Laserfiche WebLink
<br />84 -^" i~G016s <br />(D) One certain Loan and Security Agreement between <br />the Burke Energy Corporation and Bank dated. July 16, <br />1981 {hereinafter referred to as the "Loan Agreement"); <br />{E) A1L indebtedness,. obligations and liabilities <br />arising pursuant to the provisions of this Mortgage, <br />and any and-all renewals, increases, substitutions, con- <br />solidations or extensions of any such item of indebt- <br />edness, or any part thereof; <br />(F) All loans and advances which Bank mav:herea£ter <br />make to Burke Energy Corporation, and any and all renewals, <br />increases, substitutions, consolidations or extensions <br />of the same, or any part thereof; and <br />{G) All other and additional debts, obligations <br />and liabilities of every kind and character o£ Burke <br />Energy Corporation, now or hereafter existing in favor <br />of Bank, regardless. of whether such debts, obligations <br />and liabilities. be direct or indirect, primary or <br />secondary, joint, several or joint and several, fixed <br />or contingent, and regardless of whether such present <br />or future debts, obligations and liabilities may, <br />prior to their acquisition by Bank, be or have been <br />payable to, or be or have been in favor of, some other <br />person or have been acquired by Bank in a transaction <br />with one other than Mortgagor, together with any and <br />all renewals, increases, substitutions, consolidations <br />and extensions of such debts, obligations and liabili- <br />ties, or any part thereof (it being contemplated that <br />Bank may lend additional sums of money to Burke Energy <br />Corporation from time *_o time, but shall not be obl~- <br />gated to do so, and that all such additional sums an. <br />loans shall be part of the Secured Indebtedness). <br />The expression "Secured Indebtedness," as used herein, <br />shall mean all the. indebtedness, obligations and liabilities <br />described or referred to above in Subsections (A) through <br />(G), inclusive, of this Article II. <br />Following the execution and delivery of this Mortgage, <br />the rights of any other entity which may acquire any rights, <br />title, lien or interest in and to the Mortgaged Property, or <br />any part thereof, shall be subordinate and inferior to the <br />rights of Mortgagee, its successors, representatives, heirs <br />and assigns, securing each, every and all of the indebtedness <br />hereinbefore mentioned. <br />ARTICLE III <br />SPECIAL COVENANTS <br />Mortgagor covenants, agrees and specifically under- <br />takes hereby: <br />{A) to pay, or cause to be paid, before delinquent, <br />all law£ui taxes and assessments of every character in <br />respect of the Mortgaged Property, or any part thereof, <br />and.-from time to time, upon request of Mortgagee, to <br />furnish. to Mortgagee. evidence satisfactory to Mortgagee. <br />of the. timely payment of such taxes and assessments; <br />(B) to comply with, or cause to be complied with, <br />all valid gouernFaental laws, ordinances. and regulations <br />applicable., to the Mortgaged Property .and its ownership, <br />uae and Qperation, and to comply with, or cause to be <br />complied-with, all, and not violate any, easements, <br />restrictions, agreements, covenants aad conditions with <br />-g_ <br />rs.~;~ <br />