INDEBTEDNESS SECURED BY THE MORTGAGE Sample Clauses

INDEBTEDNESS SECURED BY THE MORTGAGE. The Mortgagor agrees that the mortgage secures all Indebtedness up to the Principal Amount with interest thereon at the interest rate set out above.
AutoNDA by SimpleDocs
INDEBTEDNESS SECURED BY THE MORTGAGE. You agree the mortgage secures all debts and liabilities described as indebtedness in Schedule “A” up to the Principal Amount with interest thereon at the Interest Rate, including the debt described in Section 3.
INDEBTEDNESS SECURED BY THE MORTGAGE. You agree the mortgage secures the Principal Amount with interest thereon as set out in Section 3 below, as amended from time to time, and all other indebtedness and credit extended to you from to time. Fixed Loan The mortgage secures a fixed loan in the amount of $ . You agree to pay the loan with interest thereon as well after as before maturity and both before and after default at the rate of percent ( %) [if an adjustable rate loan, state as prime rate plus___%] per annum calculated semi-annually, not in advance (the “Interest Rate”), computed from the date the loan, or any part thereof, is advanced on so much of the loan as shall from time to time remain unpaid until the whole of the loan is paid. The principal and interest of the loan shall become due and be paid as follows:
INDEBTEDNESS SECURED BY THE MORTGAGE. You agree the mortgage secures the loan and credit we extend to you for the Principal Amount of this mortgage with interest thereon as set out in Section 3 below.

Related to INDEBTEDNESS SECURED BY THE MORTGAGE

  • Indebtedness Create, incur, assume, or be liable for any Indebtedness, or permit any Subsidiary to do so, other than Permitted Indebtedness.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!