Common use of Title, Mortgage Lien Clause in Contracts

Title, Mortgage Lien. Mortgagor has good and marketable fee simple title to the Mortgaged Property, subject only to Permitted Liens. Mortgagor will forever warrant and defend its title to the Mortgaged Property, the rights of Mortgagee therein under this Mortgage and the validity and priority of the lien of this Mortgage thereon against the claims of all persons and parties except those having rights under Permitted Liens (but to the extent of those rights).

Title, Mortgage Lien. Mortgagor has good and marketable fee simple title to the Mortgaged Property, subject only to Permitted LiensLiens expressly permitted under Section 6.02 of the Credit Agreement. Mortgagor will forever warrant and defend its title to the Mortgaged Property, the rights of Mortgagee therein under this Mortgage and the validity and priority of the lien of this Mortgage thereon against the claims of all persons and parties except those having rights under Permitted Liens expressly permitted under Section 6.02 of the Credit Agreement (but to the extent of those rights).