Laserfiche WebLink
16 <br />201305319 <br />principal amount of the secured indebtedness outstanding at any particular time which is secured <br />by Property located in Colorado shall not aggregate in excess of $1,000,000,000. Such amount <br />does not in any way imply that Administrative Agent or the other Secured Parties are obligated <br />to make any future advances to Mortgagor at any time unless specifically so provided in the <br />Credit Agreement or any of the other documents or instruments executed in connection <br />therewith. <br />Section 1.8. Illinois Future Advances and Maximum Secured Amount. This Mortgage is <br />given to secure not only existing indebtedness, but also future advances under the Notes, the <br />Credit Agreement, or the other Loan Documents, whether such advances are obligatory or are to <br />be made at the option of Administrative Agent, or otherwise, as are made within twenty years <br />from the date hereof, to the same extent as if such future advances were made on the date of the <br />execution of the Mortgage. The total amount of indebtedness that may be so secured may <br />decrease or increase from time to time, but the total unpaid balance so secured at one time which <br />is secured by Property located in Illinois shall not exceed $1,000,000,000, plus interest thereon, <br />and any disbursements made for the payment of taxes, special assessments, or insurance on the <br />property subject to this Mortgage, plus interest thereon. Notwithstanding anything contained <br />herein to the contrary, in no event shall the total amount secured by this Mortgage exceed <br />$1,000,000,000. <br />Section 1.9. Indiana Future Advances. As permitted by Ind. Code § 32- 29 -10, this <br />Mortgage shall secure, in addition to the obligations and liabilities described in Section 1.3 <br />hereof, future advances and obligations of any Loan Party to the Secured Parties and advances by <br />the Secured Parties to any Loan Party, in each case under the Notes, the Credit Agreement, or the <br />other Loan Documents, up to One Billion Dollars ($1,000,000,000) which is secured by Property <br />located in Indiana (whether made as an obligation, made at the option of Secured Parties, made <br />after a reduction to a zero (0) or other balance or otherwise) to the same extent as if the future <br />advances and obligations were made on the date of this Mortgage. <br />Section 1.10. Indebtedness Secured by Missouri Properties. This Mortgage secures all <br />future advances and obligations constituting secured indebtedness. The total amount of <br />obligations and advances secured hereby may decrease or increase from time to time, but at no <br />time shall the total principal amount of obligations and advances secured hereby, not including <br />sums expended or incurred for the reasonable protection of the security interest hereby created in <br />the Mortgaged Properties or for other purposes specified in § 443.055(3) of the Missouri Revised <br />Statutes, in each case which is secured by Property located in Missouri, exceed the sum of <br />$1,000,000,000, which is the face amount of this Mortgage. Nothing contained herein shall <br />create or imply any agreement or commitment by Administrative Agent to loan or advance any <br />sums up to the stated face amount; the agreement of Administrative Agent to make advances is <br />governed by the terms of the Credit Agreement and is subject to all terms, provisions and <br />conditions of the Loan Documents, any Specified Swap Agreement, and any Specified Cash <br />Management Agreement. (THIS MORTGAGE SECURES, AMONG OTHER. THINGS, <br />FUTURE ADVANCES AND FUTURE OBLIGATIONS AND IS TO BE GOVERNED BY <br />THE PROVISIONS OF SECTION 443.055 OF MISSOURI REVISED STATUTES. THE <br />TOTAL PRINCIPAL AMOUNT OF FUTURE ADVANCES AND FUTURE <br />OBLIGATIONS THAT MAY BE SECURED HEREBY, IN EACH CASE WHICH IS <br />SECURED BY PROPERTY LOCATED IN MISSOURI, IS $1,000,000,000). <br />