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200905829 <br />2.13 Fixture Filing. From the date of its recording, this Deed of Trust shall be <br />effective as a financing statement filed as a fixture filing under the Uniform Commercial <br />Code with respect to the Improvements and for this purpose the name and address of the <br />debtor is the name and address of the Trustor as set forth in this Deed of Trust and the name <br />and address as secured party is the name and address of the Beneficiary as set forth in this <br />Deed of Trust. The Property includes goods owned by Trustor which are or may become so <br />affixed to real property as to become fixtures and products and proceeds of the Property. If <br />any of the Property is of a nature such that a security interest therein can be perfected under <br />the Uniform Commercial Code, this Deed of Trust shall also constitute the grant of a security <br />interest to the Beneficiary and serve as a Security Agreement, and Trustor hereby authorizes <br />Beneficiary to file one or mare financing or continuation statements, and amendments thereto, <br />relative to all or any part of the Property without the signature of Trustor at any time after the <br />execution of this Deed of Trust, and hereby ratifies any thereof filed prior to the execution of <br />this Deed of Trust. <br />ARTICLE III. RIGHTS AND DUTIES OF THE BENEFICIARY <br />In addition to all other rights (including setoff) and duties of the Beneficiary under the <br />Loan Documents which are expressly incorporated herein as a part of this Deed of Trust, the <br />following provisions will also apply: <br />3.1 Beneficiary Authorized to Perform for Trustor, If the Trustor fails to perform <br />any of the Trustor's duties or covenants set forth in this Deed of Trust prior to the expiration <br />of any applicable notice and cure periods, the Beneficiary may perform the duties or cause <br />them to be performed, including, without limitation, signing the Trustor's name or paying any <br />aamount so required, and the cost, with interest at the default rate set forth in the Loan <br />Documents, will immediately be due from the Trustor to the Beneficiary from the date of <br />expenditure by the Beneficiary to date of payment by the Trustor, and will be one of the <br />Obligations secured by this Deed of Trust. All acts by the Beneficiary are hereby ratified and <br />approved, and the Beneficiary will not be liable for any acts of commission or omission, nor <br />for any errors of judgment or mistakes of fact or law. <br />ARTICLE N. DEFAULTS AND REMEDIES <br />The Beneficiary may enforce its rights and remedies under this Deed of Trust upon the <br />occurrence of an Event of Default under and as defined in the Loan Agreement. Upon the <br />occurrence of such an Event of Default, the Beneficiary may declare the Obligations to be <br />immediately due and payable. <br />4.1. Remedies. In addition to the remedies for an Event of Default set forth below and <br />in the other Loan Documents, including acceleration, the Beneficiary, upon the occurrence of <br />any Event of Default, will have all other rights and remedies available by law or equity. Upon <br />the occurrence of an Event of Default, Beneficiary may exercise the following remedies: <br />(a) Enforcement of Assignment of Rents and Leases. Beneficiary may: <br />#1407888 vG den Page 6 <br />