Homeowner’s Insurance. Homeowner’s Insurance coverage for the replacement value of your home must be secured at the Homeowner’s expense for the term of this Agreement. The replacement value of your home could be more or less than the value of the Grant. Therefore, the replacement value will be accepted at the value set by your insurance carrier to replace your home.
Appears in 4 contracts
Samples: Rebuild Nc Homeowner Grant Agreement, Rebuild Nc Homeowner Grant Agreement, Homeowner Grant Agreement
Homeowner’s Insurance. Homeowner’s Insurance coverage for the replacement value of your reconstructed home must be secured at the Homeowner’s expense after the reconstructed home is ready for the term of this Agreementoccupancy and before grant closeout. The replacement value of your home could be more or less than the value of the Grant. Therefore, the replacement value will be accepted at the value set by your insurance carrier to replace your home.
Appears in 1 contract
Samples: Rebuild Nc Homeowner Grant Agreement
Homeowner’s Insurance. Homeowner’s Insurance coverage for the replacement value of your new home must be secured at the Homeowner’s expense after the new home is ready for the term of this Agreementoccupancy and before grant closeout. The replacement value of your home could be more or less than the value of the Grant. Therefore, the replacement value will be accepted at the value set by your insurance carrier to replace your home.
Appears in 1 contract
Samples: Homeowner Grant Agreement