Common use of Recording of Mortgage, Etc Clause in Contracts

Recording of Mortgage, Etc. Upon the execution and delivery of the Mortgages and thereafter, Borrower shall from time to time cause the Mortgages and any of the other Loan Documents creating a lien or security interest or evidencing the lien hereof upon the Properties and each instrument of further assurance to be filed, registered or recorded in such manner and in such places as may be required by any present or future law in order to publish notice of and fully to protect and perfect the lien or security interest hereof upon, and the interest of Lender in, the Properties. Borrower will pay all taxes, filing, registration or recording fees, and all expenses incident to the preparation, execution, acknowledgment and/or recording of the Note, the Mortgages, the other Loan Documents, any note, deed of trust or mortgage supplemental hereto, any security instrument with respect to the Properties and any instrument of further assurance, and any modification or amendment of the foregoing documents, and all federal, state, county and municipal taxes, duties, imposts, assessments and charges arising out of or in connection with the execution and delivery of the Mortgages or the Loan, any deed of trust or mortgage supplemental hereto, any security instrument with respect to the Properties or any instrument of further assurance, and any modification or amendment of the foregoing documents, except where prohibited by law so to do. Borrower hereby agrees that, in the event it is determined that any recordation taxes, documentary stamp taxes, intangible personal property taxes or other costs and expenses incident to the preparation, execution, acknowledgment and/or recording of the Note, the Mortgages, the other Loan Documents are due, Borrower shall indemnity and hold harmless the Indemnified Parties for any such recordation taxes, documentary stamp taxes, intangible personal property taxes or other costs and expenses, including all penalties and interest accessed or charged in connection therewith.

Appears in 1 contract

Samples: Lease Agreement (Ashford Hospitality Trust Inc)

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Recording of Mortgage, Etc. Upon Mortgagor forthwith upon the execution and delivery of the Mortgages this Leasehold Mortgage and thereafter, Borrower shall from time to time time, shall cause the Mortgages this Leasehold Mortgage, and any of the other Loan Documents security instrument creating a lien or security interest or evidencing the lien hereof upon the Properties Mortgaged Property and each instrument of further assurance assurance, to be filed, registered or recorded in such manner and in such places as may be required by any present or future law in order to publish notice of and fully to protect and perfect the lien or security interest hereof upon, and the interest of Lender Mortgagee in, the PropertiesMortgaged Property. Borrower will Mortgagor shall pay all taxes, filing, registration or recording fees, and all expenses incident to the preparation, execution, execution and acknowledgment and/or recording of the Note, the Mortgages, the other Loan Documentsthis Leasehold Mortgage, any note, deed modification of trust or mortgage supplemental heretosupplement to this Leasehold Mortgage or the Obligations, any security instrument with respect to the Properties Mortgaged Property and any instrument of further assurance, and any modification or amendment of the foregoing documents, and all federal, state, county and municipal municipal, taxes, duties, imposts, assessments and charges arising out of or in connection with the execution and delivery of the Mortgages this Leasehold Mortgage, any modification of or supplement to this Leasehold Mortgage or the Loan, any deed of trust or mortgage supplemental heretoObligations, any security instrument with respect to the Properties Mortgaged Property or any instrument of further assurance, and any modification or amendment of the foregoing documents, except where prohibited by law so to do. Borrower hereby agrees thatMortgagor shall hold harmless and indemnify Mortgagee, in its successors and assigns, against any liability incurred by reason of the event it is determined that imposition of any recordation taxes, documentary stamp taxes, intangible personal property taxes or other costs tax on the making and expenses incident to the preparation, execution, acknowledgment and/or recording of the Note, the Mortgages, the other Loan Documents are due, Borrower shall indemnity and hold harmless the Indemnified Parties for any such recordation taxes, documentary stamp taxes, intangible personal property taxes or other costs and expenses, including all penalties and interest accessed or charged in connection therewiththis Leasehold Mortgage.

