Prior Lien. The Mortgage securing the Note, and any modifications, renewals or extensions thereof, shall unconditionally be and at all times remain a lien on the Property prior and superior to the Lease;
Appears in 2 contracts
Samples: Loan Agreement (KBS Real Estate Investment Trust III, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.)
Prior Lien. The Mortgage securing the Note, and any modifications, renewals or extensions thereof, and additional advances, shall unconditionally be and at all times remain a lien on the Property prior and superior to the Lease;
Appears in 2 contracts
Samples: And Consolidated Loan Agreement (KBS Real Estate Investment Trust II, Inc.), And Consolidated Loan Agreement (KBS Real Estate Investment Trust II, Inc.)
Prior Lien. The Mortgage securing the NoteNote in favor of Lender, and any modifications, renewals or extensions thereofthereof (including, without limitation, any modifications, renewals or extensions with respect to any additional advances made subject to the Mortgage), shall unconditionally be and at all times remain a lien on the Property prior and superior to the Lease;
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