Payment of Secured Indebtedness. The security interest created herein is given as security for:
Payment of Secured Indebtedness. Mortgagor covenants and agrees to pay all of the Secured Indebtedness and each separate item or installment thereof as and when the same shall become due and payable, whether by extension, acceleration or otherwise. If the Mortgagor pays and discharges all amounts of outstanding principal and accrued interest due and payable under the Secured Indebtedness then in that event only, this Mortgage shall be and become null and void and discharged of record.
Payment of Secured Indebtedness. The security interest created herein by each Debtor is given as security for the discharge and performance of the following obligations: all of such Debtor’s and the Borrower’s obligations contained in or arising under or in connection with the Credit Agreement, any Note, the Guaranty, any Interest Rate Protection Agreements, any other Loan Document or any other document or instrument executed in connection therewith, howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, now or hereafter existing, or due to become due, together with interest thereon; and also as security for all other indebtedness and liabilities, whether direct, indirect, absolute or contingent, owing by such Debtor or the Borrower to the Banks in any manner and at any time, whether due or hereafter to become due, now owing or that may hereafter be incurred by such Debtor or the Borrower to or acquired by the Banks, and any judgments that may hereafter be rendered on such indebtedness or any part thereof, with interest according to the rates and terms specified, or as provided by law, and any and all replacements, consolidations, amendments, renewals or extensions of the foregoing (collectively herein called the “Indebtedness”).
Payment of Secured Indebtedness. Grantor shall pay to Grantee the Secured Indebtedness with interest thereon as in the Notes and this Deed provided.
Payment of Secured Indebtedness. Mortgagor will pay, or cause to be paid, when due the Secured Indebtedness, together with interest thereon, at the times and in the manner as provided in and by the Loan Documents.
Payment of Secured Indebtedness. The security interest created herein by each Debtor is given as security for the discharge and performance of the following obligations:
Payment of Secured Indebtedness. The Grantor shall duly and ---------------------------------- punctually pay the Secured Indebtedness as the same becomes due, and shall faithfully and punctually perform all of the obligations and liabilities of the Secured Indebtedness.
Payment of Secured Indebtedness. 2.1 Mortgagor shall pay the Secured Indebtedness at the times and places and in the manner specified in the Loan Documents and shall perform all of the Secured Obligations in accordance with the provisions set forth herein and in the other Loan Documents. Anything to the contrary herein notwithstanding, the maximum principal amount (exclusive of costs, expenses, protective advances, and interest) at any time secured by this Mortgage shall not exceed Twenty-Five Million and No/100 Dollars ($25,000,000.00); furthermore, the Secured Obligations shall not include any obligations for the payment of principal or interest with respect to any revolving loans or future loan advances under the terms of any of the Loan Documents.
Payment of Secured Indebtedness. The Mortgagor will duly and punctually pay or cause to be paid all of the Secured Indebtedness.
Payment of Secured Indebtedness. Mortgagor shall pay all indebtedness ------------------------------- and perform all obligations secured by this Mortgage promptly when due.
