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. , 200512483 Beneficiary or any such Lender, or in the defense of any claims or demands, the amount thereof, including costs, expenses and reasonable attorneys' fees, shall constitute Secured Indebtedness and shall be payable upon demand with interest payable at the Default Rate. 3.9 Uniform Commercial Code. (a) 111is Deed of Trust constitutes a Security Agreement as that term is used in the Uniform Commercial Code in the State (the "Code") with respect to any part of the Property which mayor might now or hereatler be or be deemed to be personal property, fixtures or property other than real estate (including all replacements thereof, additions thereto and substitutions therefor) (collectively, the "Personal Property Collateral"). All of Trustor's right, title and interest in the Personal Property Collateral is hereby assigned to Beneficiary to secure the payment of the Secured Indebtedness. (b) At any time after an Event of Default has occurred and shall be continuing, Beneficiary shall have the remedies of a secured party under the Code, including without limitation the right to take immediate and exclusive possession of the Personal Property Collateral or any part thereof. The remedies of Beneficiary hereundcr are cumulative and the exercise of anyone or more of the remedies provided for herein or under the Code shall not be construed as a waivcr of any of the othcr rcmedies of the Beneficiary, including having the Personal Property Collateral deemed part of the realty upon any forcclosure so long as any part of the Secured Indebtcdness remains unsatisfied. ( c) This Deed of Trust is intended to be a "fixture filing" for purposes of the Code with respect to the items of Property which are or may become fixtures relating to the Premises upon recording of this Deed of Trust in the real estate records of the proper office. The addresses of Trustor (Debtor) and Bcneficiary (Secured Party) arc set forth in Section 5.1 hereof. (d) The Trustor hercby directs that the Bencfi@iary shall cause to bc recorded in the County in which the Premises are located, as well as with the applicable otlices of the State, such financing statements and fixture filings as shall be necessary in order to perfect and preserve the priority of Beneficiary's lien upon the Personal Property Collateral. 3.10 Releases. Without notice and without regard to the consideration therefor, and to the existence at that time of any inferior liens, BenefIciary may release trom the lien created hereby all or any part of the Property, or release from liability any person obligated to repay any of the Obligations, without affecting the liability of any party to any of the Notes, this Deed of Trust, or any of the other Loan Documents (including without limitation any f:,'Uaranty given as additional security) and without in any way affecting the priority of the lien created hereby. BenefIciary may agree with any liable party to extend the time for payment of any part or all of the Obligations. Such agreement shall not in any way release or impair thc lien created by this Deed of Trust or reduce or modify the liability of any person or entity obligated personally to repay the Obligations, but shall extend the lien crcated by this Deed of Trust as against the title of all parties having any interest in the Property. - 8 -