Mortgage and Security Agreement Sample Clauses

Mortgage and Security Agreement. A first Mortgage and Security Agreement on property located at 000 Xxx Xxxxx Xxxxxx, Xxxxxxxx Xxxx, Xxxxxxxx 00000.
AutoNDA by SimpleDocs
Mortgage and Security Agreement. The Mortgage is hereby amended to also secure payment of the additional advances made in the amount of Thirty Thousand Dollars ($30,000.00). Accordingly, the Mortgage secures the original principal amount of $225,914.00 plus the additional increase of $30,000 for the entire Note amount of $255,914.00.
Mortgage and Security Agreement. A first priority mortgage and security agreement (“Mortgage”) granted to the Lender, on Borrower’s right, title, and interest in and to (i) the Property, (ii) all land, improvements, furniture, fixtures, goods, equipment, and other assets (including, without limitation, accounts, contracts, contract rights, Licenses and Permits, general intangibles, documents and instruments), including all after-acquired property, owned, or in which Borrower has or obtains any interest, in connection with the Property; (iii) all insurance proceeds and other proceeds therefrom, and (iv) all other assets of Borrower whether now owned or hereafter acquired and used in connection with the Property.
Mortgage and Security Agreement. The Mortgage Note, together with all of the Borrower's other obligations under this Note, shall be secured by a Mortgage and Security Agreement executed simultaneously herewith.
Mortgage and Security Agreement. A Mortgage and Security Agreement duly executed by the Seller and delivered to the Buyer; together with an undertaking by the Seller to (i) file within the time proscribed by law for perfecting the Buyer's security interest in the Collateral, and deliver to the Buyer acknowledgment copies of the Financing Statements (UCC-1) duly filed under the Uniform Commercial Code of all jurisdictions necessary or, in the opinion of the Buyer, desirable to perfect the security interest created by the Security Agreement, and (ii) certified copies of Request for Copies or Information (Form UCC-11) identifying all of the financing statements on file with respect to the Seller in all jurisdictions referred to under (i), including the Financing Statement filed by the Buyer against the Seller's, indicating that no party claims an interest in any of the Collateral except as set forth on Schedule II;
Mortgage and Security Agreement. A first priority mortgage and security agreement ("Mortgage") granted to the Administrative Agent, on behalf of the Lenders on (i) the Property, (ii) all land, improvements, furniture, fixtures, goods, equipment, and other assets (including, without limitation, accounts, contracts, contract rights, Licenses and Permits, general intangibles, documents and instruments), including all after-acquired property, owned, or in which Borrower has or obtains any interest, in connection with the Property; (iii) all insurance proceeds and other proceeds therefrom, and (iv) all other assets of Borrower whether now owned or hereafter acquired and whether or not related to the Property.
Mortgage and Security Agreement. The Mortgage and Security Agreement shall have been duly executed and delivered by Borrower to Lender in due form for recordation with the FAA (in such number of copies as Lender shall have reasonably requested) as well as the documents required therein. In addition, Borrower shall have taken such other action as Lender shall have requested in writing in order to perfect the security interests created pursuant to the Mortgage and Security Agreement.
AutoNDA by SimpleDocs
Mortgage and Security Agreement. THIS MORTGAGE AND SECURITY AGREEMENT (hereinafter referred to as the “Mortgage”) is made, executed and delivered as of the day and year first written above by XXXXXXX & 95 CORP., a Florida corporation, Lot 90, L.L.C., a Florida limited liability company, and Lot 91, L.L.C., a Florida limited liability company (hereinafter collectively referred to as “Borrower”), whose address is c/o Xxxxxxx Development, 0000 Xxxxxx Xxxx Xxxxx, Xxxxx 000, Xxxxx, Xxxxxxx 00000, to and in favor of NATIONWIDE LIFE INSURANCE COMPANY, an Ohio corporation, its successors and assigns hereof (hereinafter referred to as “Lender”), having its principal office at Xxx Xxxxxxxxxx Xxxxx, Xxxxxxxx, Xxxx 00000-0000, Attention: Real Estate Investment Department, 34T, or at such other place either within or without the State of Ohio, as Lender may from time to time designate;
Mortgage and Security Agreement. A Mortgage Modification Agreement modifying the Mortgage which, upon recordation, shall constitute a first lien on the Property and which shall be in a form satisfactory to Lender and shall be subject only to those exceptions and matters satisfactory to Lender.
Mortgage and Security Agreement. As additional security for ------------------------------- the Buyer's obligations under the Promissory Note, the Buyer shall cause the Company to execute and deliver to the Sellers a Mortgage arid Security Agreement in the form of Exhibit B (the "Mortgage and Security Agreement"). ---------
Time is Money Join Law Insider Premium to draft better contracts faster.