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89106829
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Last modified
3/7/2012 4:24:33 PM
Creation date
10/20/2005 10:25:50 PM
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DEEDS
Inst Number
89106829
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� <br /> � �..� <br /> I <br /> ` 89--- i�682 Q <br /> � irravoeably waive�s any auch right, which it may now or <br /> hereafter Raqulre, any rigbt to clai[n damagea or other rellef <br /> ' based upon infringement ther��af in the ovent tbat Mortgagee <br /> or any purohaser upon forecloaure or other succeesor owna <br /> and operatea tbe Callateral �r any pai't thereof ae s food � <br /> � proceesing or atorage facility at any time in the future. <br /> Section 2.34 Mort�aRor's Rl�ht to Provide �u�� Substitution oi Collateral. In <br /> the event of any propoaes�l s�e of t�ae Collateral so long se <br /> Mortgagor is not in default �nnder th� .terms of thia Mortgage, <br /> � Mortgagor ahall have the r9�Aa3 to subatitute or cauae to be <br /> substituted in place of the Coliater�►1 anather refrigerated <br /> warehouse facility and rel�ted equipment owned by the <br /> 1V�ortgagor or one or more af the entlties comprieing Mill�rd <br /> under an inatrument subiecting such subatitute Paaillty �nd ; <br /> related collateral to a firat mortgage lien or fir$t deed of truet � -__ <br /> t �'- <br /> interest (at Mortgagee's election) and a first llen security � <br /> ; <br /> � <br /> interest to secure the Note and the Guaranty upon .�. <br /> substantislly the same terms and conciftLvns as are provided for � <br /> in this Mortgage, provided that, t2xe ratio of the aggregate <br /> principal loan amount for the Note and all other notes secured ; <br /> . ,�i <br /> � by the Guaranty to the value of all collateral furnished to � <br /> • Mortgagee with regpect to the Note and such other notas, upon �- <br /> . � <br /> . such subatitution, after giving effoct thereto, shall not be less , __ <br /> I than such ratio fmmediately prior to auch substitution. In the � <br /> evont of any auch propased substitut�on Mortgagor shall give � � <br /> notice to Mortgagee of the proposed aubstitution, shall provide <br /> '. evidence of title satisfactory to Mortgagee showing that a first <br /> 38 <br /> ' �==---= <br /> i <br /> W i <br /> S <br /> � ' � � <br />_ f� <br /> {. <br /> ` ��!' <br /> �•. .. <br />� L_ �! <br />
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