Appears in 1 contract

Samples: Lease Agreement (Showboat Inc)

Recording of Mortgage, Etc. Upon Mortgagor forthwith upon the execution and delivery of the Mortgages and thereafterthis Mortgage, Borrower shall from time to time will cause the Mortgages this Mortgage, and any of the other Loan Documents security instrument creating a lien or security interest or evidencing the lien hereof upon the Properties and Mortgaged Property, to be filed, registered or recorded and, thereafter, from time to time, each such other instrument of further assurance to be filed, registered or recorded recorded, all in such manner and in such places as may be required by any present or future law in order to publish notice of and fully to protect and perfect the lien or security interest hereof upon, and the interest interest(s) of Lender Mortgagee in, the PropertiesMortgaged Property. Borrower Mortgagor will pay all taxes, filing, registration or recording fees, and all expenses incident to the preparation, execution, execution and acknowledgment and/or recording of the Note, the Mortgages, the other Loan Documentsthis Mortgage, any note, deed of trust or mortgage Mortgage supplemental hereto, any security instrument with respect to the Properties Mortgaged Property and any instrument of further assurance, and any modification or amendment of the foregoing documents, and all federal, state, county and municipal municipal, taxes, duties, imposts, assessments and charges arising out of or in connection with the execution and making, execution, delivery and/or recording of the Mortgages or the Loanthis Mortgage, any deed of trust or mortgage Mortgage supplemental hereto, any security instrument with respect to the Properties Mortgaged Property or any instrument of further assurance, and any modification or amendment of the foregoing documents, except where prohibited by law so to do. Borrower hereby agrees thatMortgagor shall hold harmless and indemnify Mortgagee, in its successors and assigns, against any liability incurred by reason of the event it is determined that imposition of any recordation taxes, documentary stamp taxes, intangible personal property taxes or other costs and expenses incident to tax on the preparationmaking, execution, acknowledgment delivery and/or recording of this Mortgage, any Mortgage supplemental hereto, Loan No. 3212525 any security instrument with respect to the Note, the Mortgages, the other Loan Documents are due, Borrower shall indemnity and hold harmless the Indemnified Parties for Mortgaged Property or any such recordation taxes, documentary stamp taxes, intangible personal property taxes or other costs and expenses, including all penalties and interest accessed or charged in connection therewithinstrument of further assurance.

Appears in 1 contract

Samples: Leases and Rents and Security Agreement (Dm Management Co /De/)

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Recording of Mortgage, Etc. Upon Mortgagor forthwith upon the execution and delivery of the Mortgages and thereafterthis Mortgage, Borrower shall from time to time will cause the Mortgages this Mortgage, and any of the other Loan Documents security instrument creating a lien or security interest or evidencing the lien hereof upon the Properties and Mortgaged Property, to be filed, registered or recorded and, thereafter, from time to time, each such other instrument of further assurance to be filed, registered or recorded recorded, all in such manner and in such places as may be required by any present or future law in order to publish notice of and fully to protect and perfect the lien or security interest hereof upon, and the interest interest(s) of Lender Mortgagee in, the PropertiesMortgaged Property. Borrower Mortgagor will pay all taxes, filing, registration or recording fees, and all expenses incident to the preparation, execution, execution and acknowledgment and/or recording of the Note, the Mortgages, the other Loan Documentsthis Mortgage, any note, deed of trust or mortgage Mortgage supplemental hereto, any security instrument with respect to the Properties Mortgaged Property and any instrument of further assurance, and any modification or amendment of the foregoing documents, and all federal, state, county and municipal municipal, taxes, duties, imposts, assessments and charges arising out of or in connection with the execution and making, execution, delivery and/or recording of the Mortgages or the Loanthis Mortgage, any deed of trust or mortgage Mortgage supplemental hereto, any security instrument with respect to the Properties Mortgaged Property or any instrument of further assurance, and any modification or amendment of the foregoing documents, except where prohibited by law so to do. Borrower hereby agrees thatMortgagor shall hold harmless and indemnify Mortgagee, in its successors and assigns, against any liability incurred by reason of the event it is determined that imposition of any recordation taxes, documentary stamp taxes, intangible personal property taxes or other costs and expenses incident to tax on the preparationmaking, execution, acknowledgment delivery and/or recording of this Mortgage, any Mortgage supplemental hereto, any security instrument with respect to the Note, the Mortgages, the other Mortgaged Property or any instrument of further assurance. Loan Documents are due, Borrower shall indemnity and hold harmless the Indemnified Parties for any such recordation taxes, documentary stamp taxes, intangible personal property taxes or other costs and expenses, including all penalties and interest accessed or charged in connection therewith.No. 526618:11

Appears in 1 contract

Samples: Rents and Security Agreement (FSP 303 East Wacker Drive Corp.)

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