Common use of OBLIGATIONS OF PERMITTED MORTGAGEE Clause in Contracts

OBLIGATIONS OF PERMITTED MORTGAGEE. Any Permitted Mortgagee shall be bound by each of the following requirements unless the particular requirement is removed, contradicted or modified by a rider to this Lease signed by the Homeowner and the CLT to modify the terms of the Lease during the term of the Permitted Mortgage.

Appears in 4 contracts

Samples: Lease Agreement, Community Housing Development Organization Agreement, Home Affordable Housing Development Agreement

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OBLIGATIONS OF PERMITTED MORTGAGEE. Any Permitted Mortgagee shall be bound by each of the following requirements unless the particular requirement is removed, contradicted or modified by a rider to this Lease signed by the Homeowner and the CLT ACLT to modify the terms of the Lease during the term of the Permitted Mortgage.

Appears in 3 contracts

Samples: Amherst Community Land Trust Ground Lease, Amherst Community Land Trust Ground Lease, Amherst Community Land Trust Ground Lease

OBLIGATIONS OF PERMITTED MORTGAGEE. Any Permitted Mortgagee shall be bound by each of the following requirements unless the particular requirement is removed, contradicted or modified by a rider to this Lease signed by the Homeowner Lessee and the CLT to modify the terms of the Lease during the term of the Permitted Mortgage.

Appears in 2 contracts

Samples: www.boarddocs.com, go.boarddocs.com

OBLIGATIONS OF PERMITTED MORTGAGEE. Any Permitted Mortgagee shall be bound by each of the following requirements unless the particular requirement is removed, contradicted or modified by a rider to this Lease signed by the Homeowner and the CLT HCHT to modify the terms of the Lease during the term of the Permitted Mortgage.

Appears in 2 contracts

Samples: Letter of Agreement, headwatershousing.org

OBLIGATIONS OF PERMITTED MORTGAGEE. Any Permitted Mortgagee shall be bound by each of the following requirements unless the particular requirement is removed, contradicted or modified by a rider to this Lease signed by the Homeowner and the TapRoot CLT (“TapRoot CLT”) to modify the terms of the Lease during the term of the Permitted Mortgage.

Appears in 1 contract

Samples: Ground Lease

OBLIGATIONS OF PERMITTED MORTGAGEE. Any Permitted Mortgagee shall be bound by each of the following requirements unless the particular requirement is removed, contradicted or modified by a rider to this Lease signed by the Homeowner and the CLT OPAL to modify the terms of the Lease during the term of the Permitted Mortgage.

Appears in 1 contract

Samples: www.opalhomes.org

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OBLIGATIONS OF PERMITTED MORTGAGEE. Any Permitted Mortgagee shall be bound by each of the following requirements unless the particular requirement is removed, contradicted or modified by a rider to this Lease signed by the Homeowner and the CLT MHT to modify the terms of the Lease during the term of the Permitted Mortgage.

Appears in 1 contract

Samples: Letter of Agreement

OBLIGATIONS OF PERMITTED MORTGAGEE. Any Permitted Mortgagee shall be bound by each of the following requirements unless the particular requirement is removed, contradicted or modified by a rider to this Lease signed by the Homeowner and the CLT SDCLT to modify the terms of the Lease during the term of the Permitted Mortgage.

Appears in 1 contract

Samples: Reimbursement Agreement

OBLIGATIONS OF PERMITTED MORTGAGEE. Any Permitted Mortgagee shall be bound by each of the following requirements unless the particular requirement is removed, contradicted or modified by a rider to this Lease signed by the Homeowner and the CLT DSCLT to modify the terms of the Lease during the term of the Permitted Mortgage.

Appears in 1 contract

Samples: Ground Lease

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