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2� 1 ���437
<br /> more than one ��censed operator, the use of the sin�u�ar shall inc�ude the
<br /> plura�.
<br /> e. As used herein, "Pro'ect" m�ans any and a�� assets of whatever r�ature a�r
<br /> Wherever situated re�ated to the Loan, including vvithout limitation, the
<br /> Mortgaged Property, any Improvements, and any cnllateral owne� by the
<br /> �perato�securing the Loan.
<br /> 3. Impro�ement�. The build�ngs, structures, and a�terations now canstructed �r at any
<br /> t�me in the future constructed �r placed upon the Land, inc�udir�g any future
<br /> replacements and additians (the "Im�rovements"};
<br /> 4. Fixtures. All property or goods that are �r become so related or attached to the Land
<br /> �r th� Im�rov�ments that an interest arises in them under rea� praperty law, whether
<br /> acquired n�w or in the future, e�ciuding a�� ter�ant owned goods and property, and
<br /> including but n�t ��mit�d t�: machinery, equ�pment, �I1�1I1�5, boilers, �ncineratars,
<br /> installed bux�ding mater�a�s; systems and equipment for the purpose of supplying or
<br /> distributing heating, co��ing, electricity, gas, water, a�r, or light; antennas, cab�e,
<br /> w�ring and �ondu�ts used in connecti�n vvith radio, televisi�n, computers, security,
<br /> fire preventian, �r f�re detection or otherWise used to �arry electranic signals;
<br /> telephone systems and equipment; eievators and related machinery and equipment;
<br /> f�re detection, preventi�n and extinguish�ng systems and apparatus; security and
<br /> ac�ess �ontrol systems and apparatus; plumbing systems; vvater heaters, ranges,
<br /> stoves, m�crowave �vens, refr�gerators, dishwashers, garbage d�sposals, washers,
<br /> dryers, and other appliances; light fixtures, awnings, storm Wxndows and storm doors;
<br /> �ictures, screens, b�inds, shades, curtains and cur�ain rads; mirrors; cabinets,
<br /> pane�ing, rugs, and floar and wall cover�ngs; fences, trees and plants; sWimmzng
<br /> paols; playground and exercise equipment, and classroom furnishings and �quipment
<br /> �the "Fixtures"};
<br /> S. Persanalty. All equipment, in��nt�ry, and general �ntangib�es (the "Persona�ty"�.
<br /> The definition of "Pers�nalty" includes furniture, furnishings, ma�hinery, building
<br /> mater�als, appliances, go�ds, supp�ies, to��s, books, recards (whether in wr�tten �r
<br /> electr�nic form�, computer equipment (hardware and soft�vare} and �ther tangibl� ar
<br /> electranical�y stared personal propert� �other than Fixtures} that are owned, leased or
<br /> used by I]ebtor naw or in the future in connecti�n w�th the ownership, management
<br /> ar operati�n of the Land or the Impr�vements �r are located on the Land �r �n the
<br /> Impravements, and any operating agreements relating to the Land or the
<br /> Im�rov�ments, and any surveys, plans and specif�cations and contracts for
<br /> archit�ctural, engineering, and construction servic�s relat�ng to the Land or th�
<br /> Improvements, choses in act�on and all �ther intangible property and rights re�ating to
<br /> the operat�on of, or used in connection with, the Land or the Improvements, inciuding
<br /> all c�rtificat�ons, approvals and g�vernmental perm�ts relating to any activities an the
<br /> Land. Genera��y, intangibl�s sha�� also �nclude a11 cash and cash escrow funds, such
<br /> as but not limited to: replacement reserve funds, bank ac�ounts, residuai receipts
<br /> funds, and investments;
<br /> B-2
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