Common use of Condominium Documents Clause in Contracts

Condominium Documents. The Condominium Documents to Borrower’s knowledge relating to the CIGNA Mortgage Loan Property are in full force and effect and there is no default, breach or violation beyond the expiration of applicable notice and cure periods existing thereunder by CIGNA Mortgage Loan Borrower, or to Borrower’s knowledge, any other party thereto and to Borrower’s knowledge, no event has occurred (other than payments due but not yet delinquent) that, with the passage of time or the giving of notice, or both, would constitute a default, breach or violation by any party thereunder. To Borrower’s knowledge, the Condominium Documents are in full compliance with all applicable local, state and federal laws, rules and regulations which effect the establishment and maintenance of condominiums in the applicable state(s) (collectively, the “Condominium Law”) relating to condominiums. No assessments or other amounts payable by CIGNA Mortgage Loan Borrower with respect to any Condominium are delinquent as of the date hereof.