My WebLink
|
Help
|
About
|
Sign Out
Browse
84005448
LFImages
>
Deeds
>
Deeds By Year
>
1984
>
84005448
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/20/2008 9:56:08 PM
Creation date
11/20/2008 9:56:05 PM
Metadata
Fields
Template:
DEEDS
Inst Number
84005448
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
36
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
<br />'84 -1}05448 <br /> <br />(b) The Collateral is to be used by the Issu~r solely <br />for business purposes, being installed upon the Premises for the <br />Issuer's own use or as the equipment and furnishings fur~ished by <br />the Issuer, as lessor, to the Company. as lessee. <br /> <br />(c) The Collateral will be kept at the Premises and <br />will not be removed, sold, assigned or transferred therefrom by <br />the Issuer or any other person without the prior written consent <br />of the Bondholder (being the "secured party" as that term is used <br />in the UCC), which consent shall not be unreasonably withheld, <br />and the Collateral may be affixed to the Premises but will not be <br />affixed to any other real estate. <br /> <br />(d) Proceeds of the Collateral are also covered by the <br />lien of this Mortgage 7 however, such provision shall not be <br />construed to mean that the Bondholder consents to any sale of the <br />Collateral. <br /> <br />(e) No financing statement covering any of the <br />Collateral or any proceeds thereof is on file in any public <br />office except pursuant hereto7 and the Issuer will at its own <br />cost and expense, upon demand, furnish to the Bondholder such <br />further information and will execute and deliver to the <br />Bondholder such financing statemeL and other documents in form <br />satisfactory to the Bondholder ._,~ will <';0 all such acts and <br />things as the Bondhol....;.e:.!. may cl.~ any time or from time to time <br />reasonably request or as may be necessary or appropriate to <br />establish and maintain a perfected security interest in the <br />Collateral as security for the indebtedness hereby secured, <br />subject to no adverse liens or encumbrances, other than Permitted <br />Encumbrances 7 and the Issuer will pay the cost of filing the same <br />or filing or recording such financing statements or other <br />documents, and this instrument, in all public offices when filing <br />or recording is deemed by the Bondholder to be necessary or <br />desirable. <br /> <br />(f) Upon an Event of Default hereunder and at any time <br />thereafter (such default not having previously been cured), the <br />Bondholder at its option may declare the indebtedness hereby <br />secured immediately due and payable, and thereupon Bondholder <br />shall have the remedies of a secured party under the UCC, <br />including, without limitation, the right to take immediate and <br />exclusive possession of the Collateral, or any part thereof, and <br />for that purpose may, so far as the Issuer can give authority <br />thereof, with or without judicial process, enter (if this can be <br />done without breach of the peace) upon any place where the <br />Collateral or any part thereof may be situated and remove the <br />same therefrom (provided that, if the Collateral is affixed to <br />real estate, such removal shall be subject to the conditions <br />stated in the UCe); and the Bondholder shall be entitled to hold, <br />maintain, preserve and prepare the Colla cera 1 for sale, unti 1 <br />disposed of, or may propose to retain the Collateral subject to <br />the Issuer's right of redemption in satisfaction of the Issuer's <br />obligations, as provided in the uec. The Bondholder without <br /> <br />"r <br />-4..::;- <br /> <br />u <br /> <br />L <br /> <br />~ <br /> <br />L <br />
The URL can be used to link to this page
Your browser does not support the video tag.