Common use of Lease Assignment Clause in Contracts

Lease Assignment. Borrower acknowledges that, concurrently herewith Borrower is delivering to Lender, as additional security for the repayment of the Loan, an Assignment of Leases and Rents (the "ASSIGNMENT") pursuant to which Borrower has assigned to Lender all of Borrower's right, title and interest in the Leases and the Rents and income from the Property. All of the provisions of the Assignment are hereby incorporated herein as if fully set forth at length in the text of this Mortgage. Borrower agrees to abide by all of the provisions of the Assignment.

Appears in 5 contracts

Samples: Subordinate Mortgage, Security Agreement and Fixture Filing (NNN Healthcare/Office REIT, Inc.), Subordinate Mortgage, Security Agreement and Fixture Filing (NNN Healthcare/Office REIT, Inc.), Mortgage, Security Agreement and Fixture Filing (Equity Lifestyle Properties Inc)

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Lease Assignment. Borrower acknowledges that, concurrently herewith Borrower is delivering to Lender, as additional security for the repayment of the Loan, an Assignment of Leases and Rents (the "ASSIGNMENT"“Assignment”) pursuant to which Borrower has assigned to Lender all of Borrower's ’s right, title and interest in the Leases and the Rents and income from the Property. All of the provisions of the Assignment are hereby incorporated herein as if fully set forth at length in the text of this Mortgage. Borrower agrees to abide by all of the provisions of the Assignment.

Appears in 1 contract

Samples: Mortgage, Security Agreement and Fixture Filing (NNN Healthcare/Office REIT, Inc.)

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Lease Assignment. Borrower acknowledges that, concurrently herewith Borrower is delivering to Lender, as additional security for the repayment of the Loan, an Assignment of Leases and Rents (the "ASSIGNMENT") pursuant to which Borrower has assigned to Lender all of Borrower's right, title and interest in the Leases and the Rents and income from the PropertyPremises. All of the provisions of the Assignment are hereby incorporated herein as if fully set forth at length in the text of this Mortgage. Borrower agrees to abide by all of the provisions of the Assignment.

Appears in 1 contract

Samples: Mortgage (Ramco Gershenson Properties Trust)

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