Third Deed of Trust definition

Third Deed of Trust means the Deed of Trust, Assignment of Rents and Security Agreement of even date herewith, executed by Borrower conveying a third Lien security interest in the Mortgaged Property to secure repayment of the Facility B Term Loans and
Third Deed of Trust means the deed of trust constituting a third-priority lien against the Property, by Borrower to All-Cal Title Company, a California corporation, as trustee, for the benefit of The Board of Trustees of Xxxxxx Xxxxxxxx Xx. University, as beneficiary, to be recorded in or about August 1998, in the Official Records of the County of Santa Xxxxx, State of California securing a loan in a principal amount not in excess of FORTY ONE THOUSAND FOUR HUNDRED SEVENTY FIVE DOLLARS ($41,475).

Examples of Third Deed of Trust in a sentence

  • This Note is secured by a Third Deed of Trust of even date herewith (the "Deed of Trust") executed by Borrower conveying certain property located in Durham, North Carolina.

  • The Borrower shall have executed and delivered to the Lender a Security Agreement for a Third Deed of Trust for the subject site, a UCC-1 filing for all equipment, furniture and fixtures financed with the Loan, and personal guarantee of ____________________________.

  • On the other hand, the trustee is asking for summary judgment10 under Rule 56 that, as a matter of law, the advances claimed by Hebert were not secured by the11 dragnet clause in FNBA’s 2006 second deed of trust, at least in a manner to prime the Wikas’ third12 deed of trust.13 2.3- The Wika Settlement and Third Deed of Trust- In 2007, McCready contracted to14 build a condo at Alyeska in McCready’s Cedar Creek development.

  • There occurs an "Event of Default" under the Deed of Trust, the Second Deed of Trust or the Third Deed of Trust.

  • Event of Default under Deed of Trust, Second Deed of Trust or Third Deed of Trust.

  • The right of the Agent to sell or otherwise dispose of all or any of the Mortgaged Property, in the manner provided for in the Deed of Trust, the Second Deed of Trust, and the Third Deed of Trust all other rights and remedies available to the Agent under the Deed of Trust, the Second Deed of Trust and the Third Deed of Trust.

  • Repayment of the Series C Bonds is secured by a third-priority Third Deed of Trust, Assignment of Rents and Leases, and Security Agreement dated March 1, 2002 (“Third Deed of Trust”) against the Properties.

  • Four days later, on August 28, 2012, Sword posted the Homestead for an October 2, 2012 foreclosure sale under authority of the Third Deed of Trust.

  • This conveyance constitutes a Fourth Deed of Trust upon the real property described herein, and, if required by the First Deed of Trust, the Second Deed of Trust or the Third Deed of Trust, prior to the exercise of any rights by the Beneficiary hereunder or under the note secured hereby or to amendment of any of the terms hereof, the Beneficiary must obtain the prior written consent of the holder of the indebtedness secured by the First Deed of Trust, Second Deed of Trust and Third Deed of Trust.

  • Although Michael Robinson had a right to file the Third Deed of Trust, the MaritalSettlement Agreement provides at section 52(a):ALLISON shall pay to MICHAEL a lump sum of $543,902.00 from the net sales proceeds of the Olympic Valley property.


More Definitions of Third Deed of Trust

Third Deed of Trust means the Deed of Trust, Assignment of Rents and Security Agreement of even date herewith, executed by Borrower conveying a third Lien security interest in the Mortgaged Property to secure repayment of the Facility B Term Loans and performance of certain of the Obligations, and all amendments thereto, recorded or to be recorded in the Xxxxx County, Texas Deed Records.

Related to Third Deed of Trust

  • Deed of Trust means this Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing, as the same may from time to time be extended, amended, restated, supplemented or otherwise modified.

  • mortgage agreement ’ means the note or debt instrument and the mortgage instrument, deed of trust instrument, trust deed, or instru- ment or instruments creating the mortgage, including any instrument incorporated by ref- erence therein (including any applicable regu- latory agreement), and any instrument or agreement amending or modifying any of the foregoing;

  • First Mortgage means a Mortgage that constitutes a first Lien on the real property and improvements described in or covered by that Mortgage.

  • First Mortgage Indenture means a first mortgage indenture pursuant to which any Borrower or any Subsidiary of any Borrower may issue bonds, notes or similar instruments secured by a lien on all or substantially all of such Borrower’s or such Subsidiary’s fixed assets, as the case may be.

  • Security Deed means the security deed dated on or about the Series Issue Date of the ETC Securities entered into as a deed by the Issuer, the Trustee and any other parties thereto by the execution of the Issue Deed and in the form of the Master Security Terms (as amended and/or supplemented by the Issue Deed) and as such Security Deed is amended, supplemented, novated or replaced from time to time.

  • Second Mortgage means a mortgage from which the proceeds of a loan or other extension of credit made by a third person are secured by a mortgage on the real property for which the mortgagor has used the proceeds of the loan or other extension of credit to pay all or part of the purchase price of the property.

  • Deed of Covenant means, in relation to a Ship and if required by the laws of the Approved Flag State, a deed of covenant collateral to the Mortgage on that Ship and creating charges over (inter alia) that Ship, her Earnings, her Insurances and any Requisition Compensation in the Agreed Form;

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Construction Loan Agreement means the Construction Loan Agreement between Lender and Borrower for construction on the Land.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Bond Agreement means this bond agreement, including any Attachments to which it refers, and any subsequent amendments and additions agreed between the Parties.

  • Mortgage Addendum means the addendum to the Mortgage in the agreed form.

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Forbearance Agreement means the forbearance agreement entered into by Granite Co. prior to the implementation of the 2011 Arrangement.

  • Mortgage Amendment has the meaning set forth in Section 6.12(a).

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another.

  • Second Amended and Restated Credit Agreement shall have the meaning assigned to such term in the recitals of this Agreement.

  • Security Agreement With respect to a Cooperative Loan, the agreement creating a security interest in favor of the originator in the related Cooperative Stock.

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

  • Amendment and Restatement Agreement means the Amendment and Restatement Agreement, dated as of January 29, 2016, among the Borrowers, the Lenders party thereto and the Administrative Agent.

  • Mortgage Indenture means the Mortgage and Deed of Trust, dated as of April 1, 1932, between SIGECO and Bankers Trust Company (as supplemented from time to time before or after the date hereof by various supplemental indentures thereto).

  • Mortgage Sale Agreement means the mortgage sale agreement dated 3 June 2005 as amended and restated on 4 October 2007, 20 May 2008, 23 June 2014, 24 April 2018 and as further amended and restated on 18 _ April 2019 made between Santander UK plc (1) Abbey Covered Bonds LLP (the "LLP") (2) and Deutsche Trustee Company Limited (the "Security Trustee") (3) (as the same may be or have been amended, varied or supplemented from time to time with the consent of those parties).

  • Waiver Agreement means an agreement between