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other improvements or facilities to be constructed upon
the Premises pursuant ko the, Preliminary Site Plans,.
including all fixtures of every kind and nature whatsoever
forming part of said structures, buildings, improvements and
facilities and all personal property affixed to or used in
connection with the operation thereof..
Insurance Requirements: all terms of any insur-
ance policy covering or applicable to ali or~ any part
of the Improvements, all requirements of the insurer
of any such policy and all orders, rules, regulations and
other requirements of the National Board of Fire Under-
writers applicable to or affecting all or any part of the
Improvements, or the use or condition thereof.
Legal Requirements: all laws, statutes, codes,
ordinances, orders, judgments, decrees, rules, regulations,
permits, licenses, authorizations and requirements of, and
agreements with, all governments, departments, boards,
agencies, officials and officers, foreseen and unforeseen,
ordinary or extraordinary, which now or at any time here-
after may be applicable to the Mortgaged Property or any_
portion thereof or to the Project.
Mortgage:' collectively the Original Mortgage and
the Collateral Mortgage, as modified, consolidated and
extended by the Consolidated Mortgage, and as restated,
modified and supplemented by this Restated Mortgage.
Mortgagee: the party defined as such in the
first paragraph of this Restated Mortgage, together with any
successor thereto by way of merger, consolidation or
acquisition of substantially all of its assets.
Mortgagors: the parties defined as such in the
f first paragraph of this Restated Mortgage.
Mortgaged Property: the property described
in the Granting Clause.
Ocean: the party defined as such. in the first
paragraph of this Restated Mortgage, together with any
successor thereto by way of merger, consolidation or acqui-
sition of all or substantially all of its assets. _
Ocean Mort a e: the purchase money mortgage
defined as such in t e Preliminary Statement, as the same
may be amended or modified from time to time.
Original Mortgage: the mortgage defined as such
in the Preliminary Statement.
Overdue Interest Rate: a rate of interest per
~ annum equal to the "prime rate" charged from time to time
~ by Mortgagee on 90 day loans to its most credit worthy
l customers but in no event to exceed the maximum rate allowed
( by law.
Permitted Encumbrances: any liens, taxes, assess-
ments, fees, water, sewer or other rents, rates and charges,
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x342 P~Ei6T4
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