CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, and the successors and assigns of Lender, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 15 contracts
Samples: Mortgage and Security Agreement (Corporate Property Associates 15 Inc), Mortgage and Security Agreement (Corporate Property Associates 15 Inc), Mortgage and Security Agreement (Wellsford Real Properties Inc)
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, Lender and the its successors and assigns of Lenderassigns, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other Obligations (as herein defined) as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein herein, in the Note and in the NoteLoan Agreement, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 2 contracts
Samples: Senior Loan Agreement (Hyatt Hotels Corp), Clear (Corporate Property Associates 15 Inc)
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, and the successors and assigns of Lender, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note Note, the Loan Agreement and this Security Instrument, shall well and truly perform the Other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the NoteNote and Loan Agreement, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 2 contracts
Samples: Mortgage and Security Agreement (Griffin Land & Nurseries Inc), Mortgage and Security Agreement (Griffin Land & Nurseries Inc)
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, Lender and the its successors and assigns of Lenderassigns, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower Mortgagor shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other Obligations (as herein defined) as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein herein, in the Note and in the NoteLoan Agreement, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 2 contracts
Samples: Mortgage and Security Agreement (Felcor Lodging Trust Inc), Mortgage and Security Agreement (Felcor Lodging Trust Inc)
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, Lender and the its successors and assigns of Lenderassigns, forever; . PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other Obligations (as herein defined) as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein herein, in the Note and in the NoteLoan Agreement, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 2 contracts
Samples: And Security Agreement (KBS Real Estate Investment Trust, Inc.), Restatement Agreement (KBS Real Estate Investment Trust, Inc.)
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted Property hereby mortgaged and described Property conveyed, or so intended, unto the Mortgagee and to the use and benefit of Lender, and the its successors and assigns of Lenderassigns, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower Xxxxxxxxx shall well and truly pay to Lender Mortgagee the Debt at the time and in the manner provided in the Note and Note, this Security InstrumentInstrument and the other Loan Documents, shall well and truly perform the Other Obligations as set forth in this Security Instrument and the other Loan Documents and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the NoteLoan Documents, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 2 contracts
Samples: Lightstone Value Plus Real Estate Investment Trust, Inc., Lightstone Value Plus Real Estate Investment Trust, Inc.
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, and the successors and assigns of Lender, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other Obligations (as defined in Section 2.1 hereof) as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 2 contracts
Samples: Mortgage And (Secured Investment Resources Fund Lp Ii), Mortgage and Security Agreement (Cedar Shopping Centers Inc)
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, and the successors and assigns of Lender, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt as defined below at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other Obligations (as defined in Article 2) as set forth in this Security Instrument but in any event on or before October 1, 2007 and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 1 contract
Samples: Mortgage and Security Agreement and Fixture Financing Statement (Venturian Corp)
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto the Lender and to the use and benefit of Lender, and the its successors and assigns of Lender, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower Xxxxxxxxxx shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, and Xxxxxxxxxx and Mortgagor shall well and truly perform the Other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 1 contract
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, and the successors and assigns of Lender, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, these presents and the estate hereby granted shall ceaseshall, terminate at the request and at the expense of Borrower, be voidterminated.
Appears in 1 contract
Samples: Empire Resorts Inc
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, and the successors and assigns of Lender, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, these presents and the estate hereby granted shall cease, terminate and be void.. - Debt And Obligations Secured
Appears in 1 contract
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, and the successors and assigns of Lender, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other Obligations (as defined in Section 2.1 hereof) as set forth in this Security Instrument and shall well and truly abide by and comply in all material respects with each and every covenant and condition set forth herein and in the Note, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 1 contract
Samples: Extension and Spreader Agreement and Security Agreement (Sun Communities Inc)
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, Lender and the its successors and assigns of Lenderassigns, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower (a) Mortgagor shall well and truly pay to Lender the Debt at outstanding principal amount of the time Loan set forth in, and evidenced by, the Loan Agreement and the Note, together with all interest accrued and unpaid thereon and all other sums due to Lender in respect of the manner provided in the Note Debt, and this Security Instrument, (b) Mortgagor shall well and truly perform the Other Obligations (as herein defined) as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the NoteInstrument, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 1 contract
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto the Lender and to the use and benefit of Lender, and the its successors and assigns of Lender, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower Mortgagor shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 1 contract
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, and the successors and assigns of Lender, WITH POWER OF SALE, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein herein, in the Note and in the Noteother Loan Documents, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 1 contract
Samples: Mortgage, Security Agreement and Fixture Filing (Excal Enterprises Inc)
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, Lender and the its successors and assigns of Lenderassigns, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower Lender shall be well and truly pay to Lender paid the Debt at the time and in the manner provided in the Note Note, the Loan Agreement and this Security Instrument, if Borrower shall well and truly perform the Other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, the Loan Agreement and the other Loan Documents, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 1 contract
Samples: Security Agreement and Fixture Filing (Glimcher Realty Trust)
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, and for the successors and assigns of Lender, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 1 contract
Samples: Mortgage And (Resource Real Estate Opportunity REIT, Inc.)
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, Mortgagee and the its successors and assigns of Lenderassigns, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower Mortgagee shall be well and truly pay to Lender paid the Debt at the time and in the manner provided in the Note Note, the Loan Agreement and this Security Instrument, if Borrower shall well and truly perform the Other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, the Loan Agreement and the other Loan Documents, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 1 contract
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, and the successors and assigns of Lender, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrumentfull, shall well and truly perform the Other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, these presents and the estate hereby granted shall cease, terminate and be void.
Appears in 1 contract
Samples: And Consolidated Mortgage and Security Agreement (Alexanders Inc)
CONDITIONS TO GRANT. TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, and the successors and assigns of Lender, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, these presents and the estate hereby granted shall cease, terminate and be void, except to the extent any provision herein provides that it shall survive the repayment of the obligations.
Appears in 1 contract
Samples: Mortgage and Security Agreement (Polymer Research Corp of America)