Permitted Matters definition
Examples of Permitted Matters in a sentence
Mortgagor holds good and marketable title in fee simple to the Land and Improvements, and the same are free and clear from all conditions, restrictions, easements, liens and encumbrances whatsoever except property taxes not yet due and payable and the Permitted Matters, and Mortgagor will forever warrant and defend the same with the appurtenances above mentioned, unto Mortgagee, its successors and assigns, against the lawful claims of all persons whomsoever, except as noted above.
AND, subject to the Permitted Matters, Grantor hereby bind Grantor and Grantor’s successors and assigns to warrant and forever defend, all and singular, the Property before mentioned unto the said Grantee, its successors and assigns, against itself and its successors and assigns, and against all persons claiming through or under the Grantors, or to claim, the same or any part thereof.
The Property shall be conveyed to Purchaser by Seller subject to the Permitted Matters.