Common use of Separate Lots Clause in Contracts

Separate Lots. 34 3.1.17 Assessments...........................................................................34 3.1.18 Enforceability........................................................................34 3.1.19 No Prior Assignment...................................................................34 3.1.20 Insurance.............................................................................34 3.1.21 Use of Properties.....................................................................35 3.1.22 Certificate of Occupancy Licenses.....................................................35 3.1.23 Flood Zone............................................................................35 3.1.24 Physical Condition....................................................................35 3.1.25 Boundaries............................................................................35 3.1.26 Leases................................................................................35 3.1.27 Survey................................................................................36 3.1.28 Loan to Value.........................................................................36 3.1.29 Filing and Recording Taxes............................................................36 3.1.30

Separate Lots. 34 3.1.17 55 4.1.16 Assessments...........................................................................34 3.1.18 ......................................................................... 55 4.1.17 Enforceability........................................................................34 3.1.19 ...................................................................... 55 4.1.18 No Prior Assignment...................................................................34 3.1.20 ................................................................. 56 4.1.19 Insurance.............................................................................34 3.1.21 ........................................................................... 56 4.1.20 Use of Properties.....................................................................35 3.1.22 Property..................................................................... 56 4.1.21 Certificate of Occupancy Occupancy; Licenses.....................................................35 3.1.23 .................................................. 56 4.1.22 Flood Zone............................................................................35 3.1.24 Physical Condition....................................................................35 3.1.25 Boundaries............................................................................35 3.1.26 Leases................................................................................35 3.1.27 Survey................................................................................36 3.1.28 Loan to Value.........................................................................36 3.1.29 Filing and Recording Taxes............................................................36 3.1.30.......................................................................... 56 4.1.23

Separate Lots. 34 25 3.1.14 Assessments..........................................................25 3.1.15 Enforceability.......................................................25 3.1.16 Assignment of Leases.................................................25 3.1.17 Assessments...........................................................................34 Insurance............................................................25 3.1.18 Enforceability........................................................................34 Licenses.............................................................25 3.1.19 No Prior Assignment...................................................................34 3.1.20 Insurance.............................................................................34 3.1.21 Use of Properties.....................................................................35 3.1.22 Certificate of Occupancy Licenses.....................................................35 3.1.23 Flood Zone............................................................................35 3.1.24 ...........................................................25 3.1.20 Physical Condition....................................................................35 3.1.25 ...................................................25 3.1.21 Boundaries............................................................................35 3.1.26 ...........................................................26 3.1.22 Leases................................................................................35 3.1.27 Survey................................................................................36 3.1.28 Loan to Value.........................................................................36 3.1.29 Filing and Recording Taxes............................................................36 3.1.30...............................................................26 3.1.23

Separate Lots. 34 28 3.1.14 Assessments..................................................................................28 3.1.15 No Defenses..................................................................................29 3.1.16 Assignment of Leases.........................................................................29 3.1.17 Assessments...........................................................................34 Insurance....................................................................................29 3.1.18 Enforceability........................................................................34 Licenses.....................................................................................29 3.1.19 No Prior Assignment...................................................................34 3.1.20 Insurance.............................................................................34 3.1.21 Use of Properties.....................................................................35 3.1.22 Certificate of Occupancy Licenses.....................................................35 3.1.23 Flood Zone............................................................................35 3.1.24 ...................................................................................29 3.1.20 Physical Condition....................................................................35 3.1.25 ...........................................................................29 3.1.21 Boundaries............................................................................35 3.1.26 ...................................................................................30 3.1.22 Leases................................................................................35 3.1.27 Survey................................................................................36 3.1.28 Loan to Value.........................................................................36 3.1.29 .......................................................................................30 3.1.23 Filing and Recording Taxes............................................................36 3.1.30...................................................................30 3.1.24

Separate Lots. 34 3.1.17 27 4.1.19 Assessments...........................................................................34 3.1.18 .......................................................................27 4.1.20 Enforceability........................................................................34 3.1.19 No Prior Assignment...................................................................34 3.1.20 ....................................................................27 4.1.21 Insurance.............................................................................34 3.1.21 .........................................................................27 4.1.22 Use of Properties.....................................................................35 3.1.22 Certificate of Occupancy Property; Licenses.....................................................35 3.1.23 .........................................................27 4.1.23 Flood Zone............................................................................35 3.1.24 ........................................................................27 4.1.24 Physical Condition....................................................................35 3.1.25 Boundaries................................................................27 4.1.25 Encroachments.....................................................................27 4.1.26 Leases............................................................................35 3.1.26 Leases................................................................................35 3.1.27 Survey................................................................................36 3.1.28 Loan to Value.........................................................................36 3.1.29 28 4.1.27 Filing and Recording Taxes........................................................28 4.1.28 Investment Company Act............................................................36 3.1.3028 4.1.29

