Common use of No Condemnation or Damage Clause in Contracts

No Condemnation or Damage. To the best of the Seller's knowledge, the physical condition of each Mortgaged Property has not deteriorated since the date of origination of the related 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: Loan Sale Agreement (Remodelers Investment Corp)

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No Condemnation or Damage. To the best of the SellerBorrower's knowledge, the physical condition of each Mortgaged Property has not deteriorated since the date of origination of the related 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: Master Financing Agreement (Cityscape Financial Corp)

No Condemnation or Damage. To the best of the Seller's knowledge, the physical condition of each Mortgaged Property has not deteriorated since the date of origination of the related 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: Custody Agreement (Rock Financial Corp/Mi/)

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

Appears in 1 contract

Samples: Supplemental Terms (Firstplus Financial Group Inc)

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