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1. Parties: Identifies the Trustor (borrower), Trustee, and Beneficiary (lender)
2. Recitals: Background information including property description and loan details
3. Definitions: Key terms used throughout the document
4. Granting Clause: Formal conveyance of the property to the trustee
5. Security Agreement: Terms of the security interest being created
6. Borrower's Obligations: Detailed responsibilities of the borrower including payments and maintenance
7. Default Provisions: What constitutes default and consequences
8. Remedies: Actions available to the beneficiary upon default
9. Governing Law: Jurisdiction and applicable law
1. Environmental Provisions: Environmental requirements and indemnities for properties with potential environmental risks
2. Assignment and Subletting: Terms for transferring interests when transfer rights need to be restricted
3. Construction Provisions: Requirements for property improvements when development is planned
4. Operating Covenants: Specific operational requirements for special use properties
1. Schedule A - Property Description: Legal description of the secured property
2. Schedule B - Permitted Encumbrances: List of allowed liens and encumbrances
3. Schedule C - Note Terms: Details of the underlying promissory note
4. Schedule D - Insurance Requirements: Specific insurance coverage requirements
5. Schedule E - Personal Property: List of included personal property or fixtures
Lender
Trustee
Property
Secured Obligations
Note
Loan Documents
Default
Event of Default
Indebtedness
Improvements
Permits
Rents
Security Interest
Title
Encumbrances
Permitted Encumbrances
Insurance Proceeds
Condemnation Awards
Fixtures
Personal Property
Governmental Authority
Environmental Laws
Hazardous Materials
Business Day
Material Adverse Effect
Operating Expenses
Lease
Permitted Transfers
Prime Rate
Recording Office
UCC
Governing Law
Security Interest
Payment and Performance
Property Maintenance
Insurance Requirements
Tax Obligations
Default and Remedies
Assignment and Transfer
Environmental Compliance
Representations and Warranties
Covenants
Due on Sale
Condemnation
Casualty
Indemnification
Acceleration
Foreclosure
Subordination
Construction and Alterations
Operating Covenants
Leasing Restrictions
Property Income
Notice Requirements
Governing Law
Severability
Recording and Filing
Amendment and Modification
Release Provisions
Waiver
Successor and Assigns
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