Common use of Title to Mortgaged Property Clause in Contracts

Title to Mortgaged Property. and Lien of this Instrument. Grantor owns the Mortgaged Property free and clear of any liens, claims or interests, except the Permitted Encumbrances and the Permitted Liens. This Deed of Trust creates a valid, enforceable first priority lien and security interest against the Mortgaged Property, subject only to the Permitted Encumbrances.

Appears in 3 contracts

Samples: Deed of Trust (M & F Worldwide Corp), Deed of Trust (M & F Worldwide Corp), Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (M & F Worldwide Corp)

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Title to Mortgaged Property. and Lien of this Instrument. Grantor owns the Mortgaged Property free and clear of any liens, claims or interests, except the Permitted Encumbrances and the Permitted Liens. This Deed of Trust creates a valid, enforceable first priority lien liens and security interest interests against the Mortgaged Property, subject only to the Permitted Encumbrances.

Appears in 2 contracts

Samples: Credit Agreement (Headwaters Inc), Second Lien Credit Agreement (Headwaters Inc)

Title to Mortgaged Property. and Lien of this Instrument. Grantor owns the Mortgaged Property free and clear of any liens, claims or interests, except the Permitted Encumbrances and the Permitted LiensEncumbrances. This Deed of Trust Mortgage creates a valid, enforceable first second priority lien liens and security interest interests against the Mortgaged Property, subject only to the Permitted EncumbrancesSenior Mortgage.

Appears in 1 contract

Samples: Mortgage, Assignment of Rents and Leases, and Security Agreement (Otr Express Inc/Ks)

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Title to Mortgaged Property. and Lien of this Instrument. Grantor owns the Mortgaged Property free and clear of any liens, claims or interests, except the Permitted Encumbrances and the Permitted Liens. This Deed of Trust creates a valid, enforceable first priority lien liens and security interest interests against the Mortgaged Property, subject only to the Permitted Encumbrances.

Appears in 1 contract

Samples: Credit Agreement (Icg Communications Inc /De/)

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