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2� 1 �� 1971
<br /> ln addi�lon, Trustor here�y granfis to L�nder a Uniform Cammercial �ode security rn�eres� in all
<br /> Persana! Property; and aIl praceeds from any sai�or a�her dispvsi�ion af�he Praperty. The�rus�deed is
<br /> aIso effec�ive as a financing statement f Ied as a fixture filing under fhe Un�form Commerciai ��de.
<br /> [� is understood and agreed between Trus�ar and Lender �ha� �his �rusf deed is given �o secu�-� the
<br /> repaymen� in fu�� of�he �bliga�ions as set farth in this trusf dee� and any Lvan Documen�. All am�unfs
<br /> shall be paid when due as provided for in the Laan C�ocumen�s c�ea�ing �he �bIigatians secured by�his
<br /> trust deed.
<br /> This trust deed s�cures a![ �hiiga�ions, inc�uding, �ut no�limi��d to the foIIowing:
<br /> Date of Note�s� ar other Loan Document�s� Pr�nc�pa�Amount
<br /> , ....—_ ,
<br /> 041�'l l��'16 $�50,��0.D�
<br /> Pr�vided, hawever, thaf fhe �a�al principai indebtedness au�s�and�ng and secured hereby at any one
<br /> �ime v�rili not e�cceed �he sum of TVI�� HUNDRED F1FTY TH�USAN❑ �$25�,���.��}, exclusi�e of
<br /> in�e��st and protec�i�e ad�ances author�zed hereln ar in any Loan Dacument and such other amounts
<br /> a[[ovve d b y [aw.
<br /> N�THING ��NTAINED HERE[N SHALL ��NSTITUTE A C�N[M[TMENT T� MAKE FURTHER �R
<br /> AI]D1T[�NAL ADVANCES IN ANY AM�UNT AT ANY T1ME, WHETHER �R N�T THE T�TAL
<br /> PRIN�CPAL INDEBTEDNESS AB�VE HAS BEEN ADVANCED.
<br /> This�rust deed wi f[ be d ue May � ��4�,
<br /> Tru�fior hereby warrants that Trus�or holds g�od and marke�able �i�1e in fee simple �o the abo�e
<br /> described Praperty, that Trust�r has good and lawful authori�y�o �rust deed �h� same, �hat fihe Property
<br /> is free and cIear �f af1 liens and encum�rances, except �hose set forth in a �itle policy or ���1e opinian
<br /> purchased by Lender and deem�� acceptable by Lender, �n i�s sole discre�i�n, in relation �o �his �rust
<br /> deed and tha� Trus�or v�rill warrant and defend �he P�operty a� Trus�or's expense agains� al[ claimanfis
<br /> rrvhvmsoever. Trus�or also hereby warves and relinquish�s all rights of �aw�r, hames��ad, distr�but��e
<br /> share, and exemptian in and to the above described Real Praperty.
<br /> I� is understaad and agreed betvveen Trustor and Lender that �his �rust deed �s grven �o secur� �he
<br /> repaymen�in full af the all �bligafions, �egardless of whe�her Trus�Qr is liable thereon, and all future and
<br /> additional foans or ad�ances, pra�ec�ive or otherv�rise, which may be made by Lender, afi its aption, at
<br /> the request of, and to or for the accaun� of Trustor, any of the parties IiabCe under any of the Loan
<br /> Do�umen�s, fo� any pu�pose, plus interes� thereon, aII payab[e accord�ng �o the terms af th� Loan
<br /> ❑ocumen�s. Any �bIigations secur�d by th�s �rus� deed shall be payab�e when due as se� forth En �he
<br /> Loan Documents.
<br /> Trustor hereby assigns, transfers, and canveys �o Lender al1 renfis, issues, income, profits, royal�ies,
<br /> banuses, and de�ay moneys ar o�her proceeds �ha� may from �ime to time become due and payab�e
<br /> under any real esta�e �ease vr unde� any oi�, gas, gravei, rock, ar o�her minera[ lease af any kEnd
<br /> including geo�hermaI resources now exlsting or that may h�reafter came in�� ex�sfence, covering �he
<br /> Property or any part th�reaf. All such sums so receiWed by Lender will b� appC�ed �a �he �bligations
<br /> secured her�by; or Lender, a� its vp��on, may �um over and de�iver �o Trustor�s} or fheir successors En
<br /> in�erest, any �r a[[ of such sums wi�h�ut prejud�ce ta any of Lender's rights �� take and �e�a�n fu�ure
<br /> sums, and withoufi pr�judice to any of its other r�ights under �his �rus� deed. Th�s assignmen� wil� be
<br /> cons�ru�d �a be a prav'rsion for �he payment ar reduc�ion of the �bligatians, subjec� �o �he Lender's
<br /> �ption as hereinbef�re pr���ded, independent of�he�rusf deed �n �he Property.
<br /> Trustvr and each of them further ca�enants and agrees w�th, or certifies and represents to
<br /> L�nder as follows:
<br /> �I. To pay alf liens, judgmen�s, or o#her assessm�n�s aga�nsf �he Property, and �a pay when due a[�
<br /> ass�ssmen�s, taxes, ren�s, utE��ti�s, fees, charges ar encumbrances upon the Property or under any
<br /> App#:53778��; C[F#:384�3; No�e#:3fl�59'[5 2�2EA Lega�Doc. Da#e:April'1,2��6
<br /> F�RM 5D1�,Trust❑eed and Assignment of Renfs Page 3 of 8
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