Common use of Payment of Debt and Incorporation of Covenants, Conditions and Agreements Clause in Contracts

Payment of Debt and Incorporation of Covenants, Conditions and Agreements. Borrower shall pay the Debt at the time and in the manner provided in the Loan Documents. All the covenants, conditions and agreements contained in the Loan Documents are hereby made a part of this Security Instrument to the same extent and with the same force as if fully set forth herein. Without limiting the generality of the foregoing, Borrower (i) agrees to insure, repair, maintain and restore damage to the Property, pay Taxes and Other Charges, and comply with Legal Requirements, in accordance with the Loan Agreement, and (ii) agrees that the Insurance Proceeds and Awards for Condemnation shall be settled, held and applied in accordance with the Loan Agreement. In the event of any conflict between this Security Instrument and the Loan Agreement, the terms of the Loan Agreement shall govern.

Appears in 2 contracts

Samples: And Security Agreement (KBS Strategic Opportunity REIT, Inc.), And Security Agreement (KBS Strategic Opportunity REIT, Inc.)

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Payment of Debt and Incorporation of Covenants, Conditions and Agreements. Borrower shall pay the Debt at the time and in the manner provided in the Loan Documents. All the covenants, conditions and agreements contained in the Loan Documents are hereby made a part of this Security Instrument to the same extent and with the same force as if fully set forth herein. Without limiting the generality of the foregoing, Borrower Xxxxxxxx (i) agrees to insure, repair, maintain and restore damage to the Property, escrow and pay Taxes and Other Charges, and comply with Legal Requirements, in accordance with the Loan Agreement, and (ii) agrees that the Proceeds of Insurance Proceeds and Awards for Condemnation shall be settled, held and applied in accordance with the Loan Agreement. In the event of any conflict between this Security Instrument and the Loan Agreement, the terms of the Loan Agreement shall govern.

Appears in 2 contracts

Samples: First American (Behringer Harvard Opportunity REIT I, Inc.), Security Agreement and Fixture Filing (Behringer Harvard Reit I Inc)

Payment of Debt and Incorporation of Covenants, Conditions and Agreements. Borrower Trustor shall pay the Debt at the time and in the manner provided in the Loan Documents. All the covenants, conditions and agreements agreements, contained in the Loan Documents are hereby made a part of this Security Instrument Deed of Trust to the same extent and with the same force as if fully set forth herein. Without limiting the generality of the foregoing, Borrower Trustor (i) agrees to insure, repair, maintain and restore damage to the Trust Property, pay Taxes and Other Charges, and comply with Legal Requirements, in accordance with the Loan AgreementDocuments, and (ii) agrees that the Proceeds of Insurance Proceeds and Awards for Condemnation shall be settled, held and applied in accordance with the Loan Agreement. In the event of any conflict between this Security Instrument and the Loan Agreement, the terms of the Loan Agreement shall governDocuments.

Appears in 2 contracts

Samples: Rents and Security Agreement (GK Investment Holdings, LLC), Preferred Income Ii (GK Investment Property Holdings II LLC)

Payment of Debt and Incorporation of Covenants, Conditions and Agreements. Borrower shall pay the Debt at the time and in the manner provided in the Loan Documents. All the covenants, conditions and agreements contained in the Loan Documents are hereby made a part of this Security Instrument to the same extent and with the same force as if fully set forth herein. Without limiting the generality of the foregoing, Borrower (i) agrees to insure, repair, maintain and restore damage to the Property, pay Taxes and Other Charges, and comply with Legal Requirements, in accordance with the Loan Agreement, and (ii) agrees that the Proceeds of Insurance Proceeds and Awards for Condemnation shall be settled, held and applied in accordance with the Loan Agreement. In the event of any conflict between this Security Instrument and the Loan Agreement, the terms of the Loan Agreement shall govern.

