Tax and Insurance Impounds. Mortgagor shall, until all Secured Obligations have been paid in full, pay to Mortgagee the Tax and Insurance Monthly Installment as and when required (and as defined in) Section 12.2 of the Project Loan Agreement.
Appears in 4 contracts
Samples: Security Agreement and Fixture, Security Agreement and Fixture Filing (KBS Strategic Opportunity REIT II, Inc.), Security Agreement and Fixture Filing (KBS Strategic Opportunity REIT II, Inc.)