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U.e~ 1I.

OrOBlr 4It1IOTE~Ii ("}:t,DtrQBI1l")


~epBH~ LIlli TI1CJI'li AC<HI'tOtb YKpu'iHa, Miij,;: poKy y

YKfla)leH~IH

10

Mk"Y'i

M ~lI<OJla'lB,

This MOll,TGi\<;~E AcG,REEMENT (the .Ag'tecment")is cnta;ed into 'on iune lOin the yetlr two th(1Ll~nmj and I,m .. in the cHy of Mykolaiv, Ukrai Tl~, hy "'1'l~j lK'l W\.:L'\f.r: NY WADAN e 14307653), a
under the ,)ayvs

KiW,lOl~J.l1PElllM ';fOlBAP'HCI '0:KlEAtIi i,j;>teH'lZllljlIi,l<iUriflli'ffii


i!QPJ'~I~Ua<il{) iiCFly:KY<Jato .!lL\peCOlO'; 3a 3(l~~DJ,l~

("lhl'l)'!'.ll!OOJl'l!\jI}e'J.lb"), 3ataL~.ille',!a\a

mo

1\\1~

'l\iricUl:::3IH?lM.J;\lJlWtmiL'll ;'Ill

.1, M. Mnlw'\.~a'i'R, YI~il'ciiH~, 5.i1050, B oC(i5i ~I{\ro f.eHepaHbtJom ,'HI\pCI('Plt,],a 11. 'PONl'3.fl;IY;K(l :MHJ:i1\iI~I~J !l'llJll1l>om'I"'U1" ,i"'teBT1I4Jif.1lliliitUlii \:lOM'~ 20'92702210, 3apeec,\pOB8}lwf.1 3<1 ~f'eCOJ{): Nliz:'!'u MUMlltt'i,lJ,
;l1J10lUa npO'ey1HYI{ lEeJ1J1 K)'J:llil,

JOyntJ IjOJ(

;N'"fi,lIKHil

nk

tt'aIlli;l\CTilr,j

C:raTyry ptlLtl, J 5; Hnf',fI~i'tOBorPalm 2010 pOl,y; Tn

,'M:m<Mllii!lcl.l(Ol OWicl,l<1i"
T()!l}lpJ'ICTBli

No.

,1'U p01'Ol,01iTy 12010 Ilin llipaml51

"~ ;and havin;g its aPloshcha. city of Myk-ola1v. 5"10'5<lt 'Ukrai'ne" lfepresented by rc,presctl{o(ltl byi1s Gt'n~t'nil Director, Mr. Roma1~chuik ,Mylmt~ pav'l(l\~ycl!l. idenl'ifi,cation numb(~r 209271J227JO.Jra\,jllg ltj; regrstocrt'Jl'l address at: cit')' of MyIk,olaN, p a :stTecot .;).(.ilng ,lcting pllrsn~a:lH' to ' of -c,O~1 ~istcred by :the co.fti)'!: fa'IY city CQUnC1 liNder no. J5221050009000 and Minutes of tu<'~ S~ll>e,.vrsory Board of (he company No.9 105 12<Jj(l luted May 1 I, 2010; and POI7"ANT'EJt ROil-DINGS l..'rV, (with registered number HI!. 249122). a legal entity incorporated al)d existing tllld'l':Jt the lawS'-of Cyprus (the "Mortgagee"} lmd 1 office at 1l3A l(iwQIJOJi, .il?C. 3{l95. Lilr Cypnisreprcl\ented :by Maksy.m A1Hll'oliyov}'ch B . identification

"nOi13MHEiP XOJ1.uHilf3
HE 249122),
icHYIO'IOID 3a llyJl,

JlTl:{" (peE:CTpauil1mIl1
PecnYUJljKI1

HOMep
Ta

IOPH.L\H'I}lQ10 oc06oJ{), 311KOHO)lullCTllOM "), lUO n .C.

3ape,cTpollaHq]{)

Kinp
3<1

("hIOTcKoncp*llTeJ1b

M'l1e Micue3HaXOJ:l/KCHnll

un . '

nJlpecmo: oco5i

KiMOHOC 43t\

3095. JliMacco,fl,

Kinp 11 \Ill
HIl.IlllHo'f

])OpOL\YYt.;U

MUl,CltMa

AliljTOJlil11,)IlH~la,

iJ,tcHTHjKauil%'fIn{~ l10Mep 3115907234, :3llpCE:CTpO nnpecmo: MjCTu J1lhlliB, \'ly3Hlllll 13n~l1<iJlCbl(a, 6y


KBllpTl1pa

N212a,Ulo

IDE: 1-111niL\CT<1Bi }loBipeliocTi

l1,nnber3115vu7234, city of Lviv. :3Bttnko on the bash; of the Po


Mortgagee
Cyprus,
0

address:

5 Tpa13HlI 2010 PO!(y Y M. J1iMaceOll, Kinp, allocTfulboBaHol' B. loatlliy, N2 131156/10,7 rpaBHlI 2010 pOKy Y M. HiKoci~, Kinp.
h1oTeKo.uep}l\llTCJ1eM InOTeKOJ'UIBeUb iMcHylOTbCll Ta II1OTCKOll.epil",n-en i'CTOPOIUl" b

5. 2010 in thc.eity
V

of

Limassol,

Ma y 7, 20 I () in the city

of
,1 "Party".

N\,). 13\ J 56/1 0 Qn

Cyprus.

ifJ)(OHI1

HalaJli

pa30M

KO)\(CH

OKpCMO

The Mortgagor and the MQrtgagce 'lre hereinafter sometimes collectively referred to as t1w "Parties",
and each individually as

"CTopoHa".

A.
npilBa

OCKiJ1M'\11 In()'IGKOllepilCltT;lth Ta 30DOll:1I3, 3<1 HHlKIIC;Jil3Hll

IlpHflHllB

Ha

ce6e

Bci AO

ni,flllOlllCHH10 M~1
~TDpOflaMfl

InOTel\OLl,a13Ull

.(orOBOpaMI1
!lKI1X

CrpOKoBO'i

Kpe,UHTHo"i

JliHi'i.

A, Whereas Ihe Mo and obligations of the Mortgagor under the tullowing Loan Facility AgrlOt;mcnls to which the MOI;tgagor isa party:

lnoTeKO}U1Beub:

1. L\,ot'oaip CTpOI<OBQ'i 2009 pOKy,:1 Hboro,


cyKyn (n'nHU!\l.lll

I. Loan Facility

AgrccrnenL N\).

2009, as subsequently additional agril{lments fa not cxceetling 15,000,000 (


"Facility Agreement No.1" ,

KPCLUITR!oI JliHii' X~ 1"); 2. JloroBip


CTpOK0130'i l(pC,lvr!'flO)'

ltlld'i N2 5 nin 14
Tll

2007,
Hboro,
eyKynHll (COpOK

3 110A~pWHM'

'11

CYMll n'lITb

2. Loan Facility Agreement No.5, 1007, as subsequently amended ,lldditianal agreements for the total . llot iCxceeding 45.000,000 (forty flve (the "F1lcility Agreement N{),5"'l-

dated hine 14,

by Tcspectivt: f<lei1ity lllilOIUll


millions) .E'\JR

Bei lJ,or KpCJ:tllTHi

All LOim Facility Agreemcnrs l'cfcrrcd to as FacilityJ\grecmcnts.

arc

collectively

In order to secure Tepayment by the Borrower of ,I PUlt of thc amo,mts owing to lIe

pnnmant
f{)t!)'

to

the

(3<1 f}W}I,ta'leHll~M Bll:mH'lC~mX

ttl>Qro

TCpMiI-lY)[-I<l

YMClllaj(,

Y UbOMY ,l],oroBopi. I\h,Wl1

Martgagoj' agreed to lJlortgage over the Collateral (as furtMj' del'It on thc' rcrm~ and conditions set forth herein,

'OJ.~Sltnt 3 Bl1I--UE3A3JlA qE;lIOro, C.tlporln


opy )J.OMOaJlJllOTbCli npo T<!l'C:

NOW, TH.EREFORE, the Parti...::! hereto


fLlllows:

I.l ,UorOBopi,'

5lKlUo

l'OIlTeKCTOM He B'l~ml"a<:n)c~ IIIILle, 'l"(\pMi!lll ~~ lHO illlHHM 'I 11J1 OM, He llH3H<l'leui II 1j(,OMY 'iM eitlrl(W[}.ll-li

BCJlIlKO'I JliTepl1,

'"u,m",CHWI,

lI11,lllllli

opi.
1.2. B
llbOMy

1.1 Unless the context otherwise r()ql!irc~, capiI11Iist.\d terms not otherwi~e defined in this Agreement shall have the respective JUeaning.~ given t() them in the facilily Agreetnent 1.2 In this Agreement, the follOWing clIpJtalised terms shall have the followi.l\g meanings:

J-(orolJopl

I1CYrHKO'i niTcpl1 MaffiTb

Hl1?K'Ie:m:ulll<lCHi TaKi 3Ha'leHH~:


IHllICJ[CIiC

1-epMi1ll1

:1

"~:tlCnl'lHa BapTicTh" Mac 3H3l[eHHH,


~,2,~. "j],oro13ip"
llJGIMll' 031-11Nac:

uel1 )loroBip I nOTCKH,


.1J.orrOlll,!(mHllMIl, ruo MOMClIT.

ptl:IOM J 6y/t1>Mmt\YTb nynl

"Aj!;I"(!('Ull'lIt"

means this Mortgage

Agfeement

lIS

it

311'rIJiaMH T<l

may he Hm(~lldcd ft't)tf1 time to time.

BIHlC{\HI B Hboro

1'011 '11-1 h1)l1HlI

"'-llllll'fC YIc:l.1H,

311KOHOJlJ'lJ3CTBO" 11 OJ] Q)J(eHHJl, aKTH B!laJll-l

03Ha'laC

uel

JaJ((lIlIl.

J,ICI(P(;'1

II.

p03nOpJl.1J.)I<el'1l11l, YKpai'J1l-l

llaK,l:lll '1-ej)Miu

TlI

ililui

HOpM'iinlBfli

aGo
(SK

6Y~IJ,-1Il\Ol'O

0lmlllY

J.:tel))l(aBr-io1'
llH')l('le),

a Tal<Olj<: 15Y.llJ,-S
031lU'"l~lC::

YKpa'il-\H

uen

lIH3Hll'lC!l()

",'\pplkable Law" means all laws, decrees, cdicts, n:guJations. instructions, orders and other nonnative ilcts of Ukraine or any Ukrainian Governmental Authorit;.' (<IS this term defilled herein below), and {lny

Ki MbKHapOJllJJ

JtOI"Ol:lOpll, litO MfuOT(,

inltrnalional treaties binding on Ukraine,

30UOJl'S3aJIhllY

Cl-lJIY lI,fUl YKpaYHH

'''j],03B()J]H'' :lTOJlY,

6YJlb-Jme
pil!leJ(ll~,

yllOlllJD11<l1h'C'l11HI, ltQ;llliJI, J!inelf;lilO, lllllllrl'OK,

:lllTIIC'pJi)J(CflllJl,

llollilHiHS :IIWljlll, 'liOT3Pli\JlbHC

3acBi,n'I\:11!1l1

'!l.l()pcrcTpuJ\iio.

"AuthodsM.ions" mC,HlS any l.iuthorisutioll, permil, IX1llseht. approval, resolution, license, exemplioll, Hhn!!. netnrisatioll or registration, means a day {other Ulan a SalufLI(1)' banKS arc open of Cy:pnn>.and city v, Ukraj'ne.
\)1'

".Po6
111\m1WJ'i

" 0:m8'lae

}:leHb (l,piM CyUt.WI;l Ta ll"Ihlsjm~ssDa)''' .AJ1S1 .3.u.i~cHeHi;ln3Bj~'}j-:In.J(l'i"~d}I,l}HjtI'C-1'i Sundn)'J on

wllkh

N3 Kinpl ,ll B M.Kw)1l1 (Yxpa'iJ-ia).

ha the
~laiiIIO. 'la'jHtl'lclll'

RepUblic

"npC/lMCT InOTC"U"

03H<I'la(

HepyxoMc

IDJ:illIL1.:.f,
")J,ol'onip

Horo 'ItlCTlIlJy. IIlO 1J()IHIil'no nepcJlaCrbCSI B inoTcKy B'i!lnoBl.QHo gO I[",om J.lOl'()llQPY.


Ta

Oy.ub-IlKy

"Colllltrru]" means the object of immovable propetty. described in (;1;Ut;i9c2_1., und any portion thereof. all or \vhich are mortgaged pursuanllo this Agreement.
1I~

TIpo,Uam)' llpcJlMcTY

hlOTClm"

MaC'

3na'lCHlIlI,

''C,)ll:ltcl'fll Sale Agrcemerrt"

has tho meaning staled

,llnllefteHe B DyHKTJ 5.2.2(a1. "BRI.tllilOK l-lcsm,OHaHH5I


IIOJl.lffi 306QB'51311Hh" lUe
3ri.uHO 3

In C~J...:...2ial,
O:llll\'lac: (5)'};I1>'-IlRY Il I II 1ili\l1 I, Kpe/lJlTIiOfu

"KVell! of Default" means any evenl or circunl.<;,tance


whil'h con,titutcs an event of default under the terms of the F:1Cility Agre~ment and those events and clrCUlll.>tances specifled In

aGo

OOCTRBHHY, 306oll'~llaHb

CTlIllOBJ1HTh
YM01lUMll

t-teBJH(OH311HJl

J\oroBOPY,

a06c-ra

clli y

(including, without fimitatiop, attorneys fees and other legal expen$e..-t and court costS) which thc Mortgagor is Bl:.\ll 31'. required to J1.t~,under this and/or which the Mortgagee may incli connection with CHi maintenance or enforcement Y ~m'lJ~I,Y is the creation, rcgistra of the Mortgttge, or rhe Il1!'eclosure. realisation, sale, npHMycoDHM 0111111eHHlI, tram.fer andior vatuation Qf the Collater'tlt, as well as all OUiHl\OlO charges, taxes, stamp, llnd state dutie$, notary and Cl,lrlicHHH, nOJla:t1<H, translation fees, Co-llateral Qf maintenance and security cKpenscs, expense. to Collateral Hi 300PH,'!'IOT,lpiaJlT>Hi ~ 11TH lla )/11'" M I'HlI1\l . insurance, damag'es It under Facility ~toro lfacTl!flll, lllf1'pUTll na Agrei:l1lcllts and/or this o-rlgage Agreement and any cTpiJ")'Blnm~ npCCAMtny fnoTeKll, ::II:.\lr:rl,;:\,j JHUA3Hi other similar expenses whats0cvcj' incurred by the nopytileNl:lllM Kp0JlltTHl1X D.OtoBopin 'I"<1/cIl1Uhon.l )~()rOBopy Mortga~ce ill connection with the execution, lno'1'l::l\lI, a n'f..'OlK 6YAb-llKi itnlli I.lHTpaTH, nOlreccHi impiementatiol\. perll1rmanc<e and/or enforcement of InoTcKo)'(ep)l<1ll'eJleM y 3B'1l3KY '3 YKJlalluHHlHvl. BTiJll~Il1111M. this Agreement and the Facility Agreements, BHKOHaHHllM T<1/a60 mHlcllNIJ-lllM Uboro ,.QoroBopy Tll Kpenl1THOrO :UorOBopy. "}{peJIH1'lfi JJ;orOBopfI"
MaC 3r'!lT'lCHHlI, HUBClleHe }loe{)floPY B

papH 3a nocJlyrn I'll i cyMlli

('~lll~m!ix:!J1f nboro

"Facility Aj.lreclncnts" has the .l~ccital A orthis Agreement. Market

meaning

stated

ill

"CnpllBcwurna PwncoBll J-laBeneHe 13 I]yIiKTil,.i?"!Jjl}.

Bapl'icTh"

MaE: 'lH<lIIt:IIHll, "Fair

Vl11ue" has the meaning

stated in ClauliQ

51.1l?),
"Governmental Approval': means any Authorisation from, by or with a Governmental Authority. "Governmental Auth'Ority" means any government, including any national, territorinl. city, or other local government. and [toy pari of such including any ministry, d (including Gmrrts or ,iudicial agency instrumenlality, body extll'cisifliJ govemmcntal au with respect to 41 Ukn.ini:1n' includes all organs of administration and those of territorial structure.

"CXnaJleHH.\I OpraHy ~lep)KanHo'i BJlaW1" 03Ha'-la 6YllbllKI1Kn03BiJl 6Y)'(b-llKoro OpraHY .ncp/KaBNO') BnaJ1H. "OpraH )lepo~aBHor B.n:1,1lH" 031ll'l4JIE: 6Yllb-ltKHH opraH BJTalll1, 1l TOMy Lll1c.ni 6Y,l\b-HKHH ,l\epiKaBHui1, TCpl'ITOpiUSIl>HHH, MichKHll aoo iHWHfI MicueBHH 0Pl'<ltl !!JlaJ\H Tl'l 0YI\I,-llKlIM ni if TaKoroo opraHY llJla.l\ll, B TOMY 4HCJ1i 6Yi:\b-lll<e Mil1' , ynpallJThlllll a60 ycraHoBy (y 'H1cni cyml i opra~m), a THKcnJ< 6YJlb-HKY rerrrcTSo, opraH flOO lOPflJ.(I'l'IHy 411 i3H'my llKa 3l\il1.e.Hloe tjJyl-/KUIi' -opraHy r,\C,p)KilBHO\'BJI:t;UIl 6Ytu,.llKor-o BH.n;y, Ta, niil.!-lOCHO OpraHy nepiKal3l-lo'i BJ1ft1l.ll YKpal'HH, BKIl104aE: Bci opralHI .llep)l,aBHoi BnallH Ta llep)l{aBHOI MMiHiCTpauli, a 'raKO)!\ Rei opraHH GyAb-llKO;' anMtllic"rprlTrtBHo"TepflTOpiallbHO\' O.1lHIIHUi. "CTOPOHll-O.llepiKYBa4 LlaBe)'(CHe'Y!lY.lLKll 7.7. BiuWKOIlYBllHH~" MilE: 31'la'ICHHll,

"Indemnified
1,7,

Party" bas the meaning. sta\Cod in CtlLtlse

"33KOI-I np-o lrroTetry" 01ll!l'lae 3aKoH YL(pa't'HH "npo [l101'CKY" N~ 89&~rv IliA 5 YepBl:lll 2003 POKY, i3 3MiHaMH 1'a 1l0nOBHeHH>lMH. "CTllTyr lriol'eKonanust" 'HIC pc,ul1xuho CTary')"y InOTe 300P8MH aJ<l1.loHcpiB In (npoTOKoJ! N29 L31119 B'eIJeCtUl 20(9), nepll,aBHHM p,*,l:rpaTOPQT\1 L,lIf<nIl,Ul'LQro K MHKoJla'iBcbKo'i'MlchK\)'i P111H115 IlcpecHH 2009 pOKy :Janncy I m)f1ltllbl.Ofli\lH '3Mil-lllMIl, AonOBlreHf!~MU,

"Mortgage Mo rlg4Jge:;

Law"
",

meill1s

the

Law

'No. 898-1V. dated

of Ukraine "On Jtme 5, 2003 as

amenu!;.,,).
"Mortgagor's Charter" means thee version of tbe Charter of the the Gcnc:raJ Meeting of Sbareh" on September 15. 2009 (Minutes Sept<:mbcr 9, 2009), registered lhe EXcclltive Committee ofthe
'0.

nn

September

15,

2009

15221050009001478), as the l1l11cndsxl, modified or restated,

"Notice of Default" means a noticcscnt by the "l1onlll.oll-rJIetllill Fll'lm:lt:olllhmn :306fm'1l3,Ufb" substantially in t 3Ha4ae nOlli).!' a'aJlicJlill1e !1l0TtlK(lJlJ:PiKll'l'eJ!CM M(Jrlj~i!~;CC 10 thc Mortgagor aML'hed as ~.chr.c1\llc_A hereto, specifying the bosh:: oTC1Wnl1IlQLO, iCTOTIio y tjJllPMOj n$l,[.~;!T!iY~ojl no l[b{}!'{l

lUG 38c3HaQae nillo' , nepiol.! <lacy Bi,nCTp6<lRH, llKl.U,O llJ.lpOpMaujlO, 11K MO"W:: 3at<Ol-lo.naBCTBCfllil. 3110l>PQlt BVl'lyiKelllw" 03Hft'lllE' E:;.uUHllil peeCTp al.o.'tYlKCHHIIo6'cl\rla HepYXOlvH\f<) Malina, HI,Htl nepeIl,5a'lJ:tlHif.1 IlO!lO)l,CllFlllM npo E:,!tFHlHH pccc'q) ',36'013011 Bi!ltjyJl,eHH.ll 06'cK'rin HepyxoMoro Maiilla. 'JaTBep.!tlKCllHM HaK830M MiHkrepcTBa J<>CTlil\iT YKpu'iH11 N~ 31/5 llin <) 'lepeHJI 1999 Y Tn 3apeeCTpOIlllllHM Millkl'\:~Pl-'TIIOM 1OCTlil\ii' Y K fl TO 'lepllHll 19:99 pm,y Jt\ l!OMcpOM peectpaui'i 364/3651,

).\oroBOpy,

1111..'lhod of the enforcement, enforc".:fl)cnt ti fhunc, gmce periods, if any, and other information as m,ly be required by Applicable Law.

__ my thl::

on,

"Register of Prohibitions on Atienation" means the Unified Register of Prohibitions on Alienation of Objects of lmmovable Property. as provided by the Regulations on the Unified Registcr of Prohibitions on Alicnution of Objects of Immovable Property, ~lppn)ved by the Resolution of tJ)e Ministry {if Justit:e of\Jkrainc No. 31/5, dated Juno 9, 1999 and registered by the Ministry on June 10, \999, registration No. 364/3657,
"SC\'uretl Obligations" Qil!!~S; 2.4,

m31lUe3Ile''1eHi 306ol3'n3\HHlIl"
jJVHl('\'i 2.4.

Mat: 3H<lllClllJll, lJantlllC'

has

the .meaning

Slatl-'<1 in

"nepitll.l 3aOe3neQCHlHl" 03nU'lU( nO'lHlla,:bCH 3 .uaTH yKJ13AeliHlI l.lbOrO Sl\JllO'i'/le YaK)' AaT)', Ta np0,noBJKy,rl>Cll 3a6e3ne IeHi 3060B'1I3al'II'11I nOBHiC'110 Ijk\RQ\:mlli I {ll) lie 3aJHlUlUilOCll lKOJl,HI-1X CyM, HeCnila<ICH!l)( InOTCJlllCPiKllTtlH!tl 3ll UI'l'M ,[(orOBopoM a60 KpC.t.lI-1THHM J.tDrOllllpoM, InO ni.l\TBep,n)K)'nbCil B 060x Blina,ll.KaX InoTel(O,~lep/KaTCJleM,
L

"Sct:urity Period" mcans the period from and im:lodln~ the date of this Agreement to the date on which (i) all of the Secured Obligations have been stltislled in full and (ill no sum remains payable to the Murtgagceunder this Agrecmet1t or tire Facility Agn:cmcnt. ill each case as confim)ed by the Mortgagee. "StMe Register of Immovable Property" means the Stale Register of Rights to Immovable Properly and Their Limitations, as provided by the Law of Ukraine "On the State Registration of Rights to Immovable Property and Their Limitations", No, 1952-IV, dated .ILlly I. 2004, "~t,lte Register of Mortgages" means !he Stale l'ZL~gislel' of Mortgages, as provided by the Temporary !'roccdurc for lhe Slale Registl-atiol1 of Mortgages, llpprovcdby Resolution of the Cabinet of Ministers or UkrallH: No. 4\ 0, dated March 31, 2004, or the Stale Regii'h:r of Immovable Property, Ol1ce such Stille Register of Immovable Property is established and becom<: operational in Ukraine. "Third Part)' Transferee" in CI?~~..~2,2(a}. has the meaning sp\:lGified

"):J.ej'}'lIcaBlmJ:i PecCTp HepyxOl\-l:Oro Malilla" Q',!!HI'lllC 1~ep)1,!hlHI1H pecCTp npall Ha ~lepYX{)Me ~mHllCl Tll IX
06Mc'll,eHb, lrKVlH nepe1l6aLleHliH 3al\OHOM YJi:pnItHf "fTjllt iJ,CP'lK<lBHY pcccTpauil-O pC'IOBI1X rfpall Ha HCpYl\!lMC MllrtJlO HI
IX 06Me}KeHb"

N~ 1952-IV

nl,a 1 m-mH}l2004

pOKY'

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L

"Peoctpauill

"Title Registration" means the rc,glstration of \>wl\ership rights to an object of immovable property in ac(;()rdill1ce with Applicable Law by proper C;owTIlmenH11 Authority.

")l,OKyMetH npo PeccTpauilO llpaBll B.1U1CHOlCri" U:l1I<1 faC "Title Registration Document" means the cum;:nt and '-lIfHHYTa ,nii.JCHyoiuil:lflY 3allBY, 'IHHl-H:Ta ;1iBCIl\: Q(viuiillle valid official statement, certificate or other document a60 iIUUHi't J:\0KYMeHT, BH,nllHHlI I<OMTIeTCllTlll1M issmxl by competent GoverumC!1I111 AuthQrity pursuant epJKal!Hoi' B.nU.!lli y llCTaflOllJlCH<lMY nOpllJlKy y I,J proper procedure in accordance with Applicable r!lj.(floaiAHOCTi 3 l!J.iflH HM' 3aKo f-\OD,IHICTJlOM , 1I1wH :lacl!iJl'lyC [.it\\' and artesting a Title Registration. PeCCTPauho npaBll BilaC!-10cTi.

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1.:\ In this otherwis<: requires:

Agreement,

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context

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(c) a reference to a persoll includes a reference to any individual or leWol1 entity and lIny Governmental Authority; (d) it refim;lJJCeto a sp Article, Clause or Schedule is.. unless otherwise a reference to that specitied Article or Clause hereof or Schedule bereto;

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DpeAMery

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t-l8 KOpMCTh InoTcKot\ep)l(ll'remt

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anp0.llOll)l(

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2.2

nr~M.9:~,tui;;!Ili.!lli. npe,!Q"tOToM

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HepyxoMe Maiino InOTel(o.naBUll:


I. 13yniBJ1i Ta iH. 06\'KlH Hepyx-oMoro MuI1Ka.. nepeni'leJ-li Y .no uhoro .uoro130PY inoTeKM ("l>YAiBJri "fa

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3. Real estate of tbe pIYllzb", as detailed in Agreement ("Recreatiln 4. Land plot of the total

4. 3eMenbHll.ninllflKu

101,4862

ra,

lLeTalll>1I0

OOMcaHa B ~tt~ ,11.0 Uboro )J,oroBopy in<Yrcl<1i1 described in $chech.iJe E m (U3~Me.1hllll AIJfSlHlCn"), 11a ~K.iH 31-111XO.D.~TbC~ BYlliBni Tn ("Land Plot"), where thc Build

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the Cnl

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ami each separately considered as part onhe Collateral. Value of Collateral. The tot;t! value of the as agreed by the Parties, is equal to \JAB 99985333,00 (ninety nine miJllollS nine hundlljd eighty five thousand three hundred thirty three) hryvnias lIntl 00 kopeyeks as evidenced by: 2.3

2.3

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mo ni.1l.TBePAIKyCTbCSl: a) 3BiTOM N~ 0-020-] 0 opo eKcoerl'my qlolUOlJY \lU,iIlK)' ;leMJli, 3Jllllclle-\;lOrO TOB cjlipMa "<l>opli:ie". 1<01t f.:J\I>110Y B&51u85, Bi.nl KBiTHll 2010 pOKy; 6) )],oBiliKOIO
:>aJllll1lKoBY eTllIiOM na 1110iel<OIUlBUll Bap"iCTb

a} Report N9. 0-020- lOon Expert Motlef.lry Valuation of the land, conducted ~y LtC tirma "Forkis'" itlcntificatiOI1 code 13851685, dated Aprill, 2010;

Bi1.l 10 'lcllllWI ::0 Hl p<\!()' npo Mai'1Ha, w,o rrepciHwThCH \l inoTcl,y

b) Stal,ment of the Mortgagor dated June 10,2010 (H1 tl1(' remaining balance value of the property being i
mortgaged Plot. as at June 1, 2010 grouped - Buildings and

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cnopYAH, KBapTHpfl, 5a3a BiAIlO'lHlH<y, 3"Mt~J1MlallimlllK<l, 3aranbHa eKBi6aJleHT BapieTb llpe.nMeTy Imnef<H eTa I101llrrh 10,514, I 05.06 (.neCllTl> Mim,iiOl'liu n'll'rebT
TI1CJl'l CTO n'wrb eapo Tll (, CfjPOUe11TIu) H8UioH,VlhHHM UbOl'O

('onstrL1dions, Apartments,

Recreation Fii<.:ility, Land

'lOTI1PHaAUWfb

JU
)IKIIH

Value ofthc (ten million

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CT8liOBHTh 950,9638 )],nll YflflKI'leHHJI

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Collateral constitutes EUR 10,514,10:5.06 five hundred and fourteen thousand one hundred and tive euro and six eUl'Oeents) whi<.:h is ':{Illivalcnt according to the olticial exchange mte established by the National Bank of Ukraine on the date Iwrcof that constitutes 950.9638 UAH for 100 EUR, For fhe avoidance of dOllbt, the Parties hereto expressly

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agree thnt such value shall not prejUdice in any m3.I1lWr the rights of the Mortgagee to receive payment of the
Secured Obligations in full.

