Common use of Mortgagees Clause in Contracts

Mortgagees. The owners agree to obtain a postponement of any mortgages or other encumbrances which may affect the Lands.

Appears in 9 contracts

Sources: Site Plan Control Agreement, Site Plan Control Agreement, Site Plan Control Agreement

Mortgagees. The owners agree to obtain and register a postponement of any mortgages or other encumbrances which may affect the Lands.

Appears in 2 contracts

Sources: Sewer Connection Agreement, Sewer Connection Agreement