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85-.. 004553 <br />Exhibit "A" attached hereto and incorporated herein by this <br />reference (herein called the "Land "); (ii) acquiring, <br />improving, rehabilitating and equipping certain facilities <br />thereon (herein called the "Building" or "Buildings "); and <br />(iii) acquiring certain items of machinery, equipment and <br />other personal property to be installed or used in the <br />Building or on the Land (herein called the "Equipment "), <br />listed on Exhibit "B" attached hereto and incorporated <br />herein by this reference (the Land, the Building, and the <br />Equipment, as they may at any time exist, collectively <br />referred to as the "Project "), and of paying the expenses of <br />the bond issue; and <br />WHEREAS, the Issuer has undertaken to loan the proceeds <br />from the sale of the Bond to the Borrower pursuant to a <br />certain Loan Agreement (the "Agreement ") dated as of <br />September 1, 1985, said loan to be evidenced by a Series A <br />Note and a Series B Note in the aggregate principal sum of <br />Six Hundred Fifty Thousand Dollars ($650,000) (collectively, <br />the "Notes ") dated as of September 1, 1985; and <br />WHEREAS, the terms of the Notes are identical with the <br />terms of the Bonds, as to principal prepayment dates and <br />amounts, interest rates and prepayment provisions, except <br />that principal and interest payments to be made pursuant to <br />the first paragraph of the Notes are to be made five (5) <br />days before such principal and interest become payable on <br />the related Bonds; and <br />WHEREAS, Additional Bonds may be issued by the Issuer <br />pursuant to the Indenture and Additional Notes may be issued <br />by the Borrower pursuant to the Agreement (such Additional <br />Notes and the Note hereinafter collectively referred to as <br />the "Notes "). The Bonds and the Additional Bonds will be <br />secured by the Notes; and <br />WHEREAS, as further security for the payment of the <br />Bonds the Issuer has, pursuant to the terms of the Inden- <br />ture, assigned all its right, title and interest in and to <br />the Notes, the Agreement and this Mortgage to the Trustee. <br />GRANTING CLAUSES <br />NOW, THEREFORE, the Borrower, for the purpose of secur- <br />ing the payment of the Notes and all amounts now owed and <br />hereafter owing under the Notes according to their tenor and <br />effect and this Mortgage and the faithful performance and <br />observance by the Borrower of all the covenants, conditions, <br />stipulations and agreements therein and herein contained, in <br />consideration of these premises and other good and valuable <br />consideration, the receipt and sufficiency of which are <br />hereby acknowledged, hereby grants, bargains, sells, con- <br />veys, transfers, assigns, sets over, mortgages and ,grants to <br />the Issuer a security interest in all right, title and <br />interest of the Borrower: <br />-2- <br />