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(whether voluntarily or involuntarily, directly or indirectly, by sale of 2cTc oor6a O g teereest9 st in the Trustor, or by operation of law or otherwise). 1.06 After Acquired Property Interests. All right, title and interest of the Trustor in and to all improvements, betterments, renewals, substitutes and replacements of, and all additions and appurtenances to, the Trust Property, hereafter acquired by, or released to, the Trustor or constructed, assembled or placed by the Trustor on the Pioneer Trail Land, and all conversions of the security constituted thereby (collectively, "After Acquired YLoperty Interests "), immediately upon such acquisition, release, construction, assembling, placement or conversion, as the case may be, and in each such case, without any further deed of trust, mortgage, conveyance, assignment or other act by the Trustor, shall become subject to the Liens of this Deed of Trust (as provided in the granting clauses hereof) as fully and completely, and with the same effect, as though owned by the Trustor on the date hereof and specifically described in the granting clauses hereof. The Trustor shall execute and deliver to the Beneficiary all such other assurances, mortgages, conveyances or assignments thereof as the Beneficiary may reasonably require for the purpose of expressly and specifically subjecting such After Acquired Property Interests to the Liens of this Deed of Trust (as provided in the granting clauses hereof). The Trustor hereby irrevocably authorizes and appoints the Beneficiary as the agent and attorney -in -fact of the Trustor to, following the occurrence and during the continuance of an Event of Default, execute all such documents and instruments on behalf of the Trustor, which appointment shall be irrevocable and coupled with an interest. ARTICLE II SECURITY AGREEMENT 2.01 Grant of Security; -IncoEporation by Reference. In addition to constituting a deed of trust lien and mortgage on those portions of the Trust Property classified as real property (including fixtures to the extent they are real property), this Deed of Trust shall constitute a security agreement within the meaning of the UCC or within the meaning of the common law with respect to those parts of the Trust Property classified as personal property (including fixtures to the extent they are personal property). The Trustor hereby grants to the Beneficiary a security interest in and to the following property whether now owned or hereafter acquired (col- lectively, the "Secured Property") for the benefit of the Beneficiary to further secure the payment and performance of the Obligations: (a) Those parts of the Trust Property classified as personal property (including (i) fixtures to the extent they are personal property and (ii) personal property and fixtures that are leased by the Trustor, but only to the extent the Trustor can grant to the Beneficiary a security interest therein without breaching the terms of such lease); (b) All general intangibles, contract rights, accounts and proceeds arising from all insurance policies required to be maintained by the Trustor and related to the Trust Property hereunder; (c) All proceeds of any judgment, award or settlement in any Condemnation in connection with the Trust Property, together with all general intangibles, contract rights and accounts arising therefrom;