Commercial Real Estate Mortgage Collateral
Commercial Real Estate Mortgage Collateral. Any Collateral, whether now or hereafter acquired, that consists of a promissory note that the maker secures with a mortgage or deed of trust on real property and that is used for retail office, industrial, or other commercial use, together with all rights of the holder of such note under all of the documents pertaining to such note, and mortgage or deed of trust, and mortgaged or conveyed property, and the proceeds, replacements, and products thereof, whether now or hereafter acquired.
All Definitions
Found in
State Auto Financial CORP contract