My WebLink
|
Help
|
About
|
Sign Out
Browse
200412422
LFImages
>
Deeds
>
Deeds By Year
>
2004
>
200412422
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/17/2011 12:39:22 AM
Creation date
10/21/2005 6:57:31 AM
Metadata
Fields
Template:
DEEDS
Inst Number
200412422
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
20
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
Name and address of Mortgagor: <br />SEC Accommodator XXIX, LLC <br />13924 Gold Circle <br />Omaha, Nebraska 68144 <br />Federal Tax I. D. No.: <br />Organization No. 1 O O 51 (v <br />Name and address of Secured Party: <br />U.S. Bank National Association <br />1015 St. Germain St. West <br />St. Cloud, MN 56301 <br />200412422 <br />Description of the types (or items) of <br />property covered by this Fixture Filing: <br />See granting clause on pages 2, 3 hereof. <br />Description of real estate to which the <br />collateral is attached or upon which it is or <br />will be located: <br />See Exhibit A hereto. <br />Some of the above - described collateral is or is to become fixtures upon the above described real <br />estate, and this Fixture Filing is to be filed for record in the public real estate records. This Mortgage <br />secures an obligation incurred for the construction of an improvement on land and is a Construction <br />Security Interest within the meaning of Neb. Rev. Stat. Section 52 -127. <br />5.10 Limited Recourse. Notwithstanding anything to the contrary herein, prior to completion <br />of the exchange in performance of the Exchange Agreement: <br />5.10.1 Mortgagee hereby waives any right to obtain a money judgment against SEC <br />Accommodator XXIX, LLC, (referred to in this section as the "Exchange Entity') and any and <br />all members, shareholders, partners and employees of the Exchange Entity, whether by an <br />action under the terms, conditions, covenants, representations or warranties of this Mortgage, <br />the Note, or any other Loan Documents, or an action brought for a deficiency judgment against <br />the Exchange Entity and/or the members, shareholders, partners and employees of Exchange <br />Entity, and agrees that the extent of liability on the part of such parties with respect to this <br />Mortgage and any other loan document is and shall for all purposes be limited to the interest of <br />Exchange Entity in the Land, including policies of hazard insurance on the Land and any <br />proceeds thereof and any award of damages on account of condemnation for public use of the <br />Land, Mortgagee agreeing to look solely to Exchange Entity's interest in the Land and such <br />insurance polices and condemnation awards in satisfaction of all obligations. The foregoing <br />waiver shall pertain to the Exchange Entity and its members, shareholders, partners and <br />employees only, and to no other mortgagor or borrower. <br />5.10.2 This Section shall not release, reduce, hinder or modify in any respect the <br />liability of the Borrower, and the Borrower shall be and remain fully liable and obligated under <br />the Note, the Loan Agreement, and all other documents and agreements incident or related to <br />this Mortgage. <br />December 22, 2004 17 <br />F: \Data\21590 \Mortgagc008.wpd <br />
The URL can be used to link to this page
Your browser does not support the video tag.