Examples of Deed of Loan in a sentence
If, following the proposed cadastral amendment, our rights under the Deed of Loan are transferred not only to one or more full lots, but also to one or more parts of lots, or only to one or more parts of lots, you must obtain our express prior consent to the contemplated transaction and we may then require that you grant us a hypothec on one or more parts of lots so that our rights apply to one or more full lots.
Paragraph and section headings do not form part of the Deed of Loan, but are used only for easy and convenient reference.
They do not affect the construction or interpretation of the Deed of Loan.
If any of the provisions of the Deed of Loan is null or void or deemed not to have been written, all the other provisions of the Deed of Loan will be severable from the provisions that are null and void or deemed not to have been written and will remain valid and enforceable.
Each of your Obligations is indivisible and we may require full compliance by each of you who have signed the Deed of Loan and your heirs, legatees, legal representatives, successors or assigns.
We authorize you by this Deed of Loan to make any cadastral amendments for the sole purpose of renumbering the lot(s) corresponding to the Property, provided that, following such amendment, our rights arising from the Deed of Loan are carried over to one or more full lots, excluding parts of lots.
In general, the defined terms that appear below are used throughout this Deed of Loan in boldface italic characters.
In such a case, you will continue to be bound to fulfil all your Obligations set out in the Deed of Loan, subject to such amendments as we may have agreed with you with respect to such Obligations.
The additional amounts borrowed will also be secured by Hypothecs created by this Deed of Loan.
If there are discrepancies between the insurance section contained in the Deed of Loan and the insurance provisions contained in the Declaration of Co-ownership as regards our use of the insurance proceeds in the event of a loss, the provisions in the Declaration of Co-Ownership will apply.