Extract to table

00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Grantor hereby agrees as follows: ARTICLE I — DEFINITIONS As used in this Deed of Trust, the following terms shall have the meanings set forth below

Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Loan Agreement

3 — Defeasance Upon the full and final payment and satisfaction of all Obligations, and provided that no further obligation of Beneficiary to advance funds under the Loan Agreement remains outstanding, Beneficiary shall request Trustee to reconvey the Property to Grantor by executing and delivering to Grantor a release or reconveyance of this Deed of Trust in form suitable for recording in the Land Records of Loudoun County, Virginia, and Beneficiary shall execute and deliver such UCC-3 termination statements and other instruments as may be necessary to release the security interests granted hereunder

The costs and expenses of any such release, reconveyance, and termination, including recording fees and the fees of Trustee, shall be borne by Grantor

Without limiting the provisions of the Cash Management Agreement, Grantor acknowledges and agrees that, following conversion of the Loan from the construction phase to the permanent phase (the "Conversion"), a springing cash sweep mechanism shall be activated at such time as the debt service coverage ratio ("DSCR") for the Property, calculated on a trailing twelve-month basis, falls below 1

Grantor and Beneficiary intend that this security agreement shall be governed by Article 9 of the Virginia Uniform Commercial Code (Virginia Code Title 8