NO EFFECT ON LIENS OR PRIORITY. Nothing in this Agreement shall in any way release, diminish or affect the first position lien of the Mortgage or any liens created by, or the agreements or covenants contained in, the Loan Documents or the first-lien priority of any such liens. Buyer agrees that the Note, the Mortgage and other the Loan Documents shall secure all other sums that may be advanced in the future by Lender to Buyer or any of its successors or assigns or any other owner(s) of the Property pursuant to the terms of the Loan Documents.
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Samples: Consent and Assumption Agreement (Horizon Group Properties Inc), Consent and Assumption Agreement (Ramco Gershenson Properties Trust)
NO EFFECT ON LIENS OR PRIORITY. Nothing in this Agreement shall in any way release, diminish or affect the first position lien of the Mortgage or any liens created by, or the agreements or covenants contained in, the Loan Documents or the first-lien priority of any such liens. Buyer agrees that the Note, the Mortgage and other the Loan Documents shall secure all other sums that may be advanced in the future by Lender to Buyer or any of its successors or assigns or any other owner(s) of the Property pursuant to the terms of the Loan Documents.
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Samples: And Assumption Agreement (American Realty Capital Healthcare Trust III, Inc.)
NO EFFECT ON LIENS OR PRIORITY. Nothing in this Agreement shall in ------------------------------ any way release, diminish or affect the first position lien of the Mortgage Mortgages or any liens created by, or the agreements or covenants contained in, the Loan Documents or the first-lien priority of any such liens. Buyer Borrower agrees that the Note, the Mortgage Mortgages and the other the Loan Documents shall secure all other sums that may be advanced in the future by Lender to Buyer or any of its successors or assigns or any other owner(s) of the Property pursuant to the terms of the Loan Documents.
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Samples: Consent and Amendment Agreement With Release (Apple Hospitality Two Inc)
NO EFFECT ON LIENS OR PRIORITY. Nothing in this Agreement shall in any way release, diminish or affect the first position lien of the Mortgage or any liens created by, or the agreements or covenants contained in, the Loan Documents or the first-lien priority of any such liens. Buyer New Borrower agrees that the Note, the Mortgage and the other the Loan Documents shall Capital Markets Servicing Group secure all other sums that may be advanced in the future by Lender to Buyer or any of its successors or assigns or any other owner(s) of the Property pursuant to the terms of the Loan Documents.
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