Common use of Leases Affecting Mortgaged Property Clause in Contracts

Leases Affecting Mortgaged Property. (a) The Mortgagor shall comply with and observe its obligations as landlord or tenant under all leases affecting the Mortgaged Property or any part thereof. If requested by Lender, Mortgagor shall furnish Lender with executed copies of all leases now or hereafter existing on the Mortgaged Property; and all leases now or hereafter entered into will be in form and substance subject to the approval of Lender. Mortgagor shall not accept nor make payment of rent more than one (1) month in advance without the express written consent of Lender. If requested by the Lender, the Mortgagor shall execute and deliver to Lender, as additional security, such other documents as may be requested by Lender to evidence further the assignment to Lender hereunder, and to assign any and all such leases whether now existing or hereafter created, including, without limitation, all rents, royalties, issues and profits of the Mortgaged Property from time to time accruing. The Mortgagor shall not cancel, surrender or modify any lease affecting the Mortgaged Property or any part thereof without the written consent of the Lender. The Mortgagor shall keep in full force and effect the Leases and all permits and licenses required for the conduct of its operations on the Mortgaged Property.

Leases Affecting Mortgaged Property. (a) The Mortgagor shall will comply with and observe its obligations as landlord or tenant under all any leases affecting the Mortgaged Property or any part thereof. If requested by Lender, Mortgagor shall will furnish Lender Mortgagee with executed copies of all leases now or hereafter existing created on the Mortgaged Property; said premises, and all leases now or hereafter entered into will be in form and substance subject to the approval of LenderMortgagee. The Mortgagee specifically reserves the right to approve all proposed lessees as to financial capabilities. Unless otherwise herein specifically provided, all leases shall be inferior and subordinate in all respects to the lien of this Mortgage, and the terms of each lease shall so provide. Mortgagor will not, without the express written consent of the Mortgagee, modify, surrender or terminate, either orally or in writing, any lease hereafter created upon the Mortgaged Property, nor will the Mortgagor permit an assignment or sub-lease without the express written consent of the Mortgagee. Mortgagor shall not accept nor make payment of rent more than one two (12) month months in advance without the express written consent of Lenderthe Mortgagee. If requested by the LenderMortgagee, the Mortgagor shall execute and deliver will specifically assign to Lender, the Mortgagee as additional security, such other documents as may be requested by Lender to evidence further the assignment to Lender hereunder, and to assign security any and all such leases whether now existing or hereafter created, including, without limitation, all rents, royalties, issues and profits of the Mortgaged Property premises from time to time accruing, the parties hereto acknowledging that this Mortgage constitutes a general assignment of any and all such future leases. The Mortgagor shall not cancel, surrender hereby represents that there are no leases or modify any agreements to lease affecting the Mortgaged Property all or any part thereof without the written consent of the Lender. The mortgaged property now in effect, except as previously disclosed by Mortgagor shall keep in full force and effect the Leases and all permits and licenses required for the conduct of its operations on the Mortgaged Propertyto Mortgagee.

Leases Affecting Mortgaged Property. (a) The Mortgagor shall will comply with and observe its obligations as landlord or tenant under all leases now or hereafter affecting the Mortgaged Property or any part thereofthereof (“Leases”). If requested by Lender, Mortgagor shall will furnish Lender with executed copies of all leases now or hereafter existing on the Mortgaged PropertyLeases; and all leases now or hereafter entered into Leases will be in form and substance subject to the approval of Lender. Mortgagor shall will not accept nor make payment of rent Rents more than one (1) month in advance without the express written consent of Lender. If requested by the Lender, the Mortgagor shall will execute and deliver to Lender, as additional security, security such other documents as may be requested by Lender to further evidence further the assignment of Leases to Lender hereunder, hereunder and to assign any and all such leases whether now existing or hereafter createdLeases, including, without limitation, all rents, royalties, issues and profits of the Mortgaged Property Rents from time to time accruing. The Mortgagor shall will not cancel, surrender or modify any lease affecting the Mortgaged Property or any part thereof Lease without the written consent of the Lender. The Mortgagor shall keep furnish Lender with a subordination, attornment and non-disturbance agreement in full force form and effect the Leases substance acceptable to Lender from such existing and all permits and licenses required for the conduct of its operations on the Mortgaged Propertyfuture lessees as Lender may require.

