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.
Appears in 5 contracts
Samples: Deed of Trust, Security Agreement and Fixture Filing, Future Advance Mortgage (Angeles Partners X), Deed of Trust, Security Agreement and Fixture Filing (United Investors Income Properties)
Commercial Property. The Real Property shall be used for commercial purposes as a multifamily residential apartment complex and not by the Borrower rather than for residential, personal, family or household purposes.
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.)