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84005448
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Last modified
11/20/2008 9:56:08 PM
Creation date
11/20/2008 9:56:05 PM
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DEEDS
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84005448
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<br />84 - 005446 <br /> <br />MORTGAG~ AND CONSTRUCTION SECURITY AGREEMENT <br /> <br />..... <br /> <br />Table of Contents <br /> <br /> <br />The Table of Contents set forth below for convenieft~>~~< <br />reference only and is not intended to define, lirnit.()rd~SC't~"" <br />the scope or intent or any provision of this Mdrtgaqli!'a;lt(ll' <br />Security Agreement. ' <br /> <br />Recitals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. .. <br /> <br />Parties.. . " .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 0 .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. e_ .. .. .. .. .; <br />Granting Clause...................................... <br /> <br />ARTICLE I <br /> <br />Section 1.01 <br />Section 1. 02 <br /> <br />ARTICLE II <br /> <br />Section 2.01 <br />Section 2.02 <br />Section 2.03 <br /> <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Secti on <br />Sectl.on <br />Section <br />Section <br /> <br />Section <br /> <br />ARTICLE III <br /> <br />Section 3.01 <br /> <br />Section 3.02 <br />Section 3.03 <br /> <br />L <br /> <br />2.04 <br />2.05 <br />2.06 <br />2.07 <br />2.08 <br />2.09 <br />2.10 <br />2.11 <br />2.12 <br />2.13 <br /> <br />2..14 <br /> <br />2.15 <br />2.16 <br /> <br />'" "'I.""! <br />L... ~ t <br /> <br />DEFINITIONS AND INTERPRETATION <br /> <br />Defined Terms......................... <br />provisions as to Interpretation....... <br /> <br />PARTICULAR COVENANTS OF THE ISSUER <br /> <br />First Lien.... ...................... <br />Pavment of d ~ If .. .. " ... .. r ., .. !O .. .-. .. .. .. .. .. .. .. . .. <br />E~~ensions vi Payment of Bond <br /> <br />and Interest......................... <br />Authority of the Issuer............... <br />Title and Possession.................. <br />Payment of Lawful Charges............. <br />To Complete the Project............... <br />To Maintain the Project............... <br />Concerning the Lease.................. <br />No Additional Bonds................... <br />Operation in Event of Respossession... <br />Not to Sell, Encumber or Pledge....... <br />To Observe Lawful Regulations......... <br />Further Assurances.................... <br />Proper Books and Records.............. <br />To Observe all Covenants and Terms - <br />Limitations on Issuer's Obligations.. <br />Construction Security................. <br /> <br />TAXES AND INSU~~CE <br /> <br />Taxes, Other Governmental Charges, <br />Liens and Utility Charges............ <br />Insurance.... ......................... <br />Advances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <br /> <br />i <br /> <br />L <br /> <br />L <br /> <br /> <br />4 <br />7 <br /> <br />8 <br />9 <br /> <br />9 <br />9 <br />10 <br />10 <br />10 <br />10 <br />11 <br />11 <br />11 <br />11 <br />11 <br />12 <br />12 <br /> <br />12 <br /> <br />12 <br /> <br />13 <br /> <br />, ~ <br />J.J <br />15 <br /> <br />L <br />
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