Common use of Authority to File Financing Statements Clause in Contracts

Authority to File Financing Statements. Mortgagor hereby authorizes Mortgagee to file, in any filing or recording offices, one or more financing statements (including a copy of this Mortgage) and any renewal or continuation statements thereof, describing the Collateral as Mortgagee deems appropriate (including any such financing statement, renewal or continuation statement that describes the Collateral as “all assets” or “all personal property” of Mortgagor).

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (Black Ridge Oil & Gas, Inc.), Secured Revolving Credit Agreement (Black Ridge Oil & Gas, Inc.)

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Authority to File Financing Statements. Mortgagor hereby authorizes Mortgagee to file, in any filing or recording offices, one or more financing statements (including a copy of this MortgageDeed of Trust) and any renewal or continuation statements thereof, describing the Collateral as Mortgagee deems appropriate (including any such financing statement, renewal or continuation statement that describes the Collateral as "all assets" or "all personal property" of Mortgagor)) in order to perfect or maintain the perfection of the security interests granted under this Deed of Trust.

Appears in 1 contract

Samples: Loan Agreement

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