Grant of Mortgage. For valuable consideration, Grantor mortgages to Lender all of Grantor’s right, title, and interest in and to the following described real property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights, watercourses and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the “Real Property”) located in Pinellas County, State of Florida: See See Exhibit “A”, which is attached to this Mortgage and made a part of this Mortgage as if fully set forth herein. The Real Property or its address is commonly known as 00000 XX Xxx 00X, xxxxxxxxxx, Xxxx Xxxxxx, XX 00000. The Real Property tax identification number is 25/27/15/43096/000/3010-25/27/15/43101/000/1040-25/27/15/43114/000/2001. Grantor presently assigns to Lender all of Grantor’s right, title, and interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Grantor grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents. THIS MORTGAGE, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS UNDER THE NOTE IN THE ORIGINAL PRINCIPAL AMOUNT OF $1,200,000.00, THE RELATED DOCUMENTS, AND THIS MORTGAGE. THIS MORTGAGE IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: GRANTOR’S WAIVERS. Grantor waives all rights or defenses arising by reason of any “one action” or “anti-deficiency” law, or any other law which may prevent Lender from bringing any action against Grantor, including a claim for deficiency to the extent Lender is otherwise entitled to a claim for deficiency, before or after Lender’s commencement or completion of any foreclosure action, either judicially or by exercise of a power of sale.
Grant of Mortgage. The Borrower hereby grants, mortgages and charges to and in favour of the Lender all right, title, estate and interest of the Borrower in and to the Lands as security for the payment to the Lender of the Principal Amount, together with interest thereon and all other monies owing under this Mortgage, and the performance of all covenants, agreements and obligations secured by this Mortgage upon the terms set out in this Mortgage.
Grant of Mortgage. The Lender has agreed to loan the Borrower money on the terms set out in this Mortgage. In consideration for the loan made by the Lender to the Borrower of the principal amount or that part of the principal amount that is advanced and the additional principal amounts, if any, that are advanced to the Borrower from time to time (which by signing and delivering the Mortgage the Borrower acknowledges having received from the Lender), the Borrower mortgages and charges the Borrower's entire estate and interest in the Property to the Lender, to secure repayment of the loan amount and to ensure that the Borrower performs all of the Borrower's obligations under the Mortgage and the commitment letter. When the Borrower has repaid the loan amount in full as provided in the Mortgage, the Lender is under no obligation to loan any additional principal amounts to the Borrower. If the Borrower is not in Default, the Lender will have no further interest in the Property. The Lender has the right to assign the Mortgage and the payment of amounts secured by the Mortgage. An assignment by the Lender will not cause the Mortgage to cease to operate nor entitle the Borrower to a discharge of the Mortgage.
Grant of Mortgage. For valuable consideration, Grantor grants and conveys to Lender and Lender's successors and assigns, with power of sale, all of Grantor's right, title, and interest in and to the following described real property, together with all existing or subsequently erected or affixed buildings, Improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights, watercourses and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without limitation all minerals, oil, gas, geothermal and similar matters, located in WINDSOR County, State of Vermont (the "Real Property"): SEE ATTACHED SCHEDULE A The Real Property or its address is commonly known as XXXXXXXX XXXXXXXX XXXXXX XXXXX, XXXXXXXXXXX, XX 00000. Grantor presently assigns to Lender all of Grantor's right, title, and interest in and to all leases of the Property and all Rents from the Property. In addition, Grantor grants to Lender a Uniform Commercial Code security interest in the Personal Properly and Rents.
