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7.7 Subsequent Agreements. Any agreement hereafter made by Mortgagor <br /> and Mortgagee pursuant to this Mortgage shall be superior to the rights of the holder of <br /> any intervening lien or encumbrance. <br /> 7.8 Construction Mortgage. This Mortgage secures an obligation incurred for <br /> the construction of an improvement on land and is a construction mortgage. <br /> [Remainder of page intentionally left blank] <br /> [Signature Page follows] <br /> -19- <br />