Common use of Hypothec Clause in Contracts

Hypothec. The hypothec of rents under 2.1 applies to the following: - the present and future rents produced by the immovable; - amounts payable under any emphyteutic contract; - amounts payable under any agreements for use or usufruct of the immovable; and - any amounts payable under the terms of any insurance policy covering these rents or amounts, if such policy exists.