Collection of Rents. Unless permitted by the Mortgagee, the Assignor will not collect or accept any Rents for the use or occupancy of the Mortgaged Property for more than one (1) month in advance. Security deposits shall not be deemed Rents for purposes of this paragraph.
Appears in 2 contracts
Samples: Subordinate Combination Mortgage, Security Agreement, Subordinate Combination Mortgage, Security Agreement
Collection of Rents. Unless permitted by the Mortgagee, the The Assignor will not collect or accept any Rents for the use or occupancy of the Mortgaged Property for more than one (1) month in advance. Security deposits which do not exceed two months rent shall not be deemed Rents for purposes of this paragraph.
Appears in 1 contract
Samples: Craftmade International Inc
Collection of Rents. Unless permitted by the Mortgagee, the The Assignor will not collect or accept any Rents for the use or occupancy of the Mortgaged Property for more than one (1) month in advance. Security deposits shall not be deemed Rents for purposes of this paragraph.
Appears in 1 contract
Samples: Loan Agreement
Collection of Rents. Unless permitted by the MortgageeAssignee, the Assignor will not collect or accept any Rents for the use or occupancy of the Mortgaged Property for more than one (1) month in advance. Security deposits shall not be deemed Rents for purposes of this paragraph.
Appears in 1 contract
Samples: Mortgage, Security Agreement
