City Deed of Trust definition

City Deed of Trust means a deed of trust with assignment of rents to secure the City Note and Developer's performance of its obligations under the City Regulatory Agreement, which shall be substantially in the form attached hereto and incorporated herein as Attachment No. 6, and which includes the City's right to foreclose upon a Developer default.
City Deed of Trust has the meaning set forth in Paragraph D of the Recitals.
City Deed of Trust has the meaning set forth in Paragraph L of the

Examples of City Deed of Trust in a sentence

  • Notwithstanding the fact that the City Deed of Trust recorded prior to the County Deed of Trust, the Deeds of Trust are equal in lien priority.


More Definitions of City Deed of Trust

City Deed of Trust means the First Deed of Trust, Security Agreement and Fixture Filing (with Assignment of Rents) executed by Xxxxxxxx in favor of City and dated on or about the date hereof, which secures this Note and the City Loan evidenced hereby. The City Deed of Trust shall include covenants burdening the Property and running with the land binding Borrower and its successors and assigns to the performance of all obligations of Borrower set forth in the PSA, the Settlement Agreement and the City Loan Agreement.
City Deed of Trust means the Deed of Trust with Assignment of Rents given for the benefit of the Vallejo Housing Authority in connection with the City Loan (as modified by the Modification of Deed of Trust between the Borrower and the Vallejo Housing Authority).
City Deed of Trust means the deed of trust that will encumber the Developer's fee interest in the Property to secure repayment of the City Note, substantially in the form attached hereto as Exhibit F.
City Deed of Trust means that certain Deed of Trust, Assignment of Rents and Security Agreement dated as of the date hereof, executed by Maker as Trustor for the benefit of the City and recorded against the Property to secure repayment of this City Note and performance under the Property Restriction Agreement, as such instruments may be amended, modified or supplemented from time to time.
City Deed of Trust means the deed of trust executed by Owner in favor of City securing Owner’s obligations under the City Note.
City Deed of Trust shall have the meaning ascribed thereto in the seventh recital to this Loan Agreement. “City Loan” shall have the meaning ascribed thereto in the seventh recital to this Loan Agreement.
City Deed of Trust means the deed of trust securing the City Loan, substantially in the form attached to this Agreement as Attachment No. 9, to be filed in the Official Records against the Property upon the occurrence of the Construction Closing, subordinate to the deed of trust securing any Senior Loan. Any request by Owner or any other Person for partial or full reconveyance of the City Deed of Trust shall be administered by the City in accordance with the provisions of the City Deed of Trust.