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together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: <br />all buildings, fixtures, timber, timber to be cut, crops, and improvements now on or hereafter placed <br />upon the property; all appurtenances, water, water rights, irrigation, and drainage rights; all rents, <br />issues, uses, income, profits, and rights to possession; all oil, gas, gravel, rock, or other minerals of <br />whatever nature, including geothermal resources; all personal property that may integrally belong to or <br />hereafter become an integral part of the real estate whether attached or detached, including any <br />appurtenances and accoutrements of any structure or residence secured hereby; easements and other <br />rights and interests now or at any time hereafter belonging to or in any way pertaining to the property, <br />whether or not specifically described herein; all above and below ground irrigation equipment and <br />accessories; and all leases, permits, licenses, or privileges, appurtenant or nonappurtenant to the <br />property, now or hereafter issued, extended or renewed by Trustor(s), any State, the United States, or <br />any department, bureau, instrumentality, or agency thereof. The foregoing is collectively referred to in <br />this document as the "property." <br />It is understood and agreed between Trustor(s) and Beneficiary that this Trust Deed is given to secure <br />the repayments in full of the following described obligations, regardless of whether Mortgagor(s) is(are) <br />liable thereon, and all future and additional loans or advances, protective or otherwise, which may be <br />made by Beneficiary, at its option, at the request of, and to or for the account of Trustor(s), the parties <br />liable under the note(s) or credit agreement(s), or any of them, for any purpose, plus interest thereon, <br />all payable according to the terms of the note(s), credit agreement(s), or other instrument(s) modifying <br />the same. <br />Date of Note(s) or Credit Agreements) Principal Amount <br />02/11/2014 $1,500,000.00 <br />201400949 <br />Provided, however, that the total principal indebtedness outstanding and secured hereby at any one <br />time will not exceed the sum of ONE MILLION FIVE HUNDRED THOUSAND, ($1,500,000.00), <br />exclusive of interest and protective advances authorized herein or in the loan agreement(s); provided <br />further, that THIS PARAGRAPH SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER <br />OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL <br />PRINCIPAL INDEBTEDNESS ABOVE HAS BEEN ADVANCED. <br />This Trust Deed will be due May 1, 2035. <br />Trustor(s) hereby warrants that Trustor(s) holds fee simple title to the above described property, that <br />Trustor(s) has good and lawful authority to deed and encumber the same, that the property is free and <br />clear of all liens and encumbrances, except encumbrances of record, and that Trustor(s) will warrant <br />and defend the property, at Trustor(s) expense, against all claimants whomsoever. Trustor(s) also <br />hereby waives and relinquishes all rights of dower, homestead, distributive share, and exemption in and <br />to the above described property. <br />Trustor(s) and each of them further covenants and agrees with, or certifies to, Beneficiary <br />as follows: <br />1. To pay all liens, judgments, or other assessments against the property, and to pay when due all <br />assessments, taxes, rents, fees, or charges upon the property or under any lease, permit, license, or <br />privilege assigned to Beneficiary as additional security to this Trust Deed, including those in or on public <br />domain. <br />2. To insure and keep insured buildings and other improvements including fixtures and attachments <br />now on or hereafter placed on the property to the satisfaction of Beneficiary. Such insurance will be <br />endorsed with a loss payable clause to Beneficiary. On demand, Trustor will furnish said policies or <br />proof of insurance to Beneficiary. Any sums so received by Beneficiary may be used to pay for <br />reconstruction of the destroyed improvements or if not so applied may be applied, at the option of <br />App #: 5248144; CIF #: 38220; Note #: 101 223CA Legal Doc. Date: February 11, 2014 <br />FORM 5011, Trust Deed and Assignment of Rents Page 2 of 5 <br />