On top of the slewing unit are three parts: 1  The long horizontal jib (or working arm), which is the portion of the crane that carries the load. 2  The shorter horizontal machinery arm, which contains the crane's motors and electronics as well as the large concrete counter weights 3  : The operator's cab :
Petropedia explains Habendum Clause. A Habendum Clause is one of the important clauses in the real estate property and in oil and gas lease business. This clause defines the types of interests and the rights that a grantee or a lessee can enjoy on a piece of land.
Security Deed. A security deed is a conveyance of land to secure a debt. A security deed, as opposed to a mere mortgage, passes legal title to the land while reserving unto the debtor the equitable title to use and enjoy the conveyed land subject to compliance with debt obligations. Security deeds must be recorded in the county where the land is located. Although there is no specific time within which such deeds must be filed, the failure to timely record the deed to secure debt may affect priority and therefore the ability to enforce the debt against the subject property.