Title to the Property. (a) Borrower has and will continue to have good and marketable title in fee simple absolute to the Land and the Improvements and good and marketable title to the Fixtures and Personal Property, all free and clear of liens, encumbrances and charges except the Permitted Exceptions. To Borrower’s knowledge, there are no facts or circumstances that might give rise to a lien, encumbrance or charge on the Property.
Appears in 5 contracts
Samples: Security Agreement and Fixture Filing (Glimcher Realty Trust), Security Agreement (Inland Real Estate Corp), Security Agreement (Inland Real Estate Corp)
Title to the Property. (a) Borrower has represents and warrants that it has, and covenants that at all times prior to the release of this Mortgage will continue to have have, good and marketable title in fee simple absolute to the Land and the Improvements and good and marketable title to the Fixtures and Personal Property, all free and clear of liens, encumbrances and charges except the Permitted Exceptions. To Borrower’s 's knowledge, there are no facts or circumstances that might give rise to a lien, encumbrance or charge on the Property.
Appears in 2 contracts
Samples: Rents and Security Agreement (Life Time Fitness Inc), Life Time Fitness Inc
Title to the Property. (a) Borrower has and will continue to have good and marketable indefeasible title in fee simple absolute to the Land and the Improvements and good and marketable title to the Fixtures and Personal Property, all free and clear of liens, encumbrances and charges except the Permitted Exceptions. To Borrower’s knowledge, there are no facts or circumstances that might give rise to a lien, encumbrance or charge on the Property.
Appears in 1 contract
Title to the Property. (a) Borrower has and will continue to have good and marketable title in fee simple absolute to the Land and the Improvements and good and marketable title to the Fixtures and Personal PropertyProperty now owned by Borrower, all free and clear of liens, encumbrances and charges except the Permitted Exceptions. To Borrower’s knowledge, there are no facts or circumstances that might give rise to a lien, encumbrance or charge on the PropertyProperty except as it relates to the liens created by the Security Instrument and the other Loan Documents and the Permitted Exceptions.
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Title to the Property. (a) Borrower has and will continue to have good and marketable title to the lessee's rights under the Ground Lease and the leasehold interest under the Ground Lease in the Land, and good and marketable title in fee simple absolute to the Land and the Improvements and good and marketable title to the Fixtures and Personal Property, all free and clear of liens, encumbrances and charges except the Permitted Exceptions. To Borrower’s 's knowledge, there are no facts or circumstances that might give rise to a lien, encumbrance or charge on the Property.
Appears in 1 contract
Samples: Life Time Fitness Inc
Title to the Property. (a) Borrower has and will continue to have good and marketable title in fee simple absolute to the Land and the Improvements and good and marketable title to the Fixtures and Personal Property, all free and clear of liens, encumbrances and charges except the Permitted Exceptions. To Borrower’s knowledge, there are no facts or circumstances that might give rise to a lien, encumbrance or charge on the PropertyProperty that may have an adverse effect on the use or value of the Property or the priority of the lien of this Mortgage.
Appears in 1 contract
Samples: Security Agreement and Fixture Filing (New England Realty Associates Limited Partnership)
Title to the Property. (a) Borrower has and will continue to have good and marketable insurable title in fee simple absolute to the Land and the Improvements and good and marketable insurable title to the Fixtures and Personal Property, all free and clear of liens, encumbrances and charges except the Permitted Exceptions. To Borrower’s knowledge, there are no facts or circumstances that might give rise to a lien, encumbrance or charge on the PropertyProperty which would have a material adverse effect on the value of the Property if unpaid.
Appears in 1 contract
Samples: Loan Agreement (Phillips Edison Grocery Center Reit I, Inc.)