Examples of Spreader Agreement in a sentence
This Note is secured by, among other things, a first priority Commercial Mortgage, Security Agreement, and Mortgage Spreader Agreement (the “Mortgage”) on that certain piece or parcel of real property known as 0000 XXXXX XXXXX, XXXXXXX, XXXXXXX, 00000 and 0000 XXXXXXX XXXXXX SW, ATLANTA 30311 and 0000 XXXXXXX XXXXXX SW, ATLANTA 30311 and 0000 XXXXXXX XXXXXX SW, ATLANTA 30311 (being hereinafter collectively referred to as the “Premises”), being more specifically described in said Mortgage.
The New Mortgage and the Mortgage Assumption, Modification, Consolidation, Extension and Spreader Agreement specified in §5.
MetLife has assigned to Rabo the Libor Term Note B and the RLOC Note (the "Assigned Notes"), which are secured by, among other things, the Collateral Documents listed in Section 1.4 of the Restated Credit Agreement together with that certain Mortgage Spreader Agreement dated as of July 29, 2015, and to be recorded among the Public Records of DeSoto County, Florida (collectively, the “Collateral Documents").
Assignee hereby gives, grants, bargains, sells, warrants, aliens, remises, releases, conveys, assigns, transfers, mortgages, hypothecates, deposits, pledges, sets over and confirms unto the Lender all of Assignee’s estate, right, title and interest in, to and under all of the property described on Exhibit “A" attached to this Assumption and Modification and Spreader Agreement.
XXXXXXX ------------------------------------ Notary Public [SEAL] Schedule A Original Mortgaged Property This Schedule A to the foregoing Mortgage Spreader Agreement is not filed with such document.
To the extent (but only to the extent) not included in the property described in the description attached to this Assumption and Modification and Spreader Agreement as Exhibit “A”, any real property or interests in real property described in the Mortgage, Assignment and other Loan Documents is hereby released and discharged from the Mortgage, Assignment, and other Loan Documents.
The Second Forbearance Agreement also provided that, in the event of a default, Parkwest and Penthouse South shall be deemed to have waived and released any redemption rights under the loan documents, the Spreader Agreement, and/or Florida law.
The Obligors shall use all commercially reasonable efforts to deliver or cause to be delivered each original recorded Spreader Agreement or Mortgage, as applicable, to the Agent promptly after receipt from the record office.
The Mortgage Assumption, Modification, Consolidation, Extension and Spreader Agreement is sometimes referred to herein as the “Consolidated Mortgage”.
Schedule B Additional Property This Schedule B to the foregoing Mortgage Spreader Agreement is not filed with such document.