Grant to Trustee Sample Clauses
The 'Grant to Trustee' clause establishes the legal transfer of certain rights, property, or interests from a grantor to a trustee, empowering the trustee to hold and manage these assets according to the terms of the trust agreement. In practice, this clause specifies what assets are being transferred—such as real estate, securities, or other property—and outlines the trustee's authority over them. Its core function is to formally vest ownership or control in the trustee, ensuring the trust is properly funded and the trustee can fulfill their fiduciary duties as intended by the trust's creator.
Grant to Trustee. As security for the Secured Obligations, Trustor hereby grants, bargains, sells, warrants and conveys the Property to Trustee, in trust, with power of sale, for the use and benefit of Beneficiary, and subject to all provisions hereof.
Grant to Trustee. As security for the Secured Obligations, Borrower irrevocably and unconditionally grants, bargains, sells, and conveys to Trustee, in trust, for the benefit of Lender, WITH POWER OF SALE and right of entry and possession wherever located, whether now owned or hereafter acquired or arising, and, except as indicated, in and to the Property.
Grant to Trustee. As security for the Indebtedness, Grantor hereby grants, bargains, sells, and conveys the Property to Trustee, in trust for the use and benefit of Beneficiary, with power of sale, and subject to all provisions hereof.
Grant to Trustee. As security for the Secured Obligations, Grantor hereby grants, bargains, sells, warrants and conveys the Property to Trustee, in trust, with power of sale, for the use and benefit of Beneficiary, and subject to all provisions hereof. TO HAVE AND TO HOLD the Property and the rights and privileges hereby transferred or hypothecated unto Trustee, its permitted successors and assigns forever, for the uses and purposes set forth herein, until the Secured Obligations shall have been indefeasibly performed and paid in full in cash, at which time these presents and the estate hereby granted shall cease, terminate and be void and the Property shall be re-conveyed to Grantor or the title thereto shall be re-vested according to the provisions of law.
Grant to Trustee. 4 2.2 Security Interest to Beneficiary..........................................4
Grant to Trustee. As security for the payment and performance of the Secured Obligations, Grantor grants, bargains, sells and conveys the Property to Trustee, in trust for the use and benefit of Beneficiary and subject to all provisions of this Deed of Trust.