Common use of Insurance on the Property Clause in Contracts

Insurance on the Property. Borrower shall have delivered, or caused to be delivered, to Lender, in form and substance satisfactory to Lender, evidence of insurance coverage on the Property, and the improvements and personal property located thereon, in accordance with the provisions of the Deed of Trust, together with evidence in form and substance satisfactory to Lender, that all insurance premiums due to maintain such insurance have been paid in full and that no delinquencies exist with respect to the same;

Appears in 2 contracts

Sources: Mortgage Loan Modification Agreement (Resources Accrued Mortgage Investors 2 Lp), Mortgage Loan Modification Agreement (High Cash Partners L P)