|
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 or
<br />hereafter located at or used in connection with the Land, the Improvements or Appurtenances,
<br />and all improvements, restorations, replacements, repairs, additions or substitutions thereto
<br />(collectively, "Equipment');
<br />d. All existing and future leases, subleases, licenses, and other agreements relating to
<br />the use or occupancy of all or any portion of the Land or Improvements (collectively, "Leases"),
<br />all amendments, extensions, renewals or modifications thereof, and all rent, royalties, or other
<br />payments which may now or hereafter accrue or otherwise become payable thereunder to or for
<br />the benefit of Trustor, including but not limited to 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 made
<br />with or other security deposits given to utility companies, all claims or demands relating to
<br />insurance awards which the Trustor now has or may hereafter acquire, including all advance
<br />payments of insurance premiums made by Trustor, and all condemnation awards or payments
<br />now or later made in connection with any condemnation or eminent domain proceeding
<br />("Proceeds");
<br />f. All revenues, income, rents, royalties, payments and profits produced by the
<br />Land, Improvements, Appurtenances and Equipment, whether now owned or hereafter acquired
<br />by Trustor ("Gross Revenues");
<br />g. All architectural, structural and mechanical plans, specifications, design
<br />documents and studies produced in connection with development of the Land and the
<br />rehabilitation and construction of the Improvements (collectively, "Plans"); and
<br />h. All interests and rights in any private or governmental grants, subsidies, loans or
<br />other financing provided in connection with development of the Land and the rehabilitation and
<br />construction of the Improvements (collectively, "Financing").
<br />All of the above -referenced interests of Trustor in the Land, Improvements, Appurtenances,
<br />Equipment, Leases, Rents, Proceeds, Gross Revenues, Plans and Financing as hereby conveyed
<br />to Trustee or made subject to the security interest herein described are collectively referred to
<br />herein as the "Property."
<br />2. Obligations Secured. This Deed of Trust is given for the purpose of securing payment
<br />and performance of the following (collectively, the "Secured Obligations"): (i) all present and
<br />future indebtedness evidenced by the Note and any amendment thereof, including principal,
<br />interest and all other amounts payable under the terms of the Note; (ii) all present and future
<br />obligations of Trustor to Beneficiary under the Loan Documents (defined below); (iii) all
<br />additional present and future obligations of Trustor to Beneficiary under any other agreement or
<br />instrument acknowledged by Trustor (whether existing now or in the future) which states that it
<br />is or such obligations are, secured by this Deed of Trust; (iv) all obligations of Trustor to
<br />Beneficiary under all modifications, supplements, amendments, renewals, or extensions of any of
<br />the foregoing, whether evidenced by new or additional documents; and (v) reimbursement of all
<br />Page 3 of 25
<br />REV: 05-29-19 VR
<br />ATTY/AGR.2019.151/Redwood Oaks Associates 11 LP - A&R Deed of Trust
<br />
|