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<br />200802163 <br /> <br />all legal and beneficial interests in the Trust Estate, and shall remain the owner of the entire Trust <br />Estate and all legal and beneficial interests therein free and clear of any liens or encumbrances <br />(other than liens in favor of Lender). Trustor covenants not to grant or suffer to exist, and <br />Trustor covenants to pay and promptly discharge, at Trustor's sole cost and expense, all liens and <br />encumbrances upon the Trust Estate. Trustor covenants to notify Lender immediately in writing <br />of any such lien or encumbrance. Trustor may contest in good faith the validity of any <br />involuntary lien or encumbrance, provided that if Trustor loses such contest, Trustor will <br />thereafter diligently proceed to cause such lien or encumbrance to be removed and discharged, at <br />Trustor's sole cost and expense. If Trustor fails to remove or discharge any lien or encumbrance, <br />then, in addition to any other right or remedy of Lender, Lender may, after only such notice to <br />Trustor as may be reasonable under the then existing circumstances, but shall not be obligated to, <br />discharge the same, either by paying the amount claimed to be due, or by procuring the discharge <br />of such lien or encumbrance. Such costs and expenses, with interest thereon at the Default Rate <br />from the date incurred until paid, shall be payable by Trustor upon demand, are secured by the <br />lien of this Deed of Trust and are part of the Obligations. <br /> <br />2.9 Leases. If the Premises are subject to a Lease, Trustor shall cause the tenant <br />under each such Lease to comply with Trustor's obligations contained in this Article 2; provided, <br />however, this requirement shall not relieve or release Trustor from any of its obligations under <br />this Article 2 or elsewhere in any of the Loan Documents. <br /> <br />ARTICLE 3 <br />SECURITY AGREEMENT; FIXTURE FILING <br /> <br />3.1 Grant of Securitv Interest. As further security for the payment and performance <br />of the obligations, Trustor grants to Lender a lien on and security interest in and to all of the <br />Personal Property (collectively, the "UCC Collateraf'), and this Deed of Trust constitutes a <br />security agreement with Trustor, as the debtor, and Lender, as the secured party. Lender <br />confirms that, notwithstanding the inclusion of general intangibles as part of the DCC Collateral <br />and the creation, attachment and perfection of Lender's lien on and security interest in general <br />intangibles in accordance with the provision of Section 9-408(a) of the DCC, such creation, <br />attachment and perfection is subject to the limitations imposed by Section 9-408(d) of the UCe. <br /> <br />3.2 Fixture FilinlZ. This Deed of Trust shall be effective as a financing statement filed <br />as a fixture filing with respect to all fixtures included within the Trust Estate and is to be filed for <br />record in the real estate records of each county where any part of the Trust Estate (including said <br />fixtures) is situated. The mailing address of Trustor is the address of Trustor set forth in the <br />introductory paragraph in this Deed of Trust, and the address of Lender from which information <br />concerning the Liens may be obtained is the address of Lender as set forth in the introductory <br />paragraph of this Deed of Trust. <br /> <br />3.3 Covenants ConceminlZ the DCC Collateral. Trustor will (a) keep all of the <br />tangible DCC Collateral at the Premises; (b) use the DCC Collateral only in its trade or business; <br />(c) maintain all of the tangible DCC Collateral in good operating order and repair, normal wear <br />and tear excepted; (d) use and maintain the DCC Collateral only in compliance with <br />manufacturers recommendations and all requirements oflaw; (e) keep all of the DCC Collateral <br />free and clear of any and all liens, including purchase money liens, other than those in favor of <br /> <br />4842-8419-5330.1 <br /> <br />6 <br />