Fee Simple Interest Clause Samples
A Fee Simple Interest clause defines the most complete form of property ownership, granting the holder full rights to possess, use, and transfer the property indefinitely. In practice, this means the owner can sell, lease, or bequeath the property without restrictions, subject only to applicable laws or covenants. This clause is fundamental in real estate transactions as it ensures the buyer receives clear and absolute ownership, minimizing future disputes over property rights.
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Fee Simple Interest. With respect to Loan No. 6, HSA Industrial Portfolio I, each of the ten Mortgaged Properties is owned jointly by each of the four Mortgagors as tenants in common.
Fee Simple Interest. Except with respect to the Mortgage Loans secured by Ground Leases, each of the Mortgagors (or its affiliates) has title in the fee simple interest in each related Mortgaged Property.
Fee Simple Interest. Except with respect to the Mortgage Loans listed on Exhibit B-39, the Mortgage Loan is secured in whole or in material part by the fee simple interest in the related Mortgaged Property.
Fee Simple Interest. Unless such Mortgage Loan is secured by a Ground Lease and is the subject of paragraph 18, the interest of the related Mortgagor in the Mortgaged Property securing each Mortgage Loan is a fee simple interest in real property and the improvements thereon.
Fee Simple Interest. With respect to Loan 4, Louisiana Boardwalk, the interest of Mortgagor in the Mortgaged Property includes the fee simple interest in the real property and the improvements on ten tracts of land as well as perpetual easement rights related to five tracts of land and four streets adjacent to the Mortgaged Property, as set forth in an easement agreement between the City of Bossier City, Louisiana and the Mortgagor. With respect to Loan 130, Galleria Self Storage, a portion of the collateral is under a short term lease and the income from such lease was not underwritten and should be included on Annex D.
Fee Simple Interest. With respect to Loan 13, Holiday Inn Express--Mission Bay Sea World, a portion of the collateral is subject to a ground lease; the other portion is a fee interest. See exception to representation number 18. ANNEX B (TO SCHEDULE I) MORTGAGED PROPERTIES AS TO WHICH THE ONLY ENVIRONMENTAL INVESTIGATIONS CONDUCTED IN CONNECTION WITH THE ORIGINATION OF THE RELATED MORTGAGE LOAN WERE WITH RESPECT TO ASBESTOS-CONTAINING MATERIALS AND LEAD-BASED PAINT. (REPRESENTATION 12) [None.] ANNEX C (TO SCHEDULE I) MORTGAGE LOANS COVERED BY SECURED CREDITOR IMPAIRED PROPERTY ENVIRONMENTAL INSURANCE POLICIES (REPRESENTATIONS 12 AND 49) [None.] SCHEDULE II MORTGAGE LOAN SCHEDULE MLMT 2005 - CIP1 COUNTRYWIDE MORTGAGE LOAN SCHEDULE Loan Level Property Level <TABLE> MORTGAGE LOAN LOAN # PROPERTY NAME SELLER PROPERTY TYPE ADDRESS ---------------------------------------------------------------------------------------------------------------------- 8 Equity Lifestyle Portfolio CRF Manufactured Housing Various
8.01 ▇▇▇▇▇▇▇ Beach RV Resort CRF Manufactured Housing 80 ▇▇▇▇▇▇▇ Beach 8.02 Alpine Lake RV Resort CRF Manufactured Housing ▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇.▇▇ ▇▇▇▇▇ ▇▇▇▇▇ RV Resort CRF Manufactured Housing ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ Road 11 Verga Portfolio CRF Various Various 11.01 ▇▇▇▇▇ - ▇▇▇▇▇ Multifamilies CRF Multifamily ▇▇▇▇-▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ 11.02 ▇▇▇▇▇ ▇▇▇▇▇▇ Apartments CRF Multifamily ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ 11.03 ▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇ CRF Office ▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇ 11.04 ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ 11.05 ▇▇▇▇▇ ▇▇▇▇▇▇ Apartments CRF Multifamily ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ 11.06 Villa Pines Apartments CRF Multifamily ▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ 11.07 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ CRF Multifamily ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ 11.08 Driftwood Apartments CRF Multifamily ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ 11.09 ▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ Mixed Use ▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ 11.10 ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ CRF Office ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ 11.11 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ 11.12 ▇▇▇-▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ CRF Multifamily ▇▇▇-▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ 11.13 ▇▇▇-▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ CRF Multifamily ▇▇▇-▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ 11.14 ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ Multifamily ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ 11.15 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ CRF Multifamily ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ 11.16 ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇ Multifamily ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ 12 University Village CRF Retail 1201, 1223 and ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ 13 Holiday Inn Mission Bay SeaWorld CRF Hospitality 3737 Sports Arena Boulevard 27 Maple Wholesale Center CRF Retail ▇▇▇▇-▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ 32 La Fiesta Apartments CRF Multifamily ▇▇▇▇ ▇▇▇▇▇ ▇...
