Common use of Deeds of Trust Clause in Contracts

Deeds of Trust. Notwithstanding the fact that the City Deed of Trust may be recorded prior to the County Deed of Trust, or that the County Deed of Trust may be recorded prior to the City Deed of Trust, the Deeds of Trust are equal in lien priority.

Appears in 3 contracts

Sources: Intercreditor Agreement, Intercreditor Agreement, Intercreditor Agreement

Deeds of Trust. Notwithstanding the fact that the City Deed of Trust may be recorded prior to the County Deed of Trust, Trust or that the County Deed of Trust may be recorded prior to the City Deed of Trust, the Deeds of Trust are equal in lien priority.

Appears in 3 contracts

Sources: Intercreditor Agreement, Intercreditor Agreement, Intercreditor Agreement

Deeds of Trust. Notwithstanding the fact that the City Deed of Trust may be recorded prior to the County Deed of Trust, or that the County Deed of Trust may be recorded prior to the City Deed of Trust, the Deeds of Trust are equal in lien priority.

Appears in 2 contracts

Sources: Intercreditor Agreement, Intercreditor Agreement