Common use of Independence of the Real Property Clause in Contracts

Independence of the Real Property. Except as disclosed in the underlying documents referenced in the title commitment relating to the Property delivered to Mortgagee in connection with the making of the Loan, no buildings or other improvements on property not covered by this Mortgage rely on the Real Property or any interest therein to fulfill any requirement of any Governmental Authority for the existence of such property, building or improvements; and, to Mortgagor’s knowledge and belief, none of the Real Property relies, or will rely, on any property not covered by this Mortgage or any interest therein to fulfill any requirement of any Governmental Authority. To Mortgagor’s knowledge and belief, the Real Property has been properly BK 23319 PG 1100 subdivided from all other property in accordance with the requirements of any applicable Governmental Authorities.

Appears in 1 contract

Sources: Mortgage, Assignment, Security Agreement and Fixture Filing (KBS Real Estate Investment Trust II, Inc.)

Independence of the Real Property. Except as disclosed in the underlying documents referenced in the title commitment relating to the Property delivered to Mortgagee in connection with the making of the Loan, no buildings or other improvements on property not covered by this Mortgage rely on the Real Property or any interest therein to fulfill any requirement of any Governmental Authority for the existence of such property, building or improvements; and, to Mortgagor’s knowledge and belief, none of the Real Property relies, or will rely, on any property not covered by this Mortgage or any interest therein to fulfill any requirement of any Governmental Authority. To Mortgagor’s knowledge and belief, the Real Property has been properly BK 23319 PG 1100 952 subdivided from all other property in accordance with the requirements of any applicable Governmental Authorities.

Appears in 1 contract

Sources: Mortgage, Assignment, Security Agreement and Fixture Filing (KBS Real Estate Investment Trust II, Inc.)