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201203312
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Last modified
7/9/2017 8:04:31 PM
Creation date
4/30/2012 9:29:16 AM
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DEEDS
Inst Number
201203312
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201203312 <br />Real Estate or any easement or other right therein, subject to the provisions relating to <br />such awards and compensation generally set forth herein and in the Indenture; <br />(1) to the extent assignable, all right, title and interest of Grantor in and to (i) <br />all contracts from time to time executed by Grantor or any manager or agent on its behalf <br />relating to the ownership, construction, maintenance, repair, operation, occupancy, sale or <br />financing of the Real Estate or Equipment or any part thereof and all agreements relating <br />to the purchase or lease of any portion of the Real Estate, together with the right to <br />exercise such options and all leases of Equipment, (ii) all consents, licenses, building <br />permits, certificates of occupancy and other governmental approvals relating to <br />construction, completion, occupancy, use or operation of the Real Estate or any part <br />thereof and (iii) all drawings, plans, specifications and similar or related items relating to <br />the Real Estate; <br />(J) any and all monies now or subsequently on deposit for the payment of real <br />estate taxes or special assessments against the Real Estate or for the payment of <br />premiums on insurance policies covering the foregoing property or otherwise on deposit <br />with or held by Beneficiary as provided in this Deed of Trust; and <br />(K) all proceeds, both cash and noncash, of the foregoing; <br />Said property is warranted free from all encumbrances and against any adverse claims, except as <br />stated herein and in the Indenture. <br />(All of the foregoing property and rights and interests now owned or held or subsequently <br />acquired by Grantor and described in the foregoing clauses (A) through (F) are collectively <br />referred to as the "Premises", and those described in the foregoing clauses (A) through (K) are <br />collectively referred to as the "Trust Pronertv"). <br />TO HAVE AND TO HOLD the Trust Property and the rights and privileges hereby <br />granted and conveyed unto Trustee, its successors and assigns for the uses and purposes set forth, <br />until the Obligations are fully paid and performed. <br />Upon condition, however, that if the indebtedness secured by this Deed of Trust is paid <br />and satisfied in full, and the interest thereon and all other Obligations under this Deed of Trust <br />are fulfilled, then this conveyance shall be null and void and Beneficiary will, at Grantor's cost <br />and expense, deliver a discharge or assignment without representation or warranty except as to <br />outstanding principal balance. <br />Terms and Conditions <br />Grantor further represents, warrants, covenants and agrees with Trustee and Beneficiary <br />as follows: <br />1. Warranty of Title. Grantor warrants that it has good record title in fee simple to <br />the Owned Property, a valid leasehold or easement interest in the Occupied Land, and a valid <br />ownership interest in the rest of the Trust Property, subject only to the matters and liens <br />expressly permitted by the Indenture (the "Permitted Exceptions"). Grantor shall warrant, <br />
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