HomeMy WebLinkAbout0918 ~ (WCA)PBFNF-EXX
. 7/7/87
EXHIBIT "X"
To UCC-1 Financing Statement from ROBERT NELSON, a
rN man, and PAUG FRISCHKORN, a Mp,QQ~ man,
('De ors ) to POPULAR HANK OF FLORIDA ("Secure~c Party )
Description of Colla~eral
~ The collateral consists of the Eollowing property, whether
now or hereafter existing, created, or acquired, in connection
with or located on or about the real property described in Exhi-
bit "A" attached hereto (the "Land"):
(lj Al1 buildings, structures and improvements of every
nature whatsoever now or hereafter situated on the Land, and all
fixtures, machinery, appliances, equipment, furniture, and per-
sonal property of every nature whatsoever now or hereafter owned
by Debtor and located in or ort, or attached to, or used or in-
tended to be used in connection with or with the operation of,
the Land, buildings, structures or other improvements, or in
connection with any construction being conducted or which may be
conducted thereon, and owned by Debtor, including all extensions.
additions, improvements, betterments, renewals, substitutions.
and replacements to any of the foregoing and all of .the right,
title and interest of Debtor in and to any such personal property
or fixtures together with the beneFit of any deposits or payments
now or hereafter made on such personal property or fixtures by
Debtor or on its behalf (the "Improvements");
(2) All rents, royalties? issues, profits, revenue, income
and other benefits from the property~described in paragraph (1)
' hereof .
~
~ (3) All right, title and interest of Debtor in and to any
~ and all leases, rents, royalties, issues, profits, revenues,
income and other benefits now or hereafter derived from or af-
` fecting the Land or Improvements, together with all security
therefor and all monies payable thereunder.
(4) (i) A11 property and fixtures affixed to or located on
the Lar.d or Improvements; (ii) all articles of personal property
and all materials delivered to the Land or Improvement~ for use
~n any construction being conducted thereon, and owned by Debtor;
and (iii) all contract rights, general i~tangibles, actions and
rights in action, including without limitation thereto, all
riqhts to"insurance proceeds.
(5) All proceeds, products, replacements, additions, sub-
stitutions, renewals and accessions of any of the foregoing.
Robert R. Nelson
~
Paul Frischkorn
aoox 54g Pac~ 9~7
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