Common use of Mortgaged Real Property Clause in Contracts

Mortgaged Real Property. All of Borrower's now owned or hereafter acquired right, title, and interest in and to any Land, Unit, Common Area, Interval, and other real property of any and every type, together with all easements, rights-of-way, and other appurtenances thereto, that is encumbered by the Lien of the Resort Mortgage.

Appears in 1 contract

Sources: Loan and Security Agreement (Equivest Finance Inc)

Mortgaged Real Property. All of each Borrower's now owned or hereafter acquired right, title, and interest in and to any Land, Unit, Common AreaElement, Interval, and other real property of any and every type, together with all easements, rights-of-way, easements and other appurtenances thereto, that is encumbered by the Lien of the Resort Mortgagea Construction Mortgage or an Inventory Mortgage and located within an Applicable Resort.

Appears in 1 contract

Sources: Loan and Security Agreement (Equivest Finance Inc)

Mortgaged Real Property. All of Borrower's now owned or hereafter acquired right, title, and interest in and to any Land, Unit, Common AreaElement, Interval, and other real property of any and every type, together with all easements, rights-of-way, easements and other appurtenances thereto, that is encumbered by the Lien of the Resort Mortgagea Construction Mortgage or an Inventory Mortgage and located within an Applicable Resort.

Appears in 1 contract

Sources: Loan and Security Agreement (Equivest Finance Inc)

Mortgaged Real Property. All of Borrower's now owned or hereafter acquired right, title, and interest in and to any Land, Unit, Common AreaElement, Interval, and other real property of any and every type, together with all easements, rights-of-way, easements and other appurtenances thereto, that is encumbered by the Lien of the Resort Mortgagean Applicable Mortgage and located within an Applicable Resort.

Appears in 1 contract

Sources: Loan and Security Agreement (Equivest Finance Inc)