Commercial Property Sample Clauses
POPULAR SAMPLE Copied 3 times
Commercial Property. The Real Property is commercial rather than residential, and the Loan has not been made for personal, family or household purposes.
Commercial Property. The Real Property shall be used for commercial purposes as a multifamily residential apartment complex and not by the Borrower for residential, personal, family or household purposes.
Commercial Property. The Real Property is used as a multifamily apartment complex , and the Loan is for commercial purposes and has not been made for personal, family or household purposes.
Commercial Property. Mortgagor represents that this Mortgage does not encumber real property principally improved or to be improved by one or more structures containing in the aggregate not more than six residential dwelling units, each having its own separate cooking facilities.
Commercial Property. Mortgagor represents that this Security Instrument does not encumber real property principally improved or to be improved by one or more structures containing in the aggregate not more than six residential dwelling units, each having its own separate cooking facilities.
Commercial Property. Borrower represents that this Security Instrument does not encumber real property principally improved or to be improved by one or more structures containing in the aggregate not more than six residential dwelling units, each having its own separate cooking facilities.
Commercial Property. This Agreement does not cover real property principally improved or to be improved by one or more structures containing in the aggregate not more than six (6) residential dwelling units.
Commercial Property. There is no homestead right or any other similar right or exemption available to Borrower affecting the Property.
Commercial Property. Any and all property items and/or equipment intended for commercial use. Personal property used for a business is not covered. Examples include but are not limited to office furniture and equipment.
Commercial Property. The term “Commercial Property” shall mean all real property other than real property on which is located, or intended to be located, residential structures containing four dwelling units or less.