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Common use of Interest in Property Clause in Contracts

Interest in Property. Except with respect to Mortgage Loans set forth on Exhibit 20, each Mortgage encumbers a fee simple interest in the Mortgaged Property.

Appears in 2 contracts

Sources: Mortgage Loan Purchase Agreement (Bay View Capital Corp), Mortgage Loan Purchase Agreement (Bay View Capital Corp)

Related Clauses

  • Qualified Property
  • INCOME FROM IMMOVABLE PROPERTY
  • Property or Properties
  • Title to REO Property; REO Account
  • Mortgaged Property Undamaged

Parent Clauses

  • PROPERTY MANAGEMENT
  • Ownership of Venture Property
  • Representations Warranties and Acknowledgments
  • Representations Warranties and Acknowledgements
  • Consistency with General Plan
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