Grant of Mortgage. For valuable consideration, Grantor mortgages, warrants, and conveys to Lender all of Grantor's right, title, and interest in and to the following described real property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights, watercourses and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in DuPage County, State of Illinois: XXX 0 XX XXXXXXXXXXXXXX XXXXXX XXXX 00, BEING A SUBDIVISION OF PART OF NORTHEAST 1/4 SECTION 18, TOWNSHIP 37 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, SITUATED IN THE VILLAGE OF WOODRIDGE, DUPAGE COUNTY, STATE OF ILLINOIS, ACCORDING TO THE PLAT THEREOF RCORDED MARCH 5, 2001 AS DOCUMENT R2001-035706 The Real Property or its address is commonly known as 0000 Xxxxx Xxxxx, Xxxxxxxxx, XX 00000. The Real Property tax identification number is 00-00-000-000 Grantor presently assigns to Lender all of Grantor's right, title, and interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Grantor grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents. THIS MORTGAGE, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS MORTGAGE. THIS MORTGAGE IS INTENDED TO AND SHALL BE VALID AND HAVE PRIORITY OVER ALL SUBSEQUENT LIENS AND ENCUMBRANCES, INCLUDING STATUTORY LIENS, EXCEPTING SOLELY TAXES AND ASSESSMENTS LEVIED ON THE REAL PROPERTY, TO THE EXTENT OF THE MAXIMUM MORTGAGE (Continued) Page 2 AMOUNT SECURED HEREBY. THIS MORTGAGE IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: GRANTOR'S WAIVERS. Grantor waives all rights or defenses arising by reason of any "one action" or "anti-deficiency" law, or any other law which may prevent Lender from bringing any action against Grantor, including a claim for deficiency to the extent Lender is otherwise entitled to a claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by exercise of a power of sale.
Grant of Mortgage. The Mortgagor, for the purpose of securing the prompt payment of indebtedness as it becomes due and also for and in consideration of the sum of Ten and No/100 Dollars ($10.00) to it in hand paid by the Mortgagee, at or before the ensealing and delivery of these presents, the receipt whereof is hereby acknowledged, has granted, bargained, sold, released, conveyed, and confirmed, and by these presents does grant, bargain, sell, alien, release, convey, and confirm unto the Mortgagee forever all that tract or parcel of land situated, lying and being in the County of Xxx, State of Florida, described as follows, to-wit: See attached Exhibit “A” Together with all and singular the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining, and any and all buildings, improvements, and fixtures now or hereafter existing on the real property, and any and all personal property used or to be used in connection with the operation of any business on the property whether or not attached to the land, and the reversion or reversions, remainder and remainders, rents, issues and profits thereof, and also in all the estate, rights, title, interest, property, possession, claim and demand whatsoever, as well as in law as in equity of the Mortgagor, of, in, and to the same, and every part and parcel thereof with the appurtenances. To have and to hold the herein granted and described premises with the appurtenances unto the Mortgagee, to its own proper use, benefit, and behoof forever; and the said Mortgagor does covenant with the Mortgagee that it is seized of an indefeasible estate in fee simple in such premises and will warrant and forever defend the title thereof unto the Mortgagee against all lawful claims whatsoever.
Grant of Mortgage. The Borrower hereby grants, mortgages and charges to and in favour of the Lender all right, title, estate and interest of the Borrower in and to the Lands as security for the payment to the Lender of the Principal Amount, together with interest thereon and all other monies owing under this Mortgage, and the performance of all covenants, agreements and obligations secured by this Mortgage upon the terms set out in this Mortgage.
Grant of Mortgage. The Lender has agreed to loan the Borrower money on the terms set out in this Mortgage. In consideration for the loan made by the Lender to the Borrower of the principal amount or that part of the principal amount that is advanced and the additional principal amounts, if any, that are advanced to the Borrower from time to time (which by signing and delivering the Mortgage the Borrower acknowledges having received from the Lender), the Borrower mortgages and charges the Borrower's entire estate and interest in the Property to the Lender, to secure repayment of the loan amount and to ensure that the Borrower performs all of the Borrower's obligations under the Mortgage and the commitment letter. When the Borrower has repaid the loan amount in full as provided in the Mortgage, the Lender is under no obligation to loan any additional principal amounts to the Borrower. If the Borrower is not in Default, the Lender will have no further interest in the Property. The Lender has the right to assign the Mortgage and the payment of amounts secured by the Mortgage. An assignment by the Lender will not cause the Mortgage to cease to operate nor entitle the Borrower to a discharge of the Mortgage.
