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200109056
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Last modified
10/14/2011 9:29:28 AM
Creation date
10/20/2005 10:07:31 PM
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DEEDS
Inst Number
200109056
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200109056 <br />or other appropriate index, as a financing statement for any of the items specified above as part of the <br />Property. Any reproduction of this Deed of Trust or of any other security agreement or financing statement <br />shall be sufficient as a financing statement. In addition, Grantor agrees to execute and deliver to Grantee, <br />upon Grantee's request, any financing statements, as well as extensions, renewals and amendments thereof, <br />and reproductions of this Deed of Trust in such form as Grantee may require to perfect a security interest <br />with respect to said items. Grantor shall pay all costs of filing such financing statements and any <br />extensions, renewals, amendments and releases thereof, and shall pay all reasonable costs and expenses of <br />any record searches for financing statements Grantee may reasonably require. Without the prior written <br />consent of Grantee, Grantor shall not create or suffer to be created pursuant to the Uniform Commercial <br />Code any other security interest in said items, including replacements and additions thereto. Upon the <br />occurrence of an Event of Default, Grantee shall have the remedies of a secured party under the Uniform <br />Commercial Code and, at Grantee's option, may also invoke the remedies as otherwise provided in this <br />Deed of Trust. In exercising any of said remedies, Grantee may proceed against the items of real property <br />and any items of personal property specified above as part of the Property separately or together and in any <br />order whatsoever, without in any way affecting the availability of Grantee's remedies under the Uniform <br />Commercial Code or of the remedies otherwise provided in this Deed of Trust. <br />6.08 Successors, Endorsees and Transferees. This Deed of Trust and all provisions hereof <br />shall extend to and be binding upon Grantor, its successors and assigns and all parties claiming by, through <br />or under Grantor. The term "Grantee," shall be deemed to mean and include the endorsee(s), transferee(s) <br />of the holders at any time of any of the Obligations, and the successor or successors and assigns of said <br />Grantee; and the covenants and agreements shall bind and inure to the benefit of the successors and assigns <br />of Grantor and the endorsee(s), transferee(s), assignee(s) and successors of Grantee. <br />6.09 Severability. In the event any part, portion or provisions of this Deed of Trust shall <br />for any reason be illegal, invalid or unenforceable, then such part, portion or provision thereof shall be held <br />to apply only to the extent it is legal, valid and enforceable and such remaining portion thereof shall remain <br />in full force and effect, the same as if such part, portion or provision thereof declared illegal, invalid or <br />unenforceable had not been a part thereof. <br />6.10 Request for Notice; Notice. The parties hereto hereby request that a copy of any <br />notice of default and a copy of any notice of sale be mailed to each party to this Deed of Trust at the <br />addresses specified in the first paragraph of this Deed of Trust. Except for any notice required by law to <br />be given in any other manner, all notices, demand or documents which are required or permitted to be <br />given or served hereunder shall be in writing and shall be deemed given when hand delivered or sent by <br />certified mail return receipt requested or national overnight carrier addressed to the Grantor, Trustee or <br />Grantee, at the addresses specified in the first paragraph of this Deed of Trust. The date of mailing shall <br />be the date of giving of such notice regardless of whether the notice is actually received. Such addresses <br />may be changed from time to time by any party by serving notice as herein provided. <br />6.11 Possession of Property . Until an Event of Default shall occur, Grantor shall be <br />entitled to remain in possession of the Property, and if Grantor shall well and truly pay or cause to be paid <br />the Obligations with interest thereon, and the other obligations hereby secured as and when the same shall <br />become due and payable under the terms thereof, then Grantee shall request Trustee to reconvey the <br />Premises and shall surrender this Deed of Trust and all evidences of indebtedness secured by this Deed of <br />14 <br />
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