Grant of Mortgage. To secure the full and timely payment, performance and discharge of the Obligations, Mortgagor hereby irrevocably MORTGAGES, GRANTS, BARGAINS, SELLS, ENFEOFFS, ASSIGNS, TRANSFERS and CONVEYS unto Mortgagee and Mortgagee's successors and assigns, as arranger and administrative agent for the Lenders pursuant to the terms of the Loan Agreement, for the use and benefit of Mortgagee, the real and personal property, rights, titles, interests and estates constituting the Mortgaged Property, subject, however, to the Permitted Encumbrances; TO HAVE AND TO HOLD the Mortgaged Property unto Mortgagee and Mortgagee's successors and assigns, subject to the terms and conditions of this Mortgage, forever, and Mortgagor does hereby bind itself, its successors and assigns to WARRANT AND FOREVER DEFEND the title to the Mortgaged Property unto Mortgagee against every person whomsoever lawfully claiming or to claim the same or any part thereof, subject only to the Permitted Encumbrances; provided, however, that if Mortgagor shall pay (or cause to be paid) the Obligations as and when the same shall become due and payable and shall perform and discharge (or cause to be performed and discharged) the Obligations on or before the date the same are to be performed and discharged, then the mortgage interests, liens, security interests, estates and rights granted by this Mortgage shall terminate. Notwithstanding the foregoing, the maximum principal indebtedness secured hereby shall in no event exceed the sum of TWO MILLION AND 00/100 DOLLARS ($2,000,000.00).
Grant of Mortgage. For valuable consideration, the receipt of which is hereby acknowledged, the Grantor hereby mortgages and conveys to City, its heirs, executors, administrators, successors, and assigns, all of Grantor’s right, title, and interest in and to the following described real property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights, water permits, and watercourses (including stock in utilities with water or irrigation permits or rights); and all other rights, royalties, and profits relating to the real property, including without limitation all minerals, oil, coal, gravel, clay, scoria, gas, geothermal and similar matters, located in the county of Xxxx, state of North Dakota, described as follows, to wit (the “Real Property”):
Grant of Mortgage. Grantor does hereby MORTGAGE and WARRANT to the Bank and its successors and assigns forever the Property and grants to the Bank and its successors and assigns a continuing security interest in the Property to secure the timely repayment and performance of the Secured Liabilities, to have and to hold the Property, with all of the tenements, hereditaments, easements, appurtenances and other rights and privileges thereunto belonging or in any manner now or hereafter appertaining thereto, for the use and benefit of the Bank upon the conditions hereinafter set forth.
Grant of Mortgage. Grantor does hereby MORTGAGE and WARRANT to the Lender and its successors and assigns forever the Property and grants to the Lender and its successors and assigns a continuing security interest in the Property to secure the timely repayment and performance of the Liabilities, to have and to hold the Property, with all of the tenements, hereditaments, easements, appurtenances and other rights and privileges thereunto belonging or in any manner now or hereafter appertaining thereto, for the use and benefit of the Lender upon the conditions hereinafter set forth.
Grant of Mortgage. In consideration of the Operating Agreement (as such term is defined in the Standard Mortgage Terms), the sums of money advanced or to be advanced to you, the sum of $1.00, and other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), you xxxxxx xxxxx, mortgage and charge to us and our heirs and successors, all of your estate and interest in the lands described as follows: Legal Description: Civic Address: Nature of Estate Held: Fee Simple, with same being in addition to the security in the Standard Mortgage Terms.
Grant of Mortgage. In order to secure payment of the Secured Obligations and to secure the performance and observance of and compliance with the covenants, terms and conditions contained in this Mortgage, the Credit Agreement, and the other Credit Documents, the Mortgagor has GRANTED, CONVEYED and MORTGAGED and does by these presents GRANT, CONVEY and MORTGAGE unto the Mortgagee for the benefit of the Banks and their respective successors and assigns, a First Preferred Naval Mortgage on the Vessel, securing the payment of a maximum principal amount of Three Hundred Million US Dollars (US$300,000,000.00) plus all other amounts for whatsoever reason at any one time forming part of the Secured Obligations, and the performance and observance of, and compliance with, the covenants, terms and conditions contained in this Mortgage, the Credit Agreement, and the other Credit Documents, to have and to hold the same unto the Mortgagee for the benefit of the Banks, and this Mortgage constitutes a First Preferred Naval Mortgage lien on the Vessel.
