Common use of Security Agreement, Financing Statement and Fixture Filing Clause in Contracts

Security Agreement, Financing Statement and Fixture Filing. This Mortgage will be deemed to be and may be enforced from time to time as an assignment, chattel mortgage, contract, deed of trust, financing statement, real estate mortgage, or security agreement, and from time to time as any one or more thereof if appropriate under applicable state law. As a financing statement, this Mortgage is intended to cover all Personalty Collateral including Mortgagor’s interest in all Hydrocarbons as and after they are extracted and all accounts arising from the sale thereof at the wellhead. THIS MORTGAGE SHALL BE EFFECTIVE AS A FINANCING STATEMENT FILED AS A FIXTURE FILING WITH RESPECT TO FIXTURE COLLATERAL INCLUDED WITHIN THE COLLATERAL. This Mortgage shall be filed in the real estate records or other appropriate records of the county or counties in the state in which any part of the Realty Collateral and Fixture Collateral is located as well as the Uniform Commercial Code records of the Secretary of State or other appropriate office of the state in which any Collateral or Mortgagor is located. At Mortgagee’s request Mortgagor shall deliver financing statements covering the Personalty Collateral, including all Hydrocarbons sold at the wellhead, and Fixture Collateral, which financing statements may be filed in the Uniform Commercial Code records of the Secretary of State or other appropriate office of the state in which any of the Collateral or Mortgagor is located or in the county where any of the Collateral is located. Furthermore, Mortgagor hereby irrevocably authorizes Mortgagee and any affiliate, employee or agent thereof, at any time and from time to time, to file in any Uniform Commercial Code jurisdiction any financing statement or document and amendments thereto, without the signature of Mortgagor where permitted by law, in order to perfect or maintain the perfection of any security interest granted under this Mortgage. A photographic or other reproduction of this Mortgage shall be sufficient as a financing statement.

Appears in 4 contracts

Samples: Subordinated Credit Agreement (Cano Petroleum, Inc), Credit Agreement (Cano Petroleum, Inc), Credit Agreement (Cano Petroleum, Inc)

AutoNDA by SimpleDocs

Security Agreement, Financing Statement and Fixture Filing. This Mortgage Deed of Trust will be deemed to be and may be enforced from time to time as an assignment, chattel mortgage, contract, deed of trust, financing statement, real estate mortgage, or security agreement, and from time to time as any one or more thereof if appropriate under applicable state law. As a financing statementAS A FINANCING STATEMENT, this Mortgage is intended to cover all Personalty Collateral including Mortgagor’s interest in all Hydrocarbons as and after they are extracted and all accounts arising from the sale thereof at the wellheadTHIS DEED OF TRUST IS INTENDED TO COVER ALL PERSONALTY COLLATERAL INCLUDING MORTGAGOR’S INTEREST IN ALL HYDROCARBONS AS AND AFTER THEY ARE EXTRACTED AND ALL ACCOUNTS ARISING FROM THE SALE THEREOF AT THE WELLHEAD. THIS MORTGAGE DEED OF TRUST SHALL BE EFFECTIVE AS A FINANCING STATEMENT FILED AS A FIXTURE FILING WITH RESPECT TO FIXTURE COLLATERAL INCLUDED WITHIN THE COLLATERALMORTGAGED PROPERTY. This Mortgage Deed of Trust shall be filed in the real estate records or other appropriate records of the county or counties in the state in which any part of the Realty Collateral and Fixture Collateral is located as well as the Uniform Commercial Code records of the Secretary of State or other appropriate office of the state in which any Collateral or Mortgagor Mortgaged Property is located. At Mortgagee’s request request, Mortgagor shall deliver execute financing statements covering the Personalty Collateral, including all Hydrocarbons sold at the wellhead, Collateral and Fixture Collateral, which financing statements may be filed in the Uniform Commercial Code records of the Secretary of State or other appropriate office of the county or state in which any of the Collateral or Mortgagor is located or in any other location permitted or required to perfect Mortgagee’s security interest under the county where any of the Collateral is locatedUniform Commercial Code. FurthermoreIn addition, Mortgagor hereby irrevocably authorizes Mortgagee and any affiliate, employee or agent thereof, at any time and from time to time, to file in any Uniform Commercial Code jurisdiction any financing statement or document and amendments thereto, without the signature of Mortgagor where permitted by law, in order to perfect or maintain the perfection of any security interest granted under this MortgageDeed of Trust. A photographic or other reproduction of this Mortgage Deed of Trust shall be sufficient as a financing statement.

