Right to Deem All of Property as Real Estate. In any sale of the Mortgaged Property made pursuant to this Mortgage, Mortgagee, to the extent permitted by applicable law, may elect to deem all of the Mortgaged Property to be real property for purposes thereof.
Appears in 8 contracts
Samples: Leases and Rents and Security Agreement (Taubman Centers Inc), Mortgage (Taubman Centers Inc), And Security Agreement (Taubman Centers Inc)