Security Instrument. Each Security Instrument is a valid lien upon the applicable Assets and is prior and superior to all other liens and encumbrances thereon except those approved by Lender in writing.
Appears in 2 contracts
Sources: Loan Agreement (IMH Financial Corp), Loan Agreement (IMH Financial Corp)
Security Instrument. Each The Security Instrument is a valid lien upon the applicable Assets Property and is prior and superior to all other liens and encumbrances thereon except those approved by Lender in writing.
Appears in 1 contract
Sources: Loan Agreement (IMH Financial Corp)