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LINE OF CREDIT INSTRUMENT~ <br />MORTGAGE, SECURITY ASSIGNMENT, <br />ANDASSIGNMENT OF LEASES AND RENTS <br />(CONDOMINIUM MORTGAGE~ <br />DATED: December 1, 1998 <br />FROM: Marion County, Oregon <br />Franklin Building <br />220 High Street NE <br />Salem, OR 97301 <br />TO: [Trustee] <br />[address] <br />This Mortgage is executed and delivered as of December 1, 1998. <br />MORTGAGOR <br />MORTGAGEE <br />Mortgagor is the owner of the condominium units described in Exhibit A attached <br />hereto located in Marion County, Oregon (toge#hex vuit~ t~ie; ~Ivrtgag~r'~ ~ndiv~ded iii#erest in the <br />cnmmnn`;elem~~ts t~e~~l~~~g to~ s~eh ~r~~ornir~iutn urtits, the "Condominium Units"). <br />Under the Financing and Trust Agreement dated as of December 1, 1998 between <br />Mortgagor and Mortgagee (the "Agreement"), the Mortgagor has borowed borrow the sum of <br />$AA,000,000.00, said amount being the proceeds received by Mortgagee from the sale of the 1998 <br />Certificates, as defined in the Agreement (the "1998 Loan"). In addition, under the Agreement, from <br />time to time the Mortgagor may borrow additional sums, such additional borrowings being the <br />proceeds received by the Mortgagee from the sale of one or more series of Additional Certificates, <br />as defined in the Agreement (the "Additional Loans"). Such amounts will be repayable with interest <br />according to the terms of the Agreement. The final payment of principal and interest on the 1998 <br />Loan will be due on , . The final payment of principal and interest on any <br />Additional Loan will be due on such dates as may be set forth in an appropriate supplement to the <br />Agreement pursuant to which such Additional Loan is made. <br />~ The Mortgagor entered into the Agreement in order to finance its share of the costs <br />of an office building containining the Condominium Units. As the initial security for the <br />Mortgagor's obligations under the Agreement, the Mortgagor has heretofore granted to the <br />Mortgagee a mortgage on the Mortgagor's undivided percent (___%) interest in the real <br />property on which the office building containing the Condominium Units is located, said mortgage <br />having been granted pursuan to a Line of Credit Instrument, Mortgage, Security Assignment, <br />~ <br />MORTGAGE PAGE 1 <br />