Property Use. The Property shall be used only for multifamily apartments, and for no other use without the prior written consent of Lender, which consent may be withheld in Lender's discretion.
Appears in 6 contracts
Sources: Mortgage and Security Agreement (Pennsylvania Real Estate Investment Trust), Mortgage and Security Agreement (Pennsylvania Real Estate Investment Trust), Mortgage and Security Agreement (Pennsylvania Real Estate Investment Trust)
Property Use. The Property shall be used only for a multifamily apartmentsapartment complex and incidental uses thereto, and for no other use without the prior written consent of Lender, which consent may be withheld in Lender's sole and absolute discretion.
Appears in 2 contracts
Sources: Open End Mortgage and Security Agreement (Associated Estates Realty Corp), Open End Mortgage and Security Agreement (Associated Estates Realty Corp)
Property Use. The Property shall be used only for multifamily apartmentsresidential multi-family use, and for no other use without the prior written consent of Lender, which consent may be withheld in Lender's ’s sole and absolute discretion.
Appears in 1 contract
Sources: Mortgage and Security Agreement (Paladin Realty Income Properties Inc)
Property Use. The Property shall be used only for multifamily apartmentsan apartment complex, and for no other use without the prior written consent of Lender, which consent may be withheld in Lender's ’s sole and absolute discretion.
Appears in 1 contract
Sources: Mortgage and Security Agreement (Secured Investment Resources Fund Lp Ii)