Permitted Mortgage. 7 Person . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Permitted Mortgage. 7 Person.................................................... 7 principal................................................. 8
Permitted Mortgage. Homeowner may mortgage the Leased Premises only with the written consent of CHT. Not less than thirty (30) days prior to the date on which Homeowner (or a prospective homeowner who has contracted to purchase the Improvements) requests CHT’s consent to a mortgage to be effective, Homeowner (or prospective homeowner) shall furnish to CHT copies of every document to be executed in connection with the transaction represented by such mortgage. CHT may choose to consent to any mortgage, and in so doing shall designate such mortgage as a “Permitted Mortgage.” However, CHT shall be required to consent to a mortgage only if (a) at the time such copies of documents are submitted and at the time proposed by Homeowner (or prospective Homeowner) for the execution of such documents, no default is then outstanding; and (b) The mortgage so submitted is a Standard Permitted Mortgage as defined in the attached Exhibit PERMITTED MORTGAGES. Homeowner shall pay to CHT at CHT’s option, as additional Ground Lease Fee, all fees, costs and expenses, including, without limitation, reasonable attorneys’ fees, incurred by CHT in connection with any Permitted Mortgage.
Permitted Mortgage. Attached hereto and incorporated by reference herein is Exhibit E: Permitted Mortgage. This Exhibit sets forth the rights and obligations of the Lessee, Lessor, CLT, and the Permitted Lender with regard to the Permitted Mortgage.
Permitted Mortgage. Homeowner may mortgage the Leased Premises only with the written consent of VCLT. Not less than thirty (30) days prior to the date on which Homeowner (or a prospective Homeowner who has contracted to purchase the Improvements) requests VCLT’s consent to a mortgage, Homeowner (or prospective Homeowner) shall furnish to VCLT copies of every document to be executed in connection with the transaction represented by such mortgage. VCLT may choose to consent to any mortgage, and in so doing shall designate such mortgage as a “Permitted Mortgage.” Homeowner shall pay to VCLT at VCLT’s option, as additional Ground Lease Fee, all fees, costs and expenses, including, without limitation, reasonable attorneys’ fees, incurred by VCLT in connection with any Permitted Mortgage.
Permitted Mortgage. A “Permitted Mortgage” shall be a mortgage, deed of trust or Declaration of Restrictive Covenants (hereinafter “Mortgage”) which meets the following requirements:
Permitted Mortgage. Lessee may mortgage the Leased Premises or grant a security interest in the Improvements, either for the purchase or refinance of Improvements located thereon, only with the prior written consent of Lessor and only pursuant to a mortgage or other security instrument satisfying all of the requirements for a “Permitted Mortgage,” as hereinafter defined in the attached Exhibit F, Permitted Mortgages. Not less than thirty (30) days (or such shorter period as may be approved by the Lessor) prior to the date on which Lessee (or a prospective Lessee who has contracted to purchase the Improvements) requests Lessor’s consent to a mortgage or other security instrument to be effective, Lessee (or prospective Lessee) shall furnish to Lessor copies of every document to be executed in connection with the transaction represented by such mortgage and/or security instrument. Lessor may choose to consent to any mortgage and/or security interest, and in so doing shall designate such mortgage and/or security interest as a “Permitted Mortgage.” However, Lessor shall be required to consent to a mortgage and/or security interest only if (a) at the time such copies of documents are submitted and at the time proposed by Lessee (or prospective Lessee) for the execution of such documents, no default under this Lease is then outstanding; and (b) the mortgage and/or security interest so submitted is a Permitted Mortgage as defined in the attached Exhibit F, Permitted Mortgages. Lessee shall pay to Lessor at Lessor’s option, as additional Ground Lease Fee, all fees, costs, and expenses, including, without limitation, reasonable attorneys’ fees, incurred by Lessor in connection with any Permitted Mortgage.
Permitted Mortgage. Homeowner may mortgage the Leased Premises or grant a security interest in the Improvements, either for the purchase or refinance of Improvements located thereon, only with the prior written consent of IHT and only pursuant to a mortgage or other security instrument satisfying all of the requirements for a Permitted Mortgage. By signing this Lease, IHT gives written permission for any mortgage signed by the Homeowner effective on the day this Lease is signed for the purpose of financing Homeowner’s purchase of the Improvements.
Permitted Mortgage. Homeowner may mortgage the Leased Premises only with the written consent of ACHT. Not less than thirty (30) days prior to the date on which Homeowner (or a prospective Homeowner who has contracted to purchase the Improvements) requests ACHT’s consent to a mortgage to be effective, Homeowner (or prospective Homeowner) shall furnish to ACHT copies of every document to be executed in connection with the transaction represented by such mortgage. ACHT may choose to consent to any mortgage, and in so doing shall designate such mortgage as a “Permitted Mortgage.” However, ACHT shall be required to consent to a mortgage only if (a) at the time such copies of documents are submitted and at the time proposed by Homeowner (or prospective Homeowner) for the execution of such documents, no default is then outstanding; and (b) The mortgage so submitted is a Standard Permitted Mortgage as defined in the attached Exhibit PERMITTED MORTGAGES. Homeowner shall pay to ACHT at ACHT’s option, all fees, costs and expenses, including, without limitation, reasonable attorneys’ fees, incurred by ACHT in connection with any Permitted Mortgage.
Permitted Mortgage. 5 Person................................... 6
