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HomeMy WebLinkAbout1721 t• I t . ' SCHEDULE A TO UCC-1 FINANCING STATEMENT • All estate, right, title and interest of the Debtor, if any, in, to and under any and all of the following described property whether now owned or held or hereafter acquired by the Debtor: 1. The residential structures or buildings, the club facilities, the sewer .plant .end all other improvements or facilities constructed or to be constructed upon the premises -described on Exhibit I annexed hereto, including all fixtures of every kind and nature whatsoever forming a part of said .structures, buildings, improvements and facilities and all . personal property affixed to or used in connection with the operation thereof, including all replacements of such property, ti substitutions for such property, additions to such property and all proceeds thereof. 2. All proceeds of the conversion, voluntary or in- voluntary, of any of the foregoing into cash or liquidated I claims, including, without limitation, proceeds of insurance I and condemnation awards. ` 3. All rents, issues and prof its and all leases of the premises described on Exhibit I annexed hereto now or hereafter entered into and all. right, title and interest of the Debtor thereunder, including, without limitation, cash or securities deposited thereunder to secure performance by the ' lessees of their obligations thereunder, whether such cash or ± securities are to be held until the expiration of the terms ~ ~ of such leases-or applied to one or more of the installments `E • of rent coming-due immediately prior to the expiration of such t terms, including, further, the right upon the happening of an Event of Default (as such term is defined in the Restatement, Modification and Supplement to Mortgage dated as of November ~ s 1980 among the Debtor, the Secured Party and others), to i receive and collect the rents thereunder. t r BOOKJ~4 PAGE1~0 E