Common use of Mortgaged Property Undamaged Clause in Contracts

Mortgaged Property Undamaged. The related Mortgaged Property is free of damage and waste; and there is no proceeding pending for the total or partial condemnation of such Mortgaged Property.

Appears in 4 contracts

Sources: Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (AmeriHome, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

Mortgaged Property Undamaged. The related Mortgaged Property is free of damage and waste; , and to the Seller’s knowledge, and there is no proceeding pending for the total or partial condemnation of such Mortgaged Property.

Appears in 4 contracts

Sources: Master Repurchase Agreement and Securities Contract (Radian Group Inc), Master Repurchase Agreement and Securities Contract (Radian Group Inc), Master Repurchase Agreement and Securities Contract (Radian Group Inc)

Mortgaged Property Undamaged. The No Condemnation. To the best of the Seller's knowledge, as of the applicable Funding Date, the related Mortgaged Property is free of material damage and waste; waste and there is no proceeding pending for the total or partial condemnation of such Mortgaged Property.thereof;

Appears in 1 contract

Sources: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-1)

Mortgaged Property Undamaged. The To the best of Seller’s knowledge, the related Mortgaged Property is free of damage and waste; and there is no proceeding pending for the total or partial condemnation of such Mortgaged Property.

Appears in 1 contract

Sources: Master Repurchase Agreement (Caliber Home Loans, Inc.)

Mortgaged Property Undamaged. The related Mortgaged Property is free of damage and waste; and there is are no proceeding proceedings pending for the total or partial condemnation of such Mortgaged Property.

Appears in 1 contract

Sources: Master Repurchase Agreement (loanDepot, Inc.)

Mortgaged Property Undamaged. The related Mortgaged Property is free of damage and waste; waste and there is no proceeding pending for the total or partial condemnation of such Mortgaged Property.

Appears in 1 contract

Sources: Master Repurchase Agreement (loanDepot, Inc.)