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�a110550� <br />Section 1.2 Grant. In order to secure the Obligations, Trustor hereby mortgages, grants, assigns, <br />bargains, sells and conveys to Trustee, its successors and assigns, in trust, with POWER OF SALE and right of entry <br />and possession, and does hereby grant unto Trustee for the benefit of Beneficiary a continuing security interest in, <br />(a) the real properiy (herein called the "Land") described in Ezhibit "B" which is attached hereto and incorporated <br />herein by reference for all purposes, and (i) all improvements now or hereafter situated or to be situated on the Land <br />(herein together called the "Improvements"); and (ii) all right, title and interest of Trustor in and to (1) all streets, <br />roads, alleys, easements, rights-of-way, privileges, hereditaments, appurtenances, licenses, rights of ingress and <br />egress, vehicle pazking rights and public places, e�usting or proposed, abutting, adjacent, used in connecrion with or <br />pertaining to the Land or the Improvements; (2) all of Trustor's present and future estate, right, ritle and interest in <br />and to all accrerion, avulsion, riparian rights, water rights, waters, water courses, whether now owned or hereafter <br />acquired by Trustor; (3) the reversion(s), remainder(s); possession(s), claims and demands of Trustor in and to the <br />same, and the rights of Trustor in and to the benefits of any conditions, covenants and restrictions now or hereafter <br />affecting said real property, together with all estate, right, title and interest, including, without limitation, leasehold <br />interests, that Trustor now has or may hereafter acquire, and (4) any strips or gores between the Land and abutting or <br />adjacent properties (the Land, Improvements and other rights, ritles and interests referred to in this clause (a) being <br />herein sometimes collectively called the "Premises"); (b) all things now or hereafter affixed to or located upon or <br />used in connection with the Land, including, without limitation, all buildings, structures and Improvements of every <br />kind and description now or hereafter erected or placed thereon, all apparatus, furnishings, furniture, fixtures, <br />machinery, equipment, appliances, systems, building materials and personal property of every kind and nature <br />whatsoever, now owned or hereafter acquired by Trustor, which are or shall be attached to, or used for the operation <br />or maintenance of, said buildings, siructures or Improvements located on the Land, or which are or shall be located <br />in, on or about the Land, or which, wherever located, are used or intended to be used in or in connection with the <br />construction, fixturing, equipping, furnishing, use, transportation of personal property to or from, operarion or <br />enjoyment of the Land or the Improvements thereon, and all permits, licenses, franchises, contract rights, <br />management contracts or agreements, warranties, guaranries, authorities, certificates and leasehold interests, now or <br />hereafter owned by Trustor and relating to the ownership use, operarion, maintenance or enjoyment of the Land, the <br />Improvements thereon, and the fixtures, equipment and personal properiy described above; and also including all <br />extensions, additions, accessions, substiturions, improvements, betterments, renewals, renovations, repairs, <br />replacements, products and proceeds of any of the foregoing, together with the benefit of any deposits or payments <br />now or hereafter made by Trustor or on its behalf in connection with any of the foregoing, including all bridges, <br />irrigarion pumps, electric motors, engines, pipes, sprinklers, center pivot systems, control panels, accessories and <br />accessions, and all other irrigation equipment connected therewith now or hereafter placed or installed, including but <br />not limited to those specific items referenced on Exhibit "C", together with all water and watering rights of every <br />kind and description, on the Land described herein; all accessories and accessions to fully operate grain handling <br />facilities, storage warehouses, equipment sheds and shop buildings, including but not limited to office equipment, <br />scales, compressors, engines, motors, control panels, conveyors, load-out equipment and all improvements, fixtures <br />and appurtenances on or related to the Land described herein; scales, office equipment, computer equipment and <br />soflware, fuel and water tanks, fuel and water metering and pumping equipment, fire prevention equipment, <br />pneumatic equipment, compressors, engines, motors, control panels, conveyors, baling equipment, load-out <br />equipment on or related to the Land described herein; provided, however, that expressly excluded from the security <br />interest hereby created are all vehicles and rolling stock owned by Trustor, all personal properiy and equipment not <br />owned by Trustor (including, but not limited to, leased property) located on the Land (collecrively, the "Excluded <br />Collateral"); and all of such things, other than the Excluded Collateral, whether now hereafter placed thereon or used <br />in connection therewith or whether now owned or hereafter acquired by Trustor, or used in or necessary to the <br />complete and proper planning, development, use, occupancy or operation thereof, or acquired (whether delivered to <br />the Land or stored elsewhere) for use or installation in or on the Land or the Improvements, and all renewals and <br />replacements of, substitutions for and a.dditions to the foregoing (the properties referred to in this clause (b) being <br />herein sometimes collecrively called the "Accessories"); (c) all of (i) Trustor's rights, but not liability for any breach <br />by Trustor, under all insurance policies and other contracts and general intangibles (including but not limited to <br />tra.demarks, trade names and symbols) related to the Premises or the Accessories or the operation thereof; (u) <br />deposits (including but not limited to Trustor's rights in tenants' security deposits, deposits with respect to utility <br />services to the Premises, and any deposits or reserves hereunder or under any other Loan Document for taxes, <br />insurance or otherwise), money, accounts, instruments, documents, notes and chattel paper arising from or by virtue <br />of any transactions related to the Premises or the Accessories; (iii) permits, licenses, franchises, certificates, <br />development rights, commitments and rights for utilities, and other rights and privileges obtained in connection with <br />the Premises or the Accessories; (iv) leases, rents, royalties, bonuses, issues, profits, revenues and other benefits of <br />2 <br />