Separate Lots. 34 25 3.1.14 Assessments...................................................25 3.1.15 Enforceability................................................25 3.1.16 Assignment of Leases..........................................25 3.1.17 Assessments...........................................................................34 Insurance.....................................................25 3.1.18 Enforceability........................................................................34 Licenses......................................................26 3.1.19 No Prior Assignment...................................................................34 3.1.20 Insurance.............................................................................34 3.1.21 Use of Properties.....................................................................35 3.1.22 Certificate of Occupancy Licenses.....................................................35 3.1.23 Flood Zone............................................................................35 3.1.24 ....................................................26 3.1.20 Physical Condition....................................................................35 3.1.25 ............................................26 3.1.21 Boundaries............................................................................35 3.1.26 ....................................................26 3.1.22 Leases................................................................................35 3.1.27 Survey................................................................................36 3.1.28 Loan to Value.........................................................................36 3.1.29 Filing and Recording Taxes............................................................36 3.1.30........................................................26 3.1.23

Separate Lots. 33 3.1.14 Assessments................................................................................ 34 3.1.15 Enforceability............................................................................. 34 3.1.16 Assignment of Leases....................................................................... 34 3.1.17 Assessments...........................................................................Insurance.................................................................................. 34 3.1.18 Enforceability........................................................................Licenses................................................................................... 34 3.1.19 No Prior Assignment...................................................................34 3.1.20 Insurance.............................................................................34 3.1.21 Use of Properties.....................................................................35 3.1.22 Certificate of Occupancy Licenses.....................................................35 3.1.23 Flood Zone............................................................................35 3.1.24 Physical Condition....................................................................35 3.1.25 Boundaries............................................................................35 3.1.26 Leases................................................................................35 3.1.27 Survey................................................................................36 3.1.28 Loan to Value.........................................................................36 3.1.29 Filing and Recording Taxes............................................................36 3.1.30................................................................................. 34

Separate Lots. 34 31 3.1.14 Assessments...................................................31 3.1.15 Enforceability................................................31 3.1.16 Assignment of Leases..........................................32 3.1.17 Assessments...........................................................................34 Insurance.....................................................32 3.1.18 Enforceability........................................................................34 Licenses......................................................32 3.1.19 No Prior Assignment...................................................................34 3.1.20 Insurance.............................................................................34 3.1.21 Use of Properties.....................................................................35 3.1.22 Certificate of Occupancy Licenses.....................................................35 3.1.23 Flood Zone............................................................................35 3.1.24 ....................................................32 3.1.20 Physical Condition....................................................................35 3.1.25 ............................................32 3.1.21 Boundaries............................................................................35 3.1.26 ....................................................32 3.1.22 Leases................................................................................35 3.1.27 Survey................................................................................36 3.1.28 Loan to Value.........................................................................36 3.1.29 ........................................................32 3.1.23 Filing and Recording Taxes............................................................36 3.1.30....................................33 3.1.24

Separate Lots. 34 24 3.1.14 Assessments..................................................25 3.1.15 Enforceability...............................................25 3.1.16 Assignment of Leases.........................................25 3.1.17 Assessments...........................................................................34 Insurance....................................................25 3.1.18 Enforceability........................................................................34 3.1.19 No Prior Assignment...................................................................34 3.1.20 Insurance.............................................................................34 3.1.21 Use of Properties.....................................................................35 3.1.22 Certificate of Occupancy Licenses.....................................................35 3.1.23 25 3.1.19 Flood Zone............................................................................35 3.1.24 ...................................................25 3.1.20 Physical Condition....................................................................35 3.1.25 ...........................................25 3.1.21 Boundaries............................................................................35 3.1.26 ...................................................25 3.1.22 Leases................................................................................35 3.1.27 Survey................................................................................36 3.1.28 Loan to Value.........................................................................36 3.1.29 Filing and Recording Taxes............................................................36 3.1.30.......................................................26 3.1.23

