Common use of Fee Property Clause in Contracts

Fee Property. All those certain lot(s), piece(s) or parcel(s) of land located in Colbert, Limestone and Lauderdale Counties, Alabama more particularly described in Exhibit A, as the description of the same may be amended or supplemented from time to time, and all and singular the reversions and remainders in and to said land and the tenements, hereditaments, easements, rights-of-way or use, rights (including mineral and mining rights, and all water, oil and gas rights), privileges, royalties and appurtenances to said land, now or hereafter belonging or in anywise appertaining thereto, including any right, title, interest in, to or under any agreement or right granting, conveying or creating, for the benefit of said land, any easement, right or license in any way affecting other property and in, to or under any streets, ways, alleys, vaults, gores or strips of land adjoining said land or any parcel thereof, or in or to the air space over said land, all rights of ingress and egress by motor vehicles to parking facilities on or within said land, and all claims or demands of the Mortgagor either at law or in equity, in possession or expectancy of, in or to the same (all of the foregoing being hereinafter collectively called the "Fee Property").

Appears in 3 contracts

Sources: Real Estate Mortgage, Security Agreement and Financing Statement (Martin Industries Inc /De/), Real Estate Mortgage, Security Agreement and Financing Statement (Martin Industries Inc /De/), Real Estate Mortgage, Security Agreement and Financing Statement (Martin Industries Inc /De/)