Confirmation of Security Interest. Nothing contained herein shall affect or be construed to affect any lien, charge or encumbrance created by any Loan Document or the priority of that lien, charge or encumbrance. All assignments and transfers by Borrower to Assumptor are subject to any security interest(s) held by Noteholder.
Appears in 7 contracts
Samples: Assumption Agreement (Alpine Income Property Trust, Inc.), Assumption Agreement, Assumption Agreement (Industrial Income Trust Inc.)
Confirmation of Security Interest. Nothing contained herein shall affect or be construed to affect any lien, charge or encumbrance created by any Loan Document or the priority of that lien, charge or encumbrance. All assignments and transfers by Borrower to Assumptor Buyer are subject to any security interest(s) held by NoteholderLender.
Appears in 5 contracts
Samples: Assumption of Mortgage and Security Agreement, Assumption Agreement (Moody National REIT I, Inc.), Assumption of Mortgage and Security Agreement (Cb Richard Ellis Realty Trust)
Confirmation of Security Interest. Nothing contained herein shall affect or be construed to affect any lien, charge or encumbrance created by any Loan Document or the priority of that lien, charge or encumbrance. All assignments and transfers by Borrower to Assumptor are subject to any security interest(s) held by Noteholder. Assumptor shall promptly execute and deliver any further documents reasonably requested by the Noteholder to evidence the liens, charges and encumbrances created by the Loan Documents, including, without limitation, evidence of recordation of the Memorandum of Assumption Agreement after the Effective Date.
Appears in 2 contracts
Samples: Assumption Agreement (Pebblebrook Hotel Trust), Assumption Agreement (Pebblebrook Hotel Trust)
Confirmation of Security Interest. Nothing contained herein shall affect or be construed to affect any lien, charge or encumbrance created by any Loan Document or the priority of that lien, charge or encumbrance. All assignments and transfers by Borrower to Assumptor New Borrower are subject to any security interest(s) held by NoteholderLender.
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Confirmation of Security Interest. Nothing contained herein shall affect or be construed to affect any lien, charge or encumbrance created by any Loan Document or the priority of that lien, charge or encumbrance. All assignments and transfers by Borrower to Assumptor Buyer are subject to any security interest(s) held by NoteholderLender. Nothing herein shall be construed to constitute a novation of the Loan or of any of the Loan Documents and any attempt to construe this Agreement as a novation is contrary to the express intent of the parties.
Appears in 1 contract
Samples: Assumption Agreement (Strategic Storage Trust II, Inc.)
Confirmation of Security Interest. Nothing contained herein shall affect or be construed to affect any lien, charge or encumbrance created by any Loan Document or the priority of that lien, charge or encumbrance. All assignments and transfers by Borrower to Assumptor are subject to any security interest(s) held by Noteholder.
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