Assumption Agreement. Under the terms of the proposed transfer, the proposed transferee shall assume the Loan, without modification, under the terms of an assumption agreement and additional documentation reasonably satisfactory to the Lender in form and substance.
Appears in 5 contracts
Samples: Deed of Trust, Security Agreement and Fixture Filing, Deed of Trust, Security Agreement and Fixture Filing (Consolidated Capital Growth Fund), Future Advance Mortgage (Oxford Residential Properties I LTD Partnership)
Assumption Agreement. Under the terms of the proposed transfer, the proposed transferee shall assume the Loan, without modification, under the terms of an assumption agreement and additional documentation reasonably satisfactory to the Lender in form and substance. Under the assumption agreement, the transferee shall provide a representation as to the purchase price paid for the Real Property.
Appears in 3 contracts
Samples: Deed of Trust, Security Agreement and Fixture Filing (RREEF Property Trust, Inc.), Open End Mortgage Deed, Security Agreement and Fixture Filing (GTJ Reit, Inc.), Deed of Trust, Security Agreement and Fixture Filing (AmREIT, Inc.)
Assumption Agreement. Under the terms of the proposed transfer, the proposed transferee shall assume the Loan, without modification, under the terms tenns of an assumption agreement and additional documentation reasonably satisfactory to the Lender in form and substance. Under the assumption agreement, the transferee shall provide a representation as to tbe purchase price paid for the Real Property.
Appears in 1 contract
Samples: Deed of Trust, Security Agreement and Fixture Filing (NNN Apartment REIT, Inc.)
Assumption Agreement. Under the terms of the proposed transfer, the proposed transferee shall assume the Loan, without modification, under the terms of an assumption agreement and additional documentation reasonably satisfactory to the Lender Mortgagee in form and substance.
Appears in 1 contract
