Common use of No Homestead Clause in Contracts

No Homestead. The Land and Improvements thereon do not and will not constitute the residential or business homestead of Borrower.

Appears in 2 contracts

Samples: Construction Loan Agreement (North American Technologies Group Inc /Mi/), Construction Loan Agreement (North American Technologies Group Inc /Mi/)

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No Homestead. The Land and the Improvements thereon do not and will not constitute the residential or business homestead of Borrower.

Appears in 2 contracts

Samples: Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\)

No Homestead. The Land and Improvements thereon do not and will not constitute the residential or business homestead of BorrowerBorrowers.

Appears in 2 contracts

Samples: Second Lien Loan Agreement (Sammons Enterprises, Inc.), Second Lien Loan Agreement (North American Technologies Group Inc /Tx/)

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No Homestead. The Land and the Improvements thereon do not and will not constitute the residential or business homestead of Borrowerany person.

Appears in 1 contract

Samples: Mortgage, Assignment of Rents and Leases, and Security Agreement (Otr Express Inc/Ks)

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