2.4.! U:e~ iJ,oronip 'fa cTBopeH8 :>a WIM }~tOrollOPOM Imrt'el<8 3a6e:metlylOih cnnaTY Ta 1l11l,OHilIUUI lnoTci\OJlaBu.eM nelx 3aoe3ne lcHHx 3'OQOll'1l3fHlh Y MellnlX CYl\;1l1, IHf3H8'lellO'i y llyl'lI<Ti 2.4.2 (p(j(IO~1 ~ "]1l6e'1Il(~'l~Hi
L

306oB'IBaHIUl"): (a)
6Y~-llKOr qaCTtlHI1 IlclX
nnaThKflllx "100011'WI<llfl.

2,4, I This Agreement and the Mott(,'llgc created hereby secure the payment and perfomlance by the Morlgagnr of all of the Secured OuJigations within the a1l\l\Ul1t set forth in Clause 2.4.2 (collectively, the "Sccunld Obligations"): (a) ,1 -part of all payment ob ligations in the amount determined in Clause 2.4.2 hereof at any time <lue, owing or incurred by the Borrower under the Facility

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cyMy,

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y nyHKTi 2.4.2 ce6e

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ClI!laTH

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Mall6ynlixl
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360piB, CI'IJla"1I OJ

6C3 06MCil<Cllllil, IL1J\O

!\grecrllenlli in favour of the Mortgagee, whether prestmt or future, including. without limitation, the paymem of all principal, interest, and any premia, ioos,

oc.i:10BIlHX

C)"M, npoueHTiB m Gym,"lIl\!Ix KOMiciHlmx, ni)lllJKoAY'HlHb aGo ilf1;JJHX OJTaTCildli, lIaJl,'iI\IHIX JlO

indemnities or other payments Juc from tbe Mortgagor


under the Facility Agreements (whether at stated

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iHlIJl1M

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maturity, as a result of aeeeleralion or otherwise) within the limits set forth by Clause 2.4.2; and

a60

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(h)

reimbursement to the Mortgagee of any and

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2.4.2.

all Expenses ineur.red by t'he Mortgagee in connection wilh the Facility Agreements and/or this Agreement \Vithin the limits set forth by Clause 2.4,2, 2.4.2 The
(Jf

Parties

hereby

agree

that

the maximum

amount

the SecuredObligrltioJ1s is {iO,OOO,OQO (sixty


the equivalent Of

million) EUR, that as of the


constitute:>

hundred seventy million five hundrcdseventy

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3000B'I13aHHlI
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tllous<lod and two hundred and eighty) UAHwhich is equivalent according to the. officIal exchange rate established by the Nntlcmal Bank of Ukraine on (he date hen:of and the amount of accumulated interest that art' due f(lr the overall tcmi of the actual 1.Ise of the funds under the Facility Agreements 2.4.3 Eac[l of (he Sel.'lIr<~d Ob' ions shall have such terms and conditions as set in the Fati1ity Agreements. This Mortgage t shall remain in fut! force and effect forthe of the each of the Facility Agreements until all of the Secured Obligations have been satisfied in fulf (the "SeclJrity Period"). 2.5 B.WJkof Mol1lm~. IT. of the Mortgage, as rcquit'ed by w, the Mortgage shall be a first-ron highcst priority over the Collatcral entitling the Mortg.agce to foreclose upon the CollaH:ral and to obtain sa of the Secll1'e,1 Obligations at the . Collateral hefo,i:e othur creditors 01 other security bo subject only to c Applicable Law. The is the i.ntentioJ) l)f the Ptutics shall have priority {)VCr the claims Qf an person whether or not secured by a mortgage Ol'other lien ovcr the Collateral.

2.4.3
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2,6.\

2.6.1 fn order to give full Mortgage as a fimt-ranking i:ec the Ml1rtg:\ge i~ fully and prop . manner contemplated by this Ag.recI11cnt:

The Mortg :mKOfrOllaBCTBa Yl\b1<1J:HH (b) 3apeC'rpyllaTH UIO app1it'''blu Ukrainian laBon, r IrloTeKY B )lep)l(ClBHoMy PeE:cTpi InOTeK, a InoTeKo.1laBeuE, - B in the State Register of Mort ,Uepl1<aBHoM'y Pee:cTpi HepyxoMorO. MattHa nicn~ Taro ~I( shall register this Mortgage in the uefi PCCCTP 6y;:te TllOpeHO B YI<parlri, Ta 3apecCTpyBaTH y Immovable Property, upon such operational in Ukraine, or register in 6y.ab-llKOMY iHlllOMy 060B'11:JKOBOMY Mil pCE:cTpaufl pefCTpi, a60 y peecTpi, IU<fff.{ 6ylle BKH;JanO InOTer'Ollep)lcare.neM register or other npOTilrOM ,epMiHy rIff AUHora [{orouopy, 3a ytviOBli, lUO <luring the peri InoTeKo.a.aneub 6y.ne< y.iIOBHOnail(eHHil {no1'CIWJ.lCp)Jhl,<2Jlc'M provided I1mt the MOrtg,lgCC to complete Stich Ha 3niijcHeJIHl1 Tl\l<Q"i peccTpauiY :IT'i.ll.HO lJIUl\ilIM AppllcHI,le Law, The M()Jtgag 3a\(Oflo.o.3BCTBOt.L 1nOTel<o.uaBe.Uh 306013' >l3all HFt Ha,1:lllirrn InOTeKOneplJ<ll1.'enrQ BCfO JJ,onoMory, lIKO'i BHM,traTI1Me Mortgagee with all assistance Mortgagec for purposcs of s11eh r lnoTeKOllej:lIKaTeJ1E, Mil uiJlc0TaKo'i peeC'rpauii', 3<1yMOIlIl, WO Heo6Xi,lJ,HiCTb ieTb ll"lHHeHHI1 T81<H.X .aifi oynyTh that such actions arc necessary nepe.a.oa'letri t 3m<OHOAll:UCTBON(, mo .niliTHMe 11 . then Applicable Law; (b)
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80111JJOBJIClIi

(d) y Ti~ MIPi, y ~l1d~ ue nepc116u'lello llUtUllIM 3a({0~IOAaBcTBoM, InOTei\O,YIilll<;;llL, :lOnOn'itSllitHia 38 CJlI~ BJJllcttHI1 paxyHOl(, O(~0J1Ml1TH tiei Bil~KH, mUlaTI1 ad Ileo()xilUli nonipelWCTi Tn OgiOPMl:I'rl1Bci IHlUj AOKyMeHTl1, oTpHMaTIl !ld X(,)~HlO,IIH Tn CXllIlJleHWI OpraHiB )J,ep)lCaBHoi' BJTil,YIll, 1l\ii1cmrrll 6Yllb-lIlCi peeCTpauil, HOT3pianbHi 3aClli.u'lellll~l, \lOl!<1l1H>I, ljJOpMaJTbHOCTiTa iHWi !Iii', lJ.\O t:leo6xi,,1lltlM aGo 6mlC'ilHlli\1t1 a60 ;lllii1ctle~lIm 1IK11X IflOTeJ<O.uCP'KtlTCJll, MOiKti o6rpya!OBaHO BI1MaraTM MH yK!lanellllJl, OlpOpMJJl:HHlI TH :m6e3netleH~11l ~HlllIlHOCTi B 6Y.z:tIHlKHii tlaC napOlltmiK net>iOllY 3a6e3I1e'leI1H5I 'IH~IHOi', niHcHo'i, '.moOB'1I3l\!lMltJ'i, 3ape-t;crpoBaHoi' Ta TaKo'i, wO MO)ICC 6yTH 3ilBlcileila II npllMycoBoMy nOpll,[lKY, neptllO'leproHo'l IIIliTe IC II lIa I1peJ~M~T [nOTeKI1 Ha lCOpHCTb InOTCKOlep)\(UTeJ1M.Ta L\ili[ TCJl'O,UJ,op iHtlll1M '1~HoM 3aXl1UJ,aTn il!1'epeen I(ICl'l'CIWJlaGi!l1 Ta InOTelCo.n.ep,>t<aTenllwono I1pc,[lMeTa I rmTelCll.

(d) To the ei\.tent provided for by Applicable Law, 111l~MOIigagci.r shaH promptly execute, authorisc llnd wmpletc, at its sole cost and expense, all necessary certilicatcs, powers of attorney and other documents, obtain all Authorisations and Govcnunental Approvtlls, and CtnTY out any and all registrations, notarisations, fLlings, formalities and other actions necessary or tlcslmble. or as the Mortgagee may reasonably request, to eXeel!tc, perfect and maintain at all times during thG Security Pcriod a valid, legal, binding,registcred and c111tm)cabJc first-ranking Mortgage over the Collateral in l~lvour of the Mong,lgce and to otherwise protect the interests of the Mortgagor and the Mortgagee in and to thc CollateraL

Y Bl1ua.z:tKY,~Kll.lo IHfMOrtl LJI1HUOro 311K,~1'1Qj:umI:TRlI2.6:2 in the event that the registration N nling Bi/.\HOCtIO peeCTpaui'i a60 110.!\am~1l JroKYMCllTill IU\ roquirements under Applicable Law shall have been pee-crpau.iJ{j 6YAYTb :SMiHeHi aoo 'uOnOIlII.eHi, lion lH\'1IW amcmled or modified, or the corporate form or tbe :lMiH~'TbC9 opJ'allh~llrillHO-npaBoBa 1!lopMa a6om131Hl name of tile Mortgagor shall have been changc(!,thcn IhOTC1CO,U8IlUlI, ) nOTCKO,[lalleUb noroJnI\Y~'TbCll lICni)J.KJH1/lIlO the MlJflgngor agrees promptly and at its sole cost and Ta :la CBli1 BJJaCt:ll1H paxYHoK OepopMlfnl Tn liilll,lTH Bei cxpense to exec,ute and dcliver all further documents or .uOll~TKOBj Jl.OKYMe[~n! a60 yroW1 Tn 3JJ,iilcmml \lei agJ'eements and to take all further action that may be .uol\iJ'l'1(oBi .0.1]" :i!1<iMmKyTb 6ynl Hco6xi.u1:ll1M1.1,!lOll lIKi necessary or that tbe Mortgagee may reasonably .InoT~Ko.n;ep)\(fiTenb Mo>t<e 06rpYlnoBllHC) 1\11M!\I'lH'H, ,(\JIll request in order to register, record and protect the first pCE;CTpaltlY, o6niJ<y Ta 3aXldCTY nepl.UQ'lepn,lllo'l I!lO'I'CICU. pritlrily Mortgage created hereullder and 10 enable the C'tBopeHo]' 3a UI1M )].or0130pOM, Jl!151 Taro. JUon Mortgagce to exercise and enforce its rights and Any InOTtlKO)lep>t<aTeJlb Mil' 3niHcBnTI1 eBo'i npatlll Tll remedies hereunder with respect to the Collateral. CKopHcTaTucll 3ac06aMl1 npaBOBoro :HlXflCTY 'm \llIM eOS! 01' expense resu lting from any of the foregoing )J,OrouOpOM lUOllO I1pellMery InoTeKI1. GyJlb-lIld 11l1mWlCfl a60 aCliol1s (induding those <[mOUnts incurred by Ule BWrpa1'fl, UIO Ijtltl,nH1:l1!I{)Tb i3 BI1U!03a3IHl'ICfIllX )lUl Mungagce) shall be borne by the Mortgagor. (llKJflO'mlQ"Ica Bfl'rpaTI1, nOHeCCfli I tlOTeKOJrepiKaTCJteM), nOlcpl1BalOTbcll 11l0TCKO,[lal3lJ,eM.
The Parties hereby agree that, when certifying 2.6.3 CTOpOHIl lloroAllCYIOTbClI, lllO OllHtl ll\l:lJtl ~ 2.6.3 this Agreement, a o01'ary shall impose, in accordance IloTaplanbHllM nocBiAqel:lH~M Uboro Jl,oroHopy, lIonpiyc lltUmaJJ.a, 3ri,nHo 3 'llllHlt1M 3aK01lOJJ.atlCl1JO;l,1YKpi.li'llJl, with (lppJiellblc legislation of Ukraine, the prohibition 3a50pouy Ha Bi)~'1Y>t<CllHHnpeJ.1,MCTa IIlOTC1<I1, lIJJHlxtm lJll al iCllation of the Collatcral by cntcrillg infonmltion BHeCC1Itl.ll fJi.o.OMocTei1 npo TaKY 3a6opony no PeeClPY Oll ~ueh prohibition into the Register ofProhibiti,ons on 3auopoH 8iJ\'ly.iKClillii Ta Ha.z:tae IOOTCICOJ\Cp)K<lTCm,) IIm'lIT :3 Alienation and providing tll an extrdct !HTb npo ~laK1IaJ.lemUI 3a~opOII[j Hn from SllCh register evidenc~ng . sition of InoTeKl1. TaKH 3a6opOHa .nil prohibition on alienation of Collateral, Such prohlbltiol1 on al.ienation shall be in eftecl throughout ai.u'l'Y-)lCCdilJ.J1 3:6eplTa: iJ.ImJ;HieTbynponO.ll)K JJCbllrtl l:"1}){yh)' Uho'ro )J,oroBopy 1 npmJI'I11HeTbcH mlUJc Y lJ<1'JiUJ1Cl',tI\1CH 11'1<.' tl'THI "f this Agreemcnt, and shaTI 'lJe l:ifted orily Up"J) .ddiv,-"ry by the Mortga.g<-,;; to the notary of a InoTeKQJlejJIK3'l'eneM HOTapiycy 11I1CbM(1110{U nmliJ\llMllellml .that .oH oftne Sec\;lf'Cd Obligallt)ll~ .np'" 11ollHellHlCoHaHullBCix 3a6e3flc'H.'ll'lJX 3<l6{):tJ'II:ll1H~. wTlttl.~n confirmation Taln60 :npo l~pltlll1HeHHll Kpe,ll.111'tH1X):iOI'OIIOa1i11 "Ill 111.Ill'" have been di~charged :In fuH .mdlor tlllat .the F~K:jU:ily )J,oroBopy. JnOTelCO.ae;p)JcaTeJl}, 306011 'JiI3,JtilHl'i lill21t\'l'H Tal,f; Ag)'I;('mcnts or thi$ Agreement has been (er.mljlatcd. gtfch 1101)Ce .II) tl:i.e JlOt~I.f'Y llorlitH1M1.le1-11111 :i-10Tll'piy-.:y ynpottoB)!\ 3:0 <'))!,j[H!jl'.f'Hl The Mtlrtgngee shalldel:iver Po60lJi1x, ;I1n:ill 3 .n;IlTI'I nOlllioro 11IU\o.tHUIWI Iltix within 3(1 (thirty) Busines;') Days of f\lll tii'Schal'gc of 3110e31ll:~leHm 306o.B'~3aHb Ta/auo TJPlll\lI1lCIJ\1l.lI tlelX .the SeetU'ed Obligations and/or termination of all applicable. KpcJ;nmmx ,non:J1lopiJl '111 UbOI"O )].orol<Opy, 3tIJICiI(H0 Bill Facility Agreements or .this Agreement,as !kOHlCpeTliOr{)BJ1na.l.\XY
t

2,6.2

""j'

2,6.4 'l"he stale duty, fee for notarisation services ,nep-Kuuue MIlTO, nJl8TY 3a l1oTapiam.ui Ilo<:Jlynl Ta 2.6.4 1I, nOB'1l3fiUi i3 HOTaplanbllllM 11.:lli).I'l\)llLUI~1 and other expenses in connection wllh the notarial imlli B lJ,orol}o ecrtjlkntiOn of the Agreement and registration Df the ,ll,ep)lc8B Mllligage in all relevant state. regii>ters according tothis

2.7.1 Ue~l )1(omBi.p .CT:ll0pJOCInoTe1<y,mo H<lnpe)lMeT InOTel<l1Ta:


(a)

36epira

This A.gRCement .creates CI1J1y. 2.7.\ Mortgage over ;tb~(;ollale'ratl and shall:

ynp
1'a nO.Bf:lOrO
B i,!]Jll.JBJ)!J,110

He Cl<1'lI.'O;l?y,,:r.;ClI 1\ pe:l)'I1l>TaTi (}YiU,-lIKoro BI1KOHaHHlI 3a6e3ne'lel11fX 30'608' lI3<ll-lb;


(b)
060B'lI3KOBHM .1J,.'l.q InOTeKonaBuSI, ~Ioro npaBoHaCTynH~JKiB, Ha6yBa'IiB HOm npaB i uecioHllpiYIl;

(a) rema~n 'in ful;) f-cree arrd effect throughout the Security Perlorl, .that is, d performance in full of alll,r in accordance with the terms of ellcb uf Agreement and shall not be disclmrgcdby ilny partial performance of the Secured OMigations; (b) be bin transferee." ~md (e) inure, together ~\litbtnerights alldrem6dtt-sof tJ1CMOrtgHb'CC, to ll't: benefit of the Motl@lg-ee <llId its respective RUc<:{;SSors,transferees and llssigns;

(c) Ha6yBae IOPI1JJ,H41'IOY CHJlI1, Pa30M 3 npaBaMI-1 Ta 3aco6aMH npaBOBoro 3aXI1CTY InOTeKoAep~Kal'eJIR, Ha KOpHCTb Ino'fe!~{}nep'Ka"l'e;'llI 1'a, BinnOBi.1lHO, Horo npaBOHaCT)'I1HHKi'B,Ha6y:al1'liB H0f111 fll'111lTa uec,iOf-ll1piTB;

bc' in addition 10 and j;han (d) f; AO,llaTKOBHM AO 6YAb-JlKI1X iHlJJ-HX (d) 3a6e3ne'lYBllJlil,HI1X npa.B, SlKi .InoTeKOnep)J<aTCJIb Mac :lapiD any other security interest Mortgagee j~r -all or any of tIle S~tli-erl aGo Iud BiH Ma1'HMC.. w,o.uo BelX Ta 6Y.llb-JlKf1X3aoc3ne'lc!1Hx 3060B 'Jl:laHb, i TaKl ilflui 3a6e3ne'lyBaJlbHi npa8a m: BnJlI-1BalQTb Ha uefi norcaip; (e) Ha 'Hboro >KOlJ,HHM'1I1HOM He llnJH-lHe 6YAb-SlKn (0) not be aJTcctcd in any peoprat-liJaui~ InoTe1<oAat1L\Sl,y TOMy '-lHChi, 6e3 06Me~l,eHn, reorganisation of the Mortgagor. il 6yAb-JlKa 3Miml opr31'Ii3auiHHo-npaBoBoY qmpM1I limitation, any change in the Mon-gagor; and !nOleKOJla'll
(f) continue to remajj'l (t) '$' Cli B CHJli BnpoA01~>K IIiKBiJJ,auii', peoprafli3auil a60 np08ft,Il)KelUI$I 1110,.'10 Illnl-HUIlUI liquidation, reorganisation or inliol HenJlaTOCnpOMO>lmOCTi ({)aHKpy1'cT8a) InoTekOlJ,a8UJl y 1'i of the Mortgagor to the extent pcrn1i Mipi, B llKiI1:ue A03BOJlCHOlfHHt-lf-lM3aKoHoAaBc1'BoM. Law.

2.7.2 3060B'1l3aHHll InOTel\OAaaUll 3a UtiM }~oroBopoM Ta lnoTeKa, CTBopeHa 38 l\HM noroBopOM, 3,lJ1I1WalOTbCll nOBHic'fKJ '-lftHHHMHTa .uiikHHMH, HC3allJl,U10'111lIa 6YJ\lr$l'I<Y .llilo,6e:millJlbHicTb, llSl1ti.\e a60 o6cTammy (iJinOMi a60 HeBilloMi InO'l'el<o;tlUll11o 'JH Ino'h::KoAepJKtlTCJllo). i BoHH He cKacOByKJTbCJl, He nplfmltlllfOTbCJl 1I1M'JaCOBO a60 nOllHieTIO Ta iHUlIfM 'lHHOM He 3a4itTalOTl,eJl 5YJJ,b-llKOIQ AiEIO, Oe311illJ1bHiCTIO,SlBllw:eM a60 ODCTftBHl-IOIO (llinOM HMH a60 HeBiJJ,oMHMl1 InOTeKOAllBUKl a60 111OTeKo.uep)!(aTemo), y TOMy 411cni, 6e3 06Me)KeHHIl: (a) 6YAb-llKOIO Bi)lMOBOIO;3rOJlol~o, nOllOB?KeHHSlMa60 BiAcrpO'IKOfO, lUO HallaHi 11lOTCKO.!tUBl\IOa50 6YJlb"l1Icirr iHwil1 oco6i 4M InOTel<o.z.maLlCMa60 6y.ub-~KOIO illUlOIO Oco60KJ;
6YJ.!b" ]UK01IlH1M 06Me)l<e ~l, 1l(','li~3Jl.aT fJetlpaao:lAI'lil'liicTIO aoo hI 05Mell<eHHIlM, W:O B-i.uH.ocaiT!>C}lno lrroTeKollallUR 'fH 1110TeKo.nep*aTeJfll a60 6YiXh-Sn<O\imuo'i OCOUH. (b)

2.7."'2.

TIle obligations

of the

Ag.reement, and the MOt J'Cmain in mt1 force and


shall not be released, terminated or otherwise affect oe<:lllTcncc 6r.tin:umslimce (whether or the Mortgagor Of the Mortgagee) inc,hl limitation:

(a) any waiver, ebn~ent, ex' granted to or by tht: Mortgagor or

(b) any legal restrlction, other limitation relaling to aflY o Mortgagee or any other person,

2.7.3

B Idlll..li lTepiony l\HM AoroBo looTeKoJle U\'l,LlypynpHMycoBoro

3a6e:me'lefHllT InOTeKa, l-lanall3 33 2.7.3 At the end of mintT!>(',,)l, ltr<llIO ,.iJfb1\H Mortgage granted hereby ue-cianapill lIe p03rH)'fI.lyTb Mortgagee or its assignee llf$k'OlmI1J-1~ InOTeKfi Ta 3l:lCplre'f1f1l1 and foreclosed upon the

the See snaIl ter has entor Collateral

10

lated by this Agreement. At the end of Security Period, the Mortgagee will, at .lh~ expense of' the. Mt\flgagor, execute and deHver to the nola!'y such fI document'S us are necessary under Applicable Law t<> cvitlclWC such termination to release the relevant 3aKOHO;uallCTllOM .L\Jllt TOre, UlOQ JJ\1Jl,Y'UHll llinrmlli;:uti 3allJiCH clltries 011the Mortgage and hun on alienation from the of Mortgages. t\IJd the Registc!' of ItJO':I'eKI1 'fa 3a60pOHH HU nbl'I)')KCmUI :3 Slate Regisler Prohibitions on Alienation accordiJ.gly, Providcd all }\epllta!l:Horo PeecTPY InOTeK 111 PeE'C'I1)Y 3aoopol1 BilNY)KeJ.H15l, 5I1Wlo Bci 3a6e:me<\cHi 30o()n'ltaUHHH Secured Obligations are duly fulfiUed by the Hil.llell\HllM 'l1<lHOM BH~oHaHi InoTe:KoJ~nllueM, Mortgagtlr. the Mortgagee shall not \.mreasonl.lbly delay IUDTeKOilep)l<bl'renl>He Mo)\(e He06rpylnormHo :lll'll1n~'IYUblTH oj' rcft1~e issuing a written confirmation of terminrtt10n a60 BiIlMOBI1'l'HY HMalffii OHCbMOBOTQnlJ.rrt1c!J1l11<CMIIl1 nj)o of this Agreement. rrimmlHelU1Jl Uboro AoroBopy. 2,8 Binnolli.tIaI.1li!!l.iI!l. lnoTeKa, CTHOpClta 3a 1~IlM )J.orOllopOM, He :mi;fbl'lltC InoTcKoJUHlUJ! Bil! OYJU.-HI<HX o60B'~jktB '1'a 3000B'1l31:lHb :la 6Ylll.-llI<IlM IWlrrpU1\.'OM a60 ilorollOPOM 3 TPCTI>OfO oe0601O Ta He nOlv'1H,!ttlc nn InOTeKO~ep)l(aTen51 TaKHX 060fl'H3Kill '11\ 3001111'1l3aHl l'11oTel<oilMel\l> 0l13H3e Ta r!OI'O)lIKYCTI,Cn, lito iUOTCKo1l.eplKaTenl> Ice Iiece Bi)lIlOJ~iJl.<lJll,Ji(.I(.n,ilTC'pe/l !nOTe1<op.aBu,eMa60 6YAb-1I1<01{) iHWOl{1Ot:ODOl<J :m OyJ\h-JIl(i 36J.iTKI1,51Ki MO)\(YTb 8HHHI(HYTH An8 1l10TCKOIll\l1l(l1'Iepe'l yKnan.eHHII HIiM u,l>oro ,1J.oroBOpy a60 BJtl\llIJaHHH HIIM t:H{li\: 0608'831<i8 3a HUM. l.X The Mortgage created hereunder shall not rdca'Se the Mortgagor from, or impose upo.t! thc Mortgagee, any duty or obligation under allY contract or agreement with a third party. The Mortgagor acknowledges and agrees that the Morlg!\gee shall not be liable to the Mortgagor or any tHhcr person for any losses 10 whicll t4e Meng;agor l!lay hc\;ol11e subject by reason of ,It having entered into, or p<''fformillg their obligations under, this Agn:t:rnc.nt.

2.9 lljJ1E!QJ211~~. 5fKUl.O ()Y.Llh-JlKC is 2.9 ~m!l!l!1l5t!llim!. if any of the Secufed must be disch;.wgeu by payjllBn! to the 3a6e:meQeHHx'3060B'513aHh nOBl-Unlt! GYTl1 1l1l1WlJ<IHe Obligation. ll:IjlJlKoM 3):\ii1cFllHll-lll!1JIUTe)Kill I nonll\OJlCP)KflTCJ11:Hin150 y Mortgagee or any other afrangcmen4"and that payment 6YAh-llItHH iHllll-tMcnociG, i 1'1\1((1 Bllnmn}\ uno CI1Qd6 Jrol\GM Of arrangement is subsequently avoided Of otherwisl3 He BllKoHyeTbcJl aGo llt,n.Kna.naeThCli (1l01l1lit"no <160 sct aside (in whole or part) in accordance with tlaCTKoBo) 3ri).J.Ho3 'YI1HHHM3aKoHo,nflBCTBOM\Y TOMy llllCIJl Applicable Law (including bankruptcy Of insolvency si'iAllo b SUKOHo,n.aBCTllO npo 6a1-1KPYTI.:TIlO TU lie law), then the Secured Obligations will be considered nJlaTOCUp0.M0IKH1CTb), 3a6e3ne4CHi 3060u'Wli1l1H.l1 lie not to have been satisfied to the e"tenl that such tlBlUlCaT}IMYTbCJl Bl1KOHaHI1MH 13 Tili Mipi, 13 SII<111 Till(IHi payme!ll or arrang.ement WlIS avoided or otherwise s0t nmlTi)l( a60 Cl1oci6 He 6Y110 BI1KOHaHOuoo 6)'110 lliiiJOmnello. asiJc, and the Obligations of the Mortgagor under this i, ai.nnoni):lHO, 306oB'1I3a1HlIl Imrrel,O!l<1llml :ta lIUM Agrecmcnt shaH continue accordingly. In that case, ,1J.oroBopoM npO.D.OB)I')<llaTl1MyTI> Ai5lTH. Y TaJ.:(lMY IJI1fHl.T\,KY.upon Ihe request of the Mortgagee, the Mortgagor shaH lIa mfMory InOTeKO.D.ep)\(aTenR, InOTeKO!J.llHellb 1I)1(1l1HlC !lcix take all actions necessary 10 give effect 10 Ihis Clause Hc06xil(lHlX 3aXOAiB .DJl1l I3Hl<OHaHHll lJO!lOiKeUb HbOI'O 2.'~, including, as the case may be, to rein,,1:atc the nVHKT~, y TOMY 'If\c.ni, 3artelKMoBi!J. Q01.:nHlIIH, iVlH Mllftgage of the Collateral if it has terminated COfany nijlHoB$tCHHll InOTe\<H H3 npe,nMeT InoTcKlI, llKUlO il Aill reason (although it is thc Parties' intention amI np~tnmlllna:Cll 3 6YAb-llKO'i npWlllHll (XO'lil llilMip i agreement that it shall not tcrminute until the Secured )loMOll.neHicrrb C'1'opiu nOJlllrae y TOMy, Ill() J.lill InoTeKll lie Obligations have been fun), and irrevocably satjstied). nplmHHRITl,CST AO nOBHoro i oCTaH)'lH01'O 3L',llo.110>ll~Il\l1l 3a6c:mU4etHlX 306tul'l1'laHb).

