|
201100260
<br />(b) "Collateral Agreement" means a.ny s�pa� agreement between Borrower and
<br />Lend�r far the purpose o£ establishing replacement reserves for the Mortgaged Property,
<br />establishing a fund to assure campletion of repairs or impxovements speci�ed in that agreement,
<br />or assuring reduction of the autstanding principal balance of the Indebtedness if the occupancy of
<br />or income from the Mart�aged Property d�es not increase to a level specired in that agreement,
<br />or any other agreement or agreements between Borrower and I.ender which provide for the
<br />establishment of any other fund, reserve or account,
<br />(c) "Environ�nental Permit" mcans any permit, license, or other autharizatian issued
<br />under any Hazardous Materials Law with respect to any activities or businesses conducted on or
<br />in relation to the Martgaged Praperty.
<br />(d) "Event of Default" means the occurrence af any event listed in Section 22.
<br />(e) "Fixtures" means all praperty which is so attached to th� Land ar the
<br />Impravements as ta constitute a fixture under applicable law, including: machinery, equi�ment,
<br />engines, boilers, incineratdrs, installed building materi�ls; systems and equipment far the purpo5�
<br />of supplying ar distributing heating, cooling, electricity, gas, water, air, ar light; antennas, cable,
<br />wiring and conduits used in connection with radio, television, security, fire prevention, or fire
<br />detection or otherwise used ta carry electronic signals; telephone systems and equipment;
<br />elevators and related machinery and equipment; fire d�tection, prevention and extinguishing
<br />systems and ap�aratus; security and access control systems and appazatus; plumbing systems;
<br />water laeaters, ranges, stoves, microwave ovens, refrigerators, dishw�shers, garbage disposers,
<br />washers, dryers and oth�r appliances; light fixtures, awnings, storm windaws and storm doors;
<br />pictures, screens, blinds, shades, curtains and curtain rods; mirrors; cabinets, paneling, rugs and
<br />floor and wall coverings; fences, trees and plants; swimming poals; and exercise equipment.
<br />(� "Governmental Authority" m�ans any board, commission, department or body o�'
<br />any municipal, aounty, state or federal governmental unit, or any subdivision of any af them, that
<br />has or acquires jurisdiction over the Martgaged Property or th� use, operation pr improvement of
<br />the Mortgaged Property.
<br />(�) "Ha�ardous Materials" means petroleum a�nd penvleum products and campounds
<br />containing them, including gasaline, diesel fuel and oil; explosives; flammable materials;
<br />radioactive materials; polychlorinated biphenyls ("FCBs") and compounds cantaining them; lead
<br />and lead-based paint; asbestos ar asbestos-containing materials in any form that is or could 6ecome
<br />friable; underground or above-ground starage tanks, wh�ther empty or cantaining any substance;
<br />any substance the presence of which an the Martgaged Fraperty is prohibited by any federal, state
<br />vr local authority; any substance that requires special handling; and any other material or substance
<br />now ar in the future defined as a"hazardous substance," "hazardous material," "ha�ardous waste,"
<br />"tpX1C substance," '�tOXIC p01�U�ilt,�� "contaminant," OI' '�p011lital]t'� W1�1111 �'18 meaning of any
<br />Hazardous Materials C,,aw.
<br />FANNIE MAE MUC�TIFAMILY SECURITY INSTRUMENT - Form 40Z8 06/09 Page Z
<br />NEBRASKA
<br />&� 1997•2009 i'annic Mac
<br />
|