No Cooperative or Condominium. Mortgagor represents and warrants that the Mortgaged Property has not been subjected to a cooperative or condominium form of ownership. Mortgagor hereby covenants and agrees that it will not file a declaration of condominium, map or any other document having the effect of subjecting the Mortgaged Property, to a condominium or cooperative form of ownership.
Appears in 9 contracts
Samples: Security Agreement and Fixture Filing (GTJ REIT, Inc.), Leases and Rents Security Agreement and Fixture Filing (GTJ REIT, Inc.), And Security Agreement (GTJ REIT, Inc.)
No Cooperative or Condominium. Mortgagor represents and warrants that the Mortgaged Property has is currently not been subjected to a cooperative or condominium form of ownership. Mortgagor hereby covenants and agrees that it will not file a declaration of condominium, map or any other document having the effect of subjecting the Mortgaged Property, to a condominium or cooperative form of ownership.
Appears in 1 contract
Samples: Rents and Security Agreement (FSP 303 East Wacker Drive Corp.)
