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 minimis planned unit development) such condominium or planned unit development project such Mortgage Loan was originated in accordance with, and the Mortgaged Property meets the guidelines set forth in the Originator's Underwriting Guidelines. SCHEDULE IV NC Capital Corporation hereby makes the representations and warranties set forth in this Schedule IV to the Depositor and the Trustee, as of the Closing Date.

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project such Mortgage Loan was originated in accordance with, and the Mortgaged Property meets the guidelines set forth in the Originator's Underwriting Guidelines. SCHEDULE IV NC Capital Corporation hereby makes the representations and warranties set forth in this Schedule IV to the Depositor and the Trustee, as of the Closing Date.:

Condominiums/Planned Unit Developments. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project such Mortgage Loan was originated in accordance with, and the Mortgaged Property meets the guidelines set forth in the Originator's Underwriting GuidelinesGuideline. SCHEDULE IV NC Capital Corporation hereby makes the representations and warranties set forth in this Schedule IV to the Depositor and the Trustee, as of the Closing Date.