Appears in 3 contracts

Samples: Credit Agreement (Holly Energy Partners Lp), Credit Agreement (Holly Energy Partners Lp), Credit Agreement (Holly Energy Partners Lp)

Security Agreement, Financing Statement and Fixture Filing. This Mortgage Deed of Trust will be deemed to be and may be enforced from time to time as an assignment, chattel mortgage, contract, deed of trust, financing statement, real estate mortgage, or security agreement, and from time to time as any one or more thereof if appropriate under applicable state law. As a financing statement, this Mortgage Deed of Trust is intended to cover all Personalty Collateral including Mortgagor’s interest in all Hydrocarbons as and after they are extracted and all accounts arising from the sale thereof at the wellhead. THIS MORTGAGE DEED OF TRUST SHALL BE EFFECTIVE AS A FINANCING STATEMENT FILED AS A FIXTURE FILING WITH RESPECT TO FIXTURE COLLATERAL INCLUDED WITHIN THE COLLATERAL. This Mortgage Deed of Trust shall be filed in the real estate records or other appropriate records of the county or counties in the state in which any part of the Realty Collateral and Fixture Collateral is located as well as the Uniform Commercial Code records of the Secretary of State or other appropriate office of the state in which any Collateral or where the Mortgagor is locatedregistered. At Mortgagee’s request Mortgagor shall deliver execute financing statements covering the Personalty Collateral, including all Hydrocarbons sold at the wellhead, and Fixture Collateral, which financing statements may be filed in the Uniform Commercial Code records of the Secretary of State or other appropriate office of the state in which any of the Collateral or Mortgagor is located or in the county where any of the Collateral Mortgagor is locatedregistered. Furthermore, Mortgagor hereby irrevocably authorizes Mortgagee and any affiliate, employee or agent thereof, at any time and from time to time, to file in any Uniform Commercial Code jurisdiction any financing statement or document and amendments thereto, without the signature of Mortgagor where permitted by law, in order to perfect or maintain the perfection of any security interest granted under this MortgageDeed of Trust. A photographic or other reproduction of this Mortgage Deed of Trust shall be sufficient as a financing statement.

Appears in 2 contracts

Samples: Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.)

Security Agreement, Financing Statement and Fixture Filing. This Mortgage Deed of Trust will be deemed to be and may be enforced from time to time as an assignment, chattel mortgage, contract, deed of trust, financing statement, real estate mortgage, or security agreement, and from time to time as any one or more thereof if appropriate under applicable state law. As a financing statementAS A FINANCING STATEMENT, this Mortgage is intended to cover all Personalty Collateral including Mortgagor’s interest in all Hydrocarbons as and after they are extracted and all accounts arising from the sale thereof at the wellheadTHIS DEED OF TRUST IS INTENDED TO COVER ALL PERSONALTY COLLATERAL INCLUDING MORTGAGOR'S INTEREST IN ALL HYDROCARBONS AS AND AFTER THEY ARE EXTRACTED AND ALL ACCOUNTS ARISING FROM THE SALE THEREOF AT THE WELLHEAD. THIS MORTGAGE DEED OF TRUST SHALL BE EFFECTIVE AS A FINANCING STATEMENT FILED AS A FIXTURE FILING WITH RESPECT TO FIXTURE COLLATERAL INCLUDED WITHIN THE COLLATERAL. This Mortgage Deed of Trust shall be filed in the real estate records or other appropriate records of the county or counties in the state in which any part of the Realty Collateral and Fixture Collateral is located as well as the Uniform Commercial Code records of the Secretary of State or other appropriate office of the state in which any Collateral or Mortgagor is located. At Mortgagee’s request 's request, Mortgagor shall deliver execute financing statements covering the Personalty Collateral, including all Hydrocarbons sold at the wellhead, and Fixture Collateral, which financing statements may be filed in the Uniform Commercial Code records of the Secretary of State or other appropriate office of the county or state in which any of the Collateral or Mortgagor is located or in any other location permitted or required to perfect Mortgagee's security interest under the county where any of the Collateral is locatedUniform Commercial Code. FurthermoreIn addition, Mortgagor hereby irrevocably authorizes Mortgagee and any affiliate, employee or agent thereof, at any time and from time to time, to file in any Uniform Commercial Code jurisdiction any financing statement or document and amendments thereto, without the signature of Mortgagor where permitted by law, in order to perfect or maintain the perfection of any security interest granted under this MortgageDeed of Trust. A photographic or other reproduction of this Mortgage Deed of Trust shall be sufficient as a financing statement.

