Common use of Further Assurances; After-Acquired Property Clause in Contracts

Further Assurances; After-Acquired Property. At any time, and from time to time, upon request by the Beneficiary, the Grantor will make, execute and deliver or cause to be made, executed and delivered, to the Beneficiary and/or the Trustee and, where appropriate, cause to be recorded and/or filed and from time to time thereafter to be re-recorded and/or refiled at such time and in such offices and places as shall be deemed desirable by the Beneficiary, any and all such other and further deeds of trust, security agreements, financing statements, continuation statements, instruments of further assurance, certificates and other documents as may, in the opinion of the Beneficiary, be necessary or desirable in order to effectuate, complete, or perfect, or to continue and preserve (1) the obligations of the Grantor under the Installment Financing Contract or this Deed of Trust and (2) the status as first and prior lien upon and security title in and to, subject to Permitted Encumbrances, all of the Mortgaged Property, whether now owned or hereafter acquired by the Grantor, created under this Deed of Trust.

Appears in 3 contracts

Samples: Security Agreement and Fixture Filing, Security Agreement and Fixture Filing, Fixture Filing

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Further Assurances; After-Acquired Property. At any time, and from time to time, upon request by the Beneficiary, the Grantor will make, execute and deliver or cause to be made, executed and delivered, to the Beneficiary and/or the Trustee and, where appropriate, cause to be recorded and/or filed and from time to time thereafter to be re-recorded and/or refiled at such time and in such offices and places as shall be deemed desirable by the Beneficiary, any and all such other and further deeds of trustto secure debt, security agreements, financing statements, continuation statements, instruments of further assurance, certificates and other documents as may, in the reasonable opinion of the Beneficiary, be necessary or desirable in order to effectuate, complete, or perfect, or to continue and preserve (1a) the obligations obligation of the Grantor under the Installment Financing Contract or Note and under this Deed, and (b) the lien of this Deed of Trust and (2) the status as first and prior a lien upon and security title in and to, subject to Permitted Encumbrances, all of the Mortgaged PropertyPremises, whether now owned or hereafter acquired by Grantor. Upon any failure by Grantor so to do, the GrantorBeneficiary may make, created under this Deed of Trust.execute, record, file, re-record

Appears in 1 contract

Samples: Loan and Security Agreement (Mego Financial Corp)

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Further Assurances; After-Acquired Property. At any time, and from time to time, upon request by the Beneficiary, the Grantor will make, execute and deliver or cause to be made, executed and delivered, to the Beneficiary and/or the Trustee and, where appropriate, cause to be recorded and/or filed and from time to time thereafter to be re-recorded and/or refiled at such time and in such offices and places as shall be deemed desirable by the Beneficiary, any and all such other and further deeds of trust, security agreements, financing statements, continuation statements, instruments of further assurance, certificates and other documents as may, in the opinion of the Beneficiary, be necessary or desirable in order to effectuate, complete, or perfect, or to continue and preserve (1) the obligations of the Grantor under the Installment Financing Contract or this Deed of Trust and (2) the status security interest created under this Deed of Trust as a first and prior lien upon upon, and security title in and to, subject to Permitted Encumbrances, all of the Mortgaged Property, subject to Permitted Encumbrances, whether now owned or hereafter acquired by the Grantor, created under this Deed of Trust.

Appears in 1 contract

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net

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