Appears in 1 contract

Samples: Trust and Security Agreement (Behringer Harvard Reit I Inc)

Payment of Debt and Incorporation of Covenants, Conditions and Agreements. Borrower shall pay the Debt at the time and in the manner provided in the Loan Documents. All the covenants, conditions and agreements contained in the Loan Documents are hereby made a part of this Security Instrument to the same extent and with the same force as if fully set forth herein. Without limiting the generality of the foregoing, Borrower (i) agrees to insure, repair, maintain and restore damage to the Property, pay Taxes and Other ChargesTaxes, and comply with Legal Requirements, in accordance with the Loan Agreement, and (ii) agrees that the Proceeds of Insurance Proceeds and Awards for Condemnation shall be settled, held and applied in accordance with the Loan Agreement. In the event of any conflict between this Security Instrument and the Loan Agreement, the terms of the Loan Agreement shall govern.

Appears in 1 contract

Samples: And Security Agreement (Presidential Realty Corp/De/)

Payment of Debt and Incorporation of Covenants, Conditions and Agreements. Borrower Grantor shall pay the Debt at the time and in the manner provided in the Loan Documents. All the covenants, conditions and agreements contained in the Loan Documents are hereby made a part of this Security Instrument the Deed of trust to the same extent and ad with the same force as if fully set forth herein. Without limiting the generality of the foregoing, Borrower Grantor (i) agrees to insure, repair, maintain and restore damage to the Trust Property, pay Taxes and Other Charges, and comply with Legal Requirements, in accordance with the Loan Agreement, and (ii) agrees that the Insurance Proceeds proceeds of insurance and Awards for Condemnation shall be settled, held and applied in accordance with the Loan Agreement. In the event of any conflict between this Security Instrument and the Loan Agreement, the terms of the Loan Agreement shall govern.

Appears in 1 contract

Samples: Glimcher Realty Trust

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Payment of Debt and Incorporation of Covenants, Conditions and Agreements. Borrower shall pay the Debt at the time and in the manner provided in the Loan Documents. All the covenants, conditions and agreements contained in the Loan Documents are hereby made a part of this Security Instrument Mortgage to the same extent and with the same force as if fully set forth herein. Without limiting the generality of the foregoing, Borrower (i) agrees to insure, repair, maintain and restore damage to the Property, escrow and pay Taxes and Other Charges, and comply with Legal Requirements, in accordance with the Loan Agreement, and (ii) agrees that the Proceeds of Insurance Proceeds and Awards for Condemnation shall be settled, held and applied in accordance with the Loan Agreement. In the event of any conflict between this Security Instrument and the Loan Agreement, the terms of the Loan Agreement shall govern.

Appears in 1 contract

Samples: Leases and Rents and Security Agreement (Behringer Harvard Reit I Inc)

Payment of Debt and Incorporation of Covenants, Conditions and Agreements. Borrower Trustor shall pay the Debt at the time and in the manner provided in the Loan Documents. All the covenants, conditions and agreements contained in the Loan Documents are hereby made a part of this Security Instrument to the same extent and with the same force as if fully set forth herein. Without limiting the generality of the foregoing, Borrower Trustor (i) agrees to insure, repair, maintain and restore damage to the Property, pay Taxes and Other Charges, and comply with Legal Requirements, in accordance with the Loan Agreement, and (ii) agrees that the Proceeds of Insurance Proceeds and Awards for Condemnation shall be settled, held and applied in accordance with the Loan Agreement. In the event of any conflict between this Security Instrument and the Loan Agreement, the terms of the Loan Agreement shall govern.

Appears in 1 contract

Samples: Fixture Filing and Security Agreement (Maguire Properties Inc)

Payment of Debt and Incorporation of Covenants, Conditions and Agreements. Borrower shall pay the Debt at the time and in the manner provided in the Loan Documents. All the covenants, conditions and agreements contained in the Loan Documents are hereby made a part of this Security Instrument Mortgage to the same extent and with the same force as if fully set forth herein. Without limiting the generality of the foregoing, Borrower (i) agrees to insure, repair, maintain and restore damage to the Property, pay Taxes and Other Charges, and comply with Legal Requirements, in accordance with the Loan Agreement, and (ii) agrees that the Proceeds of Insurance Proceeds and Awards for Condemnation shall be settled, held and applied in accordance with the Loan Agreement. In the event of any conflict between this Security Instrument and the Loan Agreement, the terms of the Loan Agreement shall govern.

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (Behringer Harvard Reit I Inc)

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