Title to Mortgaged Property and Lien of this Instrument. Mortgagor owns the Mortgaged Property free and clear of any liens, claims or interests, except the Permitted Encumbrances. This Mortgage creates valid, enforceable first priority liens and security interests against the Mortgaged Property.
Appears in 6 contracts
Samples: Credit Agreement (FTD Group, Inc.), Credit Agreement (FTD Group, Inc.), Mortgage, Security Agreement, Assignment of Rents and Leases (Sandhills Inc)
Title to Mortgaged Property and Lien of this Instrument. Mortgagor owns the Mortgaged Property free and clear of any liens, claims or interests, except the Permitted Encumbrances. This Mortgage creates a valid, enforceable first priority liens lien and security interests interest against the Mortgaged Property, subject to Permitted Encumbrances.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Simmons Bedding Co), Credit and Guaranty Agreement (Simmons Co /Ga/)
Title to Mortgaged Property and Lien of this Instrument. Mortgagor owns the Mortgaged Property free and clear of any liens, claims or interests, except the Permitted Encumbrancespermitted encumbrances shown on SCHEDULE I attached hereto (the "PERMITTED ENCUMBRANCES"). This Mortgage creates a valid, enforceable [first priority liens priority] lien and security interests against the Mortgaged Property.
Appears in 1 contract
Samples: Debt Agreement (Loewen Group Inc)
Title to Mortgaged Property and Lien of this Instrument. Mortgagor owns the Mortgaged Property free Property, subject to the terms and provisions of the Subject Lease free, and clear of any liens, claims or interests, except the Permitted Encumbrances. This Mortgage creates a valid, enforceable first [first] priority liens lien and security interests interest against the Mortgaged Property.
Appears in 1 contract
Title to Mortgaged Property and Lien of this Instrument. Mortgagor owns the Mortgaged Property free and clear of any liens, claims or interests, except the Permitted Encumbrances. This Mortgage creates a valid, enforceable first priority liens lien and security interests interest against the Mortgaged Property.
Appears in 1 contract
