Common use of Lien Created Clause in Contracts

Lien Created. This Agreement, when recorded, is a lien against the Property that guarantees the payment in full of the Deferred Fees, and the City’s cost of enforcement (including foreclosure) and collection, including attorney’s fees.

Appears in 1 contract

Sources: Development Impact Fee Deferral Agreement

Lien Created. This Agreement, when recorded, is a lien against the Property that guarantees the payment in full of the Deferred Fees, and the City’s cost of enforcement (including foreclosure) and collection, including attorney’s attorneys’ fees.

Appears in 1 contract

Sources: Development Impact Fee Deferral Agreement