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g. All architectural, structural and mechanical plans, specifications, design
<br /> documents and studies produced in connection with development of the Land and construction of
<br /> the Improvements (collectively, "Plans"); and
<br /> h. All interests and rights in any private or governmental-grants, subsidies, loans or
<br /> other financing provided in connection with development of the Land and construction of the
<br /> Improvements (collectively, "Financing").
<br /> All of the above-referenced interests of Trustor in the Land, Improvements, Appurtenances,
<br /> Equipment, Leases, Rents, Proceeds, Gross Revenues, Plans and Financing as hereby conveyed
<br /> to Trustee or made subject to the security interest herein described are collectively referred to
<br /> herein as the "Property."
<br /> 2. Obligations Secured. This Deed of Trust is given for the purpose of securing payment
<br /> and performance of the following(collectively, the "Secured Obligations"): (i) all present and
<br /> future indebtedness evidenced by the Note and any amendment thereof, including principal,
<br /> interest and all other amounts payable under the terms of the Note; (ii) all present and future
<br /> obligations of Trustor to Beneficiary under the Loan Documents (defined below); (iii) all
<br /> additional present and future obligations of Trustor to Beneficiary under any other agreement or
<br /> instrument acknowledged by Trustor(whether existing now or in the future) which states that it
<br /> is or such obligations are, secured by this Deed of Trust; (iv) all obligations of Trustor to
<br /> Beneficiary under all modifications, supplements, amendments,renewals, or extensions of any of
<br /> the foregoing,whether evidenced by new or additional documents; and(v) reimbursement of all
<br /> amounts advanced by or on behalf of Beneficiary to protect Beneficiary's interests under this
<br /> Deed of Trust or any other Loan Document as such may be modified, supplemented, amended,
<br /> renewed or extended. The Note, the OPA, this Deed of Trust, and the Affordable Housing
<br /> Regulatory Agreement and Declaration of Restrictive Covenants ("Regulatory Agreement")
<br /> dated as of the date hereof, executed by and between Trustor and Beneficiary and recorded
<br /> substantially concurrently herewith are hereafter collectively referred to as the "Loan
<br /> Documents."
<br /> 3. Assignment of Rents, Issues, and Profits. Trustor hereby irrevocably, absolutely,
<br /> presently and unconditionally assigns to Beneficiary the Rents,royalties, issues, profits,revenue,
<br /> income and proceeds of the Property. This is an absolute assignment and not an assignment for
<br /> security only. Beneficiary hereby confers upon Trustor a license to collect and retain such Rents,
<br /> royalties, issues, profits,revenue, income and proceeds as they become due and payable prior to
<br /> any Event of Developer Default hereunder. Upon the occurrence of any such Event of Developer
<br /> Default, Beneficiary may terminate such license without notice to or demand upon Trustor and
<br /> without regard to the adequacy of any security for the indebtedness hereby secured, and may
<br /> either in person, by agent, or by a receiver to be appointed by a court, enter upon and take
<br /> possession of the Property or any part thereof, and sue for or otherwise collect such rents, issues,
<br /> and profits, including those past due and unpaid, and apply the same,less costs and expenses of
<br /> operation and collection, including reasonable attorneys' fees, to any indebtedness secured
<br /> hereby, and in such order as Beneficiary may determine. Beneficiary's right to the rents,
<br /> royalties, issues, profits, revenue, income and proceeds of the Property does not depend upon
<br /> whether or not Beneficiary takes possession of the Property. The entering upon and taking
<br /> possession of the Property, the collection of such rents, issues, and profits, and the application
<br /> 144\221\1596079.2
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