The Deed. The Lessee has caused to be delivered to the Agency, for good and valuable consideration therefor, pursuant to the Deed, good and marketable fee simple title to the Land and the Improvements, and all rights or interests therein or appertaining thereto, together with all structures, buildings, foundations, related facilities, fixtures and other improvements existing thereon or therein as of the date thereof, free and clear of all liens, claims, charges, encumbrances, security interests and servitudes other than Permitted Encumbrances. It is understood that (i) good and marketable fee simple title to all Improvements and good and merchantable title to all Facility Equipment intended to be incorporated or installed in the Facility as part of the Project shall vest in the Agency immediately upon delivery to or installation or incorporation into the Facility or payment therefor, whichever shall occur first, and (ii) the Lessee shall take all action necessary to so vest title to such Improvements and Facility Equipment in the Agency and to protect such title against claims of any third parties.
The Deed. Seller shall convey or cause to be conveyed to Buyer or Buyer’s designated grantee good and merchantable title to the Real Estate by recordable general Warranty Deed, with release of homestead rights, if applicable. Title when conveyed will be good and merchantable, subject only to: general real estate taxes not due and payable at the time of Closing, covenants, conditions, and restrictions of record, building lines and easements, if any, so long as they do not interfere with the current use and enjoyment of the Real Estate.
The Deed. Mineral Reservation. Seller shall convey the Real Estate to ----------------------------- Buyer by a Corporation Grant Deed (the "Deed"). In the Deed, Seller will reserve the rights, below the depth of 500 feet, to minerals and oil, gas, and other hydrocarbon substances in and under the land being sold, but without the right of surface entry.
The Deed. At the time specified in paragraph 8 above for Settlement the Seller shall deliver to Purchaser a Special Warranty Deed (the "Deed") conveying fee simple title to the Property, described according to the applicable legal description attached hereto as Exhibit A, subject to all liens, encumbrances, conditions, restrictions and other matters of record, unless otherwise agreed in writing.
The Deed. Seller shall convey or cause to be conveyed to Buyer or Buyer’s designated grantee good and merchantable title to the Real Estate by recordable general Warranty Deed, with release of homestead rights, (or the appropriate deed if title is in trust or in an estate), and with real estate transfer stamps to be paid by Seller (unless otherwise designated by local ordinance). Title when conveyed will be good and merchantable, subject only to: general real estate taxes not due and payable at the time of Closing, covenants, conditions, and restrictions of record, building lines and easements, if any, so long as they do not interfere with the current use and enjoyment of the Real Estate.
The Deed. 7.2.2 The Closing Statement (as defined in Section 7.6.7);
The Deed. At the Closing, Seller shall convey the Property to Purchaser by special warranty deed in the form of Exhibit B attached hereto (the "Deed").
The Deed. (c) The Assignment and Assumption Agreement.
The Deed. 4.1.2 The Bilx xx Sale.
The Deed. Seller shall convey or cause to be conveyed to Buyer or Xxxxx’s Designated grantee good and merchantable title to the Real Estate by recordable Warranty Deed, with Buyer Initials Seller Initials release of homestead rights, (or the appropriate deed if title is in trust or in an estate), and with real estate transfer stamps to be paid by Seller (unless otherwise designated by local ordinance). Title when conveyed will be good and merchantable, subject only to: existing farm tenant’s possession for the 2021 crop year; covenants, conditions, and restrictions of record and building lines and easements, if any; current accrued real estate taxes; drainage ditches, feeders and laterals; the rights of the municipality, the State of Illinois and the general public in and to that part of real estate taken or used for roadway.
