My WebLink
|
Help
|
About
|
Sign Out
Browse
200003380
LFImages
>
Deeds
>
Deeds By Year
>
2000
>
200003380
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/13/2011 12:41:29 PM
Creation date
10/20/2005 8:17:38 PM
Metadata
Fields
Template:
DEEDS
Inst Number
200003380
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
35
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
200003380 <br />Mortgagor hereby waives any and all rights it may have, or may have in the <br />future, if any, to claim discharge pursuant to the Uniform Commercial Code <br />or any other applicable law, whether common or statutory. The Mortgagor <br />acknowledges and agrees, in the event that all or any portion of the <br />Collateral is sold or otherwise disposed of by the Mortgagee pursuant to the <br />Uniform Commercial Code, that Mortgagor to the extent of its liability under <br />the 2000 Notes, this Mortgage and the other Operative Agreements shall be <br />liable for any deficiency due under said 2000 Notes pursuant to the terms of <br />this Mortgage after the proceeds of the disposition of said Collateral are <br />applied pursuant to the Uniform Commercial Code. The Mortgagor hereby <br />agrees that it shall and will indemnify and hold harmless the Mortgagee at all <br />times from and after the date of this Mortgage, for and from any and all <br />claims, losses, damages, charges and expenses of every and any kind and <br />character whatsoever growing out of or referable to this Mortgage or the <br />2000 Notes or the other Operative Agreements, growing out of or referable <br />to the Mortgagee's taking possession of the Collateral or any part thereof, <br />growing out of or referable to any and all actions taken or not taken by <br />Mortgagee as a secured party or growing out of�or referable to any and all <br />actions taken or not taken by the Mortgagee in using, improving, operating, <br />holding, leasing or selling or otherwise disposing of all or any portion of the <br />Collateral. <br />Section 4.2 Until Mortgagee exercises its rights to collect any proceeds of the Collateral <br />pursuant hereto, Mortgagor will collect with diligence any and all proceeds of <br />the Collateral. Upon written request by Mortgagee, any proceeds received <br />by Mortgagor with respect to the Collateral shall be held in trust for <br />Mortgagee, and Mortgagor shall keep all such collections separate and apart <br />from all other funds and property so as to be capable of identification as the <br />property of Mortgagee and shall deliver such collections at such time as <br />Mortgagee may request in the identical form received, properly endorsed or <br />assigned when required to enable Mortgagee to complete collection thereof. <br />Section 4.3 Except as provided in Section 24 of the 2000 Note Purchase Agreement, no <br />item of the Collateral may be removed from the Mortgaged Property without <br />the prior written consent of Mortgagee unless Mortgagor shall immediately <br />replace such item of the Collateral with similar property of equivalent value <br />on which Mortgagee has a valid first mortgage lien or valid and perfected <br />first security interest. <br />Section 4.4 Mortgagor shall (i) upon at least two days' notice in advance, permit <br />representatives of Mortgagee to inspect the Collateral and Mortgagor's <br />books and records relating to the Collateral and make extracts therefrom <br />and to arrange for verification of the amount and condition of the Collateral, <br />including when deemed appropriate by Mortgagee after any default by direct <br />contact with any of Mortgagor's tenants or users of space, all at Mortgagee's <br />2000 MORTGAGE <br />(Grand Island, Nebraska) <br />KIR <br />
The URL can be used to link to this page
Your browser does not support the video tag.