Examples of California Deed of Trust in a sentence
A.P.N. 500-0000-000 Exhibit B California Deed of Trust With Power of Sale, Lien and Foreclosure Provisions Without limiting any of the provisions set forth in the body of this Lease or other attachments to this Lease, the following provisions are included in and made a part of this Lease for all purposes: GRANT OF LIEN AND SECURITY INTEREST.
On or prior to the Closing Date, Laurus shall be granted a first priority security interest pursuant to the California Deed of Trust and the Texas Deed of Trust, in the real property described therein, each in form and substance satisfactory to the Laurus.
LaSalle hereby accepts the assignment and assumption of the foregoing California Deed of Trust, and agrees that LaSalle or its successors or assigns will assume and perform the unperformed and partially performed obligations, liabilities and duties of Northern thereunder in accordance with the terms hereof and thereof.
All sums advanced and all expenses incurred by Lender pursuant to any provision of this Agreement or of the other Loan Documents which are not paid when due shall bear interest at the Default Rate set forth in the Note from the date such sum was due until such sum is paid in full and shall be secured by the California Deed of Trust and the Indiana Mortgage.
If Borrower wishes to sell the property secured by the Indiana Mortgage, provided that the property secured by the California Deed of Trust has not therefore been sold, Lender agrees to release its lien therein (and all related collateral) at the request of Borrower provided Borrower disburses 100% of the net proceeds from said transaction to the Bank of Texas to reduce the principal amount then owing to such bank.
Notwithstanding anything which might be construed herein or in the California Deed of Trust or in any of the other Loan Documents or the Other Related Documents to the contrary, in no event shall Borrower’s obligations and liabilities under the foregoing Section 6 be secured by the lien of the California Deed of Trust.
A.P.N. 525-1350-039-02 Exhibit B California Deed of Trust With Power of Sale, Lien and Foreclosure Provisions Without limiting any of the provisions set forth in the body of this Lease or other attachments to this Lease, the following provisions are included in and made a part of this Lease for all purposes: GRANT OF LIEN AND SECURITY INTEREST.
Borrower shall use its best efforts to cooperate with Lender to enable Lender to obtain, at the expense of Borrower, mortgage title insurance policies insuring Lender's lien: (a) evidenced by the California Deed of Trust, as modified by the instrument referred to in Section 5(d), in the amount of $4 million and (b) evidenced by the Indiana Mortgage, as modified by the instrument referred to in Section 5(e) in the amount of $2 million.
Xxxxx and Xxxxx Xxxxxxxx Xxxxx, as beneficiaries, dated July 11, 1988 and recorded August 17, 1988 as Instrument Number 88009023 of the official records of Siskiyou County, California, which California Deed of Trust purports to secure indebtedness in the original principal amount of $80,000.
EMI's security interest in the Property and the property encumbered by the California Deed of Trust shall end and EMI shall discharge the Georgia Deed to Secure Debt and the California Deed of Trust when Borrower shall have repaid the Loan in full.