Common use of Acquired Property Subject to Lien Clause in Contracts

Acquired Property Subject to Lien. All property at any time acquired by the Grantor and provided or required by this Deed of Trust to be or become subject to the security interest hereof, whether such property is acquired by exchange, purchase, construction or otherwise, shall forthwith become subject to the security interest of this Deed of Trust without further action on the part of the Grantor, the Trustee or the Beneficiary. The Grantor, at its expense, will execute and deliver to the Beneficiary (and will record and file as provided in Section 1.4) promptly following a request thereof by the Beneficiary an instrument supplemental to this Deed of Trust satisfactory in substance and form to the Beneficiary, whenever such an instrument is necessary under applicable Law to subject to the Lien and security interest of this Deed of Trust all right, title and interest of the Grantor in and to all property provided or required by this Deed of Trust to be subject to the Lien and security interest hereof.

Acquired Property Subject to Lien. All property at any time acquired by the Grantor Trustor and provided or required by this Deed of Trust to be or become subject to the lien and security interest hereof, whether such property is acquired by exchange, purchase, construction or otherwise, shall forthwith become subject to the lien and security interest of this Deed of Trust without further action on the part of the GrantorTrustor, the Trustee or the Beneficiary. The GrantorTrustor, at its expense, will execute and deliver to the Trustee and Beneficiary (and will record and file as provided in Section SECTION 1.4) promptly following a request thereof by the Beneficiary an instrument supplemental to this Deed of Trust satisfactory in substance and form to the Beneficiary, whenever such an instrument is necessary under applicable Law law to subject to the Lien lien and security interest of this Deed of Trust all right, title and interest of the Grantor Trustor in and to all property provided or required by this Deed of Trust to be subject to the Lien lien and security interest hereof.