|
�� � .�. _�Y��r ''}d.�C — . . `'C ` c .` f � _.'
<br /> -�_ . < ..
<br /> _� �
<br /> -.� c , < -_ �. ' .- -. - . .
<br /> .. . ' 'o_ " � . __' _':._t .��_.._-•-----. ,.�4"7 .�. . ,..
<br /> .r���. S�; —1��`. . ` . . ` � a �_ .. '" ' " . __. . _S _. ,... < _ " ' "' ' ` ' _ c(4 ._.._. . . '
<br /> ' ' 'f• < t C " _ , . '" . ''
<br /> .�� (�i t - , . � . . � ' C . . �. < . ` '� . � [ . . ' ��1
<br /> ' '_ " '_ _ .. ` � " _. � ( . . . - . . . . � . . t _''' _,. . . _ '. ."'} ' ` ' \ ' � . . , 4 .
<br /> . . . ' O . ` . [� � - t' , � ' - ' . , . ,
<br /> � . �, + �4 .
<br /> ' .` C . . �. . r. , � ' . , ` ' ` ' � , r .`i�� ,�`� r � C` � .
<br /> � Notes�to e�sidet�e� 2oxns aade bg the Hors�a�ee to tl}e�liort�or�. �Ths . . .
<br /> _ •' l�a;tSaaoi. vhen"authorized by rssolntion o� �tf�boud of diractas�. aay �sc . . - _
<br /> ` froa ti�e ea tfae. aiecnte �d daliv+l� one or atore<Addi�iana7. HoEas .to rafimd • •'
<br /> " ury �Tote at tfia tfae ov�tstaading a�id s�c�rad'&eseby, or i�re�reral of, or iri • ' �
<br /> - - �_ �. .
<br /> _.� - _ • � �:saDstttatio� fb�.. any� �ch o�csean{i.fn� xace. �Xdditional Hot�s`3s1{i��'�corirain : : - �
<br /> =� au� prc�risfoAs and�s�all tta' a=ecnted a�d �sliveted vpott su� �s a�
<br /> - - � ` . �ondit�ons as� the board oE direat�rs af tha �ortgabar�ia'the resoiv�tfoa ' � <
<br />=�y r� � � � ' • ' authori�iaa.tT�e—�zecutfan u�d ds�ivary' ttiereof and the ltort6agee shall , . `
<br />"r-� . presrari6e, P�vided., ha�ever. ctist nc Nota s�i2 watara �wra �thaa �i fty�i5r0) �. . .
<br /> - - , y�ars.sfltar tbe dataa herao�. Additi�oua�,Aote�, f�eludi��stfw�dfrsa, Yeaeval . �
<br /> - --- md aubgtftu� Notes� vhaa as�d a�' e�cecuted snd dalivered. sball De,secured bp ,
<br />� �� � this.�tort888e. e9uallY a�d.�atably vit�all ottter Notes at the tf�e � .
<br /> ���' outstandi,ng,�vitflaut preference,�-prior.�ry, or distfnction_of aay of the Notes
<br /> �' � . oyer au3r other of the Notea by reason of the prioritjr of [Zu tis�e of-t14e �
<br /> �' ` e��ecntion� delivery or satutity �t�es�eof or of tIfe,assig,anent or negotiatfon � . ' ."
<br /> � Lbereof. �AS used in tLis l�ortgage. the texa "directors" inciudes �rustees. '
<br /> __ - -�� • ` SECfION F.Q'1. �uo�ilenKntal Hort�ages�to Canffrn Security: The , � --
<br /> ' ' � � � . ' ltortgago�t. �ten authorfzed by resolution of its board of dfrectors, aay fioa .
<br /> - tise to tise eicecute� acknovledge, deliver, record and file �rtgages ��
<br /> _ . ,��=s�s"�' ' suPplew�eatal to this K+��rtgage vhicb thereafter shall forn a part hereof, for . � --
<br /> - �=�- ���'�'� �r.•~'�: the purpose of foraially confis�ing t6is ltortgage as security for the�Notes. m=—
<br /> ��.._��, , —
<br /> _; � ' . ' �=. ==_
<br /> _ . . ,,��`p 4 - • - • AItTiCLE �TII - - - - .- - __ . - .. . , �� _
<br /> �,.�
<br /> . ,, ,• : • .' . • . ���_-
<br />- . _. PARTIC[tIAR CAVENANTS OF TliE KORTGAGO� _ �-_:Y�-Y_
<br /> ' .f�� . . . ' � l ! -_,
<br /> J �
<br /> . , ;� . ' .The Kortgagor aovenauts with the Kostgagee as follovs: , �j -_:_
<br /> . ` . . ��=.
<br /> � �� . '. SECTION 3.01. ' Authoritv to Exeeute and Deliver Notes and .�;�f_-
<br /> . . �'__-
<br /> ' � . - � � , Kor ¢aaes� �All Action Taken_ Enforceabl� �bli�atiot�s� The Mostgagoi is duly �=�-��
<br /> � � � ' ° . authorized undes its articles of incorporatioa and by-Iaws •and the lavs of the �- � `��''�=
<br /> . -. . .: Stata of its fneorporation amd all other applicable provisions of la�► to ...:;:,f i;.
