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management agreements, service contracts, permits, Licenses, certificates and
entitlements in any way relating to the development, construction, use, occupancy,
operation, maintenance, enjoyment, acquisition or ownership of the Mortgaged
Property (the "Enptr ty AC[eemtptt"), (10) ail rights, privileges, tenements,
hereditamcats, rigbts-ofwsy, easements, appendages and appurtenances appertaining
to the foregoing, and all right, tide and interest, if any, of f'hrantor m and to any streets,
ways, alleys, ships or gores of and adjoining the Land or any part thereof, (11) all
accessions, replacements and substitutions for any of the foregoing and all proceeds
thereof (12) all insurance policies, unearned premiuzis therefor and proceeds from
such policies covering any of the above property now or hereafter acquired by Grantor,
(13) all mineral, water, oil and gas rights now or herctdter acquired and relating to all
or any part of the Mortgaged Property, and (14) all of Grantor's right, title and interest.
in and to any awards, remunerations, reimbursements, settlements or compensation
heretofore made or hereafter to be made by any governmental authority pertaining to
the Land, Improvements, Fixtures or Perwnalty. As used in this Deed of Trust, the
term "Mortgaged Property" shall mean all or, where the context permits or requires,
any portion of the above or any interest therein.
"Ok[tgalim": AJI of the agreements, covenants, conditions, warranties,
,4 representations and other obligations (other than to repay the Indebtedness) made or
n undertaker. by Grantor or any other person or entity to Beneficiary, Trustee or others as
X set forth in the Loan Documents.
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O "Petgllited Encumbnncn": The outstanding liens, easements,
t9 restrictions, security interests and other exceptions to title set forth in the policy of title
Qutsurance insuring the lien of this Deed of Trust, together with the liens and security
0 interests in favor of Beneficiary created by the Loan Dcxuwents, none of w!Act,
individually or in the aggregate, materially intenfetcs with 6e benefrs of the security
intended to be provided by this Deed of Trust, materially and adversely affects the
value of the Mortgaged Property, impairs the use or opexstions of the Mortgaged
Property or impairs Grantor's ability to pay its obligations in a timely manner.
"MiLC": The Uniform Commercial Code of Washington or, if the
creation, perfection and enforcement ofauty security interest herein granted is governed
by the laws of a state other than Washington, then, as to the matter in question, the
Uniform Commercial Code in effect in that state.
AR ICLE
SiRM
Section 2 I GL11IIt. To secure the fill and twnely payment of the
Indebtedness and the full and timely performance of the Obligations, Grantor
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