New York Real Property Law Article 4-A. If this Mortgage shall be deemed to constitute a “mortgage investment” as defined by New York Real Property Law Section 125, then this Mortgage shall and hereby does (i) confer upon the Mortgagee the powers and (ii) impose upon the Mortgagee the duties of trustees set forth in New York Real Property Law Section 126.
Appears in 2 contracts
Samples: Project Loan Mortgage (KBS Strategic Opportunity REIT II, Inc.), Building Loan Mortgage (KBS Strategic Opportunity REIT II, Inc.)
New York Real Property Law Article 4-A. If this Mortgage shall be deemed to constitute a “mortgage investment” as defined by New York Real Property Law Section 125, then this Mortgage shall and hereby does (i) confer upon the Mortgagee the powers powers, and (ii) impose upon Mortgagor the Mortgagee the duties duties, of trustees set forth in New York Real Property Law Section 126.
Appears in 1 contract
Samples: Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rents (Alexanders Inc)
New York Real Property Law Article 4-A. If this Mortgage shall be deemed to constitute a “mortgage investment” as defined by New York Real Property Law Section 125, then this Mortgage shall and hereby does (i) confer upon the Mortgagee the powers ny-1258362 and (ii) impose upon the Mortgagee the duties of trustees set forth in New York Real Property Law Section 126.
Appears in 1 contract
Samples: Acquisition Loan Mortgage (KBS Strategic Opportunity REIT II, Inc.)
New York Real Property Law Article 4-A. If this Mortgage shall be deemed to constitute a “mortgage investment” as defined by New York Real Property Law Section § 125, then this Mortgage shall and hereby does (i) confer upon the Mortgagee Lender the powers and (ii) impose upon the Mortgagee Lender the duties of trustees set forth in New York Real Property Law Section § 126.
Appears in 1 contract
New York Real Property Law Article 4-A. If this Mortgage shall be deemed to constitute a “mortgage investment” as defined by New York Real Property Law Section § 125, then this Mortgage shall and hereby does (i) confer upon the Mortgagee Lessee the powers and (ii) impose upon the Mortgagee Lessee the duties of trustees set forth in New York Real Property Law Section § 126.
Appears in 1 contract
Samples: Lease and Remedies Agreement (Regeneron Pharmaceuticals Inc)
New York Real Property Law Article 4-A. If this Mortgage shall be deemed to constitute a “mortgage investment” as defined by Section 125 of the New York Real Property Law Section 125Law, then this Mortgage shall and hereby does (i) confer upon the Mortgagee the powers and (ii) impose upon the Mortgagee the duties of trustees set forth in Section 126 of the New York Real Property Law Section 126Law.
Appears in 1 contract
Samples: Mortgage, Assignment of Leases and Rents and Security Agreement (Alexanders Inc)