Appears in 2 contracts

Samples: Credit Agreement (Mariner Energy Resources, Inc.), Credit Agreement (Mariner Energy Inc)

Security Agreement, Financing Statement and Fixture Filing. This Mortgage Deed of Trust will be deemed to be and may be enforced from time to time as an assignment, chattel mortgage, contract, deed of trust, financing statement, real estate mortgage, or security agreement, and from time to time as any one or more thereof if appropriate under applicable state law. As a financing statement, this Mortgage Deed of Trust is intended to cover all Personalty Collateral of the Personal Property and Fixtures including Mortgagor’s Grantor's right, title and interest in all Hydrocarbons as and after they are extracted and all accounts arising from the sale thereof at the wellhead. THIS MORTGAGE SHALL BE EFFECTIVE AS A FINANCING STATEMENT FILED AS A FIXTURE FILING WITH RESPECT TO FIXTURE COLLATERAL INCLUDED WITHIN THE COLLATERAL, except for any portion of the foregoing that consists of Excluded Property. This Mortgage Deed of Trust shall be effective as a financing statement filed as a fixture filing with respect to ANY FIXTURE included within the Trust Estate. This Deed of Trust shall be filed in the real estate records or other appropriate records of the county or counties in the state in which any part of the Realty Collateral Land and Fixture Collateral is Fixtures are located as well as the Uniform Commercial Code records of the Secretary of State or other appropriate office of the state in which any Collateral or Mortgagor Trust Estate is located. At Mortgagee’s Beneficiary's request Mortgagor Grantor shall deliver execute financing statements covering the Personalty CollateralPersonal Property and Fixtures, including all Hydrocarbons sold at the wellhead, and Fixture Collateralexcluding Excluded Property, which financing statements may be filed in the Uniform Commercial Code records of the Secretary of State or other appropriate office of the state in which any of the Collateral or Mortgagor Trust Estate is located or where Grantor has its principal place of business or in the county where any Grantor has its principal place of the Collateral is locatedbusiness. Furthermore, Mortgagor Grantor hereby irrevocably authorizes Mortgagee Beneficiary and any affiliate, employee or agent thereof, at any time and from time to time, to file in any Uniform Commercial Code jurisdiction any financing statement or document and amendments thereto, without the signature of Mortgagor Grantor where permitted by law, in order to perfect or maintain the perfection of cause any security interest granted under this MortgageDeed of Trust to be and remain an Acceptable Security Interest. A photographic or other reproduction of this Mortgage Deed of Trust shall be sufficient as a financing statement.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Lyondell Chemical Co), Term Credit Agreement (Lyondell Chemical Co)

Security Agreement, Financing Statement and Fixture Filing. This Mortgage Deed of Trust will be deemed to be and may be enforced from time to time as an assignment, chattel mortgage, contract, deed of trust, financing statement, real estate mortgage, or security agreement, and from time to time as any one or more thereof if appropriate under applicable state law. As a financing statementAS A FINANCING STATEMENT, this Mortgage is intended to cover all Personalty Collateral including Mortgagor’s interest in all Hydrocarbons as and after they are extracted and all accounts arising from the sale thereof at the wellheadTHIS DEED OF TRUST IS INTENDED TO COVER ALL PERSONALTY COLLATERAL INCLUDING MORTGAGOR'S INTEREST IN ALL HYDROCARBONS AS AND AFTER THEY ARE EXTRACTED AND ALL ACCOUNTS ARISING FROM THE SALE THEREOF AT THE WELLHEAD. THIS MORTGAGE DEED OF TRUST SHALL BE EFFECTIVE AS A FINANCING STATEMENT FILED AS A FIXTURE FILING WITH RESPECT TO FIXTURE COLLATERAL INCLUDED WITHIN THE COLLATERAL. This Mortgage Deed of Trust shall be filed in the real estate records or other appropriate records of the county or counties in the state in which any part of the Realty Collateral and Fixture Collateral is located as well as the Uniform Commercial Code records of the Secretary of State or other appropriate office of the state in which any Collateral or the Mortgagor is located. At Mortgagee’s request 's request, Mortgagor shall deliver financing statements covering the Personalty Collateral, including all Hydrocarbons sold at the wellhead, and Fixture Collateral, which financing statements may be filed in the Uniform Commercial Code records of the Secretary of State or other appropriate office of the county or state in which any of the Collateral or Mortgagor is located or in any other location permitted or required to perfect Mortgagee's security interest under the county where any of the Collateral is locatedUniform Commercial Code. FurthermoreIn addition, Mortgagor hereby irrevocably authorizes Mortgagee and any affiliate, employee or agent thereof, at any time and from time to time, to file in any Uniform Commercial Code jurisdiction any financing statement or document and amendments thereto, without the signature of Mortgagor where permitted by law, in order to perfect or maintain the perfection of any security interest granted under this MortgageDeed of Trust. A photographic or other reproduction of this Mortgage Deed of Trust shall be sufficient as a financing statement.

