L
<br />89- .105089
<br />1.9 seemed Obligationst All present and future obli-
<br />"gations of' 'Grantor , SunNest and Pierson; or any of then, to
<br />.'
<br />Denefidiary evidenced. by. or contained- the. Loan- Documents.
<br />-n-
<br />whether stated isk the force of promiseso covenants, represents-
<br />-
<br />any.
<br />:ttin rr an>;iss. elates nr..�.nr ibihiflns_nr_i �
<br />- — -- - cn�tdi := off► n« -= = ° -_,_
<br />— - -- -
<br />"_ f6rap and including. any and all as ounts advanced by . "neticiary
<br />'
<br />the #sporty or otherwise fulfill obligati6i4 . of .
<br />...__. .� :,,cQteat
<br />-
<br />' tax or with respect thereto und�t - the Loan ibcuai�nts .provided`:
<br />:
<br />tMt# at no ties, shall the secured. principal future'' advances,
<br />' not- including such protective advances, exceed ;113,000 0000.00;
<br />and., provided further, that if Grantor, at any time, gives
<br />Soneficiary notice litriting tho amount of future advances secured
<br />t►y this Dead of Trust., Beneficiary shall not be obligated to make
<br />y further advances of the Loan under any of the .Notes,
<br />;
<br />_;,. etwithstandinq anything to the contrary;., La any Loan Document.
<br />_ X. this Deed of Trust is foreclosed, eftb4v through Trustee or__."
<br />.
<br />• :- thz -ou0 the courts, the Secured Obligations shall include
<br />. ant equal to any prepayment pre+sium anti• ;fadeploysent tee whit �
<br />i4 i,_4 be - ps'yable under the terms of the Notes as if the Notes
<br />rime prepaid ` :gar .full on the date of the foreclosure sale.
<br />ARTICLE Ii
<br />. -' GRANTIM CLAUSE
<br />• 2.1 Grant to Trustee. Tot-valuable consideration
<br />security for the Secured Obligations,, Grantor hereby irrevsoablj+
<br />r
<br />' grants, transfers,, bargains, sells, conveys and assi to
<br />Trustee, in trust with power of sale, for the benefit and
<br />- --
<br />security of Beneficiary, under and subject to the terms and
<br />. conditions of this Deed of Trust# the entire right, title,
<br />interest and estate. of Grantor in and to the Property# whether
<br />now owned or hereafter acquired TO HAVE AND TO HOLD the same,
<br />together with all and singular the rights, hereditaments, and
<br />appurtenances in any prise appertaining or belonging thereto, unto
<br />Trustee` and Trustee's successors and, substitutes, in trust and
<br />for the uses •ard purposes hereinafter set forth, forever. if
<br />Exhibit • at4ched to this Deed 61. Trust shall ind.ieak,a that
<br />Grantor.'s interest in, any portion cr :portions of the Property is
<br />in the-':,nature of oao''ar more leasehold estates (a "Leasehold
<br />.Estate ),, then the' granting language• set forth in this
<br />.;!Suction 2.1 shall extend to,�'and include the entire right; title
<br />-:, -aamd interest of Grantor in,' to and under , each lease creating a
<br />Leasehold Estate (hereinafter a "Primary Lease," or,
<br />collect~:ively, the "Primary Leases")* together with any other or
<br />greater 'interest in the Property hereafter acquired by Grantor,
<br />including, but not limited to, any fee estate.hereafter acquired
<br />by Grantor in the land or improvements demised under the
<br />provisions of any Primary Lease. Except. as Exhibit A shall
<br />=.
<br />indicate that Grantor's interest in any portion of the Property
<br />-4-
<br />L
<br />
|