3.1 3a5lBliTfl rapaH'rri Il\m~lS9A!W.!!~. l.~m,1 InOTeKo.nalleu'b Hll,nll InOTeKo1l.ep){(l'ITaJliO'I'atd,a Il<:llllelllilt 1'll rap3m'il Ta 'JOOOll'1l3yt::TbC5I 3a6e:3JletUlTli, 11106 Hi :lancllHeHHll 1'1'\ rapalHii' JaJlflll1aJ1HCll npUll!lIllIIiMlI, IlOHHHMII 1'a BipHI1Ml1Ha ,!l.1l1'y 'Lx lIuAaHHll a60 not!TOpel'lllli:

ReprCSehH\lions The Mortgagor hereby MlJrtgagce as follows such representations c011lph;te ane! correct repealed:

3.1

and WJm:lI!!!i<l~ 0fMortll.ngor. repn:!lcnts and" warrants to the and undertakes to ellsure that and warnmties remain lrue, on cadl dat.e when made {)r

3.1.1 the Mortgagoris a legal entity estnb1ishedin the form Of an open joint S'({)ck company duly rugil>1cred and validly existing under the laws of

Ukralnc;

3.1.2 lOplWJ1'lHOY oc061:1, nOBHOB ,!1;iJJI ni.unl1CaHl:IH Ta Bl1K OpM;rTN1HJl 1'a 13M.ua'J1 .n:OKYMe 51bin ,Iboro 3a UHM )loroBopOM, '11\JUlJl nepcJttlCJi.8 [nOTcl,y I1pel1MeTY lnOTCKH, JlK nepe.n6atlCHO UIiM )lorollopOM. 1119Te.KOfr;)llCUI< 3.l\ii1CHHB Bci Heo6xUJ.HI Jl.~i (y TOMy '1Hcni Bcl KOpnOpaTl'lBtri lliY), He06x i.ulli Mll l:li).t1111CaHI1J1 'fa. BHKO.fl&lH!ll.Uhoro .D.oroBOpy HI .uOK MalOTh 5yui HallUHi lil1M 3a IHlM )].Or0BOPOM. ,!1;iJ1I f1Cpe.na'li B (nOTeKY np InOTeKH; ].1.3 ueA )lOrDBip 6yn ni,um1caHHH II;Ule)KHI1M 'lHHOM ynoaHOBa>KeHl1MH npe,uCTaBHMKaMH lnOTeKOLl<lllWl i, pa:;OM 3 yciMa illtUlIMlil .uOKyMeIlTaMIl. f-laAaHHll !lKII:': BllManK1'bCJl Bi.u HbOT'O3a UI1M 'uOrollOPOM. CTaHOLjliHl>llii1cm: Tel 'lHHHe 3060B 'H3aHH!l lnoTeKOllaBUH, l1lD MO'Ke 6yw :.HlepHeHe AO BI1KDHaHHil 11l0,1\0 InoTeKOAallUJl gi,1InOBillHOCTi 3 HO,O yMOBaMH; 3.1.4 InoTeKoJ1alleUb Mae nOBl:lc ..':l'a BH1<JlIQ'IHe npaBo BJlacHoCTi Ha npC,ll,MeT InoTeKH. lil!'b;'!r Binhl'lHlI,l iliA 6}'J1!>JlKl1.X 06T$l)KeHl>, inOTeK, 3acTaB, opovi.uH"nepCB.(l)l\HHX UptLil. npall KyniBni Ta nCpeBa>KHOrO rlPH.a6'IHllll, i BpMMf'f' 3aCTaBI1 I-Ie IS 06'CKTOM 6y Jlb,$I]{uro.cnopy. cy.ao!J'Oro npouecy, opnBa I-Ia3aniK a60 3ycTPhlAoro 11030l3Y; 3.1.5 npeJ\MeT 100Tel(1-I ~IaJle)KHI1M.'lHHOM 06JliKOBYfThC51 Ha 6anaHci InOTeKoPilBuH, i 6yB nOBHicTIO C1'I.'1a'Jo11n11 Ta iHWflM 'ThlHOM3aKOHllO trpIUl.OmHrli InoTeKo.naBucM;

3. 1.2 the Mor or has full corporate power, authority, right legal capacity to execute and perform under this AgI:eement, to execute and issue the documents required to be delivered by it hereunder and to grant the Mortgage of the CoHateml provided for hereunder. The Mortgagor has taken all necessary action (including all corporatc action) required to authorise the execution erfonnance of this Agreement and Qf the (() required tD be delivered by it hereunder. as \ the Mortgage of the Collateral; 3. J.3 this Agreement has been executed by duly authorised rcpre$il}ntat(ves of the Mortgagor and. together with all other doeume.nts. required to be delivered hy. it hcreunder, constirutes valid and effective obligation of the Mortgagor enforceable in accordance with its terms;

the Mortgagor has full ownership' to theCo)la~erul and all Jj mortga rights, I~ghls of prl ana Collateml is not SUbject to any offor counterclaim;
3.1.4

3.1.5 the Collateral is propcrly Mortgagor's balance sheet and has or otherwise lawfully acquircti .

r\:l\:lordetl on

3.1.6 the Mo 3. 1.6 peC'rpal~iJl "pana BJJaCHOCTi InoTeKo.ua npellMeT Tnoi:~~16YJla !Hll1e*HI1I\1 'IIHIOM. Collateral has Bi.unDai.nmTM OpralloM ,Uep1l<l1BtlOi'BJlU,UII, i ,aKa pee Goverruncnt,ll At e nOBHicTIO '1I1HHOIO Ta .niHCHOlO. i l1(OL~HIlX3Miu ,tUl force and effed, an PeecTpaUi'i npaBiI BnacHOCTi ) nO'rel<OIlBnU}f Ha npe.uMeT registered or are pending; InOTeKH He 6yno 3apeeCTpOBaHO 'fa He O'lil<yTbC51; ].1.7 YKJlUllllHHH 'fa ~loTapiMbHe nocni.ll.'leHHJ1 Uboro ,D,oroBopy 1'<1 tIoro pecCTpaui!l B )lep)l'l'lBHoMy PeecTpi InoTCK e )],OCTaTHiMH )l)1H cTBopemtI! fla KOpI1C1'b InoTeKolleplKa"reJlll JJ,irrCHO'iTa TaK . )I(I-Ia,npHMycollo BHKoHanl, lTcpWO'leproBo'i InOTeK npenMeT lrroTeKH; ].1.8 YKllaAeHHlI Ta BHI<OHaHHit jJ,oroBOpy Ta DciA iHwl1x )],OKYMCU'Ti0, Ha.ualIHH iit<l1 X BHMaraeThCJ1 Bi.u InOTeKOllaBUlI UI1M )].oroBopoM, (I) JH: cyncpc'mTb j He cynepe4HTHMyTb, He npH3BOJlllTb Ta He npH3BenyTb no nopyweHl111, He cT8HOBnllTb Ta He CTOHOBHTHMyTb HeBrLKO~JaHHJ1 3000B'1l3atlb, i J1e nopyWYIOTb T<l He nopYWYBaTH~1yTb 6ynb-lIl<e nOJlO,keiTlUI a60 6YJ1b-$ll,y yMOBy (1) 6ynh-JlKoro Llll1JHoro 3al<oHonaBCTBa, a60 0) 6Yllb-HKoro LltlKI13Y, yxmuHl, phm:I1HlI a60 oocTaiiooH 6Yl.\blIKoro cYfl,y, <lp6iTp311<Horocyny IlilHlOlli,'IIlO'i LOPHCJ1IU\l!i'j a60 Opr<\HY }.'(ej}l"llBHoi' B.rH\nll U,1OJ.\0 InoTeKo.ua .' 0 fTpeAMcT)' IrH;m!RII, a60 ( 6ynb-llKoro non it YCTIllLOB4HX .uoltYMclnin I ;tuumll (y TOMy 'YHcni CTaTYTY InoTeKo:uaHUfl). 1160 (4) tiYll1dlKHX l,IHHllX nanepiB, eMiToBBHHX InOTeK(J)J,aBueM, '1160 (5) GYJJ;b-lIKOro LloroBopy, KpellHTHoro noroBopy, )loroeopy Opell:Il11 .uoKYMelf!'Y a60 306oB'1I3aHHlI, CTOpOHOIO lIl\HX C InoTeKOI,<lOeUb a60 Hl>i MalOTb 3060B'na.rll,Hy C'HllY )1Jl$l ImneKonaBUlI a60 6YJlblIKOYHoro M<IHHa. a,,-nn:dB 'HI npaB, Ta (ii) He Ilpll3Be.n),Tb )],0 3.1.7 the execution and Agrecment and registratio Register of Mortgages is favour of the Mortgagee a ranking Mortgage over the Colla
i

3.1.8 the execution, and p Agreement and all other doc delivcred by it hereunder (i) conflict with, result in the b default undeF, or vit\hltc (I) Applicable Law, or ruling of any <:ourt, appropriate jurisdiction, or Gave relation (0 the Mortgagor \H the provision of the constlluent MOFlgagor (im:lllding the Mo any securities illSlltd by the agreement, facility. lease, inst which thc Mortgagor is a party or v binding upon the Mortgagor or property, assets or rights, and (it) wil creation or imposition of any lien or of the Collateral or any other assets or

CTBopeHH~ YH BCTaOBfleHHH

5y~

3a:nrKy Ulo,!l.6 6Yllb-HROr 'H1CTIHlH 6y )lh-~l<I1X iHUlHX al,TffBill a60 rrpall nepejl6a'1eHHX !HIM .!J.orOBopOM; 3.1,9 He nepe6yaue Ira p03rn>l,ni i I1C leUyf :ml'po:1H llli)il'tl(I1CHJ{H 1K0.D.HorO cY.llOIlOrO rrpoucl:y, p{r~ClliJiJ'1Il1HllJl l15() \<YAoBoro npOllup.)l<eHH>I y 6Y.Ll,b np5h11tliKII\)MY opraHI a60 6Y.llb-llKOMY OpraHi )J,ep)f(al3!Loi" (1 npe.nMery InOTeKH, a60 CTOCOIlHOoncj.lulliH, ncpell6a'lbt1llX UIiM )J,oroBopoM, i IrlOTeKO,11aBlHOHe Bi1:\OMOtrp() 6y.ub-sn:i BI1MOl'Ha60 cnopl1 CTOC08HO 6yl-tb-yorO 'j llllU,e:,Hl'llHl'ICHOI'O: 3,1.10 InOTeKO.1l.aBeUb oTpHMaB Bei ).to'J IlOJrlI TlI CxaaneHHH OpraHia }J.ep)l(allHOi' BmVlH llilll\(1'iKllOl'O Opl'lluy ,LteplI(allHo'j Bnal(H, 0TPJ1MaHHlI lIKHX Ha 'l'cllepiu1Hiil 'HIC BHMaracrbcli 3a lJJ1HHHM 3aKOH0,11aBCTllOMfliJllnOTel,oJ:liHltlll y 3a~il3KY 3 (i) ninnl1CaHHlIM Ta l3HKOIHlHnllM UhOfO )J.or080py Ta ,llOKyMCHTiB, Hal(aHHSl !ll(,llX 1l1lMaraCI'bCll Ili)l HbOro 38 L\HM .LJ:OfOBOPOM,(ii) BCH1HOllJICHH>IM,'1lIHHic'IIO, MOll(JlHBiCTIO npl1MyCOBoro (lI1KOH,IHHll T11 (';<1 yMoHll pecTpaL\i'i uie'i IrrOTeKll y BiJ1I10Bi,ll.IIOGTi 'I !JIlHHlIM 3aKOHQ,llaBCTBOM)nepwo4eproniCTI0 InOTeKH, lTIlO!JCIlOi' 111 UHM .uorOBopOM, (iii) ,llruJ 3,ll.ii1cHeHHJI IIlOTC!(OJ(CPiK3TCJIl:M 6YJl.b-llKI1X i3 Horo npaa Ta 3ac06i8 npam,mo!'o 'JaXl1C1Y ,<I flUM AorOBopOM, i Jl.nit BI1U\e3a3Ha'JefJOro He nOTpi611i (iYJlhilKi il1wi .!J.03B0J1H, CXaaJleHHlI OpraHin ),lCp)j(tlHflO'i 13JIIUtH a60 Ai'i 3 60Ky OpraHiB ,uep)J(i\BHO'i BJllIJtlI aoo TpeTbo'i CTOpOHH, a60 6Y,ll.b-l1Ki nOllaHHll .11.0 OPI'<1l1ill l.lcp,KlluHo'i Bn8JJ.H a60 TpeTbO'i CTOPOHI1. lnoTeKoJI(WCUh 'JJlillCfIl11l [\I}O Hanan, 3aJleIKHO Bi,ll KOHKpenlo'i CHTyllllii'. Jlci llO),UIlIlH 11'00 1T0BiAoMneHHlI, lUO U1MaralOTbCH y 3B')I',IKy b llciMa 'J'm\l1MIl ,u03BonaMll Ta CXBaJ1eHHlIMJi OpraHiB )J,cp;JaUIllo'i 8m:!lllI, .8 !lei BOWl E: i 3aJlliWaTHMyTbCli nOBuicTI\) l{ltlHIIIMIL 'nl ,ll.iHCHHMH; Bci npana InoTeKOnepll(BTenSl 'la 1(11~1 ,fll)rOllllpOM Tn I3ciMa iHWIiMH ,ll.OKyMel-fTflMH, Ha,llaHHll Sll(HX IH\Mnl'ilCTbCH Bi.a InOTeKo.aalll\J1 3a UHM ,uorOBopOM, t' 11l1lIHHMil Ttl TflKHMH, UlO MOiKYTb6ynl nplJMyCOBO Blll\OIH1Hi. BitlfJOlfi).(HO tlO 4tillHoro 3at<OHOtlaBCTBa, Ta al-ll lteii J.\Cl('Ollip, aHi 'r~lKi iJIUJ{ J.\OKyMeHTH He MiCTjjTb nOJlO)KCl-lrm, 1I10 MOiK)"rb n036alnlTH 'lHl-UWCTi UYAb-SlKWt\ 3 HHX aGo Gy,llb-lll<i HpMa {n()TeKOnePll\8TMlI 3a UliM )J,oroBopllM aGo 'm T(II(H~lIl imUHMlt ,llOKyMeHTIlMH;
3,1, II 3.1,9 no litigation, investigation or proceeding of or bdtwe any arbitTator or Governmental A:l~thority is pending. or threalened involving any of the Collateral, or relating to the transactions contemplated hereby, nor is the Mortgagor aware of any claim or dispute in respect orany of the foregoing;

3,1,1 [) the Mortgagor has obtained all Authori&'a-lions tjnd Governmental Approvals from each Governmental Authority currently required under Applicable Law to be obtained by the Mortgagor in connection with, and no other Authorisations, Governmental Approvals, or ,Ictions by, and no filings with, any Governmental Authority or third party arc ll()ctlSsary for (1) the execution illld performance of this Agreement and the cIOt'umcnts required to be delivered by it hereunder by thc Mortgagor, (ii) the establishment, validity, enforceability and (subject to registration of this Mortgage in accordance with Appllcable Law) firslranking priority of the Mortgage created hereunder, Hml(iii) for the exercise by the Mortgagee oEany of its rights and remedies hereunder. The Mortgagor has made or delivered as applicable all filing or not'iees required in connection with all such Authorisationsand GovcrlllHental Approvals, all of which are and shall remain in full force and effect;

3,1, J 1 all of the Mortgagee's rights under this Agrecmcnt and all other documents re<}uired to bl:; llelivcred by the Mortgagor hereul1~er are valid and enfor'ceable under Applicable Law, and neitbt;.~ this Agrcemenl nor such other documents C9n~!llt~<UJY prOvisions that may invalidate any of them ox a.ny of lhc Mortgagee's rights hereunder or thereunder;

3 AaTH 110ro CTBopeHHlI He CTanoc>! :lMiwl II Inl'llli a60 HaJBax, nin IIKHMH aiH 3Jl.iiiCHIOi: C\lO\U itiSlJlhHICTh aDo 3Mh'! opl'tlHi3au,il:ll-lo-npalloBoi' <pOpMI!, IlpO llKi lIe 6yJl() nOB~OMneHolrtOTeKollep*aTenro;

3.1.12

J, ,:: there has been no change in its name, or the nalllCS under which it conducts its husiness, since its creation, or its organisational form, which has not betln notified to the Mortgagee; ,'\.I .13 except as required by mandatory provisions of Applicablc Law, no liabilily shall attach to the Mortgagt:c or any of its agents, employees, successors or assigns for the sole reason of it being a Mortgagee under this Agreement;

3.1.13 oKpiM .HI< BHMarllt7rbCll OOOU'll'llWIHtMII n0J10iKCIIHlIMIl tJ'HHHoro 3aKoll\lJlHuC'ma, y 1nOTe'KOnepll(aTMlI , 6YAh-liKoro ~ iionJ UI'CHlill, cniBp06iTHliKll3, npaBOHacT)lhHHKiB aGo llceiollilpi'ill IIC IlIlHHKar BiAnoRi1!.aJ1bHocTI JlHUle 3 Tid npll'llllll1, 11\0 Hin ( InOreKOJl.eplKa1'CJlCM 3a UHM .uorOBopOM;
3.1. 14 InOTeKO,llaBeUb He ITOPYwyc i HilmJlIt lie OTPIlMYlli\fl BI.U6Yllb-SlKOi"OCOOllllOBi./lOMJlCHHlf aGo iHlU n upo
Te, UlOBiH fl OllOlQ

a60

iUWHM 3060ll
'I IIH

cBOlx,

,1,1,14 the Mortgagor is nOt, nor has it received any notice or other claim from any party that it is, in breach of or <tctau!! under, or otherwisc not in compliance with the terms and conditions of flny of its obligations which relate to or uffect or may relate to or affet:t the

BnJIHBBJOTb Ha HbOrO a60 Moillyrb IOOTeKH 'IH BnmlHYTH Ha HbOrO;

CTOCylSllTHClJnpeAMeTB

3.1.15 He iCHy: )KOAHl1X eiflOMHx lnoTeKOABBUIO AoroBopiB. AOMOBJle,IOCTeH, no yMOB, npUB u60 6YAb-JJKH'Xir-mIliX oOCTa8J1H, 'HmOM M0*YTb HeraTH8HO 8nm:fHYT.H Iia rIPCJlMeT InOTeK)il a60 npa8a InOTeKOlJ.aJH\l1 no Bi,IlHOWCHHIO AO Hl>OrO a60 Ha InOTeKy, CTBOpCHy UI1M)J.oroJ3oporvr; 3.1.16 TnoTeKO;Ull1leUb He 01"OJIOUlYBBSce6e 6aHl<pyT<~M i He CTas HennaTOCnpOMO)l(HHM, j alii He HpHlrMall i1\OJll-fom piWCHHlJ i HC 3tlii1cHloBaB )KOJ1l1l-IX Aii'! lUill Horo JJiKBiA3Ui'i, ca1:lallii' (<\iiHaHcoBoro 03IlopOBJIeHHlJ), I1pl11tila'lel-JHlJ LUOllO Hboro 30ll-HiwHbOro ynpaBJliflHlJ a60 3.n.iHcHeHIllJ Horo peopraHi3au,iy' rIosTopeUlilSl .. 3an!'!B.tl!!!Jb Ta J'apalf!:iLL!.IW:rclw,'lasJ\!!. KO)KHe 3 3aneBl-leHb'f'a rapaHTii'1 InoTe'KOJlatlUlJ, BH3HaQeHHX y UbOMY .L\oroBopi, BBa)KaCTbClJ Tal(l>!M, LUO nOllTOpK)CTbCli InoTeKo.11aBu,eM KO>KHoro JlHll ) )l(!lCbOro nepio.11y 3a6e3ne'leHW1. !nOTeKOllaBeUb 3 Ta rapaH1)'l1, lllO H3 AaTY ni.11mlCaHHll Uboro )J.oroBopYTa aa A8TY OYAh-llKoro nOBTopeHHll, llJ( nepeA6aLJeHO B flonepe,QI'lboMy pelleHHi, 3aneBHeHHJI Ta rapaHTiY, Ha.11al-li B IlYHKT'i~~" llip1iHMH, nOBHHMHTa TOLJHHMl-l,i LUO HOMy He BluOMi 6YJlb-llJd iHlfJi (paKTJ-Ia60 nf-ITaHHlJ, HeHMaHHll iHOpMau,ii' npo llKi p06HTb a60 MO)l(C 3p0611TH 6YL1b-llKe i3 3allCBHeHb i 6ynb-llKY i3 rapaHTiH, H8.11Bmn( y I1yl-lKTi 1,J" TaKHMl-I, WO BBOllllTb B oMaHy.
3.2

3.1 .15 there are no agreements, arrangements, prOVISions, condiHons. rights or any other circumstances known the Mortgagor that may in any way adversely -affect the Collateral or rights of the Mortgagor with respect thereto O( the Mortgage created under this Agreement;

to

3.1.16 the Mortgagor has nor become insolvcnt, nor action 10 cause itself to rehabilitated, put under reorganised.

neitfic[:-filed for bankruptcy raken a decision or other be liquidated, financially external management or

3,2 Repltllti.Q!LQ.f.10ortgagQL_Representlltions apd Wi!!TIlnties. \:;::\,:11 of the reprc~'enlatl0ns and warranties "I the ~/lortgagor set forth in this Agreement shall be deemed to bc- repeated by the Mortgagor on each dlly throughout Security Period. The Mortgagllf represents rrants that, as oHhe date hereo f and the date of auy repetition as provided in the preceding sentence, the representations and warranties in !:.~ U arc true, complete and corrcct, and it has no knowledge of any additional facts or matters the omission of which makes or would make any of the representations and warranties in Glause 3.1 misleading.

ARTICLE 4 RIGHTS AND OBLIGAtIONS OF TIm


MORTGAGOR 4. I npaJJ3 .!JH)TCKO.dll!~illL.!!!Qk\!L_Jlp.J;:.z\!'\";:I}'__ !BuT!;!'.!!. flKLUO i JlOj{H He l-laCTall BHnaJ.lOK }JIlUI1KOHaNl,11 306oB'1l3aHl> 3a j(0)K1-1l1M QKpeMO Kpel.l.HTtnlM ,[l,or01l0pOM, InOTeKOiJ,aneUb Mae upallO: (a) OTpHMyBaTH Bci Imro,OJI nill yTpHMaHHll Ta 311ff<laYiHoro llHl.<oPflC'nlHHlf MaHHa, lJ.Ke e npeAMeTOM fnoTeKl1, 3a yMOllfl JlOTPH1vUllHlli yMOB Uboro .t\orOBopy; 'Ta (13)IlO)lOlliTI1 rlPC;.J.Me"IX)M InoTeKH Ta BHI(OPHCTOBy1l3TIi:ltoro i1 3nil:icHIOBin'li 6YJlb-i1Ki iHWi npalla, 3Bxp.iWlefli 3a npeAMeTOM Ill0TelUl,inlklllO'IHO y cnoci6, UtO B1AnOB1)lacYMOB3MUboro .t\oroBoPY.
4.2 4.1

Bights..sli..the.

MOjigagor

with

nillg,ig.1\l. tJnless and until an E


under the each separate fo'ncl .the Mortgagor shall be entitled: (a) to receive all-bCfitlnts of holding and normal use of the Collateral.property, ~;ul>ject to all of the terms and conditiofls Oflhis. Agreement; and (b) to possess and JIl'.'C and to ex any other rights attri Collateral so y in a manner consistent withtbe of this Agreement. 4.2 OblifJ:ations ofth.e Mortgagor, In additioil to, and without limitation ot: any-eoVCJlunts, agreClllents and other obligations of the Mortga~or to the Mortgagee under Ihis Agreement or as prOVided by Applicable Law, the Mortgagor to and undertakes the following additional 0 lS, dqties and covenants: Maintenance of Governmental Approvals, The ,lild maintain, at its sole cost and expense, Auth(~rjsatiolls and Governmental Approvals referenced in Clause .;t I,JQ in full force and effect throughout the Security I'criod, The Mortgagor shall provide all .assistance and cooperati(,ul as' Mortgagee may require in order to oblain

3060B'1l3ati1-lli Il.1QTel(OL\1IBl\l.\., rla .uo.uaTOK )1.0 Ta 6e3 06Me>KeJ-lHSl6ym,-lJ.KM){ 060n'il:ll\.iu, lloMoB.neHocreil Ta 3060B'lJ3aHb InoTeKo.uunl.tll Hepen 1nOTCKO.lJ.Cpil(8TeJ1CM UKM .L\oroBopoM UDO nepcJl6a'lell11X \.jHHllIlM 3aKOHOJlaBCTBOM, InOTeKo,nallCUl> nOrO.LJiKYLTbCllT(l Ha Ce6eT(!Ki .11o.uaTKoBi060B'R3IdIT~1 :lo6ol3'!J,al[lJ>l:

,a

4.2.1 o ruB! 30601" 3a6e3neLJ 30epil'llTII. 3<1 CBit! BJLUC III Iii paxyHoK, .t\03BOlill Ta CXBMCIllllJ OpnllIill ).lepiKaIlHo'i [}JlMH, 3a:lIjNH~Hi y nOllHiel1o 'HIHllflMI\ Tn niilclJI'IMH BIljX!.uClllJK 3aG~rli:l'i~i111'1J. lrt01'eKOll.<111eu 'Ta niA1pfl~KY,

4.2.1

InOl'CKQJ1,ep;1ICflTemO .nn$! OTpJ.lMaHH~ 6y).llr 6Y!lb-'ll~o'j 6TcipOHli aGo 6YAh-ll'KO!'O CXlif!JleJiHil 0pnmy .uepllma'Hdj Bna.Iil!i ,1lJliJBHKOllaHHiJ LJ,bOJ{' L\()1'()jIOpy, Y WM)' 'lHcJJ1,6e3 oQMI;1KeHrliJ,nO!TOlKellh C1'IH'!L:s.,

Itbl,risution from any party or llny Govemn Approval for the implementation .of this Agreement including. without limitation, the provisions of Articlj;j
~.

