Loan Repayment and Defeasance. Provided no Event of Default exists, the Lien of this Deed of Trust shall be terminated, released and reconveyed of record by Beneficiary (and the Trustee, to the extent required by law to effect a full and proper termination, release and reconveyance) prior to the Maturity Date only in accordance with the terms and provisions set forth in the Loan Documents.
Appears in 2 contracts
Samples: Rents and Security Agreement (GK Investment Holdings, LLC), Preferred Income Ii (GK Investment Property Holdings II LLC)
Loan Repayment and Defeasance. Provided no Event of Default exists, the Lien of this Deed of Trust shall be terminated, released and reconveyed re-conveyed of record by Beneficiary (and the Trustee, to the extent required by law to effect affect a full and proper termination, release and reconveyance) prior to the Maturity Date only in accordance with the terms and provisions set forth in the Loan DocumentsAgreement.
Appears in 2 contracts
Samples: And Security Agreement (Medalist Diversified REIT, Inc.), And Security Agreement (Medalist Diversified REIT, Inc.)
Loan Repayment and Defeasance. Provided no Event of Default exists, the Lien of this Deed of Trust shall be terminated, released and reconveyed of record by Beneficiary (and the Trustee, to the extent required by law to effect a full and proper termination, release and reconveyance) prior to the Maturity Date only in accordance with the terms and provisions set forth in the Loan DocumentsAgreement.
Appears in 2 contracts
Samples: Security Agreement (Terra Tech Corp.), Security Agreement (Terra Tech Corp.)
