Common use of Leasehold Terms Clause in Contracts

Leasehold Terms. If this Security Instrument is on a leasehold, Borrower will comply with all the provisions of the lease. If Xxxxxxxx acquires fee title to the Property, the leasehold and the fee title will not merge unless Xxxxxx agrees to the merger in writing.

Leasehold Terms. If this Security Instrument is on a leasehold, Borrower will comply with all the provisions of the lease. If lease (the “Lease”.) Before Xxxxxxxx acquires fee title to the Property, the leasehold Xxxxxxxx must notify Lender and the fee title will not merge unless Xxxxxx agrees obtain Xxxxxx’s agreement to the merger acquisition in writing.

Leasehold Terms. If this Security Instrument is on a leasehold, Borrower will comply with all the provisions of the lease. If Xxxxxxxx Borrower acquires fee title to the Property, the leasehold and the fee title will not merge unless Xxxxxx Lender agrees to the merger in writing.