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84~--"`)G0Q~3
<br />WfflNiEA3, the Mortgagor now awes n telephone system and other Sac31i-
<br />tles identified in the Property Schedule contained is the granting clause
<br />hereof (hereinafter called the "Existing Facilities"}; and
<br />HEESEAS, the Government and the Beak are authorized to enter into
<br />this tdort8~; ~ •
<br />tiBBiiSAB, to the- extent that any oP the property described or referred
<br />to la this Mortgage is governed'*,~ the provisions of the Uniform Commercial
<br />Code of say state (hereinafter called Lhe "Uniform Commercial Code"), the-
<br />parties hereto desire that this MDrtgnge be regarded as a "security-agreement"
<br />and as a "financing statement" for snid security agreement under the Uniform
<br />Comooereial Code;
<br />NCH, TIfEREE'ORE, ~, MORTC,AGE NIRNF53ETIi that, is order to secure
<br />the payment of the principal oP and iatereat oa the notes, according to their
<br />tenor end effect, and further to secure the-due performance of the covenants,
<br />agreements:and provisions contained is this Mortgage sad-the Consolidated I,oaa
<br />Agreement and to declare the terms and conditions upon which the notes are. to
<br />be secured, the Mortgagor, is cocuideration of the premises, has executed-:and
<br />delivtred this Mortgage, and has granted, bargained, sold, conveyed, varreated,
<br />asaigaed, transferred, mortgaged, pledged and set over, sad by these presents
<br />does hereby grant, bargain, sell, convey, werreat, assign, transfer, mortgage,•
<br />pledge and net-over, unto the Mor:gageea, sad their respective assigns, s7:1
<br />and singular the following-described property (hereinafter sometimes celled
<br />the 'Mortgaged Property"j:
<br />All right, title and interest of Lhe Mortgagor in and to tht L~Scisting
<br />Facilities sad buildings, plants, works, improvements, structures, estate>, grants,
<br />iranchiaes, aaaemeats, rights, privileges and psopertles real, personal sad mixed,
<br />tangible or intangible, of every kind or description, now owned by the Mortgagor
<br />or which MY hereafter be owed, c:anatructed or acquired by the Mortgagor, wherever
<br />located, and in and Lo all extensions and improveoeata thereof and edditians
<br />thereto, including all buildings, pleats, worlu, structures, 1s+provementa, fix-
<br />tures, apparatus, materials, supplies, machinery, tools, implements, polra, poets,
<br />crossarmt, conduits, ducts, lines, whether underground or overhead or otherwise,
<br />wires, cables, exchanges, switches, desks, testboarda, frames, racks, motors,
<br />generators, batteries and ether items of central office equipment, subscriber
<br />station equipaieat, iac3.udiag house wiring sad protactora, inativmeats, conaectioas
<br />sad agpliances, office furniture and equipment, work equipment sad any and all
<br />other proipersy of every kind, nature and description, used, useful or acquired for
<br />~ by the Mortgagor is conaectien therewith sad including, without limitation, the
<br />property described 3a the following property schedule:
<br />. ~ _
<br />Pons - -orig. to~on Rs'A -'Pal. Eaa1[ Mfg, ~~T2
<br />
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