4.2.2

llCflQro l1epltl;!\)'

3ax.lk[, JnoTeKO,1lal>eUl> ,:m60l>'itltuH!ii, IHIP())lOIllK 4.2.2 Security 3a6e:me'lCUHJl Ta :3a B.flllCHl1H j)lIXyHOI(,

JJ(;;,lU'le)KliQllJ.n Toro, 'Ill BHMarac: QborO rnOl'CK()!~eJ1Jl,<lTCJlh, perenl>HO :'lax:H~a1'H Ta yTpI1M)'Banl !\iHCIIllMlI: (I) llpe:JMcT !nOTeKJ{ Ta ad ellol npaBa Ha Hhoro. Tn (ii) InoTcKy. C1'BOpetty 3a QHM .uorollopoM llH KOJ1HCTb InOTeI<O,llep)l<aTenlt. iJK nepUJO'1eproBy illoTeKy (nc,<U1Cll(HO Dill TOro, 'Ill l>oHa OCTa1'O'H10 O<jlOPMJ1ClIrl y UillUOBi,ll.HOCTi ',I YMollaMI1 l11>CJI'O .D.orollopy Talaoo L{HIIlIoro 3ill\OUO),finCTIl<l) aiII Bcix BUMOI" I1peTeH3il1, apellrrill <160 6Y)lh-~lImx IOPHjllNHI1X 'Ill a,ll1\1liHiCTpaTHBHHxnpollccill, 11(0 IH1CYH)I'I'i, lIoPY1oef\i aoO MO)!<YTb6yTI1 p03n01.laTi II 6Y)\h-IIKlli1 'lac 6Y,E\b-llI<OW OC060Kl, wo 3aJlBJ111E; npo InoTeK a60 HalllH1icTl> npan Ha He'i, i neral1Ho iH<jlOpMyBllTH InOT0KOJ\ep).\caTe1.\11 np\) 6YJ1b-iJ'KiifftKi BHMon1 a60 npeTeH3i'i; :sa yMOUll, l1itl Y pa:3i He1HlKOHa"'H~ InOTeKOL\allueM TaKo"i fUIMorn lno'l"eKoi\ep)KaTeJib MO)l{e, Ha coili IlJlacliul1 pOJC~'Jl, Jli!<l'lu Ta y Bi;n,nOBi,llHocri liO th:UlIItlI't) a, caM 3,D,ii1CHHTI1 TIlKHI1 :,laXI1CTI.i OCl\a!))KIlTlI, BperYJlKlB81'H a60 3a,D,OBOnbm1Tli 6yr!h-lll<y lIon'II'3111Iy BUMory), i InoTeKo.ullBeUb 306()B'~3allHil CWWTHTH [nOTeKo,o,epll<lITeJ1Kl. Ha Horo lJl1Mory, Bci nOrJ'il~mlli 3 llHM
BHTpaTlI.

The Mortgagor, throu and at its sole cost an whether or not requested by the MOl1'gagee. defend and maintain valid (i) the CollaremJ and any (lnd all of its rights tbereto, and (ii) the Mortgage cl'l:atcd hereunder in favour of the Mortgagee as a firstranking mortgage (whether or not perfected ill accordancc with the terms of this Agreement andhlf /\pplieahle Law), against all claims,demands, attaehmcnts or any legal Or administrative proceedings made. or commenced, or likely to be inithtted by any pcrson at !lny time claiming the slime or any itJtcrcst therein, <ind shall promplly notify the Mortgagee Ot''<I1IY slich .claims or demands; provided that if the M1;Jrlgagor fails \0 <In so, the Mortgagee may. at its sole discreti\lll, acting reasonably and incompJiance with Applicable 1.11\\1. ;\Sst1me any such deftsncc (and COlJl'eS:!, settle or diSCharge any such Or related cla'im), and the ivlorfgagor shall pay to the Mortgagee, on demand, all Expcnses relal'ed tbereto.

4;2,)'

IHq,0PMill!ill, InOTeKO,D,aBeUb 306011'll'3a1IHH HeBiL\Kll<JW'lO mtuaBanl I nOTeKO)\C!)JKuTemo IlCIO iH<pOPMaUi!o 'ra 6Yl\b-llKi ,D,OKyMeHTu, IHO onrpynToBfUHl BIfMaraKlTbCiJ InOTeKOnep)KBTeneM WOilO npl~!JMI::TYIlIon:1<1I T8 In01'eKor:\alll\n.. InOTeI<OIJ.aBCUb :IOUOll'll:J<lHllii HeBi,ll,KJJaIiHO1'8 y nOBHoMy 06C1l3i HrlnallaTlI L\jWIOllii\i 1m llei :'lanl11'!i InOTeKO,ll,ep)l(aTeniJ, HaAaHi y :m'll3lv :.I IW~4 .D.oroBopOM.

4.2,3 Information. 1',he Mortgagor is obligated promptly \0 prOVide to 'the Mortgagee ally and all inf{mnatlon and documentation reasonably requested by the Mortgagee concerning the Collateral and lhe Mortgagor. The Mortgagor shall promptly and fully I'espond tQ any inquiries from th<.: Mortgagee made in connectioll with this Agreement.

4.1,4

,lJoI1~TKl!. tn<n:eli:.on.alteu\,. :j.Qt)I;l!~'\\:lot\.t:\!lR <1 :2)\ Taxes. The Mortgagm shaH ?fOffi?t\y ?ay when Lluc ,tLlil tax.es, duties, assessments, fees, char~s HeBi:uKJ;laIiHO 1'8CllOE:4aeHO Crma'lyllaTH alci :I!'V,lL(ITlvH,.3fl'l.IJ)11. of any type which the Mortgagor;'s KOMiciwB,i, 060B'~3KOBi nnaTe)ld HI '6,)'jlldIKi i\iHlli C'y~111 or ~~theJ'mnounts 6Yillh"~J1'0.rO Bl1,[(y, WO MalQTb CI1'IJlaTlymrra~.cll HUM y re(j~lqr\$d 10 :pay under Applicable Law in respect oft:he Biw1011mJiOCTi 3 4 HHHHM 3aKOl'l0!\allCTJllIM Cl'OCOIH 10 C\Jlhtenll or any income or profits therefrom. as wen llpeilMel'Y InofreKI1 'a60 ,nOXO}liB 'U1 llJ11'16yndt! 3<.1 HilA!. ,(I <J$stl\isfy in fu.lI all other payment obligations of any io connection with the Collateral. TllJ<Oll< In!J<{lBYB'aTH,y nOBIiOMY oDcnai llCi iJlwl OOOU'jJ;jj\otll!i Idndarising ~waTi1Klli :lo50a"jiJ3atlHlI 6Y,D,bn.KOrQ1111.uy. 11;l,0IlHHllJ<HlOTj. y 3ll'.!l~Y:3 IJpeAt>4eTOM r nOTeKI1.

4.2.5 BlfmaTfl. 1nOTe KO,D,allel'lb IIC!::rllM~ 'Ill cnJ1a'ilYlBanjl,lleBci Bl'JTpani, Ae06xiliHl Y 'lll'jl'",)' :J B}!U<0aJaljan.M :l1oro 3060a'iJ3aAb 3a LlllM JI0FOllOPOM, iUOTCJ({))lal}eUb 30608'1I3aHHi1 Helli,ll,Kll<lJJ,BO lmMI1CIIJ.)'Binn lnOl'eKOI\e,I')I{<'ITeJiIOy l1aHI<OpoTCIl~lljnpa:K'J:H':tlJ\l 1\'lQilC'1111IHii C1POj{~Bl:ii :tl0'l<YII.feh'l:l'auh~10 (ldJl:J'llltl'J'l,j<t~1i 3lIl.l0pfOl:lllJl\:l'n:i, 1l6J!11'J<11,!llH2t<llrM:!1 "l'a i'H!Clli lllrrp.a:rfl, JnO MP)I(}'1t:1, D~'Tjl lJ.oH1:le~d i i!iOoTel<OJlep'lK8;reeM y 3'8''iJ3KY l:l &\:llfl'l"1l:fleldltllM -cao'iX'l\paB lla lJ,l'!lIl,.D.or.o:aopOM:a60 iHI\lHM '1l1Hm1 y~II$'jJ:~K}'
3 UllM .uO!"Ol)OpOM.

4,,~,5 Expenses. The Mortgagor shall bear and pay ;IlIY and all Expenses necessary for \be performance of its ohligati{)l1S bereunder. The Mortgagor shan jJI'Dmptly relmburse the Mortgagee, as soon as JlI:a<;t1ctll,ie. for all documented liabilities, damages, CllJ{tSand other ExpenseB that the M.ortg<igcc 'XI~IlY'iTI,C1llIl' ill e\>nm~{;tioll with the enfQ1iCcmenl ,,of )tsr~~ts 1'l\:rc\mdcror ot],Jerwise in .com:ltlctioT;l wjt,1;J tbis }\grccment.

4.2.6 hvnership and Maj!tt~lliUlX of Collaterll. Ull!L'SS the Mortgagee otherwise agrees in wTiting, ,ubjcct to the terms and conditions of this Agreement, the Mortgagor hereby agrees that during the Security

Period, it shall rctai'll free from any lien (except as created hereunder) and tliabilities exclusive The Mortgagor OpenOI'O illfM oWl1.cn;hip rights to the lrlOTeROAllHeUb shall, at own 'Cost anclcxpense, maintain the Collateral KOU!:T yTpHM)'lH11'H npe;rrMeT in good conditivJl and in couJPliallce with applicable lrrore,1lli B jJ,onpoMY CTaHt Tll y Bi;rrnOIli;1t!lOC1"l 3 Yl1JIHHMI1 laws and regulations, tllke a;ll other steps necessary to 3aKOnHMHTa nOllO)KenUllMll, :lJJ,if.lcHIOllaTIl!lCi ,lJ,i'!,Hc06xi,UHi maintain the exiSHJllCe of the Collateral and validity of Mil ;oi)l,lI~JllMaJ"t1$ lClIilY;S<lFl'l1lnpenlii!:ery lJ1o:rel<H "I'll its rights there!:o IDld m~t 10 cLlange in any respect its 1:jllHHOc:r~ ~j;lrn:c{) ~n as ffll Hboro Tll He 3Mil-ll{)BaTlluirl'b{)13e designated U'SCtane;1 each l1art 'thereot). This obligation (rn lCetJKliO'j , includes, but not ,Iim~it n of the Mortgagor Me :He at its own "c. conduct ordinary repairs, restm"e:criiJ:lt~ , use ratj~llly 0'501l-'W;~(jl!M J:lill:'~{)Jl:!<I1ll3il 3ll :B1(aCilmJ~ ]Jf.I'lC'ylltll' t:flOo'q,ICl'lQ npOIlowmn In@\f',Q'1H1:rJ'i,PCI\'l()'HT, ~,lJ,1f;U1Bmt:"B;;rinl ~wc,m:a"lIHi the Co\l'a1>1\1'31. T'<'ltne 1.lJctMt :possible, the Mortgagor l!IOI!I!:KO,!l.*ll!IJI111, ]Jall\lUl't:It)'JihHO JeKCnJlyaTyuarJl n]Je,IJ\'MeT shall ensure~, InKing al~ 'l1CC;Cl>'baryand sulilicient InoTeKH. B TII1 Mipi, II llKii:1 ue MO)I<JlflBO,lno,'\;'K:O;1,aReUb measures, thM ,the {~ollatera] l'll modified form remains subject to 306oB'I13aliHH 3a6e3ne'IJ1TJ1, BIKH68tOlJI1Bcix He<x)xiJlHl'lX Ta (includil1g ill'! imprl'lvcmcntsthereof) Jl,OCTllTHix 3axoJl,iB Jl,Jlll Toro, wo6 n pe;l MeT I ROTeKH y the Morlgage in~vour of (he Mortgagee created by 3MiHeHoMy BJ)Jl"i',IlH'li -(jJa30M 3 ~6Y).J,u-llKHMH Moro this Agreement. nOJlinwelHlliM f1) 3'wJ}llUtlBQlIlljJeJl,Me'lOM lnOl'el>ld JJrl.l J,OpJ1CTb InOTeKOne)Kal'e1lll, cllm~eFlbTIlVl:M ;Lj,()rOllmpOM,
InOTcKIl 1Ji$1bl'lHM

:Bi1I~rti ep iraTfi M e

4,.2,7 JJQ~eFlfl1l c!.5iKwO llp~;HMeT lnoTeKH taoo noro 'ofaclTJ;lJ1Y) u:Y.ne nOWK01~)"C}JQ a60 3pyl1HollaHo, aDD JlKDJ,O t):YJl,r>~Jlldnpaea H3 Hboro a50 3aJ<OHI'111i1 iHTcpec n fIbONl'y OyllyTb npHnHHeHi 1-l3ni,lJ,cT~lJlax, nepe.n6atleHHx 4HHHHM 3aKOHOJl,aBCTBOM, InoTet>:onaBeUb 306oB'1l3aHI1H HeraHHo llpoiHCpopMYBaTfi npo ue InOTeKO,ilepIKaTeJlJl Ta BOpOnOR)K nepiOAY llacy, npHI1HlITHoro ,lJ,Jlll InoTeKoneplKUTCJlll Ta oKpeMO no rOJl/l<efToro CTopoHaMH, Bi,UI-lOBHTH a60 3aMiw-lTH ["lpe,1lMeT !nOTeKH a60 6ynh-liKY Horo llaCTlIllY iHumM MaHHoM pinHoi' !lapTOCTL 5l.Kli.\O TaKa 3aMiliU a60 BiJl,HOBJI e-ry !noTeKH a60 Horo llacTuHl1 r HeMO)l(.I'flmllMiPI, \1l,aBeUh nOlllHlCH Hal\aTIl lrlWe 3a6e3nellet\liJl, llKe 31lJlOBOJJbHJlC ln01<:K0J1aJlJ.\ll, })ilil rapuHTyBanHll 3a6c3nC'leHllx 306oB>Jl3aHb. 4.2,8 ~]lliLWl!aH}lJl l]p-WMc7V InoTe/'ll. InoTeKo}.l,aucU:b 3000B'Jl3aHHH, 3a cllii1 13Ilaeffl1i1 paxylloK, :laCTpaxyBfrt'll y CTpaxOBiH KOMnaHi'i 3 uiJi\MiHHol<J pcnyTauiE:I<J, i1Ka Ii: npHHHllTHOtO ,lJ,JllllnoTeKoneplKaTeJlJl, f1pe}\Mt'T InOTeKH (3 llKHX 611 '1aCTHH llili He CKJ1a,1laBCll)Bill pH3HKy BTpaTI1 a50 nouH<OJl,lKCHHll Ha Ha CyMy :laMiHH f1pC}.l,Mery InOTCICll, i yTpHMyBaTHMc TaKHfl llml nonic nOBHicno YJlHIJM 1'3 nil1cHHM BOPO.o.013)\( 3a6e3ne'(em-nL InOTeKOnep*aTellb nOllHl-leH J1 3a:ma'1eHlli1 6eHecjJiuiapoM (OTpHMyBaYCM CTpaXOBOro BLuWk'onYBaHHlJ) 3a BelMa TaKI1MH CTpaXOBJ1M nOJ1iCaMfi. [nOTeKo;~aBeUb 3060B'IlJaHJ1fl Hajl,aTl-I InOTCKonepllnlTCJlIO lliUTBepJ.\lKcIIHJl HallBHOCTIBcix Ta(mX CTpaxOllMX llOJ1ICiBy CTpOK He lli3HIWe 30 KaneHJl,llpHliX nHfB nieJJJ!: niltfU1C<lHl111Uhoro f-loronopy inoTeKH. )lJlJl ymll<HeHHl1 ~ 'cyMllinin, HCHilJ\aHHSI BiLlOOBijJ,HOf{j 11 TeJltO 6Y,lJ,e BllaIKaT IlJ31Ll-Ib AoroBo IlUa)T.aTHCJT ir'\KOrnOpOIl n,5, 1.4. Ub 4,2.9 3a5e311e'lHnl,
BnpoL\OB)R

_ to Co)JaterllL H I'be iC'Cl!llntenJ] any part (her 11m'S WC1~ oomag\.ld :ordesl:Tc)'cd, any rights or interesl therct{) havu been terminated on gToul1.ds provided for by Applicable Law, then the Mortgagor shall immediately thcre<lf and within II period of Mortgagee andsepa restore or n:place tl1e Collateral other property of equal vague. If restoration of the CoBatera! or oof.is impossible, then the Mortgagor shaH )lTOvide oU~'f security, satisfactory to lit,! to secure -the Secured Obligations, 4,2.7

Immring the Collateral. The'Mortgagor shan,. al its own expense. insure with a reputalie, insuranee l;ompany acccptablt: 10 the Mortgagee the Collateral (despite l1f the parts it is consisting bf)'ilgainst l'iskof loss and damage to the full r Collateral, hal! maint force and ugh tl Mortgagee e spec payee) Iilnder all such insuran Mortgagor shall deliver to the Mortgagee evidence {)f all such insurances within 30 calendar days upon signing of this Mortgage Agreement ForIDe avoidm\ee of doubt, failure to deliver such evidellce to the Mortgagee shall constitute 1lJ1Evel It upder this Agreement and is deemed to in clause 5.1.4 of this Agreement.
4,2.8

Uto

3BHtl

BiJ1bt-JllH .nOtlryli nonepeillHboro fIHC\>MollOllJ,

4.2.9 fr_t;_~4Ll1t.l!li. The Mortgagor shall eflsurc that tIlt' Mortgagee at all times shall bave f[lll and 11' <lcGess {luring normal business hours subject to two (2) Busio{'-:;l'IJ)aypl":ior written n~lHec,

[}Chorn :3l1KOtlOz,allCTBa, y TOMy

. :}l1!<oHiIJ llpO O)(O!JOHY

':nicJfi,

6CC3 o{lMC)l{CHHH, Ta cepe,uOllllUla,

3ellfJ1eKopMCTYIl<Ulllll, liallKO.llldlllHI>OrO fiOTeKH

30HyBaUlUl tlpHpOAHOfO amB,

i
aoo

ucix
1.\0 nQ

LUO 311CTOCOBYKl'l'(,CH

aGo

6YA\,-lIKOY till

'IX

'laC.T!1HI1.

,D,tJlJlhHOCTi llid Hc6c3ne4Hi

[nOTeKO~'J.alllVI. npC.QMCTi aoo LUO MQ)IWrh Hlll1:HtCCTH no


iHIHllM 'IHIWM

4.2.10 M{)rfgagor shall comply without limitation, lan(\ use, zoning tind enVil'OllUlental laws ~1l1t1 rcgulilioll5, applicable to the Collateral, or any part of it, or to the operation of the Mortgagor's The Mortgagor shall not use an . on tht; <:-:ollateral which may r tamination of the Collateral or otherwise affed the value thereof

nOBHHeH He Bl'fKOPHCToByBant pe'lollHH, npCLlMeTy 1a6pYLlflCHHJl

InoTeKI1

IllUlltHyTH Ha i:\oro napTicTb,


3Hn'l4::liHJl,

1nOTC1<QltHHCl\b
l\iJlbO:BHM

nOIJHHell

4.2.11

y
iJIlllHNr'UIHOM

,D,1!1JHIK)' JIl< 'laCTIm)'

TIPC.QMt'TY
Tll

~oro

npH1HH'll!'l!lU1M

:sa6e:me'lYJlaTH, 1l\0 yBech 'Ille llHKOp:U(,,"1'aHllll HUM r1p<mMeTY !nOTeKI1 npllMO jJ,f)3IJ0ll1lIlUCJl T;Il<HM 1\i)1l>oBM npH3Ha'leHHllM, EY.Qb-llKi nO,1JiHIHCllWI 1'<1 '3Millll npe,':\MeTY InoTel<11 noallHHi ai,'(110Ri,Il<lTI1 IliJl('OHf)~lY npH3Ha'leHH'IOi He nOBHHHI HeraTliBHO IlllJ1fHlaTll 11<1 U<::llJCJ,y
'Il11l<OpHCTaHHR a60 eKCltJ1yaTauii' npelVvlCTy

InoTcl\IJ \a60

Pe?~igj!a!~~fllm!1~, The MortgIlgot shall use the Land Plot as pan: of the Collatehll, in accordance with its designated uSe. una otilerwise shaH ensure tlnH iIt all times its use of the Collateral is expressly permitted by such designated tiRe. Any improvements or modifications to the Collateral, shall be in accordance with the respective t1esignatoo use and shall not negatively affect the safety of use or operation of aDy urtlle Collateral or the value thereof

6yAb-RKO'i Moro "laCTI1HH) '111 Iia fioro llapTitTL,


InOTeK(1.Q~l!lCL\h CTI1TH 3000 Il '$I 311l:J iJii l,cnyMJW

[nOTeKoJJ.ep)KllTCJJll,i3

ijeo6xi.n.HOtOJJ.c1'aJli3al\iE:tO: (i) np06YJl.b-llKY Bl-pary, 3MiHy a60


cnp06y OYllld!KC IltlPYU1\:,HJ4;1
'111

4,2,12 Notification. 110,11y the Mortgagee following:


(i) <ll1Yloss, change

The Mortgagor shall promptly and in reasonable detail of tbe

a60

3arp03y

nopyweHHll,

3HlJ1l\eHW1. nOWJ\OI.ln(;;:HHll,

ncyaaHHll 'li1 noripU1eHHll CTaHy npeAMcTy

IIHYl'C!'H;
1110 lHJHI1K<lIOT1,

or infringement or any purport or danger of infringement, threat of loss, damage, dl;;leri!)fi}tion of the Collatera[,

(i,i) npo

6y.t\b-llld

i1e.n.oroBipl-li a60
06Me)!<eHHll,

iRUli,

H
He

CIlJTY :J<lKCiHy, ual<Jla}J.\'lIOTJ;>Cll ]n01'eKl1aOO

06T1DKeHI:lll

'1ort

3tlJll!'!J,

m{'l

MalO'1"b J:\O'rolJip'Ho"i npl1p0J111

i BHHI1f<aIOTb
6yTH 3a HI1M,;

II cH,lIy3(\1{(.llly,

lltl!

[jj) ,Ill)' non-consensual or other statutory ch.arge, lien {JrseHJf'f imposed or likely to be imposed on, or attached to, the Collateral,

u150

MO)K)'Tb

Hal\JlailClji

11<1 I1pCl1MCT

3aKpinmOlOTbCR

(iii) npo 6y.nb-llKi

cnopl1,

npeTeH3i'i,

n03Qllll.

llllMOrll

n6t'

H a60

nOTeHuif1Ho

M<J)l(jllllli

np0I}.a/IllieHHII 1'11/(\60 Jl ilmill11uii'

.nb-~KHX 48CTliH npe.o.Me'l')' 6aJft<py:rci'Ca, HennaTocnpoMQ)I(HOC1'i InOTel<OtlallUIl,

lI!o-rel<H
'111

(iii) uny disputes, claims, actions, demands or pl'Dccedings or any dlreatened proceedings relating to any of the Collateral and/or the Mortgagor's bUllknlptcy. insolvency or liquidation,

(iv)

6YJJ.b-lIKI

npOn0311l\i'r',

LUO CTOCyIOTl,<':ll 0601l'1l:3I(OlJ01'O

r,pl1.ll.6aHHll 6Y):\b-llKOI0 oc06mo aCbOro flpetiMeTY [noTeI<H;


(v) 'npo HaCTilHHll 6YAb-lIKO'i

6YAb-mwi'

'JaCTHIIII

a60

(iv) ~lllY proposals concerning acquisition by any person of all Coll,ltcr;ll, or


(v)

Of

the obligatory any part of the

iHWO"

nOJJ.I1, ll\Q [nOTI:I(II

llllJlwm, Ha <160 1Il\~1 ~m

6YAf'-'lIK)' '1ac;nIHY a60


B113Hal"leHIlJIM MO>Ke

BeCb npeJJ.MeT
HeraTHBHO

Bf1J1HI1YTH

}la

rIPCI\MCT npalloBoro

lnoTeKI1,

"911 HllicT!>

a60

MQ)K1lIlBiCTb

IIPJ1MYCOlloro

BHKOHaHHll InoreKH,
:laxnCTY 'I11CJl1, 05cralloHJi,

a60 l-la npaBa '!l1


3a l\HM

3aeoon

InOTeKo.uep)l{aTeJlll

rt<H'CIIl<lj10M,

T\IMY

6e3

oOMoC;KellBJl,

npo 6Y.D.b-llKi3MilHI

(]IClInlll

H60

m:()~0 JlKJ1X I nOTeI(O.QaBL\eM

1l~I.lAAlIli 3anCHilt'Hlill JI

the occurrence of any other ~venl affecting the Collateral or thal could be expected to have an adverse drce! on the Collateral, the validity <rrenforceability of the Mortgage created hereby or on the, rights or rcmcdic~ of the Mortgagee hereunder, including, without limitation, any change ill any facts or c,ircumstances represented by the MO!1tgagor in this A~l'cemcnt.

ltbOMY,UOIX'11l0Pi.

Herai1l10
[nOl'eKOJJ.

It'HJ.I~

'ICHHii

paxyllOl<

Immediately after such notification, the Mortgagor shall, at lts sole cost and expense, take such action lIS the Mor\gagee may request in connection therewith in

ImkJtlO'lJ10 HaB/'lMnrllTll Y UhOM,Y 3'S'}l3Ky Ino'tel< Hllaa'rn 5YJlb-lIKe nOllaTKOBe Tala60 1 mo 3<lllOB0J1bHnI1MC InOTeKOlleplKaTe.rUI; 3n yMOB'H, O;ilHaK" wo JnOTeKonaBeUb 306oB'1I3aHHH 6yile B'fHHHTH JUllue .tll'i, lIKi He cynepe'I8Tb l(I1HHOMY3aKOHOllaacTBy, mo ni Ha TO!'t 'fac.

its sole discretion. including, without limitation, providing any additional and/or replacement security satisfactory to the Mortgagee; provided, however, that the Mortgagor shall only take actions which are not contrary to the then Applicable Law_

4.2.13 Other Actions Re B'll$)I(:T!>CII'1'\1 The Mortgagor agr~ tilat, for the dumtkm 0 nonWT<;YIIT epiony 3aOe3lTe'leHHlI oTpl1MaltHlI nepellHhoi" ll!1ChMOBOi" witholll the prior written cons Mortgagor shallllot: J nOTel<O.QeplKaTeJ1l1,Ino'reKonaaeUh: (a) oKpiM InOTeKH, CTBopeHo'i 3<1 U~IM)J:orOBopOM, aHi npllMO, aHi onOCepe.L\KOB<1HO He l'la,o.aBaTHMe, He CTBOptoBaTHMe, He Ha6yBaTI1Me HI He .Q03aOJHfTI1Me iCHyaaH~lll, 6Y.Qb-llKoro 06TJl)[{eHHll (a60 6Yll.b-ln\flX ItlWI1X npaB 41t yMOBHHX 3060B)M3liHl,), 3aniKy lUonO rlpe,1.lMeTY lnoTeKH 'fH 6ynb-llKoi" HOro ''laC-niHil, i CBOC'13t'f!O .:t,uii1cHtoaaTHMe yci TaKi nil', llK.iNIOflCY'1h f'yTH He06xi.LllillJMll a60 )lKi BHMaraIOThC)l InoTe Wlll 3axHcTy rIpellMery InoT.eKH a60 l'lila ai.n 6Y;lI:,-RKoro TaKorO 06Tll)l(eHHll tlM 3aniKY aoo1'X5'cYHeHl-1ll; (a) except for the Mortgage created hereunder, directly or indirectly grant, create, incur or permit to exist any lien ((11' any other rights or contingent liabilities), /let-orf, with respect to the Collateral or any part thereof, and will promptly tak.e such action as may be necessary or requcsted by the Mortgagee defend the Collateral or to discharge or dispose of al)y such lien or set-off;

scll, assign, transfer or otherwise alienate, (b) He npOJ\3B3THMe, He Bi,ncT)'naTHMe, He (b) allY or all of its rights to the nepe.llaBaTMMe Ta iHUlHM 'nlHOM He Bi.nYYlI(YBflTl-IMe, He modify or terminate 3MhI10118:tflMe T3 He np]{(lHHlITHMe )l(OllHHX Cl30Yx np3B J-lfl Collateral or any part thereof; IlpelJ;MeTln.oTef<H '1M6Y.llb-l1Kyi{oro qaCTHHY; (c) He 311.ij:jcHtoBaTI-I1\H~ Ta He J.103BOJlllTHMe 3niHCHeJ-lHll (c) take or permit the takillg 6Yll.b-51KHX.D.lfl, 3.llil:lcHeH~11I lIKHX 3MiHMTh a60 MOi\HClliT<;)'(' whereby the rights attaching to npalla 1-13 InoTeKI1, y 6y.n,b~llK!li% cnoci6. ., altered or adjusted" in ,my. TaKHX 3MiH 'tH HeHh, llKi 'liTKO lJ\0360neHi Bll1l10B 11l1erations or adjustments ns under the Facility Agreements a KpenHTHHX Lto piB La Uboro )J:oroBoPY; (d) He 3.o.iHCHtoB<1TMMe Ta l1e /.103BOJlllTHMe 3,UiHCJ-IeHHl1 6y.nb-llKHX .o.iH, llld MO)l(YTb npH3BecTH ,uo (i) 6YJ\b-llKOY peopraHi3auiY [noTeKo.Q3Bull, y TOMy 'IHcni 110 3MiHH Horo opraHi3auiwHo-npaBollo'i IPOPMH, .QO Horo o6'.nW\HI-lll, BiAOKpeMJleHHll a60 nepenac1i 3Ha'IHo't' '13CTIHHI IH{'flTlliB InoTeKo,QaBUll, a60 (ii) J-leraT1UlHHx 3MiH npaB TR 3alroHlil~X iHTepeciB [nOTe KO.L\i'lBl.\i1 Ta b'OTe.Ko.o:ep'KUTeJlll Ha npeAMeT InoTcKM 'w aapTocTi npeAMery InoifJ:<Il'H; of

any

(d) take or permit the taking of any action that could result in any (i) reorganisation of the Mortgagor, including a change of its corporate [otm, l'llerger, spin off, or transfer of a substantial part assets, or (ii) advetse affect on the of the Mortgagor and the Mortgag Collateral or the value thereof;

(e) initiate, cause ll.03BOnllTHMe ni KBillauilO, npOBR.I:\lKeHHll 1llO.o.O I3H3HaHHll insolvency proceedings Mortgagor. HennaToCnpOMO)I(HOCTi a60 6Y.Qb-llI<Y peopraHi3auito InoTel<OL\aBua.
(I)

or permit any liquidation or any reorganiSation of the

He 6y.ne cnHcyBUTH 3 6anaHcy Tala60 3MeHwyaaTl1 l3apTicTh MuflHa, IUO craHoBMTb rIpe:IMeT InOTcKH nOI-IM l-lOpMH tioro 3BH4alhlOY aMOpTl-13aui"i (3Hocy), nepe.u6aqe~1i L]MHHHM 3aKOHo.o.aBCTBOM_

(I) write-off the balance sheets und/or reduce the value of the property, constituting the. COnatctat over the generally accepted amortizatioll norms, as'piovided by Applicable Law. (g) erect/construct, destroy/li~molish, capital refurbishment of the propct"ty Collateral, shall not conduct materia that could lead to tbe change of compositioll. 4.3 Fm".\1Iar Assurances. The Mortgagor hercby agn::cs IInd is obligated to coopcnUe fully Mortgagee in order to enable the Mortgagee to exe

(g) He 3BOJlIiT)IT\1C, tie 3Hl1lUyHaTHMe, He npOBOJ\ KaniTanbHfll1 peMOHT M!l:lilHa, WO CTllHOBHTh I nOTeKl1, He 6y.ue 3 1 nommnefl1-fll.illD MO)!()'Tb npH3BeCTH JlO~ m.ll;lTIllnoTeKH.

