Common use of Compliance with Law; Permits and Licenses Clause in Contracts

Compliance with Law; Permits and Licenses. (1) To Borrower’s knowledge, all improvements to the Land and the use of the Mortgaged Property comply with all applicable laws, ordinances, statutes, rules and regulations, including all applicable statutes, rules and regulations pertaining to requirements for equal opportunity, anti-discrimination, fair housing and environmental protection. (2) To Borrower’s knowledge, there is no evidence of any illegal activities on the Mortgaged Property. (3) To Borrower’s knowledge, no permits or approvals from any Governmental Authority, other than those previously obtained and furnished to Lender, are necessary for the commencement and completion of the Repairs or Replacements, as applicable. (4) All required permits, licenses and certificates to comply with all zoning and land use statutes, laws, ordinances, rules and regulations, and all applicable health, fire, safety and building codes, and for the lawful use and operation of the Mortgaged Property, including certificates of occupancy, apartment licenses or the equivalent, have been obtained and are in full force and effect. (5) No portion of the Mortgaged Property has been purchased with the proceeds of any illegal activity.

Compliance with Law; Permits and Licenses. (1) To Borrower’s 's knowledge, all improvements to the Land and the use of the Mortgaged Property comply with all applicable laws, ordinances, statutes, rules and regulations, including all applicable statutes, rules and regulations pertaining to requirements for equal opportunity, anti-discrimination, fair housing and environmental protection. (2) To Borrower’s 's knowledge, there is no evidence of any illegal activities on the Mortgaged Property. (3) To Borrower’s 's knowledge, no permits or approvals from any Governmental Authority, other than those previously obtained and furnished to Lender, are necessary for the commencement and completion of the Repairs or Replacements, as applicable. (4) All To Borrower's knowledge, all required permits, licenses and certificates to comply with all zoning and land use statutes, laws, ordinances, rules and regulations, and all applicable health, fire, safety and building codes, and for the lawful use and operation of the Mortgaged Property, including certificates of occupancy, apartment licenses or the equivalent, have been obtained and are in full force and effect. (5) No portion of the Mortgaged Property has been purchased with the proceeds of any illegal activity.