Common use of Xxxxx of Security Interest Clause in Contracts

Xxxxx of Security Interest. In addition to such liens and remedies provided by law, You hereby grant to Storage Solutions a security interest in the Unit and all personal property located in the Unit and on the Facility to secure the payment of all rents, labor or other charges, indebtedness and liabilities, present or future, absolute or contingent, joint or several, including expenses for the preservation of or expenses reasonably incurred in the sale or other disposition of said personal property, arising from Your default under this Agreement. Storage Solutions may register this security interest at its sole discretion.

Xxxxx of Security Interest. In addition to such liens and remedies provided by law, You hereby grant to Storage Solutions a security interest in the Unit and all personal property located in the Unit and on the Facility Property to secure the payment of all rents, labor or other charges, indebtedness and liabilities, present or future, absolute or contingent, joint or several, including expenses for the preservation of or expenses reasonably incurred in the sale or other disposition of said personal property, arising from Your default under this Agreement. Storage Solutions may register this security interest at its sole discretion.