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Exemple
As part of the mortgage agreement, they had to obligate their house as security for the loan.
She had to obligate her savings account as collateral for the loan.
To secure the lease for the commercial space, they had to obligate a cash deposit as security.
The bank required them to obligate their vehicles as collateral for the car loan.
In order to obtain the business loan, they had to obligate their equipment as collateral.
