Last Dollars Secured. This Deed of Trust secures only a portion of the Indebtedness owing or which may become owing by the Grantor. The parties agree that any payments or repayments of such Indebtedness by the Grantor shall be and be deemed to be applied first to the portion of the Indebtedness that is not secured hereby, it being the parties’ intent that the portion of the Indebtedness last remaining unpaid shall be secured hereby.
Last Dollars Secured. This Mortgage secures only a portion of the Indebtedness owing or which may become owing by the Mortgagor. The parties agree that any payments or repayments of such Indebtedness by the Mortgagor shall be deemed to be applied first to the portion of the Indebtedness that is not secured hereby, it being the parties’ intent that the portion of the Indebtedness last remaining unpaid shall be secured thereby.
Last Dollars Secured. The parties agree that any payments or repayments of Obligations by Mortgagor shall be and be deemed to be applied first to the portion of the Obligations that is not secured hereby, if any, it being the parties’ intent that the portion of the Obligations last remaining unpaid shall be secured hereby.
Last Dollars Secured. This Mortgage secures only a -------------------- portion of the Indebtedness owing or which may become owing by the Mortgagor. The parties agree that any payments or repayments of such Indebtedness by the Mortgagor shall be and be deemed to be applied first to the portion of the Indebtedness that is not secured hereby, it being the parties' intent that the portion of the Indebtedness last remaining unpaid shall be secured hereby. THUS DONE AND PASSED, on the day, month and year first written above, effective as of the Effective Date, in the State and Parish aforesaid, by the undersigned Mortgagor in the presence of the undersigned Notary and the undersigned competent witnesses, who hereunto sign their names with Mortgagor after reading of the whole. WITNESSES: MORTGAGOR: LUCKY MAGNOLIA TRUCK STOP AND CASINO, L.L.C., a Louisiana limited liability company /s/ Xxxxxxx X. Xxxxxxxxxx /s/ Xxx X. Xxxxxxx ___________________________________ By: _________________________________ Xxx X. Xxxxxxx Xxxxxxx X. Xxxxxxxxxx Authorized Officer Printed Name: _____________________ /s/ Xxxxxxxx X. Xxxx, Xx. ___________________________________ Xxxxxxxx X. Xxxx, Xx. Printed Name: _____________________ /s/ Xxxxxxxx X. Xxxxxxxxxx _______________________________ Notary Public Schedule A ---------- Legal Description [to come from title policy] Schedule B ---------- Prior Liens -----------
Last Dollars Secured. The parties agree that any payments or repayments of the Indebtedness shall be and be deemed to be applied first to the portion of the Indebtedness that is not secured hereby, if any, it being the parties’ intent that the portion of the Indebtedness last remaining unpaid shall be secured hereby.
Last Dollars Secured. This Mortgage secures only a portion of the Secured Obligations owing or which may become owing by the Mortgagor Notwithstanding anything to the contrary contained in the Loan Documents, the parties agree that any payments or repayments of such Secured Obligations by the Mortgagor shall be deemed to apply first to the portion of the Secured Obligations that is not secured hereby, it being the parties' intent that the portion of the Secured Obligations last remaining unpaid shall be deemed secured hereby.
Last Dollars Secured. To the extent this Security Instrument secures only a portion of the indebtedness owing or which may become owing by the Individual Borrower to the Lender, the parties agree that any payments or repayments of such indebtedness by the Individual Borrower shall be deemed to apply first to the portion of the indebtedness that is not secured hereby, it being the parties’ intent that the portion of the indebtedness last remaining unpaid shall be deemed secured hereby.
Last Dollars Secured. This Mortgage secures only a portion of the Indebtedness owing or which may become owing by the Mortgagor. The parties agree that any payments or repayments of such Indebtedness by the Mortgagor shall be and be deemed to be applied first to the portion of the Indebtedness that is not secured hereby, it being the parties’ intent that the portion of the Indebtedness last remaining unpaid shall be secured hereby. THUS DONE AND PASSED, on the day, month and year first written above, effective as of the Effective Date, in the State and Parish aforesaid, by the undersigned Mortgagor in the presence of the undersigned Notary and the undersigned competent witnesses, who hereunto sign their names with Mortgagor after reading of the whole. WITNESSES: MORTGAGOR: JALOU XXXXXX BRIDGE, LLC, a Louisiana limited liability company /s/ Xxxxxx X. Xxxxxxxx By: /s/ Xxx X. Xxxxxxx Printed Name: Xxxxxx X. Xxxxxxxx Xxx X. Xxxxxxx Authorized Officer /s/ Xxxxxxxx X. Xxxx, Xx. Printed Name: Xxxxxxxx X. Xxxx, Xx. /s/ Xxxxxxxx X. Xxxxxxxxxx Notary Public Schedule A Legal Description That certain tract of land, together with all the buildings and improvements thereon, situated in Sections 46, 121 and 122, Township 9 South, Range 5 East in Anse La Butte, St. Xxxxxx Xxxxxx, Louisiana, containing 16.86 arpents, more or less, and bounded Northerly in part by a public road and in part by a servitude road, Southerly by property of Xxxx Xxxxxxxx, et al, formerly Xxxxxxx Xxxxxxxx, Xxxxxxxx by Lot No. 5 of plat attached to Act No. 89612 of the official records of St. Xxxxxx Xxxxxx, Louisiana, and Westerly by Lot 3 of said plat; said property being known and designated as LOT 4 as shown on said plat of survey. Schedule B Prior Liens
Last Dollars Secured. This Mortgage secures only a -------------------- portion of the Indebtedness owing or which may become owing by the Mortgagor. The parties agree that any payments or repayments of such Indebtedness by the Mortgagor shall be and be deemed to be applied first to the portion of the Indebtedness that is not secured hereby, it being the parties' intent that the portion of the Indebtedness that is not secured hereby, it being the parties' intent that the portion of the Indebtedness last remaining unpaid shall be secured hereby. THUS DONE AND PASSED, on the day, month and year first written above, effective as of the Effective Date, in the State and Parish aforesaid, by the undersigned Mortgagor in the presence of the undersigned Notary and the undersigned competent witnesses, who hereunto sign their names with Mortgagor after reading of the whole. WITNESSES: MORTGAGOR:
Last Dollars Secured. The parties agree that any payments or repayments of such Indebtedness by Grantor shall be and be deemed to be applied first to the portion of the Indebtedness that is not secured hereby, if any, it being the parties' intent that the portion of the Indebtedness last remaining unpaid shall be secured hereby.
