Common use of Homestead Clause in Contracts

Homestead. The Property forms no part of any property owned, used or claimed by Borrower as a residence or business homestead and is not exempt from forced sale under the laws of the State in which the Real Estate is located. Borrower hereby disclaims and renounces each and every claim to all or any portion of the Property as a homestead.

Appears in 10 contracts

Samples: Loan Agreement (City Office REIT, Inc.), Open End Mortgage, Assignment of Leases and Rents and Security Agreement (Gladstone Commercial Corp), Mortgage, Assignment of Leases and Rents and Security Agreement (Gsi Commerce Inc)

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Homestead. The Property forms no part of any property owned, used or claimed by Borrower as a residence or business homestead and is not exempt from forced sale under the laws of the State state in which the Real Estate Property is located. Borrower hereby disclaims and renounces each and every claim to all or any portion of the Property as a homestead.

Appears in 4 contracts

Samples: Syndicated Term Loan Agreement (Strategic Storage Trust VI, Inc.), Syndicated Term Loan Agreement (Strategic Storage Trust VI, Inc.), Syndicated Term Loan Agreement (Strategic Storage Trust IV, Inc.)

Homestead. The Property forms no part of any property owned, used or claimed by Borrower Bxxxxxxx as a residence or business homestead and is not exempt from forced sale under the laws of the State in which the Real Estate is located. Borrower hereby disclaims and renounces each and every claim to all or any portion of the Property as a homestead.

Appears in 2 contracts

Samples: Deed of Trust, Assignment of Leases and Rents and Security Agreement (Gladstone Commercial Corp), Deed of Trust, Assignment of Leases and Rents and Security Agreement (Gladstone Commercial Corp)

Homestead. The Property forms no part of any property owned, used or claimed by Borrower Mortgagor as a residence or business homestead and is not exempt from forced sale under the laws of the State in which the Real Estate Property is located. Borrower Mortgagor hereby disclaims and renounces each and every claim to all or any portion of the Property as a homestead.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Corporate Property Associates 16 Global Inc)

Homestead. The Property forms no part of any property owned, used or claimed by Borrower Xxxxxxxxx as a residence or business homestead and is not exempt from forced sale under the laws of the State in which the Real Estate is located. Borrower Mortgagor hereby disclaims and renounces each and every claim to all or any portion of the Property as a homestead.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Industrial Income Trust Inc.)

Homestead. The Property forms no part of any property owned, used or claimed by Borrower Bxxxxxxx as a residence or business homestead and is not exempt from forced sale under the laws of the State state in which the Real Estate Property is located. Borrower hereby disclaims and renounces each and every claim to all or any portion of the Property as a homestead.

Appears in 1 contract

Samples: Syndicated Term Loan Agreement (Strategic Storage Trust VI, Inc.)

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Homestead. The Property forms no part of any property owned, used or claimed by Borrower Bxxxxxxx as a residence or business homestead and is not exempt from forced sale under the laws of the State in which the Real Estate Land is located. Borrower hereby disclaims and renounces each and every claim to all or any portion of the Property as a homestead.

Appears in 1 contract

Samples: Building Loan Agreement (ACRES Commercial Realty Corp.)

Homestead. The Property forms no None of the Properties form a part of any property owned, used or claimed by Borrower as a residence or business homestead and is not are exempt from forced sale under the laws of the State in which any of the Real Estate is Properties are located. Borrower hereby disclaims and renounces each and every claim to all or any portion of the any Property as a homestead.a

Appears in 1 contract

Samples: Loan Agreement (Catellus Development Corp)

Homestead. The Property forms no part of any property owned, used or claimed by Borrower Trustor as a residence or business homestead and is not exempt from forced sale under the laws of the State in which the Real Estate is located. Borrower Trustor hereby disclaims and renounces each and every claim to all or any portion of the Property as a homestead.

Appears in 1 contract

Samples: Loan Agreement (Catellus Development Corp)

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