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pursuant to and subject to the limitations set forth in the Supplemeiztal Agreement pLirsuant to which <br />stich series of Additional Certificates are executed and delivered. <br />To secure payment of the Indebtedness and performance of all obligations of <br />Mortgagor under this Mortgage and the Agreement, Mortgagor mortgages and conveys to <br />Mortgagee: <br />(1) the Mortgagor's undivided <br />percent interest in the Property; <br />(2) the Mortgagor's interest in and to any fixtures now existing or hereafter installed <br />on or in the Property; <br />(3) all improvements now existing or hereafter constructed thereon (the <br />"Improvements"); <br />(4) all of Mortgagor's right, title and interest in and to all rents, revenues, income, <br />issues and profits from such Property, whether now or hereafter due; and <br />(5) all accessions, parts or additions to, all replacement of and all substitutions for <br />any of such property, and all proceeds, including casualty insurance proceeds, derived <br />therefrom. <br />~ Notwithstanding anything expressed or implied herein to the contrary, the lien created by this <br />mortgage is not intended to, nor shall it, attach to the Transit District's undivided <br />percent interest in the Property or the Transit District's interest in any item of property described <br />in (2) through (5) above; rather, the only interest covered by the lien of this mortgage is the <br />Mortgagor's undivided percent interest in the Property and the Mortgagor's interest <br />in the other items of property described in (2) through (5) above. <br />THIS MORTGAGE IS GRANTED PURSUANT TO THE AUTHORITY CONFERRED UPON THE <br />MORTGAGOR PURSUANT TO ORS Z~1.390. PURSUANT TO ORS Z71.390, THE LIEN OF THIS <br />MORTGAGE IS VALID AND BINDING FROM THE TIME THIS MORTGAGE AND THE AGREEMENT ARE <br />ENTERED INTO, AND THE MORTGAGOR'S INTEREST IN THE PROPERTY IS IMMEDIATELY SUBJECT <br />TO THE LIEN OF THIS MORTGAGE WITHOUT PHYSICAL DELIVERY, FILING OR ANY OTHER ACT, <br />AND THE LIEN OF THIS MORTGAGE SHALL BE SUPERIOR TO ALL OTHER CLAIMS AND LIENS OF ANY <br />KIND WHATSOEVER. <br />This Mortgage is given and accepted on the following terms and conditions which <br />Mortgagor will promptly and faithfully observe and perform. All terms used herein and not <br />otherwise defined herein shall have the respective meanings assigned thereto in the Definitions <br />Appendix to the Agreement. <br />~ <br />MORTGAGE PAGE 2 <br />