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PROJ00327
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Last modified
12/17/2009 8:42:50 AM
Creation date
10/5/2006 11:49:50 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C153465
Contractor Name
City of Cortez and Dolores Water Conservancy District
Contract Type
Loan
Water District
71
County
Dolores
Bill Number
HB 83-1102
Loan Projects - Doc Type
Contract Documents
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<br />;"'.~ <br /> <br />Together with all and singular the tenements. <br />hereditaments. easements. and appurtenances thereunto belonging <br />or in any wise appertaining. wbether now owned or hereafter <br />acquired by Mortgagor. and including all rights of ingress and <br />egress to and from adjoining property (whether such rights now <br />exist or subsequently arise) together with the reversion or <br />reversions. remainder and remainders. rents. issues and profits <br />thereof; and also all estate. right. title. interest. claim and <br />demand whatsoever of Mortgagor of. in and to the same and of. <br />in and to every part and parcel thereof; and <br /> <br />Together with all machinery. apparatus. equipment fittings. <br />fixtures. whether actually or constructively attached to said <br />property now or hereafter located in. upon or under said <br />property or any part thereof and used or usable in connection <br />with any present or future operation of said property and now <br />owned or hereafter acquired by Mortgagor. including. but <br />without limiting the generality of the foregoing together with <br />all building materials and equipment now or hereafter delivered <br />to the Premises and intended to be installed therein; together <br />with all additions thereto and replacements thereof (Mortgagor <br />hereby agreeing with respect to all additions and replacements <br />to execute and deliver from time to time such further <br />instruments as may be requested by Mortgagee to confirm the <br />conveyance. transfer and assignment of any of the foregoing); <br />and <br /> <br />All the foregoing encumbered by this Mortgage being <br />collectively referred to herein as the "Premises." <br /> <br />To have and to hold the -P-+emi-ses-.here-by' grant"E!d- 'to-- tile-use;-- -..-- ,- <br />benefit and behoof of the Mortgagee. forever. <br /> <br />It is agreed that if any of the property herein mortgaged <br />is of a nature so that a security interest therein can be <br />perfected under the Uniform Commercial Code. this instrument <br />shall constitute a Security Agreement and Mortgagor agrees to <br />join with the Mortgagee in the execution of any financing <br />statements and to execute any other instruments that may be <br />required for the perfection or renewal of such security <br />interest under the Uniform Commercial Code. <br /> <br />Conditioned. however. that if Mortgagor shall payor cause <br />to be paid to Mortgagee. at its office and principal place of <br />business in or at such other place which may hereafter be <br />designated by Mortgagee. its or their successors or assigns. <br />with interest the principal sum of One Million Two Hundred <br />Forty-Four Thousand One Hundred Forty-One Dollars and Fifty-One <br />Cents ($1,244,141.51). with final maturity if not sooner paid. <br />no later than Forty (40) years from the date of this contract. <br />unless amended or extended according to the terms of a <br />promissory note of even date herewith executed by Mortgagor and <br />payable to the order of Mortgagee. as well as all future <br /> <br />-;1- <br />
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