Common use of Condominiums/Planned Unit Developments Clause in Contracts

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets Xxxxxx Mae eligibility requirements for sale to Xxxxxx Xxx or is located in a condominium or planned unit development project which has received Xxxxxx Mae project approval and the representations and warranties required by Xxxxxx Xxx with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus minimis planned unit development) such condominium or planned unit development project meets Xxxxxx Mae Xxx eligibility requirements for sale to Xxxxxx Xxx Mae or is located in a condominium or planned unit development project which has received Xxxxxx Mae Xxx project approval and the representations and warranties required by Xxxxxx Xxx Mae with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Condominiums/Planned Unit Developments. If the dwelling on the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets Xxxxxx Mae and Xxxxxxx Mac eligibility requirements for sale to Xxxxxx Xxx or is located in a condominium or planned unit development project which has received Xxxxxx Mae project approval and the representations and warranties required by Xxxxxx Xxx with respect to such condominium or planned unit development have been made and remain true and correct in all respects;requirements.

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus minimis planned unit development) such condominium or planned unit development project meets Xxxxxx Mae Fxxxxx Mxx eligibility requirements for sale to Xxxxxx Xxx Fxxxxx Mae or is located in a condominium or planned unit development project which has received Xxxxxx Mae Fxxxxx Mxx project approval and the representations and warranties required by Xxxxxx Xxx Fxxxxx Mae with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets Xxxxxx Mae Xxx eligibility requirements for sale to Xxxxxx Xxx Mae or is located in a condominium or planned unit development project which has received Xxxxxx Mae Xxx project approval and the representations and warranties required by Xxxxxx Xxx Mae with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets Xxxxxx Fannie Mae eligibility requirements for sale to Xxxxxx Xxx Fannie Mae or is located in a condominium xx x xondominium or planned unit development project which proxxxx xhxxx has received Xxxxxx Fannie Mae project approval and the representations and warranties required by Xxxxxx Xxx requirxx xx Fannie Mae with respect to such condominium or planned unit development have been made hxxx xxex xade and remain true and correct in all respects;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus minimis planned unit development) such condominium or planned unit development project meets Xxxxxx Mae eligibility requirements for sale to Xxxxxx Xxx or is located in a condominium or planned unit development project which has received Xxxxxx Mae project approval and the representations and warranties required by Xxxxxx Xxx with respect to such condominium or planned unit development have been made and remain true and correct in all respects;warranties

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus minimis planned unit development) such condominium or planned unit development project meets Xxxxxx Mae eligibility requirements for sale to Xxxxxx Xxx or is located in a condominium or planned unit development project which has received Xxxxxx Mae project approval and the representations and warranties required by Xxxxxx Xxx with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets Xxxxxx Fannie Mae eligibility requirements for sale to Xxxxxx Xxx Fannie Mae or is located in a condominium xx x xoxxxminium or planned unit development project which proxxxx xhich has received Xxxxxx Fannie Mae project approval and the representations and warranties required by Xxxxxx Xxx requirxx xx Fxxxie Mae with respect to such condominium or planned unit development have been hxxx xxen made and remain true and correct in all respects;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus minimis planned unit development) such condominium or planned unit development project meets Xxxxxx Fannie Mae eligibility requirements for sale to Xxxxxx Xxx Fannie Mae or is located in a condominium locaxxx xx x xondominium or planned unit development project xxxxxct which has received Xxxxxx Fannie Mae project approval and the representations and warranties required by Xxxxxx Xxx rexxxxxx xx Fannie Mae with respect to such condominium or planned unit development have developmexx xxxe been made and remain true and correct in all respects;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus minimis planned unit development) such condominium or planned unit development project meets Xxxxxx Mae the eligibility requirements for sale to the Xxxxxx Xxx or is located in a condominium or planned unit development project which that has received the Xxxxxx Mae Xxx project approval approval, and the representations and warranties required by the Xxxxxx Xxx with respect to such condominium or planned unit development have been made and remain true and correct in all respects;.

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus minimis planned unit development) such condominium or planned unit development project meets Xxxxxx Fannie Mae eligibility xxxxxxixxxy requirements for sale to Xxxxxx Xxx or is Fannie Mae xx xx located in a condominium or planned unit development project which has received Xxxxxx Fannie Mae project approval xxxxxxt xxproval and the representations and warranties required by Xxxxxx Xxx with respect Fannie Mae xxxx xespect to such condominium or planned unit development have been made and remain true and correct in all respects;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus minimis planned unit development) such condominium or planned unit development project meets Xxxxxx Mae eligibility requirements for sale is (i) acceptable to Xxxxxx Xxx Fanxxx Xxe or is Frexxxx Xxc or (ii) located in a condominium or planned unit development project which has received Xxxxxx Mae project approval and the from Fanxxx Xxe or Frexxxx Xxc. The representations and warranties required by Xxxxxx Xxx Fanxxx Xxe with respect to such condominium or planned unit development have been made satisfied and remain true and correct in all respects;correct.

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development project meets Xxxxxx Fxxxxx Mae eligibility requirements for sale to Xxxxxx Xxx Fxxxxx Mxx or is located in a condominium or planned unit development project which has received Xxxxxx Fxxxxx Mae project approval and the representations and warranties required by Xxxxxx Xxx Fxxxxx Mxx with respect to such condominium or planned unit development have been made and remain true and correct in all respects;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus minimis planned unit development) such condominium or planned unit development project meets Xxxxxx Mae an Investor eligibility requirements for sale to Xxxxxx Xxx an Investor or is located in a condominium or planned unit development project which that has received Xxxxxx Mae an Investor project approval approval, and the representations and 25 warranties required by Xxxxxx Xxx an Investor with respect to such condominium or planned unit development have been made and remain true and correct in all respects;.

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus minimis planned unit development) such condominium or planned unit development project meets Xxxxxx Fannie Mae eligibility requirements for sale to Xxxxxx Xxx Fannie Mae or is located in a condominium ix x xxnxxxinium or planned unit development project which projxxx xxich has received Xxxxxx Fannie Mae project approval and the representations and warranties required by Xxxxxx Xxx requirex xx Xaxxxe Mae with respect to such condominium or planned unit development have been haxx xxxn made and remain true and correct in all respects;

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus minimis planned unit development) such condominium or planned unit development project meets Xxxxxx Mae eligibility requirements for sale is (i) acceptable to Xxxxxx Xxx or is Xxxxxxx Xxx or (ii) located in a condominium or planned unit development project which has received Xxxxxx Mae project approval and the from Xxxxxx Xxx or Xxxxxxx Xxx. The representations and warranties required by Xxxxxx Xxx with respect to such condominium or planned unit development have been made satisfied and remain true and correct in all respects;correct.

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimus planned unit development) such condominium or planned unit development developed project meets Xxxxxx Mae eligibility requirements for sale to Xxxxxx Xxx the relevant Agency Requirements or is located in a condominium or planned unit development project which has received Xxxxxx Mae project approval by the such Agency and the representations and warranties required by Xxxxxx Xxx such Agency with respect to such condominium or planned unit development have been made and remain true and correct in all respects;. No more than 5% of the Mortgage Loans (by number of Mortgage Loans) are secured by a Mortgaged Property which is a condominium or planned unit development.