Common use of Hazard or Property Insurance Clause in Contracts

Hazard or Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term “extended coverage” and any other hazards, including floods or flooding, for which the Lender requires insurance. This insurance shall be maintained in the amounts and for the periods that Lender requires. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender’s approval which shall not be unreasonably withheld. If borrower fails to maintain coverage described above, Lender may, at Xxxxxx’s option, obtain coverage to protect Xxxxxx’s rights in the Property in accordance with paragraph 7.

Hazard or Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term “extended coverage” and any other hazards, including floods or flooding, for which the Lender requires insurance. This insurance shall be maintained in the amounts and for the periods that Lender requires. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender’s approval which shall not be unreasonably withheld. If borrower Borrower fails to maintain coverage described above, Lender may, at Xxxxxx’s 's option, obtain coverage to protect Xxxxxx’s 's rights in the Property in accordance with paragraph 7.

Hazard or Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term “"extended coverage” ,'' and any other hazards, including floods or flooding, for which the Lender requires insurance. This insurance shall be maintained in the amounts and for the periods that Lender requires. The insurance carrier providing the insurance shall be chosen by Borrower Borrower, subject to Lender’s approval 's approval, which shall not be unreasonably withheld. If borrower Borrower fails to maintain coverage described above, Lender may, at Xxxxxx’s Lender's option, obtain coverage xxxxxxge to protect Xxxxxx’s Lender's rights in the Property Pxxxxxxy in accordance with paragraph 7Paragraph 5.

Hazard or Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term “"extended coverage” " and any other hazards, including floods or flooding, for which the Lender requires insurance. This insurance shall be maintained in the amounts and for the periods that the Lender requires. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender’s 's approval which shall not be unreasonably withheld. If borrower Borrower fails to maintain coverage described above, Lender may, at Xxxxxx’s 's option, obtain coverage to protect Xxxxxx’s 's rights in the Property in accordance with paragraph 7Section 6.