performed such obligations, all <br /> expenditures incurred by the Beneficiary shall be part of the <br /> Obligations and shall be secured by this Deed of Trust . All such <br /> payments made by the Beneficiary shall constitute payments for the <br /> protection and preservation of the Beneficiary' s security. <br /> 2 .4 Further Instruments. Upon demand, the Grantor shall <br /> execute and deliver to the Beneficiary, and to any subsequent <br /> beneficiary or successor hereunder, any further instrument or <br /> instruments, including, but not limited to, deeds of trust, <br /> security agreements, financing statements, assignments, notices of <br /> extension, or renewal or substitution obligations necessary to <br /> reaffirm, correct or perfect the security interest and lien of the <br /> Deed of Trust Trustee and the Beneficiary to all or any part of the <br /> Mortgaged Property intended to be given or conveyed hereunder <br /> whether now given or conveyed or acquired and conveyed subsequent <br /> to the date of this Deed of Trust. <br /> 3 <br />