Common use of Subordination of Mortgages Clause in Contracts

Subordination of Mortgages. All Mortgages placed against the Property, or any portion thereof, shall be subject and subordinate to this Covenant, except as provided in Section 8.3.3.

Appears in 3 contracts

Samples: Affordable Housing Covenant, Affordable Housing Covenant, Affordable Housing Covenant

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Subordination of Mortgages. All Mortgages placed against the Property, or any portion thereof, shall be subject and subordinate to this Covenant, except as provided in Section 8.3.3.

Appears in 2 contracts

Samples: Inclusionary Development Covenant, Inclusionary Development Covenant

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