Security Deed Clause Samples
A Security Deed is a legal instrument used to secure a loan with real property as collateral. In practice, the borrower transfers an interest in the property to a trustee, who holds it on behalf of the lender until the loan is repaid. This arrangement allows the lender to foreclose on the property if the borrower defaults, providing a clear and enforceable method for the lender to recover the loaned funds. The core function of a Security Deed is to protect the lender’s interest by ensuring the property can be claimed if the borrower fails to meet their obligations.
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Security Deed. This Security Deed is intended to operate and is to be construed as a deed passing the title to the Mortgaged Property to Lender and is made under those provisions of the existing laws of the State of Georgia relating to deeds to secure debt, and not as a mortgage, and is given to secure the Indebtedness and Obligations, and any and all renewals, modifications, consolidations, replacements and extensions thereof.
Security Deed. The Construction Deed of Trust with Assignment of Rents, Security Agreement and Fixture Filing, dated or to be dated on or prior to the Closing Date, made by the Borrower to the Agent for the benefit of the Banks, pursuant to which the Borrower grants a lien, security title and security interest in and to the Project, such Security Deed to be in form and substance satisfactory to the Agent.
Security Deed. This conveyance is to be construed under the existing laws of the State of Georgia as a deed passing title, and not as a mortgage, and is intended to secure the payment of all sums secured by this Security Instrument. ▇▇▇▇▇▇▇▇ ACCEPTS AND AGREES to the terms and covenants contained in this Security Instrument and in any Rider signed by ▇▇▇▇▇▇▇▇ and recorded with it.
Security Deed. The Deed to Secure Debt.
Security Deed. Deed to Secure Debt and Security Agreement with Assignment of Rents (hereinafter referred to as the "Security Deed") in favor of Lender, dated of even date herewith and conveying the Property to secure the indebtedness evidenced by the Note; which Security Deed is to be recorded in the appropriate public records of the county in which the Land lies on or about the date hereof.
Security Deed. That certain Deed to Secure Debt, Assignment of Rents and Security Agreement, dated of even date herewith, executed by Indemnitor for the benefit of Lender, covering the Property more particularly described therein, including the real property or interest therein described in Exhibit A attached hereto and incorporated herein by this reference.
Security Deed. This indenture entitled Deed to Secure Debt, Assignment of Rents and Security Agreement providing security in the Collateral to American Family for payment of the Note contemplated by the terms, provisions, covenants and conditions hereof, from Borrower for the benefit of American Family.
Security Deed. The Construction Mortgage and Security Agreement, dated or to be dated on or prior to the Closing Date, made by the Borrower in favor of the Lender, as the same may hereafter be amended with the prior written consent of Lender.
Security Deed. The Deed of Trust from Signal Landmark to the Agent for the benefit of the Lenders (or to a trustee named therein acting on behalf of the Agent), as the same may be modified or amended, pursuant to which Signal Landmark has conveyed the Project to the Agent as security for the Obligations, any such instruments to be in form and substance acceptable to the Agent.
Security Deed. The Mortgage and Security Agreement of even date herewith made by the Borrower in favor of the Lender.