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: Mortgage, Assignment, Security Agreement and Fixture Filing (Grubb & Ellis Healthcare REIT, Inc.), Mortgage, Assignment, Security Agreement (Grubb & Ellis Healthcare REIT, Inc.), Mortgage, Assignment, Security Agreement and Fixture Filing (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: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (FSP 50 South Tenth Street Corp), Open End Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Grubb & Ellis Healthcare REIT II, Inc.), Open End Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (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 Filing (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: Open End Mortgage Deed (AstroNova, Inc.)

Title to Real Property. Mortgagor 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)

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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 Property. The Real Property is subject to no Encumbrances other than the Permitted Encumbrances.

Appears in 1 contract

Samples: Mortgage, Assignment of Rents and Leases, Security Agreement and Fixture Filing (Dixie Group Inc)

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: Open End Mortgage, Assignment, Security Agreement and Fixture Filing (NNN Healthcare/Office REIT, Inc.)

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