Conditions of Property. Borrower represents and warrants that Borrower has not received notice from any insurance company or bonding company of any defects or inadequacies in any or all of the Property which could (1) adversely affect the insurability of any or all of the Property, (2) cause the imposition of increased premiums or charges or (3) cause the termination of any insurance policy or bond.
Appears in 2 contracts
Sources: Mortgage, Assignment of Leases and Rents and Security Agreement (Clipper Realty Inc.), Consolidation, Modification, Extension and Spreader Agreement (Clipper Realty Inc.)
Conditions of Property. Borrower represents and warrants that Borrower has not received notice from any insurance company or bonding company of any defects or inadequacies in any or all of the Property which could (1) adversely affect the insurability of any or all of the Property, (2) cause the imposition of increased premiums or charges or (3) cause the termination of any insurance policy or bond.. Mortgage CD Form 127 Page 24 Loan No. 110686537 File No. 123-33001 04-09-11
Appears in 1 contract
Sources: Consolidation, Modification and Extension Agreement (Clipper Realty Inc.)