Laserfiche WebLink
��14�5�34 <br /> the terms af fhe �ash Managernent Agre�ment and Sect�Qn�.�� af�h�s De�d of Trust Lender <br /> � <br /> grants to Grant�r a r���cab�e l�cense to c�lle��, receive, us� and �njoy the Rents and �rant�r <br /> shal� hold the Rents, or a part��r� thereof suff�c��nt to d�scharg� a�� �urrent sums due �n th�e Debt, <br /> for use �n the payment of such surr�s. <br /> Se�t�on 1.3 Se�ur�ty,,,A�e�men�. Th�s I3e�d of Trust�s b�t�a real property rn�rtga e <br /> ......... _ ������, ._, g <br /> and a "secur�ty agreement" with�n the meaning af th� Un�form C�mmercia� �ode. The Pro ert <br /> . � Y <br /> �ncludes both real and persona� prflperty and a�� ath�r rig�i�s and �nterests, whether tang�b�� or <br /> �ntang�b�e in nature, �f�rantor in the Pr�p�rty. �y execut�ng and deliver�ng this �ee� of Tru�t, <br /> �ra�tor here�y grants to L�nder, as security f�r the �bl�gations �her�inafter def�ned�3 a securi�y <br /> �nt�rest in the Fi�tures, the �quiprnent an.d th� Per�ona� Propert� and ather�rop�rty constitu��ng <br /> t�e Pr�perty, whether now owned or hereafter acquired, to the full ��t�nt that the ��xtures, the <br /> Equ�pment and the Personal Prop�rty and such ather �roperty may �� subje�t to the Un�form <br /> �ommerc�al ��de (said port��n �f the Pr�per�y s� sub�ect to the Unifarm �omm�r�xa� ��de <br /> b�ing called the "�a��a�era�"�. If ar� Event af I�efau�t sha�� �ccur and be cantinu�ng, L�nder, �n <br /> add�tion t� any �ther r��hts and remedies wh�ch it may ha�e, sha�� have and may exercise <br /> imm�diate�y and �w�th�ut demand, an� and a�� rights and r�medies granted to a secured party <br /> upon default under the Un�form �ommerc�al C�de, including, withaut 1im�t�n� the geneza��ty af <br /> the faregoin�, th� r�ght to take passess��n of the �ollateral or any parfi there�f, and to take su�h <br /> other n�easures as Lender may deem necessary for the �are, protect�on and preser�ati�n of t�e <br /> �o�latera�. �Jpon request or deman� af L�nder after th� o��urrence and du�-�ng the cont�nuan�� <br /> of an Event �f Defau�t, �ran�or sha�1, at its exp�nse, ass�mble the �ol�atera� and ma�e it <br /> ava��ab�e to Lend�r at a e�nvenient��ace �at the Land xf tan�xb�e prop�r�y} reasonably acceptab�e <br /> t� Ler�der. C�rantor sha�l pay to Lender on demand any ana aX1 e�penses, inc�uding reas�nab�� <br /> le�a� expenses and attorn.eys' f�es, incurred �r paid by �ender in protect�ng its i�.ter�st �� the <br /> ��llat�ral and �n enforcing i�s r�ghts hereunder w�th respeGt to th� �o��atera� after th� occurr�n�e <br /> and during the cantinuan�e of an ���nt of Defaul�. Any not�ce of sale, disp�sit�on or other <br /> ir�tended action b� I�ender with resp�ct to �he �oi�atera� sent to �rantor in aecardance w�th the <br /> provis�ons hereaf at �east f�ve �5} bus�n�ss days prior to such act�on, sha��, �xcept as other�ris� <br /> pr�v�ded by appl�cab�e �aw, �onstitute r�as�nable not��e t� �rantor. The prae�eds of any <br /> d�sp�sition of the �o��ateral, or any par�thereaf, rnay, except as othe�wise r�quired by app�icab�e <br /> �aw, be applie�l by Lender t� �he payment of the Debt in such priorit� a�d proport�ons as Lender <br /> �n i�s discreti�n shall deem�ro�er. �rantor's �debtar's) principal p�a�� o�bus�ness is as set f�rth <br /> on pa�e on�here�f and the address of Lender�secured par�y) �s as set fvr�h �n page an�hereaf. <br /> �ec�ion 1.4 Fxxture,.,F���. ��rtain ��the Pro�erty xs or Wi�I becorne "f�xtur�s" (as <br /> that t�rm �s defined in t�.e Uniform �ommercial Code on the Land and this Deed of Trust u on <br /> . � � � � <br /> �eing f�l�d fnr r�cord in the real �state records af th� ci�� or county wherein su�h fi�tures are <br /> s�tuated, sha�l operate a�so as a financxng statement fi�ed as a fixture f��ing �n acc�rdance w�th the <br /> applicable prov�s��ns of said tJn�f�rm �amrr�erc�al �ode up�n such of the Pr�p�r�y that is or <br /> may b�come fixtures. <br /> B�rr�wer her�by author�zes �.ender at any t�me and fram t�m� to t�me to file any initia� <br /> f nancing staternents, amendm��fis t�er�t� and C�n�inuation statements as aut�.orized by <br /> applicable law, as app��cable to a�� or �art of the fix�ures or Persona� Pr�per��. Fo�- purpases �f <br /> S <br /> 1Q�84539$v3 <br />