Common use of Mortgage Endorsement Clause in Contracts

Mortgage Endorsement. If requested by Landlord, the policies of insurance required to be maintained hereunder shall bear a standard first mortgage endorsement in favor of any holder or holders of a first mortgage lien or security interest in the property with loss payable to such holder or holders as their interests may appear, insofar as it relates to loss on the Building located on the Land.

Appears in 1 contract

Samples: Lease Agreement (Solo Serve Corp)

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Mortgage Endorsement. If requested by Landlord, the policies of insurance required to be maintained hereunder shall bear a standard first mortgage endorsement in favor of any holder or holders of a first mortgage lien or security interest in the property Premises with loss payable to such holder or holders as their interests may appear, insofar as it relates to loss on the Building located on the Land.

Appears in 1 contract

Samples: Land and Building Lease Agreement (Titan Global Holdings, Inc.)

Mortgage Endorsement. If requested by Landlord, the policies of insurance required to be maintained hereunder shall bear a standard first mortgage endorsement in favor of any holder or holders of a first mortgage lien or security interest in the property with loss payable to such holder or holders as their interests may appear, insofar as it relates subject to loss on the Building located on the Landparagraph 14 below.

Appears in 1 contract

Samples: Land and Building Lease Agreement (Ediets Com Inc)

Mortgage Endorsement. If requested by Landlord, the policies of insurance required to be maintained hereunder shall bear a standard first mortgage endorsement clause in favor of any holder or holders of a first mortgage lien or security interest in the property Premises with loss payable to such holder or holders as their interests may appear, insofar as it relates to loss on the Building located on the Land.

Appears in 1 contract

Samples: Land and Building Lease Agreement (Intricon Corp)

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Mortgage Endorsement. If requested by At Landlord’s option and upon written request, the policies of insurance required to be maintained hereunder shall bear a standard first mortgage endorsement in favor of any holder or holders of a first mortgage lien or security interest in the property with loss payable to such holder or holders as their interests may appear, insofar as it relates to loss on the Building located on the Land.

Appears in 1 contract

Samples: Lease Agreement (Par Pacific Holdings, Inc.)

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