Deed to Secure Debt

Example Definitions of "Deed to Secure Debt"
Deed to Secure Debt. The Deed to Secure Debt and Security Agreement of even date herewith from Borrower to Administrative Agent, securing, among other things, that certain Promissory Note in the amount of Thirty Two Million Four Hundred Seventy Three Thousand Four Hundred Twenty Eight and 00/100 Dollars ($32,473,428.00), and which is a valid first priority lien or security title on all of Borrower's estate, right, title and interest in and to the fee simple title to the Land, all rents, leases and contract rights... related thereto, and all Improvements, fixtures, attached and unattached equipment, furnishings and personal property owned by Borrower to be located on or used in connection with the Land, and any replacement or additions thereof. View More
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