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201210064
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201210064
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Last modified
12/3/2012 9:08:30 AM
Creation date
12/3/2012 9:08:29 AM
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DEEDS
Inst Number
201210064
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12. Imposition Deposits. <br />Deposits held by the Secured Party (the "Imposition Deposits ") to pay when due (a) any water <br />and sewer charges which, if not paid, may result in a lien on all or any part of the Property or the Collateral <br />Property, (b) the premiums for fire and other casualty insurance, liability insurance, rent loss insurance, and <br />such other insurance as Secured Party may require, (c) taxes, assessments, vault rentals, and other <br />charges, if any, general, special, or otherwise, including assessments for schools, public betterments and <br />general or local improvements, which are levied, assessed or imposed by any public authority or quasi - <br />public authority, and which, if not paid, will become a lien on the Property, the Collateral Property or the <br />Improvements or any taxes upon any of the documents evidencing or security the loan secured by the <br />Security Instrument, and (d) amounts for other charges and expenses which Secured Party at any time <br />reasonably deems necessary to protect the Property or the Collateral Property, to prevent the imposition of <br />liens on the Property or the Collateral Property, or otherwise to protect Secured Party's interests, all as <br />reasonably determined from time to time by Secured Party (the "Impositions "); <br />13. Refunds or Rebates. <br />All refunds or rebates of Impositions by any municipal, state or federal authority or insurance <br />company (other than refunds applicable to periods before the real property tax year in which the Security <br />Instrument is dated); <br />14. Tenant Security Deposits. <br />All tenant security deposits; <br />15. Names. <br />All names under or by which the Property or any of the above Collateral Property may be operated <br />or known, and all trademarks, trade names, and goodwill relating to the Property or any of the Collateral <br />Property; <br />16. Collateral Accounts and Collateral Account Funds. <br />201210064 <br />Any and all funds on deposit in any account designated as a "Collateral Account" by Secured Party <br />pursuant to any separate agreement between Debtor and Secured Party which provides for the <br />establishment of any fund, reserve or account; <br />Schedule A to UCC Financing Statement Form 6421 <br />Fannie Mae 01 -11 <br />Prepared by RoboDocs® <br />Page 4 <br />© 2011 Fannie Mae <br />
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