Separate Lots. 34 3.1.17 56 4.1.16 Assessments...........................................................................34 3.1.18 ......................................................................... 56 4.1.17 Enforceability........................................................................34 3.1.19 ...................................................................... 56 4.1.18 No Prior Assignment...................................................................34 3.1.20 ................................................................. 56 4.1.19 Insurance.............................................................................34 3.1.21 ........................................................................... 56 4.1.20 Use of Properties.....................................................................35 3.1.22 Property..................................................................... 57 4.1.21 Certificate of Occupancy Occupancy; Licenses.....................................................35 3.1.23 .................................................. 57 4.1.22 Flood Zone............................................................................35 3.1.24 .......................................................................... 57 4.1.23 Physical Condition....................................................................35 3.1.25 .................................................................. 57 4.1.24 Boundaries............................................................................35 3.1.26 .......................................................................... 57 4.1.25 Leases................................................................................35 3.1.27 .............................................................................. 58 4.1.26 Survey................................................................................36 3.1.28 Loan to Value.........................................................................36 3.1.29 Filing and Recording Taxes............................................................36 3.1.30.............................................................................. 58

Separate Lots. 34 32 3.1.14 Assessments................................................................ 33 3.1.15 Enforceability............................................................. 33 3.1.16 Assignment of Leases....................................................... 33 3.1.17 Assessments...........................................................................34 Insurance.................................................................. 33 3.1.18 Enforceability........................................................................34 Licenses................................................................... 33 3.1.19 No Prior Assignment...................................................................34 3.1.20 Insurance.............................................................................34 3.1.21 Use of Properties.....................................................................35 3.1.22 Certificate of Occupancy Licenses.....................................................35 3.1.23 Flood Zone............................................................................35 3.1.24 Physical Condition....................................................................35 3.1.25 Boundaries............................................................................35 3.1.26 Leases................................................................................35 3.1.27 Survey................................................................................36 3.1.28 Loan to Value.........................................................................36 3.1.29 Filing and Recording Taxes............................................................36 3.1.30................................................................. 33

Separate Lots. 34 3.1.14 Assessments..................................................................................34 3.1.15 Enforceability...............................................................................35 3.1.16 Assignment of Leases.........................................................................35 3.1.17 Assessments...........................................................................34 Insurance....................................................................................35 3.1.18 Enforceability........................................................................34 Licenses.....................................................................................35 3.1.19 No Prior Assignment...................................................................34 3.1.20 Insurance.............................................................................34 3.1.21 Use of Properties.....................................................................35 3.1.22 Certificate of Occupancy Licenses.....................................................35 3.1.23 Flood Zone...............................................................................................................................................................35 3.1.24 3.1.20 Physical Condition...............................................................................................................................................35 3.1.25 3.1.21 Boundaries............................................................................35 3.1.26 ...................................................................................36 3.1.22 Leases................................................................................35 3.1.27 Survey.......................................................................................................................................................................36 3.1.28 Loan to Value.........................................................................3.1.23 Taxes........................................................................................36 3.1.29 Filing and Recording Taxes............................................................36 3.1.303.1.24

Separate Lots. 34 32 3.1.14 Assessments................................................................ 33 3.1.15 Enforceability............................................................. 33 3.1.16 Assignment of Leases....................................................... 33 3.1.17 Assessments...........................................................................34 Insurance.................................................................. 33 3.1.18 Enforceability........................................................................34 Licenses................................................................... 33 3.1.19 No Prior Assignment...................................................................34 3.1.20 Insurance.............................................................................34 3.1.21 Use of Properties.....................................................................35 3.1.22 Certificate of Occupancy Licenses.....................................................35 3.1.23 Flood Zone............................................................................35 3.1.24 Physical Condition....................................................................35 3.1.25 Boundaries............................................................................35 3.1.26 Leases................................................................................35 3.1.27 Survey................................................................................36 3.1.28 Loan to Value.........................................................................36 3.1.29 Filing and Recording Taxes............................................................36 3.1.30................................................................. 33 </TABLE> -ii- <PAGE> <TABLE> <S> <C> 3.1.20

Separate Lots. 34 346 3.1.14 Assessments............................................................. 346 3.1.15 Enforceability.......................................................... 346 3.1.16 Collateral.............................................................. 346 3.1.17 Assessments...........................................................................34 Insurance............................................................... 347 3.1.18 Enforceability........................................................................34 Licenses................................................................ 347 3.1.19 No Prior Assignment...................................................................34 3.1.20 Insurance.............................................................................34 3.1.21 Use of Properties.....................................................................35 3.1.22 Certificate of Occupancy Licenses.....................................................35 3.1.23 Flood Zone............................................................................35 3.1.24 .............................................................. 347 3.1.20 Physical Condition....................................................................35 3.1.25 ...................................................... 347 3.1.21 Boundaries............................................................................35 3.1.26 .............................................................. 347 3.1.22 Leases................................................................................35 3.1.27 Survey................................................................................36 3.1.28 Loan to Value.........................................................................36 3.1.29 .................................................................. 347 3.1.23 Filing and Recording Taxes............................................................36 3.1.30.............................................. 348 3.1.24