Use of the Real Property. The Borrower agrees that the Real Property may only be used as a residential apartment complex and for no other purpose. The Real Property may not be converted to a cooperative or condominium without Lender’s prior written consent, which consent may be withheld in Lender's sole and absolute discretion.
Appears in 3 contracts
Samples: Deed of Trust, Security Agreement and Fixture Filing, Deed of Trust, Security Agreement and Fixture Filing (United Investors Income Properties), Deed of Trust, Security Agreement and Fixture Filing (Consolidated Capital Growth Fund)
Use of the Real Property. The Borrower agrees that the Real Property may only be used as a residential apartment complex and for no other purpose. The Real Property may not be converted to a cooperative or condominium without Lender’s prior written consent, which consent may be withheld in LenderLxxxxx's sole and absolute discretion.
Appears in 2 contracts
Samples: Future Advance Mortgage (Angeles Partners X), Future Advance Mortgage (Oxford Residential Properties I LTD Partnership)
Use of the Real Property. The Borrower agrees that the Real Property may only be used as a residential apartment complex and for no other purpose. The Real Property may not be he converted to a cooperative or condominium without LenderBeneficiary’s prior written consent, which consent may be withheld in Lender's Beneficiary’s sole and absolute discretion.
Appears in 1 contract
Samples: Deed of Trust, Security Agreement and Fixture Filing (NNN Apartment REIT, Inc.)
