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201303290
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Last modified
12/31/2013 3:00:35 PM
Creation date
4/29/2013 12:22:33 PM
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DEEDS
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201303290
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201303290 <br /> 3 <br /> k. "Impositions" and "Imposition Deposits" are defined in the Security <br /> Instrument. <br /> I. "Improvements" means the buildings, structures, and alterations now <br /> constructed or at any time in the future constructed or placed upon the Land, including <br /> any future replacements and additions. <br /> m. "Indebtedness" means the principal, interest on, and all other amounts due at <br /> any time under the Note or the Security Instrument, including prepayment premiums, <br /> late charges, default interest, and advances to protect the security as provided in the <br /> Security Instrument. <br /> n. "Land" means the estate in realty described in Exhibit A. <br /> o. "Leases" means all present and future leases, subleases, licenses, concessions <br /> or grants or other possessory interests now or hereafter in force, whether oral or <br /> written, covering or affecting the Mortgaged Property, or any portion of the Mortgaged <br /> Property (including but not limited to proprietary leases, non-residential leases or <br /> occupancy agreements if Borrower is a cooperative housing corporation), and all <br /> modifications, extensions or renewals. (Ground leases that create a leasehold interest <br /> in the Land and where the Borrower's leasehold is security for the Loan are not <br /> included in this definition.) <br /> p. "Lender" means the entity identified as "Lender" in the first paragraph of the <br /> Security Instrument, or any subsequent holder of the Note, and whenever the term <br /> "Lender" is used herein, the same shall be deemed to include the Obligee, or the <br /> Trustee(s) and the Beneficiary of the Security Instrument and shall also be deemed to <br /> be the Mortgagee as defined by Program Obligations. <br /> q. "Limited Dividend Borrower" means a limited dividend/distribution corporation <br /> or other limited dividend/distribution entity that is restricted as to rate of return and other <br /> aspects of its operation. <br /> r. "Mortgaged Property" means all of Borrower's present and future riaht. title and <br /> interest in and to all of the following: <br /> (1) the Land; <br /> (2) the Improvements; <br /> (3) the Fixtures; <br /> Previous editions are obsolete; Regulatory Agreement HUD-92466M(Rev. 04/11) <br /> Replaces form HUD-92466(11/02) <br />
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