Common use of Use of Secured Property by Public Clause in Contracts

Use of Secured Property by Public. Mortgagor shall not suffer or permit the Secured Property, or any part thereof, to be used by the public as such, without restriction or in such manner as might impair Mortgagor’s title to the Secured Property or any part thereof, or in such manner as might make possible a claim or claims of adverse usage or adverse possession, or of any implied dedication to the public of the Secured Property or any part thereof.

Appears in 4 contracts

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Dividend Capital Diversified Property Fund Inc.), Mortgage, Assignment of Leases and Rents and Security Agreement (Industrial Income Trust Inc.), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Dividend Capital Total Realty Trust Inc.)

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Use of Secured Property by Public. Mortgagor Trustor shall not suffer or permit the Secured Property, or any part thereof, to be used by the public as such, without restriction or in such manner as might impair Mortgagor’s Trustor's title to the Secured Property or any part thereof, or in such manner as might make possible a claim or claims of adverse usage or adverse possession, or of any implied dedication to the public of the Secured Property or any part thereof.

Appears in 1 contract

Samples: Deed of Trust (Maguire Properties Inc)

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Use of Secured Property by Public. Mortgagor Borrower shall not suffer or permit the Secured Property, or any part thereof, to be used by the public as such, without restriction or in such manner as might impair Mortgagor’s Borrower's title to the Secured Property or any part thereof, or in such manner as might make possible a claim or claims of adverse usage or adverse possession, or of any implied dedication to the public of the Secured Property or any part thereof.

Appears in 1 contract

Samples: Deed to Secure Debt, Assignment of Leases and Rents and Security Agreement (Systemax Inc)

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