Common use of Future Real Property Clause in Contracts

Future Real Property. Promptly following its acquisition of any fee simple real property, execute and deliver to Lender a deed of trust or mortgage in form and substance acceptable to Lender creating a first priority Lien on such real property securing the Obligations, and provide to the Lender such customary lender's title insurance policies, appraisals, environmental reports and other related documents as Lender may reasonably request.