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��14�1�� 4 !. "Empro�ements" means the buifdings, structures, and alterations n�w c�nstructed �r at any time �n the future cvnstructed �r plac�d upon the Land, includfng any future replacements and addit'rons. m. "Indebtedness" means the �rincipal, interest on, and ali other amounts due at any tim� under th� Note �r the Secur�ty Instrument, including prepayment premiums, �ate cnarg�s, defau�t int�rest, and ad�ances to protect the security as provided in the S�curity I nstrum�nt. n. "Land" means the estat� in realty described En Exh�bit A. o. "Leases" means all pres�nt and future l�as�s, subleases, �ic�nses, ��ncessions or grants or other p�ssessory interests no�rv or h�reafter in f�rc�, wheth�r oral or written, c��r�ng or aff�ct�ng the Mortgaged Pra�erty, or any portion af the Mortgag�d Property �in��uding but not f�mited t� pr�prietary �eases, non-residential leases or occupancy agr�ements if Borr�w�r �s a �oop�rat�ve housing corparati�n}, and a�l modificatians, extens�ons �r r�newa�s. ��r�und leas�s that �reate a i�aseh�ld interest in th� Land and wner� the Borrow�r's I�asehofd is s�curity for the Loan are n�t includ�d in this definiti�n.} p "Lender" m�ans the entity identified as "Lender" En the first paragraph af th� Security In�trum�nt, or any subsequent h�Id�r of the N�t�, and whene�er the term "Lender" is used h�re�n, the sam� shafl be deem�d to include tne �bligee, or th� Tru�tee�s} and th� B�neficiary of th� 5�curity Instrument and shall also be de�m�d t� be the Nl�rtgagee as defEned by Pr�gram �bligations. q. "Limited D��idend Borrower" means a fEmit�d �ividendldistribution cor�orat�on or oth�r limited di�idendldistr�bution �ntity that is restricted as to rat� af return and �ther aspe�ts �f its operation. r. ijllJlortgaged Praperty" m�ans all of Borrawer's �resent and future right, t�tle and inter�st in and to a!I af th� f�l�ovving: �1} the Land; ��} the Impro��ments; �3} the Fixtures; �4} th� Personalty; ��} all current and future ri�hts, in�lud�ng air rights, d��elo�ment rignts, zonfng rights and ather similar rights �r interests, �asements, t�nem�nts, rights-�f-way, strips and g�res af land, stre�ts, a!l�ys, roads, s�wer r�ghts, wat�rs, watercourses, and Previous editions are absvlete; Regufatory Agreement HUD-92466M�Re�. �4111} Replaces�orm H�D-924fi6(1�1Q2}