Examples of Mortgaged Lands in a sentence
Conclusion: Board of Revenue has no power to extend the period of limitation under the Punjab Redemption and Restitution of Mortgaged Lands Act, 1964.
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Analysis: There is no provision of law under which the Board of revenue has the power to extend the period of limitation under the Punjab Redemption and Restitution of Mortgaged Lands Act, 1964 and, even if it has such power, whether it could be exercised retrospectively, i.e., revive claims that had become time barred for purposes of filing an application under s.
The Gulfstream Borrower shall grant the Gulfstream Lender a first-ranking security interest, mortgage and charge over its fee simple interest in the Gulfstream Property and the Aventura lands of approximately 33.2 acres (net of 6 acres that the Gulfstream Borrower is transferring to the City of Aventura) (the "Aventura Lands") (the Gulfstream Property and the Aventura Lands being collectively defined herein as the "Gulfstream Mortgaged Lands").
By the Punjab Restitution of Mortgaged Lands Bill, the Ministry determined to restore to agriculturists lands mortgaged by them to non-agriculturists before such transactions were forbidden by the Land Alienation Act.
If the "title, the City Assessor's Office, or a surveyor's certificate identifies that a building on the Mortgaged Lands shares a (llparty wall,i) with an adjoining property, as is the case with duplex houses and duplex type office Duildings, a party wall is mandatory and ought to be noted as on your checklist.
Qui te often there wi 11 be instrrnnents affect ing the Mortgaged Lands for which you will be required to arrange a postponement in order to ensure that the Lender'smortgage is a first charge on the property.
The Borrower hereby represents and warrants to SIDIT that neither the Borrower nor, to its knowledge after due enquiry, any other person has ever caused or permitted any Hazardous Material (as defined below) to be placed, held, located or disposed of on, under or at the Mortgaged Lands or any part thereof, except in compliance with all applicable laws.
The Spouse of the Mortgagor consents to this Mortgage and conveys to the Mortgagee all the right, title and interest of such spouse in the Mortgaged Lands, subject to the provisions for payment described in this Mortgage.
If a building on the Mortgaged Lands encroaches on to'adjacent property, an encroachment agreement with the owners of the neighbouring property is mandatory for without it the Lender's security will be adversely A copy of a encroachment agreement is set out in Appendix C.