Form of Mortgage. THIS MORTGAGE, dated as of _______ ___, 199_ and which includes a security agreement, an assignment of leases, rents and profits, a financing statement and a fixture filing, is made by [Insert name of owner/mortgagor] ("Mortgagor"), a [ ] corporation whose address is __________________________ ("Mortgagor"), to THE CHASE MANHATTAN BANK, a New York banking corporation whose address is 270 Park Avenue, New York, New York 10017, as Collateral Agent ("Xxxxxxxxx") xxx [(x) xxxxxx, (x) xxx xanks and other financial institutions (collectively, the "Lenders") (together with any banking affiliate of any Lender entering into any Hedging Agreement) from time to time parties to the Credit Agreement, dated as of October 6, 1998 (as the same may be amended, waived, supplemented or otherwise modified from time to time and together with any successor agreement, the "Credit Agreement") among
Form of Mortgage. The form of Mortgage to be used for the Mortgage Loans shall comply with the requirements of Section 4.08(g) of the Procedural Guide, providing that the Mortgage Loan shall become due upon any transfer of the Eligible Residence subject to the Mortgage Loan without the approval of the Agency.
Form of Mortgage. Acceleration: Declare the Obligations to be immediately due and payable, without notice of intent to accelerate, notice of acceleration or any further notice, presentment, protest, demand or action of any nature whatsoever (each of which hereby is expressly waived by Grantor), whereupon the same become immediately due and payable.
Form of Mortgage. Within ten (10) Business Days following the Fifteenth Amendment Closing Date, Foothill and Borrower shall negotiate and agree on the basic form of Leasehold Mortgage to be used to encumber the Leasehold Mortgage Properties, with such basic form of Leasehold Mortgage to be modified as necessary to comply with the respective laws of the states in which such Leasehold Mortgage Properties are located.
Form of Mortgage. Give receipts, releases and satisfactions for any and all Rents and any other obligations and duties under the Leases; or
Form of Mortgage. The Property includes all material property and rights which may be reasonably necessary or desirable for the use, if any, of the Property;
Form of Mortgage. Trustor shall not bring or keep any article on the Property or cause or allow any condition to exist on it that invalidates any insurance coverage required to be maintained by Trustor on the Property or any part of it under this Mortgage or the Loan Documents.
Form of Mortgage. Extend the time for payment, or otherwise alter the terms of payment, of any Secured Obligation;
Form of Mortgage. Unless otherwise expressly obligated to do so by the terms and provisions of any Lease (and then only to the extent of any such obligation), Trustor shall not subordinate any Ground Lease or Ground Leasehold to any mortgage or other encumbrance of, or lien on, any interest in the real property subject to such Ground Leasehold without the prior written consent of Beneficiary. Any such prohibited subordination without such consent shall, at Beneficiary’s option, be void.
Form of Mortgage. In addition to all other Events of Default described in this Mortgage, the occurrence of any of the following shall be an Event of Default hereunder:
