Construction Deed of Trust definition

Construction Deed of Trust means the Deed of Trust, Assignment of Leases and Rents, Assignment of Contracts, Security Agreement, and Fixture Filing executed by Borrower in favor of the [Title Company/DOT Trustee], for the benefit of the Construction Lender.
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Construction Deed of Trust means the deed of trust, encumbering the Partnership’s interest in the real property, improvements and personal property constituting the Project, securing payment of the Borrower Loan, and any supplements or amendments thereto made in conformity therewith.
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Construction Deed of Trust means, as to each Private Development Parcel, the construction deed of trust benefiting the City during construction of the applicable Private Development Parcel, such construction deed of trust (i) being subject and subordinate to any and all deeds of trust and other liens securing any financing for projects of such Private Development Parcel, (ii) being required to be released upon issuance of the certificate of occupancy for the project on such Private Development Parcel and (iii) the release of such construction deed of trust to be achieved by administrative action of the City and not subject to City Council approval.
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Examples of Construction Deed of Trust in a sentence

  • Unless otherwise provided in this part, the production of an agricultural commodity on land determined by NRCS to be prior-converted cropland is exempted by law from these regula- tions for the area which was converted.

  • If you want to run it by an attorney before you sign, please do.” On April 24, 2013, the Hornes executed a Construction Deed of Trust and borrowed $280,000.00 from Fraternity Federal Savings and Loan Association as a loan on the property.

  • The First Note is secured by real property located at 1506 Callahan Drive, Knoxville, Tennessee, together with furniture, fixtures, and equipment (collectively “Jubilee Center Property”) through a Construction Deed of Trust, Security Agreement, Assignment, Assignment of Leases and Rents, and Fixture Filing and a Collateral Assignment of Rents, Leases, Profits and Income.

  • Both notes are held now by Apex Bank, formerly known as Bank of Camden,2 by virtue of an Assignment of Deed of Trust and Other Loan Documents from BankEast to U.S. Bank, effective January 27, 2012, and a Bill of Sale and Assignment of Construction Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing from U.S. Bank to Bank of Camden, both dated December 11, 2014.

  • On December 31, 2015 WPB executed a Construction Deed of Trust in favor of American Lending Center, LLC which was recorded January 8, 2016 with the Clerk and Recorder for the City and County of Denver at Reception Number 2016002425.

  • Construction Deed of Trust With Absolute Assignment of Leases and Rents, Security Agreement, and Fixture Filing; 4.

  • On December 31, 2015 WPB executed a Construction Deed of Trust in favor of Aileron which was recorded January 8, 2016 with the Clerk and Recorder for the City and County of Denver at Reception Number 2016002630.

  • The Assignment of Rents and the Construction Deed of Trust from WPB in favor of ALC was to guarantee repayment or to secure repayment on both the $5,700,000.00 Note (Promissory Note A) given to Aileron and a $4,500,000.00 Note given to American Lending Center, LLC (Promissory Note B).

  • Construction Deed of Trust With Absolute Assignment of Leases and Rents, Security Agreement, and Fixture Filing;10.

  • Cox assured the Hubbells that the Bank would monitor the project and conduct frequent inspections to ensure that the advances of funds requested by the contractor matched the percentage of construction completed.On January 22, 2003, the Hubbells executed the Loan Agreement, a Promissory Note, and a Construction Deed of Trust with the Bank to finance the building of their home.


More Definitions of Construction Deed of Trust

Construction Deed of Trust means the Multifamily Leasehold Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing, dated January , 2023, granted by the Owner with respect to the Project to Xxxxxxx Xxxxx, as trustee under the deed of trust thereunder for the benefit of the Construction Lender, as the same may be amended, modified or supplemented from time to time
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Construction Deed of Trust means a deed of trust, approved by Optionor, for construction financing for developing an Option Parcel and recorded simultaneously with a Parcel Deed of Trust.
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Construction Deed of Trust means the Leasehold Deed of Trust, Assignment, Security Agreement and Fixture Filing with Joinder of Fee Owner, dated [June 1], 2020, granted by the Owner with respect to the Project to PRLAP, Inc., a Texas corporation, as trustee under such deed of trust thereunder for the benefit of the Construction Lender, as the same may be amended, modified or supplemented from time to time.
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Related to Construction Deed of Trust

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Construction Agreement as used in this subsection means an agreement between Seller and any contractor or subcontractor to install the System;

  • Deed of Trust means this Deed of Trust, Assignment, Security Agreement and Fixture Filing, as the same may from time to time be extended, amended, restated, supplemented or otherwise modified.

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Construction Agreements means agreements to which Tenant is a party for Construction Work, rehabilitation, alteration, repair, replacement or demolition performed pursuant to this Lease.

  • Security Deed means the security deed dated on or about the Series Issue Date of the ETC Securities entered into as a deed by the Issuer, the Trustee and any other parties thereto by the execution of the Issue Deed and in the form of the Master Security Terms (as amended and/or supplemented by the Issue Deed) and as such Security Deed is amended, supplemented, novated or replaced from time to time.

  • Construction and demolition debris means and includes:

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • construction site means a workplace where construction work is being performed;

  • CONSTRUCTION GUARANTEE means a guarantee at call obtained by the contractor from an institution approved by the employer in terms of the employer's construction guarantee form as selected in the schedule

  • Construction Completion Certificate means a document:

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • Construction Debt means debt incurred to fund (a) all or a portion of a Capital Improvement, (b) interest payments (including periodic net payments under related interest rate swap agreements) and related fees on other Construction Debt or (c) distributions (including incremental Incentive Distributions) on Construction Equity.

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Project Funding Agreement means an agreement in the form of Schedule F that incorporates the terms of this Agreement and enables the LHIN to provide one-time or short term funding for a specific project or service that is not already described in Schedule A;

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Completion Guaranty means the Completion Guaranty of even date herewith executed by Guarantor in favor of Lender in connection with the Capital Improvement Work and the Loan, as amended from time to time.

  • Construction Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • Bond Agreement means this bond agreement, including any Attachments to which it refers, and any subsequent amendments and additions agreed between the Parties.

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Deed of Covenant means in relation to the Ship the deed of covenant collateral to the Mortgage for the Ship and creating charges over the Ship, its Earnings, Insurances and Requisition Compensation required to be executed hereunder by the Borrower in favour of the Security Trustee in the agreed form;