Examples of Fee Mortgages in a sentence
This lease is and shall be prior to all mortgages or deeds of trust (collectively, "Fee Mortgages") recorded after the date of this lease and affecting Landlord's interest in the Premises.
This Restated Lease and Leasehold Estate hereunder shall be prior and superior to all existing and subsequent Fee Mortgages where a non-disturbance agreement has not been obtained, except as otherwise set forth in a Third Party Lease.
Landlord hereby represents and warrants that, as of the date of execution of this Lease, there are no Fee Mortgages or ground leases encumbering all or any portion of Landlord's interest in and to the Land and Improvements.
The Mortgaged Property (as defined in each of the Fee Mortgages, respectively) is and shall remain subject to and encumbered by the lien, charge and encumbrance of the applicable Fee Mortgage, and nothing herein contained shall affect or be construed to affect the lien or encumbrance of either of the Fee Mortgages or the priority thereof over other liens or encumbrances.
Each of the Borrower and the other Loan Parties has good record and marketable title in fee simple to, or a valid leasehold interest in, all its material real property, and good title to, or a valid leasehold interest in, all its other material property, and none of such property is subject to any Lien except as permitted by subsection 8.3. The properties encumbered by the Fee Mortgages constitute all of the material real properties owned in fee by the Borrower and the other Loan Parties.