Fee Simple Interest. Except with respect to the Mortgage Loans listed on Schedule V, the Mortgage Loan is secured in whole or in material part by the fee simple interest in the related Mortgaged Property.
Fee Simple Interest. Various See Exhibit B-39 below. Hyatt Regency Albuquerque. The mortgaged property 44 consists of two units in a condominium regime. The condominium project is constructed over both fee and leasehold estates. The leasehold estates are created by three ground leases. The condominium unit owners hold the leasehold interests subject to the condominium regime as common elements. -------------------------------------------------------------------------------- 40.
Fee Simple Interest. With respect to Loan 63, GULFSTREAM AEROSPACE BUILDING, the Mortgage Loan is secured in whole or material part by the borrower's interest in the Mortgaged Property. Both the borrower, the holder of a leasehold interest in the Mortgaged Property, and the fee owner of the Mortgaged Property executed the Mortgage and pledged their respective interests in the Mortgaged Property to the lender. Such Mortgage Loan is not the subject of representation 18 and such Mortgage Loan is not being listed here as an exception to this representation 45. ANNEX B (TO SCHEDULE I) MORTGAGED PROPERTIES AS TO WHICH THE ONLY ENVIRONMENTAL INVESTIGATIONS CONDUCTED IN CONNECTION WITH THE ORIGINATION OF THE RELATED MORTGAGE LOAN WERE WITH RESPECT TO ASBESTOS-CONTAINING MATERIALS AND LEAD-BASED PAINT. (REPRESENTATION 12) None. ANNEX C (TO SCHEDULE I) MORTGAGE LOANS COVERED BY SECURED CREDITOR ENVIRONMENTAL INSURANCE POLICIES (REPRESENTATIONS 12 AND 49) None. ANNEX D (TO SCHEDULE I) GROUND LEASES NOT COVERED BY REPRESENTATION 18 (REPRESENTATION 45) None. SCHEDULE II MORTGAGE LOAN SCHEDULE [Attached] PROPERTY LOAN # PROPERTY NAME ORIGINATOR TYPE STREET ADDRESS ------------------------------------------------------------------------------------------------------------------------------------ 2 Penn Mutual Towers & Washington Square Garage CRF Office ▇▇▇-▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ & ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ 3 200 ▇▇▇▇ CRF Other ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ 4 CNL-Cirrus MOB Portfolio III CRF Office Various 4.01 ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Expressway 4.02 The Medical Center at ▇▇▇▇▇ Ranch CRF Office ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ 4.03 Denton Rehab Hospital CRF Office ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇.▇▇ ▇▇▇▇▇ ▇▇▇▇▇ Professional Building CRF Office ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ 4.05 Harvard Physicians Building CRF Office ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ 5 Blairstone Office Building CRF Office ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ Road 6 BTR Capital Portfolio CRF Various Various 6.01 London Fog CRF Industrial ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ 6.02 Arundel Village Plaza CRF Retail ▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ 6.03 ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ CRF Industrial ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ 6.04 ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ CRF Industrial ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ 6.05 ▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇ 6.06 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ CRF Industrial ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ 6.07 ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ Industrial ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ 7 Jefferson Block Apartments CRF Multifamily ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ 12 Radisson Harbor View CRF Hospitality ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ 14 Doubletree Club Hotel CRF Hospitality 15...
Fee Simple Interest o Ordnance Plaza 2 (760069887) ($22,400,000): Indemnity Deed of Trust Structure (Maryland property); Guarantor (not Borrower) is owner of mortgaged property 46. Escrows.
