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Common use of UNIFORM SECURED NOTE Clause in Contracts

UNIFORM SECURED NOTE. This Note is a uniform instrument with limited variations in some jurisdictions. In addition to the protections given to the Note Holder under this Note, a Mortgage, Deed of Trust or Security Deed (the "Security Instrument"), dated the same date as this Note, protects the Note Holder from possible losses which might result if I do not keep the promises which I make in this Note. That Security Instrument describes how and under what conditions I may be required to make immediate payment in full of all amounts I owe under this Note. Some of those conditions are described as follows: Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lxxxxx's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Security Instrument. If Bxxxxxxx fails to make these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. WITNESS THE HAND(S) AND SEAL(S) OF THE UNDERSIGNED. __________________________________________________ Manhattan Bridge Capital Inc.., BY Axxxx Xxx, President __________________________________________________ (Seal) Witness by ___________________________ Vxxxxxx Xxx

Appears in 1 contract

Samples: Balloon Note (Manhattan Bridge Capital, Inc)

UNIFORM SECURED NOTE. This Note note is a uniform instrument with limited variations in some jurisdictions. In addition to the protections protection given to the Note Holder under this Note, a Mortgage, Deed of Trust or Security Deed (the "Security Instrument"), dated the same date as this Note, protects the Note Holder from possible losses which might result if I do not keep the promises promise which I make in this Note. That Security Instrument describes how and under what conditions I may be required to make immediate payment in full of all amounts I owe under this Note. Some of those conditions are described as follows: Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) ), without LxxxxxXxxxxx's prior written consent, Lender may, at its option, option require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument. If Lender lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Security Instrument. If Bxxxxxxx Xxxxxxxx fails to make pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. WITNESS THE HAND(S) AND SEAL(S) OF THE UNDERSIGNED. ________________________________(Seal) -Borrower Soc. Sec. # ______________________ Manhattan Bridge Capital Inc.., BY Axxxx Xxx, President _________________________________(Seal) -Borrower Soc. Sec. # ______________________ THIS RIDER is made this _____ day of ____________, 20____, and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt (the “Security Instrument”) of the same date given by the undersigned (the “Borrower”) to secure Borrower’s Note to _________________________ (the “Lender”) of the same date (the “Note”) and covering the property described in the Security Instrument and located at: _________________________________ _________________________________ (Seal) Witness by ___________________________ Vxxxxxx XxxProperty Address)

Appears in 1 contract

Samples: Mortgage

UNIFORM SECURED NOTE. This Note is a uniform instrument with limited variations in some jurisdictions. In addition to the protections given to the Note Holder under this Note, a Mortgage, Deed of Trust or Security Deed (the "Security Instrument"), ) dated the same date as this Note, protects the Note Holder from possible losses which might result if I do not keep the promises which I make in this Note. That Security Instrument describes how and under what conditions I may be required to make immediate payment in full of all amounts I owe under this Note. Some of those conditions are described paraphrased as follows: Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest in it is sold or transferred (or of if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without LxxxxxLender's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Security Instrument. If Bxxxxxxx Borrower fails to make pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. WITNESS THE HAND(SWitness the Hand(s) AND SEAL(Sand Seal(s) OF THE UNDERSIGNED. __________________________________________________ Manhattan Bridge Capital Inc.., BY Axxxx Xxx, President __________________________________________________ of the Undersigned /s/ Michael Edward Greenlees ---------------------------- (Seal) Witness Michael Edward Greenlees Borrower /x/ Xxxxi Helen Greenlees ---------------------------- (Seal) Randi Helen Greenlees Borrower XXXXXXX XXXXX XXX. EXECUTIVE SALARY CONTINUATION PLAN AGREEMENT Agreement made the 1st day of December, 1998 by ___________________________ Vxxxxxx Xxxand between Omnicom Group Inc., a New York corporation, its place of business at 437 Madison Avenue, New York, New York 10022, and Michael Greenleex ("Xxxxxxxxxxx"), xx xxxxxxxx xx XXXX Xxxxxxide a xxxxxxxxxx xx Xxxicom Group Inc. I. Purpose of the Plan. The purpose of the 1988 Executive Salary Continuation Plan (the "Plan") is to further the growth of Omnicom Group Inc. by offering a benefit to encourage experienced executives to enter the employ of Omnicom Group Inc. or one of its Subsidiary companies, and to encourage key executives to remain in the employ of Omnicom or a Subsidiary company.

Appears in 1 contract

Samples: Employment Agreement (Omnicom Group Inc)

UNIFORM SECURED NOTE. This Note is a uniform instrument with limited variations in some jurisdictions. In addition to the protections given to the Note Holder under this Note, a Mortgage, Deed of Trust or Security Deed (the "Security Instrument"), dated the same date as this Note, protects the Note Holder from possible losses which might result if I do not keep the promises which I make in this Note. That Security Instrument describes how and under what conditions I may be required to make immediate payment in full of all amounts I owe under this Note. Some of those conditions Conditions are described as follows: Transfer of or the Property or a Beneficial Interest in In Borrower. If all or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without LxxxxxXxxxxx's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all all. sums secured by this Security Instrument. If Bxxxxxxx Xxxxxxxx fails to make pay these sums prior to the expiration of this ~ period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. WITNESS THE HAND(S) AND SEAL(S) OF THE UNDERSIGNED. __________________________________________________ Manhattan Bridge Capital Inc.., BY Axxxx Xxx, President __________________________________________________ /s/ (Seal) Witness Xxxxx Xxxxxxxx -Borrower PAY TO THE ORDER OF WITHOUT RECOURSE XXXXXX PROPERTIES, INC., AN OREGON CORPORATION DBA TREO FUNDING . XXXXX XXXXXXXXX/FUNDER, AUTHORIZED SIGNATOR WHEN RECORDED MAIL TO: Treo Funding 4550 S.W. Xxxxx Xxx, Xxxxx 000 Lake Oswego, Oregon 97035 (Space Above This Line For Recording Data) Loan Number 95-1571 DEED OF TRUST THIS DEED OF TRUST ("Security Instrument") is made on SEPTEMBER 26, 1995. The trustor is XXXXX XXXXXXXX, A MARRIED MAN AS HIS SOLE AND SEPARATE PROPERTY ("Borrower"). The trustee is INWEST TITLE ("Trustee"). The beneficiary is XXXXXX PROPERTIES, INC., AN OREGON CORPORATION, DBA TREO FUNDING, and whose address is 0000 X.X. KRUSE WAY, SUITE 265, LAKE OSWEGO, OREGON 97035 ("Lender"). Borrower owes Lender the principal sum of SEVENTY-FOUR THOUSAND FIVE HUNDRED SEVENTY-FIVE AND 00/100ths Dollars (U.S. $74,575.00). This debt is evidenced by ___________________________ Vxxxxxx XxxXxxxxxxx's note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on OCTOBER 1, 2025. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in XXXXX County, Utah: SEE ATTACHED EXHIBIT "A" TAX ACCOUNT NO: 00-000-0000 Which has the address of 0000 XXXXX XXXX XXXXX XXXXX #000, XXXX, [Street] [City] Utah 84310 ("Property Address"); [Zip Code] TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter apart of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seized of the Estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances or record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:

Appears in 1 contract

Samples: Loan Agreement (Paradise Resorts & Rentals Inc)