4.3 oroAlKye'tbClf "111

I n()TC1Wllallelll" UHM cnillllpaUiOUllnl IJ ltofl~iiif


Hlo6 LUlTn"ln01'tl-Ko.uepj{(;1'rertio

"iplh

InOTCKon:ep/l\lyrCJ1CM,

ghts and remedies under this ,Agl'ce1l'1em an 3Mory 31\iw:clf11:TI1 CBoi' npaBa i rrp~,Boro 3aX+Icry, nepe.u6a'Hml-lMl'I I.(HM;Uortl1l0pUM Tit/a60 under Applicable Law and to otherwise give effecl to 3a l.lIfBI!lJI'M 3aKOHo.uUBCTBOM,Ta 1tmfHM 'IlWOM llllKClliYtlaTli lhis Agreement. The Mortgagor. 'Shall, at it'S own InOTeKo.naBeu,b 306oB'1t:JYCTl.I:a :llt C,l1ii:\ expense, promptly issue, execute and deliver, anti HO in.t.ilallrnll, oq}(1PMi\11Tll'nl otherwise oblain, all further Authorisations, Approvals, instruwents, notice!>, )(oc'raBJTllTl1 Ta iHUJHM 'lI1HOM 0'rpHMYIlUl1f 6Y,':(1)-1lId Gowmmenlal Instrnctions, orders, assignment1\, transfers, powers of ):t03BOJl;l1~ Baa:llt, .nOKyMeli.Tl1, po:mopllJllKenml, llal<a:ll'14 nttonley, filings (induding filings required to obtain ,uopy4elHUl, nepe.n.u,d, JlOB\PC!'lOC'ri, oo:,\al1rl>1 (y ToMy 'fHcni any (iovcrnmental Approval from ,my Govemmental no,uaBrlll, He06xi.nili lJ)lll O.nep)l<aHlHl CXIlilJ1CHb Oprallill AUlhority in connection with tbe realisation 'and/or ron:closur~ upon the Co llatcr'l I by the Morlgagee as L\eplKaBHo'i BJ1a.uH y 3B'1l3KY 3 peanLmllino Ta/aoo :lBepHeHHllM CTllf'HCHHll Ha npL'HMC'l 1l1ClTI:KIl provided in this Agreement or the Mortgagee's exercise InoTeKo.uep){<aTeJ1cM, HK nepc.n6a'!eHo l\l1M )\OI'OBOPOM, a60 nr ils rights in respect of the Collateral, to the extent y 3B',ll':Il<y 3 IlHKOpklC'TaliHllMInOTel<OJ\epll(aTcneMcBo'jx IIpall any such filings are required to be madc or completed na npe~eT InOTeJ<l1, y Tifi Mipi, e .!lKiB 1'llld 1I11):\3Hllll by the Mortgagor), agreements, documents, !'le06xi.nHO 3.uiHCHI1TI1 a60 3asepUJJttH h:rQ1'e.Kl}l!.alll\lO}, instructions, orders and other instrtlmotltll and take all .!torOBOpl1, .uOl<yMeHTH,.nopy',reHliiI,p03nOp1T,l'('lKCIHlH'1)1illltli flllihcl' action as h~s~ry or desirable, or as J,lOKyMeHTH,i 3.o.ii1cHIOBaTI1MeBci .no.uan(olli JT,iT.lleo6xi.'1Hi determined by the Mortgagee in ilS sale discretion. 10 a60 6IDKaHi, a60 Bl13Ha<letli InOTeJ<OJ.tep)KaT~jleM 1m fitll'O create. preserve, perfect or protect the Mortgage IlMcHHi1 p03cy,u, AMI C'TBOpel'fHll, :Juepe'IKL:lll'bl, 3/J,iikHelHl11 creatcd hereby as a valid, legal and first-ranking iHWHX opManbliklX Ail1 a60 3aXl1cry Illtl'l'CI\II, C'TllOpeHOT mOl'lgagc and/or to enable the Mortgagee to exercise or u;1M L\oroBopOM, llK 'IHHHO'l, 3B1COHHOl Ta I1CPUH>'ICpJ"OIlOYenforcc its righls, claims and renwdil:}s under or in with this Agreement and/or under inOTeKH 'fa/a60 AJ1l11'01'0, lllo6 InOTCKOILCpili<lTeJlh 1:riilcllllU cOllpcction a60 JIP}IMyCOBO BHKOI-laBcaoj 11palla, BHMonl HOO 3<1e00I1 Applil,ab1L: Law with respect to the Collateral and the granted hereunder. and generallY tpe npaBoeoro 3aXI1cry 33 UHM L\oro~,opOM a50 y 311',m<YJ !!J!M Mongllgc 'fa/aEo :m I..(HHHHM3aKoHo.o.allCTllOM 110 nil\1I\1lJlCljlJl{l Jill MOf1gagor will do anything else to ensure the excfCise Dpe,uMery InoTeKH i InoTeKH, lUO Hlltlalli 3a Wl,\1 {)f ~u(;h rights and remedies by the Mortgagee as the ):torollopOM, i 3aranOM, Inon:Ko.uaBeUI> :1l\iih:HH.lflaTllMe !lee IV!mtg,lgcl: may request to the ex.tent not expressly iHwe .nJ11T 3a6e3neyeHIUl BHKOpl1CTaHlill IlIfY1\::((o).\er)KaTCJlL~Mllrobibitcd by Applicable Law, TaKklX npaB Ta 3aco6iB npaBoro 3aXliCTY, )]I\lIX MO}l\C BHM8raTH InOTeKO.llep>KaTe.nb, HlOl\O Tim,KH Il]11TMO He 3a60pmfeHO LJHHHHM 3aKoHo.naBCTlJOM, 5lKI1\O .unH Ha,uaHH~ InOTeKO!iepl\l\TcJIIO ;\lOiI01HBOCTi I r uny action is needed or required of the Mortgagor to CKOpJ.lCTaTI1Cll 6YJ.\b-1TKHMI1 110ro npaBaM\I Tn/ae't) :lm:06aMH I::nablc the Mortgagee to enforvc any of its righls llu!Vor npaaOBoro 3aXHCT)', HaJ.\aHI1MI1 Ul1M )JorOllopoM Taht60 relTlcdies hereunder and/or under Applicable Law, I..(HHHHM 3aKOHop,aBCTBOM, y TOMy 'fHC!li, 6<::3(lOMell(C!II]}l, including, withollt limitation, to tra~lste{ the CoJlatCJ:['al )lJUl nepe,lJ,a'li npe,uMery InoTeJ<H lia CHOW 1\0['11C'I'1, 1160 fJa to itself Or to any third party, as contetJ\plated by KOP~ICTb TpeThOr OC06H, ~K nepcAun'leHo C'l'll'rf<;lo 5. and the Mortgagor for any reason has not lrHMaraf;fbCll a60 nOTpi6HHM :mil1cHeHHlf lnOl'CKWl:RSUCM taken such action, tbe Mortgagor herebyauthoris.es the (jY;QI.~1TKHX .nin, a InOTel<o.ualleUb 3 6Y,U1,-lli<IlXtlj1WUH[ fie Mortg:igee to take all such action or actions on its 3)),iliCtHill TaKI1X .o.irl, InOTeKO,ll,atscllb IIIlM Haltae hebalf as fhe Mortgagee may determine llt its sole InOTel<OJ.\ep)J(aTeJ11O .n03Bi.n 3!iitkfllHII Bill iMelli discrction. The Morlgagor hereby undertakes to issue InoTeKo.uaBl.\H TaKY .o.il{) a60 Air, llKi IHl IlJlaeHlji! P03CYl\ promptly a power of anomey for these purposes if Bli3Ha'II1Tb InOTeKO,D,eplKaTeJ1b, IUOTCI\())\<1IlCUh neccssary, Such aUlhorisation shall be in effect al1d 306oll'1l3yCTbCll 6e3 3aTpHMKI1 OqJOpMl1THl\OnipcfJicTh :Ull! shall be deemed as confirmed, relleWl-'<i and/or given UklX l\i.nei1, llKllJ,O TaKa llHMaraeTbCll. TaKIlIl llO:miJl 6YJ1,c. agalll by the Mortgagor at all ,imes when the qllLiHRM Ta BBa)l(aTHMeTbCll ni.nTllep.o.)J(C1tl1M,110HOllJleliUM Murlgllgee exercises its respe amd/or' Ta/aGo nOBTopHO fla)),aHHM InOTel<O.o.ep)K(rj'l;lJlM:laBnQlll, remedics hereunder. In addit! without KOJ\H [nOTeKO,D,ep)l<aTeJlb 6y.ne 1l111,OpUeT0I1)'llaTH elioT limilillg the generality of, lhe foregoing, the Mortgagor Bi.nnoBl",Hi npaBa Ta/a60 3ac06H npaBollor\.l 3tlXlle1'Y 'la 1\IIM shall provide all assistance as may be necessary for the .uoroBopoM.. l-la )),o)),aToK .no BHllle3<l31!a'IClloro 1'<1 Ile Mortgagee to implement this Agreement and exercise 06Me)J(Y 10'1'11 ilaranbHOCTi BCboro 3aaH<I'ICIIOI'O fHfll\C, its rights and remedies hereunder, including, without InoTeKo.naBeUb HaJ\lHlaTI1Me BCKl .nonOMory. IUO MOlKC6yTI1 limitation. any necessary assistance, information, nOTpi6H<lc lnoTeK()J~cp)l\aTeJllO ,nnl! IlHKOlHHlIIJl 1J,j.,()I\) documcnts, approvals or consents to enable thc ):torOBopy 1'<1:mii1CiliejiHl1 ClJoYx npaB Ta :Jacouin nprlflOBOl'~) Mmt!'Vlgee or any third party acquired to obtain any Approvals from any Govemmental 3aXHCiY 3a BhM, y TOMy '1I1cni, ue3 06~H:>KeHHJl, llCl{l GQwmmcntal ,t(onoMory, lHqlopMauilO, .o.OKyMeHTH,1\03[10JIIITl1 'llWUI IVI}\ Authority with respect 10 any transfer of the Collateral Ha.uaH,tll InOTeKO)l,cp)I<lr\TemOa60 6Y,Ub-llKif11'pCTiii t"fopOlli llPOIl any T<:alisa\ion or foreclosure Ihereon, MO'll\JlllBOC'Ti OllepII\<lTI1 Bl)l 6YAb-1ll(Oro Opl'alfy L\CP)1\ilBfIU'i B.na,UH6y,uhH 'ia "epeAa'1Y aGo

other rights up'~ler reement or uJ:l'uer shall have is Clause 5. I. Mortgagee may disclose t,<, lN10)Ke t.nird partie;> 'lTInlflltlation concerning the Collateral :and .iHqlOpNlaqiIO, mo cTocyeTbclI .InODe1(l:).!li::rllilllOTpN,l.'HbllyHa YMOlHIX 111e MOlit~agoT oh1ained pursuant to terms of tlae O'GPJM ellina,l.l,lda, Kon~1 J~e npHMO facility AgH~emTcnts >cxeept where expressly prohibjt"ed 3ai301)O~leHO'3RKi:)HC:)Mil60O'lqYOMOroYN:lnOlOMill< O!'<)pOBa'MH by law or an indivi-d\:lal agreement between the Parties hereto.
lno1'C1<0Aep)l(Jrl'eJlfh

\I3',ci npalla All rights of .r 1\.'gre(~Jnent are '~,fO>KYTb 6yTll demand or llotice except a60 ml!l~ll'OMJleHHH, OJIliij)l'Ni\ l11l!llli!a$iilfl, .K'0}Jt 'UJl1HHC 31!lKtJHonatl'CTao a60 uef1 App licab1e Law or this Agreement expressly )'.l\orOBip npHMO Ta CneL\ianbHO ByIM,lI'(lK>Tb TaKO'! specifically so requires. For the avoidance of doubt,if nonepenHbo'j BI1MOfl1 a60 110Bi):(oMJleHHH. L\JlH YllHKHeHHlI and when Applicable Law so requires, the Mortgagee cyMHiBiB, y BHnall,KaX Ta lIKLUOTaK BI1MaraTbClI lll1llHl1M shall, in the manner contemplated by Applicable Law, 3aKo HOll,aB CTBOM, InoTeKo.nep)!<aTcJlb 3060B'1I3aHII!i, y notify tile Mortg<Jgor and any other parties rcquire<tto nepe.ll6a'leHI1H lfHHHI1M 3aKOHonaBCTBOM cnoci6, be notified under Applicable Law (or by the expr~.ss cnoBiCTl1TH I nOTeKo.uaBUH Ta iHl.UI1X ociB, lIKI1X y terms of this Agreement) of the intentioo of the ai.unOBinHOe'l'j 3~HHHl~llM3aKO,110)\anCTBOM (a60 npll'Mo Mortgaglilc 10 exercise its rigbtsto foreclose on the BI13HaljemIM)\!I)O,Jil~n!<eHlillMHu.boro ).l\OfOilOpy) Bl1MaraB1:hCll Collateral. cnoBicT1!ITH, lnoTeKo,Uep>KaTCJlll CKoplKnrrtlclI cBo'iM ilIj(~PflY1'11 CTllrfle~IH>lHa npe,UMeT InOTeKH. 5.1.3 HC1MeHuIYloL1I1 iHull1x npaB ITH)Te:J<o:1l.e1P>I\'aT.~3Ijl 3a HAM L\oroBopOM, InoTeKO,ll,ep>I<aTeJlb Mae npaBO, ane He 3050B'1I38HHH (HKLUO TiJlbKH ue He BI1MaraITbC.sl L[I1HHHM 3aKoHonaBcTBOM) B 6Y.1lb-llKHH 'laC BHMaraTH Bi,ll, InoTeKonanuH .!lOTpHMaHHH InOTeKo,D.aBl..(eM CBOYX BinnoBiJJ,Hl1x 306oB'1l3aHb 3a Ul1M L\oroBopoM a60 nOBiD.oMJl.!lTH InoTeKo.uaBL\H npo nii' dnOTcKOllep)KaTeJlJ!, llKi BiH MaE: HaMip B)I<HTfIa60 B)Ke B)KlIB, :3a UJIM.).(oroBopoM. 5.1.3 Notices and Demands. Without prejudice to other rights of the Mortgageciunder this Agreement, the Mortgagee has the right, but not an obligation, unless required by Applicable Law, at all times to demand Ihat the Mortgagor complies with its respect,ive obligations under this Agreement or to inform the Mortgagor of the Mortgagee's action, intended Or taken. under this Agreement.

5'1.4 lgllLto Dem.!Yld Perfolmance of Secure~ 'Ha6ynae npllBil llHMaraTl1 The Mortgagee has the right to dema!l)d 306011'1I3aHb, He3ane>KHO Bin the fultilment and performance of the Secured Toro, 'lH HaCTaB CTpOI( IX B111<OH3HHH, 3 6y.ub-lIKHX npl1LIHH Obligations, regardless of whether such fulfilment Or HaCT<lHHllCTpOKy 'ix BHKoHaHiiSl BijlnOBiilHO )10 Kpe.llJ1T1-lHX performance has become due according to the Facility }1.orol;lOpiB, 3 6YlJ.b-IlKHX npn'lIIH, JJ.03130flCHflX OKPCMHM Agreements, for any reason permitted under sepamte KpeJJ,HTHHM L\oroBopOM, UI1M JtoroBopoM TaJa60 L!ffHBHM Facility Agreements, this Agreement and/or by 3aKOHOllaBCTBOM, y TOMy 'lHcni, 6e3 06Me)({ciffflll, NJjy\ Applicable Law, including, without limitation, if any of HaCT8HHi 6y Jlb-SlKOi'3 TaKHX OOC-raI3I1H: the following occurs: (a) il1U1a, lIi>l<InOTeKOJJ.ep)KaTC.%, OC06~1lla6yJla np,IBa 3BepTaTH CTlIfHeHHlI fla npeJJ.MeT InoTeKH; a60 lb) npoTH InoTeKOnaBl.l>l rlOpyuH':HO npOB:lp:)KeHH,lI 11p0 Bl13HaHHil HenJlaTOCnpoMQ)KI'IOl,;'('i, GaHKpyTcTHa a60 cxo,!<e npOBa)j,)1{eHHH, nepe.u6a<leHe lfl1Hl-IHM 3UKOHO,llllBCTBOM YKpa'iHH, a60 InOTeKo,UaBUlI OrOJlOl.UeHO6aHKpy-roM; ~60 (a) acquired
(b)

any person other lhail/the Mortgagee a right to foreclose on IheCollateral; or

has

an insolvency, bankruptcy or similar proceeding provided by Applicable Law of Ukraine has been initiated against tbe Mortgagor, or the Mortgagor

has been decJaredbartKtupt; Or

a decision has been IiquidatiQn of the Mortgagor, d) I'noTeKo.uaBcUb He BI1KOHaB CBO'i 'm{)Q11'11:lIUHHl '3[1 0) the Morlgagor did not perform UfjMi)J,OroBOpOM InOTeKH, tbis Mortgage Agreement,

taken

reguroing

its obligations

under

1I/Ul ymiKHefiHH CyMIHIlIB, 6Y,UbcSlKa ~l Blmt03a:lHll'I\::1I11X for th\:: avoidance of doubt any or all of fhe foregoing nOLJ.U1a60 Bci BOHI1 Pa30M e BHIlaJllWM HCll\ll<tHHlHHlI shall constitute an Evenl of Default. 3060B 'lI:laHl>, CYKynni npaBa Ta 3aco6R npauOlmrn ;!jlg1~U.!3ci npaBa'ra' :lacoon npaBoBoro 3axHc'I')' lnerreKOltCpil<81e!1l1 33 l\\{]I;1 )J,orOBopOM e cyKynHl1MH i MOiKYTb Gym :lillilcfleni OKpeMO a60 OAHO'laCHo Ha p03cyn InOTCI\OJ\CPiKfrl'eJilL HeBHKOpHCTaHHlI a60 He3.AiHCHCfflUi J nQ'reHl!1epil<I!'It'neM bynb-llKoro npaBa a60 3ac06y npanonoro me: ;: BiAMOBNOBiA TaKOrO npaaa a60 31\<:'06)' npallolloro ~X'Jc:J)r,
5.1.5

5.1.5 RiIlJ1!..J!il!LRem-edies Cumulativ: All rights and remedies of the Mortgagee under this Agreement are cumulative and exercisable singly or concurrently at the Mortgagee's discretion, Non-exercise of or a t~lillire 10 exercise a righl or remedy by the Mortgagee is not a waiver of that right or remedy.

5.2

Re~Fol'e(;tW-JR!Jr~. If an Event of Defalilt 33c06H npal.lo~.QI:Q .... ::l)iI5J!mL1!l,l21111eIHillCrHf'Helfl!!!, 5:2 5!KUJ;O Hac.'TaB Tar'a'6t> TpHBlle BHlli'l,I\OK Hel3l1fWllallflH has occumJd, is contimdng and is not waived by the Mortgagee, the Mortgagee has the I'ight, but not an 306oB'1l3aHb Ta InoTeKOAepll<aTeJlb He lIa.'lilH :WUWI lIa lioro nonycTliMiCTb, [nOTeKOnep)/<aTeJ1b Mac lIfJHLIO, Me He obligation, unless I'equired by Applicable Law, at any 306011'1l3aHHl1 (~KLUO TiJlbKH ue He BHMal'l\f'rhe~t 1I111111lfM lime when) il has valid reason to believe thai an Event to OCClIl' (or has OCCUlTed) to 3aKOlio,uaBCTBoM) B 6y,ub-~KI1i1 'lae, llKl110 llill MUc ,l!' Default threatens demand that the BOlTower take appropriate remedial 06rpYHTOBm~i npl1LJHl-IH BI.l8iK2ITH, um ieu)'c ,\urpo,m such threat within a proposed tenn, BI1HJdKlieI1Ji!l B I1na.L:fKY HeBI1KOHftHHJI 306013' ll~~flllh (a6D actions ll)~liminate ItK1l:l.0 ail:! H8CTaB), Bl1M8raTH Bi.ll lnOleKOJJ.UUUH3JdileilCHHI( which shall be at Icast thirty (30) calendar days, l3innoai,z]JutX 38xo.AiB LUO,ll.O yCyHeHllH 'raKD'i -lHrp03H Bnpo.o.oBll< 3anponOHOBaHoro CTpOKy, Ht'lrii !rOBlHICII CTaHOllHTHU-lOHaHMeHwe 30 (Tpl1,uum'b) K,JJl\::IIItaplfIlXmliu_ Y pa3i He, YCYHeHH~ InOTeKo,uaBueM nCI1IW,lUUIIlHf lll<: [I' the !3orrowel' fails to remedy a dcfault as requested BHMaracrbc~ [nOTeKo,UepiI<8TeJleM Bnp01tOB)I, 1.1C'!'<lHOlllICUO('O by the Mortgagee within the established term, the CTpOKy, IrtoTeKOp,e)K8TeJlb 6e3 Ha.AaHIUI n01l-illUMJlCllTlJIaoo Ml)rtgab'ec. without notice or demand to the Mortgagor BijMOfH InOTeKOAallLlI<J (KpiM llHnU,lIKiB, Ji{)J'lflnC (unless required by Applicable Law or otherwise as BHMaracrbC1l 4HHHHM 3aKOHo,aaBCTBOM aGo liOJI1l lUlM required herein, in which case, upon notifying the )J,oroBopOM BHMaracrbCiT iHwe, a y TaKI1X B!lll<lltlG1X - lIieJllI Mmtgagor und/or any other third party as may be H8,D,aHHH InOTeKo,aallLlfO Tala60 6y,!1,h-1I1<iHillluiJi Tpe'l'iH required, and in the manner and time period oc06i, llKy MOIKe BJ-IMaraTHCH cnoBicTHTH. Ta y I:floci6 i y cOlltcI1lplated, by Applicable Law or by this Agreement C1pOK, BH3Ha'leHi LfHHHl1M 3aKONOJ,\<lflCTflQM a6n l(liM thaf the Event of Default has OCCUlTed), shall have the )J,orOBopOM, nOBi.noMJleHHJ1 npo HacT~UlHlI TatiOn) BltlfllAKY right tQ foreclose on any or all of the Collateral and to ,HeBHKOH;:lHHlI 3060B'1I3aHb) Maf:npaBo 3BcpHyTU c1'1!I'lIe1ll111 take IUlY and all necessary steps to ensure that the Ha flpeAMeT InoTeKl1 a60 tiora 'laCTHHY 'I~il lJ)KI1TH Ilclx Mortgltgee I'ecei yes the full satisfaction at the account \le06xinHHX. 3axo;:(iB nJl~ 3a6e3nC'IClIHlI O,UCPiIGlHHll of fhe Collateral on a priority basis over all other InOTeKOAep?l<aTeneM 33,D,OBOJleHHHy 110[lIlO~IY ()('ic'Jl'li 'm creditors, without judicial recourse (unless required paxyHOi\ flpellMeTy [noTeKl1 nepeB!liKIIO IICPC}( HciMa under Applicable Law, and then only to the extent so hIUBtMIf KpeJ,\HTopaMfl, 6e3 3BCpHel'1t11lJIO Cylly. SIKIJ~() TiJlbl<tl required), and the Mortgagor shall fully cooperate and TaKe 3BepHeHHl1 ,UO cy.uy He BHMU{'tHTbClI IlilllUl1M provide the Mortgagee with all necessary assistance 3aKolJOJJ.3BcCTBOM (a :la iCHyBaHHiTTaKO', !.lI'f1ll0rH ,.i!lblm ,to and t,lke such action as the Mortgagee may request in Tlei' MjpH-, .AO lIKO'! ll,e BHMaracThCII L[llIIlHlM order to enable the Mortgagee to takeSllch steps aJld 3aKOflo.naBCTBOM); i 1nOTeKo.aaBeUh 301101l',13YCTh1:11 I'()'ceive such satisfaction, The Mortg(~ee may enforce nOBHicTlo cniBnpau.fOBaTH Ta Ha,QaBant llIlrn:KO.lICpilGneJIIO the Mortgage in its full discretion with respect to all of fle06xiAHY AonoMOry i 3niHcHIoBanl Bci :l<l X(lW'1 , HKI1.\MOiliC thc Collaleral or any part Ihel'eof. Tl1e Mortgagee may BHMaraTll InoTeKoAepiKaTeJlb lJ)Ul 1'OI'(), IllOQ lilIAn'll! then, in its sole discretion, in addition to any other IOOTeKo.nep)KaTeJl1<J MOiKJIl1BicTb 3.1liJ:\CHltTlI TIUij J~i'! T<l rights and remedies of the Mongagee under Ihis OW::P)KaTHTaKe 3a}J,OBOJleHHl1,InOTeI<Ol-lcp)J((lTIWhMOiliC, na Agreement and/or under Applicable Law, take any or BJ1aCl:lllMp03Cy,Ll, :HlepTaTH CTlIrl1eH H1I Ha llel:h l1peJllllC'1 all of the actions specified in this~!!iJi1:U'c~ to tbe Ha 6Y,'l.b-~Ky Horo '13CTHHY, Y lll'KtlM)' Ifl.marlKy nmximuID extent not prohiblted ul'lderApplicablel.aw. o.n.epJl<aTeJlb MOiKe, BHKJlfO'IHO H1J Guifl BJ'lllC1Htii p03Cy.u, H1l .AOAaTOKAO 6YAL-1I1<HXi1illlHX n, alJ 'ra ',i1cnflill npaBOBoro 3a,' OpOM Tala60 4H i Jli'i, Bfl3fta4eHi y HKiii

