Common use of PAYMENT OF INDEBTEDNESS; OBSERVANCE OF COVENANTS Clause in Contracts

PAYMENT OF INDEBTEDNESS; OBSERVANCE OF COVENANTS. Mortgagor shall duly and punctually pay each and every installment of principal and interest on the Note and all other Indebtedness, as and when the same shall become due, and shall duly and punctually perform and observe all of the covenants, agreements and provisions contained herein, in the Note and in any other instrument given as security for the payment of the Note.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (Famous Daves of America Inc), Mortgage and Security Agreement (Famous Daves of America Inc)

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PAYMENT OF INDEBTEDNESS; OBSERVANCE OF COVENANTS. Mortgagor shall shall, and hereby agrees to, duly and punctually pay each and every installment of principal and interest on the Note and all other IndebtednessIndebtedness Secured Hereby, as and when the same shall become due, and shall shall, and hereby agrees to, duly and punctually perform and observe all of the covenants, agreements and provisions contained herein, in the Note and in any other instrument given as security for the payment of the Note.

Appears in 1 contract

Samples: Security Agreement (Talon Real Estate Holding Corp.)

PAYMENT OF INDEBTEDNESS; OBSERVANCE OF COVENANTS. Mortgagor shall duly and punctually pay each and every installment of principal principal, interest, and interest on other payments due under the Note and all other IndebtednessIndebtedness Secured Hereby, as and when the same shall become due, and shall duly and punctually perform and observe all of the covenants, agreements and provisions contained herein, in the Note and in any other instrument given as security for the payment of the Note.

Appears in 1 contract

Samples: Security Agreement (Netreit, Inc.)

PAYMENT OF INDEBTEDNESS; OBSERVANCE OF COVENANTS. Mortgagor Borrower shall duly and punctually pay each and every installment of principal and interest on the Note Notes and all other IndebtednessIndebtedness Secured Hereby, as and when the same shall become due, and shall duly and punctually perform and observe all of the covenants, agreements and provisions contained herein, in the Note Notes and in any other instrument given as security for the payment of the NoteNotes.

Appears in 1 contract

Samples: Security Agreement (Great Plains Ethanol LLC)

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PAYMENT OF INDEBTEDNESS; OBSERVANCE OF COVENANTS. Mortgagor Borrower shall duly and punctually pay each and every installment of principal and interest on the Note and all other IndebtednessIndebtedness Secured Hereby, as and when the same shall become due, and shall duly and punctually perform and observe all of the covenants, agreements and provisions contained herein, in the Note and in any other instrument given as security for the payment of the Note.

Appears in 1 contract

Samples: Future Advance Mortgage and Security Agreement (Great Plains Ethanol LLC)

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