Common use of Reserve Deposits Clause in Contracts

Reserve Deposits. (a) Concurrently with the execution of this Security Instrument, Borrower shall deposit with Lender the Deferred Maintenance Deposit. The Deferred Maintenance Deposit shall be applied as provided in Section 4.1 of this Exhibit B.

Appears in 4 contracts

Samples: Mortgage and Security Agreement (Sun Communities Inc), Extension and Spreader Agreement and Security Agreement (Sun Communities Inc), Mortgage and Security Agreement (Sun Communities Inc)

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Reserve Deposits. (a) Concurrently with the execution of this Security Instrument, Borrower shall deposit with Lender the Deferred Maintenance Deposit. The Deferred Maintenance Deposit shall be applied as provided in Section 4.1 4 of this Exhibit β€œB.”

Appears in 1 contract

Samples: Mortgage And (Secured Investment Resources Fund Lp Ii)

Reserve Deposits. (a) Concurrently with the execution of this Security Instrument, Borrower shall deposit with Lender the Deferred Maintenance Deposit. The Deferred Maintenance Deposit shall be applied as provided in Section 4.1 of this Exhibit B.hereof.

Appears in 1 contract

Samples: Mortgage and Security Agreement and Fixture Financing Statement (Venturian Corp)

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Reserve Deposits. (a) Concurrently with the execution of this Security Instrument, Borrower shall deposit with Lender the Deferred Maintenance Deposit. The Deferred Maintenance Deposit shall be applied as provided in Section 4.1 of this Exhibit B.hereof. No interest shall be paid on the Deferred Maintenance Deposit.

Appears in 1 contract

Samples: Assumption and Release Agreement (Blue Ridge Real Estate Co)

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