Common use of Title Continuation Clause in Contracts

Title Continuation. If requested by the Lender, at its sole but reasonable option, the Title Company shall issue a title continuation or endorsement showing that the Property is clear of Liens (other than the lien of the Deed of Trust and any other Liens therein expressly permitted) to the date of such Fairway Village I Loan Advance and that no financing statements affecting the Fairway Village Property, or any part thereof, other than in favor of the Lender, have been filed.