Common use of Existing Mortgage Clause in Contracts

Existing Mortgage. (a) The Property shall be conveyed subject to Purchaser's assumption and promise to pay in accordance with its terms the loan (the "Loan") evidenced by that certain Promissory Note (the "Note"), dated 10/17/89 in the original principal sum of FIVE MILLION FIVE HUNDRED FIFTY THOUSAND ($5,550,000) DOLLARS payable to the order of MTRUST CORP., NATIONAL ASSOCIATION (the "Lender") the documents or instruments governing, securing, evidencing or pertaining to the indebtedness evidenced by the Note (collectively, the "Loan Documents"), including, but not limited to, that certain Indenture of Mortgage, Deed of Trust, Deed to Secure Debt, Security Agreement, Fixture Filing, Financing Statement and Assignment of Rents and leases of even date with the Note (the "Deed of Trust") recorded in the Real Property Records of Tarrant County, Texas.

Existing Mortgage. (a) The Property shall be conveyed subject to Purchaser's assumption and promise to pay in accordance with its terms the loan (the "Loan") evidenced by that certain Promissory Note (the "Note"), dated 10/17/89 February 17, 1993 in the original principal sum of FIVE FOUR MILLION FIVE ONE HUNDRED FIFTY THOUSAND ($5,550,0004,100,000) DOLLARS payable to the order of MTRUST CORP., NATIONAL ASSOCIATION HANOVER CAPITAL MORTGAGE CORPORATION (the "Lender") ), and assumption and promise to perform all covenants and obligations of Seller under the documents or instruments governing, securing, evidencing or pertaining to the indebtedness evidenced by the Note (collectively, the "Loan Documents"), including, but not limited to, that certain Indenture of Mortgage, Deed of Trust, Deed to Secure Debt, Security Agreement, Fixture Filing, Financing Statement and Assignment of Rents and leases of even date with the Note (the "Deed of Trust") recorded in the Real Property Records of Tarrant Albemarle County, TexasVirginia.

Existing Mortgage. (a) The Property shall be conveyed subject to Purchaser's assumption and promise to pay in accordance with its terms the loan (the "Loan") evidenced by that certain Promissory Note (the "Note"), dated 10/17/89 in the original principal sum of FIVE NINE MILLION FIVE SIX HUNDRED FIFTY THOUSAND ($5,550,0009,650,000) DOLLARS payable to the order of MTRUST CORP., NATIONAL ASSOCIATION ASSOCIATION, (the "Lender") ), and assumption and promise to perform all covenants and obligations of Seller under the documents or instruments governing, securing, evidencing or pertaining to the indebtedness evidenced by the Note (collectively, the "Loan Documents"), including, but not limited to, that certain Indenture of Mortgage, Deed of Trust, Deed to Secure Debt, Security Agreement, Fixture Filing, Financing Statement and Assignment of Rents and leases of even date with the Note (the "Deed of Trust") recorded in the Real Property Records of Tarrant County, Texas.

Existing Mortgage. (a) The Property shall be conveyed subject to Purchaser's assumption and promise to pay in accordance with its terms the loan (the "Loan") evidenced by that certain Promissory Note (the "Note"), dated 10/17/89 12/21/89 in the original principal sum of SIX MILLION TWO HUNDRED SEVENTY FIVE MILLION FIVE HUNDRED FIFTY THOUSAND ($5,550,0006,275,000) DOLLARS payable to the order of MTRUST CORP., NATIONAL ASSOCIATION ASSOCIATION, (the "Lender") ), and assumption and promise to perform all covenants and obligations of Seller under the documents or instruments governing, securing, evidencing or pertaining to the indebtedness evidenced by the Note (collectively, the "Loan Documents"), including, but not limited to, that certain Indenture of Mortgage, Deed of Trust, Deed to Secure Debt, Security Agreement, Fixture Filing, Financing Statement and Assignment of Rents and leases of even date with the Note (the "Deed of Trust") recorded in the Real Property Records of Tarrant Xxxxxx County, Texas.

Existing Mortgage. (a) The Property shall be conveyed subject Subject to Purchaser's assumption and promise to pay in accordance with its terms the loan (the "Loan") evidenced by that certain Promissory Note (the "Note"), dated 10/17/89 6/21/96 in the original principal sum of FIVE SEVEN MILLION FIVE EIGHT HUNDRED FIFTY THIRTY SIX THOUSAND ($5,550,0007,836,000) DOLLARS payable to the order of MTRUST CORPTHE PATRICIAN FINANCIAL CO., NATIONAL ASSOCIATION A Maryland corporation (the "Lender") ), and assumption and promise to perform all covenants and obligations of Seller under the documents or instruments governing, securing, evidencing or pertaining to the indebtedness evidenced by the Note (collectively, the "Loan Documents"), including, but not limited to, that certain Indenture of Mortgage, Deed of Trust, Deed to Secure secure Debt, Security Agreement, Fixture Filing, Financing Statement and Assignment of Rents and leases of even date with the Note (the "Deed of Trust") recorded in the Real Property Records of Tarrant Xxxxxx County, Texas.

Existing Mortgage. (a) The Property shall be conveyed subject to Purchaser's assumption and promise to pay in accordance with its terms the loan (the "Loan") evidenced by that certain Promissory Note (the "Note"), dated 10/17/89 6/28/96 in the the-original principal sum of FIVE THREE MILLION FIVE SEVEN HUNDRED FIFTY THOUSAND ($5,550,0003,700,000) DOLLARS payable to the order of MTRUST CORP.NEWPORT MORTGAGE COMPANY, NATIONAL ASSOCIATION L.P., A TEXAS LIMITED PARTNERSHIP, (the "Lender") ), and assumption and promise to perform all covenants and obligations of Seller under the documents or instruments governing, securing, evidencing or pertaining to the indebtedness evidenced by the Note (collectively, the "Loan Documents"), including, but not limited to, that certain Indenture indenture of Mortgage, Deed of Trust, Deed to Secure Debt, Security Agreement, Fixture Filing, Financing Statement and Assignment of Rents and leases of even date with the Note (the "Deed of Trust") recorded in the Real Property Records of Tarrant Dallas County, Texas.