Security Deeds definition
Examples of Security Deeds in a sentence
The Borrower will maintain insurance on the Mortgaged Properties as required by the Security Deeds.
The Lien of the Security Deeds (and the related security interests under the Uniform Commercial Code) against any cut or severed Timber (but not the proceeds thereof, it being the intent hereof that Agent’s Lien, on behalf of Lenders, and security interest continue in the proceeds) shall be automatically released, without any action by any of Borrower, any other Loan Party, Agent or Lenders, upon the sale thereof by the applicable Loan Party.
The Borrower is the owner of the Collateral free from any lien, security interest, encumbrance or other claim or demand, except those encumbrances permitted in the Security Deeds.
The Promissory Notes secured by the Security Deeds on the Assigned Mortgaged Properties acquired by the Borrower and assigned to the Agent.
Tenant shall promptly execute and deliver to Landlord such certificate or certificates in writing as Landlord may request, confirming the subordinate nature of the Lease to such Security Deeds.