Common use of Recording Documentation To Assure Security Interest; Fees and Expenses Clause in Contracts

Recording Documentation To Assure Security Interest; Fees and Expenses. 1.4.1 Mortgagor shall, forthwith after the execution and delivery of this Mortgage and thereafter, from time to time, cause this Mortgage and any financing statement, continuation statement or similar instrument relating to any thereof or to any property intended to be subject to the Lien of this Mortgage to be filed, registered and recorded in such manner and in such places as may be required by any present or future law in order to publish notice of and fully to protect the validity and priority thereof or the Lien hereof purported to be created upon the Mortgaged Property and the interest and rights of Mortgagee therein. Mortgagor shall pay or cause to be paid all taxes and fees incident to such filing, registration and recording, and all expenses incident to the preparation, execution and acknowledgement thereof, and of any instrument of further assurance, and all Federal or state stamp taxes or other taxes, duties and charges arising out of or in connection with the execution and delivery of such instruments. 1.4.2 Mortgagor shall, at the sole cost and expense of Mortgagor, do, execute, acknowledge and deliver all and every such further acts, deeds, conveyances, mortgages, assignments, notices of assignment, transfers, financing statements, continuation statements and assurances as Mortgagee shall from time to time reasonably request to assure, perfect, convey, assign, mortgage, transfer and confirm unto Mortgagee the property and rights hereby conveyed or assigned, or which Mortgagor may be or may hereafter become bound to convey or assign to Mortgagee or which may facilitate the performance of the terms of this Mortgage or the filing, registering or recording of this Mortgage. In the event Mortgagor shall fail to execute any instrument required to be executed by Mortgagor under this subsection 1.4.2 and if such failure shall constitute an Event of Default, Mortgagee may execute the same as the attorney-in-fact for Mortgagor, such power of attorney being coupled with an interest and irrevocable.

Recording Documentation To Assure Security Interest; Fees and Expenses. 1.4.1 Mortgagor shall, forthwith after the execution and delivery of this Mortgage and thereafter, from time to time, cause this Mortgage and any financing statement, continuation statement or similar instrument relating to any thereof or to any property intended to be subject to the Lien of this Mortgage to be filed, registered and recorded in such manner and in such places as may be required by any present or future law in order to publish notice of and fully to protect the validity and priority thereof or the Lien hereof purported to be created upon the Mortgaged Property and the interest and rights of Mortgagee therein. Mortgagor shall pay or cause to be paid all taxes and fees incident to such filing, registration and recording, and all expenses incident to the preparation, execution and acknowledgement thereof, and of any instrument of further assurance, and all Federal or state stamp taxes or other taxes, duties and charges arising out of or in connection with the execution and delivery of such instruments. 1.4.2 Mortgagor shall, at the sole cost and expense of Mortgagor, do, execute, acknowledge and deliver all and every such further acts, deeds, conveyances, mortgages, assignments, notices of assignment, transfers, financing statements, continuation statements and assurances as Mortgagee shall from time to time reasonably rea- sonably request to assure, perfect, convey, assign, mortgage, transfer and confirm unto Mortgagee the property and rights hereby conveyed or assigned, or which Mortgagor may be or may hereafter become bound to convey or assign to Mortgagee or which may facilitate the performance of the terms of this Mortgage or the filing, registering or recording of this Mortgage. In the event Mortgagor shall fail to execute any instrument required to be executed by Mortgagor under this subsection 1.4.2 and if such failure shall constitute an Event of Default, Mortgagee may execute the same as the attorney-in-fact for Mortgagor, such power of attorney being coupled with an interest and irrevocable.

