Common use of Flood Hazards Clause in Contracts

Flood Hazards. Evidence as to whether or not the Property is or is to be located in an area having special flood hazards as such term is used in the federal Flood Disaster Protection Act of 1973. If any part of the Property is or is to be located in an area having "special flood hazards," a flood insurance policy or certificate thereof naming the Lender as mortgagee must be submitted to the Lender.

Appears in 4 contracts

Samples: Loan Agreement (Servico Market Center Inc), Loan Agreement (Servico Market Center Inc), Loan Agreement (Servico Market Center Inc)

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Flood Hazards. Evidence as to whether or not the any Property is or is to ------------- be located in an area having special flood hazards as such term is used in the federal Flood Disaster Protection Act of 1973. If any part of the Property is or is to be located in an area having "special flood hazards," a flood insurance policy or certificate thereof naming the Lender as mortgagee must be submitted to the Lender.

Appears in 1 contract

Samples: Loan Agreement (Corinthian Colleges Inc)

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