DDS Deed of Trust Sample Clauses

DDS Deed of Trust. The Owner shall execute and notarize a Deed of Trust in favor of DDS (the “DDS Deed of Trust”) and cause it to be recorded against the Property. The purpose of such document is to secure the Owner’s obligations to DDS, including the obligations under the Regulatory Agreement.
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DDS Deed of Trust. At the time HDO becomes the fee owner of the Property, HDO shall execute and notarize a Deed of Trust in favor of DDS (the “DDS Deed of Trust”) and cause it to be recorded against the Property. The form of the DDS Deed of Trust shall be the same as the form attached as an exhibit to the CPP/CRDP Guidelines. The purpose of such document is to secure HDO’s obligations to DDS, including HDO’s obligations under the Restrictive Covenant. HDO agrees to execute amendments and modifications to the DDS Deed of Trust as reasonably requested by DDS. At all times during HDO’s ownership of the Property, HDO shall comply with all of the provisions in the DDS Deed of Trust applicable to the Property.
Sample 1

Related to DDS Deed of Trust

  • Security Agreement The words "Security Agreement" mean and include without limitation any agreements, promises, covenants, arrangements, understandings or other agreements, whether created by law, contract, or otherwise, evidencing, governing, representing, or creating a Security Interest.