Common use of Replacement Note Clause in Contracts

Replacement Note. In the event of the loss, theft or destruction of this Note, upon Maker’s receipt of an indemnification agreement executed in favor of Maker by Xxxxx or in the event of the mutilation of this Note, upon the surrender of the mutilated Note by Xxxxx to Maker, Maker shall execute and deliver to Payee a new note in form and content identical to this Note in lieu of the lost, stolen, destroyed or mutilated Note.

Replacement Note. In the event of the loss, theft or destruction of this Note, upon Maker’s 's receipt of an a reasonably satisfactory indemnification agreement executed in favor of Maker by Xxxxx or in the event of the mutilation of this Note, upon the surrender of the mutilated Note by Xxxxx to Maker, Maker shall execute and deliver to Payee a new mortgage note in form and content identical to this Note in lieu of the lost, stolen, destroyed or mutilated Note.

Replacement Note. In the event of the loss, theft or destruction of this Note, upon Maker’s receipt of an a reasonably satisfactory indemnification agreement executed in favor of Maker by Xxxxx Payee or in the event of the mutilation of this Note, upon the surrender of the mutilated Note by Xxxxx Payee to Maker, Maker shall execute and deliver to Payee a new mortgage note in form and content identical to this Note in lieu of the lost, stolen, destroyed or mutilated Note.

Replacement Note. In the event of the loss, theft or destruction of this Note, upon Maker’s receipt of an a reasonably satisfactory indemnification agreement executed in favor of Maker by Xxxxx or in the event of the mutilation of this Note, upon the surrender of the mutilated Note by Xxxxx Payee to Maker, Maker shall execute and deliver to Payee a new Mortgage note in form and content identical to this Note in lieu of the lost, stolen, destroyed or mutilated Note.

Replacement Note. In the event of the loss, theft or destruction of this Note, upon Maker’s 's receipt of an a reasonably satisfactory indemnification agreement executed in favor of Maker by Xxxxx Payee or in the event of the mutilation of this Note, upon the surrender of surrenxxx xf the mutilated Note by Xxxxx Payee to Maker, Maker shall execute and deliver to Payee a new deed ox xxxst note in form and content identical to this Note in lieu of the lost, stolen, destroyed or mutilated Note.

Replacement Note. In the event of the loss, theft or destruction of this Note, upon Maker’s receipt of an a reasonably satisfactory indemnification agreement executed in favor of Maker by Xxxxx or in the event of the mutilation of this Note, upon the surrender of the mutilated Note by Xxxxx Payee to Maker, Maker shall execute and deliver to Payee a new note Mortgage Note in form and content identical to this Note in lieu of the lost, stolen, destroyed or mutilated Note.

Replacement Note. In the event of the loss, theft or destruction of this Note, upon Maker’s 's receipt of an a reasonably satisfactory indemnification agreement executed in favor of Maker by Xxxxx or in the event of the mutilation of this Note, upon the surrender of the mutilated Note by Xxxxx Payee to Maker, Maker shall execute and deliver to Payee a new Mortgage note in form and content identical to this Note in lieu of the lost, stolen, destroyed or mutilated Note.