THE EXPENSES OF IN-HOUSE STAFF OR OTHERWISE.
(F)
ALL PRONOUNS, WHETHER IN MASCULINE, FEMININE OR NEUTER FORM,
SHALL BE DEEMED TO REFER TO THE OBJECT OF SUCH PRONOUN WHETHER SAME IS
MASCULINE, FEMININE OR NEUTER IN GENDER, AS THE CONTEXT MAY SUGGEST OR REQUIRE.
(G)
ALL TERMS USED HEREIN, WHETHER OR NOT DEFINED IN SECTION 1.1
HEREOF, AND WHETHER USED IN SINGULAR OR PLURAL FORM, SHALL BE DEEMED TO REFER TO
THE OBJECT OF SUCH TERM WHETHER SUCH IS SINGULAR OR PLURAL IN NATURE, AS THE
CONTEXT MAY SUGGEST OR REQUIRE.
(H)
REFERENCES TO "LEGAL REQUIREMENTS," "ENVIRONMENTAL LAWS," "DEBTOR
RELEASE LAWS," "APPLICABLE LAW," ANY OTHER SPECIFICALLY NAMED LAW AND ANY OTHER
SIMILAR TERMS ALSO REFER TO SUCH LAWS AND ITEMS AS NOW OR HEREAFTER AMENDED OR
MODIFIED.
ARTICLE II
GRANT
2.1
GRANT. TO SECURE THE FULL AND TIMELY PAYMENT OF THE INDEBTEDNESS
AND THE FULL AND TIMELY PERFORMANCE AND DISCHARGE OF THE OBLIGATIONS, GRANTOR
HAS GRANTED, BARGAINED, SOLD AND CONVEYED, AND BY THESE PRESENTS DOES GRANT,
BARGAIN, SELL AND CONVEY, UNTO TRUSTEE, IN TRUST, THE MORTGAGED PROPERTY,
SUBJECT, HOWEVER, TO THE PERMITTED EXCEPTIONS, TO HAVE AND TO HOLD THE MORTGAGED
PROPERTY UNTO TRUSTEE, FOREVER, AND GRANTOR DOES HEREBY BIND ITSELF, ITS
SUCCESSORS, AND ASSIGNS TO WARRANT AND FOREVER DEFEND THE TITLE TO THE MORTGAGED
PROPERTY UNTO TRUSTEE AGAINST EVERY PERSON WHOMSOEVER LAWFULLY CLAIMING OR TO
CLAIM THE SAME OR ANY PART THEREOF. IF GRANTOR SHALL PAY (OR CAUSE TO BE PAID)
THE INDEBTEDNESS AS AND WHEN THE SAME SHALL BECOME DUE AND PAYABLE AND SHALL
FULLY PERFORM AND DISCHARGE (OR CAUSE TO BE FULLY PERFORMED AND DISCHARGED) THE
OBLIGATIONS ON OR BEFORE THE DATE THE SAME ARE TO BE PERFORMED AND DISCHARGED,
THEN THE LIENS, SECURITY INTERESTS, ESTATES, AND
7
RIGHTS GRANTED BY THE LOAN DOCUMENTS SHALL TERMINATE, IN ACCORDANCE WITH THE
PROVISIONS HEREOF, OTHERWISE THE SAME SHALL REMAIN IN FULL FORCE AND EFFECT. A
CERTIFICATE OR OTHER WRITTEN STATEMENT EXECUTED ON BEHALF OF TRUSTEE OR
BENEFICIARY CONFIRMING THAT THE INDEBTEDNESS HAS NOT BEEN FULLY PAID OR THE
OBLIGATIONS HAVE NOT BEEN FULLY PERFORMED OR DISCHARGED SHALL BE SUFFICIENT
EVIDENCE THEREOF FOR THE PURPOSE OF RELIANCE BY THIRD PARTIES ON SUCH FACT.
2.2
FUTURE INDEBTEDNESS. IT IS SPECIFICALLY CONTEMPLATED BY GRANTOR
AND BENEFICIARY THAT THE INDEBTEDNESS SECURED HEREBY MAY BE INCREASED AND
REARRANGED BY SUBSEQUENT AMENDMENTS, RESTATEMENTS, SUPPLEMENTS AND OTHER
MODIFICATIONS AND ADDITIONS TO THE LOAN DOCUMENTS AND THAT ADDITIONAL PROMISSORY
NOTES AND LOAN AGREEMENTS MAY BE ISSUED AND ENTERED INTO IN CONNECTION
THEREWITH. GRANTOR AND EACH PERSON WHO, AT ANY TIME, MAY CLAIM AN INTEREST IN OR
LIEN OR ENCUMBRANCE AGAINST ALL OR ANY PORTION OF THE MORTGAGED PROPERTY AGREE
THAT ALL INDEBTEDNESS SHALL BE SECURED BY THIS DEED OF TRUST WITH THE SAME
PRIORITY AS IF ALL HAD BEEN ADVANCED, HAD ARISEN OR HAD BECOME OWING OR
PERFORMABLE ON THE DATE OF THIS DEED OF TRUST. THIS DEED OF TRUST SHALL REMAIN
IN FULL FORCE AND EFFECT AS TO ALL FUTURE INDEBTEDNESS AND TO ALL SUBSEQUENT
ADVANCES