Common use of Security property Clause in Contracts

Security property. The term ‘‘security property’’ means the property (real, personal or mixed) or an inter- est in property (including leaseholds, life es- tates, reversionary interests, and any other es- tates under applicable State law), together with fixtures and other interests subject to the lien of the mortgage under applicable State law.

Appears in 7 contracts

Samples: Banking Agreement, Mortgage Agreement, Mortgage Agreement

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