Security Instrument. If any of the Property is also subject to a valid and enforceable Lien under the Security Instrument and the terms of the Security Instrument are inconsistent with the terms of this Agreement, then, at the option of the Lender, the terms of the Security Instrument shall be controlling with respect to Property that relates to the real property described in the Security Instrument, and the terms of this Agreement shall be controlling in the case of all other Property.
Appears in 4 contracts
Samples: Security Agreement and Assignment of Rents (Manufactured Housing Properties Inc.), Security Agreement and Assignment of Rents (Manufactured Housing Properties Inc.), Security Agreement and Assignment of Rents (Manufactured Housing Properties Inc.)
