It appears that all of our Notes, Loan Agreements, and Deeds of Trust have this blanket/static language referring to cross collateralization. However, when the bank wants to specifically tie collateral securing a loan to other specific loans we execute a cross collateralization agreement. When we have this cross collateralization agreement, we will include all crossed loan amounts in our flood calculation.

Does having the blanket language in our Notes, Loan Agreements, and Deeds of Trust require that for every flood loan we consider every other loan the borrower has on our books?

Thanks in advance for your help

You need to talk to your legal counsel. Without reading your documents and determining exactly under State law what they mean, how would we know??