Common use of Lien Status Clause in Contracts

Lien Status. The Trustor owns the Trust Property free and clear of any and all liens except the liens described on Exhibit B attached hereto (“Permitted Encumbrances”) and any other Permitted Liens from time to time affecting the Trust Property. Except for the Permitted Encumbrances, this Deed of Trust creates a valid priority lien and security interest against the Trust Property. The Trustor shall preserve and protect the lien and security interest status of this Deed of Trust subject to Permitted Encumbrances and any other Permitted Liens from time to time affecting the Trust Property.