PROMISE TO PAY SECURED. Xxxxxxxx's promise to pay is secured by a deed of trust that is dated the same date as this Note and called the "Security Instrument." That Security Instrument protects the Lender from losses which might result if Borrower defaults under this Note. This Note is a uniform instrument with limited variations in some jurisdictions. The Security Instrument describes how and under what conditions Borrower may be required to make immediate payment in full of all amounts owed under this Note. Some of those conditions are described as follows:
PROMISE TO PAY SECURED. Xxxxxxxx's promise to pay is secured by a mortgage, deed of trust or similar security instrument that is dated the same date as this Note and called the "Security Instrument" or the "Second Security Instrument." The Security Instrument protects the Lender from losses which might result if Borrower defaults under this Second Note. Xxxxxxxx also executed a First Security Instrument and First Note when the Second Security Instrument and Second Note were executed.
PROMISE TO PAY SECURED. The Borrower’s promise to pay is secured by a mortgage, deed of trust or similar security instrument that is dated the same date as this Note and called the “Security Instrument.” The Security Instrument protects the Lender from losses which might result if the Borrower defaults under this Note.
