Common Area CGL Insurance Requirement. The Servicer must ensure that the Owners' Association maintains a Comprehensive General Liability Insurance policy covering all of the common areas, common elements, commercial spaces and public ways in the Condominium Project or PUD in which a Mortgaged Property is located.
Appears in 76 contracts
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar6 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-7 Trust), Servicing Agreement (Wells Fargo Alternative Loan 2007-Pa4 Trust)
Common Area CGL Insurance Requirement. The Servicer must ensure that the Owners' ’ Association maintains a Comprehensive General Liability Insurance policy covering all of the common areas, common elements, commercial spaces and public ways in the Condominium Project or PUD in which a Mortgaged Property is located.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Asset Securities Corp)
