|
,
<br /> a. All buildings, structures, and improvements, now or hereafter located or
<br /> constructed on the Land ("Improvements");
<br /> b. All appurtenances, easements, rights of way, pipes, transmission lines or
<br /> wires and other rights used in connection with the Land or the Improvements or as a means
<br /> of access thereto, whether now or hereafter owned or constructed or placed upon or in the
<br /> Land or Improvements and all existing and future privileges, rights, franchises and
<br /> tenements of the Land, including all minerals, oils, gas and other commercially valuable
<br /> substances which may be in, under or produced from any part of the Land, and all water
<br /> rights, rights of way, gores or strips of land, and any land lying in the streets, ways, and
<br /> alleys, open or proposed, in front of or adjoining the Land and Improvements (collectively,
<br /> "Appurtenances");
<br /> c. All machinery, equipment, fixtures, goods and other personal property of the
<br /> Trustor, whether moveable or not, now owned or hereafter acquired by the Trustor and now
<br /> or hereafter located at or used in connection with the Land, the Improvements or
<br /> Appurtenances, and all improvements, restorations, replacements, repairs, additions or
<br /> substitutions thereto (collectively, "Equipment");
<br /> d. All existing and future leases, subleases, licenses, and other agreements
<br /> relating to the use or occupancy of all or any portion of the Land or Improvements
<br /> (collectively, "Leases"), all amendments, extensions, renewals or modifications thereof, and
<br /> all rent, royalties, or other payments which may now or hereafter accrue or otherwise
<br /> become payable thereunder to or for the benefit of Trustor, including but not limited to
<br /> security deposits (collectively, "Rents");
<br /> e. All insurance proceeds and any other proceeds from the Land, Improvements,
<br /> Appurtenances, Equipment, Leases, and Rents, including without limitation, all deposits
<br /> made with or other security deposits given to utility companies, all claims or demands
<br /> relating to insurance awards which the Trustor now has or may hereafter acquire, including
<br /> all advance payments of insurance premiums made by Trustor, and all condemnation
<br /> awards or payments now or later made in connection with any condemnation or eminent
<br /> domain proceeding ("Proceeds"); and
<br /> f. All revenues, income, rents, royalties, payments and profits produced by the
<br /> Land, Improvements, Appurtenances and Equipment, whether now owned or hereafter
<br /> acquired by Trustor ("Gross Revenues");
<br /> All of the above-referenced interests of Trustor in the Land, Improvements, Appurtenances,
<br /> Equipment, Leases, Rents, Proceeds and Gross Revenues as hereby conveyed to Trustee
<br /> or made subject to the security interest herein described are collectively referred to herein
<br /> as the "Property."
<br /> 2. Obligations Secured. This Deed of Trust is given for the purpose of securing
<br /> payment and performance of the following (collectively, the "Secured Obligations"): (i) all
<br /> present and future indebtedness evidenced by the Note and any amendment thereof,
<br /> 1172395-3 2
<br /> Commercial Rehabilitation Loan Program
<br /> Owner Participation and Loan Agreement
<br /> Form: 10-20-09
<br />
|