Common use of Rights Applicable to Other Forms of Encumbrance (Deed of Trust) Clause in Contracts

Rights Applicable to Other Forms of Encumbrance (Deed of Trust). The rights and obligations of this Agreement relating to Mortgages of any portion of the Redeveloper Property shall apply to any deed of trust or other type of encumbrance on any of the Redeveloper Property, and any of the stated rights, obligations and remedies of any party relating to mortgage foreclosures shall be applicable to procedures under any deed of trust or similar method of encumbrance.

Appears in 6 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement, Façade Agreement

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Rights Applicable to Other Forms of Encumbrance (Deed of Trust). The rights and obligations of this Agreement relating to Mortgages of any portion of the Redeveloper Property shall apply to any deed of trust or other type of encumbrance on any of the Redeveloper Property, and any of the stated rights, obligations and remedies of any party relating to mortgage foreclosures shall be applicable to procedures under any deed of trust or similar method of encumbrance.

Appears in 3 contracts

Samples: Redevelopment Agreement, Lincoln Redevelopment Agreement, Lincoln Redevelopment Agreement

Rights Applicable to Other Forms of Encumbrance (Deed of Trust). The rights and obligations of this Agreement relating to Mortgages of any portion of the Redeveloper Property and Airspace Property shall apply to any deed of trust or other type of encumbrance on any of the Redeveloper PropertyProject Site, and any of the stated rights, obligations and remedies of any party relating to mortgage foreclosures shall be applicable to procedures under any deed of trust or similar method of encumbrance.

Appears in 1 contract

Samples: Redevelopment Agreement

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Rights Applicable to Other Forms of Encumbrance (Deed of Trust). The Prior to Project Completion, the rights and obligations of this Agreement relating to Mortgages or Deeds of Trust on any portion of the Redeveloper Redevelopment Property shall apply to any deed of trust or other type of encumbrance on any of the Redeveloper Redevelopment Property, and any of the stated rights, obligations and remedies of any party relating to mortgage foreclosures shall be applicable to procedures under any deed of trust or similar method of encumbrance.

Appears in 1 contract

Samples: Downtown Entertainment Center

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