SUMMARY
Volume 2 of this 2015 award-winning series includes chapters on financing transactions. PDF Download with 2 MS Word forms - After purchase go to My Content to retrieve your digital file(s).
DESCRIPTION
Chapter 22
DRAFTING COMMERCIAL TRUST DEEDS AND MORTGAGES
Jonathon L. Goodling
§ 22.1 INTRODUCTION
§ 22.2 CHOICE OF SECURITY INSTRUMENT
§ 22.2-1 Mortgage
§ 22.2-2 Trust Deed
§ 22.2-3 Land Sale Contract
§ 22.2-4 Factors to Consider in Selecting Security Instrument
§ 22.3 ESSENTIAL ELEMENTS OF A MORTGAGE AND TRUST DEED
§ 22.3-1 Parties
§ 22.3-2 Granting Clause
§ 22.3-3 Description of Property
§ 22.3-4 Obligations Secured
§ 22.3-5 Execution Formalities
§ 22.3-6 Events of Default and Remedies
§ 22.4 MORTGAGOR’S/GRANTOR’S COVENANTS
§ 22.4-1 Title Warranties; After-Acquired Title
§ 22.4-2 Insurance
§ 22.4-3 Condemnation
§ 22.4-4 Payment of Taxes and Assessments
§ 22.4-5 Reserves for the Payment of Taxes and Insurance Premiums
§ 22.4-6 Maintenance and Repair of Premises
§ 22.4-7 Alterations; Use
§ 22.4-8 Obligation of Secured Party to Keep Property Free of Liens
§ 22.4-9 Compliance with Laws
§ 22.4-10 Entry
§ 22.4-11 Prohibition on Conveyance of the Property (“Due-on-Sale Clause”)
§ 22.4-12 Indemnity
§ 22.4-13 Leasehold Covenants
§ 22.5 ASSIGNMENT OF LEASES AND RENTS
§ 22.6 SECURITY AGREEMENT AND FIXTURE FILING
§ 22.6-1 Personal Property
§ 22.6-2 Fixtures
Form 22-1 Commercial Mortgage
Form 22-2 Commercial Trust Deed