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LINE OF CREDIT INSTRUMENT MORTGAGE, SECURITY AGREEMENT, AND ASSIGNMENT OF LEASES AND REN~ DATED: December 1, 1998 FROM: Marion County, Oregon Franklin Building 220 High Street NE Salem, OR 97301 TO: Norwest Bank Minnesota, N.A. Norwest Center - Mail Station 0069 6th Street and Marquette Avenue Minneapolis, MN 55479-0069 Attention: Corporate Trust Services This Mortgage is executed and delivered as of December 1, 1998. Mortgagor is the owner of a sixty eight and seventy-one one-hi (68.71 %) undivided interest fee interest in the real property described in Exhibit located in Marion County, Oregon (the "Property"). The Mortgagor and the ; Transit District (the "Transit District") own the Property as tenants in common, w owning a 68.71 % undivided interest therein and the Transit District owning a 3 interest therein. . Under the Financing and Trust Agreement dated as of December Mortgagor and Mortgagee (the "Agreement"), the Mortgagor will initially bo~ $22,000,000.00, said amount being the proceeds received by Mortgagee from the Certificates, as defined in the Agreement (the "1998 Loan"). In addition, under the , time to time the Mortgagor may borrow additional sums, such additional borro proceeds received by the Mortgagee from the sale of one or more series of Additic as defined in the Agreement (the "Additional Loans"). Such amounts will be repay~ according to the terms of the Agreement. The final payment of principal and inte Loan will be due on June 1, 2023. The final payment of principal and interest o~ Loan will be due on such dates as may be set forth in an appropriate supplement t~ pursuant to which such Additional Loan is made. MORTGAGE MORTGAGOR MORTGAGEE ictredths percent . attached hereto ilem Area Mass h the Mortgagor .29% undivided , 1998 between ow the sum of >ale of the 1998 greement, from vings being the nal Certificates, ~le with interest est on the 1998 any Additional the Agreement PAGE 1