Common use of Expenses and Advances Secured by Loan Documents Clause in Contracts

Expenses and Advances Secured by Loan Documents. Any and all advances or payments made by Lender under this Article 5 from time to time shall, as and when advanced or incurred, constitute additional indebtedness evidenced by the Note and secured by the Deed of Trust and the other Loan Documents.

Expenses and Advances Secured by Loan Documents. Any and all advances or payments made by Lender under this Article 5 from time to time time, and any amounts expended by Lender pursuant to Section 13.1(a), shall, as and when advanced or incurred, constitute additional indebtedness evidenced by the Note and secured by the Deed of Trust Mortgage and the other Loan Documents.