Common use of Future Advance Mortgage Clause in Contracts

Future Advance Mortgage. This Mortgage secures future advances and is a future advance mortgage under Act No. 348 of the Michigan Public Acts of 1990 (MCL 565.901 ET SEQ.).

Appears in 2 contracts

Samples: Discovery Zone Inc, Discovery Zone Inc

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Future Advance Mortgage. This Mortgage secures future advances and is a future advance mortgage under Act No. 348 of the Michigan Public Acts of 1990 (MCL 565.901 ET SEQet seq). All future advances under the Notes, this Mortgage and the other Loan Documents shall have the same priority as if the future advance was made on the date that this Mortgage was recorded.).

Appears in 1 contract

Samples: Mortgage, Security Agreement (Key Plastics Inc)

Future Advance Mortgage. This Mortgage secures future advances and is a future advance mortgage under Act No. 348 of the Michigan Public Acts of 1990 (MCL 565.901 ET SEQet seq.). All future advances under the Note, this Mortgage, and the Collateral Loan Documents shall have the same priority as if the future advance was made on the date that this Mortgage was recorded.

Appears in 1 contract

Samples: Ramco Gershenson Properties Trust

Future Advance Mortgage. This Mortgage secures future advances and is a future advance mortgage under Act No. 348 of the Michigan Public Acts of 1990 (MCL 565.901 ET SEQet seq.).

Appears in 1 contract

Samples: Security Agreement (CNL Hotels & Resorts, Inc.)

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Future Advance Mortgage. This Mortgage secures future advances and is a future advance mortgage under Act No. 348 of the Michigan Public Acts of 1990 (MCL 565.901 ET SEQet. seq.). All future advances under the Note, this Mortgage and the other Loan Documents shall have the same priority as if the future advance was made on the date that this Mortgage was recorded.

Appears in 1 contract

Samples: Mortgage (Ramco Gershenson Properties Trust)

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