<br /> .� �'T""
<br /> � • . ' exe�ute and deliver the First Note sud this Mortgage aud to execute and .
<br /> . u
<br /> - ,, • deliver Additional Notes; and all corporate action oA its part fos the
<br />" � - - . - �executioa aad delivery af the First Note and this Mortgage has been duly and �_ _ '
<br /> •` � �� � ' effectively taken; and the First Note and this Mortga�e are the valid aad '. .��
<br /> ��.. ' . - ., enforceable obligations of the Mortgagor in accordaate with their respective f -
<br /> �'i � � tela8. . ' .
<br />,.,� .L , _ . .. �� �u :
<br /> � SBCTIQN 3.02. Authoritd to Mortgage Prope�ty: No..Liens:
<br /> t
<br /> � Exception fo Permitted Encumbrances: Mort�a¢or to Defend Title a�d Remova �
<br /> . .. . , .. . ,.; ;,._ •_ _ ._._. _ .
<br /> � Liers: T!►e Mortgagor warrants that it bas good, rigbt and lawful authority to
<br /> ', � ' f� aortgage the property described in the graating clauses of this Martgage for. ` .
<br />� the purposas herei� e�cpressed, aad that the asid property is free and clear of � , � � • '
<br /> ary dead of trw.st, mortgage, lier. chazge or,eacumbrance thereon or affecting t
<br /> '4 ',F,{.; ,. ,:_ . ' 'the titl� thereto. except (i) the lien�of shis �Iortgage and caxes or � � � �_ _.._
<br /> ' 4. j assessments not yet due; (ii) deposits or pledges to secure payment of f '
<br />�• " ; vorkmen's compensatioa, unemployment insuranee, old age pens.ions ot otl�er � � , .
<br /> - . . soeial security; and (iii) deposits or pledges to secure performance of bids. '•
<br />�; �� - " � �--�- 1 tenders, contsacts (other than contracts fox the payment of borrowed moaey), � � '
<br /> =� =� -� - ' � ; leases, public os atatutory obligations, surety or appeal bonds, or other , •
<br /> ��. .. � -
<br />_ , � . � • - � .. 4 . , • • .
<br /> �' . � _ .. ... � � � � �..
<br /> - �:. . .� . :
<br />_- .-- -� . . --.-.,---. .
<br /> _ . . � � _ . . � . .
<br /> . ..
<br />�. . .. �
<br /> M .
<br /> �:- .: . , _ . .
<br /> _ . _--- --- - . , . . .
<br /> � :. . . ._ . . . . � ,. .
<br /> � - -
<br /> � � � _. _._- -..----- .---.----- ----- - . _ _ , . _ _ ._ ---- - - ---- .,--- .__ _..._ .--. -- .- - - -- -.-----.------._..
<br /> _� , : .
<br /> — _�� j � �. .
<br /> — ' _ .:..r.t. _, � .. •• . , . . . .. . ' . ' ' . ' • ' ,
<br /> .y.' _" ._' ._ __ . , _ ._ _. . _ . . _ . ... _.. ._ . - . . _ •. , _ . ... . . _ . . : _ . � ' . .. .. . _
<br /> _�-. .'t - _ —"- .�ii_`-' ..- . -..—�.---- - - . -' ,.•.. ` ., , ' .. 1 »• '` . . . , ' , ' (f - . ' . , .. 1 . � . . .
<br /> �� : :. . '.. . . . ' • , . ' � - ' •; . , .
<br /> i ;,:iPf�_�_ . . • . • ' � � . : • �. • ` • . . ' � . • . , .
<br /> z. '�:. . . . .,�. _�.- .. . - ---
<br /> . . . -----�------- _ � __. ------ -----
<br /> . � -- --- - - -
<br /> • _�'— — — ---- - -_ -- -- - ---
<br /> 4 .. 1 . • . , . ' ' . . . . . . . . . _ '
<br /> -� . � � , ' . ' . , ' �� . ' .. , . . � , ' .., .. . . . . � ., t � ' � � '
<br /> 6. •� � � . ' ' .� • ' � . ' • . .. . 1 � � ' • � .4_ �,
<br /> _ _ . . ,. " ' . ' . .. "'l . . , ` " ' ' . . ' .
<br /> � �4��' , . .. � . . . _._' . �. , . . , . .._. .. . . . . " �
<br /> ' �.
<br /> .•
<br /> _ _ ...._
<br /> , .;� . . .._ ��,. . . . . , „�, , • . . . . ' ' •
<br /> .
<br /> - -�+e�. . � • • } �
<br /> . ..-._ •
<br /> . ...
<br /> �:,
<br /> _... _.�ti__., . . .. � • . . . - ' - -. � _ _ ._ _
<br /> ' . • ,. . � . . . . , .. � '_ . . ' _ . ' . . j. ,
<br />
|