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Supporting Documentation · May 28, 2026

Title Documents submission

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Page 43

ete 8{5715°G01 94 “hereinafter defined) plus four percent (4%) per annum as same may vary from time to ume cr, if less, the highest legal rate of interest thereon and any interest so accrued shall be secured by the Tax Lien upon the Benefitted Lands of the Proprietor from the due date of the Taxes to which such interest rofates until same is paid in full, The "Prime Rate” shall be the prime rate as set forth in the Wall Street Journal or its successor, If the Wal! Street Journal or its successor shall cease publishing the “prime rate," the Trustees shall designate another source from which to establish the Prime Rate. If the term “prime rate” shall cease to be used, the Trustees shall designate a measurement of interest that approximates the “prime rate" as commonly understood on the date of this First Amendment to Indenture. The Committee of Managers shall have the right and standing to bring an action to foreclose any Tax Lien at any time that the payment of the Taxes, interest or other charges to which such Tax Lien relates is at least one (1) year in afrears. If any unpaid Taxes are referred to an attorney for collection, whether or not suit is commenced in respect thereto, the delinquent Proprietor shall be responsible for the payment of al! attorneys' fees and cost of suit in addition to all Taxes due and such amounts shall become part of the Taxes due and shall also be secured by the Tax Lien upon the Benefitted Lands of the Proprietor and shall bear interest as set forth herein from the time incurred until the time paid in full. Notwithstanding anything to the contrary contained herein or at law or equity, ail Tax Liens shall be subject and subordinate in all respects to any institutional mortgage lien and seller financed purchase money mortgage liens duly recorded against Benefitted Lands that are subject to a Tax Lien to the extent such mortgage is recorded prior to the date of the assessment of the Taxes to which the Tax Lien relates. Tax Liens shall also be subject and subordinate to future advances under any such mortgage, whether any such advances are made before or after the date of assessment to which a Tax Lien relates, provided that Tax Liens shall be 17

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