3. HRSR 05-16-2005 - Laserfiche WebLink

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Mortgaged Property, or the creation of any easement thereon, or any covenants restricting use or occupancy thereof, or agree to alter or amend the terms of this Mortgage in any way, all without in any way affecting the liability of any person (other than the person so released), or the validity or priority of this Mortgage (except as it covers property so released). Any personal property remaining upon the Mortgaged Property, after the Mortgaged Property has been possessed or occupied by Mortgagee or its agent following foreclosure of this Mortgage, or under any deed in lieu of foreclosure, shall be conclusively presumed to have been abandoned by Mortgagor. 25. OTHER DEBT. This Mortgage shall also secure, and the Indebtedness shall also include, any and all other advances heretofore or at any time hereafter made to Mortgagor by Mortgagee, and all other Indebtedness of any and every type and description now or hereafter owed to Mortgagee by Mortgagor, unless (in the case of any such advance or indebtedness) Mortgagee has otherwise agreed in writing; provided, however, that notwithstanding such provision, Mortgagee shall not be obligated to make any such advance or to permit or suffer the creation of any such indebtedness. 26. FIXTURE FILING. From the date of its recording, this Mortgage shall be effective as a financing statement filed as a fixture filing with respect to all goods constituting part of the Mortgaged Property, as described above, that are or are to become fixtures, related to the real estate described herein. For this purpose, the following information is set forth: (a) Name and Address of Debtor: MDI Limited Partnership #70 1600 University Avenue Suite 212 Saint Paul, MN 55104 (b) Debtor's Tax Identification Number or Social Security Number: #41-1898788 (c) Debtor is an organization (d) Type of organization: limited partnership (e) Jurisdiction of organization: Minnesota (f) Organization I.D. Number: (g) Name and Address of Secured Party: Housing and Redevelopment Authority in and for City of Elk River 13065 Orono Parkway Elk River, MN 55330 (h) This document covers goods that are to become fixtures.