Note; Other Obligations Secured Sample Clauses

Note; Other Obligations Secured. Nothing contained in this paragraph 9 shall require Lender to incur any expense or take any action hereunder.

Note; Other Obligations Secured. This Deed of Trust is given to secure to Lender: 2.1 the repayment of the indebtedness evidenced by Borrower’s note (Note) dated October 13, 2017 in the principal sum of $800,000, with interest on the unpaid principal balance from October 13, 2017 until paid, at the rate of 8%; 2.2 the payment of all other sums, with interest thereon at 8% per annum, disbursed by Lender in accordance with this Deed of Trust to protect the security of this Deed of Trust; and 2.3 the performance of the covenants and agreements of Borrower herein contained.

Note; Other Obligations Secured. This Deed of Trust is given to secure to Lender: a. the repayment of the indebtedness evidenced by Borrower's note (Note) dated June 14th, 1996, in the principal sum of Seven Hundred Thousand and no/100 U.S. Dollars ($700,000.00), with interest on the unpaid principal balance from the date thereof, until paid, at the rate of nine percent (9%) per annum, with principal and interest payable at 712 ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ such other place as the Lender may designate, as follows: 1) During the first year of the Note and until June 1, 1997. Borrower shall pay to the Lender on at least a quarterly basis commencing July 1, 1996, all net income received by Borrower from the parking business conducted on the Property. Net income shall be defined as gross receipts derived from the parking business less all ordinary and necessary expenses for operating the business, including employee salaries, real property taxes, liability insurance, utilities and general maintenance. Expenses for capital improvements to the parking lot such as paving, installation of lights and excavation to expand the parking lot, shall not be treated as operating expenses. Net income from all parking shall be applied to interest due under the Note. In the event that the net income paid to Lender is less than the accrued interest under the Note for the first year, the unpaid interest shall be added to the principal balance of the Note, as of June 1, 1997. In the event the net income from parking is greater than the accrued interest for the first year, the excess shall be applied as a partial prepayment of the principal balance of the Note. Borrower agrees that it will conduct a parking lot business on the Property during at least the first year of the Note and will use its best reasonable efforts to maximize revenues from such business. Borrower agrees that it will charge a fee for parking on such lot comparable to such fees charged by other parking lots in Cripple Creek, Colorado, but not less than $5.00 per car per day. Borrower will provide Lender with a full accounting of revenues and expenses of the parking lot on a quarterly basis. Lender and their authorized agents shall have the right to review the books and records of Borrower relating to the parking lot upon request. 2) The remaining balance of principal and accrued interest as of June 1, 1997, shall be paid in 108 equal consecutive monthly installments amortized over 9 years, commencing on June 1, 1997 and continuing...

Note; Other Obligations Secured. This Deed of Trust is given to secure to Lender for the following: a. The repayment of the indebtedness evidenced by ▇▇▇▇▇▇▇▇’s Promissory Note and Evidence of Indebtedness (the Note) dated , 20 , in the principal sum of and /100 Dollars ($ ) pursuant to the terms of the Note and, by reference therein, to that certain Purchase and Sale Agreement (▇▇▇▇▇▇ Farm) between Borrower and Lender, dated , 2015 (the Purchase Agreement). For purposes of C.R.S. §▇▇-▇▇-▇▇▇, the date on which the final payment of the principal sum secured by this Deed of Trust shall be , 20 . b. The payment of all other sums, with simple interest thereon at four percent (4%) per annum, disbursed by Lender in accordance with this Deed of Trust to protect the security of this Deed of Trust. c. The performance of the convents and agreements of Borrower as contained in this Deed of Trust.

Note; Other Obligations Secured. This Deed of Trust is given to secure to Lender Borrower’s obligations as set forth in the Appreciation Limiting Promissory Note of even date herewith. Without limiting the generality of the preceding sentence, this Deed of Trust secures Borrower’s obligations to Lender as set forth in the Amended And Restated Deed Restriction Agreement For The Occupancy And Resale Of Units At Ophir Mountain Village, Summit County, Colorado, dated , and recorded of the records of the Clerk and

Note; Other Obligations Secured. This Deed of Trust is given to secure to Lender the repayment of the indebtedness evidenced by Borrower's note (Note) dated July 2, 1999, in the principal sum of One Million Seven Hundred Ninety-Five Thousand Eight Hundred Fifty-Three Dollars ($1,795.853.00) with interest on the unpaid principal balance from April 15, 1999, until paid, at the rate of Eight percent (8%) per annum, with principal and interest payable at 3724 47th Street Court N.W., Gig ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇er may designate, in quarterly payments of Fifty Thousand and 00/100 ($50,000) due on the first day of each quarter beginning July 1, 1999, such payments to continue until the entire indebtedness evidenced by said Note is fully paid; however, if not sooner paid, the entire principal mount outstanding and accrued interest thereon, shall be due and payable on July 1,

Note; Other Obligations Secured. This Deed of Trust is given to secure to Lender: A. the repayment of the indebtedness evidenced by Borrower’s note (Note) dated January 19, 2007, in the principal sum of Two Million Five Hundred and Five Thousand Eight Hundred Seventy-Five and No/100s U.S. Dollars ($2,505,875.00), with interest on the unpaid principal balance from January 19, 2007, until paid, at the rate of Seven Percent (7.0%) percent per annum, with principal and interest payable at: ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇, or such other place as the Lender may designate, in Eleven (11) equal quarterly payments of Sixty-Seven Thousand Seven Hundred Ninety-Two and 34/100s U.S Dollars (U.S. $67,792.34) and one (1) final payment of Two Million Two Hundred Fifty-Seven Thousand Sixty-Four and 59/100s U.S. Dollars ($2,257,064.59) due on the nineteenth (19th) day of each calendar quarter beginning April 19, 2007; such payments to continue until the entire indebtedness evidenced by said Note is fully paid; however, if not sooner paid, the entire principal amount outstanding and accrued interest thereon, shall be due and payable on January 19, 2010; and Borrower is to pay to Lender a late charge of Five Percent (5%) of any payment not received by the Lender within ten (10) days after receipt by Borrower from Lender of written notice that payment is due; and Borrower has the right to prepay the principal amount outstanding under said Note, in whole or in part, at any time without penalty except: NONE. B. the payment of all other sums, with interest thereon at Eighteen Percent (18%) per annum, disbursed by Lender in accordance with this Deed of Trust to protect the security of this Deed of Trust; and C. the performance of the covenants and agreements of Borrower herein contained.

Note; Other Obligations Secured. This Deed of Trust is given to secure (a) Grantor’s obligations under that certain promissory note ("Note") of even date herewith in the principal amount of $1,055,000.00 U.S. Dollars payable to Lender, which evidences a debt payable in accordance with its terms and provisions, and all renewals, extensions, modifications, amendments and restatements thereof and substitutions therefor, and (b) the payment, performance, and observance of the covenants, representations, warranties, agreements, obligations, and liabilities of the Grantor contained herein, in the Note, the loan agreement of event date hereof between Grantor and Lender ("Loan Agreement") and/or in any other document, instrument, or agreement executed in connection with the Note (collectively, the "Loan Documents").