Legal Enforceability. No provision of this instrument, the Note or any other Loan Documents shall require the payment of interest or other obligation in excess of the maximum permitted by law. If any such excess payment is provided for in any Loan Documents or shall be adjudicated to be so provided, the provisions of this paragraph shall govern and Grantor shall not be obligated to pay the amount of such interest or other obligation to the extent that it is in excess of the amount permitted by law.
Appears in 6 contracts
Samples: Trust and Security Agreement (Bluerock Residential Growth REIT, Inc.), Trust and Security Agreement (Trade Street Residential, Inc.), Trust and Security Agreement (Kilroy Realty Corp)
Legal Enforceability. No provision of this instrument, the Note Notes or any other Loan Documents shall require the payment of interest or other obligation in excess of the maximum permitted by law. If any such excess payment is provided for in any Loan Documents or shall be adjudicated to be so provided, the provisions of this paragraph shall govern and Grantor Mortgagor shall not be obligated to pay the amount of such interest or other obligation to the extent that it is in excess of the amount permitted by law.
Appears in 5 contracts
Samples: Mortgage and Security Agreement (Koger Equity Inc), Mortgage and Security Agreement (Koger Equity Inc), Mortgage and Security Agreement (Koger Equity Inc)
Legal Enforceability. No provision of this instrument, the Note or any other Loan Documents shall require the payment of interest or other obligation in excess of the maximum permitted by law. If any such excess payment is provided for in any Loan Documents or shall be adjudicated to be so provided, the provisions of this paragraph shall govern and Grantor Mortgagor shall not be obligated to pay the amount of such interest or other obligation to the extent that it is in excess of the amount permitted by law.
Appears in 5 contracts
Samples: Mortgage and Security Agreement (Sun Communities Inc), Mortgage and Security Agreement (Alexander & Baldwin, Inc.), Mortgage and Security Agreement (Thomas Properties Group Inc)
Legal Enforceability. No provision of this instrumentMortgage, the Note Notes or any other Loan Documents shall require the payment of interest or other obligation in excess of the maximum permitted by law. If any such excess payment is provided for in any Loan Documents or shall be adjudicated to be so provided, the provisions of this paragraph shall govern and Grantor Mortgagor shall not be obligated to pay the amount of such interest or other obligation to the extent that it is in excess of the amount permitted by law.
Appears in 2 contracts
Samples: Mortgage and Security Agreement (Mack Cali Realty L P), Mortgage and Security Agreement (Mack Cali Realty Corp)
Legal Enforceability. No provision of this instrument, the Note or any other -------------------- Loan Documents shall require the payment of interest or other obligation in excess of the maximum permitted by law. If any such excess payment is provided for in any Loan Documents or shall be adjudicated to be so provided, the provisions of this paragraph shall govern and Grantor shall not be obligated to pay the amount of such interest or other obligation to the extent that it is in excess of the amount permitted by law.
Appears in 1 contract
Samples: Deed of Trust and Security Agreement (Carramerica Realty Corp)
