Common use of Lender’s Statutory Rights Regarding Leases and Rents Clause in Contracts

Lender’s Statutory Rights Regarding Leases and Rents. In addition to all other rights of Mortgagor provided for herein or in any other Loan Documents, Lender shall be entitled to all of the rights and benefits conferred by Act 210 of the Michigan Public Acts of 1953 as amended (MCL 554.231, et seq.).

Appears in 8 contracts

Samples: Mortgage (Lightstone Value Plus Real Estate Investment Trust, Inc.), Mortgage (Lightstone Value Plus Real Estate Investment Trust, Inc.), Mortgage (Lightstone Value Plus Real Estate Investment Trust, Inc.)

AutoNDA by SimpleDocs

Lender’s Statutory Rights Regarding Leases and Rents. In addition to all other rights of Mortgagor Lender provided for herein or in any other Loan Documents, Lender shall be entitled to all of the rights and benefits conferred by Act 210 of the Michigan Public Acts of 1953 as amended (MCL 554.231, et seq.).

Appears in 1 contract

Samples: Mortgage (Horizon Group Properties Inc)

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