Agenda - Council - 07/12/2022 - Laserfiche WebLink

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Name and Address of Debtor: PCS Building Company 7250 E Ramsey Parkway NW Ramsey, MN 55303-6902 Name and Address of Secured Party: U.S. Bank Trust Company, National Association Mail Station: EP-MN-WS3C 60 Livingston Avenue, 3rd Floor St. Paul, MN 55107 Description of the Types (or items) of property covered by this Financing Statement: See Section 2.1 hereof Description of real estate to which all or a part of the collateral is attached or upon which it is located: See EXHIBIT A attached hereto. Some of the above-described collateral is or is to become fixtures or trade fixtures upon the real estate described upon EXHIBIT A hereto, and this Financing Statement is to be filed for record in the real estate records of Anoka County, Minnesota. Section 5.8 Counterparts. This Mortgage may be simultaneously executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument. Section 5.9 Notices. All notices, certificates or other communication required to be given to the Mortgagor and the Mortgagee in accordance with the provisions of the Mortgage shall be given to those parties at the addresses set forth in Section 5.7 hereof or at such other addresses as the parties may direct by written notice to each other. Section 5.10 Assignment. The obligations of the Mortgagor under this Mortgage may be assigned to the transferee upon a transfer permitted under Section 8.1 of the Loan Agreement. Section 5.11 Additional Covenants. The Mortgagor hereby covenants and agrees well and truly to abide by, perform and be governed and restricted by each and all of the matters provided for by the Loan Agreement and the Indenture and so incorporated herein to the same extent and with the same force and effect as if each and all of said representations, warranties, terms, provisions, restrictions, covenants, and agreements so incorporated hereby by reference were set out and repeated herein at length. Any provisions governing the rights, immunities and protections of the Trustee under the Loan Agreement and the Indenture are incorporated by reference into this Mortgage as being applied to the Mortgagee as though fully set forth herein. (The remainder of this page is intentionally left blank.) 23 73092175v4