Rights Applicable to Other Forms of Encumbrance (Deed of Trust). The rights and obligations of this Agreement relating to Deed of Trust or Mortgages of any portion of the Project Site shall apply to any other type of encumbrance on any of the Project Site, and any of the stated rights, obligations and remedies of any party relating to deed of trust or mortgage foreclosures shall be applicable to procedures under any similar method of encumbrance.
Appears in 3 contracts
Samples: Redevelopment Agreement, Redevelopment Agreement, Redevelopment Agreement
Rights Applicable to Other Forms of Encumbrance (Deed of Trust). The rights and obligations of this Agreement relating to Deed of Trust or Mortgages of any portion of the Redevelopment Project Site shall apply to any other type of encumbrance on any of the Redevelopment Project Site, and any of the stated rights, obligations and remedies of any party relating to deed of trust or mortgage foreclosures shall be applicable to procedures under any deed of trust or similar method of encumbrance.
Appears in 2 contracts
Rights Applicable to Other Forms of Encumbrance (Deed of Trust). The rights and obligations of this Agreement relating to Deed of Trust or Mortgages of any portion of the Project Site Property shall apply to any other type of encumbrance on any of the Project SiteProperty, and any of the stated rights, obligations and remedies of any party relating to deed of trust or mortgage foreclosures shall be applicable to procedures under any deed of trust or similar method of encumbrance.
Appears in 1 contract
Samples: Redevelopment Agreement