Recording Documentation To Assure Security Interest; Fees and Expenses. 1.4.1 Mortgagor shall, forthwith after the execution and delivery of this Mortgage and thereafter, from time to timeMortgage, cause this Mortgage and any financing statement, continuation statement or similar instrument relating to any thereof or to any property intended to be subject to the Lien of this Mortgage to be filed, registered and recorded in such manner and in such places as may be required by any present or future law in order to publish notice of and fully to protect the validity and priority thereof or the Lien hereof purported to be created upon the Mortgaged Property and the interest and rights of Mortgagee therein. Mortgagor shall pay or cause to be paid all taxes and fees incident to such filing, registration and recording, and all expenses incident to the preparation, execution and acknowledgement acknowledgment thereof, and of any instrument of further assurance, and all Federal federal or state stamp taxes or other taxes, duties and charges arising out of or in connection with the execution and delivery of such instruments. 1.4.2 Mortgagor shall, at the sole cost and expense of Mortgagor, do, execute, acknowledge and deliver all and every such further acts, deeds, conveyances, mortgages, assignments, notices of assignment, transfers, financing statements, continuation statements and assurances as Mortgagee shall from time to time reasonably request to assure, perfect, convey, assign, mortgage, transfer and confirm unto Mortgagee the property and rights hereby conveyed or assigned, or which Mortgagor may be or may hereafter become bound to convey or assign to Mortgagee or which may facilitate the performance of the terms of this Mortgage or the filing, registering or recording of this Mortgage. In the event Mortgagor shall fail to execute any instrument required to be executed by Mortgagor under this subsection 1.4.2 and if such failure shall constitute an Event of DefaultDefault (as hereinafter defined), Mortgagee may execute the same as the attorney-in-fact for Mortgagor, such power of attorney being coupled with an interest and irrevocable.

Recording Documentation To Assure Security Interest; Fees and Expenses. 1.4.1 Mortgagor Grantor shall, forthwith after the execution and delivery of this Mortgage Deed to Secure Debt and thereafter, from time to time, cause this Mortgage Deed to Secure Debt and any financing statement, continuation statement or similar instrument relating to any thereof or to any property intended to be subject to the Lien of this Mortgage Deed to Secure Debt to be filed, registered and recorded in such manner and in such places as may be required by any present or future law in order to publish notice of and fully to protect the validity and priority thereof or the Lien hereof purported to be created upon the Mortgaged Property and the interest and rights of Mortgagee Beneficiary therein. Mortgagor Grantor shall pay or cause to be paid all taxes and fees incident to such filing, registration and recording, and all reasonable expenses incident to the preparation, execution and acknowledgement acknowledgment thereof, and of any instrument of further assurance, and all Federal or state stamp taxes or other taxes, duties and charges arising out of or in connection with the execution and delivery of such instruments. 1.4.2 Mortgagor Grantor shall, at the sole cost and expense of MortgagorGrantor, do, execute, acknowledge and deliver all and every such further acts, deeds, conveyances, mortgages, assignments, notices of assignment, transfers, financing statements, continuation statements and assurances as Mortgagee Beneficiary shall from time to time reasonably request request, which may be necessary in the reasonable judgment of Beneficiary from time to time to assure, perfect, convey, assign, mortgage, transfer and confirm unto Mortgagee Beneficiary, the property and rights hereby conveyed or assigned, assigned or which Mortgagor Grantor may be or may hereafter become bound to convey or assign to Mortgagee Beneficiary or which may facilitate for carrying out the intention or facilitating the performance of the terms of this Mortgage Deed to Secure Debt or the filing, registering or recording of this MortgageDeed to Secure Debt. In the event Mortgagor Grantor shall fail after demand to execute any instrument required reasonably requested to be executed by Mortgagor Grantor under this subsection 1.4.2 and if such failure shall constitute an Event of Default1.4.2, Mortgagee Beneficiary may execute the same as the attorney-in-fact for MortgagorGrantor, such power of attorney being coupled with an interest and irrevocable.. DRAFT: March 21, 1997 H:\WPCDOCS\1186\141461

