Common use of Assignment of Policies Upon Foreclosure Clause in Contracts

Assignment of Policies Upon Foreclosure. In the event of a foreclosure pursuant to this Deed of Trust or other transfer of title or assignment of the Trust Estate in extinguishment, in whole or in part, of the debt secured hereby, all right, title and interest of Trustor in and to all policies of insurance maintained pursuant to Section 2.5 shall inure to the benefit of and pass to the successor in interest to Trustor or the purchaser or grantee of the Trust Estate.

Assignment of Policies Upon Foreclosure. In the event of a foreclosure pursuant to of this Deed of Trust as a mortgage, a sale under the power of sale, or any other transfer of title or assignment of the Trust Estate in extinguishment, in whole or in part, of the debt secured herebySecured Obligations, all right, title and interest of Trustor in and to all policies of insurance maintained pursuant to required by Section 2.5 1.03 shall inure to the benefit of and pass to the successor in interest to Trustor or the purchaser or grantee of the Trust Estate, to the extent such policies are assignable pursuant to the terms thereof.

Assignment of Policies Upon Foreclosure. In the event of a foreclosure pursuant to of this Deed of Trust or other transfer of title or assignment of the Trust Estate in extinguishment, in whole or in part, of the debt secured hereby, all right, title and interest of Trustor in and to all policies of insurance maintained pursuant to Section 2.5 required by this Deed of Trust shall inure to the benefit of and pass to the successor in interest to Trustor or the purchaser or grantee of the Trust Estate.

Assignment of Policies Upon Foreclosure. In the event of a foreclosure pursuant to of this Deed of Trust or other transfer of title or assignment of the Trust Estate in extinguishment, extinguishment in whole or in part, of the debt secured hereby, all right, title and interest of Trustor in and to all policies of insurance maintained pursuant to required by this Section 2.5 shall inure to the benefit of and pass to the successor in interest to Trustor or the purchaser or grantee of the Trust Estate.

Assignment of Policies Upon Foreclosure. In the event of a foreclosure pursuant to of this Deed of Trust or other transfer of title or assignment of the Trust Estate Mortgaged Property in extinguishment, in whole or in part, of the debt indebtedness secured hereby, all right, title and interest of Trustor in and to all policies of insurance maintained pursuant to Section 2.5 required by this Deed of Trust shall inure to the benefit of and pass to the successor in interest to Trustor Trustor, or the purchaser or grantee of the Trust EstateMortgaged Property.

Assignment of Policies Upon Foreclosure. In the event of a foreclosure pursuant to of this Deed of Trust as a mortgage, a sale under the power of sale, or any other transfer of title or assignment of the Trust Estate in extinguishment, in whole or in part, of the debt secured herebyObligations, all right, title and interest of Trustor in and to all policies of insurance maintained pursuant to required by Section 2.5 1.3 shall inure to the benefit of and pass to the successor in interest to Trustor or the purchaser or grantee of the Trust Estate, to the extent such policies are assignable pursuant to the terms thereof.

Assignment of Policies Upon Foreclosure. In the event of a foreclosure pursuant to of this Deed of Trust or other transfer of title or assignment of the Trust Estate in extinguishment, in 147 whole or in part, of the debt secured hereby, all right, title and interest of Trustor in and to all policies of insurance maintained pursuant to required by Section 2.5 1.3 and covering solely the Trust estate or any portion thereof shall inure to the benefit of and pass to the successor in interest to Trustor or to the purchaser or grantee of the Trust Estate.

Assignment of Policies Upon Foreclosure. In the event of a foreclosure pursuant to of this Deed of Trust or other transfer of title or assignment of the Trust Estate in extinguishment, in whole or in part, of the debt secured hereby, all right, title and interest of Trustor in and to all policies of insurance maintained pursuant to required by Section 2.5 shall 1.3 will inure to the benefit of and pass to the successor in interest to Trustor or the purchaser or grantee of the Trust Estate.

Assignment of Policies Upon Foreclosure. In the event of a foreclosure pursuant to of this Deed of Trust or other transfer of title or assignment of the Trust Estate in extinguishment, in whole or in part, of the debt secured hereby, all right, title and interest of Trustor in and to all policies of insurance maintained pursuant to required by Section 2.5 1.5 and covering solely the Trust Estate or any portion thereof shall inure to the benefit of and pass to the successor in interest to Trustor or to the purchaser or grantee of the Trust Estate.

Assignment of Policies Upon Foreclosure. In the event of a foreclosure pursuant to of this Deed of Trust or other transfer of title or assignment of the Trust Estate in extinguishment, in whole or in part, of the debt secured hereby, all right, title and interest of Trustor in and to all policies of insurance maintained pursuant to Section 2.5 obtained by Trustor, whether required by the Loan Documents or otherwise, shall inure to the benefit of and pass to the successor in interest to Trustor or the purchaser or grantee of the Trust Estate.

Assignment of Policies Upon Foreclosure. In the event of a foreclosure pursuant to of this Deed of Trust or other transfer of title or assignment of the Trust Estate in extinguishment, in whole or in part, of the debt secured hereby, all right, title and interest of Trustor Borrower in and to all policies of insurance maintained pursuant to required by Section 2.5 shall 1.3 will inure to the benefit of and pass to the successor in interest to Trustor Borrower or the purchaser or grantee of the Trust Estate.

Assignment of Policies Upon Foreclosure. In the event of a foreclosure pursuant to of this Deed of Trust or other transfer of title or assignment of the Trust Estate in extinguishment, in whole or in part, of the debt secured hereby, all right, title title, and interest of Trustor Grantor in and to all policies of insurance maintained pursuant to Section 2.5 required by this Deed of Trust shall inure to the benefit of and pass to the successor in interest to Trustor Grantor or the purchaser or grantee of the Trust Estate.

Assignment of Policies Upon Foreclosure. In the event of a foreclosure pursuant to of this Deed of Trust or other transfer of title or assignment of the Trust Estate in extinguishment, in whole or in part, of the debt secured hereby, all right, title and interest of Trustor in and to all policies of insurance maintained pursuant to Section 2.5 required by this Deed of Trust shall inure to the benefit of and an pass to the successor in interest to Trustor or of the purchaser or grantee of the Trust Estate.