Laserfiche WebLink
20. �SECURITY INTEREST UNDER THE UNIFORM COMMERCIAL CODE. This Deed of Trust shall be considered and be effeclive as a financing <br /> siatement and a fixture flling pursuant to the provisions of the Uniform Comrneraal Code (as adopted in the state where the real property is located) <br /> covering flxtures,chattels,and articles of personal property now owned or hereafter attached to or to be used in connection with the Property together with <br /> any and all replacements thereof and additions thereto(the"Chattels"),and Grantor hereby grants Lender a security interest in such Chattels. The debtor is <br /> the Grantor described above. This Deed of Trust will be effective as a financing statement filed as a fixture filing with respect to all fixtures included within <br /> said premises and is to be filed for record in the real estate records of each county where any part of said premises(including said fixtures)is sftuated. This <br /> Deed of Trust shall also be effective as a financing statement covering any other prerruses and may be filed in any other appropriate filing or recording <br /> office. A carbon,photographic or other reproduction of this Deed of Trust or of any financing statement relating to this Deed of Trust shall be sufficient as a <br /> financing statement for any of the purposes referred to in this Paragraph. The secured party is the Lender described above. Upon demand,Grantor shall � <br /> make, execute and deliver such security agreements (as such term is defined in said Uniform Commercial Code) as Lender at any time may deem <br /> necessary or proper or required to grant to Lender a perfected security interest in the Chattels,and upon Grantor's failure to do so,Lender is authorized to " <br />