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<br />200704125 <br /> <br />of, any of the Collateral (including, without limitation, promissory notes, drafts, bills of <br />exchange and trade acceptances) and chattel paper obtained by Grantor in connection with the <br />Trust Property (including, without limitation, all ledger sheets, computer records and printouts, <br />databases, programs, books of account and files of Grantor relating thereto) and (ii) notes or <br />other obligations of indebtedness owing to Grantor from whatever source arising, in each case <br />now owned or hereafter acquired by Grantor (collectively, "Instruments"); <br /> <br />N. all "inventory" as defined in the Uniform Commercial Code, whether now or <br />hereafter existing or acquired, and which arises out of or is used in connection with, directly or <br />indirectly, the ownership and operation of the Trust Property, all Documents representing the <br />same and all Proceeds and products of the same (including, without limitation, all goods, <br />merchandise, raw materials, work in process and other personal property, wherever located, now <br />or hereafter owned or held by Grantor for manufacture, processing, the providing of services or <br />sale, use or consumption in the operation of the Trust Property (including, without limitation, <br />fuel, supplies and similar items and all substances commingled therewith or added thereto) and <br />rights and claims of Grantor against anyone who may store or acquire the same for the account <br />of Grantor, or from whom Grantor may purchase the same) (collectively, "Inventory"); and <br /> <br />O. all licenses, permits, variances and certificates used in connection with the <br />ownership, operation, use or occupancy of the Trust Property (including, without limitation, <br />business licenses, state health department licenses, food service licenses, liquor licenses, licenses <br />to conduct business and all such other permits, licenses and rights, obtained from any <br />Governmental Authority or private Person concerning ownership, operation, use or occupancy of <br />the Trust Property) (collectively, "Permits"). <br /> <br />TO HAVE AND TO HOLD the above granted and described Trust Property unto and to <br />the use and benefit of Trustee, IN TRUST WITH POWER OF SALE, and Grantor does hereby <br />bind itself, and its successors and assigns, to WARRANT AND DEFEND title to the Trust <br />Property forever; <br /> <br />PROVIDED, HOWEVER, these presents are upon the express condition that, if Grantor <br />shall pay to Beneficiary the Obligations at the time and in the manner provided in the Loan <br />Agreement and this Deed of Trust and shall abide by and comply with each and every covenant <br />and condition set forth herein and in the other Loan Documents in a timely manner, these <br />presents and the estate hereby granted shall cease, terminate and be void; <br /> <br />AND Grantor represents and warrants to and covenants and agrees with Beneficiary as <br />follows: <br /> <br />1. Pavment of Obligations and Incorporation of Covenants. Conditions and Agreements. <br />Grantor will pay the Obligations at the time and in the manner provided in the Loan Documents <br />and in this Deed of Trust. All the covenants, conditions and agreements of Beneficiary <br />contained in the Loan Documents are hereby made a part of this Deed of Trust to the same extent <br />and with the same force as if fully set forth herein including, without limitation, the provisions <br />contained in the Loan Agreement regarding insurance, casualty, condemnation, leasing and <br />maintenance of the Trust Property. <br /> <br />5 <br />