Common use of No Condemnation or Damage Clause in Contracts

No Condemnation or Damage. To the best of the Transferor's knowledge, the physical condition of each Mortgaged Property has not deteriorated since the date of origination of the related Home Loan (normal wear and tear excepted) and there is no proceeding pending for the total or partial condemnation of any Mortgaged Property.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Firstplus Investment Corp), Sale and Servicing Agreement (Firstplus Investment Corp), Loan Sale Agreement (Firstplus Investment Corp)

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No Condemnation or Damage. To the best of the Transferor's knowledge, the physical condition of each Mortgaged Property has not deteriorated since the date of origination of the related Home Mortgage Loan (normal wear and tear excepted) and there is no proceeding pending for the total or partial condemnation of any Mortgaged Property.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Remodelers Investment Corp)

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No Condemnation or Damage. To the best of the Transferor's knowledge, the physical condition of each Mortgaged Property has not deteriorated since the date of origination of the related Home Mortgage Loan (normal wear and tear excepted) ), and there is no proceeding pending for the total or partial condemnation of any Mortgaged Property.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Cityscape Corp)

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