Authority; No Encumbrances. The Property is now free and clear of all encumbrances whatsoever except Permitted Encumbrances, and the Borrower has good right and lawful authority to mortgage and convey the same in the manner and form hereby mortgaged and conveyed.
Appears in 4 contracts
Samples: Open End Mortgage Deed and Security Agreement (Edac Technologies Corp), Open End Mortgage Deed and Security Agreement (Edac Technologies Corp), Mortgage, Security Agreement and Financing Statement (Edac Technologies Corp)
Authority; No Encumbrances. The Property is now free and clear of all encumbrances whatsoever except Permitted Encumbrances, and the Borrower Mortgagor has good right and lawful authority to mortgage and convey the same in the manner and form hereby mortgaged and conveyed.
Appears in 3 contracts
Samples: Open End Mortgage, Security Agreement, Assignment of Rents, Income and Proceeds (Rti Capital Corp), Open End Mortgage, Security Agreement, Assignment of Rents, Income and Proceeds (Blue Steel Capital Corp), Open End Mortgage, Security Agreement, Assignment of Rents, Income and Proceeds (Blue Steel Capital Corp)