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HomeMy WebLinkAbout0992 ,i ~ i • r 1 i t I . ~ } ' ' ' f . the Land and intended to be installed therein; all other fixtures and personal property of whatever kind and nature at present contained in or hereafter placed in any building standing on the Land; and all renewals or replacements thereof or articles in substitution thereof; and all proceeds and profits thereof and all of the estate, right, title and interest of Debtor in and to all property of any nature whatsoever, now or hereafter situated on the Land or intended to be used in connection with the operation thereof; all leases and use agreements of machinery, equipment and other personal property of Debtor in the categories hereinabove set forth, under which Debtor is the lessee of, or entitled to use, such items and all deposits made therefor; and Debtor hereby grants to Secured Party a security interest in all fixtures, rights and personal pzoperty described herein. This security agreement is self operating with respect to such property, but , Debtor agrees to execute and deliver on demand such other security agreements, financing statements, continuation statements and other instruments as Secured Party may request in order ta perfect its security interest or to impose the lien thereof more spQCifically upon any of such property and Debtor hereby constitutes and appoints Secured Party as Agent and i attorney-in-fact to make, execute, deliver and record any instruments for the purpose of effecting the lien and security int~rests of this financing statement and continuing the effect thereof. The foregoing power of attorney is irrevocable and coupled with an interest. -Secured Party shall have all the rights and remedies in addition to tho~e specified herein of a secured party under the Uniform Commercial Code. ~"~1Q~•'~ ~A~ 28 P 3 :4b F' ; oc~~~ . ST. L!~~ 7619x :O 1/26/88 8001( V~~ PACE t~t`7(,r 3002-353