My WebLink
|
Help
|
About
|
Sign Out
Browse
200103932
LFImages
>
Deeds
>
Deeds By Year
>
2001
>
200103932
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/14/2011 3:34:36 AM
Creation date
10/20/2005 8:34:59 PM
Metadata
Fields
Template:
DEEDS
Inst Number
200103932
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
42
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
200103932 <br />(f) Borrower shall not lease any portion of the Mortgaged Property for <br />non - residential use except with the prior written consent of Lender and Lender's prior written <br />approval of the Lease agreement. Borrower shall not modify the terms of, or extend or <br />terminate, any Lease for non - residential use (including any Lease in existence on the date of this <br />Instrument) without the prior written consent of Lender. Borrower shall, without request by <br />Lender, deliver an executed copy of each non - residential Lease to Lender promptly after such <br />Lease is signed. All non - residential Leases, including renewals or extensions of existing Leases, <br />shall specifically provide that (1) such Leases are subordinate to the lien of this Instrument <br />(unless waived in writing by Lender); (2) the tenant shall attorn to Lender and any purchaser at a <br />foreclosure sale, such attornment to be self - executing and effective upon acquisition of title to <br />the Mortgaged Property by any purchaser at a foreclosure sale or by Lender in any manner; <br />(3) the tenant agrees to execute such further evidences of attornment as Lender or any purchaser <br />at a foreclosure sale may from time to time request; (4) the Lease shall not be terminated by <br />foreclosure or any other transfer of the Mortgaged Property; (5) after a foreclosure sale of the <br />Mortgaged Property, Lender or any other purchaser at such foreclosure sale may, at Lender's or <br />such purchaser's option, accept or terminate such Lease; and (6) the tenant shall, upon receipt <br />after the occurrence of an Event of Default of a written request from Lender, pay all Rents <br />payable under the Lease to Lender. <br />(g) Borrower shall not receive or accept Rent under any Lease (whether residential or <br />non - residential) for more than two months in advance. <br />5. PAYMENT OF INDEBTEDNESS; PERFORMANCE UNDER LOAN <br />DOCUMENTS; PREPAYMENT PREMIUM. Borrower shall pay the Indebtedness when due <br />in accordance with the terms of the Note and the other Loan Documents and shall perform, <br />observe and comply with all other provisions of the Note and the other Loan Documents. <br />Borrower shall pay a prepayment premium in connection with certain prepayments of the <br />Indebtedness, including a payment made after Lender's exercise of any right of acceleration of <br />the Indebtedness, as provided in the Note. <br />6. EXCULPATION. Borrower's personal liability for payment of the Indebtedness <br />and for performance of the other obligations to be performed by it under this Instrument is <br />limited in the manner, and to the extent, provided in the Note. <br />7. DEPOSITS FOR TAXES, INSURANCE AND OTHER CHARGES. <br />(a) Borrower shall deposit with Lender on the day monthly installments of principal <br />or interest, or both, are due under the Note (or on another day designated in writing by Lender), <br />until the Indebtedness is paid in full, an additional amount sufficient to accumulate with Lender <br />the entire sum required to pay, when due (1) any water and sewer charges which, if not paid, <br />may result in a lien on all or any part of the Mortgaged Property, (2) the premiums for fire and <br />other hazard insurance, rent loss insurance and such other insurance as Lender may require under <br />Section 19, (3) Taxes, and (4) amounts for other charges and expenses which Lender at any time <br />reasonably deems necessary to protect the Mortgaged Property, to prevent the imposition of liens <br />on the Mortgaged Property, or otherwise to protect Lender's interests, all as reasonably estimated <br />from time to time by Lender. The amounts deposited under the preceding sentence are <br />collectively referred to in this Instrument as the "Imposition Deposits ". The obligations of <br />01- 327514.1 <br />FANNIE MAE MULTIFAMILY SECURITY INSTRUMENT - <br />NEBRASKA <br />Form 4028 4/98 Page 10 <br />
The URL can be used to link to this page
Your browser does not support the video tag.