Common use of Mortgage Modification Clause in Contracts

Mortgage Modification. This Agreement constitutes a “modification” of the Mortgage as defined in P.L. 1985, c. 353 (N.J.S.A. 46:9-8.1 et seq.) and is subject to the priority provisions of said law.

Appears in 3 contracts

Samples: Note and Mortgage Modification Agreement (NeoStem, Inc.), Note and Mortgage Modification Agreement (NeoStem, Inc.), Replacement Line of Credit Note (First Real Estate Investment Trust of New Jersey)

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Mortgage Modification. This Agreement constitutes a “modification” of the Mortgage as such term is defined in P.L. 1985, c. 353 1985 c.353 (N.J.S.A. 46:9-8.1 et seq.) and is subject to the priority provisions of said law.

Appears in 1 contract

Samples: Omnibus Amendment to Mortgage, Assignment of Leases and Rents and Other Loan Instruments (Pennsylvania Real Estate Investment Trust)

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