Removal of Goods. The Borrower will not remove or permit to be removed any item included in the Goods Collateral from the Land, unless the same is replaced immediately with unencumbered Goods Collateral (1) of a quality and value equal or superior to that which it replaces and (2) which is located on the Land. All such replacements, renewals, and additions shall become and be immediately subject to the security interest of this Deed of Trust.
Appears in 3 contracts
Samples: Deed of Trust, Security Agreement and Fixture Filing, Deed of Trust, Security Agreement and Fixture Filing (Consolidated Capital Growth Fund), Deed of Trust, Security Agreement and Fixture Filing (United Investors Income Properties)
Removal of Goods. The Borrower will not remove or permit to be removed any item included in the Goods Collateral from the Land, unless the same is replaced immediately with unencumbered Goods Collateral (1) of a quality and value equal or superior to that which it replaces and (2) which is located on the Land. All such replacements, renewals, and additions shall become and be immediately subject to the security interest of this Deed of TrustMortgage.
Appears in 2 contracts
Samples: Future Advance Mortgage (Oxford Residential Properties I LTD Partnership), Future Advance Mortgage (Angeles Partners X)
Removal of Goods. The Borrower will not remove or permit to be removed any item included in the Goods Collateral from the Land, unless the same is replaced immediately with unencumbered Goods Collateral (1) of a quality and value equal or superior to that which it replaces and (2) which is located on the Land. All such replacements, renewals, and additions shall become and be immediately subject to the security interest of this Deed of Trust.
Appears in 2 contracts
Samples: Deed of Trust, Security Agreement and Fixture Filing (RREEF Property Trust, Inc.), Deed of Trust, Security Agreement and Fixture Filing (AmREIT, Inc.)
Removal of Goods. The Borrower will not remove or permit to be removed any item included in the Goods Collateral from the Land, unless the same is replaced immediately with unencumbered Goods Collateral (1) of a quality and value equal or superior to that which it replaces and (2) which is located on the Land. All such replacements, renewals, and additions shall become and be immediately subject to the security interest of this Deed of TrustMortgage.
Appears in 1 contract
Samples: Open End Mortgage Deed, Security Agreement and Fixture Filing (GTJ Reit, Inc.)
Removal of Goods. The Borrower will not remove or permit to be removed any item included in the detached Fixtures or Goods Collateral that may become Fixtures from the Land, unless the same is replaced immediately with unencumbered Goods Collateral assets (1) of a quality and value equal or superior to that which it replaces and (2) which is located on the Land. All such replacements, renewals, and additions shall become and be immediately subject to the security interest of this Deed of Trust.
Appears in 1 contract
