Release of Deed of Trust. If all of the Secured Indebtedness be paid as the same becomes due and payable and all of the covenants, warranties, undertakings and agreements made in this County Deed of Trust are kept and performed, and all other obligations, if any, of Holder for further advances have been terminated, then, and in that event only, all rights under this County Deed of Trust shall terminate (except to the extent expressly provided herein with respect to indemnifications, representations and warranties and other rights which are to continue following the release hereof) and the Property shall become wholly clear of the liens, security interests, conveyances and assignments evidenced hereby, and such liens and security interests shall be released by Xxxxxx in due form at Grantor's cost. Without limitation, all provisions herein for indemnity of Holder or Trustee shall survive discharge of the Secured Indebtedness, and any foreclosure, release or termination of this County Deed of Trust.
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Samples: After Recording, And Security Agreement, meetings.arlingtonva.us
Release of Deed of Trust. If all of the Secured Indebtedness be paid as the same becomes due and payable and all of the covenants, warranties, undertakings and agreements made in this County Amended and Restated Deed of Trust are kept and performed, and all other obligations, if any, of Holder for further advances have been terminated, then, and in that event only, all rights under this County Amended and Restated Deed of Trust shall terminate (except to the extent expressly provided herein with respect to indemnifications, representations and warranties and other rights which are to continue following the release hereof) and the Property shall become wholly clear of the liens, security interests, conveyances and assignments evidenced hereby, and such liens and security interests shall be released by Xxxxxx Holder in due form at Grantor's cost. Without limitation, all provisions herein for indemnity of Holder or Trustee shall survive discharge of the Secured Indebtedness, and any foreclosure, release or termination of this County Amended and Restated Deed of Trust.
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Samples: Fund Loan Agreement, Loan Agreement
Release of Deed of Trust. If all of the Secured Indebtedness be paid as the same becomes due and payable and all of the covenants, warranties, undertakings and agreements made in this County Deed of Trust are kept and performed, and all other obligations, if any, of Holder for further advances have been terminated, then, and in that event only, all rights under this County Deed of Trust shall terminate (except to the extent expressly provided herein with respect to indemnifications, representations and warranties and other rights which are to continue following the release hereof) and the Property shall become wholly clear of the liens, security interests, conveyances and assignments evidenced hereby, and such liens and security interests shall be released by Xxxxxx Holder in due form at Grantor's ’s cost. Without limitation, all provisions herein for indemnity of Holder or Trustee Grantee shall survive discharge of the Secured Indebtedness, Indebtedness and any foreclosure, release or termination of this County Deed of Trust.
Appears in 2 contracts
Release of Deed of Trust. If all of the Secured Indebtedness be paid as the same becomes due and payable and all of the covenants, warranties, undertakings and agreements made in this County Deed of Trust are kept and performed, and all other obligations, if any, of Holder for further advances have been terminated, then, and in that event only, all rights under this County Deed of Trust shall terminate (except to the extent expressly provided herein with respect to indemnifications, representations and warranties and other rights which are to continue following the release hereof) and the Property shall become wholly clear of the liens, security interests, conveyances and assignments evidenced hereby, and such liens and security interests shall be released by Xxxxxx Holder in due form at Grantor's cost. Without limitation, all provisions herein for indemnity of Holder or Trustee shall survive discharge of the Secured Indebtedness, and any foreclosure, release or termination of this County Deed of Trust.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Release of Deed of Trust. If all of the Secured Indebtedness secured indebtedness be paid as the same becomes due and payable and all of the covenants, warranties, undertakings and agreements made in this County Deed of Trust are kept and performed, and all other obligations, if any, of Holder Holders for further advances have been terminated, then, and in that event only, all rights under this County Deed of Trust shall terminate (except to the extent expressly provided herein with respect to indemnifications, representations and warranties and other rights which are to continue following the release hereof) and the Mortgaged Property shall become wholly clear of the liens, security interests, conveyances and assignments evidenced hereby, and such liens and security interests shall be released by Xxxxxx Agent in due form at Grantor's cost. Without limitation, all provisions herein for indemnity of Holder Agent, Holders, or Trustee shall survive discharge of the Secured Indebtedness, secured indebtedness and any foreclosure, release or termination of this County Deed of Trust.
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Release of Deed of Trust. If all of the Secured Indebtedness secured indebtedness be paid as the same becomes due and payable and all of the covenants, warranties, undertakings and agreements made in this County Deed of Trust are kept and performed, and all other obligations, if any, of Holder Beneficiary for further advances have been terminated, then, and in that event only, all rights under this County Deed of Trust shall terminate (except to the extent expressly provided herein with respect to indemnifications, representations and warranties and other rights which are to continue following the release hereof) and the Mortgaged Property shall become wholly clear of the liens, security interests, conveyances and assignments evidenced hereby, and such liens liens, security interests, conveyances and security interests assignments shall be released by Xxxxxx Beneficiary in due form at GrantorTrustor's cost. Without limitation, all provisions herein for indemnity of Holder Beneficiary or Trustee shall survive discharge of the Secured Indebtedness, secured indebtedness and any foreclosure, release (including a partial release) or termination of this County Deed of Trust.
Appears in 1 contract