Recordation of Deeds of Trust Clause Samples

Recordation of Deeds of Trust. If Buyer is financing the purchase of the Property, any and all deeds of trust fully executed by Buyer in a form supplied by Seller’s Authorized Lender and/or Seller are recorded in the office of the County Recorder of Los Angeles.
View SourceView Similar (6)
Recordation of Deeds of Trust. Upon the occurrence of an Event of Default under Section 7.1.1 (Failure to Pay), Section 7.1.3 (Failure to Comply with Specific Covenants), Section 7.1.6 (Receiver; Bankruptcy), Section 7.1.7 (Involuntary Bankruptcy), Section 7.1.8 (Judgment), Section 7.1.9 (Default Under Other Borrowings) or Section 7.1.13 (Liquidation, Termination, Dissolution), the Administrative Agent shall be entitled to record immediately the Deeds of Trust, at the expense of the Borrowers. Upon the occurrence of any Event of Default under any provision of this Agreement other than those specifically identified in the preceding sentence, with notice to the Borrowers, the Administrative Agent shall record the Deeds of Trust, at the expense of the Borrowers thirty (30) days after occurrence of the Event of Default (including all applicable cure and grace periods).
View Source

Related to Recordation of Deeds of Trust

  • Deeds of Trust In the event the Mortgage constitutes a deed of trust, a trustee, authorized and duly qualified under applicable law to serve as such, has been properly designated and currently so serves and is named in the Mortgage, and no fees or expenses are or will become payable by the Purchaser to the trustee under the deed of trust, except in connection with a trustee's sale after default by the Mortgagor;

  • Mortgages; Deeds of Trust The Company has provided to the Sales Agent true and complete copies of all credit agreements, mortgages, deeds of trust, guaranties, side letters, and other material documents evidencing, securing or otherwise relating to any secured or unsecured indebtedness of the Company or any of its subsidiaries, and none of the Company and its subsidiaries that is party to any such document is in default thereunder, nor has an event occurred which with the passage of time or the giving of notice, or both, would become a default by any of them under any such document.

  • Recordation of Assignments of Mortgage To the extent permitted by applicable law, each of the Assignments of Mortgage is subject to recordation in all appropriate public offices for real property records in all the counties or their comparable jurisdictions in which any or all of the Mortgaged Properties are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected at the Seller's expense in the event recordation is either necessary under applicable law or requested by the Purchaser at its sole option.

  • Completion and Recordation of Assignments of Mortgage As soon as practicable after the Closing Date, the Servicing Transfer Date or the date on which a Qualifying Substitute Mortgage Loan is delivered pursuant to Section 2.05 of the Trust Agreement, as applicable (but in no event more than 90 days thereafter except to the extent delays are caused by the applicable public recording office), the Servicer shall cause the endorsements on the Mortgage Note (if applicable), and the Assignments of Mortgage (subject to Section 3.01(a)) to be completed in the name of the Trustee (or MERS, as applicable).

  • Recordation of Agreement This Agreement (or an abstract hereof, if acceptable to the applicable recording office) is subject to recordation in all appropriate public offices for real property records in all the towns or other comparable jurisdictions in which any or all of the Mortgaged Properties are situated, and in any other appropriate public office or elsewhere, such recordation to be effected by the Master Servicer and at its expense on direction by the Trustee, but only upon direction accompanied by an Opinion of Counsel to the effect that such recordation materially and beneficially affects the interests of the Certificateholders. For the purpose of facilitating the recordation of this Agreement as herein provided and for other purposes, this Agreement may be executed simultaneously in any number of counterparts, each of which counterparts shall be deemed to be an original, and such counterparts shall constitute but one and the same instrument.