Security AgreementSecurity Agreement • April 28th, 2014 • Ryland Group Inc • Operative builders • Michigan
As of April 24, 2014, for value received, the undersigned (“Debtor”) pledges, assigns and grants to Comerica Bank (“Bank”), whose address is 39200 Six Mile Road, Livonia, Michigan 48152, Attention: Commercial Loan Documentation, Mail Code 7578, a continuing security interest and lien (any pledge, assignment, security interest or other lien arising hereunder is sometimes referred to herein as a “security interest”) in the Collateral (as defined below) to secure payment when due, whether by stated maturity, demand, acceleration or otherwise, of all existing and future indebtedness (“Indebtedness”) to the Bank of RMC MORTGAGE CORPORATION, a California corporation (“Borrower”) and/or Debtor. Indebtedness includes without limit any and all obligations or liabilities of the Borrower and/or Debtor to the Bank, whether absolute or contingent, direct or indirect, voluntary or involuntary, liquidated or unliquidated, joint or several, known or unknown; any and all obligations or liabilities for
April 24, 2014 RMC Mortgage Corporation Scottsdale, AZ 85255 Ladies/Gentlemen:Ryland Group Inc • April 28th, 2014 • Operative builders • Michigan
This letter constitutes an agreement by and between COMERICA BANK, a Texas banking association (herein called “Bank”), and RMC MORTGAGE CORPORATION, a California corporation (herein called “Company”), pertaining to certain loans and other credit which Bank has made and/or may from time to time hereafter make available to Company.
Pledge and Security AgreementPledge and Security Agreement • April 28th, 2014 • Ryland Group Inc • Operative builders • Michigan
This Pledge and Security Agreement (the “Agreement”) is entered into and dated as of April 24, 2014, for value received, the undersigned (“Pledgor”) grants to Comerica Bank (“Bank”) a continuing security interest and lien (any pledge, assignment, security interest or other lien arising hereunder is sometimes referred to herein as a “security interest”) in the Collateral (as defined below) to secure payment when due, whether by stated maturity, demand, acceleration or otherwise, of all existing and future indebtedness (“Indebtedness”) to the Bank of RMC MORTGAGE CORPORATION, a California corporation (“Borrower”), and/or Pledgor. Indebtedness includes, without limit, any and all obligations or liabilities of the Borrower and/or Pledgor to the Bank, whether absolute or contingent, direct or indirect, voluntary or involuntary, liquidated or unliquidated, joint or several, known or unknown; any and all obligations or liabilities for which the Borrower and/or Pledgor would otherwise be liabl
