Common use of Change in Taxes Clause in Contracts

Change in Taxes. In the event of the passage of any law or regulation, state, federal or municipal, subsequent to the date of this Mortgage in any manner changing or modifying the laws now in force governing the taxation of mortgages or debts secured by mortgages, or the manner of collecting such taxes, the Debt shall become due and payable immediately at the option of the Mortgagee.

Change in Taxes. In the event of the passage of any law or regulation, state, federal or municipal, subsequent to the date of this Mortgage in any manner changing Mortgage, which changes or modifying modifies the laws now in force governing the taxation of mortgages or debts secured by mortgages, or the manner of collecting such those taxes, the Debt Liabilities shall become due and payable immediately at the option of the Mortgagee.

Change in Taxes. In the event of the passage of any law or regulation, state, federal or municipal, subsequent to the date of this Mortgage in any manner changing Mortgage, which changes or modifying modifies the laws now in force governing the taxation of mortgages or debts secured by mortgages, or the manner of collecting such those taxes, the Debt Liabilities shall become due and payable immediately at the option of the Mortgagee. 4.