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,--- <br /> <br />TOGETHER WITH, alt right, title and interest of Trustor. now owned or hereafter acquired, in and io any. <br />land lying within the right•of-way of any street, open or proposed, adjoining the Properfy, aad any and all <br />sidewalks, alleys and strips and gores of land adjacent [o or used in connection with the Property. <br />TOGETHER WITH, any and all buildings and improvements now or hereafter erected thereon, including, <br />but not limited eo, the fixtures, attachments, appliances, equipment, machinery, and other articles attached to <br />said buildings and improvements (the "improvements"): <br />TOGETHER WITH, all right, title and interest of Trustor in and to all tangible personal property (the "Per- <br />sonal Property")owned by Trustor and now or at any time hereafter located on or at the Property or used in con- <br />nection therewith, including, but not limited to: all goods, machinery, tools, insurance proceeds, equipment (in- <br />cluding Ere sprinklers and alarm systems, office air conditioning, heating, refrigerating, electronic monitoring,. <br />entertainment; rcereational, window or structural cleaning rigs, maintenance, exclusion of vermin or insects, <br />removal of dust, refuse or garbage and all other equipment of every kind), lobby and all other indoor and outdoor <br />furniture (including tables, chairs, planters, desks, sofas, shelves, lockers and cabinets), wall beds, wall safes, fur- <br />nishings, appliances (including ice bones, refrigerators, fans, heattrs, stores, water heater and incinerators), in- <br />ventory, sags, carpets and other Floor coverings, draperies and drapery rods and brackets, awnings, window <br />'shades, venetian blinds, curtains, lamps, chandeliers and other (fighting fixtures and office maintenance and other -- <br />supplies; and <br />TOGETHER WITH, all the estate, interest, right, title, other claim or demand, including claims or demands <br />with respect to the proceeds of insurance in effect with respect thereto, which Trustor now has or may hereafter <br />acquire in the Property, and any and all awards madr for the taking by eminent domain, or by any proceeding or <br />purchase in lieu thereof, of the whole or any part of the Trust Estate, including wi[hout limitation any awards <br />resulting from a change of grade of streets and awards for severance damages. <br />The entire estate, property and interest hereby conveyed to Trustee may hereafter be referred to as the "Trust <br />Estate". <br />FOR THE PURPOSE OF SECUR[NG: <br />a. Payment ui indebtedness in [he to[al principal amount of S 1,u50,000.00 ,with interest <br />thereon, evidenced by that cettain promissory note of even date herewith (the "Note") with a maturity date <br />of April 1, 1994 ,executed by i raster, which has been delivered to and is payable to <br />the order of Beneficiary, and which by [his reference is hereby male a part hereof, and any and all modifications, <br />extensions and renewals thereof. <br />tween Trustor and Beneficiary relating to cons?ruction of i aperty or otherwise related to <br />the use of the loan r e ote, and each agreement of Trustor incorporated by reference <br />Agreement") by and among Trustor er, re ancg to the loan evidenced by the Note, <br />d. Payment of ail sum; advanced by Beneficiary to protect the Trust Estate, with :nterest thereon at the rate <br />of foe-steer and one-hall percent {14.51) Aer annum. <br />e. Ferfo;mance of all obligations uf' any guarantor of any of the ubligatiuus „f Trustor :,ontained in this <br />Deed of Trust, the Note, the Loan Agreement, ur any other instrument given to evidence or further secure the <br />payment and performance of any obligation secured hereby. <br />f. Payment of all other sums, with interest thereon, which may hereafter be loaned to Trustor, or its suc• <br />cessors or assigns, by Beneficiary, when evidenced by a promissory note ur notes rreciting that they arc secured by <br />this Deed of Trust. <br />g. Performance of Trustor's obligations and agreements contained in "frusUtr's loan appltcauun and <br />Beneficiary's loan commitment, and any such application and commitment between Trustor and any assignee of <br />Beneficiary, which loan is secured hereby, and any modification ur amendment thereof. <br />This Deed of Trust, the Note, ,any guaranty thereof and <br />any other instrument given to evidence ur further secure the payment and performance of any ohligatnm secure) <br />hereby may hereafter be referred m as the "Loan Irstruments " <br />TO PROTECT THE SECURFTY OF THIS REED OF TRUST, TRUSTOR HEREBY COVENAN 15 AND <br />AGREES AS FOLLOWS: <br />ARTICLE 1 <br />CO~ENAN75 AND AGREEML-NTS OF T'RUSTOR <br />Trustor hereby covenants and agtees~ <br />].0t Payment of Secured Obligations. To pay whin due the principal of, and [he interest on, the in- <br />debtedntss evidenced by the Note, charges, fees and alt other sums ax provided :n the Luart Instruments, and the <br />principal of, and interest un, any future advances secured by [his peed of Trust. <br />Ll)2 Mamtenanee, Rrpair, .Alterauvns. Tn keep the Trust Estate in good amdit:un and repau, nut [u <br />remove, demolish [zr substamially alter (except such alterations as may be required by laws, ordinances ur <br />re=ateliers) any of the improvements; to complete prtrmptly and in goad and workmanlike manner any building <br />or other improvement which may be constructed on the Property and promptly restore [n like manner any im- <br />