Common use of ASSIGNMENT OF LEASES; LEASES AFFECTING THE MORTGAGED PROPERTY Clause in Contracts

ASSIGNMENT OF LEASES; LEASES AFFECTING THE MORTGAGED PROPERTY. (a) As part of the consideration for the Indebtedness, Borrower absolutely and unconditionally assigns and transfers to Lender all of Borrower’s right, title and interest in, to and under the Leases, including Borrower’s right, power and authority to modify the terms of any such Lease, or extend or terminate any such Lease.

Appears in 23 contracts

Samples: Security Agreement (Strategic Student & Senior Housing Trust, Inc.), Security Agreement and Fixture Filing (Steadfast Income REIT, Inc.), And Security Agreement (Strategic Student & Senior Housing Trust, Inc.)

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ASSIGNMENT OF LEASES; LEASES AFFECTING THE MORTGAGED PROPERTY. (a) As part of the consideration for the Indebtedness, Borrower absolutely and unconditionally assigns and transfers to Lender all of Borrower’s right, title and interest in, to and under the Leases, including BorrowerXxxxxxxx’s right, power and authority to modify the terms of any such Lease, or extend or terminate any such Lease.

Appears in 17 contracts

Samples: Security Agreement and Fixture Filing (Steadfast Income REIT, Inc.), Security Agreement and Fixture Filing (Steadfast Apartment REIT, Inc.), Security Agreement and Fixture Filing (Steadfast Apartment REIT, Inc.)

ASSIGNMENT OF LEASES; LEASES AFFECTING THE MORTGAGED PROPERTY. (a) As part of the consideration for the Indebtedness, Borrower absolutely and unconditionally assigns and transfers to Lender all of Borrower’s right, title and interest in, to and under the Leases, including BorrowerBxxxxxxx’s right, power and authority to modify the terms of any such Lease, or extend or terminate any such Lease.

Appears in 2 contracts

Samples: And Security Agreement (Bluerock Residential Growth REIT, Inc.), Security Agreement and Fixture Filing (Bluerock Residential Growth REIT, Inc.)

ASSIGNMENT OF LEASES; LEASES AFFECTING THE MORTGAGED PROPERTY. (a) As part of the consideration for the Indebtedness, Borrower absolutely and unconditionally assigns and transfers to Lender all of Borrower’s 's right, title and interest in, to and under the Leases, including Borrower’s 's right, power and authority to modify the terms of any such Lease, or extend or terminate any such Lease.

Appears in 1 contract

Samples: Multifamily Mortgage (Bluerock Residential Growth REIT, Inc.)

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ASSIGNMENT OF LEASES; LEASES AFFECTING THE MORTGAGED PROPERTY. (a) As part of the consideration for the Indebtedness, Borrower absolutely and unconditionally assigns and transfers to Lender all of Borrower’s right, title and interest in, to and under the Leases, including Borrower’s right, power and authority to modify the terms of xxxxx xx any such Lease, or extend or terminate any such Lease.

Appears in 1 contract

Samples: Security Agreement and Fixture (Preferred Apartment Communities Inc)

ASSIGNMENT OF LEASES; LEASES AFFECTING THE MORTGAGED PROPERTY. (a) As part of the consideration for the Indebtedness, Borrower absolutely and unconditionally assigns and transfers to Lender all of Borrower’s right, title and interest in, to and under the Leases, including BorrowerXxxxxxxx’s right, power and authority to modify the terms of any such Lease, or extend or terminate any such Lease.. Multifamily Deed to Secure Debt, Assignment of Rents and Security Agreement (CME and Portfolio)

Appears in 1 contract

Samples: And Security Agreement (Preferred Apartment Communities Inc)

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