Appears in 1 contract

Samples: Credit Agreement (Isramco Inc)

Security Agreement, Financing Statement and Fixture Filing. This Mortgage Deed of Trust will be deemed to be and may be enforced from time to time as an assignment, chattel mortgage, contract, deed of trust, financing statement, real estate mortgage, or security agreement, and from time to time as any one or more thereof if appropriate under applicable state lawGovernmental Requirement. As a financing statement, this Mortgage Deed of Trust is intended to cover all Personalty Collateral including Mortgagor’s interest in all “as-extracted collateral” (including, without limitation, all Hydrocarbons as and after they are extracted and all accounts arising from the sale thereof at the wellhead). THIS MORTGAGE DEED OF TRUST SHALL BE EFFECTIVE AS A FINANCING STATEMENT FILED AS A FIXTURE FILING WITH RESPECT TO FIXTURE COLLATERAL INCLUDED WITHIN THE COLLATERAL AND AS AN AS-EXTRACTED COLLATERAL FILING WITH RESPECT TO AS-EXTRACTED COLLATERAL INCLUDED WITHIN THE COLLATERAL. This Mortgage Deed of Trust shall be filed in the real estate records or other appropriate records of the county or counties in the state in which any part of the Realty Collateral and Fixture Collateral is located located, as well as the Uniform Commercial Code records of the Secretary of State or other appropriate office of the state in which any Collateral is located or Mortgagor is locatedregistered as a limited liability company. At Mortgagee’s request request, Mortgagor shall deliver financing statements covering the Personalty Collateral, including all Hydrocarbons sold at the wellhead, and Fixture Collateral, which financing statements may be filed in the Uniform Commercial Code records of the Secretary of State or other appropriate office of the state in which any of the Collateral is located or Mortgagor is located or in the county where any of the Collateral is locatedregistered as a limited liability company. Furthermore, Mortgagor Xxxxxxxxx hereby irrevocably authorizes Mortgagee and any affiliate, employee employee, or agent thereof, at any time and from time to time, to file in any Uniform Commercial Code jurisdiction any financing statement or document and amendments thereto, without the signature of Mortgagor where permitted by lawGovernmental Requirement, in order to perfect or maintain the perfection of any security interest granted under this MortgageDeed of Trust. A photographic or other reproduction of this Mortgage Deed of Trust shall be sufficient as a financing statement. This Deed of Trust shall be deemed to be a fixture financing statement and as-extracted collateral financing statement within the meaning of the Uniform Commercial Code in effect in the State of Texas and for such purpose the following information is furnished: (a) Name and Address of Debtor: See name and address of Mortgagor in Section 7.12. (b) Type of organization and jurisdiction of organization of Debtor (if applicable): Delaware limited liability company. (c) Name and Address of Secured Party: See name and address of Mortgagee in Section 7.12. (d) Description of the types (or items) of property covered by this Financing Statement: Fixtures and as-extracted collateral (including, without limitation, all Hydrocarbons as and after they are extracted and all accounts arising from the sale thereof at the wellhead). (e) Description of the real estate to which the collateral is attached or upon which it is located: See Exhibit A attached hereto. (f) Record owner of real estate: The Debtor has an interest of record in the real property described in the instruments identified on Exhibit A.

