Security Bank Mortgage Trust Indenture
Security Bank Corporation
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Mortgage Trust Indenture


Under this arrangement, the Bank acts as an intermediary between the borrowing corporation and its creditors in the administration of properties securing the company’s loans. The borrower under this type of arrangement maximizes the use of properties and collateral and reduces the cost of registration of mortgage. On the other hand, the creditors are assured of financial protection and sufficient collateral cover for the loan.















 

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