HomeMy WebLinkAbout01-1576 COMMONWEALTH OF PENNSYLVANIA - UCC1
PARTIES
Debtor name (last name hrSt It individual) an(I mailing address:
BEG ~ropez'ty LLC
c/o U.S. Realty Advisore, LLC
1370 Avenue of ~he Americas 29th
Floor.
New York, ~Y 10019
~ ~me~stname~mtffl~to~l)a~malll~addmss:
FINANCING STATEMENT
Uniform Commercial Code Form UCC-1
Fdiog NO. (stamped by filing officer):
Date, Time, Flflng Ufflse (stamped by filing otocer):
Debtor name (mst name lirst it ifxlfvntual) and madmg address:
Secured Party(m) name(s) (laSt name hrst it mdwldual) and address
/or security interest in/ormefion:
Berkshire Hathaway Credit
Corporation, a Nebraska Corporation
1440 F~ewit Plaz&
Omaha, NE 68131
ASslgnae(s) of secured Patty name(s) (last name first i1~ndlVldUal) and
address/or security inlerast information:
5pecioJ lypec of Par tins (check it applicable):
I'lThe totals 'Debtor' ~ 'Secu~d Par~' mean'Lessee' and "Lessor,'
[] The teffns 'Debtor' and 's~md ?an/menu 'coregnee are
· co~gsor" mspec~way,
[] Dehtoris a Traesmit~ ~kty.
SECURITY PARTY SIGNATURE(S)
Th~ statement is filed with onty the Secured Party's signature to perfect
a ssaudty interest in collateral (check appliGnble box(es))-
a. [] acquirnd alter a change of name, identity or corporate s~'uctore of
the Debtor,
h. [] as to which the filing has lapsed.
c. alrsaby subject to a sucuri~/Intelsat in another county in Pennsylvania.
[]when tee sellatefal was re(wed th this county.
this county.
d. already subject th a sscurity interest in anofhe~ jurisdiction-
~curity interest was prssiousty prefected (also desurihe proceeds in
blsuk 9, If purehasnd wlte c~il proceeds and not adequately
Secured Party Signature(a)
(required only if box(se) is checked abo~e):
Berksh/re Hathaw&v Credit
Corporation, a Nebraska COrpOr&t~on
lb
~his financing Statomeof is prssemed for filing pursuant to the Unarm Commercial Code,
and is to be file~ with the (check applicable hex):
[] Sssretary of the Commonweal.
[] Proteosetaryof O,,,*herl~,nd Cecn~.
[] rsal es~aM records of Courdy.
Number of Add~honal 5asets (it afly): '~, ~
OptiOnal Special identdmoffon (Ma[ 10 c~'laractors): ~"/'~:~
COLLATERAL
Identity collateral by Item and/~r type:
See Exh:Lbtt: A and Exhlb:Lt B atl~re~ofd ~reto! and
2 incorporated herein. Zt~'~::~:~ :.<~ ~ ~?
~Q (check only if dsair~d) Products of the cofiateral are also covwnd.
Identify related real estate, if appflnable: The colJab~r~l is, or tnclu~s (check appropdato box(ns))-
c. [~ minwate or the like (including oil and gan ) as nas'acted on -
d. [] accounte rssultMg from tee safe of ~narels ar the like (including oil and gas) at the wellhsad or
3
Desuribasat:Bonk of(checkose) [] Deeds [] Mmtgagss, atPaga($)
me of record owner (required ordy ff no Debar has a~ inl~rect of record): -
pebtor Signature(s}:
1 BHG~LC
DEBTOR SIGNATURE(S)
Chicago Title Insurance Company
Attention: E. Riley - ~/~ oo3~'?
