Common use of Security Agreement and Financing Statement Under Uniform Commercial Code Clause in Contracts

Security Agreement and Financing Statement Under Uniform Commercial Code. Mortgagor (being a debtor as that term is used in the Uniform Commercial Code of the State of New Mexico as in effect from time to time (herein called the “Code”) as security for payment of the Note, hereby grants a security interest in any part of the Mortgaged Premises other than real estate (all for the purposes of this Article called “Collateral”), including any proceeds generated therefrom (although such coverage shall not be interpreted to mean that Mortgagee consents to the sale of any of the Collateral), to Mortgagee (being the secured party as that term is used in the Code) and hereby authorizes Mortgagee to file financing statements covering the Collateral. This Mortgage constitutes a security agreement and a financing statement, including a fixture financing statement, under the Code. All of the terms, provisions, conditions and agreements contained in this Mortgage pertain and apply to the Collateral as fully and to the same extent as to any other property comprising the Mortgaged Premises; and the following provisions of this Article shall not limit the generality or applicability of any other provision of this Mortgage but shall be in addition thereto.

Appears in 2 contracts

Samples: First Mortgage, Security Agreement and Fixture Filing (Cole Credit Property Trust III, Inc.), Junior Mortgage, Security Agreement and Fixture Filing (Cole Credit Property Trust III, Inc.)

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Security Agreement and Financing Statement Under Uniform Commercial Code. Mortgagor (being a debtor as that term is used in the Uniform Commercial Code of the State of New Mexico Arkansas) as in effect from time to time (herein called the “Code”) ), as security for payment of the Note, hereby grants a security interest in any part of the Mortgaged Premises other than real estate (all for the purposes of this Article Section called “Collateral”)) now or in the future owned by Mortgagor, including any proceeds generated therefrom (although such coverage shall not be interpreted to mean that Mortgagee consents to the sale of any of the Collateral), to Mortgagee (being the secured party as that term is used in the Code) and hereby authorizes Mortgagee to file financing statements covering the Collateral. This Mortgage Security Instrument constitutes a security agreement and a financing statement, including a fixture financing statement, under the Code. All of the terms, provisions, conditions and agreements contained in this Mortgage Security Instrument pertain and apply to the Collateral as fully and to the same extent as to any other property comprising the Mortgaged Premises; and the following provisions of this Article Section shall not limit the generality or applicability of any other provision of this Mortgage Security Instrument but shall be in addition thereto.

Appears in 1 contract

Samples: Mortgage, Security Agreement and Fixture Filing (HC Government Realty Trust, Inc.)

Security Agreement and Financing Statement Under Uniform Commercial Code. Mortgagor (being a debtor as that term is used in the Uniform Commercial Code of the State of New Mexico Connecticut) as in effect from time to time (herein called the “Code”) as security for payment of the Note, hereby grants a security interest in any part of the Mortgaged Premises other than real estate (all for the purposes of this Article called “Collateral”), including any proceeds generated therefrom (although such coverage shall not be interpreted to mean that Mortgagee consents to the sale of any of the Collateral), to Mortgagee (being the secured party as that term is used in the Code) and hereby authorizes Mortgagee to file financing statements covering the Collateral. This Mortgage constitutes a security agreement and a financing statement, including a fixture financing statement, under the Code. All of the terms, provisions, conditions and agreements contained in this Mortgage pertain and apply to the Collateral as fully and to the same extent as to any other property comprising the Mortgaged Premises; and the following provisions of this Article shall not limit the generality or applicability of any other provision of this Mortgage but shall be in addition thereto.

Appears in 1 contract

Samples: Open End First Mortgage Deed, Security Agreement and Fixture Filing (GTJ REIT, Inc.)

Security Agreement and Financing Statement Under Uniform Commercial Code. Mortgagor (being a debtor as that term is used in the Uniform Commercial Code of the State of New Mexico Oklahoma as in effect from time to time (herein called the “Code”) ), as security for payment of the Note, hereby grants a security interest in any part of the Mortgaged Premises other than real estate (all for the purposes of this Article called “Collateral”), including any proceeds generated therefrom (although such coverage shall not be interpreted to mean that Mortgagee consents to the sale of any of the Collateral), to Mortgagee (being the secured party as that term is used in the Code) and hereby authorizes Mortgagee to file financing statements covering the Collateral. This Mortgage constitutes a security agreement and a financing statement, including a fixture financing statement, under the Code. All of the terms, provisions, conditions and agreements contained in this Mortgage pertain and apply to the Collateral as fully and to the same extent as to any other property comprising the Mortgaged Premises; and the following provisions of this Article shall not limit the generality or applicability of any other provision of this Mortgage but shall be in addition thereto.

Appears in 1 contract

Samples: First Mortgage, Security Agreement and Fixture Filing (Cole Credit Property Trust III, Inc.)

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Security Agreement and Financing Statement Under Uniform Commercial Code. Mortgagor (being a debtor as that term is used in the Uniform Commercial Code of the State of New Mexico Arkansas) as in effect from time to time (herein called the “Code”) ), as security for payment and performance of the NoteAffiliate Guaranty, hereby grants a security interest in any part of the Mortgaged Premises other than real estate (all for the purposes of this Article Section called “Collateral”)) now or in the future owned by Mortgagor, including any proceeds generated therefrom (although such coverage shall not be interpreted to mean that Mortgagee consents to the sale of any of the Collateral), to Mortgagee (being the secured party as that term is used in the Code) and hereby authorizes Mortgagee to file financing statements covering the Collateral. This Mortgage Security Instrument constitutes a security agreement and a financing statement, including a fixture financing statementstatement covering fixtures, under the Code. All of the terms, provisions, conditions and agreements contained in this Mortgage Security Instrument pertain and apply to the Collateral as fully and to the same extent as to any other property comprising the Mortgaged Premises; and the following provisions of this Article Section shall not limit the generality or applicability of any other provision of this Mortgage Security Instrument but shall be in addition thereto.

Appears in 1 contract

Samples: Junior Mortgage, Security Agreement and Fixture Filing (HC Government Realty Trust, Inc.)

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