Common use of Separate Lots Clause in Contracts

Separate Lots. 28 3.1.14 Assessments..................................................................................28 3.1.15 No Defenses..................................................................................29 3.1.16 Assignment of Leases.........................................................................29 3.1.17 Insurance....................................................................................29 3.1.18 Licenses.....................................................................................29 3.1.19 Flood Zone...................................................................................29 3.1.20 Physical Condition...........................................................................29 3.1.21 Boundaries...................................................................................30 3.1.22 Leases.......................................................................................30 3.1.23 Filing and Recording Taxes...................................................................30 3.1.24

Separate Lots. 28 33 3.1.14 Assessments..................................................................................28 ................................................................................ 34 3.1.15 No Defenses..................................................................................29 Enforceability............................................................................. 34 3.1.16 Assignment of Leases.........................................................................29 ....................................................................... 34 3.1.17 Insurance....................................................................................29 .................................................................................. 34 3.1.18 Licenses.....................................................................................29 ................................................................................... 34 3.1.19 Flood Zone...................................................................................29 3.1.20 Physical Condition...........................................................................29 3.1.21 Boundaries...................................................................................30 3.1.22 Leases.......................................................................................30 3.1.23 Filing and Recording Taxes...................................................................30 3.1.24................................................................................. 34

Separate Lots. 28 31 3.1.14 Assessments..................................................................................28 ...................................................31 3.1.15 No Defenses..................................................................................29 Enforceability................................................31 3.1.16 Assignment of Leases.........................................................................29 ..........................................32 3.1.17 Insurance....................................................................................29 .....................................................32 3.1.18 Licenses.....................................................................................29 ......................................................32 3.1.19 Flood Zone...................................................................................29 ....................................................32 3.1.20 Physical Condition...........................................................................29 ............................................32 3.1.21 Boundaries...................................................................................30 ....................................................32 3.1.22 Leases.......................................................................................30 ........................................................32 3.1.23 Filing and Recording Taxes...................................................................30 ....................................33 3.1.24

Separate Lots. 28 25 3.1.14 Assessments..................................................................................28 ...................................................25 3.1.15 No Defenses..................................................................................29 Enforceability................................................25 3.1.16 Assignment of Leases.........................................................................29 ..........................................25 3.1.17 Insurance....................................................................................29 .....................................................25 3.1.18 Licenses.....................................................................................29 ......................................................26 3.1.19 Flood Zone...................................................................................29 ....................................................26 3.1.20 Physical Condition...........................................................................29 ............................................26 3.1.21 Boundaries...................................................................................30 ....................................................26 3.1.22 Leases.......................................................................................30 3.1.23 Filing and Recording Taxes...................................................................30 3.1.24........................................................26 3.1.23

Separate Lots. 28 25 3.1.14 Assessments..................................................................................28 ..........................................................25 3.1.15 No Defenses..................................................................................29 Enforceability.......................................................25 3.1.16 Assignment of Leases.........................................................................29 .................................................25 3.1.17 Insurance....................................................................................29 ............................................................25 3.1.18 Licenses.....................................................................................29 .............................................................25 3.1.19 Flood Zone...................................................................................29 ...........................................................25 3.1.20 Physical Condition...........................................................................29 ...................................................25 3.1.21 Boundaries...................................................................................30 ...........................................................26 3.1.22 Leases.......................................................................................30 3.1.23 Filing and Recording Taxes...................................................................30 3.1.24...............................................................26 3.1.23

Separate Lots. 28 346 3.1.14 Assessments..................................................................................28 ............................................................. 346 3.1.15 No Defenses..................................................................................29 Enforceability.......................................................... 346 3.1.16 Assignment of Leases.........................................................................29 Collateral.............................................................. 346 3.1.17 Insurance....................................................................................29 ............................................................... 347 3.1.18 Licenses.....................................................................................29 ................................................................ 347 3.1.19 Flood Zone...................................................................................29 .............................................................. 347 3.1.20 Physical Condition...........................................................................29 ...................................................... 347 3.1.21 Boundaries...................................................................................30 .............................................................. 347 3.1.22 Leases.......................................................................................30 .................................................................. 347 3.1.23 Filing and Recording Taxes...................................................................30 .............................................. 348 3.1.24

Separate Lots. 28 34 3.1.14 Assessments..................................................................................28 34 3.1.15 No Defenses..................................................................................29 Enforceability...............................................................................35 3.1.16 Assignment of Leases.........................................................................29 35 3.1.17 Insurance....................................................................................29 35 3.1.18 Licenses.....................................................................................29 35 3.1.19 Flood Zone...................................................................................29 35 3.1.20 Physical Condition...........................................................................29 35 3.1.21 Boundaries...................................................................................30 36 3.1.22 Leases.......................................................................................30 36 3.1.23 Filing and Recording Taxes...................................................................30 ........................................................................................36 3.1.24

