Fee Simple Sample Clauses
Fee Simple. Unless the Mortgage Loan is covered by the representation and warranty in the immediately following paragraph (xlv), the Mortgage Loan is secured in whole or material part by a fee simple interest.
Fee Simple. With respect to a Land Home Contract, the Mortgage creates a first lien or a first priority ownership interest in an estate in fee simple in real property securing the related Mortgage Note;
Fee Simple. The LLC Disclosure Schedule sets forth a description of each parcel of real property owned by any Company and identifies which Company owns such real property, including, but not limited to, those properties reflected on the LLC Financial Statements (the "REAL PROPERTY"), together with a summary description of the buildings, structures and improvements thereon. Such Company has good and marketable title in fee simple absolute to all Real Property, and to the buildings, structures and improvements thereon, in each case free and clear of all Liens other than Permitted Liens. Except for such leases, licenses and other interests as are particularly described in the LLC Disclosure Schedule, such Company has not granted any leases, licenses or other interests in the Real Property or any part thereof. All leases, licenses or other interests disclosed therein are current, in good standing, and no Company is in default thereunder.
Fee Simple. All that certain lot or parcel of land situate in the Xxxxxxxxxxx Xxxxxxxx, Xxxx xx Xxxxxx, Xxxxxx of Wood, State of West Virginia, more particularly bounded and described as follows: Beginning at a point on the Westerly right of way line of the Baltimore & Ohio Railroad, said point being common to the line dividing lands now or formerly of Par-Progress, Inc., and lands now or formerly of Soffer, Lewis, Xxxxx and Xxxxxxx; thence from said point of beginning by the Westerly right of way line of the Baltimore & Ohio Railroad the following three (3) courses and distances, viz: South 07º 30' 30” West, a distance of 526.40 feet to a point; thence by an arc of a circle deflecting to the right in a southwestwardly direction, having a radius of 4558.75', an arc distance of 426.73' (chord bearing and distance, South 10°11'24" West, 426.57') to a point; thence South 12º 52' 18” West, a distance of 1,324.29 feet to a point; thence by the line dividing lands now or formerly of Soffer, Lewis, Xxxxx and Xxxxxxx and lands now or formerly of the City of Parkersburg, North 62º 01' 42” West, a distance of 688.52 feet to a point on the meander line of the back channel of the Ohio River; thence by the Easterly meander line of the back channel of the Ohio River the following eight (8) courses and distances, viz: North 25º 34' 30” East, a distance of 228.00 feet to a point; thence North 19º 00' 00” East, a distance of 452.00 feet to a point; thence North 22º 08' 30” East, a distance of 338.00 feet to a point; thence North 24º 37' 30” East, a distance of 299.00 feet; thence North 18º 13' 30” East, a distance of 414.00 feet to a point; thence North 19º 48' 00” East, a distance of 274.00 feet to a point; thence North 13º 23' 30” East, a distance of 130.00 feet to a point; thence North 14º 26' 00” East, a distance of 69.92 feet to a point; thence by the line dividing lands now or formerly of Par-Progress, Inc. and lands now or formerly of Soffer, Lewis, Xxxxx, and Xxxxxxx, South 61º 17' 30” East, a distance of 319.19 feet to the point at the place of beginning. Contains: 1,103,672.33 Sq. Ft. or 25.337 Acres. Continued...
Fee Simple. The Acquired Assets do not include and the Business is not dependent upon any real property owned by Seller or any of its Affiliates.
Fee Simple. The interest of the related Mortgagor in the related Mortgaged Property securing such Mortgage Loan includes a fee simple interest in real property and the improvements thereon. AOMI SELLER NOTICES Angel Oak Mortgage, Inc. 0000 Xxxxxxxxx Xx XX, Xxxxx 0000 Xxxxxxx, XX 00000 Email:xxxxxx.xxxxxxxx@xxxxxxxxxxxxxxx.xxx00 Any of the persons whose signatures and titles appear below are authorized, acting singly, to act for AOMI Seller under this Agreement: Xxxxxx X. PrabhuNamit Sinha Managing PartnerVice President Xxxxxxx Xxxxxxx Managing PartnerPresident Ashish Neghandi Senior Portfolio ManagerVice President Xxx FazioliBrandon Filson ControllerChief Financial Officer Dory Black General Counsel 45 See Amendment 2 to Master Repurchase Agreement, dated as of June 24, 2019. AOMF SELLER NOTICES Angel Oak Mortgage Fund TRS 0000 Xxxxxxxxx Xx XX, Xxxxx 0000 Xxxxxxx, XX 00000 Email:xxxxxx.xxxxxxxx@xxxxxxxxxxxxxxx.xxx00
Fee Simple. Landlord represents and warrants to Tenant that Landlord is the fee simple owner of the Land subject to the encumbrances indicated on the Title Commitment delivered to Tenant before the Tenant’s execution of this Lease.
Fee Simple. Each Mortgaged Property consists of an estate ---------- in fee simple in real property improved by a multifamily, office, retail, industrial or other commercial building owned by the related Mortgagor.
Fee Simple. Except for Xxxxxx Trust Mortgage Loans covered by the representation and warranty in the immediately following paragraph (xlvi), such Mortgage Loan is secured in whole or in material part by a fee simple interest.
Fee Simple. Except as set forth in the Disclosure Schedule, the Company or applicable Subsidiary has good, indefeasible and marketable title in fee simple to all real property owned by the Company or the Subsidiaries that constitutes part of the Acquired Assets (the "Real Property"), including but not limited to those properties reflected on the Company Financial Statements and the Express Financial Statements, and to the buildings, structures and improvements thereon, in each case free and clear of all security interests, liens (choaxx xx inchoate), encumbrances, mortgages, pledges, equities, charges, assessments, easements, covenants, restrictions, reservations, defects in title, encroachments and other burdens, whether arising by contract or under law, other than (x) inchoate statutory liens for amounts not yet payable and (y) the lien of DLJ with respect to foreclosed real properties financed by DLJ (collectively, "Liens") and other than matters customarily excepted from the coverage of an ALTA title insurance policy, whether or not the same render the title to such Real Property unmarketable. Neither the Company nor any Subsidiary has granted any leases on, and there are no tenancies on, the Real Property. The Disclosure Schedule sets forth a complete description by metes and bounds or lot, block and section of the Irvine Properties.