Common use of USE OF MONEY TO CLEAR TITLE Clause in Contracts

USE OF MONEY TO CLEAR TITLE. To enable the SELLER to make conveyance as herein provided, the SELLER may, at the time of delivery of the deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously with the delivery of said deed or, in the case of institutional lenders, within a reasonable time thereafter, in accordance with customary Massachusetts conveyancing practices.

USE OF MONEY TO CLEAR TITLE. To enable the SELLER Seller to make conveyance as herein provided, the SELLER Seller may, at the time of delivery of the deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments other than mortgage discharges so procured are recorded simultaneously with the delivery of said deed ordeed, in the case of institutional lenders, within a reasonable time thereafter, or appropriate arrangement is made for their subsequent recording in accordance with customary Massachusetts local conveyancing practicespractice.

USE OF MONEY TO CLEAR TITLE. To enable the SELLER Seller to make conveyance as herein provided, the SELLER Seller may, at the time of delivery of the deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously with the delivery of said deed deed, or, in the case of if institutional lendersmortgages only, within a reasonable time thereafter, thereafter in accordance with customary Massachusetts conveyancing practices.

USE OF MONEY TO CLEAR TITLE. To enable the SELLER Seller to make conveyance as herein provided, the SELLER Seller may, at the time of delivery of the this deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously with the delivery of said deed deed, or, in the case of if an institutional lendersmortgage, within a reasonable time thereafter, thereafter in accordance with customary Massachusetts conveyancing practices.

USE OF MONEY TO CLEAR TITLE. To enable the SELLER Seller to make conveyance as herein provided, the SELLER Seller may, at the time of delivery of the deedDeed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests, provided that all instruments so procured are recorded simultaneously with the delivery of said the deed or, in the case of institutional lenders, within a reasonable time thereafter, or that provision for prompt recording thereof in accordance with customary Massachusetts prevailing conveyancing practicespractices is made at the time of Closing.