PURPOSE OF SECURING. (1) The debt evidenced by that certain Promissory Note (such Promissory Note, together with any and all renewals, amendments, modifications, consolidations and extensions thereof, is hereinafter referred to as the “Note”) of even date with this Mortgage, made by Mortgagor payable to the order of Mortgagee in the principal face amount of Five Million Four Hundred Sixty Thousand and No/100 Dollars ($5,460,000.00), together with interest as therein provided;
PURPOSE OF SECURING. Trustor makes the grant, conveyance, transfer and assignment set forth in Section 1 for the purpose of securing the following obligations (the "Secured Obligations") in any order of priority that Beneficiary may choose:
PURPOSE OF SECURING. (A) The payment and performance of each and every obligation of Assignor contained in the Master Resolution and in Assignor’s Lease Revenue Bonds, Series 2024 and any Additional Bonds or Refunding Bonds (as defined in the Master Resolution) (collectively, the “Bonds”); and
PURPOSE OF SECURING. A. Payment of the indebtedness evidenced by the Promissory Note (the "Note"), given by Borrower to Lender in the amount of $5,000,000.00, dated of even date herewith, and together with any interest and all other charges under the Note, and any renewals, extensions, supplements and modifications of the Note.
PURPOSE OF SECURING. Mxxxxxxxx makes the grant, conveyance, transfer and assignment set forth in Article 1 (Gxxxx), makes the irrevocable and absolute assignment set forth in Article 3 (Assignment of Leases and Rents), and grants the security interest set forth in Article 4 (Security Interest in Related Personalty), all for the purpose of securing the following obligations (the “Secured Obligations”) in any order of priority that Mortgagee may choose:
PURPOSE OF SECURING. (a) Payment of the indebtedness with interest thereon evidenced by the Note and any and all modifications, refinancings, extensions and renewals thereof, and all other Indebtedness Hereby Secured;
PURPOSE OF SECURING. Grantor makes the grant, conveyance, transfer and assignment set forth in Article 1 (Grant in Trust), IN TRUST, makes the irrevocable and absolute assignment set forth in Article 3 (Assignment of Leases and Rents), and grants the security interest set forth in Article 4 (Security Interest in Related Personalty), all for the purpose of securing the following obligations (collectively, the “Secured Obligations”) in any order of priority that Beneficiary may choose:
PURPOSE OF SECURING. (1) The debt evidenced by that certain Promissory Note (such Promissory Note; together with any and all renewals, modifications, amendments, restatements, consolidations, substitutions, replacements, and extensions thereof, is hereinafter referred to as the "Note") of even date with this Security Instrument, made by Grantor and payable to the order of Beneficiary in the original principal amount of FOURTEEN MILLION AND NO/00
PURPOSE OF SECURING. (1) The timely performance of the INCLUSIONARY HOUSING IN LIEU FEE AGREEMENT (the “AGREEMENT”) of even date herewith, between the Developer, Commission and City which is being recorded concurrently, and any duly executed and recorded renewals, extensions, modifications or amendments to the Agreement, and each and every covenant set forth herein;
PURPOSE OF SECURING a) Payment of the indebtedness evidenced by a promissory note of even date herewith executed by Trustor, in the principal sum of Four Hundred-Fifty Thousand and No/100 Dollars ($450,00.00), and any renewal, extension, or modification of the promissory note (the “CDBG Note”);