L(HM CT-OPOHIi YiTKO nOI'O,l1,;KY"OTbC.ll, Ulo )lJUl (\u,dl CTQTri 36 3aKoHY I1polnol'C\~y, flYHl,:rtl 5.2.1 Tn 5.2.2 Uboro )J.oro6opy InOTeKI1 Cl'aHoumrrJ" J:!l:lronip h1iil<{;:IQ.QQ.!.la~IH npo :lllJW~ BIiMOr.; (noT~~Q)lm~'I'ertll 3a KPOJl.H'I'HHMII ,ll,oroBO~il.m 'ra tJ:HM J!.orollOpoM UJ,OJl.O 3nue3ne4eHHx 30606 'Sl3aHb, ~KI1H HauaE: [noTeKOjl.op)J(aTemO rrpaBo 3BepHyTfI CTilrHeHH~ Ha Dpe;:l,MeT InoTol(11 a60 aYAh'll"y \loro YilCTli Bi.1lrrOBillHoc:ri 3 Ll,HM AorOBOp lie 3SepTaJOYH .cYJl.Y, Ta IDO HO BHMarat:TbCH )1( illworo AOKyMel1"ry, wo nillTsepA)J(ye TaKy yroJlY, KpiM BflnaJlKiB, KOJ1H lIHHHHM 311KOHOllJlUCTBOMBCTaHOBJleHO iHwe. 5,2.1 rL~e.galm np;'tBa 13JIaclTocT! 1ill..lJpeJlMe:r.J~KH 1nOTeKonemK:rre,j]Q. (a) [noTeKOllepmllTeJJb OCOaJICTO 1160 Horo uecioHapiH Mac npaBO npfltiHJl1'l1 y unllcBIe'rb, tl0J10JliHHl1 Ta/a60 nill cBiH KOlnpOJ1b Ta/a150 npo.11aTH, J'jep.enaTH 'Tl{ y ilUllHj:j cnoci6 p03nOpH.llI1TflC.lIn crrCKH aao 6Y.Ll.l'HKOIO Horo 4aCTI1HOIO 33 H<:lFO bl3 TQH MOMel:lT cnpane.llJTHB010 PHH\OBOIO BapTIOTIO, BH3Ha'fcflOIO IrroTeKoJleplKaTeJ1eM i ni.D.Taep,ll)l(eliOIO pe3YJTbTaTal\fl1 OLliHKH He3aJTelKHI1M ouiHlOBa4eM, HKoro o611pae InOTeKOlep)J(3TeJ1b ("Cnp3BCJlJ1f1B3 P.1I1KOB3 BapTicTb"). y l3l-inall.KY,~KWO 1I1l)TeKOJl.ep)KaTeJ1ba60 fioro L1cciomlpii1 Bl1piUlI1Tb npl1HHllTI1 Y BJH1CHiCTb Dpe!lMeT 1110TCKH. InOTeKOJlaBeLlb noroJ!lKyeTbCJl: (i) He 1311MaraTHMeTbcil, 11106 InOTel(O.f.(ep)l(aTenb a60 Horo uecioHapjil 3Sepl'3.JTl'ICll 6YJl.b-llKOro appi;rpa)l(\'loro opraHy YI1 l1loni6HO!'[) 0,100 6YJlb-llKOro OP1;ljl'IY ).1.ep)l(aBHO!BJlaJI.H<1113MYLfaJlH 3JliHcHeHIUl IIUrJlllJl.Y, y'lacTi a60 ni.11TuepA)l(eHIIH pe3ynbTuTiB nplfHHllTfli npe1\MeTY InoTeKI1; T3 (ii) wo 6iH 3060B' H3aTmH HesiAKJ13Jl.HO 3LliHCHflTH a60 3a6e3ne'lHUI 3.!liHCHCHHll nepena',i np';)lMeTy InoTeKH InOTeKOJl.ep)J(aTenlO a60 Horo ueciOHapilO 6e3 06MelJ<CHb i 3Aii1CHI1TH Bci Mi, lie06xiJlHi ,UJTJl oq)OpMne.!HII T3 3}:(iflcHeHHll nepe}J.ay( npe.uMeTY IrrOTelUJ InOTeKOJlep)KaTemO a60 Aoro u.ccioH3pilO, Y TOM)' '!Hcni, 6e3 06Me)KeH\{~, OcPOPMI1TI1 i HanaTfl 6Y}:(b-~l(i norOBopH Ta JlOKyMeHTH, WO niXtTllep.uIKYIOTb ;lr<my InOTeKOJl.aaLl,ll .13 3AiHCHeHHll In01-eIWllep*UTeneM 'll1l<l1X npaa, 3L1ii1cHeHH~ HKHX, Ha BnacHHI1 p03cy.t\' MOlKe I3IiMarant InOTeKOJlep)KaTeJ1b, 0.uep)l(3TI1 6y Jlb-~Ki )J.0380Jll1 Ta CXBMeHHJl OpraHy )J.ep)J(aBHOIBn8AH, a TaKOl!, Oq)OPMflTHi HMaTH JloroBip a60 .nOKyMeHTII, Ul.0 liaJl810Tb 3Mory 3JliflcHeHHJl TaKHX npaB InOTeKOJlep)ldmmeM i rrepe.nil'li flpenMeTy In<rteKU AOMy a50 Horo ue<:ioH8pilo, Ta BHI>Hant OY}:(b-llKliHWi .o:i'i,lll<~X MO)l(e BI1Maf'tl'T'l-l InOTeKOJ1ep)l(aTenb Fia I3HKOHaHHll nOJT(l(eHb uborofullil$.:tXS.2.1.

The Parties hereby c.xpl'Cssly agree, that for the pUrpOSCH of Article 36 01' the Mortgage Law, Clauses 5.2.1 and 5.2.2 stilu een the Parties Oil claims under the Facility nt with respect to Secured Obligations entitling/he Mortgagee to foreclose on the Collateral or any its part in accordance with this Agreemcnt without seeking recourse to a court and that m'l separate document is required to evidence such agreement, un1ess otherwise provided by the Applicable Law.

5.}. \ Tral'l1lltLof Mmtgagee.

the Titl~" t9 the Cfllllll:!:al to the

"'0

(a) The Mortgagee itself, or its assignee, shall have the right to ace"pt ownership, possession and/or control of andlor seLl, transfer or otherwise dispose>' any or IlHof>,I,heCoLlaleral at their then fair ma value, as dctenoined by the Mortgagee supported by a valuation of an independent appraiser selected by the Mortgagee (the "Fair Market Yalue"). In the event the: Mortgagee or its assignee elects to accept ownership of the Collateral, the Mortgagor agrees: (i) that there shall be no requirement that the Mortgagee or its as:-:ignee seek recourse to or involve any arbitral authority or analogous party Or other Governmental Autnority in order to supervise, participate in, or connrm the results' of anY acceptance of the Collateral, and (ii) that ili!Lobliged to promptly transfcr or cause the transfer of the Collateral in full to the Mortgagee or its assignee fwd to take any and all actions necessary to formalise or effectuate the transfer of Collateral to the Mortgagee or its assignee, including, without limitation, to execute and deliver any agreement and documents confirming the Mortgagor's agreement to the exercise of such rights by the Mortgagee as the Mortgagee may request at ils sole discretion, to obtain any and all Authorisations and Governmental Approvals and execute and deliver any agreement or documents to enable the oxercise of SllC"{. rights by the Mortgagee and the transfer of tJre Collateral to itself or to its assignee, and to take any other action as the Mortgagee may demand in furtherance of this .btsUlSt)52.J.

(b) He llJKO.f.(11IlI111te:333H8'ICHOMy Ta llMl yHHKHeHHSI TlHnaJll<Y,llKU\O InoTeKoJl aoo 110ro U Br1pinJl'lTf,npr1HHllTH y BJ1a npenMeT InOTef<}! y ai,lll'tOBi.ttllOCTi :3 WiM l'IYlIl<TOM 5.2.1, npaBO nJlact:rocTi Rauen !1PCi.tMeT 1r!IHeKfl nepcnLIC ,lI0 InOTel<OJl.epllClrreJflla6olloro ueciOHapi~ Ira rri.i\cTlI.Bi IJ,bOro 1l0roBopy, i uei1 )J.oroB;p (ninl,pillJlel1JIM nOUi,uOMlTellllliM npo HeBIiKOHaHHil30Qo13'1l;iam) 6yAe'lHl111l1M 'fa :,tll'OlllnlM AOKyMellTOMnpo ncpenalry tlpaBa llJlllCHOCTi, LHO3aCB epe.l1 6y.o.l>'llKHM OpnlHOM L~ep)l<aSHo'i BJlaJ\lI 1

(b) Without prejudice to the avoidance of doubt, if the M elccts to accept ownership of (;,laus0 5.""l, the right of ownership to the Collatera shaH be tmnsferred to the Mortgagee or its assignee on tn" basis of this Agreement, and this Agreemcnt (supported by the Notice of Default) sha11 .serve as a YlIHd and legal title transfer document evidtinc.ing the Mortgagee's right of ownership to the CoHatQF~1 b uny Governmental Authority and/or any other

IHLUIIMA: TpeTiMM oc06aMH In01e'KOJlepll<aTe.rill Ha npeiJ,MeT InOtcKH, It l1'lkml\, :HlOMi.)/(' ni.l1cTaBoJO .ltJllI 3.0.1 O<!>0pMJleHHlI )J.OKYMemifi npo f1pana BJlacHoC'l:'i Ha npe.l1Mt:'r IMTeh'l\ If(] hl'l'!1 ImYl'CICOAep)l\aTCll11 a60 Horo U.eciollapil1. {c) He 3aB,o,aJOYM WKO,l\H npaBaM InOTcKoJ.!CplK:rrCHJI , 311it1cHloBaHHM y Bi.nnoBi,o,HocTi 3 UHM !lYljJ<TOM ,~J,.)..L. Y Blilla,QKy, llKW,O )lJlll nepe1l6a'1eHoY UlIM l}yrJ.!ITQM~,",,;'L..2.,l nepe,ttaqi InOTeKo,o,eplKaTeJ11O npe):UVlcTy InoTelm Bi)l InOWKOACplKaTeJ111 BIolMaraeTbCIi Ollepll<llllHll 0YJlldH()J'O CXllanelUHl OpraHy )J.ep:JKa8lioT 13JHl)IH. 3JliilclfeifHH ItlOtCl<OJl,cplKaTCJleM Horo npa'll 3a tlflM jJyW(TOM 5.2.1 MOlJ<)llfBe tillbKH nicJ1l1 Onepll(aliHlI InOTckOJ\CP*i!TcJleM TaKoro CXBaneHHlI OpraHy )J.ep)l<aBIW'i BJJa!IIl, a 3lrrpllMKa y BI1KOpHCTaHHi InoTeKoACplKaTCJleM nOn) 11!'IW :la UIlM lliJ,lKT_\L'\'\,,,~ .. r.GJ.. llHaCJli,uoK Heo6xiJllJoc'fi Oi\tJp,li:aHllll HUM TaKoro CiWMeHHlI OpraHy )J,eplKallHoi' f'lmlim y ;I(O) .. \HOMY proi He BllJJ"HllllTHMe Hll MOII<JlHBiCTb IH1KOpm,''famlli llllM TaKor.o npllll<l i He BBrol(llTI1Men,cll BI.nMOBOlOliil{ m,of'o. 5.2,2 TIepena<la TPe1ilt Deal}! 'lkYpe3 ~11l1TlllL-'!Lll:1.\\:\JlJ !\993,a npHllllTHPlO yrop,olO. '(a) BYt\b-llKfl '1flCTliHa '111 Be~h IlpC!ii\lc .. r Imrrt:l\l1 MO)l(YT1>6ynt nepep,aHi a60 npOJ.1HHi 'lql(;:l nilll(pHT1Hl ayKuioH a60 33 npHBllTHOKJ yro.nolQ l'LIl tIIt:ll<OIO Tal\l!;>; aYKuioHia 1160 yro.Q), llKi npollO.QHT\IMe tmYI'Cl"fO,1Cp)l(IlTCllh a60 Horo npe.QCTaBHHK. 5lK1ll,O InOTeKOP,CpJKllTeJ1b BHpiw I1Tb L(iil'l'H lta ninCTaBi npHBllTHOi yrO,Qli, (liH MOlKe caM npOUCC'l'H m:pCl'OIlOpH 'J O.rUlllM 1160 KiJlbKOM<1 nOTeHuil1iolliM IIOKyIl1tC'M a6n Ita6yBa4eM ("J-1a6yBll<,-TpCT CTOPOIII1") i Blrllli1'H1TH 'J HHMH l.liHy npHLl6aHHSI Ta iHWi yMOBU J\Qj'OlloPY KYlllllJliIIPOArol<y IIpe,UMeTy InOTeKH. ];YJlb-lIKllii Ta1<lln llor'ollip KYniJ.mi-flpo.Qa:JKy (")1.oronip UPOJIllJl\Y cry InOTClW") YKJl3113E:TbCliInOTCKOAepll<aTe,neM ~ eM TpeTbOJO CTOPOHOKJ, He nOTpe6ye ~Kot:iflOl'O J~(lJ\,ITI(Onol'(\ ,!(03B0J1Y '1M 3rollH BiJJ. iMeHi lnOWIW)lallltil i I:TlInOl\!J'1'h 3aKOHHy ni/.\CTaey f.lJl~ OTpHM3HHH HaDYlla'l\;M-T[IC"1'b(\I0 CTOPOHOKJnpae3 BJ1aCHOCTi1111OpellMcT InoTeKH, l.JIll fly/\e npo/.\aHHH'fa npHJJ.6aHHi-l 3a TaKI1M ,uOrollOPO~t. B1131'lll'!CIt<"l y T3KOMY .norollOpi Kynieni-npO;.J.8lKy :; I-IaGytm'rCMTpCT!>IJlO CTOpOHOIO ~iHa npH,o,6aHHll 6YJle OOOIl'S13IWllOlO WIll lnOTeKo.u3eL(Jl.

ios, and wh ich shall also, inter alia, serve as a tt)r the efleeluatiOIl of the Title Registration and issuance of Tille Registration Documents witb respect 10 the Collateral in the nam~ of the Mortgagee or its assignee.

Without prejudice to the exercise by the Mnrlgagce of its rights under this Clause 5.2: I , if any transfer of the Collateral to the Mortgagee, as contemplated by Clause 5.2.1 requires that the Mortgllgee obtain any Governmental Approval for such (I1Ulster, the exercise by the Mortgagee of its rights under this Clause 5.1,1 shall be subject to it having obtained such Governmental Approval, and any delay in the exercise of the Mortgagee's rights under this Clause :;.2.1 as a result of it having to obtain such Oowrnrnental Approval shall in 110 way aftect its ability to, or otherwise be viewed as a waiver of its, exen.:ise ()f such rights,
(c)

52.2 Jransler l()~rhirQ Parties.


(a)
or

by Pllblic Sale or Private Transaction

Any or all of the Collateral may be transferred sold in one or mOTe public sales or private Iransactions to be conducted either by Mortgagee or its rcprt:$(~llt3Iive.

To th.: extent the Mortgagee elects to proceed with a privilte transaction, it may itself negotiate with (me or more prospective buyer or transferee ("Tllcirrd PaIt'Y Transferee"), and may establish with such Third Party Transferee a purchase price and other terms and CtlndiliO'lls for the purchase and sale agJ'eemel'lt of tl).. c Collatt'lllL Any such purchase and sale <l..gJ'eement (the "COllateral Sale Agreement") shall be en.tered into by Ihe Mortgagee with such Third Party Transferee, shall 1101 require any further authorisation or consent on behalf of the Mortgagor. and shall constitute a legal basis for the Third Party Transferee to receive and obtain Iheright of ownership in and to the Collateral being sold or transferred. The purchase price ostablished in any sHch purchase and sale agreement with any Third Party Trallsferee shall be bindillgon the tVlortgagor.
In the event thai the Mortgagee proceeds with a sale or tn!llsfer of1he Collaleral by olle or more public sales or private transaclions, the Mortgagor:

Y lllln3Jl,Ky, S1Kti.\O[nOTeKOAep)l(aTCilI, lll-lpilUl1Th :lJ\iikll\ofl'll


npOA3lK a60 nepe,o,34Y Ope/.\MeTy InoTeJol "Cpt:; lliJ1l<pll1'ilfi ayKuioH a60 33 npHBaTHOIO yrO.AOIO ('HI ltil'IJ(Olll 'i'[llOlX ayKllioHiB a60 yrOA), InOTeKo,uaeell.b nO"f',JJ~)I<)f(;l'l;csr: (i) 11.(0 lie :om,taraTI1MeTbCSl, 11106 !myrCIWilCpil\llTCJlb 3BCpTaBCll ,Uo 6YJ,l.b-lIKOro ap6iTpa)KIKll'O opn..my 'Ill nOAH51ol0ro<JpraHya60 6y.ub-llKOro oprallY Il':I1)I<allllo'i ll.'l1IJUI 'iii 3aJTy'laB IX )lJl1l 1;.J.ificHeHHll HarJIH/lY, Y'l<ltTi a60 nillTBepmKeHIHI pe3YJlbTllTill TaKoro npop,mKy, lIep(~/lU'li auo neperoeopie mOAO HHX; Tll J\i'i,

that there shall be no requirement that the Mongagee seek recourse to or involve any arbitral ,authority or analogous party or otllt;:r Governme.ntal AUlhority in order to supervise. participaleirr, or \:onl1rm the resul1s of any such private sale, transf~r or negotiation, and tii) tMt it is obligated to promptly take any a.p.d"all actions necessary to formalise and/or effectuate the

0) agrees

I1peA'Mery InoTeKJ.! Ha6 :ropolfi, 3JIHtcm:HHl1 lJKIt>t MO)K}'Th HI1I1 p03cyn InOTeKOAep}\$lll'e$\l>, Hl:\6YBattTPeTll CTOpOl-l TaCxtlaJ1e~Ulii OpruHy ,Uep a TllKO)/\ !l1m i J-la,uaTH noroBip a60 IUO ManalOTb MOII01HBiCTb 3J:\il1cJ-leHH>I opan InlYreKoi.:\eplKRTCJ1CM i nepeJ:\u'li I1penMery In Ha6ylllllJy-TpeTifi CropoHi, Ta Bfll(OJ-laTH 6YJlb-lJKi iJ-lwi )Ice BIIMaraTfl InoTeKoJlep)KaTeJlb Ha BHKOHaHHIll'lOrrO))CeHb 1.(boro ilYJ.lli~~).;;!.J .. (b) fie3 OOMeJl\eHb IlHme3a3Ha'leHoro 1<1 nJlJl yHHKlleHHll cYMHiniB, Y BltinaJlKY, llK!110 InOTeKO,11ep)\caTeJlb a60 1101'0ueciOHllpitl {mpilUHTb npOJ:\aTH I1pe).WeT InOTeKH y BiLlnOBi,l),HOCTi, lI"1M IlYHKTQH 5.2,~ Ha6ylla'ly-Tpcri}j CTOpOHi, npaBo BJlaCHOC'l.'iflU I1pellMeT InOTcKll nepeliJle,11o Ha6yna'4a-TpeTboY CropOHl1 H<1 ni}ICTalli .IXoroBopy I1poAa)l(y npe.nMCry IhO'l:eKll; i TaKl-rf! )J,oroBip npona)lcy I1pellMery InOTeKH (ni,11KpiTlJ1Cllfil1 W1M llorollopoM, Ta !10B4,1J.OMJleHHgM npo HeUHl<OIl3flHll 306011'1l33Hb) 6yne 4HfHUlM 1<1 ,UKOHHHM 1l0KyMeHTOM TlpO nepe,11aQy npnea B,mcHocTi, w.o 3aeBin'tY nepeJi,OY.D.b-ilKHM Opra110M )J,ep)l(nBHo"i BnaJlH Tala60 iHUHlMI-jTpCTiMH oco6aMfi npaso BJ1acHocTi Ha6YBa4u-TpeTboY CTOpOHl-l Ha IlpeJ1MeT [nOTeKH, a TaKO)l(, 1-nO~\Ii:Jlc imllu'\,/, cJlyrye niJ:\CTaBOI{))).Jlll 3J1ii1cHeHf-/1l PeCTpuuiY I1paBa BJ1acHocTi Ta BT'Lua'li ,UOKyMeHTiB l'lpO PeecrpauilO llpuBa BJ1i1CHOcri no Bi,D.HOWeHHIOllO I1pe,D.MeTa InoTeKH Ha 1M'Il Haoyeu'la: TpeTbor CTOpOHH a60 Horo UeCiOl-lapill; (c) He 3MeHwylO'iH npaB InoTeKollcpilmTeJlll, 311ii:lcHIOBam1xHHMY BiJUlOSiJ1HOCTi3 UHM llylH<:mtx1 5,:?,1" y BHna,n.Ky, llKW.~l.lilll tlepeJJ.6U'leHOY llYHIIT.QiYI 5.2.2 . Ha6ysa4y-Tpe'l'ii-l CTOPOHi npeJ1Mery 111o'teKU Hu6yeu'ia- TpeTbo'i C"ropoHH eHMaraTbCll Onep)l(aIlHJl CxsaneHHll OpraHy ,Uep)KBllHoY Bna.1l,H, BHlcoPHcrBUHIl InoTeKo,n.ep)I(aTeJleM 110ro npas 3a UHM llyHT,tPM :L~~ MO)l(JlHBe TiJ1bKf\ niCJlll OL\ep)KaHHll Ha6yBB'IeM-TpeTbOIO CTOpOHOIO1<1KOrOCXBaJleHHll OpruHy L\epll<aBHo'i BJla,D.H, a 3aTpHMKa y BHKOpHc1<1HHiInOTeKOAep)I(aTCJleM 110ro npaB 3a UHM I1VHKTOM~5.2,2 llHaeJli.n;oK He06xi,11HOCTi Onepll(aHHH Ha6YBa4eM-Tpl;,'1'bOIO CTOPOH01Q TaKoro CXBaJIeHI-I51 OpraHy ,Uep)l(aBHo"i BJla.D.H y )I<onHoMy pa~l He I3nJlHBBTllMeHa MO)KJlHlliCTb BHKOPHCT<lHHll In eplKaTCJleM TaKoro npaBa i Hc BBa>KaTHMeTbCIlBiL\M01l0 'n Hboro. 5.2.3 He 06Me)KYIO'IH 6YLlb-llKi noro npal3a, BCTaHOllJleHi B L(I>OMy L\orosopi a60 BCTaHOBfteHi 4mUIHM 3aKoHo,n.aBCTllOM, InOTeKO,11epll<aTeJ1b MQ)l(e, Ha BJlaetnlH p03CyJ\, (i) nopywHTH IlpOsaJ\)I(eHHii W.OAO 3BepHeHH51 CTllrlieHWI Ha I1peAMeT InoTeKI1 3a piw.eHH51M cyny '111 ap6h-paJKHoro opraHy BinnolliJlHoi' l-opHCD,HKUi'i '111 3(1 3BepHeHHl1M AO ap6itpa))CAOrO opraHy ni.n.norri).lHoi' IOpHC,!J)1KUi"i a60. 3a, iHIDHMlOpHXm'lliHM npOBaJ:\)KeHHHM,llKC A03BOJlJlCTbClI"ltn1l1HM 3al<OH0,11anCTllOM,a60 (ii) 01-pHMaTH BHKOHaB'iHH H'arlHC nii! Jlep)KaBHoro a60 npIWal110l'O HOTapiyca, 3a llKklM In<:n:e1\OJlcp*tlTCJlb MO){,C npHMycoBO BHKOHaTHcBOI npaS8 tUOAC 1l\)1>OH1HpIMIMt,'TY InoTeKRa60 6Y,11b-llKOi' Horo '-lacrHHfl,

transfer of the Collateral to the Third Party Transferee, as the Mortgagee, its assignee or such Third Party Transferee may reql\Cst in their sole discretion, to obtain any and - all otber Authorisations and Governmental Approvul~ and execute and deliver any ag(eement or documents to enable the exercise of such rights by the MQrtgagee iind the transfer of the Collateral to such Third Party Transferee, and to take any other action as the Mortgagee may demand in furtherance of Ihil'>Claui$c 5.2-l.
(b) Without liJnitationofthe foregoing and for the avoidance of doubt, if the Mortgagee or its assignee eleels to sell the Collateral under this Clause 5.2.2 to a Third Party Transferee, the right of ownership to the Collateral shall be transferred to such Third Party Tran~feree on the basis of the Collateral Sale Agreement, and the Collateral Sale Ag(eement (supported by this Agreement and thc Notice of Default) shall serve BS a valid and legal title transfer document eVidencing the Third Party Transferee's right of ownership to the Collateral before anyGovernmental Authority and/or any other third parties; and wbich shall also, inter alia, serve as a basis to effectuate the Title Registration and issuing the Title Registration Document~ with respect to the ColJateraJ in thc name of such Third Party Transferee or its assignee.

(c) Without prejudice to the Mortgagee of its rights under this transfer of thc Collateral to any as contemplated by Party Transferee obtHin any - 0 for such transter, tile exercise by tgagee of its rights under this ~;/(iuse.2.2.2 shall be subject to the Third Party Transferee having obtained such Governmental Approval, and any delay ill the exercise of the Mortgagee's rights under this Clause 52.1 as a result of the Third Party Transferee having to obtain such Govemmental Approval shall in no way affect the Mortgagee';; ability to, or otherwise be viewed as a wai ver of its. exercise of such rights.

5.2.3 Without prejudice to any of its rights established herein or eSlablished by Applicable Law, the Mortgagee may, at its sole discretion, (i) elect to institute legal proceedings to levy against the Collateral under the order of a court or arbitral authority of appropriate jurisdiction or under other legal process permitted by Applicable Law, or (ii) to obtain a notarial writ of execution froma stateorprivatc notary whereby the Mortgagee can ellf6rce its rights with respect to any or all of the Collateral.

5.2.4 InoTeKo.Qep>K1l1'eJll, MO)lce. 6e3 HllL\aHWt 5:2.4 Witbout notice or demand upon the InoTeKo.QaBUIO noni.QoMJleHlfjj aoo llHMorH, 311ii1CIlfOflaTH Mortgagor, the Mortgagee may make SlJC!l.pajrme 11Jlate)l(i Ta ni'i. lIl<i niH llB3}1(a-rHMe Hc06xiJlIH1Mll JtJlH and do slich acts as it may deem necessary to prote

in the Collateral,
gil1!5

inclUding
any

or

contesting

3anl1<y,l1Ki iClfY:lOTh, e a66


'Hl MllI\::rrb npiopH1-eT HaA I n01'CKOl(l. TaKora npllllft CnnaTI1TlI Bci nOHccclIi BwrpaTi1.

set-off that i.!i or is claimet! to be or superior to the Mortgugc, and in exel~clsing such authority to pay all Expenses incurred in connection therewith.

