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1998 Certificates and the 1998 Loan pursuant to and subject to the limitations set forth in the Agreement; and (2) the Financing Payments relating to any series of Additional Certificates, pursuant to and subject to the limitations set forth in the Supplemental Agreement pursuant to which such series of Additional Certificates are executed and delivered. To secure payment of the Indebtedness and performance of all obligations of Mortgagor under this Mortgage and the Agreement, Mortgagor mortgages and conveys to Mortgagee: (1) the Mortgagor's undivided percent interest in the Property; (2) the Mortgagor's interest in and to any fixtures now existing or hereafter installed on or in the Property; (3) all improvements now eYisting or hereafter constnicted thereon (the "Improvements"); (4) all of Mortgagor's right, title and interest in and to all rents, revenues, income, issues and profits from such Property, whether now or hereafter due; and (5) all accessions, parts or additions to, all replacement of and all substitutions for any of such property, and all proceeds, including casualty insurance proceeds, .derived therefrom. Notwithstanding anything expressed or implied herein to the contrary, the lien created by this mortgage is not intended to, nor shall it, attach to the Transit District's undivided percent interest in the Property or the Transit District's interest in any item of property described in (2) through (5) above; rather, the only interest covered by the lien of this mortgage is the Mortgagor's undivided percent interest in the Property and the Mortgagor's interest in the other items of property described in (2) through (5) above. THIS iVIORTGAGE IS GRANTED PURSUANT TO THE AUTHORITY CONFERRED UPON THE MORTGAGOR PURSUANT TO ORS 271.390. PURSUANT TO ORS 271.390, THE LIEN OF THIS MORTGACE IS VALID AND BINDING FROM THE TIlV1E THIS MORTGAGE AND THE AGREEMENT ARE ENTERED INTO, AND THE MORTGAGOR'S INTEREST IN THE PROPERTY [S INiMEDIATELY SUBJECT TO THE LIEN OF THIS MORTGAGE WITHOUT PHYSICAL DELIVERY, FILING OR ANY OTHER ACT, AND THE LIEN OF THIS MORTGAGE SHALL BE SUPERIOR TO ALL OTHER CLA[MS AND LIENS OF ANY KIND ~VHATSOEVER. This Mortgage is given and accepted on the following terms and conditions which Mortgagor will promptly and faithfully observe and perform. All terms used herein and not otherwise defined herein shall have the respective meanings assigned thereto in the Definitions AppendiY to the Agreement. MORTGAGE PAGE 2