Deed of Trust. If the Lot on which the Unit is to be constructed has not previously been encumbered by a Deed of Trust, Borrower shall have provided a first lien Deed of Trust, subject only to Permitted Exceptions, duly executed, acknowledged, delivered and recorded.
Appears in 3 contracts
Samples: Credit Agreement (William Lyon Homes), Credit Agreement (William Lyon Homes), Credit Agreement (William Lyon Homes)
Deed of Trust. If the Lot on which the Unit is to be constructed has not previously been encumbered by a Deed of Trust, Borrower shall have provided a first lien Deed of Trust, subject only to Permitted Exceptions, duly executed, acknowledged, delivered and recorded.
Appears in 3 contracts
Samples: Loan Agreement (Udc Homes Inc), Modification Agreement (Crescent Operating Inc), Credit Loan Agreement (Crescent Operating Inc)
Deed of Trust. If the Lot on which the Unit Home is to be constructed has not previously been encumbered by a Deed of Trust, Borrower shall have provided a first lien Deed of Trust, subject only to Permitted Exceptions, duly executed, acknowledged, delivered and recorded.
Appears in 1 contract
Samples: Borrowing Base Loan Agreement (Wilson Holdings, Inc.)
