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2911,g <br />ID 40004W <br />WITNESSETH., That <br />WHEREAS,, Pursuant to the, Contract, the City agreed tir <br />convey the real estate, described on Exhibit A attached hereto <br />,and made a part hereof (the "Land") to 'the Company, and the <br />Com� any agrieled, to construct a,nid equip thereon certain <br />P III is <br />improvements (thie "Improviements, Y, and <br />WHEREAS!,,, to finance a, ,portion of the costs of <br />WHEREAS,, tol slecure payment of' the Note and <br />zbliqations under the Loan Aqrieement, the Company has <br />in favor of the Bank a CorrJoination Second Mortgage, Securi t <br />.Y <br />