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200003557 <br />Instrument with respect to the Leases, including without limitation the performance of any obligation to be <br />performed on the part of Borrower under any of the Leases, which shall remain exclusively with Borrower. <br />Section 1.3 Security Agreement. This Security Instrument is both a real property deed of trust <br />and a "security agreement" within the meaning of the Uniform Commercial Code. The Property includes <br />both real and personal property and all other rights and interests, whether tangible or intangible in nature, <br />of Borrower in the Property. By executing and delivering this Security Instrument, Borrower hereby grants <br />to Lender, as security for the Obligations (defined in Section 2.3), a security interest in the Property to the <br />full extent that the Property may be subject to the Uniform Commercial Code (said portion of the Property <br />so subject to the Uniform Commercial Code, "Collateral "). <br />Section 1.4 Pledge of Monies Held. Borrower hereby pledges to Lender, and grants to Lender <br />a security interest in, any and all monies now or hereafter held by Lender, including, without limitation, any <br />sums deposited in the Escrow Fund (defined in Section 3.5) and the Net Proceeds and Net Proceeds <br />Deficiency (defined in Section 3.8) and any funds or reserves (collectively, the "Reserves "), if any, described <br />and identified in the Special Stipulations attached hereto as Exhibit "B" and made a part hereof, as additional <br />security for the Obligations until expended or applied as provided in this Security Instrument. <br />CONDITIONS TO GRANT <br />TO HAVE AND TO HOLD the above granted and described Property unto the Trustee and its <br />successors and assigns, in trust with power of sale in accordance with the terms and conditions hereof, for <br />the use and benefit of Lender, and the successors and assigns of Lender, forever; <br />PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall pay <br />to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall <br />perform the Other Obligations as set forth in this Security Instrument and shall abide by and comply with <br />each and every covenant and condition set forth herein and in the Note, these presents and the estate <br />hereby granted shall cease, terminate and be void. <br />Article 2 - DEBT AND OBLIGATIONS SECURED <br />Section 2.1 Debt. This Security Instrument and the grants, assignments and transfers made <br />in Article 1 are given for the purpose of securing the following, in such order of priority as Lender may <br />determine in its sole discretion (collectively, "Debt'): <br />(a) the payment of the indebtedness in the total principal sum of $2,980,000.00 evidenced by <br />the Note in lawful money of the United States of America; <br />(b) the payment of interest, default interest, late charges and all other sums agreed or provided <br />to be paid by Borrower in the Note, this Security Instrument and the Other Loan Documents (defined in <br />Section 3.2); <br />(c) the Defeasance (as defined in the Note) of the indebtedness evidenced by the Note; and <br />(d) the payment of all sums advanced and costs and expenses incurred by Lender or Trustee <br />in connection with or pursuant to this Security Instrument or in connection with the Debt, and any renewal, <br />extension, modification, consolidation, change, substitution, replacement, restatement or increase of the <br />Debt or any part thereof, or the acquisition or perfection of the Security therefor. <br />ATLANTA4181845.4 <br />GMACCM (SLP) — DOT (8198) 4 Grand Isle, Nebraska <br />