Payment and Performance. Mortgagor will make due and punctual payment of the Secured Indebtedness or shall cause the same to be due and punctually paid. Mortgagor will timely and properly perform and comply with all of the covenants, agreements, and conditions imposed upon it by this Mortgage and will not permit a default to occur hereunder. Time shall be of the essence in this Mortgage.
Appears in 11 contracts
Samples: Leasehold Mortgage, Assignment, Security Agreement and Fixture Filing (Cellteck Inc.), Lowcal Agreements (Cellteck Inc.), Leasehold Mortgage, Assignment, Security Agreement and Fixture Filing (Cellteck Inc.)
Payment and Performance. Mortgagor will make due and punctual payment of the Secured Indebtedness or shall cause the same to be due and punctually paidIndebtedness. Mortgagor will timely and properly perform and comply with all of the covenants, agreements, and conditions imposed upon it by this Mortgage and the other Loan Documents and will not permit a default to occur hereunderhereunder or thereunder. Time shall be of the essence in this Mortgage.
Appears in 4 contracts
Samples: Loan Agreement (Acadia Realty Trust), Loan Agreement (Acadia Realty Trust), Mortgage, Assignment of Leases and Rents and Security Agreement (Acadia Realty Trust)
Payment and Performance. Mortgagor will make (or cause Borrower to make, as applicable) due and punctual payment of the Secured Indebtedness or shall cause the same to be due and punctually paidIndebtedness. Mortgagor will timely and properly perform and comply with all of the covenants, agreements, and conditions imposed upon it by this Mortgage and will not permit a default to occur hereunderthe other Loan Documents. Time shall be of the essence in this Mortgage.
Appears in 1 contract
Payment and Performance. Mortgagor will make due and punctual ----------------------- payment of the Secured Indebtedness or shall cause the same to be due and punctually paidsecured indebtedness. Mortgagor will timely and properly perform and comply with all of the covenants, agreements, and conditions imposed upon it by this Mortgage and the other Loan Documents and will not permit a default to occur hereunderhereunder or thereunder. Time shall be of the essence in this Mortgage.
Appears in 1 contract
Payment and Performance. Mortgagor will make due and punctual payment ----------------------- of the Secured Indebtedness or shall cause the same to be due and punctually paidsecured indebtedness. Mortgagor will timely and properly perform and comply with all of the covenants, agreements, and conditions imposed upon it by this Mortgage and the other Loan Documents and will not permit a default to occur hereunderhereunder or thereunder. Time shall be of the essence in this Mortgage.
Appears in 1 contract
Samples: Mortgage, Assignment and Security Agreement (Wells Real Estate Investment Trust Inc)
Payment and Performance. Mortgagor will make due and punctual payment of the Secured Indebtedness or shall cause the same to be due and punctually paidObligations. Mortgagor will timely and properly perform and comply with all of the covenants, agreements, and conditions imposed upon it by this Mortgage and the other Credit Documents and will not permit a default to occur hereunderhereunder or thereunder. Time shall be of the essence in this Mortgage.
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