Mortgaged Premises definition

Mortgaged Premises means any real property which shall now or hereafter be subject to a Notes Mortgage.

Mortgaged Premises means the Property securing a Mortgage Loan.

Mortgaged Premises. The real property securing repayment of the debt evidenced by a Note.

Examples of Mortgaged Premises in a sentence

• The Leasehold Mortgagor and the Fee Mortgagor shall not by act or omission impair the integrity of the Mortgaged Premises as a single zoning lot separate and apart from all other premises.

• The Mortgagee shall have the right to sell, and any court in which foreclosure proceedings may be brought shall have the right to order a sale of, the Mortgaged Premises and any or all of the Fixture Collateral or Other Property as a whole or in separate parcels, in any order that the Mortgagee may designate.

• In making the agreements, provisions and covenants set forth in this Mortgage, the Fee Mortgagor has not obligated itself except with respect to its interests in and to the Ground Lease and its fee simple estate and interest in and to the Mortgaged Premises.

• Similarly, no building or other Improvement on the Mortgaged Premises shall rely on any premises not subject to the lien of this Mortgage or any interest therein to fulfill any governmental or municipal requirement unless approved by the Mortgagee in writing which approval shall not be unreasonably withheld, conditioned or delayed.

• Promptly upon receipt of written notice from the Mortgagee, the Leasehold Mortgagor shall also pay, prior to delinquency, all taxes, assessments, levies, PILOT payments and charges imposed by any public authority upon the Mortgagee by reason of its interest in any Secured Obligation or in the Mortgaged Premises, or by reason of any payment made to the Mortgagee pursuant to any Secured Obligation.

More Definitions of Mortgaged Premises

Mortgaged Premises means each (1) real property interest (including without limitation any fee or leasehold interest) which is encumbered or affected by any mortgage, deed of trust, deed to secure debt or other similar document or instrument granting to the Bank a lien on or security interest in such real property interest and (2) any other real property interest upon which is situated assets or other property affected or encumbered by any document or instrument granting to the Bank a lien thereon or security interest therein;

Mortgaged Premises means any real property which shall now or hereafter be subject to a Priority Lien Mortgage.

Mortgaged Premises. With respect to any Mortgage Loan other than a Cooperative Loan, the real property or the leasehold interest, together with any improvements thereon, securing the indebtedness of the Borrower under such Mortgage Loan. With respect to any Cooperative Loan, the shares issued by a cooperative housing corporation that secure the indebtedness of the Borrower under such Cooperative Loan.

Mortgaged Premises means the real property located at 0000 X. Xxxxxxxxxx Xxxx Xxxxx, Xxx Xxxxxx, Xxxx Xxxxxx, Xxxxxxx 00000.

Mortgaged Premises means any real property which shall now or hereafter be subject to a Fixed Asset Mortgage and/or an ABL Mortgage.

Mortgaged Premises means the residential (1-4 family) real property that is encumbered by a Security Instrument securing the Mortgagor’s obligations under a Mortgage Loan, including all buildings and fixtures on such property and all accessions thereto, including installations of mechanical, electrical, plumbing, heating and air conditioning systems located in or affixed to such buildings, and all alterations, additions and replacements, and any such property following the completion of the foreclosure of the related Mortgage Loan.

Mortgaged Premises means any real property which shall now or hereafter be subject to a Revolving Credit Mortgage.