No Subordinate Financing. Except as otherwise expressly approved by Beneficiary in writing, no part of any property subject to the Deed of Trust is, or will become, subject to a second mortgage, deed of trust or other type of subordinate lien.
Appears in 2 contracts
Sources: Deed of Trust, Assignment of Leases and Rents and Security Agreement (First Potomac Realty Trust), Deed of Trust, Assignment of Leases and Rents and Security Agreement (First Potomac Realty Trust)
No Subordinate Financing. Except as otherwise expressly approved by Beneficiary Lender in writingwriting in its sole and absolute discretion, no part of any property subject to the Deed of Trust is, or will become, subject to a second mortgage, deed of trust or other type of subordinate lien.
Appears in 1 contract
Sources: Loan and Security Agreement (Digital Realty Trust, Inc.)