Real Property – Parcel #1 Clause Samples

Real Property – Parcel #1. (a) The Borrower’s obligations to the Bank under this Agreement will be secured by a lien covering the following real property owned by ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ The Bank’s lien may be junior to the existing first and second liens on the real property.