Mortgagor. (i) shall fail to perform when due any payment obligation under the terms of this Mortgage or the other Relevant Documents within ten days after such amount becomes due, or (ii) shall be in violation of any of the obligations or covenants contained herein or therein and such default shall continued unremedied for a period of thirty (30) days, provided that if such default is not readily susceptible of cure in such thirty (30) day period, and provided that Mortgagor proceeds in a diligent manner to cure such default, Mortgagor shall have such additional time to effect such cure as shall be reasonably necessary to effect such cure;
Appears in 7 contracts
Samples: Open End Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Discovery Zone Inc), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Discovery Zone Inc), Mortgage, Assignment of Leases and Rents, Security Agreement (Discovery Zone Inc)
Mortgagor. (i) shall fail to perform when due any payment obligation under the terms of this Mortgage or the other Relevant Documents within ten days after such amount becomes due, or (ii) shall be in violation of any of the obligations or covenants contained herein or therein and such default shall continued unremedied for a period of thirty (30) days, provided that if such default is not readily susceptible of cure in such thirty (30) day period, and provided that Mortgagor proceeds in a diligent manner to cure such default, Mortgagor shall have such additional time to effect such cure as shall be reasonably necessary to effect such cure; or (c) Failure by Mortgagor to maintain insurance and deliver evidence thereof pursuant to Section 10;
Appears in 6 contracts
Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Discovery Zone Inc), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Discovery Zone Inc), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Discovery Zone Inc)
Mortgagor. (i) shall fail to perform when due any payment obligation under the terms of this Mortgage or the other Relevant Documents within ten days after such amount becomes due, or (ii) shall be in violation of any of the obligations or covenants contained herein or therein and such default shall continued unremedied for a period of thirty (30) days, provided that if such default is not readily susceptible of cure in such thirty (30) day period, and provided that Mortgagor proceeds in a diligent manner to cure such default, Mortgagor shall have such additional time to effect such cure as shall be reasonably necessary to effect such cure; (c) Failure by Mortgagor to maintain insurance and deliver evidence thereof pursuant to Section 10;
Appears in 1 contract
Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Discovery Zone Inc)
