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Common use of Existing Mortgages Clause in Contracts

Existing Mortgages. Seller shall have delivered to the Title Company such releases or other instruments necessary to release of record and beneficially any and all existing mortgages, deeds of trust, financing statements or other security documents affecting the Property (collectively, the "Existing Mortgages").

Appears in 3 contracts

Samples: Real Estate Purchase Agreement (First Washington Realty Trust Inc), Real Estate Purchase Agreement (Cv Reit Inc), Real Estate Purchase Agreement (First Washington Realty Trust Inc)

Existing Mortgages. Seller shall have delivered to the Title Company such releases or other instruments necessary to release of record and beneficially any and all existing mortgages, deeds of trust, financing statements or other security documents affecting the Property Property, other than the Provident Mutual Mortgage (collectively, the "Existing Mortgages").

Appears in 1 contract

Samples: Contribution Agreement (First Washington Realty Trust Inc)

Existing Mortgages. Seller shall have delivered to the Title Company such releases or other instruments necessary to release of record and beneficially any and all existing mortgages, deeds of trust, financing statements or other security documents affecting the Property Property, other than the Prudential Loan (collectively, the "Existing Mortgages").

Appears in 1 contract

Samples: Real Estate Purchase Agreement (First Washington Realty Trust Inc)

Existing Mortgages. Seller shall have delivered to the Title Company such releases or other instruments necessary to release of record and beneficially any and all existing mortgages, deeds of trust, financing statements or other security documents affecting the Property (collectively, the "Existing Mortgages")) or assurances that same will be produced upon, and in return for, payment of such obligations at Closing.

Appears in 1 contract

Samples: Real Estate Purchase Agreement (First Washington Realty Trust Inc)