APT MotoVox Group Inc. (MTVX)

[Kool Aid Man]

APT's property is MORTGAGED

ARTICLE ONE says the "original principal amount is $3.5 million."

Of special note-- see the bottom of page 4

ARTICLE FOUR
"Transfers, Encumbrances and Liens"

4.1 Sale or Transfer of Mortgaged Property:

In short, it says that the grantee (APT) can't sell the property "without first obtaining written permission from the Lender."

ARTICLE FIVE TAXES
APT is in gross violation of this provision for failure to pay it's property taxes. Apparently they are in "default." Therefore, it appears the Lender can pay those taxes and reclaim the property.

ARTICLE NINE covers DEFAULT provisions. If APT is behind in it's payments the Lender could possibly reclaim the property and sell it to Cerner

Click to view the actual document
http://www.scribd.com/doc/215375007/opr2012E0000302-1-15-Privitera-APT-Real-Estate