Common use of Assignment of Policies Upon Foreclosure Clause in Contracts

Assignment of Policies Upon Foreclosure. In the event of foreclosure of this Mortgage or other transfer of title or assignment of the Mortgaged Property in extinguishment, in whole or in part, of the debt secured hereby, all right, title and interest of Mortgagor in and to all policies of insurance required by Section 1.3 will inure to the benefit of and pass to the successor in interest to Mortgagor or the purchaser or grantee of the Mortgaged Property.

Assignment of Policies Upon Foreclosure. In the event of foreclosure of this Mortgage Security Instrument or other transfer of title or assignment of the Mortgaged Property in extinguishment, in whole or in part, of the debt secured hereby, all right, title and interest of Mortgagor in Borrower In and to all policies of insurance required by Section 1.3 will inure 1.07 hereof shall Inure to the benefit of and pass to the successor in interest to Mortgagor Borrower or the purchaser or grantee of the Mortgaged Property.

Assignment of Policies Upon Foreclosure. In That in the event of foreclosure of this Mortgage or other transfer of title or assignment of the Mortgaged Property in extinguishment, in whole or in part, of the debt secured hereby, all right, title and interest of Mortgagor in and to all policies of insurance (except for the liability insurance) required by Section 1.3 will this Mortgage shall and must inure to the benefit of and pass to the successor in interest to Mortgagor or the purchaser or grantee of the Mortgaged Property.

Assignment of Policies Upon Foreclosure. In the event of foreclosure of this Mortgage or other transfer of title or assignment of the Mortgaged Property in extinguishment, in whole or in part, of the debt secured hereby, all right, title and interest of Mortgagor in and to all policies of insurance required by this Section 1.3 will shall inure to the benefit of and pass to the successor in interest to Mortgagor or the purchaser or grantee of the Mortgaged Property.

Assignment of Policies Upon Foreclosure. In the event of foreclosure of this Mortgage or other transfer of title or assignment of the Mortgaged Property Estate in extinguishment, in whole or in part, of the debt secured herebySecured Obligations, all right, title and interest of Mortgagor Grantor in and to all policies of insurance including any refundable premiums required by Section 1.3 will this Mortgage shall inure to the benefit of and pass to the successor in interest to Mortgagor of Grantor or the purchaser or grantee of the Mortgaged PropertyEstate.

Assignment of Policies Upon Foreclosure. In the event of foreclosure of this Mortgage or other transfer of title or assignment of the Mortgaged Property in extinguishment, in whole or in part, of the debt secured hereby, all right, title and interest of the Mortgagor in and to all policies of insurance required by this Section 1.3 will shall inure to the benefit of and pass to the successor in interest to Mortgagor or the purchaser or grantee of the Mortgaged Property.

Assignment of Policies Upon Foreclosure. In the event of foreclosure of this Mortgage mortgage or other transfer of title or assignment of the Mortgaged Property Premises in extinguishment, in whole or in part, of the debt secured hereby, all right, title and interest of Mortgagor in and to all policies of insurance required by Section 1.3 will this Mortgage shall inure to the benefit of and pass to the successor or successors in interest to Mortgagor or the purchaser or grantee of the Mortgaged PropertyPremises.

Assignment of Policies Upon Foreclosure. In the event of foreclosure of this Mortgage or other transfer of title or assignment of the Mortgaged Property in extinguishment, in whole or in part, of the debt secured hereby, all right, title and interest of Mortgagor Grantor in and to all policies of insurance required by Section 1.3 will inure to the benefit of and pass to the successor in interest to Mortgagor Grantor or the purchaser or grantee of the Mortgaged Property.