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<br /> postaq� pr�paid, to th� addr�as��.
<br /> �.g �,uac�e�o� ana �►ss_iQr�, subj�at to s�ction 3.0
<br /> h�r�ot, thi• D��d o! Trust app114s to, inur�s to th� brn�lit
<br /> o! �nci bincls all parti�s h�r�to, th�ir hoira, 1�a1��s,
<br /> d�vi���s, ad�inistrato�s, uc�aulor�, suaa�ssors and a��lqns.
<br /> Tho t�rs "B�n�liciary� �haii ��a�n th� own�r and hcld�r o! ths
<br /> Na��s, vn�thsr or not r►aa�d as 8an�lioiary h�r�in.
<br /> 7.7 �aauritv Int�rast in Personai Pron�rtv. pur�uant
<br /> to that a�rtain Horrowar Bubaidiary S�aurity )►qr�ont dat�
<br /> as o! �apt�mbar 15, 1993, Trustor hss gran��d to B�n�tiaiary
<br /> a seaurity intorost ia subatantially all o!, �� �a, its
<br /> psrsonal property now or hwrsalt�r a!lix�d to or looat�d on or
<br /> , at th� Property.
<br /> --�� �`.� 7.8 g���s ,�q. This D�ad ot Trust aonstitu��s
<br /> �� ��y-�'.���:�::: ..� a l�nar►ainq stat�nt liiad s4 a �ixtur� lilinq in tho
<br /> i�;�:��,�;a ;� O!licial Recorda o! the County Reaordor o� tha county in wbiah
<br /> ������x,:"�����=�. th� Propar�y is locetad with ro�pQat to any and all lixtur�s
<br /> ' ��t��." � � inaludad witt►ia tha tera "Proporty" a� uaad dQr�in and with
<br /> 'f`�;�� �x sespeat to any p0rsonal proparty tdat may now bo or h�reafter
<br /> �'��r��=`'��'� '' ~F�ICttll'A M and aol l�ativ4ly tha
<br /> �. 1�....
<br /> �•� ....-� ., •:a.� MFixtures") . It ia understoal end ngreed that, to protect
<br /> ��Y�a '��'"�+"�L'� Heneliaiary aqa3nst the effc�at o! Calitornia Commeraial Caie
<br /> � �'� ����' Seation 9313, aa �aended from time to time (or to tho axtont
<br /> . r:>,..,,4. � .
<br /> ;;::;°.��: '�''� �X�'�'r that tho law o! another Stata applies to thi4 D�ad o! Tru�t,
<br /> � .� ,,., ;, � ;rc�� r�.�.. p��uant to any appliaable comparAble provisions o! th� law o!
<br /> - suah S�ataj , in cho even� yha� ��sj a�y FfSt�i�re at�nod by
<br /> .�� �� . Trustor on the Property, or any part thereol, is replaasd cr ;
<br /> ;�� • �;;.':;;:;,.,; � added to, or any new Fixture owned by Truetor ie inetal].ed or
<br /> �`��� �'`� �� ' � substitutad by Truator, and in eaah case such Fixture
<br /> �':;i';Ji`�:�' ,:(;: `�
<br /> �`°�'�� �`!'��,:f��t�-;'�:�:�i;,:'��•���' (together with all Fixtures being replaaed, added to,
<br /> � � ''��''""�''�'"�"'`� '� installed or substituted at or about the s�ae time) has a aoet
<br /> . ,;.:a.;::-,::. •:.
<br /> �� � • or tair market value in exces� o! $20,00o and auch
<br /> ��, � replacement, addition, installation or substitutfon is not in
<br /> the ordinary aourse of buainess aonsistent with pa�t praatiae,
<br /> �j�f, � and (b) such Fixture is or may bB SUbjOCt to a aQaurity ,•
<br /> K. interest held by a seller or any other party: •
<br /> �
<br /> ��a, ` (a) Trustor or any owner o! all or any part o! �� ;�,
<br /> ' the Propexty ehall, before the replacement, addition, �. :
<br /> •1'�� installation, or substitution of any such Fixture give �
<br /> , . . • Beneficinry written notice that a seaurity agreement with i
<br /> '� � reapect to such Fixture is propeeed to be consummated and •;..,.
<br /> ;:� .'.:•�'� � obtain the prior written appravai of 8eneficiary thereta, ��.,"•
<br /> ' `���� ��' � whiah notiae shall vontain the followfng information:
<br /> /���v,\ tiY� ����'� �
<br /> ' �.�, :�'�;, . � (i) a description of the Ff xture to be
<br /> � r , �� �:.:.�;;,� � replaoed, added to, 3nstalled or substitutedt k�.;
<br /> h �I`.. . ., -
<br /> ,�� : (ii) a recital of the address at which the ! ��
<br /> y�'; = 19 •
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