Common use of Mortgages and Deeds of Trust Clause in Contracts

Mortgages and Deeds of Trust. The mortgages and deeds of trust encumbering the Company’s properties are not convertible into equity and neither the Company nor any of its subsidiaries holds a participating interest therein and said mortgages and deeds of trust are not cross-defaulted or cross-collateralized to any property not owned by the Company or its subsidiaries.

Mortgages and Deeds of Trust. The mortgages and deeds of trust encumbering the Company’s properties Portfolio Properties are not convertible into equity and neither the Company nor any of its subsidiaries holds a participating interest therein and said mortgages and deeds of trust are not cross-defaulted or cross-collateralized to any property not owned by the Company or its subsidiaries.

Mortgages and Deeds of Trust. The mortgages and deeds of trust encumbering the Company’s properties real property owned by the Company and its Subsidiaries are not convertible into debt or equity and neither securities of the Company, nor does the Company nor any of its subsidiaries holds hold a participating interest therein therein, and said such mortgages and deeds of trust are not cross-defaulted or cross-collateralized to any property not owned directly or indirectly by the Company or its subsidiariesSubsidiaries.