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200011180
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Last modified
10/13/2011 11:01:45 PM
Creation date
10/20/2005 10:48:30 PM
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DEEDS
Inst Number
200011180
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Insurance Premiums: All amounts required to be periodically paid by Borrower <br />to insurance companies approved by American Family, for all insurance coverages required by <br />the Loan Documents. <br />Insurance Proceeds: All proceeds of any insurance which Borrower may be <br />entitled to receive for loss or damage to the Premises, other than insurance proceeds from <br />insurance covering risk of loss from loss of rents and /or business interruption. <br />Knowledge: An individual will be deemed to have Knowledge of a particular fact <br />or other matter if: (a) such individual is actually aware of such fact or other matter; or (b) a <br />prudent individual could be expected to discover or otherwise become aware of such fact or other <br />matter in the course of conducting a reasonably comprehensive investigation concerning the <br />existence of such fact or other matter. <br />Late Charge: A late payment charge which results from the late payment of any <br />monthly installment payment or other regularly scheduled payments, including escrow deposits <br />required by the Trust Deed or other Loan Documents, for Impositions and /or Insurance <br />Premiums, or a late charge which results from Borrower's failure to punctually provide a Report. <br />to American Family as required under the Loan Documents. <br />Lease: Any lease, sublease, license, concession or any similar agreement, or any <br />renewal of any such agreement, whether written or oral, granting a possessory interest in the <br />Premises to any party other than Borrower, including any lease renewals, together with any <br />amendments or addenda to such agreement and any guaranty or guaranties of such agreement by <br />a guarantor or guarantors of any Tenants. <br />Levy: Any levy, execution or attachment of any nature. <br />Liens: Tax, construction, mechanics', materialmen's and other non - possessory <br />Liens of any nature. <br />Loan: The loan by American Family to Borrower in the original principal <br />amount of Five Million Six Hundred Fifty Thousand and No /100 Dollars ($5,650,000.00) as <br />evidenced by the Note of even date with this Trust Deed. <br />Loan Commitment: The letter issued by American Family Life Insurance <br />Company dated October 12, 2000, and accepted by Borrower on October 13, 2000, incorporating <br />various terms, provisions, conditions and requirements to be performed by or on behalf of <br />Borrower as a condition precedent to American Family advancing proceeds pursuant to such <br />letter and the Loan Documents. <br />Loan Documents: The Note, the Trust Deed, the other Mortgages of the Real <br />Estate securing the Note, the Guaranty, the Assignment, the other Assignments securing the <br />R <br />
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