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Common use of Assignment of Leases Clause in Contracts

Assignment of Leases. Upon Xxxxxx’s request after default, Borrower shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, Xxxxxx shall have the right to modify, extend or terminate the existing leases and to execute new leases, in Xxxxxx’s sole discretion. As used in this paragraph , the word “lease” shall mean “sublease” if the Security Instrument is on a leasehold.

Appears in 45 contracts

Samples: Mortgage, Mortgage, Deed of Trust

Assignment of Leases. Upon Xxxxxx’s request after default, Borrower shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, Xxxxxx shall have the right to modify, extend or terminate the existing leases and to execute new leases, in Xxxxxx’s sole discretion. As used in this paragraph G, the word “lease” shall mean “sublease” if the Security Instrument is on a leasehold.

Appears in 3 contracts

Samples: Assignment of Lease, 1 4 Family Rider, 1 4 Family Rider

Assignment of Leases. Upon Xxxxxx’s request after default, Borrower I shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, Xxxxxx shall have the right to modify, extend or terminate the existing leases and to execute new leases, in Xxxxxx’s sole discretion. As used in this paragraph , the word “lease” shall mean “sublease” if the Security Instrument is on a leasehold.

Appears in 2 contracts

Samples: Open End Mortgage, Open End Mortgage

Assignment of Leases. Upon Xxxxxx’s request after default, Borrower shall assign absolutely and unconditionally assigns and transfers to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignmentAfter a default, Xxxxxx Lender shall have the right to modify, extend or terminate the existing leases and to execute new leases, in Xxxxxx’s sole discretion. As used in this paragraph Section 23, the word “lease” shall mean “sublease” if the Security Instrument is on a leasehold.

Appears in 1 contract

Samples: Mortgage, Security Agreement and Fixture Filing

Assignment of Leases. Upon Xxxxxx’s 's request after default, Borrower shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, Xxxxxx shall have the right to modify, extend or terminate the existing leases and to execute new leases, in Xxxxxx’s 's sole discretion. As used in this paragraph , the word "lease" shall mean "sublease" if the Security Instrument is on a leasehold.

Appears in 1 contract

Samples: Loan Agreement (S&W Seed Co)

Assignment of Leases. Upon Xxxxxx’s request after default's request, Borrower shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, Xxxxxx shall have the right to modify, extend or terminate the existing leases and to execute new leases, in Xxxxxx’s 's sole discretion. As used in this paragraph G, the word “lease” work "lease shall mean "sublease" if the Security Instrument is on a leasehold.

Appears in 1 contract

Samples: Mortgage

Assignment of Leases. Upon Xxxxxx’s request after default, Borrower shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, Xxxxxx shall have the right to modify, extend or terminate the existing leases and to execute new leases, in Xxxxxx’s sole discretion. As used in this paragraph , the word “lease” shall mean “sublease” if the Security Instrument is on a leasehold.a

Appears in 1 contract

Samples: Open End Deed of Trust

Assignment of Leases. Upon Xxxxxx’s 's request after default, Borrower shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, Xxxxxx shall have the right to modify, extend or terminate the existing leases and to execute new leases, in Xxxxxx’s 's sole discretion. As used in this paragraph paragraph, the word "lease" shall mean "sublease" if the Security Instrument is on a leasehold.

Appears in 1 contract

Samples: Loan Agreement (S&W Seed Co)

Assignment of Leases. Upon Xxxxxx’s request after default, Borrower shall will assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, Xxxxxx shall will have the right to modify, extend extend, or terminate the existing leases and to execute new leases, in Xxxxxx’s sole discretion. As used in this paragraph , D the word “lease” shall will mean “sublease” if the Security Instrument is on a leasehold.

Appears in 1 contract

Samples: 1 4 Family Rider

Assignment of Leases. Upon Xxxxxx’s request after default, Borrower shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, Xxxxxx shall have the right to modify, extend or terminate the existing leases and to execute new leases, in Xxxxxx’s sole discretion. As used in this paragraph , the word “lease” shall mean “sublease” if the Security Instrument is on a leasehold.sole

Appears in 1 contract

Samples: Open End Mortgage