Security Instrument definition
Examples of Security Instrument in a sentence
The provisions of Article VI of the Security Instrument are hereby incorporated by reference into this Agreement to the same extent and with the same force as if fully set forth herein.
All mortgage, mortgage recording, stamp, intangible or other similar tax required to be paid under applicable Requirements in connection with the execution, delivery, recordation, filing, registration, perfection or enforcement of any of the Loan Documents, including, without limitation, the Security Instrument, have been paid or are being paid simultaneously herewith.
In the event of any appointment of an Agent, any Liens granted and created in favor of the “Lender” under this Agreement, the Security Instrument and the other Loan Documents shall be held, and shall be deemed for all purposes under this Agreement, the Security Instrument and the other Loan Documents to be held, by such Agent as agent on behalf of ▇▇▇▇▇▇ and ▇▇▇▇▇▇’s transferees, assignees and successors from time to time holding interests in the Loan.
Borrower acknowledges that ▇▇▇▇▇▇ has a valid interest in maintaining the value of the Property so as to ensure that, should Borrower default in the repayment of the Debt or the performance of the other obligations of Borrower under this Agreement, the Security Instrument, the Note and the other Loan Documents, Lender can recover the Debt by a sale of the Property.
Borrower shall cooperate fully with Lender with respect to any proceedings before any court, board or other Governmental Authority which may in any way affect the rights of Lender hereunder or any rights obtained by Lender under any of the Note, the Security Instrument or the other Loan Documents and, in connection therewith, permit ▇▇▇▇▇▇, at its election, to participate in any such proceedings.