No Material Encroachments. To the Seller’s Knowledge, no improvement that was included for the purpose of determining the appraised value of the related Real Estate Owned as of the last appraisal lay outside the boundaries and building restriction lines of such property, and no improvements on adjoining properties encroached upon such Real Estate Owned.
Appears in 2 contracts
Sources: Residential Loan Purchase Agreement (Cascade Bancorp), Commercial Loan Purchase Agreement (Cascade Bancorp)
No Material Encroachments. To the Seller’s Knowledge, no improvement that was included for the purpose of determining the appraised value of the related Real Estate Owned as of the last appraisal lay outside the boundaries and building restriction lines of such property, and no improvements on adjoining properties encroached upon such Real Estate Owned.
Appears in 1 contract
Sources: Asset Purchase Agreement (First South Bancorp Inc /Va/)