Secured Party

A lender, administrative agent, indenture trustee or other entity which facilitates an Advance Financing or Servicing Contract Rights Financing to a Servicer pursuant to Section 9701.5(c) or 1101.2, respectively, as identified in a Consent Agreement or Security Coupon Security Coupon is the Coupon as that term is defined in the Glossary. Security Instrument The instrument (Mortgage, deed of trust, deed to secure debt) that secures a debt obligation and creates a valid lien on real estate; with respect to Cooperative Share Loans, it is the UCC-1 financing statement that creates a lien on the Cooperative Shares.