Common use of Title/Right to Assign Leases Clause in Contracts

Title/Right to Assign Leases. Trustor has good and ---------------------------- marketable title in fee simple to the Land and Buildings, and good and marketable title to the Fixtures, the Escrow Account, the Awards and Personalty, and the right to assign the Leases and Rents to Beneficiary free and clear of any prior assignment, liens, charges, encumbrances, security interests and adverse claims whatsoever except the Permitted Encumbrances.

Appears in 3 contracts

Samples: Inco Homes Corp, Inco Homes Corp, Inco Homes Corp

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Title/Right to Assign Leases. Trustor has good and ---------------------------- marketable title in fee simple to the Land and Buildings, and good and marketable title to the Fixtures, the Escrow Account, the Awards and Personalty, and the right to assign the Leases and Rents to Beneficiary free and clear of any prior assignment, liens, charges, encumbrances, security interests and adverse claims whatsoever except the Permitted Encumbrances.

Appears in 1 contract

Samples: Inco Homes Corp

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