Unless otherwise expre.ssly required by 5.2.5 5lKll\O i!-Iwe npilMO He UHMUratTbCJI Llll_l-IllllM 5.2.5 3al<OHOiJ,aBCTBOM, GYAb-lIKe 3Bepflcmnl C'('$lfIJCHH>1 I-la Applicable Law, any exercisc of rights of foreclosure on the Collateral by the Mortgagee or its assignee sMIl npe:t\Mer InoTeKH [nOTeKOAep)KaTeJJeM 'l~li-TVl"OueciOHapicM 1l0r-llilfaE: 3aGe3neyeI-Ji 30!50B'!l3,UlHSI Til1h-KH y' Me)!CaX discharge the Secured Obligations only to the extet1t of ftl<1'J1'lHOY CyMH, OnCp)KaltOY lIIOTel,{l,l.lCpiK,rre.TiCM thc actual value obtained by the Mortgagee (the ("<DllIrtWm8 BapTicTh"), llKOIO 6YllC: (i) y t}nWllll\Y "Actual Value") which shall be: (1) in the case of Ib.:: or its assignee's acceptance or receipt of npHl1l1111TJla60 OneP)I\aHHll lnOTel<Ollep)K<lTCJICM'HI fior-o Mortgagee's lIecioffapicM npeAMeTy 1llOTeKH Y BiiUJOBii-UIOCTi _l LlJ:IUiT';;,M the Collateral under Qaus'f~,,".5,2.1, the amount of the - CnpUBe.ll,JH1U8PHHKOBa RUPTkTh TIU<OIO f1PCilMCTy Fair Market Value of such CoHateral or any part In01"eKIi a60 Moro 'laC'THHH Ha Aa'!)' 1\01'\1ilpHHtHITTlf; aO\) y thereof as on the date of such acceptance, or (ii) in the pa31 BHKopflCTaflBJl lnOTelWAeplKl:\1"eileM cno"lx npull illl case Qf the Mortgagee's exercise of its- rights to tilinsth the Collateral pursuant to Clausc !1.2,.2, or Cla1.l~ nepeJJ.a'ly npCl(MeTy Ino-rcKI1 y BiAflOBi/lllOCri :5 rfulKTOM ;i.2.2 a60 nyHKTOM S.2.3m 'II{ DSJJI\TQ1:L;h.2,.,l.(iil ~:2.1_(Dor Clau'S<;_~,~;J(Ji1. the actUal amount received or its assignee as a result of the ql3'RTI1'lHa cyMa, OAep)KaHa InOTelwtICp>tWTCJ1CM aGo by the Mortgagee u.eeiOlJapitM B pe3yJ1bTaTi peani3auiY npeilMCTY InMeKli ao,1 rl'ulisation of the Collateral or any part thereof. The nyAb-HKOl" fioro 'laCTtUJ:H; Ol1CbMO!lC no llillO-"'l.1lCHUll Mortgagce's written notice 10 the Mortgagor in respect InOTeK(mepiKaTeJJlI InOTel((),l.lllBU\O IlpO CnpllBc,u.rUlBY of. in the case of the Fair Market Value, or l'HHK0I1'y BapTicTb (lIKll\O 3<JC11QCOllY10ThG5i 1I(1.11(l)l,ClIllll or, in tlw case of Clause 5.2.2, .Qs.~!:~.J.J.ill the amount actUlllly received by the nYIlI<lJ! 5.2.~), a60 (1l1<ll\0 38CTOCOI1.ytOI'bClll!n]J\,m\l:I<IHll be prima facie evidence of the Actual lliHl<tl' 5,.22 a60 .!1.Y.!:!:m.-:L2,.~m 'lH I1YlllciV .'LUlu) rrpo cjJaKH-l'lHO oAep)(aHy InoTcl<o/.\ep)I<n,CJ1CM CyM)'. 6YJ}C Value of the Collateral Or the respective part tbereof. 6e33cmepe4HltM p.OI<a301l-l (J)aKTl1y\roT BapnlCTi flpeilMCTy InoTeKH YH lli.n.noBi.L\Hoi" 'IaCTI-lHH.

rx

No L[ll.1!iJ!.!y. Unless otherwise provided by Bi):(cYTHicII1_~~im.L'1,ltiJl,aJlbtl~t, .$ll(l1l0 inlllc ne 5.3 rrepcJJ.6a'reHo 411HHHM3aKoHo.JJBBC1110M, In01'eK(),l\CP>l,:ITeJlh. Appliellble Law, the Mortgagee acting in a good faith lUO .o.ie A06poCOllicl-IO -ra CYBOPO y lli,clnOflillllOCTi no and strictly in accordance with provisions of this nOJJo)(eHb u.boro }J,oroBOpy Ta l..l11HHOI'Q "3al<oHo.uaHCTB<1, 110 Agr0cmGntlind Applicable Law sball not incur any J)ece )(CO.ll.HOi' lli)J.nOBinaJJbl-lOCTi B -PC3Yl'fJ>nlTJ,:t;~i;ftC!WHIJ11liahility ~IS.:, result of exercisil!lg its rights or'reroedies rega[d~'Css of whclher it CBOi"Xnpaa a60 BHKOPHCTaHH~ 3aco6iB IIjl/)HZl1rl)\jO -:l:t10K'"lY uncleI' ,this Agreemen\, .38 J,IBM}J,orOBopOM, He3aJle)l(1-I0 Bill. .oro, 'Il-l nill 'W.ICjl)1\a'Il, ll\\ceiycs, accepts, is assigned or assigns, takes 111~11!ii:HllB, Ha6yn Bin llillcrynneHHll \ii.(}~~y 'JJ1 J\jnc:ryn,{ll, 4xlsse;'1>ion or ownership of, or tTansfers or llelLs(or cl\uses to he transferred Of sold), the ColLateral (except npl-li1Il11By Bono)J.i)-II-I~'111 BnacHicTb, IJCpe,UUl nGo npoJum when such liability is incurred due to ;the ;gross ('HI 3a6e30CYlill nepe.o.a'ly a60 npOJ~a'-K) ll:pe,I.l.l\.leT hlOTCKH (3a BI1K)lfOyeHHJlM BHna.n.KiB, 1<01,111 Tal,e :It"i6(m'tl3all IIlI 110g1igence or wilful misconduct of the Mortgagee,. :(l111ll1K!l0 'lepe3 rpy6y He.n.6anieTb a60 CUil\OM{:nopYl11eHllll J]IOTeKo.n.ep)J(aTeneM CBO"lX 0608 '1I3r<~Il).
5.3

Bi.n.cYTHiCTb BiAnolliAnD~!i()i;Ti af.? llQ.9..1{8}!'Y. lnOTeKOAep)KaTeJlb He Hece )IWAl-lo'i Bi"UlO1Ji}~aJl)'H{Il:Tj I1{O)\O 3BiryBaHli~ nepeA InOTel<o.uaBlleM 3<1flPCJ.~~H~T InO"I'lIKIJa60 -6YAb-llKOi"tloro 4aCTI-IHH (I-IC3aneJKHO l\i;:l 1'tWtl, 'If! ni!l ;oepe.na H HM It10TeKOAep>I(UTeJlI0) i ;tae '.war' nc'-.pe,'J In01"e-1<o)J.aBueM IKO.QHOr-O 060B '1l3:K)' Ll.\O,n"C.l 'llt-)epi.nKmlcTi ~t0e'plraHHi npenMeTy 11lOTeI<H.
5.4

SA No R~:m.Qr\liil!j.~;ticH~:..Q.!!li~ no Mortgagee shall nav-\: no f(~:$prHl:$.ibIJity to fhe Mortg<'l:gm to lIl'count {or any -of tbe Col[a,teral (wbether or not tl:Hn.~fc-rr~clto the Mo,rtgage.e) and -shall not have any dllly t,f care -to the MongagoT with :respect to the Collateral. .

5.5 npana In01-eRo~5!ln:!.!!!. .J!.lptlo ,~nm~""rlj\je-D' (noTeKl-I. He3Ba)l(a10'IH H<l 6Y)J.lr~RKj rWJJOiKellllll npo npOTl-lJJe)J(HeB UbOMY)J.oroBopi,. neCb "lac.. )i{)ICH3aGc'3ilc,ltIlli 3060a'1l3aHHll 3aJJI-1WmOTbCli HeCrJlla'lCtillMII, 1nOTeKo.uep)l(aTenb, Ha cBif1 Bl1_KJUO'IHHI1 Ta a6cofllrrnml1 P03CYA, MaE: npaBO BiAcrynliTI1 C,B(lY Hm!
p.:OfOIlO \yOM ,

Bl.uIlClBi;nHi [noTeKoAan

,R.igJ:l!L.QL MQrtgage!<.J.ILJ$elation to t!!~ Notwithstanding anytl,ing to the contrary llc:n:jn, for so long as any of the Secured Obligations rcnmin outstanding, the Mortgagee shall, io the exercise of its sole and absolute discretion, be entitled to assign its rights under this Agreement, but only to the extent that it has assigned its respective rights under C!lo'j (\~Ht. the facility Agreements. The Mortgagor hereby consents to and authorises any such -HKC irrevocably 5.5
{,:l.1Umf.-1"gj.

3AiAcmlTl-l HOrO. ynpOL\OIDK 06rpYJ:iTOBaHOro CTpoKy CTOBicTHTH InOTeI;(.lj(aBUH npo TaKe BiAcryllJ1eHHH Ta Ha;13TH I nOTeKOJl<1eUiO .neTaJlbHY iH(PopMauilo npo oc05y, HKiH Bi.l\CTYlltnOTbC5I npasa Ta 060B'R3]<H. H3.11II.lill,lIa]-IH5J . .5'IKUl,O or il.oMoBneHoC1-j a60 !.l.bOMY ,lloroJ1Qpi, 30606 '1I33HHH, -"aM BHKOHaTHa60 3a6e3ne'-lHTH BHKOI-taHH5J TaKO,,".l\OMOI3Jl(!HoC'ri a60 3060e'513aHHlI, i InOTeKo.naBel.\b nOBHHeH Ha BHMory InoTeKo.a;ep}KaTeJllT CBOLlaCI-lO IWMneHcyBanl BH>qlflTI-l InOTeKOnep}l<aTeJ1l1, nOHeceHi HI-lM y 38' 113KY 3 TaKHM llHKOHaHHllM. 5.7 lli!J:mlH1Jl~l;l:lll, __.>QfuJ[I)~~l!!!:!1l.,llM YH~IKHeHI-I5J CYMHilllll, pelYllb'lllTt tlP'O.l\i~*Y. nepeJl(lcli a60 iHworo sij\YY}l(CHfili DpeJ1Me1'Y SHaCJliAOK 3BepHel'l~ia CTlImeHWl H~ npe.~MeT Itlo,eKH"f~111tJO Horo pea.ni3i1ui'i Y lli.UnOBiAl'iOC1'i3 ui~C:ra1'TJEi!Qi]'l.l)jJ'lnHH51TbCli InOTeKa Ha l1pehlMet InoTcl<!i; mo 6y~ f11Jf1 UbOMY npOn<lHHf\, nepeJ.tttHHI1 a60 BiL\qY1KeHHH y iHWflH cnoci6. i IfloTeKoneplK8TeJlb '111 Horo uecioHapii1, Ha6yBa'I-Tpen CTOpOH8 a60 iHWHH nOKyneUb '111 Hil6ylla'l OTPI1M<HOTb npaB8 B!laCHOCTi Ha rtpeL\MeT InoTeKH, BiSlbHHH ain 6YL\b5JKHX06Til)KeHb, y TOMi YI1CJli Bi,1\ uie'i InoTeKl-l, a TilKO)!( 6ynb-lIKflx (nOTeHuii1HI1X) BHMor InoTCKOnep}KaTCJlH Ta/a60 il60 Horo Kpe'oJITOpiB. rip

assignment. Mortgagee shall notify the Mortgagor of such assignment andprpvide the Mortgagor with the details of an assignee wHhin a reasonable period of time upon such assignment.

5.6 Mortgagee~M1J.,Pe~Prm,. If tile Mortgagor fails to perl'orm any aweementor obligation contained herein, the Mortgngee may, but shall not be obligated to, itsel fperform or cause the performance of such agreement or obligation, and the Expenses of the Mortgagee incurred in connection therewith shall be promptly reimbursed by the Mortgagor upon demand of the Mortgagee.

5.7 UIl!'lll)J2tion of Lien. For the avoidance of doubt, any sale, transfer or otller alienation of the Collateral resulting from the foreclosure and/or realisation of the Collateral pursuant to this AttiC! shall tcnninalethe Mortgage over the Collateral Vi have been so sold, transferred or alienated, and the Mortgagee or its assignee, the Third Party Transferee or other buyer or transferee, shall obtain the rights of ownership in and to the Collateral free of any liens including this Mortgage, as well as any (potential) claims of the Mortgagor andlor any of its creditors.

5.8 Enfo[(,<l];U!cllt Pel'i9l!. deciding to satisfy Secured Obi igati ons from the-iA~I~e of the Collateral ;f3al'll> 3a paxYi-lOK BapToe-ri the Mortgagee is not subjecttoa~ny time limits other InoTeKH He 06Mel]<ynbcH y 'Iaei, OKpiM 6ynb-lIKHX than any mandatory statutes of limitations periods 060B'i13KOllHX CTpol<in n030BHO', nBSHOCTi Binnot>iUI-io no under Applicable Law. Subject to the foregoing, the lhH1HOrO 3aKolJO.1l.<HICTBB. 3 ypaxyBaf1I-IHM Mortgagee may at its full discretion satisfy its claims BHllle3a3Ha'leHoro, InOTeKOJlCp)l(aTeJlb MO}Ke. 1J~1l(J1fO'IHO Ha from the value of the Collateral either immediately BJlaCHHf\ P03CY.n, 3aL\OBOJlbHl-lTH caoY Bl-tMOrl-t :JiI paxyHOK after the occurrence of an Event of Default and which napToCTi Dpe,1J.MeTy InoTcKI1 HeraHHO nlCJlII BHHI1l<J-leHHH is continuing or al any time thereafter, subject to the BHnaL\KY HeBHKoHaHHR 3060B'a3aHb Ta lIKflH TpHBae, a60 B compliance with the procedure of such foreclosure set 6YL\b-lIKI1H 'lac ni3Hiwe, 3<1yMOBH, U<O3a~\OIl0!1bHRHHR UIIX up by this Agreement and Applicable Law. Any delay [ll-lMOr 3nii:1CHfOE:TbCR y nopRA1<Y.BCTaHOBJleJ-lOMY UHM in enforcing the Mortgage shall not be a AorOBopOM Td LJmIHl-lM 3aK(~lloAa[lCTBOM. 5y.ub-llKa waiver of the right of the MOrtgagee to satisfy 3aTpl-lMKiI y npHMycoBOMy SHR(1Hal-IHi lnOTeKH He demands (Secured Obligations) in any manner BBalKa1'bCli Bi.uMoBOfO InoTeKoneplJ(llTeJlll oi.n 3ai-IOOOileHl-l~ contemplated hereunder and Applicable Law. InoTel<:onep}l<aTeJleM CBO't'X BI1Mor (3a6e3ne lefll1X 3060s'~3aHb) Y 6y.ub-lIKl-lH cnoci6, nepen6a'leWIH UI1M ,llorOBopOM Ta 1.IH~IHHM3aKOI-lOnaBC1rlloM.
piUl\!tJWI
~a;:( 0
L

In

5.9 InOTeKo.ueplJ(aTeJ)b M$E Ttpano, 3i11\OBOJleHHlI 3a6e3he'leHflX InoTeKI1 y 5Y)];h-llKI1H L[HliHHM3aK Ta CKOpHCT 3axHcTy. t\O<rfJ'1JFlIHNIH
Mll

Ha

5.9 QJI1eL...En[Q[feJne!l!:. The Mortgagee may choose to obtain satisfaction of the Secured Obligations from the Collateral in any other manner not prohibited by Applicable Law, and may exerqise all other rights and remedies available to it urt~~i;:y\pplicable Law to foreclose qn the Collateral or any~rits parts.

'lllCTHHy. 5.10 Hanxoill!'~~!m.a. KpiM llllnanKiB, KOJH-l llmH-lI1M 3aKOHOL\aBCTBOM BI1MarllClbClI il-lwe, l-taAXOmKt:tIH~ Hin lP0Aa~(y DpeAMeT)' Ino'l'eKI1 B llepllly

5. I 0 !'oceel1'0.. ExcepL as may otherwise required untler Applicable Law, proceeds from reaiisation of the Collateral shall be applied first t

I1C'tO~Yl<)1'bCIl AJIli OnnaTH Bcix B H' e'lCHI1X 31)UOB'.ll3ilHb nOpIlJJ:I\)',irK f\!;l311a'lCBOInOl'eKOAep!Ka1em~M. 5.11 .~t::W.l!!iilipan!!. He 05MCJKYIO'U.l 6y,((h-1I1,i llIlui Ta '~aco6li llipalloBoro :IlLXllCTY, kl9t'\)'lJHI
BiAHO lID \{~lm[()m 3,-I{'OaOJJlln~l"lla

mcnt of all Expenses, and then the repayment 0 other SecuTed Obligations in such Qrder M detennincd by the MQrtgugl::e. 5. l .I Qen~'ll Rightli. Without prejudice to any other remedies available to the Morl'g;tgee llndcr ble Law or olherwise, in the ea Event of Default, the Mortgagee shall nave the its ahsolute discretion to take the following actions:

HacT,Hllfi BldnaJ\l{Y 306 )Kal'eJlb M(IE npallo CB1fltHiK.ll104tlHHp03CyA TaKi Ai'i:

Hel!w\oIHlHHJl 'mitlcHlITH 1m

(a) )J;IJlTH B $f.\<ocTi 1'pel'boi' ocoou B 6Yl1b-lHWi\1Y cYAoaoMy a60 ap6iTpa>I(HoMY npoued u 6YJ\h-IDWMY cnop!, mo cTocyeThcR npeJJ;Mery InOTeKH;
(b)

{1I)

arbitration

act as a third party in ,Illy jUdicial or proceeding in any dispute involving the

Curlatemt;

,l(e.llcrynaTJlI 6YJJ;b-JlKili oc06i (tlYllh-1I1(lfM OCOQt.lM) (b) delegate 10 any person(s) all or any of the Bci npaaa, n013HOBall<eHHlI Ta l'tll(;!\pcuil1lfi npmHI Mortgagce's rights, powers and discretions under this TnoTeKot\eplKaTellll 3a UllM !-loroBopoM, IIKi Hin jll\J>!\C Agreement as it sees fit; and 6Ba>Kanl 3a nOTpi6He; Ta (c) HaHMaTH areHTi8, MetleAlKcpiu, npaHillHI\\,i!I, pa.n.HKKiB Ta iHWHX oci6 Ha 'taKHX YM01JaX, 11K InOTeKOlIep>KaTellb 8MpiwATb HU cllifl: BmlCltHfl pt>:lcy.u, Will 3.njilcHeHHlI 6y.nb-llKMX npaB, n<HltlOBaJl\elll> a50 L\HCKpeniHHHXnpa8 InOTeKOAepX(aTCJlll 1U Ul1MJloronopoM: 3a yMOBl1, mo llwrpan1 Ha 6Y)\b-llKi Bllil\C:J<r3H<l'ICHiIii'! nOKpl1l3alOTbCli3a paxyHoK 1 nOTeKOAalll\.
(c)

clUploy agents, managers, employ<.:cs, advisers ,tnd others on such terms as the Mortgagee at its sole di5:cl'ction shall determine to exercise any of th(: Mortgagee's rights, powers and discretions under this Agrccm<.:nt; provided that the cosl of any of the foregoing shall be at the expense of the Mortgagor.

GOVliRNING

LA W, DISPUTE RESOLUTlON AND JURISDICTION shall be with the

6.1

l]..lli!.1l9.L luo.. .3aCTQ<:O.B..llI:\>~. peryJlIOCTbCll 1'a TJlYMallHTbCIl y


npaBOM YKpaIHM.

I kit

Jlo[oBip
:1

lIillllOBiJJ;IlOCTi

MaTepiaJlbH1tM

\.h~ycrning Law. This Agreement govcrncd by and conslrued in accordance :'llb,(.anJive laws of Ukraine.
6.1

6.2 BHpil!Js:tWJl;cnopiB 1'3 IO'p~~K!JJJI. Jkj ClJOPll TU npeTeH3ii', mo 8liflllKaIOTI> J UhOCOnorOBOPY a60 y 3ll'Il:31~Y :1 l-IHM, nlWT5lcalOTb BflpillietlHIO Y rO\}ftOJ\apchKllX c.yJ\HX YKpartlfl 3a Micue3H3xo.niKeHHllM InOTeK01~aB!U1.

(1.2 Arbitmt!1Ju Md Jurisdictioll. All disputes and claimg a~rising out of or in relation to this AgJ'(:emenl shall be resolved by commercial courts of Ukraine at th<.:location of the Mortgagor.

7.1 }JJle;ndments and Waiver. 7.1 3M~Ll1~LQ.Pj!, SYllb-lIKB :IMhm t5Yl\l,-lllWrO nOJTOll<el-ltlll Uboro .uOrOBOpy 411 3l"0/U\ IIlI nil1XHJ1<:'1'1l111 any provision of this AgreelUent, lnOTell:O'l\alllJ,Jl a60 TnOTeKOAep)/tTCllll niLI 0Y;\h-lIKOl'O dcpal1llre by the Mortgagor nOIlO>KetlHllUboro !-loroBopy norOBopOM 6)'.'\)'Tb HiliClil1MH therefrom shall be effective unless TiJlbKHYTOMy B.lma/.IKY,llKlUO 80HH QCPopi\I)fCHiII flltCbMOllil1 writing. signed by the Mortgagor ljJopMi,.ni,uOllcaHi InOTeKo,uaBueM ,1I lnOTCKO)'.J,CP>I((lTCJlCM 'nl and notaris<.:d. Any waiver HOTapll\.IlbflO nocBiJ\LJeHi. oYAb-lIl(a lli)IM0 n<1 LHI 1n111<1 Mortgagee shall only be effective in:OTeKOJJ;epJK3,eM 6Yll.e .ninCr-tOlo{) -riJlhKH y pH::liJHK'bMQllorO the sp<.:dfic inst<tnce and for the B KOHKpeTHOM)' BIWMKy '1'<1 NI1l lo:OllKpGTHlI.X which given. ;A!lllllKI1XBORa Ha.nacrbCll. 7.2 l1oB:ihoMAIr.tltl.a. BYAh-SlKe noOi.noM.lICHWl, GY/.\lrIlKIl lHUl!t

No amendment of nor consent lo any or the Mortgagee the same shall be in and the Mortgagee or consent of the if in writing and in specific p.urpose for

or

7.2 Notices. Any notice, application or other collJmunication to be given or made under this Agreement to any Party shall be in writing and shall be in (he English language or accompanied by a lnmslalion thereof into English certified (by an officer (he person making Of delivering [he same) as being a

oc06otQ, ll.lO HanpiHIIlHE'. TaKy f( aCio HMi!c TaKI!li~.i.loKYMeHT) ilK AinCHI1H pek.Jl$n, }lK1J.l.O IJ,W,~~,!,J..OroBopOM He nepen6a ieHO iHilll.l,:rlike>!1t111~~OMJIl;)llHil, TaKa 3a.slBa a60 iHwa KopeCnOl'~eHl!jll IHlall,ill0Tl>Cll Hane)KHHM '1I1HOM HilnaHHMH a60 :m:ificHeIUl.MH., KO.llI1"ix Bpy'leHo OC06I1CTO, nOCTilBJICf!O alliUnOlllToKl, Te-neKCOMa60 lfJaKcOM CToporli, HKii'! BOltH noBfjl-lHi 6yTI1 HaiHuli a60 ,IlJUI HKO"iBOIHI nOBIHIHi 6ynl'l,rtiwcHCffi b nluTBep)l:lKeHHllM 'IX OTjJHMaHHll i\.,.pecaToM, Hil allpecy T3KO'I CropoH!'I, 3a3Ha'leHY Ha'l:~piHui 3 niJJ,nJ1caMH, a60 HaT'lI(Yiil;I~Y UIlpecy, llKy 'T'!f,J\a CTOpOl-fa 3a:ma4HTh y nOlfi.!WM1~HHI CTOpOHi, ll(0 l-lllJla a60 3niHcHioe TaKe nOBinoMJleHJIH,1'UKY 3allBY a60 il-WlY KopeenoH.ueHuilo,
l

true and llcCurate translation thereof. Except as otherwise 'pJ'9vided ill th~s Agreement, such notice, application or other communication shall be deemed to have been duly given or made when it is delivered by hand, airmail, telex or facsimile transmission to the Party to which it IS required to be given or made with the contirmation of receipt by the addressee at such Party's address specified on the signature page or at such other addre.1>s as slI-ehParty de1;ignates by notice to th~ Party giving Of .lnaldngsuc'I'tJ1Qlice, application or olhercommunicatioo,

7_3 r.li~!I~IJ.l2l:l1~!5!i21!~i!Qlt!j, U,ei'! ,Uoj'()JJip ni.D.nl1caHllH Ta HRTleJ,KHHH HIlHOM :I!l"eaiitl.1\.l.lHfll'1 HOTapiycoM y 'IOTHpbOX (4) opHriHaJlbHHX npHMipHHKax, 1(Q)l(!-IHH flHrIlirlcl,KOtO Ta YKpa'iHchl<OlO MOBOKl, ABa np~IMipI-lHl(~1 IlI1n lnoTeKOnep)Kfl1'em 1'a no OAHOMy npHMipHHKy nilll InoTcKo.D.a13UH 1'8 HOTflpiyca, Y IlHflflllKy 6Y.D.b-lIKOi" Heai.unoaiAHocTi MilK allrniHC~l.<~~ Ta YI<pa'iHchKoIO BcpcillMI1 UbO)"'O ,UO,OBOPY, nepeB<i~l;.l~MaeTbC~ yKpa'iHcbKifi Bepci"i; ane 38 yMOIlH, ll(0 npl1 HeOL\U03Ha4HOCTi yKpa'iHcbKo"i Bepci"i AorOBopy 3ilB)K!\H MOlKHa 3BepHyTHcll no I~oro aHndHChKO'l' BepciY .D.illl:;'llCYBaHHlI, HflCKiIlbKH ue MO)KI1fIBO, 6Y.D.b-lIKO'i HeOAH03HaYHOCTi B yKpa"iHcbKii1 Bepci'i ,UorOBopy,

7 _3 S;:ounlcmarts and !"'1,!lID!~, This Agreement has been signed and duly certified by a notary in four (4) original counterparts, each in the English and in the Ukrainian language, two counterparts for the Mortgagee and one cOllnterpart for each of the Mortgagor litiQ.tbe notary, If there is any inconsistency between th~.6nglish and Ukrainian versions, Ukrainiankhtguage version shall prevail; prov' however, that in case of ambiguity in the Uk.rainhth language version of the Agreement recourse may always be had to the English language version in order to clarify, insofar as possible, any ambiguity in the Ukrainian language version of the Agreement, 7.4 ~\!J!.s;f.lY Clause, In order to cover the Secured Oblfgations expressed in any currency other than the cunency receivcd or held by the Mortgagee under this Agreement, the Mort may from time to time purchase any other cur as the Mortgagee considers necessary or desirableatthe then prevailing spot rate of exchange available to the Mortgagee (as detennincd by the Mortgagee) and the Mortgagor is to indemnify the Mortgagee as a separate and independent obligation against the full cost (including all costs, charges ilnd expenses) of such purchase (which shall be treated as an Expense), if the amount received by the Mortgagee when the cunency is converted in accordance with this Clause 7.4 is less than the amount owed by t1)eMortgagor under this Agreement, the Mortgagorl~'FO immediately, on demand, pay to thc Mortgageeauilrnount equal to the deficit.