Appears in 1 contract

Samples: Second Lien Security Agreement

AutoNDA by SimpleDocs

Security Agreement, Financing Statement and Fixture Filing. This Mortgage will shall be deemed to be effective as and may be enforced from time to time as an assignment, chattel mortgage, contract, deed of trustconstitute a security agreement, financing statement, real estate mortgage, or security agreement, and from time fixture filing within the meaning of the Uniform Commercial Code as in effect in the State of South Carolina and is to time as any one or more thereof if appropriate under applicable state law. As a financing statement, this Mortgage is intended to cover all Personalty Collateral including Mortgagor’s interest in all Hydrocarbons as and after they are extracted and all accounts arising from the sale thereof at the wellhead. THIS MORTGAGE SHALL BE EFFECTIVE AS A FINANCING STATEMENT FILED AS A FIXTURE FILING WITH RESPECT TO FIXTURE COLLATERAL INCLUDED WITHIN THE COLLATERAL. This Mortgage shall be filed in the real estate records or other appropriate records in lieu of a financing statement as a fixture filing pursuant to the county or counties UCC. Insofar as any item of property included in the state Secured Property which is or might be deemed to be “personal property” is concerned, this Mortgage is hereby made and declared to be a security agreement, granting a security interest in which any part and to each and every item of such property included in the Realty Collateral and Fixture Collateral is located Secured Property (hereinafter collectively referred to as well as the “Collateral”), in compliance with the provisions of the Uniform Commercial Code records as enacted in the State of South Carolina. A financing statement or statements reciting this Mortgage to be a security agreement, covering all of the Secretary of State or other appropriate office Collateral, shall be appropriately filed. The remedies for any violation of the state covenants, terms and conditions of the security agreement herein contained shall be (i) as prescribed herein, or (ii) as prescribed by general law, or (iii) as prescribed by the specific statutory consequences now or hereafter enacted and specified in which any Collateral or Mortgagor is located. At said Uniform Commercial Code, all at Mortgagee’s request Mortgagor sole election. The mention of any such financing statement(s) of the rights in and to the proceeds of any hazard insurance policy, or any award in eminent domain proceedings for a taking or for loss of value, or Mortgagor’s interest as lessor in any present or future lease or rights to income growing out of the use and/or occupancy of the Secured Property, whether pursuant to lease or otherwise, shall deliver never be construed as in any way altering any of the rights of Mortgagee as determined by this instrument or impugning the priority of Mortgagee’s lien granted hereby or by any other recorded document, but such mention in such financing statements covering statement(s) is declared to be for the Personalty Collateralprotection of Mortgagee in the event any court shall at any time hold, including all Hydrocarbons sold at the wellheadwith respect to any such matter, and Fixture Collateralthat notice of Mortgagee’s priority of interest, which financing statements may to be effective against a particular class of persons, must be filed in the Uniform Commercial Code records records. Mortgagor warrants that (i) Mortgagor’s (that is, “Debtor’s”) name, identity or organizational structure and residence or principal place of business are as set forth in Exhibit B attached hereto and by this reference made a part hereof; (ii) Mortgagor (that is, “Debtor”) has been using or operating under said name, identity or organizational structure without change for the time period set forth in Exhibit B attached hereto and by this reference made a part hereof; and (iii) the location of all collateral constituting fixtures is upon the Land. Mortgagor covenants and agrees that Mxxxxxxxx will furnish Mortgagee with notice of any change in name, identity, organizational structure, residence or principal place of business within sixty (60) days of the Secretary effective date of State any such change and Mortgagor authorizes Mortgagee to file any financing statements or other appropriate office of the state in which instruments deemed necessary by Mortgagee to prevent any of the Collateral or Mortgagor is located or in the county where any of the Collateral is located. Furthermore, Mortgagor hereby irrevocably authorizes Mortgagee and any affiliate, employee or agent thereof, at any time and from time to time, to file in any Uniform Commercial Code jurisdiction any filed financing statement from becoming misleading or document and amendments thereto, without the signature of Mortgagor where permitted by law, losing its perfected status. The information contained in this Section 5.27 is provided in order to perfect or maintain the perfection of any security interest granted under this Mortgage. A photographic or other reproduction of that this Mortgage shall comply with the requirements of the Uniform Commercial Code, as enacted in the State of South Carolina, for instruments to be sufficient filed as financing statements. The names of the “Debtor” and the “Secured Party”, the identity or organizational structure and residence or principal place of business of “Debtor”, and the time period for which “Debtor” has been using or operating under said name and identity or organizational structure without change, are as set forth in Schedule 1 of Exhibit B attached hereto and by this reference made a financing statementpart hereof; the mailing address of the “Secured Party” from which information concerning the security interest may be obtained, and the mailing address of “Debtor”, are as set forth in Schedule 2 of said Exhibit B attached hereto; and a statement indicating the types, or describing the items, of collateral is set forth in this Mortgage.

