Common use of Taxes and Special Assessments Clause in Contracts

Taxes and Special Assessments. Grantor agrees to pay before delinquency all taxes and special assessments of any kind that have been or may be levied or assessed against the Properties, this instrument, the Notes or the Indebtedness, or upon the interest of Grantee in the Properties, this instrument, the Notes or the Indebtedness, and to procure and deliver to Grantee a copy of the official receipt of the proper officer showing timely payment of all such taxes and assessments; provided, however, that Grantor shall not be required to pay any such taxes or special assessments if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings and funds sufficient to satisfy the contested amount have been deposited in an escrow satisfactory to Grantee or paid to the taxing authority.

Taxes and Special Assessments. Grantor agrees to pay before delinquency all ----------------------------- taxes and special assessments of any kind that have been or may be levied or assessed against the PropertiesProperty, this instrument, the Notes Note or the Indebtedness, or upon the interest of Grantee Trustee or Beneficiary in the PropertiesProperty, this instrument, the Notes Note or the Indebtedness, and to procure and deliver to Grantee a copy of Beneficiary the official receipt of the proper officer showing timely payment of all such taxes and assessments; provided, however, that Grantor shall not be required to pay any such taxes or special assessments if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings and funds sufficient to satisfy the contested amount have been deposited in an escrow satisfactory to Grantee or paid to the taxing authorityBeneficiary.

Taxes and Special Assessments. Grantor agrees to pay before delinquency all taxes and special assessments of any kind that have been or may be levied or assessed against the PropertiesProperty, this instrument, the Notes Note or the Indebtedness, or upon the interest of Grantee Trustee or Beneficiary in the PropertiesProperty, this instrument, the Notes Note or the Indebtedness, and to procure and deliver to Grantee a copy of Beneficiary the official receipt of the proper officer showing timely payment of all such taxes and assessments; provided, however, that Grantor shall not be required to pay any such taxes or special assessments if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings and funds sufficient to satisfy the contested amount have been deposited in an escrow satisfactory to Grantee or paid to the taxing authorityBeneficiary.

Taxes and Special Assessments. Grantor agrees to pay before delinquency all taxes and special assessments of any kind that have been or may be levied or assessed against the Properties, this instrument, the Notes Note or the Indebtedness, or upon the interest of Grantee Trustee or Beneficiary in the Properties, this instrument, the Notes Note or the Indebtedness, and to procure and deliver to Grantee Beneficiary a copy of the official receipt of the proper officer showing timely payment of all such taxes and assessments; provided, however, that Grantor shall not be required to pay any such taxes or special assessments if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings and funds sufficient to satisfy the contested amount have been deposited in an escrow satisfactory to Grantee Beneficiary or paid to the taxing authority.