Common use of Lien of this Instrument Clause in Contracts

Lien of this Instrument. Subject to the Senior Liens, this Mortgage constitutes a valid and subsisting mortgage lien on the Real Property and the Fixtures and a valid, subsisting security interest in and to, and a valid assignment of, the Personalty and Leases, all in accordance with the terms hereof.

Appears in 1 contract

Sources: Mortgage (Holly Energy Partners Lp)

Lien of this Instrument. Subject to the Senior Liens, this Mortgage constitutes a valid and subsisting mortgage and Mortgage lien on the Real Property and the Fixtures and a valid, subsisting security interest in and to, and a valid assignment of, the Personalty and Leases, all in accordance with the terms hereof.

Appears in 1 contract

Sources: Mortgage (Holly Energy Partners Lp)