Common use of Title to the Mortgaged Property Clause in Contracts

Title to the Mortgaged Property. (a) Borrower has fee simple title (or such lesser estate therein as may be specified in Schedule A) to the Premises and good indefeasible title to the balance of the Mortgaged Property, free and clear of liens and encumbrances except Permitted Encumbrances.

Appears in 3 contracts

Samples: Trust and Security Agreement (Felcor Lodging Trust Inc), Trust and Security Agreement (Arden Realty Inc), Felcor Lodging Trust Inc

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Title to the Mortgaged Property. (a) Borrower has fee simple title (or such lesser estate therein as may be specified in Schedule Exhibit A) to the Premises and good indefeasible title to the balance of the Mortgaged Property, free and clear of liens and encumbrances except Permitted Encumbrances.

Appears in 1 contract

Samples: Trust and Security Agreement and Fixture Filing (Behringer Harvard Opportunity REIT I, Inc.)

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