EX-10.2
from 8-K
16 pages
14101592v7 6/22/2023 3:06 Pm 1075.341 Document Prepared By: Goldberg Kohn Ltd. 55 East Monroe, Suite 3300 Chicago, Illinois 60603 Attn: Jami L. Brodey Mortgage--One Hundred Eighty Day Redemption Mortgage--Collateral Real Estate Mortgage (With Future Advance Clause)--One Hundred Eighty Day Redemption, Assignment of Leases and Rents, Security Agreement and Fixture Filing This Mortgage—one Hundred Eighty Day Redemption, Mortgage-- Collateral Real Estate Mortgage (With Future Advance Clause)--One Hundred Eighty Day Redemption, Assignment of Leases and Rents, Security Agreement and Fixture Filing ("Mortgage"), Dated as of July 6, 2023 Is Made and Executed by Daktronics, Inc., a South Dakota Corporation ("Mortgagor"), Having Its Principal Offices at 201 Daktronics Drive, Brookings, South Dakota 57006 in Favor of Jpmorgan Chase Bank, N.A. in Its Individual Capacity, "Jpm"), Having an Office at 10 South Dearborn Street, Floor L2, Chicago, Illinois 60603, as Administrative Agent (Jpm, in Its Capacity as Administrative Agent Being Hereinafter Referred to as "Agent" or "Mortgagee") for Lenders (As Defined in the Credit Agreement as Defined Below). the Parties Agree That This Mortgage Constitutes a Collateral Real Estate Mortgage Pursuant to Sdcl 44-8-26, and Is Subject to the Provisions of Sdcl 44-8-26. the Parties Agree That the Provisions of the One Hundred Eighty Day Redemption Mortgage Act, Sdcl 21-49-11 to 21-49-40 Govern This Mortgage. This Shall Constitute and Authorized a Power of Sale Under the Provisions of Such Act. This Document Is Also a Financing Statement Filed as a Fixture Filing and Should Be Indexed in the Index of Financing Statements Under the Names of the Mortgagor as Debtor, and the Agent, as Secured Party
12/34/56