Common use of Mortgage Subordination Clause in Contracts

Mortgage Subordination. Any mortgage, deed of trust, or deed to secure debt affecting any part of the Property or the Retained Property shall at all times be subject and subordinate to the terms of this Agreement, and any party foreclosing any such mortgage, deed of trust or deed to secure debt, or acquiring title by deed in lieu of foreclosure or trustee’s sale shall acquire title subject to all of the terms and provisions of this Agreement.

Mortgage Subordination. Any mortgage, mortgage or deed of trust, trust affecting or deed encumbering any portion of any land subject to secure debt affecting any part of the Property or the Retained Property this Agreement shall at all times be subject and subordinate to the terms of this Agreement, and any party Party foreclosing any such mortgage, mortgage or deed of trust or deed to secure debt, or acquiring title by deed in lieu of foreclosure or trustee’s 's sale shall acquire title subject to all of the terms and provisions of this Agreement.

Mortgage Subordination. Any mortgage, mortgage or deed of trust, or deed to secure debt trust affecting any part portion of the Property or the Retained Property shall will at all times be subject and subordinate to the terms of this Agreement, Declaration and any party foreclosing any such mortgage, mortgage or deed of trust or deed to secure debttrust, or acquiring title by deed in lieu of foreclosure or trustee’s sale shall sale, will acquire title subject to all of the terms and provisions of this AgreementDeclaration.