Common use of Default on Secured Debt Clause in Contracts

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the Property or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the leasehold interest in the Property (or fee interest in improvements thereon) or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the Park Shirlington Real Property (or any improvements thereon) or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the Spectrum Real Property (or any improvements thereon) or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the fee simple interest in the Xxxxxxx Place Property or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the Xxxxxxxxx Garden 1 Real Property (or any improvements thereon) or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the Property or BorrowerXxxxxxxx’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the Xxxxxxx Place Property (or Borrowerany improvements Exhibit C FORM OF AHIF ACQUISITION NOTE thereon) or Xxxxxxxx’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the Property Xxxxxxx Place West Land Condominium Unit (or any improvements thereon) or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the leasehold interest in Xxxxxx House II Real Property or the fee simple interest in the Xxxxxx House II Improvements or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the Property Xxxxxxx Place East Land Condominium Unit (or any improvements thereon) or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the Xxxxxx Real Property (or any improvements thereon) or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the Property Columbia Hills West Land Condominium Unit (or any improvements thereon) or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against either the fee simple interest or leasehold interest in Park Shirlington Real Property or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against either the fee simple interest or leasehold interest in Parc Rosslyn Real Property or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the Xxxxxxx Place Property (or any improvements Exhibit C FORM OF AHIF ACQUISITION NOTE thereon) or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the Parc Rosslyn Real Property (or any improvements thereon) or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.

Default on Secured Debt. An event of default arises under any loan secured by a mortgage, deed of trust or other security instrument recorded against the Property (or any improvements thereon) or Borrower’s interest therein, and remains uncured beyond any applicable cure period such that the holder of such security instrument has the right to accelerate repayment of such loan.