Common use of Title to Real Property Clause in Contracts

Title to Real Property. Mortgagor (a) owns fee simple title to the Real Property, (b) owns all of the beneficial and equitable interest in and to the Real Property, and (c) is lawfully seized and possessed of the Real Property. Mortgagor xxx xxx right and authority to convey a security interest in the Real Property and does hereby convey a security interest in the Real Property. The Real Property is subject to no Encumbrances other than the Permitted Encumbrances.

Appears in 5 contracts

Samples: Grubb & Ellis Healthcare REIT, Inc., Grubb & Ellis Healthcare REIT, Inc., Grubb & Ellis Healthcare REIT, Inc.

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Title to Real Property. Mortgagor (a) owns fee simple title to the Real Property, (b) owns all of the beneficial and equitable interest in and to the Real Property, and (c) is lawfully seized and possessed of the Real Property. Mortgagor xxx xxx has the right and authority to convey a security interest in the Real Property and does hereby convey a security interest in the Real PropertyProperty with general warranty. The Real Property is subject to no Encumbrances other than the Permitted Encumbrances.

Appears in 4 contracts

Samples: FSP 50 South Tenth Street Corp, Grubb & Ellis Healthcare REIT II, Inc., Grubb & Ellis Healthcare REIT II, Inc.

Title to Real Property. Mortgagor (a) owns fee simple title to the Real Property, (b) owns all of the beneficial and equitable interest in and to the Real Property, and (c) is lawfully seized and possessed of the Real Property. Mortgagor xxx xxx has the right and authority to convey a security interest in the Real Property and does hereby convey a security interest in the Real Property. The Real Property is subject to no Encumbrances other than the Permitted Encumbrances.

Appears in 1 contract

Samples: Mortgage, Assignment, Security Agreement and Fixture (Grubb & Ellis Healthcare REIT, Inc.)

Title to Real Property. Mortgagor (a) owns good and marketable fee simple title to the Real Property, (b) owns all of the beneficial and equitable interest in and to the Real Property, and (c) is lawfully seized and possessed of the Real Property. Mortgagor xxx xxx Xxxxxxxxx has the right and authority to mortgage and convey a security interest in the Real Property and does hereby mortgage and convey a security interest in the Real PropertyProperty with general warranty to Mortgagee. The Real Property is subject to no Encumbrances other than the Permitted Encumbrances.

Appears in 1 contract

Samples: Security Agreement (AstroNova, Inc.)

Title to Real Property. Mortgagor (a) owns fee simple title to the Real Property, (b) owns all of the beneficial and equitable interest in and to the Real Property, and (c) is lawfully seized and possessed of the Real Property. Mortgagor xxx xxx has the right and authority to convey a security interest in the Real Property and does hereby convey a security interest in the Real Property. The Real Property is subject to no Encumbrances other than the Permitted Encumbrances.

Appears in 1 contract

Samples: Security Agreement (Dixie Group Inc)

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Title to Real Property. Mortgagor (a) owns good and marketable fee simple title to the Real Property, (b) owns all of the beneficial and equitable interest in and to the Real Property, and (c) is lawfully seized and possessed of the Real PropertyProperty and Personalty. Mortgagor xxx xxx has the right and authority to mortgage and convey a security interest in the Real Property and does hereby mortgage and convey a security interest in the Real PropertyProperty to Mortgagee. The Real Property and Personalty is subject to no Encumbrances other than the Permitted Encumbrances.

Appears in 1 contract

Samples: Term Loan Agreement (Acadia Realty Trust)

Title to Real Property. Mortgagor (a) owns fee simple title to the Real PropertyProperty (other than the interest created by the Ground Lease for which Mortgagor xxx x xxasehold right as a tenant), (b) owns all of the beneficial and equitable interest in and to the Real Property, and (c) is lawfully seized and possessed of the Real Property. Mortgagor xxx xxx right and authority to convey a security interest in the Real Property and does hereby convey a security interest in the Real Property. The Real Property is subject to no Encumbrances other than the Permitted Encumbrances.

Appears in 1 contract

Samples: NNN Healthcare/Office REIT, Inc.

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