Laserfiche WebLink
200500259 <br />agreements, warranties, and undertakings of Debtor hereinafter described, Debtor hereby grants <br />to Trustee a security interest in all of the Mortgaged Property which constitutes personal property <br />or fixtures (herein sometimes collectively called the "Collateral "). In addition to its rights <br />hereunder or otherwise, Secured Party shall have all of the rights of a secured party under the <br />Uniform Commercial Code, or under the uniform commercial code in force in any other state to <br />the extent the same is applicable law. <br />Section 1.4 Notes, Loan Documents, Other Obligations. This Deed of Trust is made <br />to secure and enforce the payment and performance of the following promissory notes, <br />obligations, indebtedness and liabilities: <br />(a) Notes. The maximum principal amount of $15,000,000.00 of the <br />promissory notes executed by Debtor and all other notes given in substitution therefor or in <br />modification, renewal or extension thereof, in whole or in part, with a final maturity date of <br />July 30, 2011, as set forth in the Loan Agreement (such notes, as from time to time <br />supplemented, amended, extended or modified and all other notes given in substitution therefor, <br />or in modification, renewal or extension thereof, in whole or in part, being hereinafter called the <br />"Notes "); <br />(b) Loan Agreement All indebtedness and other obligations of Debtor owed <br />now or hereafter incurred or arising pursuant to or under the Loan Agreement or use of the <br />proceeds of the loan evidenced by the Notes; <br />(c) Loan Documents All indebtedness and other obligations, including <br />without limitation, the obligations, owed now or hereafter incurred or arising pursuant to or <br />permitted by the provisions of the Notes, the Loan Agreement, this Deed of Trust, the Loan <br />Documents (as defined in the Loan Agreement), or any other instrument now or hereafter <br />evidencing, governing, guaranteeing or securing the secured indebtedness, as hereinafter defined, <br />or any part thereof or otherwise executed in connection with the loan evidenced or governed by <br />the Notes, the Loan Agreement or other Loan Documents (the Notes, the Loan Agreement, the <br />Loan Documents, this Deed of Trust and such other documents, as they or any of them may have <br />been or may be from time to time supplemented, amended or modified, being herein sometimes <br />collectively called the "Loan Documents "); and <br />(d) Other Obligations. Subject to the provisions of Section 6.25 hereof, (i) all <br />other loans and future advances made by Secured Party to Debtor and all other debts, obligations <br />and liabilities of Debtor of every kind and character now or hereafter existing in favor of Secured <br />Party, whether direct or indirect, primary or secondary, joint or several, fixed or contingent, <br />secured or unsecured, and whether originally payable to Secured Party or to a third party and <br />subsequently acquired by Secured Party, if the written evidence of such loans, debts, obligations <br />and liabilities specifically so provide, it being contemplated that Debtor may hereafter become <br />indebted to Secured Party for such further debts, obligations and liabilities, and (ii) all future <br />advances necessary to protect the security are secured by this Deed of Trust; provided, however, <br />and notwithstanding the foregoing provisions of this paragraph (d), this Deed of Trust shall not <br />secure any such other loan, advance, debt, obligation or liability with respect to which Secured <br />Party is by applicable law prohibited from obtaining a lien on real estate. <br />DEED OF TRUST— Page 4 <br />