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<br /> � (i) If to Mortqagor: �
<br /> TIC United Cosp. ,,, . . ,
<br /> 4645 North Central. Expressway
<br /> • Dal�las, Texas ?52G5 , � '
<br /> � , Attn: Presiderft � � . ,
<br /> If to Mortgagees • �
<br /> Washinqton Square Capital, Inc. - �
<br /> Suite 440
<br /> 512 Nicollet Mall �
<br /> Mfnneapolis, Minnesota 55440
<br /> Attn: Jack L. Hart, Vice Presfdent ,
<br /> with a copy to:
<br /> David G. Crumbaugh, Esq.
<br /> � . Winston & Strawn
<br /> 35 West Wacker Dri�re -
<br /> Chicago, Illinois 50601 �
<br /> SECTION 4.3 Ccvenants to Run with the Land. . Ali of the
<br /> .c�sants, covenants, tem¢s, provisions and conditions in this
<br /> ;.�isrtgage shall run with the ].�rc� and shall apply to, bind anc� inure
<br /> t�;�he benef it of, the success�ss and assigns of Mortgaqor.. ; � �;
<br /> . �. : ;,
<br /> SECTION 4.4 C oa tfons� Genaer and 1�3umber. The ca�tfons � . _
<br /> and section headings of this Mortgage are for conve�ience oFr�.� and
<br /> are not to be used to interpret or define t�e provisions ����f. �
<br /> . ?�la�terms contained here�a: sha��.B. he canstrue�o ;�heneve� tt�e c��text � -
<br /> o� this Mortgage so requires, so that the sinqular shall be
<br /> emnstrued as the plura�. ara� so that the raasculaa�e shall� be � :♦�
<br />, �onstrued as the feminine. ;.�:
<br /> �
<br /> • SECTION 4.5 �,imita��.on on Interest Payah�e_ Z�� is the
<br /> i�tenticn of the Mortqaqee and Mortqaqor to comply with the laws � �
<br /> af the State of Minnesota, and notwithstanding any provision to .; •
<br /> the contrary contafned in the �.oan Documents, �he Mortqagc� shall
<br /> . ar�t be require�. �v pay and t�re Mortqagee shalg' not be pe=ms�+ted to
<br /> �ollect any �atitount in exces� of the maximum amount of i���rest ���
<br /> : . • permitted by law (��Excess In�erest") . If any Excess Intesest is � "`°
<br /> ; _ provfded for or determitaed tca �ave been providecl fAr by a caurt of :'.�'."
<br />- , c�mpetent juzisdiction in the II.oan Documents, then in suc�n event
<br /> (A) the provisio�s o� ttais subgaragraph shall govern and cmaotrol; ,
<br /> (B) neither the Mortgaqor nor any guarantor or endorser sI�all be �
<br /> obligated to pay any Excess interest; (C) any Excess Interest that
<br /> the Mortqaqee may have received hereunder shall be, at the
<br /> Mortgagee�s optfon, (i) applied as a credit against th� outstanding
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<br /> fnterest (not to exceed the maximum �mount permftted by law) , (2j
<br /> -28- .
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