Common use of Property Transfer Clause in Contracts

Property Transfer. Mortgagor transfers all or a substantial part of ▇▇▇▇▇▇▇▇▇’s money or property. This condition of default, as it relates to the transfer of the Property, is subject to the restrictions contained in the DUE ON SALE section.

Appears in 3 contracts

Sources: Mortgage (CTD Holdings Inc), Mortgage (Manitex International, Inc.), Mortgage (Nova Biosource Fuels, Inc.)

Property Transfer. Mortgagor transfers all or a substantial part of ▇▇▇▇▇▇▇▇▇’s 's money or property. This condition of default, as it relates to the transfer of the Property, is subject to the restrictions contained in the DUE ON SALE section.

Appears in 1 contract

Sources: Mortgage (Manufactured Housing Properties Inc.)