Common use of Assignment of Leases Clause in Contracts

Assignment of Leases. Upon ▇▇▇▇▇▇’s request after default, Borrower shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, ▇▇▇▇▇▇ shall have the right to modify, extend or terminate the existing leases and to execute new leases, in ▇▇▇▇▇▇’s sole discretion. As used in this paragraph , the word “lease” shall mean “sublease” if the Security Instrument is on a leasehold.

Appears in 46 contracts

Sources: Mortgage, Mortgage, Mortgage

Assignment of Leases. Upon ▇▇▇▇▇▇’s request after default, Borrower shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, ▇▇▇▇▇▇ shall have the right to modify, extend or terminate the existing leases and to execute new leases, in ▇▇▇▇▇▇’s sole discretion. As used in this paragraph G, the word “lease” shall mean “sublease” if the Security Instrument is on a leasehold.

Appears in 3 contracts

Sources: Assignment of Lease, 1 4 Family Rider, 1 4 Family Rider

Assignment of Leases. Upon ▇▇▇▇▇▇Lender’s request after default, Borrower shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, ▇▇▇▇▇▇ Lender shall have the right to modify, extend or terminate the existing leases and to execute new leases, in ▇▇▇▇▇▇Lender’s sole discretion. As used in this paragraph , the word “lease” shall mean “sublease” if the Security Instrument is on a leasehold.

Appears in 3 contracts

Sources: Mortgage, Open End Mortgage, Mortgage

Assignment of Leases. Upon ▇▇▇▇▇▇’s request after default, Borrower I shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, ▇▇▇▇▇▇ shall have the right to modify, extend or terminate the existing leases and to execute new leases, in ▇▇▇▇▇▇’s sole discretion. As used in this paragraph , the word “lease” shall mean “sublease” if the Security Instrument is on a leasehold.

Appears in 2 contracts

Sources: Open End Mortgage, Open End Mortgage

Assignment of Leases. Upon ▇▇▇▇▇▇’s 's request after default, Borrower shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, ▇▇▇▇▇▇ shall have the right to modify, extend or terminate the existing leases and to execute new leases, in ▇▇▇▇▇▇’s 's sole discretion. As used in this paragraph paragraph, the word "lease" shall mean "sublease" if the Security Instrument is on a leasehold.

Appears in 1 contract

Sources: Loan Agreement (S&W Seed Co)

Assignment of Leases. Upon ▇▇▇▇▇▇’s request after default, Borrower shall assign absolutely and unconditionally assigns and transfers to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignmentAfter a default, ▇▇▇▇▇▇ Lender shall have the right to modify, extend or terminate the existing leases and to execute new leases, in ▇▇▇▇▇▇’s sole discretion. As used in this paragraph Section 23, the word “lease” shall mean “sublease” if the Security Instrument is on a leasehold.

Appears in 1 contract

Sources: Mortgage, Security Agreement and Fixture Filing

Assignment of Leases. Upon ▇▇▇▇▇▇’s request after default, Borrower shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, ▇▇▇▇▇▇ shall have the right to modify, extend or terminate the existing leases and to execute new leases, in ▇▇▇▇▇▇’s sole discretion. As used in this paragraph , the word “lease” shall mean “sublease” if the Security Instrument is on a leasehold.a

Appears in 1 contract

Sources: Open End Deed of Trust

Assignment of Leases. Upon ▇▇▇▇▇▇’s 's request after default, Borrower shall assign to Lender all leases of the Property and all security deposits made in connection with leases of the Property. Upon the assignment, ▇▇▇▇▇▇ shall have the right to modify, extend or terminate the existing leases and to execute new leases, in ▇▇▇▇▇▇’s 's sole discretion. As used in this paragraph , the word "lease" shall mean "sublease" if the Security Instrument is on a leasehold.

Appears in 1 contract

Sources: Loan Agreement (S&W Seed Co)