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One of these exceptions is the âabundance of cautionâ exception, in which a lien. on real estate has been taken as collateral in an abundance of caution. 12 C.F.R. Â§ 34.43(a)(2). For this exception to apply to the six Notes Receivable being considered here, there must be.
12. Purchaserâs Lien: The Contract Deposit and all other sums paid on account of this Contract and the reasonable expenses of the Title Report (as defined in Â¶15.1 hereof) are hereby made a lien upon the Unit, but such lien shall not continue after default by Purchaser hereunder.