Common Contracts

2 similar General Security Agreement contracts

GENERAL SECURITY AGREEMENT (SITE SPECIFIC)
General Security Agreement • August 26th, 2020

WHEREAS the Secured Party has agreed to make a loan (the “Loan”) to the Debtor pursuant to a commitment letter dated ● and accepted ● as amended (the “Commitment Letter”) and secured by a first mortgage and charge (the “Mortgage”) of certain lands and premises known as ● (the “Property”); [Note to Solicitor: if municipal address doesn’t cover the entire real property, include legal description and attach schedule if necessary.]

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GENERAL SECURITY AGREEMENT (SITE SPECIFIC)
General Security Agreement • July 28th, 2020

WHEREAS the Secured Party is the custodian/title trustee for First National Financial LP which has agreed to make a loan (the “Loan”) to the Debtor pursuant to a commitment letter dated ● and accepted ● as amended (the “Commitment Letter”), secured by a first mortgage and charge (the “Mortgage”) of certain lands and premises known as ● (the “Property”); [Note to Solicitor: if municipal address doesn’t cover the entire real property, include legal description and attach schedule if necessary.]

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