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201605326 <br />(a) All Fixtures to the extent they may be characterized as personal property; <br />(b) All equipment located on or used in connection with the Land and the <br />Improvements; <br />(c) All rights to the payment of money, accounts deposited by Trustor with <br />third parties (including all utility deposits), contract rights, instruments, architectural and <br />engineering plans, specifications and drawings, and as -built drawings, which arise from or relate <br />to the Land; <br />(d) All building materials, equipment, or work in process, whether stored on <br />the Land or elsewhere, which have been or later will be acquired for the purpose of being <br />delivered to, incorporated into, or installed in or about the Land or Improvements; <br />(e) All general intangibles and rights relating to the Property, including all <br />permits, licenses, and claims to or demands for the voluntary or involuntary conversion of any of <br />the Land, the Improvements or the other property described above into cash or liquidated <br />claims, proceeds of any insurance policies, present and future, payable because of loss <br />sustained to all or any part of any Property, whether or not such insurance policies are required <br />by Beneficiary, and all condemnation awards or payments now or later to be made by any public <br />body or decree by any court of competent jurisdiction for any taking or in connection with any <br />condemnation or eminent domain proceeding, and all causes of action and their proceeds for <br />any damage or injury to the Land, the Improvements, or the other property described above or <br />any part of them, or breach of warranty in connection with the construction of the Improvements, <br />including causes of action arising in tort, contract, fraud, or concealment of a material fact; and <br />(f) All substitutions, replacements, additions, accessions, and proceeds for <br />or to any of the foregoing, and all books, records and files relating to any of the foregoing, <br />including computer readable memory and data and any computer software or hardware <br />reasonably necessary to access and process such memory and data. <br />Section 2.02. Fixture Filing; Description of Fixtures. This Deed of Trust constitutes a <br />fixture filing under Sections 9- 501(a)(1) and 9- 502(c) of the UCC, as amended or recodified <br />from time to time, and for this purpose, the following information is set forth: (a) Trustor is the <br />debtor and its address is shown in Section 8.10 below; (b) Beneficiary is the secured party and <br />its address is shown in Section 8.10 below; (c) this document covers goods which are or are to <br />become Fixtures on the Land described on Exhibit "A" attached hereto; (d) Trustor (debtor) is <br />the record owner of the Land; and (e) this fixture filing covers proceeds and products of the <br />Fixtures. <br />Section 3.01. Representations and Warranties. Trustor warrants, other than <br />exceptions to title expressly listed on a schedule of exceptions to coverage in the final <br />commitment for title insurance or pro forma policy of title insurance accepted by Beneficiary <br />prior to the Closing: (a) Trustor holds fee simple title to all of the Land and the Improvements; <br />(b) this Deed of Trust creates a first and prior lien on the Property; and (c) except for Permitted <br />Liens, Trustor owns any Personalty free and clear of any security agreements, reservations of <br />FNBO /Nova -Tech <br />Deed of Trust <br />DOCS/1660316.5 <br />ARTICLE III <br />RIGHTS AND DUTIES OF THE PARTIES <br />5 <br />