Method of Advances. The proceeds of each Advance disbursed under this Agreement shall be evidenced by the Note and shall be secured by a Deed of Trust, and all such proceeds shall be disbursed into the Funding Disbursement Account.
Appears in 2 contracts
Samples: Credit Loan Agreement, Credit Loan Agreement (TRI Pointe Homes, Inc.)
Method of Advances. The proceeds of each Advance disbursed under this Agreement shall be evidenced by the Note and shall be secured by a Deed of Trust, and all such proceeds shall be disbursed into the Funding Disbursement Central Account.
Appears in 2 contracts
Samples: Credit Loan Agreement (William Lyon Homes), Credit Loan Agreement (William Lyon Homes)
