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"Leases" means all present and future leases, subleases, licenses, concessions or grants or other
<br />possessory interests now or hereafter in force, whether oral or written, covering or affecting the
<br />Mortgaged Property, or any portion of the Mortgaged Property (including proprietary leases or
<br />occupancy agreements if Borrower is a cooperative housing corporation), and all modifications,
<br />extensions or renewals thereof.
<br />"Lien" means any claim or charge against property for payment of a debt or an amount owed for
<br />services rendered, including any mortgage, deed of trust, deed to secure debt, security interest,
<br />tax lien, any materialman's or mechanic's lien, or any lien of a Governmental Authority,
<br />including any lien in connection with the payment of utilities, or any other encumbrance.
<br />"Mortgaged Property" means all of Borrower's present and hereafter acquired right, title and
<br />interest, if any, in and to all of the following:
<br />(a) the Land;
<br />(b) the Improvements;
<br />(c) the Personalty;
<br />Fannie Mae Multifamily Security Instrument
<br />Nebraska
<br />Form 6025.NE
<br />06 -12
<br />201603849
<br />(d) current and future rights, including air rights, development rights, zoning rights
<br />and other similar rights or interests, easements, tenements, rights -of -way, strips and gores of
<br />land, streets, alleys, roads, sewer rights, waters, watercourses, and appurtenances related to or
<br />benefitting the Land or the Improvements, or both, and all rights -of -way, streets, alleys and roads
<br />which may have been or may in the future be vacated;
<br />(e) insurance policies relating to the Mortgaged Property (and any unearned
<br />premiums) and all proceeds paid or to be paid by any insurer of the Land, the Improvements, the
<br />Personalty, or any other part of the Mortgaged Property, whether or not Borrower obtained the
<br />insurance pursuant to Lender's requirements;
<br />(f) awards, payments and other compensation made or to be made by any municipal,
<br />state or federal authority with respect to the Land, the Improvements, the Personalty, or any other
<br />part of the Mortgaged Property, including any awards or settlements resulting from
<br />(1) Condemnation Actions, (2) any damage to the Mortgaged Property caused by governmental
<br />action that does not result in a Condemnation Action, or (3) the total or partial taking of the
<br />Land, the Improvements, the Personalty, or any other part of the Mortgaged Property under the
<br />power of eminent domain or otherwise and including any conveyance in lieu thereof;
<br />(g) contracts, options and other agreements for the sale of the Land, the
<br />Improvements, the Personalty, or any other part of the Mortgaged Property entered into by
<br />Borrower now or in the future, including cash or securities deposited to secure performance by
<br />parties of their obligations;
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<br />© 2012 Fannie Mae
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