Common use of Security for this Note Clause in Contracts

Security for this Note. The indebtedness evidenced by this Note is secured by the Deed of Trust and the other Loan Documents. Reference is made to the Deed of Trust and such other Loan Documents for a description of the rights of the Bank and the security for the indebtedness evidenced by this Note. Neither this reference, the Deed of Trust or any other Loan Document, nor any action taken in respect thereof, shall affect or impair Borrowers’ absolute and unconditional obligation for the payment of the indebtedness evidenced by this Note and other Loan Documents, together with interest thereon at the rate or rates provided above.

Security for this Note. The indebtedness evidenced by this Note is secured by the Deed of Trust Mortgage and the other Loan Documents. Reference is made to the Deed of Trust Mortgage and such other Loan Documents for a description of the rights of the Bank and the security for the indebtedness evidenced by this Note. Neither this reference, the Deed of Trust Mortgage or any other Loan Document, nor any action taken in respect thereof, shall affect or impair Borrowers’ Borrower’s absolute and unconditional obligation for the payment of the indebtedness evidenced by this Note and other Loan Documents, together with interest thereon at the rate or rates provided above.