Payment, Noncommencement; Additional Documents. The Borrower will pay when and as due all sums and other payments owing to the City hereunder or under the Note or other Loan Documents. The Borrower will not permit the commencement of any work or the delivery of any materials until the Note and Deed of Trust have been executed, and the Deed of Trust properly placed on record. On demand of the City, the Borrower will do any act, or execute or cause to be executed by the appropriate parties any additional documents required by the City to secure the Loan, confirm the security interest and lien of the Deed of Trust and first priority thereof or to comply with any conditions the City may have imposed as a term of the loan commitment, including such additional documents, but not limited to, a new or replacement Note and/or Deed of Trust and an agreement extending or otherwise modifying the Note and/or Deed of Trust and a certificate as to the amount of the indebtedness evidenced by the Note.
Appears in 14 contracts
Samples: Home Construction/Permanent Loan Agreement, Permanent Loan Agreement, Permanent Loan Agreement
Payment, Noncommencement; Additional Documents. The Borrower will pay when and as due all sums and other payments owing to the City hereunder or under the Note or other Loan Documents. The Borrower will not permit the commencement of any work or the delivery of any materials until the Note and Deed of Trust have been executed, and the Deed of Trust properly placed on record. On demand of the City, the Borrower will do any act, or execute or cause to be executed by the appropriate parties any additional documents documents, reasonably required by the City to secure the Loan, confirm the security interest and lien of the Deed of Trust and first second priority thereof or to comply with any conditions the City may have imposed as a term of the loan commitment, including such additional documents, but not limited to, a new or replacement Note and/or Deed of Trust and an agreement extending or otherwise modifying the Note and/or Deed of Trust and a certificate as to the amount of the indebtedness evidenced by the Note.
Appears in 7 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
Payment, Noncommencement; Additional Documents. The Borrower will pay when and as due all sums and other payments owing to the City hereunder or under the Note or other Loan Documents. The Borrower will not permit the commencement of any work or the delivery of any materials until the Note and Deed of Trust have been executed, and the Deed of Trust properly placed on record. On demand of the City, the Borrower will do any act, or execute or cause to be executed by the appropriate parties any additional documents documents, reasonably required by the City to secure the Loan, confirm the security interest and lien of the Deed of Trust and first third priority thereof or to comply with any conditions the City may have imposed as a term of the loan commitment, including such additional documents, but not limited to, a new or replacement Note and/or Deed of Trust and an agreement extending or otherwise modifying the Note and/or Deed of Trust and a certificate as to the amount of the indebtedness evidenced by the Note.
Appears in 5 contracts
Payment, Noncommencement; Additional Documents. The Borrower will pay when and as due all sums and other payments owing to the City hereunder or under the Note or other Loan Documents. The Borrower will not permit the commencement of any work or the delivery of any materials until the Note and Deed of Trust have been executed, and the Deed of Trust properly placed on record. On demand of the City, the Borrower will do any act, or execute or cause to be executed by the appropriate parties any additional documents documents, reasonably required by the City to secure the Loan, confirm the security interest and lien of the Deed of Trust and first fifth priority thereof or to comply with any conditions the City may have imposed as a term of the loan commitment, including such additional documents, but not limited to, a new or replacement Note and/or Deed of Trust and an agreement extending or otherwise modifying the Note and/or Deed of Trust and a certificate as to the amount of the indebtedness evidenced by the Note.
Appears in 2 contracts
Payment, Noncommencement; Additional Documents. The Borrower will pay when and as due all sums and other payments owing to the City hereunder or under the Note or other Loan Documents. The Borrower will not permit the commencement of any work or the delivery of any materials to the site until the Note and Deed of Trust have been executed, and the Deed of Trust properly placed on record. On demand of the City, the Borrower will do any act, or execute or cause to be executed by the appropriate parties any additional documents required by the City to secure the Loan, confirm the security interest and lien of the Deed of Trust and first fourth priority thereof or to comply with any conditions the City may have imposed as a term of the loan commitment, including such additional documents, but not limited to, a new or replacement Note and/or Deed of Trust and an agreement extending or otherwise modifying the Note and/or Deed of Trust and a certificate as to the amount of the indebtedness evidenced by the Note.
Appears in 2 contracts
Samples: Home Construction/Permanent Loan Agreement, Home Construction/Permanent Loan Agreement
Payment, Noncommencement; Additional Documents. The Borrower will pay when and as due all sums and other payments owing to the City hereunder or under the Note or other Loan Documents. The Borrower will not permit the commencement of any work or the delivery of any materials until the Note and Deed of Trust have been executed, and the Deed of Trust properly placed on record. On demand of the City, the Borrower will do any act, or execute or cause to be executed by the appropriate parties any additional documents documents, reasonably required by the City to secure the Loan, confirm the security interest and lien of the Deed of Trust and first fourth priority thereof or to comply with any conditions the City may have imposed as a term of the loan commitment, including such additional documents, but not limited to, a new or replacement Note and/or Deed of Trust and an agreement extending or otherwise modifying the Note and/or Deed of Trust and a certificate as to the amount of the indebtedness evidenced by the Note.
Appears in 1 contract
Samples: Agreement