Common use of Further Assurances; Supplemental Mortgage Affidavits Clause in Contracts

Further Assurances; Supplemental Mortgage Affidavits. Borrower shall, at Borrower’s sole cost and expense: (a) execute and deliver to Lender such documents, instruments, certificates, assignments and other writings, and do such other acts necessary or desirable, to evidence, preserve and/or protect the collateral at any time securing or intended to secure the Obligations, as Lender may reasonably require; and (b) do and execute all and such further lawful and reasonable acts, conveyances and assurances for the better and more effective carrying out of the intents and purposes of the Loan Documents, as Lender shall reasonably require from time to time.

Appears in 4 contracts

Samples: Loan Agreement (American Realty Capital New York City REIT, Inc.), Loan Agreement (Moody National REIT I, Inc.), Loan Agreement (Moody National REIT I, Inc.)

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Further Assurances; Supplemental Mortgage Affidavits. Borrower shallshall (or shall cause Senior Borrower to cause Manager to), at Borrower’s sole cost and expense: (a) execute and deliver to Lender such documents, instruments, certificates, assignments and other writings, and do such other acts necessary or desirable, to evidence, preserve and/or protect the collateral at any time securing or intended to secure the Obligations, as Lender may reasonably require; and (b) do and execute all and such further lawful and reasonable acts, conveyances and assurances for the better and more effective carrying out of the intents and purposes of the Loan Documents, as Lender shall reasonably require from time to time.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Sun Communities Inc)

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