Common use of Grant of Mortgage Clause in Contracts

Grant of Mortgage. In consideration for the Operating Agreement, the sum of One Dollar ($1.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by you, you ▇▇▇▇▇▇ ▇▇▇▇▇, mortgage and charge to us and our heirs and successors, all of your interest in and to the land located at being more specifically described in the Schedule to this mortgage. The security in this section is in addition to the security in the Standard Mortgage Terms.

Grant of Mortgage. In consideration for the Operating Agreement, the sum of One Dollar ($1.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by you, you ▇▇▇▇▇▇ ▇▇▇▇▇hereby grant, mortgage and charge to us and our heirs and successors, all of your interest in and to the land located at <Property address> being more specifically described in the Schedule to this mortgage. The security in this section is in addition to the security in the Standard Mortgage Terms.

Grant of Mortgage. In consideration for the Operating Agreement, the sum of One Dollar ($1.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by you, you ▇▇▇▇▇▇ ▇▇▇▇▇, mortgage and charge to us and our heirs and successors, all of your interest in and to the land located at being more specifically described in the Schedule to this mortgage. The security in this section is in addition to the security in the Standard Mortgage Terms.at