Foreclosures. (i) If foreclosure proceedings are filed involving the Home, you shall be in default of the Agreement pursuant to Section G(10) and the Agreement shall terminate without notice to you and Sunrun may exercise any of its remedies, including but not limited to removal of the Solar System.
(ii) Xxxxxx Xxx and Federal Housing Finance Agency Guidance for foreclosures. The Federal Housing Finance Agency (FHFA) is the conservator of and responsible for ensuring that the lending agencies Xxxxxx Xxx and Freddie Mac serve as a reliable source of liquidity and funding for housing finance.
1. For all property financed by a Xxxxxx Xxx loan, FHFA guidelines require, and you and Sunrun (as applicable) agree:
(i) That the Home will remain connected to your Utility for the Initial Term and any Renewal Terms.
(ii) That in the event the Home is foreclosed upon, the lender shall have the discretion to:
1. Terminate the Agreement and require Sunrun to remove the Solar System;
2. Assume your obligations under the Agreement without payment of any transfer or similar fee; or
3. Terminate the Agreement and enter in to a new agreement with Sunrun under terms no less favorable than the original Agreement.
2. Sunrun agrees not to be named loss payee (or named insured) on your insurance policy/ies covering the Home.
3. Review the Xxxxxx Xxx Selling Guide effective November 3, 2015, Section B2-3-04, available at xxx.xxxxxxxxx.xxx, for more information. Your initials indicate that you have read, understood and accepted the provisions set forth in this Section G(5). Agreed and accepted by:
Foreclosures. A list of contact people for the Foreclosure, Claims and Bankruptcy area needs to be provided to Xxxxxx.
Foreclosures. A. A list of contact people for the Foreclosure, Claims and Bankruptcy area needs to be provided to Xxxxxx.
B. A listing of loans in foreclosure as provided by the MSP servicing release workstation within three Business Days of the related Servicing Transfer Date
C. Name and address listing of foreclosure attorneys report should be provided electronically (or the transfer of servicing must be reported to the applicable foreclosure attorneys) within 3 Business Days of the related Servicing Transfer Date.
D. Listing of any loans pending a Refunding to the Va., HUD Assignment, approved Dil, Presale or Partial Claim/ Preliminary report should be provided within 3 Business Days of the related Servicing Transfer Date.
E. Listing of any loan currently in non-foreclosure and non-bankruptcy related litigation to be provided within three Business Days of the related Servicing Transfer Date.
F. Listing of all loans with escrow advances.
G. Report of delinquent loans 120 days or older that are not active in foreclosure and or bankruptcy. Copies of breach letters will be provided as part of the Servicing File.
H. Vendor invoices received by the Prior Servicer at least one Business Day prior to the related Servicing Transfer Date are paid by the Prior Servicer.
I. Report of any loans on a stipulation or payment agreement and a copy of the executed agreement to be included in the Servicing File.
J. The name of the beneficiary they are used for foreclosures.
K. Files for foreclosures, bankruptcies, claims, breached loans, repayment plans and active loss mitigation accounts must be sorted and identified separately by marking the front of the file or boxing separately.
L. Trailing correspondence should be sent weekly with the exception of checks or money orders which should be forwarded daily for the first 60 days following the related Servicing Transfer Date. Thereafter, the Prior Servicer is to return all such received payments to the remitter(s)/borrower(s). M. Foreclosure files should be sent to the following address: [SPECIAL SERVICER] [ADDRESS]
Foreclosures. SUBORDINATION, NONDISTURBANCE ATTORNMENT (SEP 1999).
A. Lessor warrants that it holds such title to or other interest in the premises and other property as is necessary to the Government's access to the premises and full use and enjoyment thereof in accordance with the provisions of this lease. Government agrees, in consideration of the warranties and conditions set forth in this clause, that this lease is subject and subordinate to any, and all recorded mortgages, deeds of trust and other liens now or hereafter existing or imposed upon the premises, and to any renewal, modification or extension thereof. It is the intention of the parties that this provision shall be self- operative and that no further instrument shall be required to affect the present or subsequent subordination of this lease. Government agrees, however, within twenty (20) business days following the Government's receipt of a written demand, to execute such instruments as Lessor may reasonably request to evidence further the subordination of this lease to any existing or future mortgage, deed of trust or other security interest pertaining to the premises, and to any water, sewer or access easement necessary or desirable to serve the premises or adjoining property owned in whole or in part by Lessor if such easement does not interfere with the full enjoyment of any right granted the Government under this lease
B. No such subordination, to either existing or future mortgages, deeds of trust or other lien or security instrument shall operate to affect adversely any right of the Government under this lease. Lessor will include in any future mortgage, deed of trust or other security instrument to which this lease becomes subordinate, or in a separate non-disturbance agreement, a provision to the foregoing effect. Lessor warrants that the holders of all notes or other obligations secured by existing mortgages, deeds of trust or other security instruments have consented to the provisions of this clause and agrees to provide true copies of all such consents to the Government promptly upon demand.
C. In the event of any sale of the premises or any portion thereof by foreclosure of the lien of any such mortgage, deed of trust or other security instrument, or the giving of a deed in lieu of foreclosure, the Government will be deemed to have attorned to any purchaser, purchasers, transferee or transferees of the premises or any portion thereof and its or their successors and assigns, and any such pur...
Foreclosures. Foreclose upon or otherwise take title to or possession or control of any real property without first obtaining a phase one environmental report thereon which indicates that the property is free of pollutants, contaminants or hazardous or toxic waste materials, provided, however, that the Seller shall not be required to obtain such a report with respect to single family, non-agricultural residential property of one acre or less to be foreclosed upon unless it has or should have had reason to believe that such property might contain any such waste materials or otherwise might be contaminated.
Foreclosures. If any mortgage is foreclosed, then:
Foreclosures. If any mortgage is foreclosed, then:
(i) This Lease shall continue;
(ii) Tenant's quiet possession shall not be disturbed if Tenant is not in Default;
(iii) Tenant will attorn to and recognize the mortgagee or purchaser at foreclosure sale (Successor Landlord) as Tenant's landlord for the remaining Term; and
(iv) The Successor Landlord shall not be bound by:
(1) any payment of Base Rent or Additional Rent for more than one month in advance, except the Security Deposit and free rent, if any, specified in the Lease,
(2) any amendment, modification, or ending of this Lease without Successor Landlord's consent after the Successor Landlord's name is given to Tenant unless the amendment, modification, or ending is specifically authorized by the original Lease and does not require Landlord's prior agreement or consent, and
(3) any liability for any act or omission of a prior Landlord.
Foreclosures. Except in the ordinary course of business in connection with any foreclosure of a mortgage or deed of trust securing a loan, bid for or purchase any real property which is covered by that mortgage or deed of trust or which is the subject of that foreclosure.
Foreclosures. If Agent is made aware of any foreclosure proceedings, Agent will notify tenant immediately. In the event of a monetary loss to Tenant, Tenant understands that their sole recourse is with the Owner of the rental property. Tenant agrees agent is not responsible for funds lost due to transfer of property ownership.
Foreclosures. Foreclose upon or otherwise take title to or possession or control of any real property or entity thereon without first obtaining a Phase I Environmental Site Assessment performed pursuant to ASTME 1527-05 thereon which indicates that the property is free of Hazardous Material; provided, however, that no such report shall be required to be obtained with respect to single family residential real property of one acre or less to be foreclosed upon unless Indian Village or its Subsidiary has reason to believe such real property may contain any such Hazardous Material.
