Common use of Performance of Secured Obligations Clause in Contracts

Performance of Secured Obligations. Mortgagor shall promptly pay and perform each Secured Obligation when due. By its execution hereof, Mortgagor hereby acknowledges its receipt of the fully executed Loan Agreements and Mortgagor hereby agrees to be bound by all terms and conditions contained in the Loan Agreements respecting the Property.

Appears in 2 contracts

Samples: Building Loan Mortgage, Building Loan Mortgage (KBS Strategic Opportunity REIT II, Inc.)

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Performance of Secured Obligations. Mortgagor shall promptly pay and perform each Secured Obligation when due. By its execution hereof, Mortgagor hereby acknowledges its receipt of the fully executed Project Loan Agreements Agreement and Mortgagor hereby agrees to be bound by all terms and conditions contained in the Project Loan Agreements Agreement respecting the Property.. ny-1258362

Appears in 1 contract

Samples: Acquisition Loan Mortgage (KBS Strategic Opportunity REIT II, Inc.)

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Performance of Secured Obligations. Mortgagor shall promptly pay and perform each Secured Obligation when due. By its execution hereof, Mortgagor hereby acknowledges its receipt of the fully executed Project Loan Agreements Agreement and Mortgagor hereby agrees to be bound by all terms and conditions contained in the Project Loan Agreements Agreement respecting the Property.

Appears in 1 contract

Samples: Project Loan Mortgage (KBS Strategic Opportunity REIT II, Inc.)

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