MORTGAGE COVENANTS definition

MORTGAGE COVENANTS. STATUTORY CONDITION" and "STATUTORY POWER OF SALE", in each case, are defined in Massachusetts General Law, c. 183, sections 19, 20, and 21, respectively, which definitions are incorporated herein and by reference.
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MORTGAGE COVENANTS has the meaning set forth in General Statutes of Connecticut, Section 47-36i.
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MORTGAGE COVENANTS as employed in this document, is defined in Ohio Revised Code S5302.13 and has the meaning and effect set forth there.
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Examples of MORTGAGE COVENANTS in a sentence

  • The Grantor hereby confirms the grant to the Grantee of the Existing Mortgage with MORTGAGE COVENANTS and upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE.

  • Section 17.2. This Mortgage is granted with MORTGAGE COVENANTS and is also upon the STATUTORY CONDITION, for any breach of which, or for any breach of any other of the covenants, conditions, agreements and obligations of the Mortgagor herein contained, or upon the occurrence of any of the events specified as an Event of Default in this Mortgage or if the whole of the principal sum of and the interest on any of the Note shall become due, the Mortgagee shall have the STATUTORY POWER OF SALE.

  • This Mortgage is made UPON THE STATUTORY CONDITION, WITH MORTGAGE COVENANTS, as such terms are defined in C.G.S.A. Sections 47-36j and 47-36i, respectively.

  • For valuable consideration paid, the receipt and sufficiency of which is hereby acknowledged, the Borrower hereby grants to the Lender, with MORTGAGE COVENANTS, the “Property” described below, to secure the prompt payment and performance of the Obligations.

  • Administrative Agent (hereinafter, the “Agent”), with MORTGAGE COVENANTS, the Mortgaged Property (as defined below) to secure the Obligations (as defined below).

  • Said STATUTORY CONDITION and STATUTORY POWER OF SALE, as well as the MORTGAGE COVENANTS contained in the granting clause of this Mortgage, are those contained in the General Laws of the State of Rhode Island.

  • As security for the Secured Obligations, Mortgagor hereby grants, bargains, sells, conveys, mortgages, and warrants with MORTGAGE COVENANTS unto Mortgagee the entire right, title, interest, and estate of Mortgagor in and to the Property, whether now owned or hereafter acquired; TO HAVE AND TO HOLD the same, together with all and singular the rights, hereditaments, and appurtenances in anywise appertaining or belonging thereto, unto Mortgagee and Mortgagee's successors, substitutes and assigns forever.

  • The Mortgage is granted with MORTGAGE COVENANTS, ------------------ and is upon the STATUTORY CONDITION.

  • For this purpose Mortgagor(s) does/do hereby MORTGAGE, DEED, GRANT, and CONVEY to the Lender WITH MORTGAGE COVENANTS AND WITH THE STATUTORY POWER OF SALE the Property.

  • The STATUTORY CONDITION and the STATUTORY POWER OF SALE referred to in the preceding paragraph, as well as the MORTGAGE COVENANTS in the granting clause of this Instrument, are those contained in the General Laws of the State of Rhode Island.