Subordinate Financing. No Mortgagor is permitted to incur indebtedness subordinate to the related Mortgage Loan and secured by the related Mortgaged Property.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Capitol Bancorp LTD), Asset Purchase and Sale Agreement (United Community Banks Inc)
Subordinate Financing. No Mortgagor Borrower is permitted to incur indebtedness subordinate to the related Mortgage Loan and secured by the related Mortgaged Property.
Appears in 1 contract
Sources: Asset Purchase and Sale Agreement (United Community Banks Inc)