Common use of Extension of the Maturity Date Clause in Contracts

Extension of the Maturity Date. Borrower shall have the option to extend the term of the Loan beyond the initial Maturity Date for three (3) successive terms (the “Extension Option”) of one (1) year each (each, an “Extension Period”) to the Monthly Payment Date occuring in (i) February, 2017 if the first Extension Option is exercised, (ii) February, 2018 if the second Extension Option is exercised, and (iii) February, 2019 if the third Extension Option is exercised (each such date, the “Extended Maturity Date”) upon satisfaction of the following terms and conditions (in each case as determined by Lender):

Extension of the Maturity Date. Borrower shall have the option to extend the term of the Loan beyond the initial Maturity Date for three (3) successive terms (the “Extension Option”) of one (1) year each (each, an “Extension Period”) to (x) the Monthly Payment Date occuring occurring in (i) FebruaryAugust, 2017 2010 if the first Extension Option is exercised, (iiy) Februarythe Payment Date occurring in August, 2018 2011 if the second Extension Option is exercised, exercised and (iiiz) Februarythe Payment Date occurring in August, 2019 2012 if the third last Extension Option is exercised (each such date, the “Extended Maturity Date”) upon satisfaction of the following terms and conditions (in each case as determined by Lender):conditions:

Extension of the Maturity Date. Borrower shall have the option to extend the term of the Loan beyond the initial Maturity Date for three (3) successive terms (the each, an “Extension Option”) of one twelve (112) year months each (each, an “Extension PeriodTerm”) to (x) July 16, 2011 (the Monthly Payment Date occuring in (i) February, 2017 if the first “First Extension Option is exercisedOption”), (iiy) FebruaryJuly 16, 2018 if 2012 (the second “Second Extension Option is exercised, Option”) and (iiiz) FebruaryJuly 16, 2019 if 2013 (the third “Third Extension Option is exercised Option”) (each such date, the an “Extended Maturity Date”) ), respectively, and, as to each Extension Option, upon satisfaction of the following terms and conditions (in each case as determined by Lender):conditions:

Extension of the Maturity Date. Borrower shall have the option to extend the term of the Loan beyond the initial Maturity Date for three (3) successive terms (the each, an “Extension OptionTerm”) of one (1) year each (each, an “Extension PeriodTerm”) to (x) the Monthly Payment Date occuring in occurring one year following the initial Maturity Date, (iy) February, 2017 if the Payment Date occurring one year following the expiration of the first Extension Option is exercised, Term and (iiz) February, 2018 if the Payment Date occurring one year following the expiration of the second Extension Option is exercised, and (iii) February, 2019 if the third Extension Option is exercised Term (each such date, the “Extended Maturity Date”) ), respectively, and, as to each Extension Term, upon satisfaction of the following terms and conditions (in each case as determined by Lender):conditions: