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<br />Lenders shall have the meaning specified in the Initial Credit Agreement.
<br />Lien shall mean any statutory or common law consensual or non-consensual conveyance,
<br />pledge, grant, security, title or interest, lien, encumbrance or charge of any kind against property,
<br />including, without limitation, any conditional sale or other title retention transaction, and any
<br />lease transaction in the nature of a security interest.
<br />Obligations shall mean all indebtedness and other obligations of the Grantor to the
<br />Beneficiary of every type and description, whether now existing or hereafter arising, fixed or
<br />contingent, as primary obligor or as guarantor or surety, acquired directly or by assignment or
<br />otherwise, liquidated or unliquidated, regardless of how they arise or by what agreement or
<br />instrument they may be evidenced, and all covenants, agreements and provisions contained in
<br />this Deed of Trust and in any of the Credit Agreements.
<br />Permitted Encumbrances shall mean those encumbrances permitted under the policy of
<br />Beneficiary's title insurance issued to Beneficiary in connection with this Deed of Trust.
<br />Potential Event of Default shall mean the occurrence of any went which with the giving
<br />of notice and/or the passage of time and/ar tlae occurrence of any other condition would ripen
<br />info an Event of Default.
<br />'T'rust Estate shall have the meaning specified in Section 2.01.
<br />ARTJCLE Tl.
<br />GRANTXNG CLAUSES
<br />Section 2.p1. Granting Classes. !n order to secure (a) the repayment of the
<br />Obligations,. whether such Obligations are made pursuant to a commitment, made at the option of
<br />the Beneficiary, made after a reduction to zero or other balance, or made otherwise, and (b) the
<br />performance of all of the covenants 'and agreements of the Grantor contained in the Credit
<br />Agreements, this Ueed of Trust, or any other document evidencing or securing the (7bligations,
<br />the Grantor, in consideration of the premises, does hereby grant, bargain, sell, alienate, convey,
<br />assign, transfer, mortgage, hypothecate, pledge, set over and confirm unto the Trustee, in trust,
<br />with power of sale, far the benefit of the Beneficiary, and its respective assigns, and grants to the
<br />Beneficiary a security interest in the fallowing (all of which are hereinafter collectively called the
<br />"Trust Estate"):
<br />All right, title and interest of the Grantor in and to those fee and leasehold estates in real
<br />property described in Exhibit A hereto (hereinafter called the "Land"), together with all of its
<br />right, title, and interest in (i) all of the buildings, structures and other improvements now standing
<br />or at any time hereafter constructed or placed upon the Land; (ii) all lighting, heating, ventilating,
<br />air-conditioning, sprinkling and plumbing fixtures, water and power systems, .engines and
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