Common use of Subordinate Assignment Clause in Contracts

Subordinate Assignment. The Assignment of Leases and Rents (Auburn ▇▇▇▇▇▇▇ – Second) dated as of the date of this Instrument, executed by Borrower, for the benefit of Lender securing the Other Obligations.

Appears in 2 contracts

Sources: Deed of Trust and Security Agreement, Deed of Trust and Security Agreement (CNL Healthcare Properties, Inc.)