1601 Market Street, Suite 2550
Philadelphia, PA 19103
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308 Approved by the 6eomtaW of the Oommonwealth of Pennsylvania
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EXHIBIT A
TO
FINANCING STATEMENT
DEBTORS:
SECURED PARTY:
BHG PROPERTY LLC
c/o U.S. Realty Advisors, LLC
1370 Avenue of the Americas
New York, NY 10019
BERKSHIRE HATHAWAY CREDIT CORPORATION,
a Nebraska corporation
1440 Kiewit Plaza
Omaha, Nebraska 68131
ALL DEBTORS RIGHT, TITLE AND INTEREST IN AND TO THE FOLLOWING
DESCRIBED PROPERTY (the."Coilatera£'):
I. that certain parcel of real property more particularly described on
Exhibit B attached hereto and made a part hereof (the "Land");
II. the buildings, foundations, structures and improvements now or hereafter
located on the Land together with all plumbing, electrical, ventilating, heating, cooling
and other utility systems, equipment, ducts, pipes and other fixtures attached to or
comprising a part thereof (collectively, the "Improvements");
III. all right, title and interest to the streets and roads, opened or proposed,
abutting the Land, all strips and gores within or adjoining the Land, the air space and
right to use the air space above the Land, all rights of ingress and egress to and from the
Land, all easements, rights of way, reversions, remainders, hereditaments, and
appurtenances now or hereafter affecting the Land or the Improvements thereon, all
royalties and rights and privileges appertaining to the use and enjoyment of the Land or
the Improvements thereon, including all air, lateral support, alley, drainage, water, oil,
gas and mineral rights, options to purchase or lease, and all other interests, estates or
claims, in law or in equity, which now has or hereafter rhay be acquired in or with respect
to the Land or the Improvements thereon (collectively, the "Appurtenances");
IV. all rents, income, revenues, issues, awards, proceeds and profits from and
in respect of the property which are specifically assigned in the Indenture, it being the
intention of the parties hereto that, so far as may be permitted by law, all property of the
character hereinabove described which is now owned or held or is hereafter acquired by
the Debtors and is affixed, attached and annexed to the Land shall be and remain or
become and constitute a portion of the Collateral and the security covered by and subject
to the lien hereof. The Land together with the Improvements, the Appurtenances and the
other property described above relating thereto are herein collectively called "Property";
V. all furnaces, boilers, machinery, motors, compressors, elevators, fittings,
piping, conduits, ducts, air conditioners, partitions, mechanical, electrical and HVAC
systems and apparatus of every kind and all other fixtures, equipment and other
personality owned by the Debtors and located on, attached, affixed or incorporated into
the Land and Improvements including, without limitation, all seating, tables, beds,
draperies, cabinetry, chairs, mirrors, nightstands, furniture, furniture accessories,
bathroom accessories, floor coverings, curtains, lighting, appliances, lighting, tableware,
table accessories, kitchen and laundry equipment, audio-visual equipment, wall
decorations, office furniture, office and conference accessories, television wiring and
,._j~.ac...k~s2.and other miscellaneous fimxiture, fixtures and equipment now or hereafter located
on th~ai~i:l and ased in the operation of the Improvements, including, without limitation,
all replacements thereof (collectively the "FF&E"), in which Debtors now or hereafter
have a possessory or title interest and now or hereafter installed or located in or on any
Property (excluding Tenant's Personal Property) and all building materials, supplies and
equipment now or hereafter delivered to Property owned by Debtors and intended to be
installed therein; all fixtures, other goods and personal property of whatever kind and
nature now contained on or in or hereafter placed on or in Property and used or to be used
in connection with the letting or operation thereof, in which Debtors now have or
hereafter may acquire a possessory or title interest (but specifically excluding inventory)
and all renewals or replacements of any of the foregoing property or articles in
substitution thereof (collectively, the "Equipmen£');
VI. all right, title and interest of Debtors, whether now or hereafter acquired
and wherever located, in, to and under all accounts and escrows, documents, instruments,
chattel paper, claims, deposits, money, investment securities and general intangibles, as
the foregoing terms are defined in the Uniform Commercial Code as in effect from time
to time in the state, including any amendments, modifications or successor statutes
thereto (the "Code"), and, to the extent that any of the collateral is not governed by the
Code in the state, the defined term "Code" shall include any applicable common law or
statute in the state relating to the perfection and/or pribrity of Secured Party's security
interest therein, all property and insurance policies, title insurance policies, all contract
rights (including all construction contracts, architects' contracts and engineers' contracts
or other contracts relating to the construction of any Improvements and ali Appurtenant
Agreements and all franchise agreements, management agreements and operating
agreements relating to the operation of the Properties), franchises, books, records,
surveys, plans, specifications, designs, drawings, permits, consents, licenses (to the extent
assignable), approvals, actions, proceedings and causes of action which now or hereafter
relate to, are derived from or used in connection with Property or the ownership,
construction, use, operation, maintenance, occupancy or enjoyment thereof or the conduct
