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Agenda - Council - 08/13/2013
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Agenda - Council - 08/13/2013
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3/18/2025 9:36:06 AM
Creation date
10/25/2013 4:02:45 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
08/13/2013
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AMENDED AND RESTATED <br />MORTGAGE, SECURITY AGREEMENT AND ASSIGNMENT OF RENTS <br />made by <br />PCS BUILDING COMPANY, <br />Mortgagor <br />in favor of <br />WELLS FARGO BANK, NATIONAL ASSOCIATION, <br />Mortgagee <br />Dated as of 1, 2013 <br />(THIS MORTGAGE IS ALSO A FIXTURE FINANCING STATEMENT AND <br />CONTAINS AFTER -ACQUIRED PROPERTY PROVISIONS.) <br />The current principal indebtedness secured by the Original Mortgage (defined herein) as <br />amended and supplemented by this Amended and Restated Mortgage is $ . As a <br />condition to recording the Original Mortgage, Mortgagor paid or caused to be paid on March 31, <br />2004 mortgage registry tax in the amount of $26,511.50. This Amended and Restated Mortgage <br />alters the Original Mortgage by providing for an [increase] in the amount of debt secured by this <br />Amended and Restated Mortgage by $ to $ . This Amended and <br />Restated Mortgage is a "supplemental mortgage" within the meaning of Minnesota Statutes, § <br />287.05, [as a result of which additional mortgage registry tax in the amount of <br />$ is payable as a condition to the recording of this Mortgage]. <br />This instrument was drafted by: <br />Briggs and Morgan, Professional Association (CIE) <br />2200 IDS Center <br />80 South 81-11 Street <br />Minneapolis MN 55402 <br />5601362v2 <br />
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