7.4 Ba.rtKlTIl!0_. 3aCTepClKt!.!.JJ:.tll. All!! OIlJ1aTH 3a6e3ne'leflJ1x306011'n3aHb, LJ.lO BHpa)t<efd Y 6y.n:b-nKili iHwiH B1UTKlTi, !1lil( BaJlIOTa,Onepif(aHa a60 yTpHMyBaHa InoTeKonepEaWiHl'N!3a UHM ,UoroBopoM, InOTeKo.ncp~aT~Jlj, MO)Ke 'Iac Bill. <llllGyKynyBaTH 0YAb-ilKY irlwy Ba.rtIOl;";lIKY J nOTCKO.t\cpll(aTCfll;; BI13Hae Heo6xil\lfOtO a60 6ml(IUlQIO, 3a 06MiHHI1M KypcoM "cno1''', iCHYKl411M HCl TOti yac 1'a ):(oerymnlM Mil InoTcKo.uep)l(aTeJlJl (lIl< BI13HayaC InOTeKo.n:epiKaTeJlh), a InOTeKo.ualleUh, B lIKocTi 01<peMoro Ta He3ane)KHOrO 306oB'HJaliH~, nOBflHeH BinwKoJ\YBaTI1 InOTeKO.D.eplKaTemo Bci BI1TpaTI1 (B TOMy HHCJd Bci BflTpaTI1, 050B'1l3KOBI nJlaTeiKi Ta BlnpaTIi), nOIJ'n3aHi 3 UHM npu.D.6aHHlIM (1U0 BBalKaTHMYTbClI BIi.D.aTKaMIi), Y Bunan"y, ~J(1U0cYMa, ollepiKaHa I n(j'reKO.nep~KaTeneM npl1 KOHBcpTalliY y l3ir~nOBi.uHOCTi3 Ul1M flYl:ll<;ro, E MeHWOI{) 3a CYMy, 3a60proBaHY lnOTeKo.ulBl.leM UHM 'uoroBopOM, InOTeKOn;al3eUb 3060B~Sl3aHHH fiHO, Ha BI1Mory, cnIlaTH'nllnO'l'eKo.fJ,epi!<al'eJlIGcyMy, lIf<or He .uiCTac. 7,5 UOp,anMltll COilaTa , InoTeKoJJ,aBel.\b cnna'ly, lI60 3a5e3neyye cnmlTY, B TiH Mipi, B llKiH ue Ll03BOJleHOLJI1HHI-IM 3aKoHo.naBCTBoM, Bcix iCHYKl'jHX Ta MaH6yTHix nOllaniB, ~lfna, 350piB Ta iHWllX 060B'5I3KOBHX nJlaTeiJdll 6YIl.b-5IKOro xapa",epy, B TOMy '1I1cJ1i Bcix nOnaTf(iB Ha n;o,llaHY llapTic1'b, llKi Hal\J1<l[(::lIOTbC.IIBi.unoBi.nHIlM OpraHoM ,UepiKaBI-IO'(B:rUIL\fi 3apa3a50n6Y>(\E,'~l<l1rl iHWI1i:i 'lac y 3B'5I3KY 3 YK.J1a.n~BJlilM 1'a f1iA11)I1Ma .l\ificHOCri UhOro ,UoroBOpy, a60\)'.&1>ilKI1X a60 nepeKa3iB, 3D.ii1cHelmx fnOTeKOD.ep)Ka'reneM nn51 3.uiHcHeHHil a60 npliMycoBoro BI1KOHaHHil6Y.((h-1l1(~IXHoro npaB :la UHM ,UorOllopoM_ Y Tif! Mipi, .no llKO"iHa InOTeK01lep)lCaTCJlll nowHpKltOTbCll 5ynb-llKi lJi,ll.paxYBaHHll, Y1'PHMilHH5Ia60 nllaTe)Ki 41-1ono.uaTKyBaHHll 0Yllb-ilKOEO BIl)),)' CTOCPBJ\O 6y.ub-ilKHXCYM, cnna:leHI1Xa50 ncpeKll3aHX3a l.\HM ,Uor0f50pOM. 6y.ub-Jlld '!'llKicyMH, CrllHNeHi.a60 ne.pC'Ka3lift.f lrloTc\Yo.ul1BueM a60 lli;lflOl'O

7,5 Further Payment. The Mortgagor shall payor cause to be paid, to the fullest extent permitted by Applicable. Law, all present and future taxes, duties, fees and other charges of whatever nature, including any value-added taxes, now or at any time hereafter levied or imposed by any relevant Governmental Authority in conncction wit\) .~he execution and maintenance of this Agreemefltlir~tny payments to or remittances by the Mortgagee >in the exercise or enforcement of any of its rights under this Agreement. To the extent that the Mortgagee is subject to any deduction, withholding or payment or imposition of any kind with respect to any amounts paid or remitted under this Agreement, any such amounts paid or remitted by or on behalf of the Mortgagor shal increased to sllch amount as may be necessary to

i'Melli, J101lJ.1Hl:ti :lOiJlbmymlTHClr fno!ei-(o.uep)Kal'eJlb QIlep)l(all' 1l0BUy oTpHMall, llK61i Ile 6yno Heo6xiAHOCTI IlHp lfKHXTIlKMX YTPHMam" nnaTe)KiB aGo ilHlHiX CyM. 5l'kIllO 6YlJ.b-S1l<e nonO)KellHJI l,{bOrO CyAOM a60 ap6iTpaX(HNM CYIIQM He.uiliCHHM, TRKIlM, IlHl Ill" MOlKC 6yt1t npl'IM)'coBO Ilfl'KOHaHHM,a60 'ml<uM, 1110 QlulHe 381<OHO.uRJ3CTIlO, 'nlKe nOJJO)l~HHll Ull HiK'leMHHM, He llT1JjJll1alo4H J1a .lJ,iMerllC1'[,PClll'fH rIOJIO)l,elll, Uboro .uoroBopy, a60 6yne TJlYMR'll'ITHCllllK '('aKe, ll\o MaC' MiHiMMbHi npaBoBi HacJ1i.t:\KH, 5l1(1ll0 .LlOI'Ollip He MO;KC BHKoHyBaTHcb 6e3 TaKOro He,QiikHoro ilOn<))KCflfUl,CTOpOfil1 Y3r0.ll,l1Th .uificHC n0J10)1,eHHll, wo M<lT1IMC ,!lII0 , 11K<l, HaCKiJlbKH ue MQ)KJ1HBO, 6y.ue CXO)l(()1O b enpamKHiMfl HaMipaMH CTopin, nepeIJ.6ayeHHMI1 a l\bOMY 1\01\130P1.

'I to the Mortgagee the full ~mount it IN imve received had such payments been made without <!<;t!uctioll of any such withholdings, payments or other impositions, 7.6 Scvef:ll~1.llii:, If any prOVIsIon of tllis Ag;ret,ment is held by a court or arbitration tribunal of cOlnpctcnt jurisdiction to be invalid, unenforceable or vi()lative of any Applicable Law, it shall be deemed nun and void to the extent thereof witho tbe balHllce of this Ag1'eement or shall be to have minimum legal effect, IF the Agrcemcnt is not op<;rative without such invalid provision, the Parties will agree on a valid provision with the effect as close as possible to the original intentions of the Parties <:ont<:l11plaled in lhis Agreement

wi

'1' !uf!mnity, The Mortgagor shalldefencl (with 7,7 fulm~i2J,y1mHl!:!l, InoTel<O;:!allCllh 1l\lllfllleU 3aXl1WaTi1 {3a ~(lnOMorOfO IOPI11lH'IllOrO pailtll\im. )lI(Hri counsel satisfactory to Mortgagee), prolect, 3anOBOJJbI'lH'2 IIl0TeKo.uep)l{UTenH), OXOpmIl1TtI, indcl11ni f'y and hold harmless the Mortgagee, its Bi)lWKOIIOBYBBTl-l Ta He AonycK3TH no lli}lllOIIlClliItO af!lliates, and each of the respective officers, directOrs, InOTtl'Ko.uep)l{aTeJlH,Horo a(piniMoa3Ht1x ucia Ta lli;IYl(lBillfIlIX sbareboJd<:rs, employees, altomeys and agents of the nOCl!.AoBHl< oci6, ,lJ,l1peKTopiB, CJlY)l(Omll(i1l, ItotlipCllllX odD Mortgagee and ils affiliates (each an "Indemnified Ta aretrriB (nOTeKOAep)l{aTeJ1H T:l i'x lli).tJ!QIJL/.\l1l1X P,tl'ty") from and against any and all liabilities, aljJini!1;oB3Hl1x oci6 (KO)l{HI1M - "CTilP(III<l-Oi\llpmYllll<t Qb!iguticms, losses, damages, penalties, actions, Bi;:lUCJ<:<lAYB:HHIfl") 6y,nb-lIKHX Ta Beix ~lo6oll"113aHh, IilTpUT, jl,ldgmeuts, suits, claims, costs, expenses und 3611TJdB, wTpa(piB, nil"!, Cy.uOBHX piUJt'lih. lIo3cmin, disbursemcnts of any kind or nature (including, without npeTeH3iii, BI1L1aTKill,(HnpaT Ta OllnaT 6Y;lh-$llm!"o IHUI)' Tn limitution, the disbursements and the reasonable fees of xapaKTepy (8 TOMy 'IHcni, 6e3 06MC;KCIIlIH, Ol1JtllT 'I a counsel lor each Indemnified Party in connection with 06rpyllToBa 1'1 11 x rOHopapiB IOpH.uWIHOMy paWHII\Y l\O)KHOl any investigative, administrative or judicial proceeding, Croporm-O,nep)KyB34a Bi.lJ,lUKO)lynaHHll 11 'lll \13Ky .; whether Or not the Indemnjfied Party shall be npOBe,lJ,eHH!lM 6YLlb-llKoro p03CJliJ1YH:lHHlI, designllt<:d a party thereto), whic.h may be imposed on, a.LIMiHiCTpBTHBHHMH cnpaBaMH a60 CYllOliHM pml'mll\OM. incurred by, or asserted against an Indemnified Party He3anelKHO ai)l '1'01'0, 'HI 6YJla CropOll,!-Ollep)KYIl<l'1 (whether direct, indirect ot consequential and whether BiUl1JKo,QyBaH}JllBH3HayeHa, lIK CTOpOIr<l'ftuwm pW,I'mII1Y), based on allY applicable laws or regulations, including, ~Ki MO)l(YTb6YTH l1aKJ1a}l{)lii, nOHecelii a60 lm<.,ynyTi nperrll without limitation, securities, environmental and CTOpOHH-O,Qep)KYBa'la BillWKOAYBallllH llll::'lllJ1C)1(1I0 lii;l cLlITl1na(;:ial laws and regulations, under common law 1'01'0, 'Iii npHMO, '1H onocepeAKOBaHo, 'IK II P<;1YJlb'faTi 6Y~(b- or in L:l\llity, or based on contract or otherwise) in any '10.1'0,i TaKO)JC lie3alle)l{HO Bill Toro, '114H<\OCllOlli 6Y.llb-l!twro manner relating to or arising out of Ihis Agr<;ement, the 'HlJUIOro 3aKOHOL\aBCTB<l 4H n0J10)lCeH1J, Ii 1'OMY 'lllOJli, fie;! Mortgage or the Collateral, including, without 06MelKeHlj!l, 3<'lKOHiB TIl nOJlO)l(eHb, Jll\i CTOOYlOThClllliHilHX li1l1itation,in connection witb the Mortgagee's ex.ercise nanepia, HaBKOJlHUJHboro npHpOt(Horo cepeJIOullUla Ta of its rights and remedies hereunder, or any act, event KOMepuit1110'!.uillJlbHOCTi, 3ri.uHo 3i 3fHt'lU('lnIM rrpttIlO{\f aGo or transaction related or attendant thereto; provided, no npaBy cnpaueW1HBocri a60 H<lKOHTpaKTiliH ()CliOlli ItH Y however, that the Mortgagor shall not have any iHWHil cnoci6), !lKi 6Y.lJ,b-llKHM'LHHOMBiJtllOClITbellll0 1(1.01'0 obligation hereunder to any Indemnified Party with ,[(orOBopy, [nOTeKH a60 npellMelY [!JOTeKn 'Ill LlilllIU(!lIOTl.'I r<;spe<:t to matters caused by or resulting from the HHX, B TOM)' 'IHCJ1i, 6e3 06MeXCCHI1lI, IJ ':W'Wl,Ky i:l wi1fid misconduct or gross ncgl igence of such 311iJ;JcHeHl'lliMIm:rl'eKo}(ep)]caTeneM CRoIx lipan, a60 6Y1{h- IllLk-nmified Pany, To the extent that the undertulHng 11l(OrO alITa, llQ.lJ,ii' '1M yrO,lJ.H, llKi lli,!l,llOClIThcll 110 llMWO tLJihdcmnify set forth in the preceding sentence may be Aorollopy 1m cynpOllO.lJ,)I<yKlTb Horo; npOl'C, :ilTl yMQllH, UJu unenforceable because it is violative of any applicabh.l InoTeKOualleltb He MaTH!lJ.e lKO)l,IHIX 3000B'll',H1I11>3n UllM law or pUblic policy, Mortgagor shall satisfy suctj .uorollopoM llepeJl 6Y,l.l,b-llKOI0 CTOPOIIOIo-Onep:;I(Ylla'I<;M nndcr1tiking to the maximum extent permitted by BiJlllUcO.L\YBaHHJl l.jepe3 11UBMliCHiIICllaJlC)I(lJi l(il' '111rpy6y Applicable Law, Any liability, obligation, loss, He,(\6anicTI> TU)(01 CTOPOHII-OlJ.epX(Ylla'la BiNIII(()JWllallll~, damage, penalty, cost or expense covered by this 5hc.lllo 3060B'1l3UHllll CTOOOBHO BjJllllI<O,UYtlUI1111I, nHKJ1(lJ1Clle Il indemnity shall be paid to each Indemnified Party on nO(TepeAl1boMy pe\ICHIii. He MOlK,C 6)'1'11 rrpuMycollo demand, and, failing prompt payment, sballbe payable llHKOHa~le 'lepe3 T,lllO B0l10 nopywy DY,l\L-lllc.c &.tIlUJll: to the Mortgagee on demand. The proviSions. of dlis 3aKOHO.lJ,aBCTBO <I()O .llCp)lCaIltlHtl (T0PllL(OI(, IncYreKoMueUb CI!illSJ,!3,,z shall survive the repaymetltof the S~urecl o l1(1llllifl j\llpi, Obligations and the termination of'this Agreement. ln HKe addition to the foregOing, if tile Morlg"gcc incurs any u60 expenses (including, without limitation, attorney's fees and other legal and out-oF-pocleet expenses) in

Cnn8'1yB81'l1Cll ]ii-O,o.CP*YB8'1Y BiAWKOJlYll.aHHR 3a 10; "i 1'lC3.o.ii1CHCIHlila~laC[{O fUl8Ti1K. ni,Wtllrae C[[Jta1'\ lil'lTeKOJ~Cp)\{aTeJUo 1'<1/860 36epira"lY(;JaJlC)I\HO via. KOclil{}>cnlorolllfD<VJ:KY) Ha JH1IvJOry. OOJlO)\{CHl-lllu!>oro !lY..HK"fj-: .... 22 lrmoThCJl 'llll'mkTh i nien!! 1llfKOliaHliJI 3a6c3ne'l 306oe'1l3aHb Ta ITj)liniUleRRll U!,oro AorofloPY. Ha ./lOn,aTO), no BHll\e BH.f:lll.nl<y, \{OJl'H. .I nOTCKo,uepJHa'tMl> Hcee 6ynb'1l1cJl'i, 6e3 06tneJKCIlHJl, till.1:nnaTy nOCJ1 x fOpl-lJ\\lf'lH'HXnOeJlYl~ a 1;3J((!( il-lwi y 3B'1I~1l(Y i:l 36cpc)\{CfllillMTa B11KopnC'raEIH!lMDYJlb-llKI!X upau InOTeKOltep)f{aTCml 3a LtHM }J,orollOpONl, rrpliMo 'IH onocepC,[(KOllaHO BHacni,uo\{ fiy,ub)l\{liX AiM lH16e3;;1111JlbHOCTi InOTCteo,uaaUll B 110pyweHliR llboro }J,orollopy, InOTeKo.o:aBeUl> CnJHlTI1Tb InOTeKO,Ilep)KaTemO CyMy TaKHX llHJJ.aTKiBTa, l'Ia llOllaTOK, y KOlKHOMYBHflaJJ.KY,nOJJ.aTOK Ha .QOJJ.aHyBapTicTb a60 il'IWi nO,1.i611i nonaTKH 'Iii 360pl1 (i T<1KiBI1Tpanl BBmKaTHMYTbC~ BI1\a1'KaMfI3a I.\HM,llorollopoM). 1.8 b\Q~l2...JLJ;liJlOtny, [left ,llo('uuip (pa30M 3 yciM<l }J,'O.Qa1'I('llMH .0.0 HhOro, l.1(OCT3J'jIJCB:I!lIlT, floro HeBi.1t'e~1HY 'laCTlmy) :llllJil'l c06010 flOBBy ,UOMOBIlCflic1'b Mim CTOpOiiaMI1 "ta CKaCoBYC 13aM1HIOC Bci nonepeJJ.Hi yCHi Ta f1HCbMOBinOMOBneHocTi Ta yro,uli Mim CTopOHaM~1 ll\OnO npeAMeT)' L\hOrO .uorOBopy (l(piM IlimanKill, KOJ1l.JCTOpOHfl 'liTKO 1l0MOBHIlI1C~npo iHwe, Ta TiJlbKI1 Y Tifj Mipi, opo ~KY BOHIi1l0MOBJ.l.nI1C~). 7.9 B.lAmVl1J1C.HHl'l. InOTeKOJJ.alleUb He MOJKe Bi.o.crynU'TII 6Y;1tb-llKi ceo') I>lJ\noaiJ\Hi npalla a60 neJlerYBlInl CllO'i BillflonlnJ;IJ .060B'lI3K1l33 UI1M }J,oroBopoM oc06aM uonepcAHbO'i fil1CbMoBO'i InoTeK InOTeKOnep)KaTeJlb MOJl<e ai.neTY 6ynb-SlKi CBOI npalla a60 l'leJleryB3TI1 Cl3O"i 060B 'H3l\11 3a UHM }J,orO'BopONl TpeTINlOCOUUM, BO,ufIO'IaC 3 lliL\CTynIleHHSlM CBO'iX npaB Ta JleJlCrYBaHWIM CBO'IX 060B 'H3Kill 3a KpCllfl'fHHMH }J,orOBopaMH, 6e3 3rbAII I nOTeTwnaallSl (Ta 3a YMOB~I Ha.QaHHll nOBi,a,OMIlel-ilill npo Bi,UCTynJ1eHHR InOTeKOJJ.aBUfO). J:!<J:l~.!iHT\iY.Uei1 }J,orollip H<l611Plll' 'lHIHIOCTi Y JJ.RTy 110ro )'KJlaJteHHSl i .',i<" D,OJJ.aTH HaD,atmnlnoTeKonep)KaTeJ1eM InOTe KOJJ.aBlleBiIIl1cbMOBOro ni,D,TI1~p.n)KeHHH npo Te, L!1.0Bci J060B'1l3aHHH InOTeKo,UallLI,iI 3a l<lpeJ1HTHHMI1 }J,orOBopaMH Ta L\HM.D:oroBopoM 6YIlO BI1KOHaHOy nOBHoMy 06Cl13i.
7.10

cOllnection with the preservation or enforcement of of the Mortgagee's rights under this Agreement as a direct or indirect result of an act or failure to act by the Mortgagor in breach of this Agreement, the Mortgagor will pay such expenses to the Mortgagee plus in each case any valu~-added or other similar tax charged on expenses (and any such expenses shall be deemed Expenses hereunder).

7.8 eemen~. This Agreement (inclu . all SehedL and being integral parts her constitutes tlle .cntiTe agreement of the Parties supersedes nll prior agreements, written or oral, between the Parties with respect to the subject matter of this Agr.::ement (except and only to the extent as may otherwis(' have been expressly agreed to by them).

7.9 Assignment. The Mortgagor may not assign any of its respective, ,rights or delegate any of its respective obligations'. tmder ment to arty third parties without tl1e pt:1or nsent of the Mortgagee. The Mortgagee massign any of its rights or delegate any of its obligations under this Agreement to any third party concurrently with the assignment of its rights or delegation of its duties under the Facility Agreemellts without the consent of the Mortgagor (but subject to notifi~ation of the assignment being given to the Mortgagor). Te.rm of Agreement This Agreement shall enter into foree on its effective date aJld shall remainitt effect untilthc date when the Mortgagee confirms;~tl the Mortgagor in writing that all of the Mortgagor-Is ~ obligations under tire Facjj[ty Agreements and this Agreement have been discharged in full.
7.10

7.lt ~Jl1!I1B :>MltJ. 3l!l~~J;ij[l'lC1'I1a.Ht} Lld1 lJoroBip. 5l1(LUO nienJl YKJlaJJ.etrFlllUboro }J,orOBOPY '6Yltte npHwmn-e aYAb-lIKe Ja~KOHOAaBCTllO, L!1.0 noripltl)'c npaBa Ta CTRH InoreKon.ep)l(aTCJlll, nOJlOl!(cHHl'l L\boro }J,orOBopy JaJlI1Wa!OTbCll 'l}\I'HlIl~ll .uo npHIIHHeHHlI Uboro }J,orOBopy HKU\OhUll BI1Maril~TbC)J 060B'113KOBI1MIi aHM l.J~Hl:iHor<) 3 n'a.

7.1I EfftcL,..Qf L~iiif!ptive Changes on this .6g,r~.ceIl~.D!. It, (ollowing execution of this Agreement, ilny legislation worsening the rights and position of the Mortgagee is adopted, the provisions of this Agreement shall remain in effect until this Agreement is terminated except as otherwise. e sly required by mand.atory provisions of Appl a'$k Force M~~ieure. A Party shalt nothe-liable for a failure to perform its obligations Hereunder if the failure was due to occurrence of an event of force majcurL. The Party claiming the benefit of this Clause Ll:l shall have taken all reasonable precautions to avoid the event of force majeure. I f a Party is de in performance or fails to perform due (0 th~ev

7.12 <1>o1'C Mn1KQIV 'll<o.una CTOpOHl:I He lIeee Bi;\llOBi,uaJIl.HOCTi 3n HelHH,OH<1HH>JCllO"(X 3060B '1l3alih 3a W1M }J,orOBopOM llHMS)i'!lOl\ rlt\C1.. at~lHll 06Cn1BI1H (llOPC MaJKopy. CTopOHa rvwllie HHM<1raTI1 JaCTocyBallllSl 110 lid UbOfO l]VlllS:11' .7:12. JII111le nleSlll Toro. lll, BOlla llJKHSlUBcix BiJmoBi/tuHX 3axoniB .U,JlllJan06i1-aHHll HaCl'~UUllO 06C'l'allHH wope Ma)\{Opy. Y pa3i 3aTpllMl\I1 a60 lieBHKOflaHH)I c60'iX

7 .12

MicTO MHKona"iB MHKona'IBcbKO'i 06Jlac-ri :hpalHa, AeCllToro 4epBHllllBi THCllCliJ.\eCaToro PO]{y, UeH lloroBip nocBi.u'leHO MHOK>,I(03neHOK C.I., npHB8TIlHM HOT"piycOM MJ1"()Jlal'iB(;b~:oro MicbKoro HOTapiaJlbHQro

City of My kola iv, Mykolaiv

region of Ukraine and ten, .Kozlenok district.

The tenth day of June, year two thousand This agreement is certified by myself, cjtynotarial

private notary ofMykolaiv

rpl~Ma,ll.lfH, llKi ni,unHCaJlH .1lorOllip, oc-raHoBJlel-li, IX


TaKQ)J(

The have

identities been

of individuals their particular in

signing legal

the agreement have

npaBo31l8THic-rb, ,ni31l8THicTh i BI,lJ,I{PI1TOrO "ll:A,lj,AB 5lPJI,C

verified,

capacity

been

conflflned, POIZANTER

legal capacity of HOI..I)lNCSLTI> and OPEN JOINT

Ix lJ'plUJ,C:l:'lllJ:lllKilJ i HaJlelKHicTb AKUIOfi!iEPHOMY l'OBAPHCTBY


OKEAl~'" IHePYl\~or,Q llepeBipeHo.

STOCK COMPANY WADAN YARDS OKEANas well as authority of their representaties and the factof by OPEN YARDS JOINT STOCK COMPAlt{Y" prop~t' WADAN is confimed, OKEAN of the mortgaged

MaHtt;), Jl.lO ownership

npli ULOMy 3acBill<lyK> Cnp8B)I(HicTb lliJlIlHCy rrepeKJJai-\fl<lil Also confirm the validity of signature of the translator, IOcynoBo',' !OniY rpHfOpiBHI1, HKI1H Ol\Hoc,aCHO 3po6HB Yusupova Yulia Grygorivna, that concurrently IlHCbMOBHH nepeKJla.n TeKc-ry JlOKyMcHTa 3 YKpaYl-lcbKo'i conducted tbe translation of the text of the document MOBil Ha alirJTificbKY MOBy Ta ni,nTllepJ.\HB .uOCTOBipt!iCTb from Ukrainian languange into English and confinlled Uboro nepeKJla.uy CIlO'IMOiD.OHCOM Y Mo'il1 npl-1cyTliOc-ri, the translation by attaching its signature hereto in my presence, Oco6y nop nepeSipeHQ. l!CTa110.BJleHO, KBaJli$il<aullo Horo The identity confirmed, of the translator

[nepeAa'd

npUBa

BJ1ClCIIOCTi

H3

InoTeKfl/npOAa)l(y

npeAMeTa

InOTeKH].

3a6e3neclel-lHX

In case the Mortgagor fails to discharge the Secured Obligations within 30 days from the date first stated llHiB Sill I1ltl'.tlj 3a3Ha leHoi" Ha n04aTKY u,boro above; the Secured Obligations will be satisfied against nOBiIlOMJleHH.jl, Sa6e30e'leHi 3060B'1I3aH1-l1l 6Y.\YTb the Collateral. For the avoidance of doubt, Mortgagee's 36IlOBOJleHi 3<'l.lltxyHOl( npeIlMeTa InOTCJ(l1, Allll ~(llisfaction of the Secured Obligations against the yHHKHeHHlI cYM~liBY, 3MOBOJleHHlI - Collateral shall not in any way prejud'iC(i'or restrict any InoTeKo.uep)K3TeJ1eM 3a5e3ne'reHHx 306013' 1I3aHb 3a other rights and remedies of the Mortgagee under the paxyl-loK npcllMeTa InOTcKH )KO,ll.HHM 4HHOM He Fucillty Agreement and the MortgllgeAgl'cemenL
BIHlaIlI<y He33IlOSOllemlil '~3aHb
l

I nOTeKOIlalll~eM
30
lTpl-lIlunH)

306013

ynpoAOS)K

3MeHwyBaTHMe

Ta He 06Me)KYBaT!'!!v!eiHIlJinpllB3

Ta

3ac06H npaBOBoro 3axHcTy Ino'fKo,ttep)I(UTCftJl Kpell.HTHHM,lloroBopOM Ta ,llorosopoM In01i'tlK:ll.


InOTCKOAejJ)kTftn':Jlb InOTeKOltllllt\tlb 306013 'l\3aHHlI ynpoAoslK
llHM

33

BH~Htti'lf.

Ll.(06

38AOBOJlbHH B

::kl(}e3ne'leHi

30

(TpHAlJ,flTH) JJ.~IiB Bill

The Mortgagee hereby requests that the Mortgagor discharge the Secured Obligations within thirty (30) dc\ys from the date first stated above,

!laTH, 3331-13cleHOi lIa nOllUTKY

UborO,llOBiAOMJlel-IHll_

Yci

TCpMiHH 3 BenHKo'i
B U,bOMY

JliTepl1, tiC IlH3HR4cHi iHUIHM


M31<JTb

4HHOM H3JJ.aHi

nOBiI\oMneH~Li>

3HRcIeHHl1,
KpeJJ.l-lTHfiX

'1M Il ,lloroBopi

InoTcKH

Ta

All capitalised terms not otherwise defined herein have meanings given to them in the Mortgage Agreement and the fal:ility Agreements.

,l],oroBopax,

BI,Ll,KPHTE AKUIOHEPHE "BA)l.AH JIP)l.C OI<EAH"

TOBAPHCTBO

OPEN JOINT STOCK YARDS OKEAN

COMPANY

WADAN

KHCN~71
KNS No.7

uerna1 bricks

Anpeca I
the Address

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rapa:x< MeTaneBHH

! Metal Garage
.:.........~~H

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the Registration

the Registration Certificates PeCTpaUiHHi ,ll,OKYMeHnl ! the Registration

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3\6eTOHI concrete

with metal

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TaTn-17! Oxygen Plant & TP-17


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uernai bricks

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I the Regi

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the Registration
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6eToH!
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f the Registration Certificates

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6eroH!
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A;<peca I

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.!l.OKYMeHTH / the Registration Certificates

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the Registration

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wiNo.
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/
the Registration

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auilll
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stration

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the RegislratiOJI

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the Registration

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the Registration

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21

HI

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2021,50

f thl: Registration Certificates

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2A

1151

I
Block npoxi.ufia Nf! 2 Chec kpoint 'No. 2

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metal

57;90

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PeectpaW.lll the Registratton

the Registration Certii1cata'i F'eectpal1.iidJJ:i,!!tol<yMeHTl1:


i

4508,00

25

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stone

PeeCTpaltilll the Registratiort

41359,00

1008

the

115

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1

the

the

the Registrati.oIJ C<1!tific.att1:s P ecrpaulJ111irtol\]Nefftll the Registration

46

2.E

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706,50

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47

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1062,60

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Pecc:rpaui.Jl/

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the ._---

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i

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the Registration Cerl! fjcates

uemat
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the Address

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l.\erJla!

bricks

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Oropo)\{al

Fence
44,1091,3001 3004-300;, 3151-3154, 3403,3406, 3409,3501, 3502,9292,
i

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I
the Registration Certificates PeCTpauiHHi .aoKyMeHTl'I I the Registration Certificates

1-15,

22

Cnopynll I Structures

Anpeca i the Address

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PecCTpauiHl-li
Me-lWll

.n.OK~rMeHTl1
I

metal

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the Regis Celtift

Me-ran/
metal

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fy/H I wiNo.

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nponpaBo ~I", II'CBUtOLlT80 BJlaCBO pyxoMe

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I 22386801
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I Ha HepyxoMe

pnOK

AOO:y.ltOB\.lHX KaMiHbl

cy,:tiB (Gnu) ,i Block of Fit-Out Ships (BFS)

stone

MykoJayiv Ukraine

Oblast,

853 B KHH3i I 1 I Registered in Registet of Titles to Immovable Property; r n No.

25788048

Bin

i Ccnificate

j 2010p. I

of Title to

ii Immovable Propeny

CAC No. 033383 issued by the Executive I Committee of MykoJayiv I City Council on April 06, 2009; Extract about the Registration of Titles to Real Estate No. 22386801 dated April 06,2009, issued by the Mykolayiv Interc"t Bur

'I

II
I

1)1 v

the Real dale April 07,