Appears in 1 contract

Samples: Mortgage Agreement (Arrived Homes, LLC)

Security Agreement, Financing Statement and Fixture Filing. This Mortgage will be deemed to be and may be enforced from time to time as an assignment, chattel mortgage, contract, deed of trust, financing statement, real estate mortgage, or security agreement, and from time to time as any one or more thereof if appropriate under applicable state law. As a financing statementAS A FINANCING STATEMENT, this Mortgage is intended to cover all Personalty Collateral including Mortgagor’s interest in all Hydrocarbons as and after they are extracted and all accounts arising from the sale thereof at the wellheadTHIS MORTGAGE IS INTENDED TO COVER ALL PERSONALTY COLLATERAL INCLUDING MORTGAGOR'S INTEREST IN ALL HYDROCARBONS AS AND AFTER THEY ARE EXTRACTED AND ALL ACCOUNTS ARISING FROM THE SALE THEREOF AT THE WELLHEAD. THIS MORTGAGE SHALL BE EFFECTIVE AS A FINANCING STATEMENT FILED AS A FIXTURE FILING WITH RESPECT TO FIXTURE COLLATERAL INCLUDED WITHIN THE COLLATERAL. This Mortgage shall be filed in the real estate records or other appropriate records of the county or counties in the state in which any part of the Realty Collateral and Fixture Collateral is located as well as the Uniform Commercial Code records of the Secretary of State or other appropriate office of the state in which any Collateral or the Mortgagor is located. At the Mortgagee’s request 's request, the Mortgagor shall deliver financing statements covering the Personalty Collateral, including all Hydrocarbons sold at the wellhead, and Fixture Collateral, which financing statements may be filed in the Uniform Commercial Code records of the Secretary of State or other appropriate office of the county or state in which any of the Collateral or Mortgagor is located or in any other location permitted or required to perfect the county where any of Mortgagee's security interest under the Collateral is locatedUniform Commercial Code. FurthermoreIn addition, the Mortgagor hereby irrevocably authorizes the Mortgagee and any affiliate, employee or agent thereof, at any time and from time to time, to file in any Uniform Commercial Code jurisdiction any financing statement or document and amendments thereto, without the signature of the Mortgagor where permitted by law, in order to perfect or maintain the perfection of any security interest granted under this Mortgage. A photographic or other reproduction of this Mortgage shall be sufficient as a financing statement.

Appears in 1 contract

Samples: Credit Agreement (Isramco Inc)

Security Agreement, Financing Statement and Fixture Filing. This Mortgage will be deemed to be and may be enforced from time to time as an assignment, chattel mortgage, contract, deed of trust, financing statement, real estate mortgage, or security agreement, and from time to time as any one or more thereof if appropriate under applicable state law. As a financing statementAS A FINANCING STATEMENT, this Mortgage is intended to cover all Personalty Collateral including Mortgagor’s interest in all Hydrocarbons as and after they are extracted and all accounts arising from the sale thereof at the wellheadTHIS MORTGAGE IS INTENDED TO COVER ALL PERSONALTY COLLATERAL INCLUDING MORTGAGOR'S INTEREST IN ALL HYDROCARBONS AS AND AFTER THEY ARE EXTRACTED AND ALL ACCOUNTS ARISING FROM THE SALE THEREOF AT THE WELLHEAD. THIS MORTGAGE SHALL BE EFFECTIVE AS A FINANCING STATEMENT FILED AS A FIXTURE FILING WITH RESPECT TO FIXTURE COLLATERAL INCLUDED WITHIN THE COLLATERAL. This Mortgage shall be filed in the real estate records or other appropriate records of the county or counties in the state in which any part of the Realty Collateral and Fixture Collateral is located as well as the Uniform Commercial Code records of the Secretary of State or other appropriate office of the state in which any Collateral or the Mortgagor is located. At Mortgagee’s request 's request, Mortgagor shall deliver financing statements covering the Personalty Collateral, including all Hydrocarbons sold at the wellhead, and Fixture Collateral, which financing statements may be filed in the Uniform Commercial Code records of the Secretary of State or other appropriate office of the county or state in which any of the Collateral or Mortgagor is located or in any other location permitted or required to perfect Mortgagee's security interest under the county where any of the Collateral is locatedUniform Commercial Code. FurthermoreIn addition, Mortgagor hereby irrevocably authorizes Mortgagee and any affiliate, employee or agent thereof, at any time and from time to time, to file in any Uniform Commercial Code jurisdiction any financing statement or document and amendments thereto, without the signature of Mortgagor where permitted by law, in order to perfect or maintain the perfection of any security interest granted under this Mortgage. A photographic or other reproduction of this Mortgage shall be sufficient as a financing statement.

Appears in 1 contract

Samples: Credit Agreement (Isramco Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!