Real Property Law. In the event of any conflict, inconsistency or ambiguity between (i) the provisions of the Note, this Mortgage or the other Loan Documents and (ii) the provisions of subsection 4 of Section 254 of the Real Property Law of New York covering the insurance of buildings against loss by fire, the provisions of the Note, this Mortgage and the other Loan Documents shall control.
Appears in 4 contracts
Samples: Building Loan Mortgage, Project Loan Mortgage (KBS Strategic Opportunity REIT II, Inc.), Acquisition Loan Mortgage (KBS Strategic Opportunity REIT II, Inc.)
Real Property Law. In the event of any conflict, inconsistency or ambiguity between (i) the provisions of the Note, this Mortgage Security Instrument or the other Loan Documents and (ii) the provisions of subsection 4 of Section 254 of the Real Property Law of New York covering the insurance of buildings against loss by fire, the provisions of the Note, this Mortgage Security Instrument and the other Loan Documents shall control.
Appears in 3 contracts
Samples: Fee and Leasehold Mortgage, Assignment of Leases and Rents and Security Agreement (Empire State Realty Trust, Inc.), Fee and Leasehold Mortgage, Assignment of Leases and Rents and Security Agreement (Empire State Realty Trust, Inc.), Fee and Leasehold Mortgage, Assignment of Leases and Rents and Security Agreement (Empire State Building Associates L.L.C.)
Real Property Law. In the event of any conflict, inconsistency or ambiguity between (i) the provisions of the Note, this Mortgage or the other Loan Documents Section 3.02 hereof and (ii) the provisions of subsection 4 of Section 254 of the Real Property Law of New York covering the insurance of buildings against loss by fire, the provisions of the Note, this Mortgage and the other Loan Documents Section 3.02 shall control.
Appears in 1 contract
Samples: Mortgage, Assignment of Leases and Rents and Security Agreement (Alexanders Inc)
Real Property Law. In the event of any conflict, inconsistency or ambiguity between (i) the provisions of the Building Loan Note, this Mortgage Security Instrument or the other Building Loan Documents and (ii) the provisions of subsection 4 of Section 254 of the Real Property Law of New York covering the insurance of buildings against loss by fire, the provisions of the Building Loan Note, this Mortgage Security Instrument and the other Building Loan Documents shall control.
Appears in 1 contract
Real Property Law. In the event of any conflict, inconsistency or ambiguity between (i) the provisions of the Note, this Mortgage or the other Loan Documents Section 3.3 hereof and (ii) the provisions of subsection 4 of Section 254 of the Real Property Law of New York covering the insurance of buildings against loss by fire, the provisions of the Note, this Mortgage and the other Loan Documents Section 3.3 shall control.
Appears in 1 contract
