Common use of Compliance with Recorded Documents; No Future Grants Clause in Contracts

Compliance with Recorded Documents; No Future Grants. Mortgagor shall promptly perform and observe or cause to be performed and observed, all of the terms, covenants and conditions of all Property Agreements and all things necessary to preserve intact and unimpaired any and all appurtenances or other interests or rights affecting the Property.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Mortgage and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)

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Compliance with Recorded Documents; No Future Grants. Mortgagor shall promptly perform and observe or cause to be performed and observed, all of the terms, covenants and conditions of all Property Agreements and all things necessary to preserve intact and unimpaired any and all appurtenances or other interests or rights affecting the Mortgaged Property.

Appears in 2 contracts

Samples: Mortgage, Security Agreement, Assignment of Rents and Fixture Filing (Motels of America Inc), Mortgage, Security Agreement, Assignment of Rents and Fixture Filing (Mills Corp)

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