Common use of Hazard Insurance Mortgagee Provisions Clause in Contracts

Hazard Insurance Mortgagee Provisions. Each Hazard Insurance Policy must contain or have attached a standard mortgagee clause in the form customarily used by or required by private institutional mortgage loan investors. Such clause must provide that the Hazard Insurance carrier shall notify the named Mortgagee at least ten days before any reduction in coverage or cancellation of the policy. All mortgagee clauses must be properly endorsed, necessary notices of transfer must be given and any other action must be taken that is necessary in order to protect the interests of the Trustee, its successors and/or assigns. The standard mortgagee clause should read as follows: "Insuring Wells Fargo Bank, N.A., as agent for HSBC Bank USA, National Associaxxxx, its successors and/or assigns."

Hazard Insurance Mortgagee Provisions. Each Hazard Insurance Policy must contain or have attached a standard mortgagee clause in the form customarily used by or required by private institutional mortgage loan investors. Such clause must provide that the Hazard Insurance carrier shall notify the named Mortgagee at least ten days before any reduction in coverage or cancellation of the policy. All mortgagee clauses must be properly endorsed, necessary notices of transfer must be given and any other action must be taken that is necessary in order to protect the interests of the Trustee, its successors and/or assigns. The standard mortgagee clause should read as follows: "Insuring Wells Fargo Bank, N.A., as agent for HSBC U.S. Bank USANational Association, National Associaxxxx, its xxx successors and/or assigns."

Hazard Insurance Mortgagee Provisions. Each Hazard Insurance Policy must contain or have attached a standard mortgagee clause in the form customarily used by or required by private institutional mortgage loan investors. Such clause must provide that the Hazard Insurance carrier shall notify the named Mortgagee at least ten days before any reduction in coverage or cancellation of the policy. All mortgagee clauses must be properly endorsed, necessary notices of transfer must be given and any other action must be taken that is necessary in order to protect the interests of the Trustee, its successors and/or assigns. The standard mortgagee clause should read as follows: "Insuring Wells Fargo Bank, N.A., as agent for HSBC Bank USA, National AssociaxxxxAssociatxxx, its successors and/or assigns."

Hazard Insurance Mortgagee Provisions. Each Hazard Insurance Policy must contain or have attached a standard mortgagee clause in the form customarily used by or required by private institutional mortgage loan investors. Such clause must provide that the Hazard Insurance carrier shall notify the named Mortgagee at least ten days before any reduction in coverage or cancellation of the policy. All mortgagee clauses must be properly endorsed, necessary notices of transfer must be given and any other action must be taken that is necessary in order to protect the interests of the Trustee, its successors and/or assigns. The standard mortgagee clause should read as follows: "Insuring Wells Fargo Bank, N.A.N. a., as agent for HSBC Bank USA, National AssociaxxxxAssocixxxxx, its successors and/or assigns."

Hazard Insurance Mortgagee Provisions. Each Hazard Insurance Policy must contain or have attached a standard mortgagee clause in the form customarily used by or required by private institutional mortgage loan investors. Such clause must provide that the Hazard Insurance carrier shall notify the named Mortgagee at least ten days before any reduction in coverage or cancellation of the policy. All mortgagee clauses must be properly endorsed, necessary notices of transfer must be given and any other action must be taken that is necessary in order to protect the interests of the Trustee, its successors and/or assigns. The standard mortgagee clause should read as follows: "Insuring Wells Fargo Bank, N.A., as agent for HSBC Bank USA, National Associaxxxx[___________], its successors and/or axx/xx assigns."

Hazard Insurance Mortgagee Provisions. Each Hazard Insurance Policy must contain or have attached a standard mortgagee clause in the form customarily used by or required by private institutional mortgage loan investors. Such clause must provide that the Hazard Insurance carrier shall notify the named Mortgagee at least ten days before any reduction in coverage or cancellation of the policy. All mortgagee clauses must be properly endorsed, necessary notices of transfer must be given and any other action must be taken that is necessary in order to protect the interests of the Trustee, its successors and/or assigns. The standard mortgagee clause should read as follows: "Insuring Wells Xxxxx Fargo Bank, N.A., as agent for HSBC Bank USA, National AssociaxxxxAssociation, its successors and/or assigns."

Hazard Insurance Mortgagee Provisions. Each Hazard Insurance Policy must contain or have attached a standard mortgagee clause in the form customarily used by or required by private institutional mortgage loan investors. Such clause must provide that the Hazard Insurance carrier shall notify the named Mortgagee at least ten days before any reduction in coverage or cancellation of the policy. All mortgagee clauses must be properly endorsed, necessary notices of transfer must be given and any other action must be taken that is necessary in order to protect the interests of the Trustee, its successors and/or assigns. The standard mortgagee clause should read as follows: "Insuring Wells Fargo Bank, N.A., as agent for HSBC Bank USAWachovia Bank, National Associaxxxx, its successors and/or assigns."

Hazard Insurance Mortgagee Provisions. Each Hazard Insurance Policy must contain or have attached a standard mortgagee clause in the form customarily used by or required by private institutional mortgage loan investors. Such clause must provide that the Hazard Insurance carrier shall notify the named Mortgagee at least ten days before any reduction in coverage or cancellation of the policy. All mortgagee clauses must be properly endorsed, necessary notices of transfer must be given and any other action must be taken that is necessary in order to protect the interests of the Trustee, its successors and/or assigns. The standard mortgagee clause should read as follows: "Insuring Wells Xxxxx Fargo Bank, N.A., as agent for HSBC Bank USAWachovia Bank, National AssociaxxxxAssociation, its successors and/or assigns."

Hazard Insurance Mortgagee Provisions. Each Hazard Insurance Policy must contain or have attached a standard mortgagee clause in the form customarily used by or required by private institutional mortgage loan investors. Such clause must provide that the Hazard Insurance carrier shall notify the named Mortgagee at least ten days before any reduction in coverage or cancellation of the policy. All mortgagee clauses must be properly endorsed, necessary notices of transfer must be given and any other action must be taken that is necessary in order to protect the interests of the Trustee, its successors and/or assigns. The standard mortgagee clause should read as follows: "Insuring Wells Fargo Bank, N.A., as agent for HSBC Bank USA, National AssociaxxxxAxxxxxation, its successors and/or assigns."

Hazard Insurance Mortgagee Provisions. Each Hazard Insurance Policy must contain or have attached a standard mortgagee clause in the form customarily used by or required by private institutional mortgage loan investors. Such clause must provide that the Hazard Insurance carrier shall notify the named Mortgagee at least ten days before any reduction in coverage or cancellation of the policy. All mortgagee clauses must be properly endorsed, necessary notices of transfer must be given and any other action must be taken that is necessary in order to protect the interests of the Trustee, its successors and/or assigns. The standard mortgagee clause should read as follows: "“Insuring Wells Wxxxx Fargo Bank, N.A., as agent for HSBC Bank USA, National Associaxxxx[______________], its successors and/or assigns."”