Grant of Liens and Security Interests. KNOW ALL MEN BY THESE PRESENTS: That the undersigned ENERJEX KANSAS, INC. (f/k/a Midwest Energy, Inc.), a Nevada corporation, whose mailing address is 7300 W. 110th St., ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇, and DD ENERGY, INC., a Nevada corporation (individually, “Mortgagor” and collectively, “Mortgagors”), whose mailing address is ▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇., ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇, for valuable consideration, the receipt of which is hereby acknowledged, and in consideration of the debt, effective as of July ___, 2008, have granted, bargained, sold, conveyed, transferred and assigned, and by these presents do GRANT, BARGAIN, WARRANT, SELL, CONVEY, MORTGAGE, PLEDGE, TRANSFER, ASSIGN AND SET OVER to TEXAS CAPITAL BANK, N.A., a national banking association, whose address is ▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, (“Mortgagee”), for itself, the Banks (as defined in the Credit Agreement), and for any Approved Counterparty (as defined in the Credit Agreement) under an Intercreditor Agreement (as defined in the Credit Agreement), all of Mortgagors’ rights, titles, interests and estates in and to the following property, whether real, personal or mixed, whether now owned or hereafter acquired under law or in equity (collectively, the “Mortgaged Property”); the inclusion of certain specific types and items of property and interests in one or more of the following Paragraphs are not intended in any way to limit the effect of the more general descriptions:
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Grant of Liens and Security Interests. KNOW ALL MEN BY THESE PRESENTS: That as of October 16, 2007 the undersigned ENERJEX KANSAS, INC. (f/k/a Midwest Energy, Inc.)RANCHER ENERGY CORP., a Nevada corporationcorporation doing business in the State of Wyoming as RANCHER ENERGY OIL & GAS CORP. (“Mortgagor”), with its principal office in Colorado, and whose mailing address is 7300 W. 110th St., ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇, and DD ENERGY, INC., a Nevada corporation (individually, “Mortgagor” and collectively, “Mortgagors”), whose mailing address is ▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇., ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇, for valuable consideration, the receipt of which is hereby acknowledged, and in consideration of the debtpremises and debt hereinafter mentioned, effective as of July ___, 2008, have has granted, bargained, sold, conveyed, transferred and assigned, and by these presents do does GRANT, BARGAIN, SELL, WARRANT, SELL, CONVEY, MORTGAGE, PLEDGE, TRANSFER, ASSIGN AND SET OVER to TEXAS GASROCK CAPITAL BANK, N.A.LLC, a national banking associationDelaware limited liability company, whose address is ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇Suite 2800, Houston, Texas 77010, and its successors and assigns (“Mortgagee”), with a power of sale, for itselfitself and as agent for BP CORPORATION NORTH AMERICA, INC., an Indiana corporation (together with its successors and assigns, “Swap Counterparty”), parties under that certain Intercreditor Agreement dated as of October 16, 2007 (as ratified, amended, extended, restated or otherwise modified from time to time, the Banks (as defined in the Credit “Intercreditor Agreement”), and for any Approved Counterparty (as defined in the Credit Agreement) under an Intercreditor Agreement (as defined in the Credit Agreement), all of Mortgagors’ rights, titles, interests and estates in and to the following property, whether real, personal or mixed, whether now owned or hereafter acquired under law or in equity (collectively, the “Mortgaged Property”); the inclusion of certain specific types and items of property and interests in one or more of the following Paragraphs are not intended in any way to limit the effect of the more general descriptions:
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