SHALL NOT AFFECT OTHER PROVISIONS OF THIS
MORTGAGE WHICH CAN BE GIVEN EFFECT WITHOUT THE CONFLICTING PROVISIONS AND TO
THIS END THE PROVISIONS OF THIS MORTGAGE ARE DECLARED TO BE SEVERABLE.
21.
COUNTERPARTS.
THIS MORTGAGE MAY BE EXECUTED IN ANY NUMBER OF
COUNTERPARTS, EACH OF WHICH SHALL BE AN ORIGINAL, BUT ALL OF WHICH TOGETHER
SHALL CONSTITUTE ONE INSTRUMENT.
22.
PRODUCTION OF DOCUMENTS.
THE MORTGAGOR SHALL, WHILE THIS MORTGAGE
IS IN FULL FORCE AND EFFECT, FURNISH THE MORTGAGEE WITH SUCH DOCUMENTS,
INSTRUMENTS AND PAPERS AS THE MORTGAGEE MAY REQUEST FROM TIME TO TIME IN ORDER
FOR THE MORTGAGEE TO EFFECTUATE A SALE OR A PARTICIPATION IN THE LOAN EVIDENCED
BY THE CREDIT AGREEMENT AND THIS MORTGAGE.
23.
WAIVER OF STATUTORY RIGHTS.
MORTGAGOR SHALL NOT APPLY FOR OR
AVAIL ITSELF OF ANY APPRAISEMENT, VALUATION, REDEMPTION, STAY, EXTENSION, OR
EXEMPTION LAWS, OR ANY SO-CALLED "MORATORIUM LAWS", NOW EXISTING OR HEREAFTER
ENACTED, IN ORDER TO PREVENT OR HINDER THE ENFORCEMENT OR FORECLOSURE OF THIS
MORTGAGE, AND MORTGAGOR HEREBY WAIVES THE BENEFIT OF SUCH LAWS (TO THE EXTENT
PERMITTED BY APPLICABLE LAW).
MORTGAGOR, FOR ITSELF AND ALL WHO MAY CLAIM
THROUGH OR UNDER IT, WAIVES ANY AND ALL RIGHTS TO HAVE THE MORTGAGED PROPERTY
AND ESTATES COMPRISING THE MORTGAGED PROPERTY MARSHALED UPON ANY FORECLOSURE OF
THE LIEN OF THIS MORTGAGE, AND AGREES THAT ANY COURT HAVING JURISDICTION TO
FORECLOSE SUCH LIEN MAY ORDER THE MORTGAGED PROPERTY SOLD IN ITS ENTIRETY.
MORTGAGOR FURTHER WAIVES ANY AND ALL RIGHTS OF REDEMPTION FROM FORECLOSURE AND
FROM SALE UNDER ANY ORDER OR DECREE OF FORECLOSURE OF THE LIEN CREATED BY THIS
MORTGAGE, FOR ITSELF AND ON BEHALF OF: (A) ANY TRUST ESTATE OF WHICH THE LAND
ARE A PART, ALL BENEFICIALLY INTERESTED PERSONS; (B) EACH AND EVERY PERSON
ACQUIRING ANY INTEREST IN THE MORTGAGED PROPERTY OR TITLE TO THE LAND SUBSEQUENT
TO THE DATE OF THIS MORTGAGE; AND (C) ALL OTHER PERSONS TO THE EXTENT PERMITTED
BY THE PROVISIONS OF LAWS OF THE STATE OF MINNESOTA.
24.
FIXTURE FILING.
FROM THE DATE OF ITS RECORDING, THIS MORTGAGE
SHALL BE EFFECTIVE AS A FINANCING STATEMENT FILED AS A FIXTURE FILING WITH
RESPECT TO ALL GOODS CONSTITUTING PART OF THE MORTGAGED PROPERTY (AS MORE
PARTICULARLY DESCRIBED IN ITEM (II) OF THE GRANTING CLAUSE OF THIS MORTGAGE)
WHICH ARE OR ARE TO BECOME FIXTURES RELATED TO THE REAL ESTATE DESCRIBED
HEREIN.
FOR THIS PURPOSE, THE FOLLOWING INFORMATION IS SET FORTH:
(A)
NAME AND ADDRESS OF DEBTOR:
Vision-Ease Lens, Inc.
One Meridian Crossing, Suite 850
Minneapolis, Minnesota 55423
(B)
NAME AND ADDRESS OF SECURED PARTY:
Bankers Trust Company
130 Liberty Street
New York, New York 10006
(C)
THIS DOCUMENT COVERS GOODS WHICH ARE OR ARE TO BECOME FIXTURES.
(D)
THE NAME OF THE RECORD OWNER OF THE LAND IS THE DEBTOR DESCRIBED
ABOVE.
(E)
THE MORTGAGOR'S TAX IDENTIFICATION NUMBER IS:
41-1837709.
(F)
THE MORTGAGOR IS A CORPORATION ORGANIZED UNDER THE LAWS OF THE
STATE OF MINNESOTA.
(G)
THE MORTGAGOR'S ORGANIZATIONAL IDENTIFICATION NUMBER IS:
9D-872.
25.
FEES AND EXPENSES.
EACH OF THE AGREEMENTS