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 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 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 leasehold interest in the Parc Rosslyn Real Property (or fee interest in 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 the Xxxxxx Real Property (or fee interest in 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 the Xxxxxxxxx Garden 1 Real Property (or fee interest in 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 the Spectrum Real Property (or fee interest in 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 the Parc Rosslyn Real 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 leasehold interest in the Property Xxxxxxx Place East Land Condominium Unit (or fee interest in 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 Following Borrower’s acquisition of the Property, a 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 leasehold interest in the Property (or fee interest in improvements thereon) 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 either the fee simple interest or leasehold interest in the Park Shirlington Real 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 either the fee simple interest or leasehold interest in the Xxxxxx Gardens Real 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 leasehold fee simple interest in the Xxxxxxx Place 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 leasehold interest in the Xxxxxxx Place Property (or fee interest in 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 the Property (or fee interest in 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 the Park Shirlington Real Property (or fee interest in 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 Property (or fee simple interest in improvements thereon) 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 leasehold interest in the Property Columbia Hills West Land Condominium Unit (or fee interest in 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 the Xxxxxx Gardens Real Property (or fee interest in 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 the Property Xxxxxxx Place West Land Condominium Unit (or fee interest in 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.