Common use of Statement of Indebtedness Clause in Contracts

Statement of Indebtedness. Trustor will within thirty days after being so requested by Beneficiary, no more than two times per year, shall furnish a duly acknowledged written statement setting forth the amount of the debt secured by this Deed of Trust, the date to which interest has been paid and stating either that no offsets or defenses exist against such debt or, if such offsets or defenses are alleged to exist, the nature thereof.

Appears in 4 contracts

Samples: Leasehold and Fee (Grubb & Ellis Healthcare REIT, Inc.), NNN Healthcare/Office REIT, Inc., NNN Healthcare/Office REIT, Inc.

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Statement of Indebtedness. Trustor will Trustor, within thirty seven (7) days after being so requested by Beneficiary, no more than two times per year, shall furnish a duly acknowledged written statement setting forth the amount of the debt secured by this Deed of Trust, Trust and the date to which interest has been paid paid, and stating either that no offsets or defenses exist against such the Deed of Trust debt or, if such offsets or defenses are alleged to exist, the nature thereof.

Appears in 1 contract

Samples: Loan Agreement (Pelican Properties International Corp)

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