Easement Rights. Borrower has been granted all easements appropriate for the current use and operation of the Property, and any mortgage liens now or hereafter affecting any land burdened by such easements are subordinate to such easements.
Appears in 2 contracts
Sources: Construction Loan Agreement, Construction Loan Agreement
Easement Rights. Borrower has been granted all easements appropriate for the current use and operation of the Property, and any mortgage liens now or hereafter affecting any land burdened by such easements are subordinate to such easements.
Appears in 2 contracts
Sources: Term Loan Agreement, Term Loan Agreement