Common use of Open-End Mortgage Clause in Contracts

Open-End Mortgage. For all items of the Property in which an interest ------------------ arises under real estate law, this is an open-end mortgage which secures payment of future advances.

Appears in 4 contracts

Sources: Leasehold Mortgage (Emeritus Corp\wa\), Leasehold Mortgage (Emeritus Corp\wa\), Leasehold Mortgage, Security Agreement, Assignment of Leases and Rents, Financing Statement and Fixture Filing (Emeritus Corp\wa\)

Open-End Mortgage. For all items of the Property in which an interest ------------------ arises under real estate law, this is an open-end mortgage which secures payment of future advances.

Appears in 1 contract

Sources: Mortgage, Security Agreement, Assignment of Leases and Rents and Fixture Filing (Windrose Medical Properties Trust)