Lost Note. Borrower shall, if the Note is mutilated, destroyed, lost or stolen, deliver to Lender, in substitution therefor, a new promissory note containing the same terms and conditions as the Note with a notation thereon of the unpaid principal accrued and unpaid interest.
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Samples: Construction Loan Agreement (Hall of Fame Resort & Entertainment Co), Loan Agreement (Hall of Fame Resort & Entertainment Co), Loan Agreement (Hall of Fame Resort & Entertainment Co)
Lost Note. Borrower shall, if the Note is mutilated, destroyed, lost lost, or stolen, deliver to Lender, in substitution therefor, Lender a new promissory note containing the same terms and conditions as the Note with a notation thereon of the unpaid principal and accrued and unpaid interest, whereupon the prior note shall be void and of no further force and effect. Any such new note shall be secured hereby and shall be deemed to be the "Note" referred to herein.
Appears in 2 contracts
Samples: Deed of Trust and Security Agreement (Bluerock Residential Growth REIT, Inc.), Deed of Trust and Security Agreement (Micro Linear Corp /Ca/)
Lost Note. Borrower shall, if the Note is mutilated, destroyed, lost or stolen, deliver to Lender, in substitution therefor, a new promissory note containing the same terms and conditions as the Note lost note with a notation thereon of the unpaid principal accrued and unpaid interest.
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Lost Note. Borrower shall, if the Note is mutilated, destroyed, lost lost, or stolen, promptly deliver to Lender, in substitution therefor, a new promissory note containing the same terms and conditions as the Note with a notation thereon of the unpaid principal accrued and unpaid interest.
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Lost Note. Borrower shall, if the Note is mutilated, destroyed, lost or stolen, deliver to LenderBeneficiary, in substitution therefor, a new promissory note containing the same terms and conditions as the Note with a notation thereon of the unpaid principal and accrued and unpaid interest., and that it is in substitution for the Note.
Appears in 1 contract
Samples: Fee and Leasehold Deed of Trust, Security Agreement and Fixture Filing (Lodging Fund REIT III, Inc.)
Lost Note. Borrower shall, if the Note is mutilated, destroyed, lost lost, or stolen, deliver to Lender, in substitution therefor, Lender a new promissory note containing the same terms and conditions as the Note with a notation thereon of the unpaid principal and accrued and unpaid interest, whereupon the prior note shall be void and of no further force and effect. Any such new note shall be secured hereby and shall be deemed to be the “Note” referred to herein.
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Lost Note. The Borrower shall, if the any Note is mutilated, destroyed, lost lost, or stolen, promptly deliver to the applicable Lender, in substitution therefor, a new promissory note containing the same terms and conditions as the such Note with a notation thereon of the unpaid principal accrued and unpaid interest, provided the applicable Lender agrees in writing to indemnify the Borrower for any claims, causes of action, or loss relating to such lost Note.
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Lost Note. Borrower shall, if the Note is mutilated, destroyed, lost lost, or stolen, promptly deliver to Lender, in substitution therefor, a new promissory note containing the same terms and conditions as the Note mutilated, destroyed, lost, or stolen, and with a notation thereon of the unpaid principal and accrued and unpaid interest. Borrower shall provide fifteen (15) days’ prior notice to Lender before making any duplicate payments to any third parties claiming payments under the lost Note.
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Samples: Loan Agreement (Behringer Harvard Opportunity REIT II, Inc.)