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<br />.;,;, �. all arter-acquirad pro�erty with reepect �herota. ThiB Trus� ��
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<br /> ; Da�d ehall be C011BtYlled ae a saaurity ac��eemont ur►dar the UCC,
<br /> anc3 8enefieiary shall have all rights �nd rem�dias oP a seaured
<br /> , party under the t1CC in addition ta� �he righ�s and xemediee ,
<br /> accorded to BenaPioiary pursuant to this Txu�t Deod. t
<br /> � l' �-
<br /> � FOR THE PURPOSE OF SECURING: ��;�
<br /> � `:�`:..:
<br /> (a) Tha payment of the indebtedness ov�denaed by �he ,,��;;,
<br /> � Construction Loan Promissory PYote oP T�uator datQd even date
<br /> ' herewith in the Principal Amount, which maturea on the ninth -
<br /> " . annivereary of the date hereof (the "'Note"'), toqethar with -
<br /> - intexe�� a�� the interest Rate pzovidad for th�rein a�d pu�auan� �== -
<br /> � to the terma and conditiona aet forth therein, which by this a��'--
<br /> � � referenae are inedrporated herein, and any and ai� modiPiaations,
<br /> eYtensions and �enewa].s thereni; r"
<br /> �. -
<br /> , (b) The paymont of the principal amount of and -
<br /> interest on any future advances of Ben�ficiary to Trustor (the -
<br /> "'Future Advances"') pursuant to �he torms and conditions oP the
<br /> <� Loan Instrument(s) (defined below), if any, Bvidencing or ��==
<br /> � securiag suaY� Fu�ure Advanaes;
<br /> _ (c) The Derformancp �f aa�h a�roo�o.it �n� ��;.�ngn� a� _ _
<br /> Trustor herein contained or contia3nad in any other. Loan
<br /> - Instrument, other than the Hazardous Substancea Indemnity -L -
<br /> ��«., Agreement dated even date herQwith by Trustor in favor of Lender; �,:;__
<br /> and
<br /> '-
<br /> � (d) All other indebtedness and oblfgations of Trustar
<br /> � to Beneficiary, whe�hex di�ect, indirect, absolute ar contingent, � �
<br /> . existing now or arising in the future, by note, guarantee, or `�'
<br /> otherwiee (items (a) thxough (d) above herminafte�r jointly �
<br /> referred to as the "'Obligations") . °��
<br /> . _ 1. DEFINYTIONS. Any capitalized term not otherwise ��
<br /> def ined here-�a11 have the meaning, if any, ascribed to it in „'��'
<br /> ' the Loan Agreement. The Loan Agreement, the Note, this Txust �'
<br /> Deed, the Guaranty, the Assignment of Leases, the Letter of �-
<br /> Comaaitment, the Inclemnity, and any promissory notes or other
<br /> documents whi.ch may be entered ia�to by Trustor in connection with �
<br /> the Loan Agroement or aftar the ciate hereof evidencing any Future
<br /> . Advances of Beneffcfar,y to or for the benefit of Trustor shall be
<br /> , aceferred to herein jointly as the "Loan Instruments." '
<br /> � 2. 1tEPRESENTATIONS WARRAYdTIES AND COVENANTS OF TRUSTOR. I
<br /> To protect the secur ty o� thia Trust Deed, Trustor hereby makes
<br /> the following reprgsentations and warranties to Beneficiary and
<br /> � covanants and agrees as follows:
<br /> � �
<br /> � (a) Payment or Performance of Obli ations. Trustor I
<br />� sha3.1 timely pay all Obligat ons and otherwise fully perform
<br /> under and comply with the �erms ancl conditions of the Loan
<br /> Instruments.
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