Separate Lots. 28 3.1.14 34 3.1.17 Assessments..................................................................................28 3.1.15 ...........................................................................34 3.1.18 Enforceability........................................................................34 3.1.19 No Defenses..................................................................................29 3.1.16 Assignment Prior Assignment...................................................................34 3.1.20 Insurance.............................................................................34 3.1.21 Use of Leases.........................................................................29 3.1.17 Insurance....................................................................................29 3.1.18 Properties.....................................................................35 3.1.22 Certificate of Occupancy Licenses.....................................................................................29 3.1.19 .....................................................35 3.1.23 Flood Zone...................................................................................29 3.1.20 ............................................................................35 3.1.24 Physical Condition...........................................................................29 3.1.21 ....................................................................35 3.1.25 Boundaries...................................................................................30 3.1.22 ............................................................................35 3.1.26 Leases.......................................................................................30 3.1.23 ................................................................................35 3.1.27 Survey................................................................................36 3.1.28 Loan to Value.........................................................................36 3.1.29 Filing and Recording Taxes...................................................................30 3.1.24............................................................36 3.1.30

Separate Lots. 28 32 3.1.14 Assessments..................................................................................28 ................................................................ 33 3.1.15 No Defenses..................................................................................29 Enforceability............................................................. 33 3.1.16 Assignment of Leases.........................................................................29 ....................................................... 33 3.1.17 Insurance....................................................................................29 .................................................................. 33 3.1.18 Licenses.....................................................................................29 ................................................................... 33 3.1.19 Flood Zone...................................................................................29 3.1.20 Physical Condition...........................................................................29 3.1.21 Boundaries...................................................................................30 3.1.22 Leases.......................................................................................30 3.1.23 Filing and Recording Taxes...................................................................30 3.1.24................................................................. 33 </TABLE> -ii- <PAGE> <TABLE> <S> <C> 3.1.20

Separate Lots. 28 3.1.14 56 4.1.16 Assessments..................................................................................28 3.1.15 ......................................................................... 56 4.1.17 Enforceability...................................................................... 56 4.1.18 No Defenses..................................................................................29 3.1.16 Assignment Prior Assignment................................................................. 56 4.1.19 Insurance........................................................................... 56 4.1.20 Use of Leases.........................................................................29 3.1.17 Insurance....................................................................................29 3.1.18 Property..................................................................... 57 4.1.21 Certificate of Occupancy; Licenses.....................................................................................29 3.1.19 .................................................. 57 4.1.22 Flood Zone...................................................................................29 3.1.20 .......................................................................... 57 4.1.23 Physical Condition...........................................................................29 3.1.21 .................................................................. 57 4.1.24 Boundaries...................................................................................30 3.1.22 .......................................................................... 57 4.1.25 Leases.......................................................................................30 3.1.23 Filing and Recording Taxes...................................................................30 3.1.24.............................................................................. 58 4.1.26 Survey.............................................................................. 58

Separate Lots. 28 32 3.1.14 Assessments..................................................................................28 ................................................................ 33 3.1.15 No Defenses..................................................................................29 Enforceability............................................................. 33 3.1.16 Assignment of Leases.........................................................................29 ....................................................... 33 3.1.17 Insurance....................................................................................29 .................................................................. 33 3.1.18 Licenses.....................................................................................29 ................................................................... 33 3.1.19 Flood Zone...................................................................................29 3.1.20 Physical Condition...........................................................................29 3.1.21 Boundaries...................................................................................30 3.1.22 Leases.......................................................................................30 3.1.23 Filing and Recording Taxes...................................................................30 3.1.24................................................................. 33

Separate Lots. 28 24 3.1.14 Assessments..................................................................................28 ..................................................25 3.1.15 No Defenses..................................................................................29 Enforceability...............................................25 3.1.16 Assignment of Leases.........................................................................29 .........................................25 3.1.17 Insurance....................................................................................29 ....................................................25 3.1.18 Licenses.....................................................................................29 .....................................................25 3.1.19 Flood Zone...................................................................................29 ...................................................25 3.1.20 Physical Condition...........................................................................29 ...........................................25 3.1.21 Boundaries...................................................................................30 ...................................................25 3.1.22 Leases.......................................................................................30 3.1.23 Filing and Recording Taxes...................................................................30 3.1.24.......................................................26 3.1.23