Delivery of Assignments. Grantor shall execute such additional documents as may be reasonably requested from time to time by Beneficiary, to evidence the assignment to Beneficiary or its nominee of any Leases now or hereafter made, such assignment documents to be in form and content acceptable to Beneficiary. Grantor shall deliver to Beneficiary, within thirty (30) days after Beneficiary's written request therefor (1) a duplicate original or photocopy of each Lease which is at the time of such request outstanding upon the Secured Property and (2) a complete schedule, certified by Grantor, of each Lease, showing the unit number, type, Lessee name, monthly rental, date to which Rents have been paid, term of Lease, date of occupancy, date of expiration, existing defaults, if any, and every special provision, concession or inducement granted to such Lessee.
Appears in 2 contracts
Sources: Deed of Trust (Trade Street Residential, Inc.), Deed of Trust (Trade Street Residential, Inc.)
Delivery of Assignments. Grantor Borrower shall execute such additional documents as may be reasonably requested from time to time by BeneficiaryLender, to evidence the assignment to Beneficiary Lender or its nominee of any Leases now or hereafter made, such assignment documents to be in form and content acceptable to BeneficiaryLender. Grantor Borrower shall deliver to BeneficiaryLender, within thirty (30) days after BeneficiaryLender's written request therefor (1) a duplicate original or photocopy of each Lease which is at the time of such request outstanding upon the Secured Property and (2) a complete schedule, certified by GrantorBorrower, of each Lease, showing the unit number, type, Lessee name, monthly rental, date to which Rents have been paid, term of Lease, date of occupancy, date of expiration, existing defaults, if any, and every special provision, concession or inducement granted to such Lessee.
Appears in 1 contract
Sources: Deed to Secure Debt, Assignment of Leases and Rents and Security Agreement (Systemax Inc)