Recording Documentation To Assure Security Interest; Fees and Expenses. 1.4.1 Mortgagor shall, forthwith after the execution and delivery of this Mortgage and thereafter, from time to time, cause this Mortgage and any financing statement, continuation statement or similar instrument relating to any thereof or to any property intended to be subject to the Lien of this Mortgage to be filed, registered and recorded in such manner and in such places as may be required by any present or future law in order to publish notice of and fully to protect the validity and priority thereof or the Lien hereof purported to be created upon the Mortgaged Property and the interest and rights of Mortgagee therein. Mortgagor shall pay or cause to be paid all taxes and fees incident to such filing, registration and recording, and all expenses incident to the preparation, execution and acknowledgement acknowledgment thereof, and of any instrument of further assurance, and all Federal or state stamp taxes or other taxes, duties and charges arising out of or in connection with the execution and delivery of such instruments. 1.4.2 Mortgagor shall, at the sole cost and expense of Mortgagor, do, execute, acknowledge and deliver all and every such further acts, deeds, conveyances, mortgages, assignments, notices of assignment, transfers, financing statements, continuation statements and assurances as Mortgagee shall from time to time reasonably request request, which may be necessary in the judgment of Mortgagee from time to time to assure, perfect, convey, assign, mortgage, transfer and confirm unto Mortgagee Mortgagee, the property and rights hereby conveyed or assigned, assigned or which Mortgagor may be or may hereafter become bound to convey or assign to Mortgagee or which may facilitate for carrying out the intention or facilitating the performance of the terms of this Mortgage or the filing, registering or recording of this Mortgage. In the event Mortgagor shall fail after demand to execute any instrument required to be executed by Mortgagor under this subsection 1.4.2 and if such failure shall constitute an Event of Default1.4.2, Mortgagee may execute the same as the attorney-in-fact for Mortgagor, such power of attorney being coupled with an interest and irrevocable.

Recording Documentation To Assure Security Interest; Fees and Expenses. 1.4.1 Mortgagor Grantor shall, forthwith after the execution and delivery of this Mortgage Deed of Trust and thereafter, from time to time, cause this Mortgage Deed of Trust and any financing statement, continuation statement or similar instrument relating to any thereof thereto or to any property intended to be subject to the Lien of this Mortgage Deed of Trust to be filed, registered and recorded in such manner and in such places as may be required by any present or future law in order to publish notice of and fully to protect the validity and priority thereof or the Lien hereof purported to be created upon the Mortgaged Property and the interest and rights of Mortgagee Beneficiary therein. Mortgagor Grantor shall pay or cause to be paid all taxes and fees incident to such filing, registration and recording, and all expenses incident to the preparation, execution and acknowledgement acknowledgment thereof, and of any instrument of further assuranceassurance required by Trustee or Beneficiary, and all Federal or state stamp taxes or other taxes, duties and charges arising out of or in connection with the execution and delivery of such instruments. 1.4.2 Mortgagor Grantor shall, at the sole cost and expense of MortgagorGrantor, do, execute, acknowledge and deliver all and every such further acts, deeds, conveyances, mortgagesdeeds of trust, assignments, notices of assignment, transfers, financing statements, continuation statements and assurances as Mortgagee Trustee or Beneficiary shall from time to time reasonably request request, which may be necessary in the reasonable judgment of the requesting party from time to time to assure, perfect, convey, assign, mortgage, transfer and confirm unto Mortgagee Beneficiary, the property and rights hereby conveyed or assigned, assigned or which Mortgagor Grantor may be or may hereafter become bound to convey or assign to Mortgagee Beneficiary or which may facilitate for carrying out the intention or facilitating the performance of the terms of this Mortgage Deed of Trust or the filing, registering or recording of this MortgageDeed of Trust. In the event Mortgagor Grantor shall fail after demand to execute any instrument required to be executed by Mortgagor Grantor under this subsection 1.4.2 and if such failure shall constitute an Event of Default1.4.2, Mortgagee Beneficiary may execute the same as the attorney-in-fact for MortgagorGrantor, such power of attorney being coupled with an interest and irrevocable.