Grant of Mortgage for valuable consideration, Grantor grants and conveys to Lender and Lender's successors and assigns, with power of sale, all of Grantor's right, title, and interest in and to the following described real property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurlenances; all water, water rights, watercourses and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights royalties, and profits relating to the real property, including without limitation all minerals, oil, gas geothermal and similar matters, located in WINDSOR County, State of Vermont (the "Real Property"): SEE ATTACHED SCHEDULE A The Real Property or its address is commonly known as XXXXXXXX XXXXXXXX XXXXXX XXXXX, XXXXXXXXXXX, XX 00000. Grantor presently assigns to Lender all of Grantor's right title, and interest in and to all leases of the Property and all Rents from the Property. In addition, Grantor grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents.
Grant of Mortgage. For valuable consideration, the receipt of which is hereby acknowledged, the Grantor hereby mortgages and conveys to City, its heirs, executors, administrators, successors, and assigns, all of Grantor’s right, title, and interest in and to the following described real property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights, water permits, and watercourses (including stock in utilities with water or irrigation permits or rights); and all other rights, royalties, and profits relating to the real property, including without limitation all minerals, oil, coal, gravel, clay, scoria, gas, geothermal and similar matters, located in the county of Xxxx, state of North Dakota, described as follows, to wit (the “Real Property”):
Grant of Mortgage. In order to secure payment of the Secured Obligations and to secure the performance and observance of and compliance with the covenants, terms and conditions contained in this Mortgage, the Credit Agreement, and the other Credit Documents, the Mortgagor has GRANTED, CONVEYED and MORTGAGED and does by these presents GRANT, CONVEY and MORTGAGE unto the Mortgagee for the benefit of the Banks and their respective successors and assigns, a First Preferred Naval Mortgage on the Vessel, securing the payment of a maximum principal amount of Three Hundred Million US Dollars (US$300,000,000.00) plus all other amounts for whatsoever reason at any one time forming part of the Secured Obligations, and the performance and observance of, and compliance with, the covenants, terms and conditions contained in this Mortgage, the Credit Agreement, and the other Credit Documents, to have and to hold the same unto the Mortgagee for the benefit of the Banks, and this Mortgage constitutes a First Preferred Naval Mortgage lien on the Vessel.
Grant of Mortgage. In order to secure payment of the Secured Obligations and to secure the performance and observance of and compliance with the covenants, terms and conditions contained in this Mortgage, the Credit Agreement, and the other Credit Documents, the Mortgagor, as sole legal owner of the whole (100%) of the vessel, has GRANTED, CONVEYED and MORTGAGED and does by these presents GRANT, CONVEY and MORTGAGE unto the Mortgagee for the benefit of the Banks and their respective successors and assigns, a Mortgage on the Vessel, securing the payment of a maximum principal amount of United States Dollars One Hundred and Fifty Million (US$150,000,000.00) plus all other amounts for whatsoever reason at any one time forming part of the Secured Obligations, and the performance and observance of, and compliance with, the covenants, terms and conditions contained in this Mortgage, the Credit Agreement, and the other Credit Documents, to have and to hold the same unto the Mortgagee for the benefit of the Banks, and this Mortgage constitutes a Mortgage lien on the Vessel.
Grant of Mortgage. Grantor does hereby MORTGAGE and WARRANT to the Lender and its successors and assigns forever the Property and grants to the Lender and its successors and assigns a continuing security interest in the Property to secure the timely repayment and performance of the Liabilities, to have and to hold the Property, with all of the tenements, hereditaments, easements, appurtenances and other rights and privileges thereunto belonging or in any manner now or hereafter appertaining thereto, for the use and benefit of the Lender upon the conditions hereinafter set forth.
Grant of Mortgage. Grantor does hereby MORTGAGE and WARRANT to the Bank and its successors and assigns forever the Property and grants to the Bank and its successors and assigns a continuing security interest in the Property to secure the timely repayment and performance of the Secured Liabilities, to have and to hold the Property, with all of the tenements, hereditaments, easements, appurtenances and other rights and privileges thereunto belonging or in any manner now or hereafter appertaining thereto, for the use and benefit of the Bank upon the conditions hereinafter set forth.
