FUTURE-ADVANCE CLAUSE

  future-advance clause.A contractual term in a security agreement covering additional loaned amounts on present collateral or collateral to be acquired in the future, regardless of whether the secured party is obliged to make the advances; esp., a provision in an open-end mortgage or deed of trust allowing the borrower to borrow additional sums in…

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FUTURE ADVANCE

future advance.Money secured by an original security agreement even though it is lent after the security interest has attached. [Cases: Secured Transactions 20, 114. C.J.S. Secured Transactions §§ 18, 83.][Blacks Law 8th]

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FUTHWITE

futhwite (footh-wIt).Hist. A fine for fighting or breaking the peace. — Also termed fithwite.[Blacks Law 8th]

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FUSTIS

fustis (f<<schwa>>s-tis).Hist. 1. A staff used in making livery of seisin. 2. A baton or club.[Blacks Law 8th]

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FUSTIGATION

fustigation (f<<schwa>>s-ti-gay-sh<<schwa>>n), n.1. The beating of someone with a stick or club. 2. Harsh criticism. — fustigate,vb.[Blacks Law 8th]

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FURTUM

furtum (f<<schwa>>r-t<<schwa>>m), n. [Latin “theft”] Roman law. 1. The offense of stealing movable property. • Under Roman law, furtum included not only the taking of another’s property, but any handling of the property done with the intent of profiting by it. Furtum was not only a private wrong (delictum) prosecuted by the person suffering the…

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