Common use of Use of Mortgaged Property Clause in Contracts

Use of Mortgaged Property. Mortgagor shall useUse, and permit others to use, the Mortgaged Property only for uses permitted under applicable lawsLegal Requirements.

Appears in 1 contract

Sources: Open End Mortgage and Security Agreement (Interstate Hotels Corp)

Use of Mortgaged Property. Mortgagor shall use, and permit others to use, the Mortgaged Property only for uses permitted under applicable lawsLegal Requirements.

Appears in 1 contract

Sources: Revolving Line of Credit Loan Agreement (Seven Fields Development Co)