Common use of PREPARATION AND FILING OF FINANCING STATEMENTS Clause in Contracts

PREPARATION AND FILING OF FINANCING STATEMENTS. Borrower irrevocably authorizes Lender at any time and from time to time to prepare and file, on Borrower’s behalf, all financing statements, amendments thereto and continuation statements under the Uniform Commercial Code necessary or appropriate to establish or maintain the validity, perfection and priority of Lender’s security interest in UCC Collateral. Such financing statements, amendments and continuation statements may be unsigned or, if required to be signed by the applicable office with which Lender intends to file such financing statement, signed only by a representative of Lender.

Appears in 4 contracts

Samples: Multifamily Mortgage, Assignment of Rents, Security Agreement and Fixture Filing, Multifamily Mortgage, Assignment of Rents, Security Agreement and Fixture Filing (Steadfast Income REIT, Inc.), Multifamily Mortgage, Assignment of Rents, Security Agreement and Fixture Filing (Steadfast Apartment REIT III, Inc.)

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