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ARTICLE I DEFINITIONS 1. The term "Expiration Date" means the date upon which the Promissory Note has been paid in full, and all other obligations the performance of which is secured by this Deed of Trust have been satisfied. ` 2. "Property" means the real property referred to in Exhibit A attached hereto. 3. "Security"' m ans the Property and all appurtenant improvements. ARTICLE H MAINTENANCE E AID MODIFICATION OF THE PROPERTY AND SECURITY; RELEASE UPON PAYMENT Section 2.1 Maintenance and Modification of the Proprrty by Trustor. The Trustor agrees that at all times prior to tie. Expiration Date., the Trustor gill, at the Trustor's own expense, rn a i ntain and preserve the Property. Section 2.2 Release ase of Security. Upon its receipt of the repayment of all amounts due under the Promissory Note, and all other obligations the performance of which is secured by this Deed of Trust have been satisfied, the Beneficiary shall, upon the request of the Trustor, deliver to the Trustor such instruments as are reasonably necessary to confn the release of the Security from the lien of this Deed of 'Trust. ARTICLE III REPRESENTATIONS, COVENANTS AND WARRANTIES F THE T RU TO 1 Section 3.1 Defense of the Title. The Trustor covenants that it is lawfully seized and possessed of title in fee simple to the Property, that it has good right to sell, convey or other-wise Iran sfer or e n cu mber the s ame } a n d th at the Tru s tor* fo r i is l f and i is s ucces sors and as s i gn s, wants and will forever defend the right and title to the foregoing described and conveyed property unto the Beneficiary, its successors and assigns, against the claims of all persons whomsoever, excepting only encumbrances approved by the Beneficiary. Section 3.2 Inspection of the Property. The Trustor covenants and agrees that at any and all reasonable ti and upon reasonable noti x the Beneficiary and its duly authorized agents, attorneys, experts, engineers, accountants and representatives, s h all have the right, without payment of h arges or fees, to inspect the Property. ATTACHMENT PTO. -3 DO CS 00 1400673 v 14/20027 2 •0001