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<br />or in the Impravements, and any operating a�reements relating ta the Land or the Improvements,
<br />and any surveys, plans and specifications and contracts far architectural, engineering and
<br />canstructian services relating to the Land or the Improvements and all other intangible property and
<br />rights relating to the operation of, or used in connection with, the Land or the Impxovements,
<br />including all governmental permits relating to any activities on the Land.
<br />(w) "Property Jurisdiction" is defined in. Section 30(a).
<br />(x) "Rents" means all rents (whether from residential or nvn-residential space),
<br />revenues and other income af the Land or the improvements, including subsidy payments received
<br />from any sources (inc:luding, but not limited to payments under any ���ousing Assistance Payments
<br />Contract), parking fe�s, laundry and vending machinc income and fees and chargcs for food, hcalth
<br />care and other services pravided at the Mortgaged Property, whether now due, past due, or to
<br />b�com� due, and deposits farfeited by t�nants.
<br />(y) "Taxes" means all taxes, assessments, vault rentals and other charges, if any,
<br />general, special or otherwise, including all assessments for schools, public betterments and general
<br />or local impravements, which are levied, assessed or imposed by any public autharity or quasi-
<br />public authority, and which, if not paid, will become a lien, on the Land ar the Improvements,
<br />(z) "Transfer" means (A) a sale, assignment, transfer, or other disposition (whether
<br />voluntary, invaluntary ar by operation of law); (B) the gi�ant, creatian, or attachment of a lien,
<br />encumbrance, ar security interest (whether voluntaiy, involuntary or by operation of law); (C) the
<br />issuance or other creation of a direct or indirect ownership 'rnterest; or (D) the withdrawal,
<br />retirement, removal nr involuntary resignation of any owner or manager of a legal entity.
<br />(aa) "Bankruptcy Event" means any onc or more of the following: (i) the
<br />cammencement af a voluntary case under one or more af the Insalvency Laws by ihe Borrawer;
<br />(ii) the acknawledgment in writing by the Borrower that it is unable to pay its debts generally as
<br />they mature; (iii) the making of a general assignment for thc benefit of crEditors by the Borrower;
<br />(iv) an invaluntary case under one pr more Insalvency Laws against thc Borrower; (v) the
<br />appointment af a receiver, liquidatar, custodian, sequestrator, trustce or other similar ofticer who
<br />exercises control over the Borrower or any substantial part of the assets of the Borrowcr provided
<br />that any proceedin� or case under (iv) ar (v) abave is nat dismissed within 90 days after filing.
<br />(bb) "Borrowcr Affiliatc" m�ans, as to either Borrower ar Key Principal, (i) any entity
<br />that directly or indirectly owns, controls, or holds with power to vate, 2� percent nr more of the
<br />autstanding voting securities of Borrawer or of Key Principal, (ii) any corporation 2Q percent ar
<br />more of whase autstanding voting securities are directly or indirectly awned, controlled ar huld
<br />with pawer ta vote by �orrower ar by Key Principal, (iii) any partner, shareholder or, if a limited
<br />liability company, member of Borrower ar Key Principal, or (iv) any other entity that is related
<br />(to the third degree of consanguinity) by blood or mazria�e ta Barrawer or Kcy Principal.
<br />FANNIE MAE MULTIFAMILY SECURITY INSTRUMENT - Form 4028 06/09 Ppge 6
<br />NEBRASKA
<br />� 1997-2p09 h'annie M�c
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