Examples of Open End Mortgage in a sentence
Open-End Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing, made as of July 29, 1997, by Borrower to Subordinated Creditor, relating to mortgaged property located in Philadelphia, in the County of Philadelphia, in the State of Pennsylvania.
PITT AA LLC holds an Open-End Mortgage Note dated December 16, 2008, in the original principal amount of $2,625,000.00, and an Open-End Revolving Line of Credit Second Mortgage Note dated December 16, 2008, in the original principal amount of$200,000.00, and later increased to $400,000 (collectively, and together with any amendments thereto, the “PITT AA LLC Pre-petition Loans”).
This Mortgage is an “Open-End Mortgage” within the meaning of Connecticut General Statutes §49-2(c), and the holder hereof shall have all of the rights, powers and protections to which the holder of any such Open-End Mortgage is entitled under Connecticut law.
The Loan is secured, in part, by a certain Open-End Mortgage, Security Agreement, Assignment of Leases and Rents and Fixture Filing (the "Mortgage") covering the real property and other assets (the "Property") described therein, and by certain other documents executed and delivered in connection herewith (the "Loan Documents").
Open-End Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing, made as of July 29, 1997, by Xxxxxxxx to Subordinated Creditor, relating to mortgaged property located in Forest Park, in the County of Xxxxxxxx, in the State of Ohio.
Without limiting the generality of any other provisions hereof, this Instrument shall be entitled to the lien priority and all of the benefits of an "Open-End Mortgage" under the Open-End Mortgage Statute.
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The Parties entered into a Master Amendment No. 1 to Amended and Restated Participation Agreement and Amended and Restated Master Lease and Open-End Mortgage, dated as of September 30, 1999 (the "First Amendment"), which amended the Original Participation Agreement.
This Mortgage is an Open-End Mortgage as defined in § 8143(f) of Title 42 of the Pennsylvania Consolidated Statutes, and as such is entitled to the benefits of the Open-End Mortgage Act (the “Act”) as codified at 42 Pa. C.S.A. § 8143 et seq.
This is an “Open-End Mortgage” and the holder hereof shall have all of the rights, powers and protection to which the holder of any Open-End Mortgage is entitled under Connecticut law.