Common use of SEPARATE AND COMMUNITY PROPERTY Clause in Contracts

SEPARATE AND COMMUNITY PROPERTY. Any married person who executes this Mortgage as a “Mortgagor” agrees that any money judgment which Mortgagee obtains pursuant to the terms of this Mortgage or any other obligation of that married person secured by this Mortgage may be collected by execution upon any separate property or community property of that person.

Appears in 4 contracts

Samples: Security Agreement (KBS Real Estate Investment Trust, Inc.), Mortgage and Absolute Assignment of Rents and Leases and Security Agreement (Cole Credit Property Trust III, Inc.), Security Agreement (Lasalle Hotel Properties)

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SEPARATE AND COMMUNITY PROPERTY. Any married person who executes this Mortgage as a “Mortgagor” Mortgagor agrees that any money judgment which Mortgagee obtains pursuant to the terms of this Mortgage or any other obligation of that married person secured by this Mortgage may be collected by execution upon any separate property or community property of that person.

Appears in 1 contract

Samples: Leases and Security Agreement (Manufactured Home Communities Inc)

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