Common use of Leasehold Estate Clause in Contracts

Leasehold Estate. Each Mortgaged Property consists of a fee simple estate in real estate or, if the related Mortgage Loan is secured in whole or in part by the interest of a Mortgagor as a lessee under a ground lease of a Mortgaged Property (a "Ground Lease"), by the related Mortgagor's interest in the Ground Lease but not by the related fee interest in such Mortgaged Property (the "Fee Interest"), and as to such Ground Leases:

Leasehold Estate. Each Mortgaged Property consists of a fee simple estate in real estate or, if the related Mortgage Loan is secured in whole or in part by the interest of a Mortgagor as a lessee under a ground lease of a Mortgaged Property (a "Ground Lease"" which term shall include any related estoppel letter or lender protection agreement between Seller and related lessor), by the related Mortgagor's interest in the Ground Lease but not by the related fee interest in such Mortgaged Property (the "Fee Interest"), and as to such Ground Leases:

Leasehold Estate. Each Mortgaged Property consists of a the related Mortgagor's fee simple estate in real estate or, if the related Mortgage Loan is secured in whole or in part by the interest of a Mortgagor as a lessee under a ground lease of a Mortgaged Property (a "Ground Lease"), by the related Mortgagor's interest in the Ground Lease but not by the related fee interest in such Mortgaged Property (the "Fee Interest"), ) or if the Mortgage Loan is secured in whole or in part by a Ground Lease and as to such Ground Leasesa Fee Interest:

Leasehold Estate. Each Mortgaged Property consists of a the related Mortgagor's fee simple estate interest in real estate or, if or the related Mortgage Loan is secured in whole or in part by the interest of a the Mortgagor as a lessee under a ground lease of a the Mortgaged Property (a "Ground Lease"), . Any Mortgage Loan that is secured by the related Mortgagor's interest in of the Mortgagor under a Ground Lease but may or may not be secured by the related fee interest in such Mortgaged Property (the "Fee Interest"), and as to such Ground Leases:such

Leasehold Estate. Each Mortgaged Property consists of a fee simple estate in real estate or, if the related Mortgage Loan is secured in whole or in part by the interest of a Mortgagor as a lessee under a ground lease of a Mortgaged Property (a "Ground Lease"" which term shall include any related estoppel letter or lender protection agreement between the Seller and related lessor), by the related Mortgagor's interest in the Ground Lease but not by the related fee interest in such Mortgaged Property (the "Fee Interest"), and as to such Ground Leases: