Common Contracts

LEASEHOLD DEED OF TRUST, ASSIGNMENT OF RENTS

And Security Agreement • June 17th, 2021 • Utah

• Contract Type
  And Security Agreement
• Filed
  June 17th, 2021
• Jurisdiction
  Utah

SECURITY AGREEMENT (“Deed of Trust”) is made as of the 1st day of , 2021, by and among the Local Building Authority of Canyons School District, Utah, a nonprofit corporation duly organized under the laws of the State of Utah (“Trustor”) whose address for purposes of this agreement is 9361 South 300 East, Sandy, Utah, 84070; and Zions Bancorporation, National Association, whose place of business is One South Main, 12th Floor, Salt Lake City, Utah, 84133 (“Trustee”) as trustee under this Deed of Trust, and Zions Bancorporation, National Association, whose place of business is One South Main, 12th Floor, Salt Lake City, Utah, 84133 (the “Beneficiary”), as trustee under a General Indenture of Trust dated as of 1, 2021 (the “General Indenture”) as supplemented by a First Supplemental Indenture of Trust dated as of 1, 2021 (the “First Supplemental Indenture” and collectively with the General Indenture, the “Indenture”) executed in connection with the issuance of the $ Local Building Authorit