Laserfiche WebLink
200507874 <br />However, any obligatory advances made by the secured party that are secured by the credit line deed of <br />trust or any other related agreement, and any taxes, insurance premiums and obligations which the secured <br />party has agreed to pay, or which under the credit line deed of trust or otherwise the secured party has the <br />right to pay in connection with such credit line deed of trust, shall continue to have the priority created <br />under subsection (b) of this section over a mechanic's lien, judgment lien, notice of lis pendens, deed of <br />trust or other lien or encumbrance. <br />(f) Notwithstanding any other provision of this code, the secured party under a credit line <br />deed of trust subject to this section shall be obligated to release the credit line deed of trust at such time as <br />all indebtedness or other obligations secured thereby have been paid in full or otherwise satisfied and the <br />secured party has been duly released from any further obligation to make future advances under any note or <br />agreement secured by the credit line deed of trust. This release shall become effective upon the recording of <br />the release and the secured party shall be released and discharged from any further obligation. <br />[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK] <br />111 <br />