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202107049
<br />Beneficiary, to the extent of Borrower's estate, right, title and interest, a security interest in, any and all of
<br />the following -described property and any proceeds, products, accessories, rents, profits, replacements,
<br />and substitutions thereof or thereto, which is (except where the context otherwise requires) herein
<br />collectively called the "Property," including:
<br />(a) Borrower's interest in and to the parcel or tract(s) of real estate described in
<br />Exhibit A hereto together with all of the easements, rights, privileges, franchises and
<br />appurtenances belonging or in any way pertaining thereto whatsoever, either at law or in equity
<br />(the real estate so described in said Exhibit A hereto being hereinafter referred to as the
<br />"Premises");
<br />(b) All structures, buildings, fixtures and improvements of every kind and
<br />description now or at any time hereafter located on or used in connection with the Premises,
<br />including the Project, and any replacements thereof or additions thereto (the "Improvements");
<br />(c) All of the items of machinery, equipment, furnishings and other personal
<br />property acquired, purchased, installed or refinanced with the proceeds of the Bond, but only to
<br />the extent that any such items of machinery, equipment, furnishings and other personal property
<br />are permanently attached to the Property (the "Equipment");
<br />(d) All right, title and interest of Borrower in and to all streets, roads and public
<br />places, opened or proposed, and all easements and rights-of-way, public or private, tenements,
<br />hereditaments, rights and appurtenances, now or hereafter used in connection with, or belonging
<br />or appertaining to, the Premises; and
<br />(e) All proceeds (including claims and demands therefor) of the conversion,
<br />voluntary or involuntary, of any of the foregoing into cash or liquidated claims, including,
<br />without limitation, proceeds of insurance and condemnation awards.
<br />THIS DEED OF TRUST SHALL SECURE THE FOLLOWING INDEBTEDNESS AND
<br />OBLIGATIONS:
<br />(i) Payment of all indebtedness evidenced by the Bond, which Bond has a maturity
<br />date of January 1, 2040, and executed in the amount of $7,177,979.80;
<br />(ii) Payment of all other indebtedness and performance of all obligations and
<br />covenants of Borrower under the Agreement, this Deed of Trust and any other documents
<br />evidencing and securing the Bond; and
<br />(iii) Payment of all of the principal of and interest on any sums advanced by
<br />Beneficiary (including, but not limited to, advances to protect the Property), with interest thereon
<br />at the interest rate provided by the Bond from the date of advance by Beneficiary to the date of
<br />payment by Borrower.
<br />FOR ALL PURPOSES HEREOF, words and phrases defined in the Agreement shall have the
<br />same meaning in this Deed of Trust, such definitions being hereby incorporated herein and made a part
<br />hereof.
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