Common use of Insurance and Taxes Clause in Contracts

Insurance and Taxes. If the Mortgagor’s monthly payment does not include amounts for the payment of insurance and/or properly taxes, it is the responsibility of the Client to: a) verify insurance coverage annually and send copies of insurance coverage to the Servicer, however Servicer is not responsible for the consequences of any non-payment of insurance; b) check for payment of taxes annually or use a Tax Service; Servicer may receive notices of property tax delinquencies and notify Client of any known nonpayment of taxes if Client has signed up for a Tax Service and listed Client and Servicer for notices of nonpayment of taxes, however Servicer is not responsible for the consequences of any non-payment of taxes. Servicer accepts no responsibility for the consequences of incorrect information supplied by Client.

Insurance and Taxes. If the Mortgagorborrower’s monthly payment does not include amounts for the payment of insurance and/or properly property taxes, it is the responsibility of the Client to: a) verify insurance coverage annually and send copies of insurance coverage to the Servicer, however Servicer is not responsible for the consequences of any non-payment of insurance; b) check for payment of taxes annually or use a Tax Service; Servicer may receive notices of property tax delinquencies and notify Client of any known nonpayment non payment of taxes if Client has signed up for a Tax Service and listed Client and Servicer for notices of nonpayment non payment of taxes, however Servicer is not responsible for the consequences of any non-non payment of taxes. Servicer accepts no responsibility for the consequences of incorrect information supplied by Client.

Insurance and Taxes. If the Mortgagorborrower’s monthly payment does not include amounts for the payment of insurance and/or properly property taxes, it is the responsibility of the Client to: (a) verify insurance coverage annually and send copies of insurance coverage to the Servicer; however, however Servicer is not responsible for the consequences of any non-payment of insurance; (b) check for payment of taxes annually or use a Tax Service; Servicer may receive notices of property tax delinquencies and notify Client of any known nonpayment non-payment of taxes if Client has signed up for a Tax Service and listed Client and Servicer for notices of nonpayment non-payment of taxes; however, however Servicer is not responsible for the consequences of any non-payment of taxes. Servicer accepts no responsibility for the consequences of incorrect information supplied by the Client.

Insurance and Taxes. If the Mortgagorborrower’s monthly payment does not include amounts for the payment of insurance and/or properly property taxes, it is the responsibility of the Client to: (a) verify insurance coverage annually and send copies of insurance coverage to the Servicer; however, however Servicer is not responsible for the consequences of any non-payment of insurance; (b) check for payment of taxes annually or use a Tax Service; Servicer may receive notices of property tax delinquencies and notify Client of any known nonpayment non- payment of taxes if Client has signed up for a Tax Service and listed Client and Servicer for notices of nonpayment non-payment of taxes; however, however Servicer is not responsible for the consequences of any non-payment of taxes. Servicer accepts no responsibility for the consequences of incorrect information supplied by the Client.

Insurance and Taxes. If the Mortgagor’s monthly payment does not include amounts for the payment of insurance and/or properly property taxes, it is the responsibility of the Client to: a) verify insurance coverage annually and send copies of insurance coverage to the Servicer, however Servicer is not responsible for the consequences of any non-payment of insurance; b) check for payment of taxes annually or use a Tax Servicetax monitoring service; Servicer may receive notices of property tax delinquencies and notify Client of any known nonpayment of taxes if Client has signed up for a Tax Service tax monitoring service and listed Client and Servicer for notices of nonpayment of taxes, however Servicer is not responsible for the consequences of any non-payment of taxes. Servicer accepts no responsibility for the consequences of incorrect information supplied by Client.