Common use of CONVEYANCE AND GRANT Clause in Contracts

CONVEYANCE AND GRANT. For valuable consideration, Grantor conveys to Trustee for the benefit of Lender as Beneficiary all of Grantor’s right, title, and interest in and to the following described real property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without limitation all minerals, oil. Gas, geothermal and similar matters, (the “Real Property”) located in   County, State of Montana. ENTER LEGAL DESCRIPTION The Real Property or its address is commonly known as  , MT. Grantor presently assigns to Lender (also known as the Beneficiary in this Deed of Trust) all of Grantor’s right, title, and interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Grantor grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents. THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS UNDER THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Grantor shall pay to Lender all amounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Grantor’s obligations under the Note, this Deed of Trust, and the Related Documents.

Appears in 2 contracts

Samples: comdev.mt.gov, comdev.mt.gov

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CONVEYANCE AND GRANT. For valuable consideration, Grantor conveys hereby irrevocably grants, transfers and assigns to Trustee for the benefit of Lender as Beneficiary all of Grantor’s 's right, title, and interest in and to the following described real property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without limitation all minerals, oil. Gas, gas, geothermal and similar matters, (the "Real Property") located in   CountyThe City and County of Denver, State of Montana. ENTER Colorado: SEE ATTACHED EXHIBIT "A" FOR LEGAL DESCRIPTION DESCRIPTION The Real Property or its address is commonly known as  0000 XXXXXX XX., MTXXXXXX, XX 00000. Grantor presently assigns to Lender (also known as the Beneficiary in this Deed of Trust) all of Grantor’s 's right, title, and interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Grantor grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents. THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Grantor shall pay to Lender all amounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Grantor’s 's obligations under the Note, this Deed of Trust, and the Related Documents.

Appears in 1 contract

Samples: Business Loan Agreement (Scotts Liquid Gold Inc)

CONVEYANCE AND GRANT. For valuable consideration, Grantor Borrower conveys to Trustee XXXXX XXXXXXX, Trustee, in trust with power of sale, for the benefit of Lender as Beneficiary Beneficiary: (i) all of GrantorBorrower’s right, title, title and interest in and to the following Oil and Gas Properties located in RAINS County, Texas, described real propertyin EXHIBIT “A” attached hereto, together with all existing unsevered and unextracted Hydrocarbons in and under or subsequently erected or affixed buildings, improvements attributable to said Oil and fixtures; all easements, rights of wayGas Properties, and appurtenancesall items incorporated into Oil and Gas Property realty or structures or improvements located therein or thereon in such a manner that said items no longer remain personalty under applicable state law; all water, water rights and ditch rights (including stock ii) a security interest in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without limitation all minerals, oil. Gas, geothermal and similar matters, (the “Real Property”) located in   County, State of Montana. ENTER LEGAL DESCRIPTION The Real Property or its address is commonly known as  , MT. Grantor presently assigns to Lender (also known as the Beneficiary in this Deed of Trust) all of GrantorBorrower’s right, title, title and interest in and to all present non-Fixture Operating Equipment, all Hydrocarbons severed and future leases extracted from or attributable to the Oil and Gas Properties, all accounts and general intangibles attributable to the Oil and Gas Properties, all Operating Agreements, all Production Sale Contracts, all of Borrower’s right, title and interest in any funds attributable to any pending or threatened litigation involving the Oil and Gas Properties described in EXHIBIT “A” where such funds are as a result of settlement, and all of Borrower’s contract rights of any nature relating to the Oil and Gas Properties (the “Personalty Collateral”). Proceeds of the Property Personalty Collateral are also covered, but this should not be construed to mean that Beneficiary consents to Borrower’s sale of any of the Personalty Collateral other than the Hydrocarbons severed and all Rents extracted from or attributable to the PropertyOil and Gas Properties. In additionIf requested by Beneficiary, Grantor grants Borrower agrees to Lender a Uniform Commercial Code deliver the Production Sales Contracts to Beneficiary; and (iii) A security interest in the Personal Property and Rents. THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS UNDER THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Grantor shall pay to Lender all amounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of GrantorBorrower’s obligations under right, title and interest in and to all Fixture Operating Equipment. Proceeds therefrom are also covered, but this should not be construed to mean that Beneficiary consents to Borrower’s sale of any of such equipment (the Note“Fixture Collateral”). SUBJECT TO all conditions, this Deed covenants, restrictions, reservations and easements that appear of Trustrecord. Borrower hereby grants to Beneficiary any and all rights of Borrower to liens and security interests securing payment of proceeds from the sale of production from the Oil and Gas Properties including, but not limited to, those liens and the Related Documentssecurity interests provided for in TEX. BUS. & COM. CODE XXX. §9.319 (Tex. UCC) (Vernons’ Xxx. 1988).

Appears in 1 contract

Samples: Energytec Inc

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CONVEYANCE AND GRANT. For valuable consideration, Grantor conveys to Trustee in trust, with power of sale, for the benefit of Lender Lxxxxx as Beneficiary all of Grantor’s rightBeneficiary, title, and interest in and to the following described real property, together with all existing or subsequently erected or affixed buildings, . improvements and fixtures; : and all easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with ditch or irrigation water rights); and all other rights, royalties, and profits relating to the real property, . including without limitation such rights as Granter may have in all minerals, oil, gas. Gas, geothermal and similar matters, . (the “Real Property”) located in   WILLIAMSON County, State of MontanaTexas: See EXHIBIT A, which is attached to this Deed of Trust and made a part of this Deed of Trust as if fully set forth herein. ENTER LEGAL DESCRIPTION The Real Property or its address is commonly known as  300 X XXXXXX XXXX, MTXXXXXXX, XX 00000. The Real Property tax identification number is R-487427. Grantor presently hereby absolutely assigns to Lender (also known as the Beneficiary in this Deed of Trust) all of Grantor’s right, . title, and interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Grantor Granter grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents. THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL PROPERTY, IS 15 GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS. AND THIS DEED OF TRUST. THIS DEED OF TRUST IS 15 GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: PAYMENT AND ANO PERFORMANCE. Except as otherwise provided in this Deed of Trust, Grantor Granter shall pay to Lender all amounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Grantor’s obligations under the Note, this Deed of Trust, and the Related Documents. PURPOSE OF LOAN. The Note in the amount of $805,000.00 represents, in part or in whole, cash or other financial accommodations advanced or committed by Lxxxxx to Granter on February 10, 2022 at Grantor’s request, of which Granter hereby acknowledges receipt.

Appears in 1 contract

Samples: Business Loan Agreement (Clearday, Inc.)

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