Common use of Mortgage and Holder Clause in Contracts

Mortgage and Holder. For the purposes of this Agreement the term “mortgage” shall include a deed of trust or other instrument creating an encumbrance or lien upon the Property, or any part thereof, as security for a loan. The term “holder” in reference to a mortgage shall include any insurer or guarantor of any obligation or condition secured by such mortgage or deed of trust.

Mortgage and Holder. For the purposes of this Agreement Agreement, the term “"mortgage” " shall include a deed of trust or other instrument creating an encumbrance or lien upon the PropertyBuilding and Garage Sites, or any part thereof, as security for a loanloan and a security interest created pursuant to a sale and leaseback financing agreement. The term “"holder” " in reference to a mortgage shall include any insurer or guarantor of any obligation or condition secured by such mortgage or deed of trustmortgage.

Mortgage and Holder. For the purposes of this Agreement Agreement, the term “mortgage” shall include a deed of trust trust, or other instrument creating an encumbrance or lien upon the Property, or any part thereof, as security for a loan. The term “holder” in reference to a mortgage shall include any insurer or guarantor of any obligation or condition secured by such mortgage or deed of trust.

Mortgage and Holder. For the purposes of this Agreement Agreement, the term “mortgage” shall include a deed of trust or other instrument creating an encumbrance or lien upon the Property, or any part thereof, as security for a loan. The term “holder” in reference to a mortgage shall include any insurer or guarantor of any obligation or condition secured by such mortgage or deed of trust, including, but not limited to, the Federal Housing Commission, the Administrator of Veterans Affairs, and any successor in office of either such official.