Laserfiche WebLink
<br />200608706 <br /> <br />(G) "Loan" means the non-revolving line of credit commercial loan from Lender to <br />Borrower in the maximum principal amount of EIGHTEEN MILLION AND NO/IOO DOLLARS <br />($18,000,000.00). <br /> <br />(H) "Collateral" includes a first priority MOr;jge and/or Deed of Trust lien against <br />the real property invento described on Exhibit attached to that certain Loan <br />Agreement dated eP1 r 2:. Q by and between CRS Relocation LLC and Branch <br />Banking and Trust ompany of Virginia, together with a lien against the real property commonly <br />known as 1312 North Huston Avenue Grand Island, NE 68803 more fully described in Exhibit <br />.AI4- attached hereto and made a part hereof. <br /> <br />(I) "Riders" means all Riders to this Security Instrument that are executed by <br />Borrower. The following Riders are to be executed by Borrower [check box as applicable]: <br /> <br />o Adjustable Rate Rider <br />o Balloon Rider <br />o 1-4 Family Rider <br /> <br />o Condominium Rider <br />o Planned Unit Development Rider <br />o Biweekly Payment Rider <br /> <br />o Second Home Rider <br />o Other( s) [specify] <br /> <br />(J) "Applicable Law" means all controlling applicable federal, state and local <br />statutes, regulations, ordinances and administrative rules and orders (that have the effect of <br />law) as well as all applicable final, non-appealable judicial opinions. <br /> <br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, <br />assessments and other charges that are imposed on Borrower or the Property by a condominium <br />association, homeowners association or similar organization. <br /> <br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a <br />transaction originated by check, draft, or similar paper instrument, which is initiated through an <br />electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or <br />authorize a financial institution to debit or credit an account. Such term includes, but is not <br />limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by <br />telephone, wire transfers, and automated clearinghouse transfers. <br /> <br />(M) "Escrow Items" means those items that are described in Section 3. <br /> <br />(N) "Miscellaneous Proceeds" means any compensation, settlement, award of <br />damages, or proceeds paid by any third party (other than insurance proceeds paid under the <br />coverages described in Section 5) for: (i) damage to, or destruction of, the Property; <br />(ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of <br />condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the <br />Property. <br /> <br />(0) "Mortgage Insurance" means msurance protecting Lender against the <br />nonpayment of, or default on, the Loan. <br /> <br />CHAR1\764238_ I <br />