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202500373
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1/23/2025 10:52:34 AM
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1/23/2025 10:52:32 AM
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DEEDS
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202500373
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(g) <br />202500373 <br />subsidy or similar payments received from any sources, including a Governmental <br />Authority. <br />Any rights of Borrower in or under letters of credit. <br />"Property Jurisdiction" means the jurisdiction in which the Land is located. <br />"Rents" means all rents (whether from residential or non-residential space), revenues and <br />other income of the Land or the Improvements, parking fees, laundry and vending <br />machine income and fees and charges for food, health care and other services provided at <br />the Mortgaged Property, whether now due, past due or to become due, and deposits <br />forfeited by tenants, and, if Borrower is a cooperative housing corporation or association, <br />maintenance fees, charges or assessments payable by shareholders or residents under <br />proprietary leases or occupancy agreements, whether now due, past due, or to become <br />due. <br />"Taxes" means all taxes, assessments, vault rentals and other charges, if any, whether <br />general, special or otherwise, including all assessments for schools, public betterments <br />and general or local improvements, which are levied, assessed or imposed by any public <br />authority or quasi -public authority, and which, if not paid, will become a Lien on the <br />Land or the Improvements. <br />2. Uniform Commercial Code Security Agreement. <br />(a) This Instrument is also a security agreement under the Uniform Commercial Code <br />for any of the Mortgaged Property which, under applicable law, may be subjected <br />to a security interest under the Uniform Commercial Code, for the purpose of <br />securing Borrower's obligations under this Instrument and to further secure <br />Borrower's obligations under the Note, this Instrument and other Loan <br />Documents, whether such Mortgaged Property is owned now or acquired in the <br />future, and all products and cash and non -cash proceeds thereof (collectively, <br />"UCC Collateral"), and by this Instrument, Borrower grants to Lender a security <br />interest in the UCC Collateral. To the extent necessary under applicable law, <br />Borrower hereby authorizes Lender to prepare and file financing statements, <br />continuation statements and financing statement amendments in such form as <br />Lender may require to perfect or continue the perfection of this security interest. <br />(b) Unless Borrower gives Notice to Lender within 30 days after the occurrence of <br />any of the following, and executes and delivers to Lender modifications or <br />supplements of this Instrument (and any financing statement which may be filed <br />in connection with this Instrument) as Lender may require, Borrower will not <br />(i) change its name, identity, structure or jurisdiction of organization; (ii) change <br />the location of its place of business (or chief executive office if more than one <br />place of business); or (iii) add to or change any location at which any of the <br />Mortgaged Property is stored, held or located. <br />Nebraska <br />Multifamily Deed of Trust, Assignment of Rents <br />and Security Agreement <br />Page 8 <br />
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