Leases Affecting Mortgaged Property. (a) The Mortgagor Borrower will not enter into any lease or other agreement for possession or use of the Mortgaged Property without the prior written consent of Lender, which consent shall not be unreasonably withheld. If Borrower is permitted to enter into any lease or other agreement affecting the Mortgaged Property, Borrower will comply with and observe its obligations as landlord or tenant under all such leases and other agreements affecting the Mortgaged Property all or any part thereofof the Mortgaged Property. If requested by Lender, Mortgagor shall Borrower will furnish Lender with executed copies of all such leases (together with all amendments, modifications, addenda and additions thereof or thereto). Borrower will not, without the prior written consent of the Lender, reduce the amount of rent due under, extend the term of, accept surrender of or terminate, either orally or in writing, any lease or tenancy now or hereafter existing on upon the Mortgaged Property; and all leases now Property nor will Borrower waive performance of the obligations of the tenants thereunder nor permit an assignment or hereafter entered into sublease without the prior written consent of Lender unless the same shall be expressly permitted by the terms of the lease. Borrower will be in form and substance subject to the approval of Lender. Mortgagor shall not accept nor make payment of rent for more than one (1) month in advance without the express prior written consent of Lender. If requested by the Lender, the Mortgagor shall execute and deliver Borrower will separately assign to Lender, as additional security, such other documents as may be requested by Lender to evidence further the assignment to Lender hereunder, and to assign any and all such leases whether now existing or hereafter created, including, without limitation, all rents, royalties, issues and profits of the Mortgaged Property from time to time accruing. The Mortgagor shall not cancelAt the request of Lender, surrender Borrower will enter into appropriate agreements that will effect the subordination of this Mortgage to any present or modify any lease affecting the Mortgaged Property future leases of all or any part thereof without the written consent of the Lender. The Mortgagor shall keep in full force and effect the Leases and all permits and licenses required for the conduct of its operations on the Mortgaged Property.

Leases Affecting Mortgaged Property. (a) The Mortgagor Borrower shall comply with and observe its obligations as landlord or tenant under all leases affecting the Mortgaged Property or any part thereof. If requested by LenderXxxxxx, Mortgagor Borrower shall furnish Lender with executed copies of all leases now or hereafter existing on the Mortgaged Property; and all leases now or hereafter entered into will be in form and substance subject to the approval of Lender. Mortgagor Borrower shall not accept nor make payment of rent more than one (1) month in advance without the express written consent of Lender. If requested by the LenderXxxxxx, the Mortgagor Xxxxxxxx shall execute and deliver to Lender, as additional security, such other documents as may be requested by Lender Xxxxxx to evidence further the assignment to Lender hereunder, and to assign any and all such leases whether now existing or hereafter created, including, without limitation, all rents, royalties, issues and profits of the Mortgaged Property from time to time accruing. The Mortgagor Borrower shall not cancel, surrender or modify any lease affecting the Mortgaged Property or any part thereof without the written consent of the Lender. The Mortgagor shall keep in full force and effect the Leases and all permits and licenses required for the conduct of its operations on the Mortgaged Property.

Leases Affecting Mortgaged Property. (a) The Mortgagor shall comply with and observe its obligations as landlord or tenant under all leases affecting all or any portion of the Mortgaged Property or any part thereof(the “Residential Leases”). If requested by LenderUpon request, the Mortgagor shall furnish Lender with promptly to the Mortgagee executed copies of all leases such Residential Leases now existing or hereafter existing on the Mortgaged Property; and all leases now or hereafter entered into will be in form and substance subject to the approval of Lendercreated. The Mortgagor shall not accept nor make payment of rent more than one (1) month in advance without the express prior written consent of Lenderthe Mortgagee. If requested by Nothing contained in this Section or elsewhere in this Mortgage shall be construed to make the Lender, Mortgagee a mortgagee in possession unless and until the Mortgagor shall execute and deliver to Lender, as additional security, such other documents as may be requested by Lender to evidence further the assignment to Lender hereunder, and to assign any and all such leases whether now existing or hereafter created, including, without limitation, all rents, royalties, issues and profits Mortgagee actually takes possession of the Mortgaged Property from time to time accruingeither in person or through an agent or receiver. The Mortgagor To the extent not provided by applicable law, each Residential Lease shall not cancelprovide that, surrender or modify any lease affecting in the Mortgaged Property or any part thereof without the written consent event of the Lender. The Mortgagor enforcement by the Mortgagee of the remedies provided for by law or by this Mortgage, the Residential Lease shall keep remain in full force and effect affect, without any change in the Leases terms or other provisions of the respective Residential Lease (and the Mortgagee or such successor shall execute an agreement not to disturb such lessee, provided such lessee abides by all permits terms and licenses required provisions in the applicable Residential Lease); provided, however, that said successor in interest shall not be bound by (i) any payment of rent or additional rent for more than one (1) month in advance, except prepayments in the nature of security for the conduct performance by said lessee of its operations on the Mortgaged Property.obligations under said Residential Lease not in excess of an amount equal to one