Common use of PURPOSE OF SECURING Clause in Contracts

PURPOSE OF SECURING. (1) The debt evidenced by that certain Promissory Note (such Promissory Note, together with any and all renewals, amendments, modifications, consolidations and extensions thereof, is hereinafter referred to as the "Note") of even date with this Deed of Trust, made by Grantor payable to the order of Beneficiary in the principal face amount of Two Million Five Hundred Thousand and No/100 Dollars ($2,500,000.00), together with interest as therein provided;

Appears in 1 contract

Samples: Trust, Security Agreement and Fixture Filing (Apple Suites Inc)

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PURPOSE OF SECURING. (1) The debt evidenced by that certain Promissory Note (such Promissory Note, together with any and all renewals, modifications, amendments, modificationsrestatements, consolidations consolidations, substitutions, replacements and extensions thereof, is hereinafter referred to as the "Note") of even date with this Deed of Trust, made by Grantor and payable to the order of Beneficiary in the original principal face amount of Two Million Five Hundred Thousand and No/100 Dollars SIX MILLION FIFTY THOUSAND AND NO/100 DOLLARS ($2,500,000.00), together with interest as therein provided;6,050,000.00) (the "

Appears in 1 contract

Samples: Trust and Security Agreement (Westcoast Hospitality Corp)

PURPOSE OF SECURING. (1) The debt evidenced by that certain Promissory Note (such Promissory Note, together with any and all renewals, amendments, modifications, consolidations and extensions thereof, is hereinafter referred to as the "Note") of even date with this Deed of TrustMortgage, made by Grantor Mortgagor payable to the order of Beneficiary Mortgagee in the principal face amount of Two Five Million Five Four Hundred Sixty Thousand and No/100 Dollars ($2,500,000.005,460,000.00), together with interest as therein provided;

Appears in 1 contract

Samples: Mortgage and Security Agreement (Apple Hospitality Two Inc)

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PURPOSE OF SECURING. (1) The debt evidenced by that certain Promissory Note (such Promissory Note, together with any and all renewals, amendments, modifications, consolidations and extensions thereof, is hereinafter referred to as the "Note") of even date with this Deed of TrustMortgage, made by Grantor Mortgagor payable to the order of Beneficiary Mortgagee in the principal face amount of Two Four Million Eight Hundred Seventy-Five Hundred Thousand and No/100 Dollars ($2,500,000.004,875,000.00), together with interest as therein provided;

Appears in 1 contract

Samples: Mortgage and Security Agreement (Apple Hospitality Two Inc)

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