|
(5)
<br />Previous editions are obsolete
<br />(10) all Rents and Leases;
<br />201302389
<br />9
<br />all current and future rights, including air rights, development
<br />rights, zoning rights and other similar rights or interests,
<br />easements, tenements, rights -of -way, strips and gores of land,
<br />streets, alleys, roads, sewer rights, waters, watercourses, and
<br />appurtenances related to or benefiting the Land or the
<br />Improvements, or both, and all rights -of -way, streets, alleys and
<br />roads which may have been or may in the future be vacated;
<br />(6) all insurance policies covering the Mortgaged Property, and all
<br />proceeds paid or to be paid by any insurer of the Land, the
<br />Improvements, the Fixtures, the Personalty or any other part of the
<br />Mortgaged Property, whether or not Borrower obtained such
<br />insurance policies pursuant to Lender's requirement;
<br />(7) all awards, payments and other compensation made or to be made
<br />by any Governmental Authority with respect to the Land, the
<br />Improvements, the Fixtures, the Personalty or any other part of the
<br />Mortgaged Property, including any awards or settlements resulting
<br />from condemnation proceedings or the total or partial taking of the
<br />Land, the Improvements, the Fixtures, the Personalty or any other
<br />part of the Mortgaged Property under the power of eminent domain
<br />or otherwise and including any conveyance in lieu thereof;
<br />(8) all contracts, options and other agreements for the sale of the Land,
<br />the Improvements, the Fixtures, the Personalty or any other part of
<br />the Mortgaged Property entered into by Borrower now or in the
<br />future, including cash or securities deposited to secure
<br />performance by parties of their obligations;
<br />(9) all proceeds (cash or non - cash), liquidated claims or other
<br />consideration from the conversion, voluntary or involuntary, of any
<br />of the Mortgaged Property and the right to collect such proceeds,
<br />liquidated claims or other consideration;
<br />(11) all earnings, royalties, instruments, accounts,
<br />accounts receivable, supporting obligations, issues and profits from
<br />the Land, the Improvements or any other part of the Mortgaged
<br />Property, and all undisbursed proceeds of the Loan and, if
<br />HUD MF Security Instrument HUD- 94000M (Rev.11/12)
<br />
|