Defeasance
Defeasance. Means the Borrower's substitution of Collateral and Lender's release of the lien of the Deed of Trust upon satisfaction of all of the terms and conditions of Section 12.
Defeasance. The Borrower's substitution of Defeasance Collateral and Lender's release of the lien of the Security Instrument upon satisfaction of all of the terms and conditions of Section 12
All Definitions