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SECrriON 4,05, DEFINITIONS. As used herein, the term "Event of Default" shall have <br />the meaning assigned to such term in the Loan Agreement. <br />SECTION 4.06. THE MORTGAGOR HEREBY WAIVES ANY RIGHT TO A <br />TRIAL BY JURY UNDER ANY ACTION OR PROCEEDING ARISING DIRECTLY OR <br />INDIRECTLY OUT OF THIS MORTGAGE. <br />2150387vl 14 <br />