of any business or activities thereon (collectively, the "Intangibles");
FHFSJ/DC02~45254
VII. all right, title and interest of Debtors, whether now or hereafter acquired
and wherever located, in, to and under the Master Lease, the Master Sublease and all
other leases, subleases, lettings, tenancies and licenses (to the extent assignable) of a
Property or any part thereof now or hereafter entered into and ail amendments,
extensions, renewals and guaranties thereof, all security therefor, and ail moneys payable
thereunder (collectively, the "Leases");
VIII. ail rents, income, issues, profits, loss proceeds, purchase prices, payments
of stipulated loss value, security deposits and other benefits to which Debtors may now or
hereafter be entitled from a Property, the Equipment or the Intangibles related thereto, or
under or in connection with the Leases, including, without limitation, all income received
from tenants, transient guests, lessees, licensees and concessionaires and other persons
occupying space at such Property and/or rendering services to tenants thereat
(collectively, the "Property Income");
IX. all proceeds, judgments, claims, compensation, awards of damages and
settlements with respect to or hereafter made as a result of or in lieu of any condemnation
"~"'~f a Property by eminent domain or by any defect or impairment of title with
respect to any Property or any casuaity loss of or damage to any Property, the Equipment,
the Intangibles, the Leases or the Property Income related thereto, all refunds with respect
to the payment of property taxes and assessments or with respect to insurance premiums,
and all other proceeds of the conversion, voluntary or involuntary, of a Property, the
Equipment, the Intangibles, the Leases or the Property Income related thereto, or any part
thereof, into cash or liquidated claims (collectively, the "Proceeds"); and
X. all right, title and interest of Debtors now existing or hereafter arising, in
and to the Option Agreement, if any, the Tripartite Agreement, if any, the Master Lease,
the Master Sublease, the Master Lease Guaranty and all other instruments and
agreements (including title insurance policies) relating to the ownership, operation,
maintenance, leasing, financing or management of the Property and all sums now or
hereafter payable to Debtors with respect thereto, including, without limitation, the
present and continuing right to make claim for, collect, receive and receipt for any and all
of the rents, payments, income, revenues, issues, awards, proceeds and profits and other
sums of money payable or receivable thereunder, including, without limitation, all of
Debtors' right, title, interest and estate in, to and under any and all warranties and other
claims against dealers, manufacturers, vendors, contractors, subcontractors, architects and
others relating to the construction, use or maintenance of the Landlord's Interest.
EXHIBIT B
TO
FINANCING STATEMENT
DESCRIPTION OF PROPERTY
EXHIBIT "B"
Site Number 1297
1153 Harrisburg Pike
Carlisle, Pennsylvania
ALL THAT CERTAIN tract or parcel of land and premises situate, lying and being
in Middlesex Township, Cumberland County, Pennsylvania, more particularly
described, as follows:
BEGINNING at an iron pin found in the southeast legal right-of-way line of U.S.
Route #11, known as the Carlisle Pike, said point being located and referenced from
the centerline intersection of Shady Lane (T-9700) and the said Carlisle Pike the
following bearings and distances:
(1) along the Carlisle Pike N 54 degrees 24' 30" E, a distance of 175.93' to a point;
(2) thence along the same N 54 degrees 36' 30" E, a distance of 187.56' to a point;
(3) thence across the Carlisle Pike S 34 degrees 45' 09" E, a distance of 35.00' to the
point of beginning;
THENCE from the said point of beginning along the southeast right-of-way line of
the Carlisle Pike (variable right-of-way) N 54 degrees 36' 30" E, a distance of 43.23'
to an iron pin found;
THENCE along the same N 35 degrees 23' 30" W, a distance of 10.00' to an iron pin
found;
THENCE along the same N 54 degrees 36' 30" E, a distance of 77.80' to an iron pin
found at the right-of-way intersection of the southeast right-of-way line of the
Carlisle Pike and the southern right-of-way line of the Pennsylvania Turnpike;
THENCE along the southern right-of-way line of the Pennsylvania Turnpike (200'
right-of-way) N 88 degrees 49' 30" E, a distance of 990.54' to an iron pin found;
THENCE along the lands now or late of Rostan Associates S 1 degree 10' 30" E, a
distance of 337.05' to an iron pin found;
THENCE along the same S 54 degrees 25' 00" W, a distance of 210.83' to an iron
pin with cap set;
THENCE along the lands now or late John I. and Linda L. Enk N 32 degrees 19'
30" W, a distance of 27.83' to an iron pin found;
01/31/01
THENCE along the same N 76 degrees 13' 30" W, a distance of 575.54' to an iron
pin found;
THENCE along the same S 54 degrees 25' 00" W, a distance of 163.72' to an iron
pin found;
THENCE along the lands now or late of Rostan Associates N 35 degrees 35' 00" W,
a distance of 363.72' to an iron pin found at the place of beginning.
BEING the same premises which SHIV, INC., a Pennsylvania Corporation, by Deed
dated 10/24/1996 and recorded 10/30/1996 in Cumberland County, Pennsylvania in
Deed Book 148 page 257, conveyed unto Glasjar Funding, Limited Partnership, in
fee.
Together with all Easement rights, set forth in that certain Easement from Rostan
Associates to The Carlisle Motel dated August 25, 1987, recorded August 26, 1987
in Misc. Book 339, Page 298 as amended by the Agreement dated October 22, 1996
between John I. Enck and Linda L. Enck and Shiv, Inc., recorded in Book 533, Page
831, excluding, however a License to use improvements located in such Easement
area.
Page 2.