Common use of Deed of Trust Clause in Contracts

Deed of Trust. The term “Deed of Trust” shall mean the deed of trust securing the payment of the Note and the payment and performance of all obligations specified in said deed of trust and this Agreement, and evidencing a valid and enforceable first priority lien on the Property.

Appears in 2 contracts

Samples: Construction Loan Agreement (Campus Crest Communities, Inc.), Construction Loan Agreement (Campus Crest Communities, Inc.)

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Deed of Trust. The term "Deed of Trust" shall mean the deed Indemnity Deed of trust securing Trust, Security Agreement and Assignment of Leases and Rents executed of even date herewith granted by the payment Land Owner to trustees for the benefit of the Note and the payment and performance of all obligations specified in said deed of trust and this AgreementBank, and evidencing a valid and enforceable creating first priority a lien on and security interest in the PropertyReal Property as security for the Land Owner's Guaranty.

Appears in 2 contracts

Samples: Construction Loan Agreement Construction Loan Agreement, Construction Loan Agreement (Hemagen Diagnostics Inc)

Deed of Trust. The term words “Deed of Trust” shall mean the deed this Commercial Deed of trust securing the payment of the Note and the payment and performance of all obligations specified in said deed of trust and this Trust, Security Agreement, Financing Statement and evidencing a valid Assignment of Rents, among Borrower, Beneficiary, and enforceable first priority lien on Trustee, and includes without limitation all assignment and security interest provisions relating to the PropertyPersonal Property and Rents.

Appears in 1 contract

Samples: Security Agreement (Independent Bank Group Inc)

Deed of Trust. The term "Deed of Trust” shall mean " means a Deed of Trust and Security Agreement in form and substance reasonably acceptable to the deed of trust securing the payment of the Note Borrower and the payment Bank to be executed and performance of all obligations specified in said deed of trust delivered by the Borrower to the Bank which, when recorded, will grant to the Bank a first lien on and this Agreement, and evidencing a valid and enforceable first priority lien on security interest in the PropertyProject and all equipment to be installed thereon.

Appears in 1 contract

Samples: Jones Apparel Group Inc

Deed of Trust. The term "Deed of Trust" shall mean the deed Master Deed of trust securing Trust, and each individual Deed of Trust conveying each Property, House or Lot to a Trustee for the benefit of Lender as security for the payment of the Master Note and any Loan, and the payment and performance of all obligations specified in said deed the Master Deed of trust and Trust, such Individual Deeds of Trust, or this Agreement, and evidencing a valid and enforceable first priority lien on the Property.

Appears in 1 contract

Samples: Credit Loan Agreement (Newmark Homes Corp)

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Deed of Trust. The term words “Deed of Trust” shall mean the deed this Deed of trust securing the payment of the Note and the payment and performance of all obligations specified in said deed of trust and this AgreementTrust among Borrower, Beneficiary, and evidencing a valid Trustee, and enforceable first priority lien on includes without limitation all assignment and security interest provisions relating to the PropertyPersonal Property and Rents.

Appears in 1 contract

Samples: Energytec Inc

Deed of Trust. The term “Deed of Trust” shall mean the deed that certain Deed of trust Trust, Assignment of Rents, Security Agreement and Financing Statements of even date herewith securing the payment of the Note and the payment and performance of all obligations specified in said deed the Deed of trust Trust and this Agreement, and evidencing a valid and enforceable first priority lien on the PropertyProperty and including an assignment of rents and leases.

Appears in 1 contract

Samples: Loan Agreement (Lancer Corp /Tx/)

Deed of Trust. The term “Deed of Trust” shall mean means the deed Deed of trust securing the payment Trust and Assignment of the Note Rents to be executed and the payment and performance of all obligations specified in said deed of trust and this Agreement, and evidencing delivered by Borrower conveying a valid and enforceable first priority lien interest to Lender on the real property located at 2000 X. Xxxxx Xxxxxx, Xxxxxxx, Xxxxxxx (“Property”), more particularly described in the Deed of Trust.

Appears in 1 contract

Samples: Loan Agreement (Generation Alpha, Inc.)

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