HomeMy WebLinkAbout0542 . . ~ - , . _ .
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; muchinciy ~nd fistures of evcrp lcind and nt?turo whatsoQVCr formin~ , ~
part of szid structiires or buildings. '
"Premises" mc~ns thQ pr~~miscs described in ScLedule A hcreto
incluclii~~ ull of 1Le elsements, ri~hts, priviteges and Appurtenunces
; tltcreunto bclon~in~ or in ~ny~visc uppertainina, und ull of thc estltc,
righi, title, intcrest, claim or clcmand ~chc.,socver of ~tLc 11Lortg~gor
~ therei~l znd in iLc strcets and ~~~~t~?s ~djacent llicreto, citLcr in law or
; in equity, in possession or espectancp, no~v er Lereafter ucquired.
"Involuntarp I~~tc" mcans tL~ rate of interest per .annum pra
. vided in tLe Nole plus 11/L Jo but in no evcnt to exceed tLe matimum
` ratc ~ilo~4ed bp applicable law.
~ 1~ll tcrins of tLis ~Iort~aoc «l~ich ure not deSned above Lave the
~ meaning set fortli in this Dfort~;aae.
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; • QRANTIN(3 CLAiiBE
No~v, TuF~~ror.F, tl~e ~Iort~a~or, in consideration of thc premises
~ and in order to sccure the pa~inent of both th~ principal of, and iLe
; interest and a~iy oi~~er sums pati•~Ule on, the \Tote or tLis ~IortS~ae :tnd
€ ~ th~ I~crforn~ancc and ou~erv:?nce of all the pro~isions hereof and of
; the I~'ote ~~zd of t~c Laildin; Louu t~~rcemeLt, including the na~ment
~ of ans sums adr~tzccd by t}~e : tort~~ace to complete flie Impro~-ements
~ contemplated Up tlie Buildiiia Lo~n :~grcenicut to the estenf, the aa~re-
gate of such siuiis ~nci anp otl~~r sums etper.ded pursuaut ~tereto
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= exceed flic sum of tii~ 1Loi•t;aac ~1~nount, hereb~ ~ires, grants, bar~~ins,
4 . S@~iS~ ~carrants, a11C11S~ TCIIIISCS~ reieases, COri~'CfS~ ~SS1~IIS~ transfers,
mortoa~cs, h}•potlicrates, deposits, pled~;es, sets o~er ai~d confirms unto
~ the blortQa~ce, ~11 ii~ esiate, ri~ht, fiile znd interest in, to and nuder
anp aud all of tLc follo~vina described propert3~ (the _llort;~oed Prop-
erty) ~~•Letl~er non~ o~ti~ned on c~lcl or hereafter acquired:
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(i) the Premises; ~
- (~i) the Improvement~;
- (iii) the C?.~attels;
' (iv) all proceeds of tLc convcrsion, volnntary or in~olvntary,
of uny of thc foregoing into c~sh or liquidated claims, including, •
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