Operator Security Agreement Page 30
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32and fixtures, fans and switchboards; all telephone equipment; all piping, tubing and plumbing
equipment and fixtures; all heating, refrigeration, air-conditioning, cooling, ventilating,
sprinkling, water, power, waste disposal and communications equipment, systems and apparatus;
all water coolers and water heaters; all fire prevention, alarm and extinguishing systems and
apparatus; all cleaning equipment; all lift, elevator and escalator equipment and apparatus; all
partitions, shades, blinds, awnings, screens, screen doors, storm doors, exterior and interior signs,
gas fixtures, stoves, ovens, refrigerators, garbage disposals, dishwashers, kitchen and laundry
fixtures, utensils, appliances and equipment, cabinets, mirrors, mantles, floor coverings, carpets,
rugs, draperies and other furnishings and furniture now or hereafter installed or used or usable in
the operation of any part of the buildings, structures or improvements erected or to be erected in
or upon the Land and every replacement thereof, accession thereto, or substitution therefor,
whether or not all of the above are now or hereafter acquired or attached to the Land in any
manner;
(b) All articles of tangible personal property not otherwise described herein which are
now or hereafter located in, attached to or used in, on or about the buildings, structures or
improvements now or hereafter located, placed, erected, constructed or built on the Land and all
replacements thereof, accessions thereto, or substitution therefor, whether or not the same are, or
will be, attached to such buildings, structures or improvements in any manner;
(c) All rents, leases, income,
revenues, incomeissues, profits,
proceedsroyalties and other
benefits arising or derived or to be derived from, or related to, directly or indirectly, the Land,
whether or not any of the property described in this item (c) constitutes accounts, chattel paper,
documents, general intangibles, instruments or money;
(d) All awards now or hereafter made ("Awards") with respect to the Land as a result of
(i) the exercise of the power of condemnation or eminent domain, or the police power, (ii) the
alteration of the grade of any street, or (iii) any other injury or decrease in the value of the Land
(including but not limited to any destruction or decrease in the value by fire or other casualty),
whether or not any of the property described in this item (d) constitutes accounts, chattel paper,
documents, general intangibles, instruments, investment
property, deposit accounts,
all accounts,
including, but not limited to Medicaid and Medicare receivablesor money;
(e) All land surveys, plans and specifications, drawings, briefs and other work product
and other
papers and records now or hereafter used in the construction, reconstruction, alteration,
repair or operation of the Land;
(f) All licenses, permits, certificates and agreements for the provision of property or
services to or in connection with, or otherwise benefiting, the Land, any nursing home license,
assisted living facility license, any and all Medicaid/Medicare Provider Agreements, and any
other license necessary for the provision of services at the Land; however, the Secured Party
disclaims a security interest in such of the property described in this item (f) to the extent that a
security interest in such property may not be granted to the Secured Party without the forfeiture
of the rights of the Operator (or any assignee of the Operator) or a default resulting thereunder.
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Legal