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� 2� 1 ��835 the same manner as described in th�s M�rtgage or may contain an ir�di�at�an or descrxpt�o�. of c��atera� that des�ribes such property in ar�y other manner as Lender may determine, in its reasonab�e d�scre�i�n, �s necessary or prudent t� ensure the p�rfection af the security interest in the Pr�pert� granted to Lender in cor�nect�� her�w�th, inc�uding, without l�m�tat��n, describ�ng such property as "A�I assets of debtor whether novv owned �r hereafter a�quiredy', "Al� personal property of debtor Wh.ether now owned or hereafter a�quired", "All personal pr�perty of de�tor, � including, without limitation, a11 go�ds that are ar are to become fi�tures, whether r�oW awr��d or hereaft�r acquired"or wor�s af similar mean�ng. Section l.5 P�ed�es of Mon�es_He�d. Subj��t to t�e terms af the Loan Dacuments, Indi�idual Borrower hereby pl.�dges to Lender any a�d a�l m�nies n�w or hereafter held by Lender or on beha�f of Lender, including, vvithout �imitat�on, an� sums depasit�d in the Cash Management Account, the Reser�e Funds and Net Pr�ceeds, as additi�nal s��ur�ty for the �b��gations unti� expended �r app�xed as provided in this Security Instrument or the ather Loan Dacuments. ��NDITI�NS T� GRANT T� HAVE AND T� HULD the above granted and des�ribed Praperty unta Lender, or Trustee for and �n beha�f of Lend�r, as specified above, and to the us� and benef t of Lender, or Trustee, as specif ed abave, and f�r their suc�essors and perm�tted assigns; IN �`RU�T, �ITH P�WER �F SALE, to secure payment to Lender �f th� I]ebt at the t�me and �n the manner provided for �ts payment �n the Loan Agreement, the Note an�in this Secur�.ty Instr�xment. PR�vIDED, H�WEVER, these presents are up�n the express c�ndition that, if B�rr�wer sha�l we�� and truly pa� to Lender the entire outstax�d�ng ba�ance of the Debt at the t�r�e and in the manner pravided in the Nate, the L�an Agreement and this Security Instrument, shal�well arid tru�y perform the �ther �bligat�ons �hereafter defined} as set forth in th�s Securit� Instrument and sha�� well and truly abxde by and G�mp�y wxth each and every �ov�nant ar�d c�ndition set forth herein and in th� N�te, the Loan Agreement and th� ather L�an I]ocuments, these presents and the estate hereby granted sha�� cease, terminate a�.d be v��d. Notwithstand�ng the forego�ng, Lender sha11 release the liens and security interests created by this Security Instrument�or re��nvey the Pra�ert� to Individ�u�.l Barrower when the entire outstanding ba�ance � of the Debt has be�n pa�d and there are no outstand�ng ar unpaid �ther �b�igations other than contingent inden��f�cat�on ob�igatians for which n� claims have been asserted and with respe�t to which there are n�known cla�ms reasonably ��k�Iy to be asserted. ARTICLE 2 -- DEBT AND �13LIGATI�NS SE�UREI] _ Sectian 2.1 Debt. Th�s Se�ur�ty Instrument and the grants, assignments and transfer�made in ArticZe 1 are given f�r the purpase of se�uring the Debt. Section 2.2 �ther �b��at�ons. This SeCurity Instrument a.nd the grants, ass�gnments and transfers made in Art�cie 1 are also given for the purpose of secur�ng the fol�owing�collectively, the "�ther�b�igation�"�: $ �NEWY�RK 3169$27 4]