NO PRIOR WORK. No work or construction has been commenced on the Land and no materials have been delivered to the Land which could, in either case, result in the imposition of a mechanic's or materialmen's lien on the Property prior to or on parity with the lien and security interest created by the Security Instrument.
Appears in 2 contracts
Sources: Loan Agreement (American Retirement Corp), Loan Agreement (American Retirement Corp)
NO PRIOR WORK. No work or construction has been commenced on the Land and no materials have been delivered to the Land which could, in either case, result in the imposition of a mechanic's ’s or materialmen's ’s lien on the Property prior to or on parity with the lien Lien and security interest created by the Security Instrument.
Appears in 2 contracts
Sources: Construction Loan Agreement (Bluerock Residential Growth REIT, Inc.), Construction Loan Agreement (Bluerock Residential Growth REIT, Inc.)
NO PRIOR WORK. No work or construction has been commenced on the Land and no materials have been delivered to the Land which could, in either case, result in the imposition of a mechanic's ’s or materialmen's ’s lien on the Property Premises prior to or on parity with the lien and security interest created by the Security InstrumentDeed of Trust.
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Sources: Construction Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)
NO PRIOR WORK. No work or construction has been commenced on the Land and no materials have been delivered to the Land which could, in either case, result in the imposition of a mechanic's ’s or materialmen's ’s lien on the Property prior to or on parity with the lien and security interest Lien created by the Security Instrument.
Appears in 1 contract