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<br />84-
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<br />005068
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<br />D, The Liabilities. As used in this Deed, the term
<br />"Liabilities" means and includes all of the following: 1:1'11:1 pay..
<br />ment of the principal of and interest on the Note; the payment of
<br />all indebtedness of any kind arising under, and all amount$of
<br />any kind which at any t:lmE! become due or owing to the Beneficiary_
<br />under or wi 1:.'1 respect to, the Loan Agreement or. any of theL6ah
<br />Documents (defined for purposes hereof as defined in the Lo.an
<br />Agreement); the performance of all of the covenants, obligaticns
<br />and agreements (and the truth of all representation-s and-- war...
<br />ranties) of the Grantor pursuant to the Loan Agreement, the Note,
<br />this Deed, and all of the other Security Documents; repayment-of
<br />any advances, cos~s or expenses paid or incurred by the
<br />BenefJ.ciary to protect any or all of the Collateral (hereinafter
<br />defined); performance of any obligation of the Grantor hereunder
<br />01' collectlon of any amount owing to the Beneficiary which is
<br />secured hereby; the prompt pa}~ent or performance of any and all
<br />other liabilities, obligations and indebtedness, howsoever
<br />created, an, sing or evidenced, direct or indirect, absolute or
<br />contingent, recourse or "nonrecourse", now or hereafter existing
<br />or due or to become due, oWlng by the Grantor to the Beneficiary
<br />(hereinafter' sometimes referred to as "Future Advances") (pro-
<br />vlded, however, that the maximum amount included within the
<br />Liabilities o,__u ac(;cunt:. of prin,cl, "":1 ad~y.ance.s mad~ by th~
<br />Beneficlary to or for th~ account "f che Gr"r;,or shall not exceed
<br />the sum of an amount eqt';:.l to 'tv;, times the Loan Amount plus the
<br />t.otal amount of all advances made by the Beneficiary to protect
<br />the Collateral and the security interest and lien created
<br />hereby); lnteres: on all of the fo~egoing; and a:l costs of en-
<br />for:'.ement and collectlon of th1S Deed and the other Security
<br />Documen~s and Liabilitles.
<br />
<br />_. '[l;'L ;:cJ:;_a_'::.~r.<:l, ror purposes of this Deed, the term
<br />!!Ccl:ateral'l means and lncludes all of the following:
<br />
<br />(l ) ~_al.Es.t."te, ,",11 of the Land, ~oget;her with all
<br />and s~ngul=n- the L-enements, rights, easements, heredita-
<br />ments, ~'lg.hts of ;.;ay, pn,vlleges, llberties, ap~ndages and
<br />appur~enances ~lOW or hereafter belonging or in any way ap-
<br />ptn"talnlng 1:0 the Land (lncluding, without limitation, all
<br />ri ght:s r'e 1 at.lng t.o storm and sanl tary sewer I water ( gas 1
<br />electrIC. ra.:.:'way and t,elephone services); all gas, oil,
<br />mlnerals, cOdl and ot.her substances of any kind or character
<br />underlYlng the !"and; all estate, claim. demand, right, title
<br />or lnt.erest of the Grantor In and to any st:reet, road,
<br />hlghway or alley lvacated or otherwise) adJolning the Land
<br />or an}' part: thereof; all strlps and gores belonglng, ad-
<br />Jacent 01 pelctalnlng to the Land; and any after-acqulred
<br />tltle to any of the foregoing (all of the foregoing is here-
<br />111 referred to collec~lvely as the "Real Estate);
<br />
<br />(i 1 ) Il1!E.E.c>,::~men!.L and.Fixt1.g.~:>, All buUdings, struc-
<br />~u~c~( replacements. furn~s~~ngs# fixtuLeS, fittings and
<br />other ur.provements and property of every klnd and character
<br />now or hel'eafter located or erect@d on the Real Esta~e, to-
<br />gether wlth all bUllding or conStructlon materials, equlp-
<br />ment, appllances, machlnery, plant equipment, fittings,
<br />apparatus, fixtures and other artlcles of any klnd or nature
<br />whatsoever now or hereafter found on, afflxed to or attached
<br />to the Real Estate (including, wlthout 11mltatlon, all
<br />mo~ors, bOllers. englnes and devlces for the ope~atloIl of
<br />pumps, and all heatlng, electrlcal, llghtlng) power, plumb-
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