No Merger of Interests. Unless expressly provided otherwise, in the event that ownership hereof and title to the fee and/or leasehold estates in the Premises encumbered hereby shall become vested in the same person or entity, this Mortgage shall not merge in said title but shall continue to be and remain a valid and subsisting lien on said estates in the Premises for the amount secured hereby.
Appears in 17 contracts
Samples: Leases and Rents and Security Agreement (Taubman Centers Inc), Mortgage, Security Agreement and Fixture (PPL Energy Supply LLC), Mortgage (Taubman Centers Inc)
No Merger of Interests. Unless expressly provided otherwise, in the event that ownership hereof and title to the fee and/or leasehold estates in the Premises encumbered hereby shall become vested in the same person or entity, this Mortgage Deed shall not merge in said title but shall continue to be and remain a valid and subsisting lien and/or trust deed on said estates in the Premises for the amount secured hereby.
Appears in 10 contracts
Samples: Security Agreement (Apple Suites Inc), Security Agreement (Apple Suites Inc), Security Agreement (Apple Suites Inc)
No Merger of Interests. Unless expressly provided otherwise, in the event that ownership hereof and title to the fee and/or leasehold estates in the Premises encumbered hereby shall become vested in the same person or entity, this Mortgage shall not merge in said title but shall continue to be and remain a valid and subsisting lien and/or trust deed on said estates in the Premises for the amount secured hereby.
Appears in 4 contracts
Samples: And Security Agreement (Apple Suites Inc), And Security Agreement (Apple Suites Inc), Rents and Security Agreement (Apple Suites Inc)
No Merger of Interests. Unless expressly provided otherwise, ---------------------- in the event that ownership hereof and title to the fee and/or leasehold estates in the Premises encumbered hereby shall become vested in the same person or entity, this Mortgage Deed shall not merge in said title but shall continue to be and remain a valid and subsisting lien and/or trust deed on said estates in the Premises for the amount secured hereby.
Appears in 2 contracts
Samples: Security Agreement (Apple Suites Inc), Apple Suites Inc
No Merger of Interests. Unless expressly provided otherwise, ---------------------- in the event that ownership hereof and title to the fee and/or leasehold estates in the Premises encumbered hereby shall become vested in the same person or entity, this Mortgage shall not merge in said title but shall continue to be and remain a valid and subsisting lien on said estates in the Premises for the amount secured hereby.
Appears in 1 contract
Samples: Taubman Centers Inc
