Common Contracts

LEASEHOLD DEED OF TRUST, ASSIGNMENT OF RENTS

And Security Agreement • October 6th, 2022 • Utah

• Contract Type
  And Security Agreement
• Filed
  October 6th, 2022
• Jurisdiction
  Utah

SECURITY AGREEMENT (“Deed of Trust”) is made as of , 2022, by and among the Local Building Authority of Lehi City, Utah, a nonprofit corporation duly organized under the laws of the State of Utah (“Trustor”) whose address for purposes of this agreement is 153 North 100 East, Lehi, Utah, 84304; and , whose place of business is (“Trustee”) as trustee under this Deed of Trust, and U.S. Bank Trust Company, National Association, whose place of business is 170 South Main Street, Suite 200, Salt Lake City, Utah 84101 (the “Beneficiary”), as trustee under a General Indenture of Trust dated as of , 2022 (the “General Indenture”) as supplemented by a First Supplemental Indenture of Trust dated as of , 2022 (the “First Supplemental Indenture” and together with the General Indenture, the