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<br />84 - 005508 <br /> <br />EXHIBIT B <br /> <br />r <br /> <br />(A) All structures, buildings and improvements of every kind and <br />description now or at any time hereafter located on the Premises (hereinafter <br />referred to as the "Improvements"), including all equipment, apparatus, <br />machinery, fixtures, fittings, and appliances and any additions to, substitu- <br />tions for, chwlges in Or replacements of the whole or any part ther--eof t <br />including such of the foregoing as may be used in connection with thegen'-' <br />erating or distributing of air, water, heat, electricity, light, fuel or re- <br />frigeration or for ventilating or sanitary purposes or for the exclusion of <br />vermin or insects, or for the remov~l of dust, refuse or garbage, now or at <br />any time hereafter affixed to, attached to, placed upon or used in anyway in. <br />connection with the use, enjoyment, occupancy or operation of the Premises <br />or any portion thereof; <br /> <br />(B) All articles of personal property and any additions to, substitutions <br />for, changes in or replacements of the whole or any part thereof (hereinafter <br />referred to as the "Personal Property"), including without limitation .aU . built- <br />in furniture and installations, shelving, partitions, door-stops, vaults, ele- <br />vators, dumbwaiters, awnings, window shades, Venetian blinds, light fiX- <br />tures, fire hoses and brackets and boxes for the same, fire sprinklers, alarm <br />systems, drapery rods and brackets, screens, linoleum, carpets, plum bing, <br />laundry tubs and trays, iceboxes, ,...frigeratorR, heating units, stoves, <br />ovens, water heaters, incinerators, L..J.'mture aile:. furnishings, communication <br />systems, all specifically designed im.tallations and furnishings and all of said <br />articles of property, the specific enumerations herein not excl~ding the <br />general, now or at any time hereafter affixed to, attached to, placed upon or <br />used in any way in connection with the use, enjoyment, occupancy or opera- <br />tion of the Premises or the Improvements or any portion thereof and owned <br />by Trustor or in which Trustor now has or hereafter acquires an interest, <br />and all building materials aild equipment now or hereafter delivered to the <br />Premises and intended to be installed or placed in or about the Improvements; <br /> <br />(C) All right, title and interest of Trustor in and to SIn streets, roads <br />and public places, opened or proposed, and all easements and rights of way, <br />vaults, public or private, revocable licenses tenements, hereditaments, rights <br />and appurtenances, now or hereafter used in connection with, belonging or <br />appertaining to, the Premises; <br /> <br />(D) All of the rents, royalties, issues, profits, revenue, income, pro- <br />ceeds and other benefits of the Property (the "Rents and Profits"), including <br />the Trustor's interest in the real estate described in Exhibit "A" attached <br />hereto and incorporated by this reference. or arising from the use or enjoy- <br />ment of all or any portion thereof or from any lease or agreement pertaining <br />thereto, and all right, title and interest of Trustor in and to all lesses of the <br />Property, including the real estate described in Exhibit "A" now or hereafter <br />entered into and all right, title and interest of Trustor thereunder, includ- <br />ing. without limitation, cash or securities deposited thereunder to secure <br />performance by the lessees of their obligations thereunder, whether said cash <br />or securities are to be held until the expiration of the terms of said leases or <br />applied to one or more of the installments of rent coming due immediately <br />prior to the expiration of said terms; subject to, however, the provisions <br />contained in Sections 1. 08 and 1. 09 hereof; <br /> <br />(E) All proceeds (including claims and demands therefor) of the conver- <br />sion, voluntary or involuntary, of any of the foregoing into cash or liquida- <br />ted claims, including, without limitation, proceeds of insurance and condemna- <br />tion awards on the Premises (hereinafter sometimes called "Insurance Pro- <br />ceeds" and "Condemnation Proceeds"); <br /> <br />(F) Any and all funds of Trustor on deposit with Beneficiary or any <br />branch of Beneficiary; <br /> <br />L <br /> <br />(0) All rights. title and interest of Trustor to the instruments of the <br />following description: nIl Class "A" voting' rights and interest of The Yancey <br />Condominium Association, Inc., (hereinafter referred to as "Voting Rights"); <br /> <br />(II) All rights, title and interest of Trustor to (1) all the Purchase <br />Agreements executed or to be executed by and between purchasers of Class A <br />