Fee Title. Except as otherwise set forth in the Title Reports and Opinions listed on Exhibit D hereto, Mortgagor holds and owns good and marketable title in fee simple to the fee lands and patented mining claims which constitute part of the Property, and has all right, full power and lawful authority to mortgage and pledge the same and Mortgagee may at all times peaceably and quietly enter upon, hold, occupy and enjoy such Property in accordance with the terms of this Mortgage. Mortgagor is in exclusive possession of such Property, and such Property is free and clear of all damages, claims, encumbrances, liens, royalties and security interests, except Permitted Encumbrances and Encumbrances identified in Exhibit A and except as otherwise set forth in the Title Reports and Opinions listed on Exhibit D hereto.
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Sources: Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing (Neutron Energy, Inc.), Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing (Neutron Energy, Inc.), Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing (Neutron Energy, Inc.)