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Common use of Lien Law Clause in Contracts

Lien Law. Borrower will receive advances under this Instrument subject to the trust fund provisions of Section 13 of the Lien Law.

Appears in 3 contracts

Sources: Multifamily Mortgage, Assignment of Rents and Security Agreement, Multifamily Mortgage, Assignment of Rents and Security Agreement, Mortgage and Security Agreement (Emeritus Corp\wa\)

Parent Clauses

  • Covenants
  • AFFIRMATIVE COVENANTS
  • Miscellaneous
  • General Provisions
  • WHEREAS

Sub-Clauses

  • No Liability of Mortgagee
  • Nature of Loan; Compliance with Usury Laws
  • Granting Clause
  • Remedies; Cure Rights
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