Implicit Fact about Bounded Monotone Sequence converges

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If you have a sequence $ a_n $ which is bounded and monontonic increasing the theorem tells us it converges to a limit $ L $

But having looked at the proof is it implicit that this limit $ L= Sup \left \{a_n : n \in \mathbb{N} \right \} $ ?

and does the proof also implicitly tell you if $ a_n $ is bounded and monontonic decreasing then $ L= Inf \left \{a_n : n \in \mathbb{N} \right\} $ ?

I.e asking to show that $ L= Sup/Inf \left \{a_n : n \in \mathbb{N} \right \} $ is the same as asking for proof of bounded and monontonic sequence theorem? (edit: given the sequence is bounded and monotone)