Common use of Fee Title Clause in Contracts

Fee Title. Mortgagor covenants that so long as any of the Debt remains unpaid, the Leasehold shall not merge in or with the fee title or in or with any other estate or interest in the Real Estate, but always shall be complete, separate and distinct notwithstanding the occurrence of any event or events by which the Leasehold may become vested in the same person in whom said fee title is vested.