Mortgage As Security. This Mortgage secures prompt payment to Mortgagee of the sum stated in the first paragraph of this Mortgage, plus interest and charges, according to the terms of the Note and the Loan Agreement, and any extensions, renewals or modifications thereof. This Mortgage also secures the performance of all covenants, conditions and agreements contained in this Mortgage, and to the extent not prohibited by law costs and expenses of collection or enforcement. Unless otherwise required by law, Mortgagee will satisfy this Mortgage upon request by Mortgagor if the Secured Obligations have been indefeasibly paid and satisfied in full, in immediately available funds, and Mortgagor and its affiliates have otherwise satisfied all of their respective obligations under Section 10 of the Loan Agreement.
Mortgage As Security. The proceeds of the loan secured hereby are to be disbursed by Mortgagee to Mortgagor and its beneficiaries, in accordance with the provisions contained in the Loan Agreement. All advances and indebtedness arising and accruing under the Loan Agreement from time to time, whether or not the total amount thereof may exceed the face amount of the Note, shall be secured hereby to the same extent as though the Loan Agreement were fully incorporated in this Mortgage. In the event of any inconsistencies or conflicts between this Mortgage and the Loan Agreement, the terms of the Loan Agreement shall govern and control.
Mortgage As Security. This Mortgage secures prompt payment to Mortgagee and the other Participating Counties of (a) all amounts owing and other obligations of Borrower, under the Reimbursement Agreement and all documents evidencing, securing, guaranteeing or relating to the foregoing, and all modifications and amendments of any of the foregoing (collectively with this Mortgage, the "Reimbursement Documents") and all other additional obligations which are or may be in the future be owing to Mortgagee or any other Participating County by Xxxxxxxx, (b) all interest and other charges, (c) reasonable costs and expenses of collection or enforcement, and (d) the performance of all covenants, conditions and agreements contained in the Reimbursement Agreement and the other Reimbursement Documents (all of the obligations in the foregoing sections (a) through (d) are herein called the “Obligations”).
Mortgage As Security. This Mortgage secures prompt payment to Mortgagee of
Mortgage As Security. If at any point in time over the Term set forth in the Loan Documents, it is feasible for Company to grant Partner a first or second position mortgage on the Property known as _________________________________, New Jersey, Company will make a good faith effort to do so.
Mortgage As Security. This Mortgage secures prompt payment to Lender of (a) the sum stated in the first paragraph of this Mortgage, plus interest and charges, according to the terms of a promissory note(s) or agreement of Borrower to Lender identified herein, and any extensions, renewals or modifications of such promissory note(s) or agreement, and (b) any additional sums which are in the future loaned by Lender to any Mortgagor, to any Mortgagor and another or to another guaranteed or endorsed by any Mortgagor and agreed in documents evidencing the transaction to be secured by this Mortgage, plus interest and charges, (all called the "Note"). This Mortgage also secures the performance of all covenants, conditions and agreements contained in this Mortgage, and to the extent not prohibited by law costs and expenses of collection or enforcement. Unless otherwise required by law, Lender will satisfy this Mortgage upon request by Mortgagor if (a) the Note has been paid according to its terms, (b) any commitment to make future advances under the Note has terminated, (c) Lender has terminated any line of credit under which advances are to be secured by this Mortgage, and (d) all other payments required under this Mortgage and the Note and all other terms, conditions, covenants, and agreements contained in this Mortgage and the Note have been paid and performed.
Mortgage As Security. As security for the payment of this Note, the Borrower is giving a mortgage (the "Mortgage") to the Lender dated the date of this Note and is entering into certain other agreements collateral to this loan, more particularly described in the Mortgage (collectively, the "Loan Documents"). The Mortgage covers the property (the "Premises") owned by the Borrower at:
Mortgage As Security. The Property secures the Obligations. New Borrower shall from time to time execute and deliver any and all other conveyances and instruments as Lender may request in order to ensure that the Property remains subject to the lien of the Mortgage on the public record . The Mortgage shall encumber the Property until the Note is fully satisfied.
Mortgage As Security. This Mortgage secures prompt payment to Mortgagee of the sum stated in the first paragraph of this Mortgage, plus interest and charges, according to the terms of the Note and the Loan Agreement, and any extensions, renewals or modifications thereof. This Mortgage also secures the performance of all covenants, conditions and agreements contained in this Mortgage, and to the extent not prohibited by law, including, without limitation Ohio Revised Code §5301.233, costs and expenses of collection or enforcement. Pursuant to the provisions of Ohio Revised Code §5301.232, the Secured Obligations shall include all unpaid balances of loan advances or future advances made by the holder of this Mortgage at the request of Mortgagor or its successors in title after this Mortgage is delivered to the recorder for recording to the extent that such unpaid balances or future advances in the aggregate and exclusive of interest accrued thereon do not exceed the maximum amount of Ten Million Dollars ($10,000,000) at any time. Unless otherwise required by law, Mortgagee will satisfy this Mortgage upon request by Mortgagor if the Secured Obligations have been indefeasibly paid and satisfied in full, in immediately available funds, and Mortgagor and its affiliates have otherwise satisfied all of their respective obligations under Section 10 of the Loan Agreement.
